Financials
Financial year 2025
GM DEVELOPMENT from Aalst, company number BE0894092154, closed financial year 2025 with a result of € 51,622 after tax. For that financial year GM DEVELOPMENT recorded a gross margin of € 151,811 and equity of € 322,978. Compared with financial year 2024, the result moved from € 42,391 to € 51,622. 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 April 30, 2026.
€ 322,978
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,622
▲ 22% vs 2024
Profit after tax over the fiscal year.
€ 297,883
▼ 5% 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 € 180,578.
People and assets in 2025
€ 13,030
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 366,250
▼ 11% vs 2024
€ 45,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 6,860
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,749
▲ 60% 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 | € 168,545 | € 149,233 | € 135,017 | € 151,811 | ▲ 12% |
| Profit after taxes | € 76,191 | € 62,108 | € 42,391 | € 51,622 | ▲ 22% |
| Equity | € 166,856 | € 228,965 | € 271,356 | € 322,978 | ▲ 19% |
| Total debts | € 613,678 | € 535,625 | € 467,180 | € 398,262 | ▼ 15% |
| Cash | € 257,599 | € 253,293 | € 313,272 | € 297,883 | ▼ 5% |
| Land & buildings | € 416,109 | € 367,419 | € 318,729 | € 270,039 | ▼ 15% |
| Retained profit | € 24,456 | € 86,565 | € 128,956 | € 180,578 | ▲ 40% |
| Bank debt | € 501,250 | € 456,250 | € 411,250 | € 366,250 | ▼ 11% |
| Balance sheet total | € 780,534 | € 764,590 | € 738,536 | € 721,240 | ▼ 2% |
Key figures of GM DEVELOPMENT, 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 April 2027.
What happened to GM DEVELOPMENT?
What happened at GM DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,622 (▲ 22% vs 2024). Source: NBB ↗
- New establishment in Opwijk. KBO
- Start of the company according to the CBE. KBO
- New establishment in Aalst. KBO
In short
From € 76,191 profit in 2022 to € 51,622 profit in 2025.
Paid € 41,059 in corporate taxes since 2022.
Best year ever: 2022, with € 76,191 profit.
Management
Behind GM DEVELOPMENT is Geert Moens.
Directors
According to the 2025 annual accounts
Geert Moens
Director
Establishments
Establishment units
Physical locations of this company
Jan Frans Vonckstraat 1
9310 Aalst
Stwg. op Dendermonde 227
1745 Opwijk
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0894.092.154
- VAT number
- BE 0894.092.154
- Registered office
- Jan Frans Vonckstraat 1, 9310 Aalst
- Names & denominations
- GM DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2007
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
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