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GDM

Active
Private limited companyfounded 2008active for 18 yearsPoelstraat 50, 9280 Lebbeke, BelgiumKBO/BCE: BE 0806.666.450
Summary

GDM has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187,112 and a net result of -€2,807. Equity has been shrinking by about 3.5% per year since 2019. Its solvency ranks better than 21% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 29-09-2008 Normal situation
Activity
Other specialised construction activities NACE 43990
Establishment unit
2.174.240.449 9280 Lebbeke, since 01-10-2008
Financial year end
30 June
Peppol
Reachable since 22-12-2025

Board and ownership

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€57,072
▲ 387%
Turnover
≈ €300,000
estimated
Loss
€2,807
▼ 97.4%
Equity
€187,112
▼ 1.5%
Total assets
€946,001
▼ 3.7%
Filed on 07-01-2026, 24 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €946,001Founded in 2008Figures for financial year 2025 (filed on 08-01-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 23% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 45+1
equity 19.8% of total assets
Liquidity 26-1
short-term debt 54.3% · cash 2.8%
Profitability 49+44
return on assets -0.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.6%▼ -0.2 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.8%▲ +0.1 percentage points vs 11-2025 01-2026: 1.0%▲ +0.2 percentage points vs 12-2025highest value 02-2026: 0.2%▼ -0.8 percentage points vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (0.79 in 2024), below 1. Short-term debt is 54.3% and cash 2.8% of total assets. 80.2% 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 43, micro). It does better than 21% of them on solvency, 15% on liquidity, 23% on profitability and 32% 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).

Credit check for an amount and term of your choice

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.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €946,001
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2008
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 · Figures for financial year 2025 (filed on 08-01-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€2,807
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9883 sector peers (2025).
NBB · sector comparison
Position among 9883 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
39 days early
2023
48 days early
2022
11 days early
2021
40 days early
2020
25 days early
2019
46 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 33 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 23 December (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 07-01-2026 PDF all 17 filings

Turnover
≈ €300,000
Estimated: probably between €200,000 and €570,000
Total assets
€946,001▼ 3.7%
2024 · €982,131
Net result
-€2,807▲ 97.4%
2024 · -€108,224
Working capital
-€103,855▲ 4.7%
2024 · -€108,954
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is a profit of €10,581, after a loss of €120,168 in 2024.

