Equity
GCMS paid out €225,387 in dividends. That is 276% of the 2025 profit.
GCMS paid out €225,387 in dividends. That is 276% of the 2025 profit.
The result fell in 2025 from €198,106 to €81,537.
Debts rose by €215,631 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Short-term debts rose from €114,767 to €413,787.
The last five annual accounts were filed 27 to 33 days before the end of the period.
More equity than 86% of companies in head offices and management consultancy. Sector median €79,315 · 41,250 companies.
In July 2024, 17,806 companies had the same profile as GCMS has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,806 companies, not a prediction for GCMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| GCMS Leuven | €1.1m | €215,185 | 43.6% | - |
| MT&C Leuven | €1.2m | €204,669 | 53.3% | - |
| M/V PLUS Bertem | €1.1m | €202,084 | 62.2% | - |
| SI Advies Tielt-Winge | €1.0m | €220,974 | 86.4% | - |
| EASN TECHNOLOGY INNOVATION SERVICES Zoutleeuw | €1.2m | €224,298 | 20.3% | - |
| InStraFinA Sint-Pieters-Leeuw | €0.9m | €209,917 | 96.2% | - |
| CORE-ABISS Beersel | €1.1m | €190,795 | 41.3% | - |
These companies have the same main activity as GCMS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €912,000 and €1.2m, founded between 2009 and 2010.
GCMS files the micro format. That format states no turnover. The gross margin rose from €133,685 in 2011 to €215,185 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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