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G.M. ELECTRONICS

Active
Private limited companyfounded 1985active for 41 yearsAvenue Vésale 23, 1300 Wavre, BelgiumKBO/BCE: BE 0426.751.795
Summary

G.M. ELECTRONICS has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269,627 and a net result of €36,848. Equity has been growing by about 55% per year since 2018. Its solvency ranks better than 71% of 250 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 09-01-1985 Normal situation
Activity
Manufacture of computer, electronic and optical products NACE 26120and 6 others
Joint committees
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2022
Establishment units
2.102.488.955 3080 Tervuren, since 09-01-1985
2.370.056.824 1300 Wavre, since 09-05-2022
Financial year end
31 December
Peppol
Reachable since 13-12-2025

Board and ownership

Board
Shareholders
  • Guy Lattelaisannual accounts 2016
  • Mathieu Vranckenannual accounts 2016
  • Michael Jeanmotteannual accounts 2016

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€150,567
▼ 12.9%
Turnover
≈ €380,000
estimated
Profit
€36,848
▼ 49.7%
Equity
€269,627
▲ 15.4%
Total assets
€390,227
▲ 17.7%
Employees on 31-12-2025
3
Filed on 29-05-2026, 63 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 2.04, cash €56,296Sector: Manufacture of computer, electronic and optical products (NACE 26)Founded in 1985Equity €269,627 (69.1% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of micro companies in computer and electronic products (NACE 26)
Financial strength · tick: 2024
Strong
Solvency 94-1
equity 69.1% of total assets
Liquidity 55-8
short-term debt 30.9% · cash 14.4%
Profitability 81-15
return on assets 9.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (447 companies, NACE 26, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (2.02 in 2024), above the usual 1.5. Short-term debt is 30.9% and cash 14.4% of total assets. 30.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 70% of them on solvency, 50% on liquidity, 68% on profitability and 72% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.04, cash €56,296
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €269,627 (69.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
29 days late
2023
on the day
2022
1 day early
2021
32 days early
2020
on the day
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 86% of companies in computer and electronic productssector median €50,434 · 250 companies €269,627 View
  • Positive: 8 profitable years in a rowprofit 2025: €36,848 8 years View

Recent changes

  1. · Gazette deed Registered office moved to WavreResignation: Michaël Jeanmotte (manager) · Reappointment: Michaël Jeanmotte (director)
  2. · Gazette deed Registered office moved from Ganshoren to Wavre
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as G.M. ELECTRONICS: manufacture of computer, electronic and optical products (NACE 26120). They are comparable in size and age: total assets between €70,900 and €3.7m, founded between 2000 and 2022.

CompanyTotal assetsGross margin
G.M. ELECTRONICS Wavre€0.4m€0.2m
PLD ELECTRONICS Lommel€0.8m€0.5m
VANBE Montigny-le-Tilleul€0.07m€0.06m
PAGE Poperinge€2.3m-
CERcuits Geel€0.8m€0.4m
CEPYA-ELECTRONICS Assesse€3.7m€0.9m
PS ELECTRONIQUE Tournai€0.1m€0.1m
Full comparison

Key facts about G.M. ELECTRONICS

What is the company number of G.M. ELECTRONICS?
The company number of G.M. ELECTRONICS is 0426.751.795. The VAT number is the same number with BE in front: BE 0426.751.795.
Where is G.M. ELECTRONICS based?
The registered office is at Avenue Vésale 23, 1300 Wavre.Company details
What does G.M. ELECTRONICS do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26120).
What is the legal form of G.M. ELECTRONICS?
The legal form of G.M. ELECTRONICS is Private limited company (BV).
When was G.M. ELECTRONICS founded?
G.M. ELECTRONICS was founded on 09-01-1985.
Is G.M. ELECTRONICS still active?
Yes, G.M. ELECTRONICS is an active enterprise in the KBO register.
How many employees does G.M. ELECTRONICS have?
G.M. ELECTRONICS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does G.M. ELECTRONICS fall under?
In its 2022 annual accounts, G.M. ELECTRONICS states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of G.M. ELECTRONICS?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €150,567 and 2,213 comparable companies of the same size. It probably lies between €250,000 and €580,000. It is a rough estimate.
Is G.M. ELECTRONICS profitable?
In financial year 2025, G.M. ELECTRONICS made a profit of €36,848.
Where can I find the annual accounts of G.M. ELECTRONICS?
G.M. ELECTRONICS filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G.M. ELECTRONICS due?
G.M. ELECTRONICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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