GDM TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of GDM TECHNICS is 2.6% (moderate). The 2025 annual accounts show negative equity (-€48,377) and a net result of €1,625. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 1333 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-3
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.27 in 2024; short-term debt: 119.5% and cash: 3.8% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-68.4%
Return on assets
2.3%
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 5% of 1333 sector peers (2025).
NBB · sector comparisonPosition among 1333 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
21 d late
2024
11 d late
2023
61 d late
2022
58 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 9 September (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€48,377▲ 3.3%
2024 · -€50,003
Total assets
€70,718▼ 21.8%
2024 · €90,384
Net result
€1,625▼ 66.4%
2024 · €4,835
Working capital
-€57,372▲ 16.6%
2024 · -€68,799
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€30,734--€20,584▲ 33.0%€8,003€3,610▼ 54.9%
Net result-€33,866below the sector's middle half--€23,972below the sector's middle half▲ 29.2%€4,835within the sector's middle half€1,625below the sector's middle half▼ 66.4%
Equity-€30,866below the sector's middle half--€54,838below the sector's middle half▼ 77.7%-€50,003below the sector's middle half▲ 8.8%-€48,377below the sector's middle half▲ 3.3%
Total assets€136,097within the sector's middle half-€148,728within the sector's middle half▲ 9.3%€90,384within the sector's middle half▼ 39.2%€70,718within the sector's middle half▼ 21.8%
Debt€166,963-€203,566▲ 21.9%€140,387▼ 31.0%€119,096▼ 15.2%
Working capital-€73,710below the sector's middle half--€88,955below the sector's middle half▼ 20.7%-€68,799below the sector's middle half▲ 22.7%-€57,372below the sector's middle half▲ 16.6%
Solvency-22.7%below the sector's middle half--36.9%below the sector's middle half▼ 14.2pp-55.3%below the sector's middle half▼ 18.5pp-68.4%below the sector's middle half▼ 13.1pp
Current ratio0.39below the sector's middle half-0.38below the sector's middle half▼ 0.010.27below the sector's middle half▼ 0.120.32below the sector's middle half▲ 0.05
Return on assets (ROA)-24.9%below the sector's middle half--16.1%below the sector's middle half▲ 8.8pp5.3%within the sector's middle half▲ 21.5pp2.3%within the sector's middle half▼ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,718
Fixed assets
€43,593 ▼ 33.1%
Current assets
€27,126 ▲ 7.7%
Key figures and ratios
EBITDA
€28,311▼
2024 · €33,316
Cash flow
€26,326▼
2024 · €30,147
Quick ratio
0.24▲
2024 · 0.21
Debt to equity
-2.46▲
2024 · -2.81
Interest coverage
14.26▲
2024 · 10.52
Debt ≤ 1 year
€84,497▼
2024 · €93,991
Debt > 1 year
€34,598▼
2024 · €46,396
Staff costs
€0▼
2024 · €347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
6.1%
went bankrupt
4.1%
stopped otherwise
89%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7,160 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €347 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,326 | €23,973 | €25,312 | €24,701 | ▼ 2.4% |
| Other operating charges640/8 | €1,340 | €1,596 | €199 | €727 | ▲ 266% |
| Non-recurring operating charges66A | - | €8,947 | - | - | - |
| Gross operating margin9900 | -€5,067 | €13,933 | €33,861 | €29,038 | ▼ 14.2% |
| Operating profit (loss)9901 | -€30,734 | -€20,584 | €8,003 | €3,610 | ▼ 54.9% |
| Financial income75/76B | €0 | €229 | €0 | - | - |
| Recurring financial income75 | €0 | €229 | €0 | - | - |
| Financial charges65/66B | €3,021 | €3,617 | €3,168 | €1,985 | ▼ 37.4% |
| Recurring financial charges65 | €3,021 | €3,617 | €3,168 | €1,985 | ▼ 37.4% |
| Profit (loss) for the period before taxes9903 | -€33,754 | -€23,972 | €4,835 | €1,625 | ▼ 66.4% |
| Income taxes67/77 | €112 | - | - | - | - |
| Profit (loss) for the period9904 | -€33,866 | -€23,972 | €4,835 | €1,625 | ▼ 66.4% |
