G.M.GROUP
ActiveG.M.GROUP has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-14k) and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-3
Solvency15▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.4 in 2024; short-term debt: 73.3% and cash: 1.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-10.4%
Return on assets
6.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 18040 sector peers (2025).
NBB · sector comparisonPosition among 18040 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
2 d early
2023
on the day
2022
5 d early
2021
31 d late
2020
185 d late
2019
122 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 31.7%
2024 · €12k
2018: €26k
2019: €27k
2020: €-81k
2021: €-20k
2022: €-47k
2023: €-15k
2024: €12k
2018 → 2025
Working capital
€-54k▲ 9.6%
2024 · €-60k
2018: €9k
2019: €64k
2020: €-8k
2021: €31k
2022: €-31k
2023: €-56k
2024: €-60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€-20k€-35k▼ 74.5%€-22k▲ 35.8%€-14k▲ 38.1%
Operating result€-5k-€-38k▼ 634%€-7k▲ 81.1%€19k€13k▼ 28.5%
Net result€-20k-€-47k▼ 139%€-15k▲ 68.6%€12k€8k▼ 31.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€89k▼ 13.8%
Current assets
€43k▲ 9.1%
Key figures and ratios
EBITDA
€24k▼
2024 · €30k
Cash flow
€19k▼
2024 · €24k
Solvency
-10.4%▲
2024 · -15.5%
Current ratio
0.44▲
2024 · 0.40
Quick ratio
0.08▼
2024 · 0.28
Debt / equity
-10.62▼
2024 · -7.44
ROA
6.4%▼
2024 · 8.7%
Interest coverage
4.74▲
2024 · 4.71
Debt
€146k▼
2024 · €165k
Debt ≤ 1 year
€97k▼
2024 · €99k
Debt > 1 year
€49k▼
2024 · €66k
Staff costs
€31k▼
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€143k€132k▼
Fixed assets21/28€104k€89k▼
Tangible fixed assets22/27€100k€89k▼
Land and buildings22€83k€78k▼
Plant, machinery and equipment23€6k€5k▼
Other tangible fixed assets26€11k€5k▼
Financial fixed assets28€4k€208▼
Current assets29/58€39k€43k▲
Stocks and contracts in progress3€12k€35k▲
Stocks30/36€12k€35k▲
Amounts receivable within one year40/41€5k€5k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€22k€2k▼
Deferred charges and accrued income490/1€639€99▼
Equity and liabilities
Total equity and liabilities10/49€143k€132k▼
Equity10/15€-22k€-14k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-41k€-32k▲
Amounts payable17/49€165k€146k▼
Amounts payable after more than one year17€66k€49k▼
Financial debts170/4€66k€49k▼
Amounts payable within one year42/48€99k€97k▼
Current portion of amounts payable after more than one year42€27k€17k▼
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€33k€47k▲
Suppliers440/4€33k€47k▲
Taxes, remuneration and social security45€10k€15k▲
Taxes450/3€1k€443▼
Remuneration and social security454/9€9k€15k▲
Other amounts payable47/48€27k€15k▼
Income statement
Code20242025
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€31k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€3k€592▼
Gross operating margin9900€64k€56k▼
Operating profit (loss)9901€19k€13k▼
Financial income75/76B€57€480▲
Recurring financial income75€57€427▲
Non-recurring financial income76B-€53
Financial charges65/66B€7k€6k▼
Recurring financial charges65€6k€5k▼
Non-recurring financial charges66B€98€376▲
Profit (loss) for the period before taxes9903€12k€8k▼
Profit (loss) for the period9904€12k€8k▼
Profit (loss) for the period to be appropriated9905€12k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€-32k▲
Profit (loss) brought forward from the previous period14P€-55k€-41k▲
Transfer from equity791/2€2k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 185 days late
2020
31-12
Financial
Weakest financial yearnet €-81k ▼405%
Net result drops to €-81k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-12
Financial
Highest result since 2018net €27k ▲1.9%
Net result €27k, the highest in the series.
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 113 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 53 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Morlanwelz · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Beauregard(CAR) 37141 MorlanwelzGround area
111 m²
Building footprint
112 m²
Volume, LiDAR
1,053 m³
Parcel 56015B0087/00R000, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PRESSE MARKET
since 20082.171.363.311
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56015B0087/00R000 | Wallonia | 111 m² | 1 · 111 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMorlanwelz2.171.363.311
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Of 2,347 companies in sector 47621 we hold annual accounts for 1,246. 1,009 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2007
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
47630Retail trade
47690Retail sale of other cultural and recreation goods
32300Other manufacturing
47260Retail trade
47639Retail sale of other sporting goods
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.