Financials
Financial year 2025
GS2M from Gent, company number BE0827906975, closed financial year 2025 with a result of € 280,650 after tax. For that financial year GS2M recorded a gross margin of € 421,751 and equity of € 315,082. Compared with financial year 2024, the result moved from € -9,611 to € 280,650. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 315,082
▲ € 280,650 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 280,650
▲ still € 9,611 loss in 2024
Profit after tax over the fiscal year.
€ 521,193
▲ € 488,002 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 225,082.
People and assets in 2025
€ 1,084
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,212
▲ € 1,030 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 106,020
▲ € 104,366 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 51,137 | € 52,035 | € 61,136 | € 421,751 | ▲ € 360,615 |
| Profit after taxes | € -13,531 | € -16,277 | € -9,611 | € 280,650 | ▲ € 290,261 |
| Equity | € 60,320 | € 44,043 | € 34,432 | € 315,082 | ▲ € 280,650 |
| Total debts | € 720,863 | € 695,233 | € 690,620 | € 794,792 | ▲ 15% |
| Cash | € 4,682 | € 618 | € 33,191 | € 521,193 | ▲ € 488,002 |
| Land & buildings | € 770,845 | € 727,871 | € 684,898 | € 338,131 | ▼ 51% |
| Retained profit | € -29,680 | € -45,957 | € -55,568 | € 225,082 | ▲ € 280,650 |
| Bank debt | € 174,634 | € 132,095 | € 3,894 | € 0 | ▼ 100% |
| Balance sheet total | € 781,183 | € 739,277 | € 725,052 | € 1,109,874 | ▲ 53% |
Key figures of GS2M, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GS2M?
What happened at GS2M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc AERTS stepped down as director. NBB
- Sabine DE MARTELEIRE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 280,650. Source: NBB ↗
- Marc AERTS became a director. NBB
- Sabine DE MARTELEIRE became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 13,531 loss in 2022 to € 280,650 profit in 2025.
Paid € 102,213 in corporate taxes since 2022.
Best year ever: 2025, with € 280,650 profit.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Sabine DE MARTELEIRE
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Ekkergemstraat 56
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Marc AERTS(oprichter, gecommanditeerde vennoot) 61%
- DE MARTELEIRE Sabine Germaine(oprichter, vennoot) 39%
Details
- Company number
- 0827.906.975
- VAT number
- BE 0827.906.975
- Registered office
- Ekkergemstraat 56, 9000 Gent
- Names & denominations
- GS2M
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2010
- Peppol
- Active · Active since 29 Jan 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen