Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GM PROJECTS from Hoogstraten, company number BE0889868397, closed financial year 2025 with a result of € 269,957 after tax. For that financial year GM PROJECTS recorded a gross margin of € 589,602 and equity of € 643,450. Compared with financial year 2023, the result moved from € 21,762 to € 269,957. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 17, 2025.
€ 643,450
▲ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 269,957
▲ € 248,195 vs 2023
Profit after tax over the fiscal year.
€ 10,663
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 637,250.
People and assets in 2025
€ 104,982
▲ 8% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 243,751
▼ 9% vs 2023
€ 55,192 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 17,163
▼ 58% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 36,224
▼ 18% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 186,646 | € 119,839 | € 589,602 | ▲ € 469,762 |
| Profit after taxes | € -2,530 | € 21,762 | € 269,957 | ▲ € 248,195 |
| Equity | € 520,048 | € 373,493 | € 643,450 | ▲ 72% |
| Total debts | € 547,750 | € 506,587 | € 383,013 | ▼ 24% |
| Cash | € 91,556 | € 28,683 | € 10,663 | ▼ 63% |
| Land & buildings | € 547,828 | € 504,948 | € 460,923 | ▼ 9% |
| Retained profit | € 513,848 | € 367,293 | € 637,250 | ▲ 73% |
| Dividend | € 0 | € 168,317 | € 0 | ▼ 100% |
| Bank debt | € 367,701 | € 268,083 | € 243,751 | ▼ 9% |
| Balance sheet total | € 1,067,798 | € 880,080 | € 1,026,463 | ▲ 17% |
Key figures of GM PROJECTS, 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 December 2026.
What happened to GM PROJECTS?
What happened at GM PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 269,957 (▲ € 248,195 vs 2023). Source: NBB ↗
- Marleen Beyers became a director. NBB
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,530 loss in 2022 to € 269,957 profit in 2025.
Paid € 267,512 in corporate taxes since 2022.
Best year ever: 2025, with € 269,957 profit.
Paid out € 168,317 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GM PROJECTS are Marleen Beyers and Guy Mertens.
Directors
According to the 2025 annual accounts
Marleen Beyers
Director
since 2023
Guy Mertens
Director
Establishments
Establishment units
Physical locations of this company
Deken Lauwerysstraat 2
2320 Hoogstraten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.868.397
- VAT number
- BE 0889.868.397
- Registered office
- Deken Lauwerysstraat 2, 2320 Hoogstraten
- Names & denominations
- GM PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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