GC DEVELOPMENTS
Annual accounts 2025
micro format, filed on 11-03-2026, 142 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €110,000 and €160,000.
Balance sheet
balance sheet total €335,018 on 31-12-2025in euro
in euro
Position in the sector
14.2%
Higher than 17% of 21,217 companies in 2025.
2.21
Higher than 46% of 20,581 companies in 2025.
9.1%
Higher than 33% of 20,756 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
335,018 | 31,034 | |
21/28 |
265,953 | 3,349 | |
22/27 |
265,953 | 3,349 | |
22 |
263,782 | - | |
24 |
2,171 | 3,349 | |
29/58 |
69,065 | 27,686 | |
40/41 |
27,672 | 12,645 | |
40 |
24,914 | 12,645 | |
41 |
2,758 | - | |
54/58 |
37,927 | 3,675 | |
490/1 |
3,465 | 11,366 | |
| Balance sheet: equity and liabilities | |||
10/49 |
335,018 | 31,034 | |
10/15 |
47,489 | 17,724 | |
10/11 |
1,500 | 1,500 | |
13 |
45,989 | 16,224 | |
133 |
45,989 | 16,224 | |
14 |
0 | - | |
17/49 |
287,529 | 13,310 | |
17 |
256,213 | - | |
170/4 |
256,213 | - | |
42/48 |
31,316 | 12,959 | |
42 |
11,063 | - | |
44 |
471 | 194 | |
440/4 |
471 | 194 | |
45 |
18,636 | 11,124 | |
450/3 |
17,201 | 9,689 | |
454/9 |
1,435 | 1,435 | |
47/48 |
1,146 | 1,641 | |
492/3 |
0 | 352 | |
| Income statement | |||
9900 |
64,583 | 21,084 | |
630 |
14,193 | 186 | |
640/8 |
1,646 | 387 | |
9901 |
48,744 | 20,511 | |
75/76B |
1 | 15 | |
75 |
1 | 15 | |
65/66B |
9,623 | 137 | |
65 |
9,623 | 137 | |
9903 |
39,122 | 20,389 | |
67/77 |
8,524 | 4,164 | |
9904 |
30,597 | 16,224 | |
9905 |
30,597 | 16,224 | |
| Appropriation of the result | |||
9906 |
30,597 | 16,224 | |
691/2 |
30,597 | 16,224 | |
6921 |
30,597 | 16,224 | |
694/7 |
0 | - | |
694 |
0 | - | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 62,937 | 20,696 | ||
| 44,790 | 16,410 | ||
| 276,797 | 3,535 | ||
| 34,252 | - | ||
| 37,749 | 14,727 | ||
| 14.2% | 57.1% | ||
| 2.21 | 2.14 | ||
| 6.05 | 0.75 | ||
| 64.4% | 91.5% | ||
| 9.1% | 52.3% | ||
| 6.54 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €276,797 | €3,535 |
| €14,193 | €186 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on GC DEVELOPMENTS
The operating result for 2025 is 138% higher than in 2024.
Debt's share of the balance-sheet total rises from 42.9% to 85.8%. Equity and debt are higher.