Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
G.M.M. from Schelle, company number BE0871160265, closed financial year 2024 with a result of € -968 after tax. For that financial year G.M.M. recorded a gross margin of € -968 and equity of € -3.4 million. Compared with financial year 2023, the result moved from € -960 to € -968. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2025.
€ -3.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -968
▼ 1 % more loss than in 2023
Profit after tax over the fiscal year.
€ 192
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.1 million.
Debts at end 2024
€ 7.5 million
Loans from banks and other lenders, long and short.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -1,081 | € -880 | € -960 | € -968 | ▼ € 7 |
| Profit after taxes | € -1,148 | € -880 | € -960 | € -968 | ▼ € 7 |
| Equity | € -3,420,138 | € -3,421,017 | € -3,421,978 | € -3,422,945 | |
| Total debts | € 7,541,702 | € 7,542,582 | € 7,543,542 | € 7,544,510 | |
| Cash | € 192 | € 192 | € 192 | € 192 | |
| Retained profit | € -5,058,989 | € -5,059,868 | € -5,060,829 | € -5,061,796 | |
| Bank debt | € 7,531,610 | € 7,531,610 | € 7,531,610 | € 7,531,610 | |
| Balance sheet total | € 4,121,565 | € 4,121,565 | € 4,121,565 | € 4,121,565 |
Key figures of G.M.M., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to G.M.M.?
What happened at G.M.M. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 968. Source: NBB ↗
- New establishment in Schelle. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,148 loss in 2021 to € 968 loss in 2024.
Establishments
Establishment units
Physical locations of this company
Molenberglei 42
2627 Schelle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0871.160.265
- VAT number
- BE 0871.160.265
- Registered office
- Molenberglei 42, 2627 Schelle
- Names & denominations
- G.M.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2005
- Peppol
- Not registered