| Profit (loss) for the period to be appropriated9905 | -€33,866 | -€23,972 | €4,835 | €1,625 | ▼ 66.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €136,097 | €148,728 | €90,384 | €70,718 | ▼ 21.8% |
| Fixed assets21/28 | €88,356 | €93,221 | €65,192 | €43,593 | ▼ 33.1% |
| Tangible fixed assets22/27 | €88,356 | €93,221 | €65,192 | €43,593 | ▼ 33.1% |
| Plant, machinery and equipment23 | €4,703 | €3,360 | €1,478 | €3,289 | ▲ 122% |
| Furniture and vehicles24 | €41,701 | €10,377 | €4,572 | €1,505 | ▼ 67.1% |
| Leasing and similar rights25 | €41,952 | €79,484 | €59,142 | €38,799 | ▼ 34.4% |
| Current assets29/58 | €47,741 | €55,508 | €25,192 | €27,126 | ▲ 7.7% |
| Stocks and contracts in progress3 | €5,000 | €5,000 | €5,000 | €7,000 | ▲ 40.0% |
| Stocks30/36 | €5,000 | €5,000 | €5,000 | €7,000 | ▲ 40.0% |
| Amounts receivable within one year40/41 | €41,014 | €47,061 | €14,548 | €13,930 | ▼ 4.2% |
| Trade receivables40 | €38,240 | €47,061 | €6,012 | €13,930 | ▲ 132% |
| Other amounts receivable41 | €2,775 | - | €8,536 | - | - |
| Cash at bank and in hand54/58 | €47 | €2,320 | €5,645 | €2,661 | ▼ 52.9% |
| Deferred charges and accrued income490/1 | €1,679 | €1,127 | €0 | €3,535 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €136,097 | €148,728 | €90,384 | €70,718 | ▼ 21.8% |
| Equity10/15 | -€30,866 | -€54,838 | -€50,003 | -€48,377 | ▲ 3.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€33,866 | -€57,838 | -€53,003 | -€51,377 | ▲ 3.1% |
| Amounts payable17/49 | €166,963 | €203,566 | €140,387 | €119,096 | ▼ 15.2% |
| Amounts payable after more than one year17 | €45,512 | €59,103 | €46,396 | €34,598 | ▼ 25.4% |
| Financial debts170/4 | €45,512 | €59,103 | €46,396 | €34,598 | ▼ 25.4% |
| Amounts payable within one year42/48 | €121,451 | €144,463 | €93,991 | €84,497 | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | €15,415 | €16,748 | €17,070 | €17,916 | ▲ 5.0% |
| Financial debts43 | €726 | €1,451 | €0 | €16 | - |
| Credit institutions430/8 | €726 | €1,451 | €0 | €16 | - |
| Trade debts44 | €48,252 | €51,348 | €0 | €24,760 | - |
| Suppliers440/4 | €48,252 | €51,348 | €0 | €24,760 | - |
| Taxes, remuneration and social security45 | €13,862 | €16,051 | €1,811 | €1,159 | ▼ 36.0% |
| Taxes450/3 | €2,962 | €8,001 | €1,811 | €1,159 | ▼ 36.0% |
| Remuneration and social security454/9 | €10,900 | €8,050 | €0 | - | - |
| Other amounts payable47/48 | €43,197 | €58,865 | €75,111 | €40,645 | ▼ 45.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,866 | -€23,972 | €4,835 | €1,625 | ▼ 66.4% |
| + Depreciation and write-downs630 | €24,326 | €23,973 | €25,312 | €24,701 | ▼ 2.4% |
| Operating cash flow (approximation) | -€9,540 | €2 | €30,147 | €26,326 | ▼ 12.7% |
| Investment in fixed assets (approximation) | - | -€28,837 | €2,716 | -€3,101 | ▼ 214% |
| Change in cash | - | €2,273 | €3,325 | -€2,984 | ▼ 190% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Back to profitnet €4,835
Net result €4,835 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Puurs-Sint-Amands · 1 establishment unit since 2021
Ground area
2,919 m²
Parcel 12028A0279/02C000, Flanders. Linked by address, not a title deed.
1 establishment unit
GDM TECHNICS
since 20212.317.352.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12028A0279/02C000 | Flanders | 2,919 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 158 EUR awarded · 83 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 158 EUR | 83 EUR |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,719 companies in sector 33120 we hold annual accounts for 1,347. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
49410Freight transport by road
68203Renting and operating of own or leased non-residential real estate, excluding land
81300Landscape service activities
85599Other education
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765983660
Also
9925:BE0765983660
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.