Operating result€0.01m 2025 Net result-€0.003m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.02m-€0.4m▲ 22×€0.003m▼ 99.4%-€0.006m€0.03m-€0.1m€0.01m
Net result€0.01m-€0.3mabove the sector's middle half▲ 26×-€0.008mbelow the sector's middle half-€0.02mbelow the sector's middle half▼ 114%€0.009mwithin the sector's middle half-€0.1mbelow the sector's middle half-€0.003mbelow the sector's middle half▲ 97.4%
Equity-€0.01m-€0.3mwithin the sector's middle half€0.3mabove the sector's middle half▼ 2.6%€0.3mwithin the sector's middle half▼ 5.7%€0.3mwithin the sector's middle half▼ 0.9%€0.2mwithin the sector's middle half▼ 36.3%€0.2mwithin the sector's middle half▼ 1.5%
Total assets€0.8m-€1.1mwithin the sector's middle half▲ 41.4%€1.2mabove the sector's middle half▲ 9.0%€1.2mwithin the sector's middle half▼ 0.5%€1.2mwithin the sector's middle half▼ 2.6%€1.0mwithin the sector's middle half▼ 16.5%€0.9mwithin the sector's middle half▼ 3.7%
Debt€0.8m-€0.7m▼ 12.4%€0.8m▲ 16.1%€0.8m▲ 1.9%€0.8m▼ 3.0%€0.8m▼ 1.8%€0.8m▼ 4.2%
Working capital-€0.3m-€0.2mwithin the sector's middle half€0.1mabove the sector's middle half▼ 40.8%€0.03mbelow the sector's middle half▼ 78.0%€0.02mbelow the sector's middle half▼ 11.8%-€0.1mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 4.7%
Solvency-1.8%-29.4%within the sector's middle half▲ 31.2pp26.3%within the sector's middle half▼ 3.1pp24.9%within the sector's middle half▼ 1.4pp25.4%within the sector's middle half▲ 0.4pp19.3%below the sector's middle half▼ 6.0pp19.8%below the sector's middle half▲ 0.4pp
Current ratio0.40-1.42within the sector's middle half▲ 1.021.26within the sector's middle half▼ 0.161.05below the sector's middle half▼ 0.211.04below the sector's middle half▼ 0.010.79below the sector's middle half▼ 0.260.80below the sector's middle half▲ 0.01
Return on assets (ROA)1.7%-30.7%above the sector's middle half▲ 29.0pp-0.7%below the sector's middle half▼ 31.4pp-1.5%below the sector's middle half▼ 0.8pp0.8%below the sector's middle half▲ 2.3pp-11.0%below the sector's middle half▼ 11.8pp-0.3%below the sector's middle half▲ 10.7pp
Staff (FTE)1
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €946,001
Fixed assets €535,827 ▼ 6.8%
Current assets €410,174 ▲ 0.7%
Equity and liabilities €946,001
Equity €187,112 ▼ 1.5%
Debt €758,889 ▼ 4.2%
Debt's share of the balance-sheet total falls from 80.7% to 80.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,503▲
2024 · -€80,943
Cash flow
€36,115▲
2024 · -€68,999
Quick ratio
0.78▲
2024 · 0.77
Debt to equity
4.06▼
2024 · 4.17
ROE
-1.5%▲
2024 · -57.0%
Interest coverage
3.70▲
2024 · -6.04
Debt ≤ 1 year
€514,030▼
2024 · €516,336
Debt > 1 year
€244,859▼
2024 · €275,875
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€67,872---
Depreciation and write-downs of the year€38,680€42,720€39,225€38,922

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as GDM: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €799,000 and €1.3m, founded between 2004 and 2010.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
GDM Lebbeke2008€0.9m€0.2m€0.06m-€0.003m-2025
M&M PROJECTS Wavre2008€0.8m€0.6m€0.06m€0.05m-2025
ZIMCONSTRUCT Ukkel2010€0.9m€0.2m€0.06m€0.02m-2025
Les Frères Piscine Chaudfontaine2006€1.0m€0.5m€0.07m€0.009m-2024
CRISTIAN RENOV TOUT Anderlecht2008€0.8m€0.4m€0.07m€0.004m-2025
Greenson Merelbeke-Melle2009€0.8m€0.6m€0.08m€0.02m0.32025
R.dc Aalter2004€1.3m€0.7m€0.05m€0.02m02025

They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 1,423 companies had the same profile as GDM has now. Two years later, 1.0% had gone bankrupt and 96.5% were still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss
1.0% went bankrupt
2.2% stopped otherwise
96.5% was still going

Another 0.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GDM itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 1,423 companies, not a prediction for GDM. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines

Source: Annual accounts 2025 (PDF), filed on 07-01-2026.

