G.M
ActiveSummary
The computed 12-month bankruptcy probability of G.M is 3.7% (moderate). The 2025 annual accounts show negative equity (-€74,747) and a net result of €0. Equity is shrinking by ~26.4% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 907 companies that looked in July 2024 the way this one looks now, 6.0% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 907 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €16,636 | €41,085 | €32,183 | €38,773 | - | - |
| Other operating charges640/8 | €56 | - | €111 | - | - | - |
| Gross operating margin9900 | €13,652 | €9,485 | €26,844 | €15,054 | €0 | ▼ 100% |
| Operating profit (loss)9901 | -€3,039 | -€31,601 | -€5,451 | -€23,718 | €0 | ▲ 100% |
| Financial income75/76B | - | - | €2,980 | - | - | - |
| Recurring financial income75 | - | - | €2,980 | - | - | - |
| Financial charges65/66B | €1 | €36 | - | €80 | - | - |
| Recurring financial charges65 | €1 | €36 | - | €80 | - | - |
| Profit (loss) for the period before taxes9903 | -€3,040 | -€31,636 | -€2,470 | -€23,798 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | -€3,040 | -€31,636 | -€2,470 | -€23,798 | €0 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | -€3,040 | -€31,636 | -€2,470 | -€23,798 | €0 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,986 | €4,770 | €4,404 | €11,982 | €11,982 | = |
| Current assets29/58 | €6,986 | €4,770 | €4,404 | €11,982 | €11,982 | = |
| Stocks and contracts in progress3 | €480 | €710 | €710 | €710 | €710 | = |
| Stocks30/36 | €480 | €710 | €710 | €710 | €710 | = |
| Amounts receivable within one year40/41 | €19 | €2,069 | €34 | €9,670 | €9,670 | = |
| Trade receivables40 | - | - | - | €8,446 | €8,446 | = |
| Other amounts receivable41 | €19 | €2,069 | €34 | €1,224 | €1,224 | = |
| Cash at bank and in hand54/58 | €6,487 | €1,991 | €3,660 | €1,602 | €1,602 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,986 | €4,770 | €4,404 | €11,982 | €11,982 | = |
| Equity10/15 | -€16,843 | -€48,479 | -€50,949 | -€74,747 | -€74,747 | = |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Capital10 | €1,000 | - | - | - | - | - |
| Issued capital100 | €1,000 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€17,843 | -€49,479 | -€51,949 | -€75,747 | -€75,747 | = |
| Amounts payable17/49 | €23,829 | €53,249 | €55,353 | €86,729 | €86,729 | = |
| Amounts payable within one year42/48 | €23,829 | €53,249 | €55,353 | €86,729 | €86,729 | = |
| Trade debts44 | €1,215 | €8,832 | €8,105 | - | - | - |
| Suppliers440/4 | €1,215 | €8,832 | €8,105 | - | - | - |
| Taxes, remuneration and social security45 | €8,571 | €32,325 | €20,156 | - | - | - |
| Taxes450/3 | €2,529 | €291 | €3,655 | - | - | - |
| Remuneration and social security454/9 | €6,042 | €32,034 | €16,500 | - | - | - |
| Other amounts payable47/48 | €14,043 | €12,092 | €27,092 | €86,729 | €86,729 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,040 | -€31,636 | -€2,470 | -€23,798 | €0 | ▲ 100% |
| Operating cash flow (approximation) | -€3,040 | -€31,636 | -€2,470 | -€23,798 | €0 | ▲ 100% |
| Change in cash | - | -€4,497 | €1,669 | -€2,058 | -€0 | ▲ 100.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23039A0304/00S004 | Flanders | 1,384 m² | 1 · 94 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.