What does GM Estate do?

GM Estate is a wholesaler in Antwerpen. Private Limited, started on 31 August 2009, 1 establishment.

What is the address of GM Estate?

The registered office of GM Estate is located at Hoveniersstraat 53 box 25, 2018 Antwerpen.

Is GM Estate still active?

Yes. According to the CBE (31 October 2026) GM Estate is active, legal situation “Normale toestand”, started on 31 August 2009.

Is GM Estate registered on Peppol?

Yes, GM Estate is registered on the Peppol network with ID 0208:0818155705.

What is the enterprise number of GM Estate?

The enterprise number of GM Estate is BE0818155705.

When was GM Estate founded?

GM Estate was founded on 31 August 2009.

Who are the directors of GM Estate?

According to the 2025 annual accounts, the directors of GM Estate are: Marc Grunhut.

Is GM Estate a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 August 2009; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GM Estate make in 2025?

GM Estate recorded a loss after taxes of € 232,564 in financial year 2025.

What is the revenue of GM Estate?

As a small company, GM Estate is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -69,762.

GM Estate (Private Limited) - Antwerpen - BE0818155705

Dossier GM Estate, printed on 1 November 2026 from databakkes.be/en/0818155705/gm-estate. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

90 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

GM Estate from Antwerpen, company number BE0818155705, closed financial year 2025 with a result of € -232,564 after tax. For that financial year GM Estate recorded a gross margin of € -69,762 and equity of € 114,641. Compared with financial year 2024, the result moved from € -134,509 to € -232,564. The company made a loss. The buffer shrank hard: equity is 67 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.

What it is worth Shrank hard

€ 114,641

▼ 67% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -232,564

▼ 73 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 582,131

▲ 43% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 108,441.

People and assets in 2025

Vehicles and equipment

€ 3,182

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 318

▼ 91% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 18,766

▲ 176% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -103,005 Gross margin 2022: € -103,005 First fiscal year in the series	€ -112,672 Gross margin 2023: € -112,672 ▼ € 9,667 vs 2022 (€ -103,005) Unfavourable step	€ -102,246 Gross margin 2024: € -102,246 ▲ € 10,426 vs 2023 (€ -112,672) Favourable step	€ -69,762 Gross margin 2025: € -69,762 ▲ € 32,484 vs 2024 (€ -102,246) Favourable step	▲ € 32,484
Profit after taxes	€ -264,164 Profit after taxes 2022: € -264,164 First fiscal year in the series	€ -89,664 Profit after taxes 2023: € -89,664 ▲ € 174,501 vs 2022 (€ -264,164) Favourable step	€ -134,509 Profit after taxes 2024: € -134,509 ▼ € 44,845 vs 2023 (€ -89,664) Unfavourable step	€ -232,564 Profit after taxes 2025: € -232,564 ▼ € 98,055 vs 2024 (€ -134,509) Unfavourable step	▼ € 98,055
Equity	€ 571,377 Equity 2022: € 571,377 First fiscal year in the series	€ 481,714 Equity 2023: € 481,714 ▼ 16% vs 2022 (€ 571,377) Unfavourable step	€ 347,205 Equity 2024: € 347,205 ▼ 28% vs 2023 (€ 481,714) Unfavourable step	€ 114,641 Equity 2025: € 114,641 ▼ 67% vs 2024 (€ 347,205) Unfavourable step	▼ 67%
Total debts	€ 2,901,513 Total debts 2022: € 2,901,513 First fiscal year in the series	€ 2,411,597 Total debts 2023: € 2,411,597 ▼ 17% vs 2022 (€ 2,901,513) Favourable step	€ 2,003,109 Total debts 2024: € 2,003,109 ▼ 17% vs 2023 (€ 2,411,597) Favourable step	€ 2,014,876 Total debts 2025: € 2,014,876 ▲ 1% vs 2024 (€ 2,003,109) Unfavourable step	▲ 1%
Cash	€ 1,532,539 Cash 2022: € 1,532,539 First fiscal year in the series	€ 546,899 Cash 2023: € 546,899 ▼ 64% vs 2022 (€ 1,532,539) Unfavourable step	€ 406,418 Cash 2024: € 406,418 ▼ 26% vs 2023 (€ 546,899) Unfavourable step	€ 582,131 Cash 2025: € 582,131 ▲ 43% vs 2024 (€ 406,418) Favourable step	▲ 43%
Land & buildings	€ 427,077 Land & buildings 2022: € 427,077 First fiscal year in the series	€ 406,200 Land & buildings 2023: € 406,200 ▼ 5% vs 2022 (€ 427,077) Unchanged	€ 406,200 Land & buildings 2024: € 406,200 Unchanged (€ 406,200) Unchanged	€ 406,200 Land & buildings 2025: € 406,200 Unchanged (€ 406,200) Unchanged
Retained profit	€ 565,177 Retained profit 2022: € 565,177 First fiscal year in the series	€ 475,514 Retained profit 2023: € 475,514 ▼ 16% vs 2022 (€ 565,177) Unfavourable step	€ 341,005 Retained profit 2024: € 341,005 ▼ 28% vs 2023 (€ 475,514) Unfavourable step	€ 108,441 Retained profit 2025: € 108,441 ▼ 68% vs 2024 (€ 341,005) Unfavourable step	▼ 68%
Bank debt	€ 2,879,070 Bank debt 2022: € 2,879,070 First fiscal year in the series	€ 2,004,703 Bank debt 2023: € 2,004,703 ▼ 30% vs 2022 (€ 2,879,070) Favourable step	€ 1,990,950 Bank debt 2024: € 1,990,950 ▼ 1% vs 2023 (€ 2,004,703) Favourable step	€ 1,990,950 Bank debt 2025: € 1,990,950 Unchanged (€ 1,990,950) Unchanged
Balance sheet total	€ 3,472,890 Balance sheet total 2022: € 3,472,890 First fiscal year in the series	€ 2,893,311 Balance sheet total 2023: € 2,893,311 ▼ 17% vs 2022 (€ 3,472,890) Unchanged	€ 2,350,314 Balance sheet total 2024: € 2,350,314 ▼ 19% vs 2023 (€ 2,893,311) Unchanged	€ 2,129,518 Balance sheet total 2025: € 2,129,518 ▼ 9% vs 2024 (€ 2,350,314) Unchanged	▼ 9%

Key figures of GM Estate, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GM Estate?

What happened at GM Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 24, 2026 New annual accounts for financial year 2025: loss of € 232,564. filed late Source: NBB ↗
2009 Marc Grunhut became a director. NBB
Aug 31, 2009 Start of the company according to the CBE. KBO
Aug 28, 2009 New establishment in Antwerpen. KBO

In short

From € 264,164 loss in 2022 to € 232,564 loss in 2025.

Paid € 28,240 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

Marc Grunhut

GM Estate

Behind GM Estate is Marc Grunhut.

Directors

According to the 2025 annual accounts

Marc Grunhut

bestuurder

since 2009

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 53 box 25

2018 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 90 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0818.155.705
VAT number: BE 0818.155.705
Registered office: Hoveniersstraat 53 bus 25, 2018 Antwerpen
Names & denominations: GM Estate
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 31 August 2009
Peppol: Active · Active since 1 Dec 2025
Activities · NACE: Groothandel in diamant en andere edelstenen

View on CBE Public ↗ Annual accounts (NBB) ↗