Balance sheet Code20242025
Assets
Total assets20/58€982,131€946,001▼
Fixed assets21/28€574,749€535,827▼
Tangible fixed assets22/27€574,749€535,827▼
Land and buildings22€571,443€535,827▼
Furniture and vehicles24€3,306-
Current assets29/58€407,382€410,174▲
Stocks and contracts in progress3€10,000€10,000=
Stocks30/36€10,000€10,000=
Amounts receivable within one year40/41€366,134€373,606▲
Trade receivables40€62,965€76,138▲
Other amounts receivable41€303,168€297,468▼
Cash at bank and in hand54/58€30,356€26,330▼
Deferred charges and accrued income490/1€893€239▼
Equity and liabilities
Total equity and liabilities10/49€982,131€946,001▼
Equity10/15€189,920€187,112▼
Contributions10/11€6,200€6,200=
Reserves13€183,720€180,912▼
Distributable reserves133€183,720€180,912▼
Amounts payable17/49€792,211€758,889▼
Amounts payable after more than one year17€275,875€244,859▼
Financial debts170/4€275,875€244,859▼
Amounts payable within one year42/48€516,336€514,030▼
Current portion of amounts payable after more than one year42€30,386€31,016▲
Trade debts44€18,051€12,867▼
Suppliers440/4€18,051€12,867▼
Taxes, remuneration and social security45€49,982€3,497▼
Taxes450/3€49,982€3,497▼
Other amounts payable47/48€417,916€466,649▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,225€38,922▼
Other operating charges640/8€92,668€7,570▼
Gross operating margin9900€11,725€57,072▲
Operating profit (loss)9901-€120,168€10,581▲
Financial charges65/66B€13,405€13,388▼
Recurring financial charges65€13,405€13,388▼
Profit (loss) for the period before taxes9903-€133,573-€2,807▲
Transfer from deferred taxes780€71,258-
Income taxes67/77€45,909-
Profit (loss) for the period9904-€108,224-€2,807▲
Transfer from tax-exempt reserves789€207,577-
Profit (loss) for the period to be appropriated9905€99,353-€2,807▼
Appropriation of the result
Profit (loss) to be appropriated9906€99,353-€2,807▼
Transfer from equity791/2€1,860€2,807▲
Transfer to equity691/2€101,213-
To other reserves6921€101,213-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€40,807----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38,813€26,967€37,737€38,680€42,720€39,225€38,922▼ 0.8%
Other operating charges640/8-----€92,668€7,570▼ 91.8%
Gross operating margin9900€58,939€476,048€81,888€73,548€69,513€11,725€57,072▲ 387%
Operating profit (loss)9901€20,126€449,081€2,699-€5,938€26,793-€120,168€10,581-
Financial charges65/66B---€15,987€14,590€13,405€13,388▼ 0.1%
Recurring financial charges65€6,698€5,888€5,031€15,987€14,590€13,405€13,388▼ 0.1%
Profit (loss) for the period before taxes9903€13,428€443,193-€2,332-€21,925€12,203-€133,573-€2,807▲ 97.9%
Transfer from deferred taxes780---€3,810-€71,258--
Income taxes67/77€43€18,303€10,259-€3,065€45,909--
Profit (loss) for the period9904€13,385€341,753-€8,483-€18,115€9,138-€108,224-€2,807▲ 97.4%
Transfer from tax-exempt reserves789---€11,430-€207,577--
Profit (loss) for the period to be appropriated9905€13,385€98,864€3,519-€6,685€9,138€99,353-€2,807-
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.8m€1.1m€1.2m€1.2m€1.2m€1.0m€0.9m▼ 3.7%
Fixed assets21/28€0.6m€0.5m€0.7m€0.7m€0.7m€0.6m€0.5m▼ 6.8%
Tangible fixed assets22/27€0.6m€0.5m€0.7m€0.7m€0.7m€0.6m€0.5m▼ 6.8%
Land and buildings22---€0.7m€0.6m€0.6m€0.5m▼ 6.2%
Plant, machinery and equipment23---€0.001m----
Furniture and vehicles24---€0.01m€0.007m€0.003m--
Current assets29/58€0.2m€0.7m€0.5m€0.5m€0.5m€0.4m€0.4m▲ 0.7%
Stocks and contracts in progress3€489--€0.01m€0.04m€0.01m€0.01m=
Stocks30/36---€0.01m€0.04m€0.01m€0.01m=
Amounts receivable within one year40/41€0.2m€0.5m€0.5m€0.5m€0.5m€0.4m€0.4m▲ 2.0%
Trade receivables40---€0.2m€0.2m€0.06m€0.08m▲ 20.9%
Other amounts receivable41---€0.3m€0.3m€0.3m€0.3m▼ 1.9%
Cash at bank and in hand54/58€0.02m€0.1m€0.01m€0.008m€0.008m€0.03m€0.03m▼ 13.3%
Deferred charges and accrued income490/1---€0.002m-€0.001m€239▼ 73.3%
Equity and liabilities
Total equity and liabilities10/49€0.8m€1.1m€1.2m€1.2m€1.2m€1.0m€0.9m▼ 3.7%
Equity10/15-€0.01m€0.3m€0.3m€0.3m€0.3m€0.2m€0.2m▼ 1.5%
Contributions10/11€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13-€0.3m€0.3m€0.3m€0.3m€0.2m€0.2m▼ 1.5%
Non-distributable reserves130/1---€0.002m€0.002m---
Reserves not available under the articles1311---€0.002m€0.002m---
Tax-exempt reserves132---€0.2m€0.2m---
Distributable reserves133---€0.08m€0.08m€0.2m€0.2m▼ 1.5%
Profit (loss) carried forward14-€0.02m---€0.007m----
Provisions and deferred taxes16-€0.08m€0.08m€0.08m€0.07m---
Deferred taxes168---€0.08m€0.07m---
Amounts payable17/49€0.8m€0.7m€0.8m€0.8m€0.8m€0.8m€0.8m▼ 4.2%
Amounts payable after more than one year17€0.3m€0.2m€0.4m€0.3m€0.3m€0.3m€0.2m▼ 11.2%
Financial debts170/4---€0.3m€0.3m€0.3m€0.2m▼ 11.2%
Amounts payable within one year42/48€0.5m€0.5m€0.4m€0.5m€0.5m€0.5m€0.5m▼ 0.4%
Current portion of amounts payable after more than one year42---€0.03m€0.03m€0.03m€0.03m▲ 2.1%
Trade debts44€0.02m€0.009m€0.003m€0.02m€0.01m€0.02m€0.01m▼ 28.7%
Suppliers440/4---€0.02m€0.01m€0.02m€0.01m▼ 28.7%
Taxes, remuneration and social security45----€0.005m€0.05m€0.003m▼ 93.0%
Taxes450/3----€0.005m€0.05m€0.003m▼ 93.0%
Other amounts payable47/48---€0.4m€0.4m€0.4m€0.5m▲ 11.7%
Accrued charges and deferred income492/3---€0.005m€0.001m---
Line2019202020212022202320242025Change
Profit (loss) for the period9904€13,385€341,753-€8,483-€18,115€9,138-€108,224-€2,807▲ 97.4%
+ Depreciation and write-downs630€38,813€26,967€37,737€38,680€42,720€39,225€38,922▼ 0.8%
Operating cash flow (approximation)€52,198€368,720€29,254€20,565€51,858-€68,999€36,115-
Investment in fixed assets (approximation)-€81,338-€242,624-€67,872€0€39,850€0▼ 100%
Change in cash-€93,931-€96,413-€6,478-€836€22,851-€4,026-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 07-01-2026 2026-00003585 PDF
30-06-2024 abbreviated format 23-12-2024 2024-00626299 PDF
30-06-2023 abbreviated format 14-12-2023 2023-00527699 PDF
30-06-2022 abbreviated format 20-01-2023 2023-00000797 PDF
30-06-2021 micro format 22-12-2021 2021-81100041 PDF
30-06-2020 abbreviated format 06-01-2021 2021-00400205 PDF
30-06-2019 abbreviated format 16-12-2019 2019-76600172 PDF
30-06-2018 abbreviated format 20-12-2018 2018-75500587 PDF
30-06-2017 abbreviated format 20-12-2017 2017-72500601 PDF
30-06-2016 abbreviated format 09-01-2017 2017-00700256 PDF

Show all 17 filings

Board & ownership

Directors

Directors
2 directors, last change in 2024
Ann-Gaëlle Ceulemans
Director · appointed in the act of 25-01-2024
Current
Wim Achtergael
Director · appointed in the act of 25-01-2024 · earlier statutair zaakvoerder, until 25-01-2024 · term without a fixed end
Current

Owners and capital

Capital transactions

Capital over time
  1. 25-01-2024 Converted to unavailable equity

Mandate history

3 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Wim Achtergael
  • Statutair bestuurder, from before 01-01-2020 to 25-01-2024
  • Director, appointed in the act of 25-01-2024, still in office
Ann-Gaëlle Ceulemans
  • Director, appointed in the act of 25-01-2024, still in office
Micheline Vastenavondt
  • Director, until 18-10-2022
See the board, name and registered office on a given date →

Network & group

GDM shares no director with another company.

Companies at the same address

4 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of GDM. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2026
07-01
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 24 days before the deadline
2024
23-12
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 39 days before the deadline
30-06
Financial Weakest financial yearnet -€108,224
The net result drops to -€108,224, the lowest from 2019 to 2025. It recovers the following year.
25-01
Gazette deed Change of role: Wim Achtergael, from statutair zaakvoerder to director
Reappointment: Wim Achtergael (statutair bestuurder) · Appointment: Ann-Gaëlle Ceulemans (director) · Capital conversion12 points ▸
  • General meeting, 16-01-2024
  • Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm BV, statuten aanpassen” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Director resignation, Wim Achtergael (statutair zaakvoerder)
  • Director reappointment, Wim Achtergael (statutair bestuurder)
  • Director appointment, Wim Achtergael (director)
  • Director appointment, Ann-Gaëlle Ceulemans (director)
  • Amendment of the articles
  • Capital
  • Other provision, “statutair onbeschikbare eigen vermogensrekening, Nihil” (deed in Dutch)
  • Registered office clause, “Poelstraat 50,9280 Lebbeke” (deed in Dutch)

Open the act in the Belgian Official Gazette

2023
14-12
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 48 days before the deadline
30-06
Financial Back to profitnet €9,138
The net result is €9,138, after 2 loss-making years.
20-01
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 11 days before the deadline
2022
09-12
Gazette deed Registered office moved from Koksijde to Lebbeke
Resignation: Micheline Vastenavondt (director) · Appointment: Achtergael Wim (director) · Permanent representative: Toon Huybrechts5 points ▸
  • General meeting, 17-10-2022
  • Director resignation, Micheline Vastenavondt (director)
  • Director appointment, Achtergael Wim (director)
  • Registered-office move, Poelstraat 50 te 9280 Lebbeke
  • Permanent representative, Toon Huybrechts

Open the act in the Belgian Official Gazette

2021
22-12
NBB filing Annual accounts 2021 filedPDF
micro format · 40 days before the deadline
06-01
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 25 days before the deadline
2020
30-06
Financial Highest result from 2019 to 2025net €341,753 ▲2,453%
The operating result of €449,081 and the net result of €341,753 are both a record.
30-06
Financial Liquidity more than triplescurrent ratio 1.42
The current ratio rises from 0.40 to 1.42. Short-term debt falls from €536,705 to €458,206.
Show earlier events
30-06
Financial Equity above €200,000equity €327,483
With a profit in every financial year since 2019, equity grows to €327,483.
2019
16-12
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 46 days before the deadline
2018
20-12
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 42 days before the deadline
2017
20-12
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 42 days before the deadline
09-01
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 22 days before the deadline
2008
07-10
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

GDM was incorporated on 29 September 2008.1 The registered office was moved to Lebbeke in 2022.2 Total assets rose from €787,506 in 2019 to €946,001 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-12-2022
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name GDM in Dutch
Enterprise number 0806.666.450
Legal form Private limited company
Status Active, normale toestand
Founded 29-09-2008
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit bestuursorgaan oprichten of opheffen wanneer en waar nodig voor zover geen wijziging taalregime”
deed of 25-01-2024 (in Dutch)

Registered office and establishments

Registered office Poelstraat 50, 9280 Lebbeke, Belgium
Former registered office 8670 Koksijde until 18-10-2022 · act of 09-12-2022
Establishment unit GDM, Poelstraat 50, 9280 Lebbeke since 01-10-2008 · unit number 2.174.240.44943320 Joinery installation

Activities

NACEBEL 2025
43990 Other specialised construction activities main activity
Codes under NACEBEL 2008
43995 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle timmerwerk en schrijnwerk (zowel hout,kunststof of andere materialen); Het aannemen en uitvoeren van alle werken in rechtstreeks of…”
15 activities
  1. Alle timmerwerk en schrijnwerk (zowel hout,kunststof of andere materialen);
  2. Het aannemen en uitvoeren van alle werken in rechtstreeks of onrechtstreeks verband met schrijnwerk,timmerwerk en bouwafwerking,zowel binnen- als buitenafwerking en het verrichten van alle handelingen welke hiermede in verband staan zowel voor nieuwbouw als voor renovatie met inbegrip van: De installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds enzovoort; De installatie van garagepoorten,luiken,zonneblinden,traliewerk,enzovoort; De installatie van geblindeerde deuren en brandwerende deuren.
  3. Algemene bouwonderneming;
  4. Aannemersbedrijf voor het dichtmaken,uitvoering van dakbedekking en metalen van gebouwen;
  5. Het leggen van parketvloeren en het plaatsen van alle houten wand- en vloerbekledingen;
  6. De montage van serres,veranda's,enzovoort;
  7. Groot-en kleinhandel in decoratiemateriaal;
  8. Algemene coördinatie werkzaamheden;
  9. Binnenhuisactiviteiten;
  10. Isolatiewerken en aanbrengen van chape;
  11. Reinigen van gebouwen;
  12. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundige beheer,uitbreiding,verfraaiing,transformatie van een eigen onroerend en roerend patrimonium zoals: Onroerende goederen en/of zakelijke rechten op onroerende goederen verwerven,laten bouwen,verbouwen,laten opschikken,laten uitrusten,ombouwen,verfraaien,in huur geven of nemen,in leasing geven of nemen,verkavelen,onderhouden,ontwikkelen en uitbaten,urbaniseren,vervreemden en ruilen met het oog op beheer,wederbelegging en opbrengst; zowel voor eigen rekening als voor rekening van derden in de ruimste zin; Beschikbare middelen beleggen in alle roerende goederen en waarden,een portefeuille van waarden beheren,en dienaangaande aankopen en verkopen verrichten.
  13. Deelnemen door inschrijving,inbreng,fusie,opslorping,samenwerking,financiële tussenkomst of afspraak in alle andere Belgische of buitenlandse vennootschappen,instellingen of ondernemingen,zonder onderscheid,ongeacht of zij opgericht zijn of nog moeten opgericht worden,wier maatschappelijk voorwerp gelijk,verwant,verknocht of analoog is of waarvan deelname of samenwerking kan bijdragen tot verwezenlijking voorwerp.
  14. Zich ten gunste van dezelfde vennootschappen borg stellen of aval verlenen,optreden als agent,vertegenwoordiger,voorschotten toestaan,krediet verlenen,hypothecaire en andere zekerheden verstrekken.
  15. De functie van voorzitter,zaakvoerder,bestuurder,commissaris of vereffenaar in een andere vennootschap uitoefenen,zo zij aan de voorwaarden daartoe voldoet.
deed of 25-01-2024 (in Dutch)

Invoicing and payment

VAT number BE 0806.666.450
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0806666450
Other Peppol ID 9925:BE0806666450
Registered 22-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0806.666.450

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Environmental permits

1 application in Flanders since 2022 · 1 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Granted on 31-05-2022submitted 11-02-2022authority: Buggenhoutproject 2022020278

Source: Omgevingsloket Vlaanderen.

Sites & property

Location
registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
2,195 m²
Building footprint
189 m²
Building volume
959 m³
Cadastral parcel Region Area Buildings Height / floors
42011B1201/00A002 Flanders 2,195 m² 1 · 189 m² 8.4 m · 2