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GGMC

Dissolution or liquidation
Private limited companyKBO/BCE: BE 0803.843.750

The last legal situation the KBO register recorded for GGMC was dissolution or liquidation. Dissolved on 20-03-2026, liquidation closed; liquidators: Goethals Geert; Geert GOETHALS, formerly sole director; books and records kept in Heusden (10 years).

Summary

Inactive since 19-06-2026; last annual accounts for financial year 2025.

GGMCDissolution or liquidation

Financials · financial year 2025, micro format

Turnover
≈ €330,000
Estimated: probably between €220,000 and €510,000
Total assets
€257,654▼ 9.4%
2024 · €284,276
Net result
€85,153▼ 36.2%
2024 · €133,468
Working capital
€217,840▲ 139%
2024 · €90,964
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 39% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€119,076 2025 Net result€85,153 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€195,320-€119,076▼ 39.0%
Net result€133,468-€85,153▼ 36.2%
Equity€136,468-€221,621▲ 62.4%
Total assets€284,276-€257,654▼ 9.4%
Debt€147,808-€36,033▼ 75.6%
Working capital€90,964-€217,840▲ 139%
Turnover and EBIT margin not published: the 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 €257,654
Fixed assets €3,782 ▼ 92.3%
Current assets €253,872 ▲ 7.9%
Equity and liabilities €257,654
Equity €221,621 ▲ 62.4%
Debt €36,033 ▼ 75.6%
Debt's share of the balance-sheet total falls from 52.0% to 14.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€120,310▼
2024 · €207,420
Cash flow
€86,387▼
2024 · €145,568
Current ratio
7.05▲
2024 · 1.63
Debt to equity
0.16▼
2024 · 1.08
ROE
38.4%▼
2024 · 97.8%
ROA
33.0%▼
2024 · 47.0%
Interest coverage
over 100▲
2024 · 58.95
Debt ≤ 1 year
€36,033▼
2024 · €144,354
Income taxes
€33,796▼
2024 · €58,333
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€284,276€257,654▼
Formation expenses20€13€0▼
Fixed assets21/28€48,944€3,782▼
Tangible fixed assets22/27€48,694€3,532▼
Furniture and vehicles24€48,694€3,532▼
Financial fixed assets28€250€250=
Current assets29/58€235,318€253,872▲
Amounts receivable within one year40/41€29,769€201▼
Trade receivables40€29,769€0▼
Other amounts receivable41-€201
Cash at bank and in hand54/58€205,549€253,671▲
Equity and liabilities
Total equity and liabilities10/49€284,276€257,654▼
Equity10/15€136,468€221,621▲
Contributions10/11€3,000€3,000=
Reserves13€133,468€201,621▲
Distributable reserves133€133,468€201,621▲
Profit (loss) carried forward14-€17,000
Amounts payable17/49€147,808€36,033▼
Amounts payable within one year42/48€144,354€36,033▼
Trade debts44€2,446€1,442▼
Suppliers440/4€2,446€1,442▼
Taxes, remuneration and social security45€79,500€33,796▼
Taxes450/3€79,500€33,796▼
Other amounts payable47/48€62,407€795▼
Accrued charges and deferred income492/3€3,454€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,100€1,234▼
Other operating charges640/8€645€306▼
Non-recurring operating charges66A-€11,516
Gross operating margin9900€208,065€132,132▼
Operating profit (loss)9901€195,320€119,076▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€3,519€126▼
Recurring financial charges65€3,519€126▼
Profit (loss) for the period before taxes9903€191,801€118,949▼
Income taxes67/77€58,333€33,796▼
Profit (loss) for the period9904€133,468€85,153▼
Profit (loss) for the period to be appropriated9905€133,468€85,153▼
Appropriation of the result
Profit (loss) to be appropriated9906€133,468€85,153▼
Transfer to equity691/2€133,468€68,153▼
To other reserves6921€133,468€68,153▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,100€1,234▼ 89.8%
Other operating charges640/8€645€306▼ 52.6%
Non-recurring operating charges66A-€11,516-
Gross operating margin9900€208,065€132,132▼ 36.5%
Operating profit (loss)9901€195,320€119,076▼ 39.0%
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€3,519€126▼ 96.4%
Recurring financial charges65€3,519€126▼ 96.4%
Profit (loss) for the period before taxes9903€191,801€118,949▼ 38.0%
Income taxes67/77€58,333€33,796▼ 42.1%
Profit (loss) for the period9904€133,468€85,153▼ 36.2%
Profit (loss) for the period to be appropriated9905€133,468€85,153▼ 36.2%
Line20242025Change
Assets
Total assets20/58€284,276€257,654▼ 9.4%
Formation expenses20€13€0▼ 100%
Fixed assets21/28€48,944€3,782▼ 92.3%
Tangible fixed assets22/27€48,694€3,532▼ 92.7%
Furniture and vehicles24€48,694€3,532▼ 92.7%
Financial fixed assets28€250€250=
Current assets29/58€235,318€253,872▲ 7.9%
Amounts receivable within one year40/41€29,769€201▼ 99.3%
Trade receivables40€29,769€0▼ 100%
Other amounts receivable41-€201-
Cash at bank and in hand54/58€205,549€253,671▲ 23.4%
Equity and liabilities
Total equity and liabilities10/49€284,276€257,654▼ 9.4%
Equity10/15€136,468€221,621▲ 62.4%
Contributions10/11€3,000€3,000=
Reserves13€133,468€201,621▲ 51.1%
Distributable reserves133€133,468€201,621▲ 51.1%
Profit (loss) carried forward14-€17,000-
Amounts payable17/49€147,808€36,033▼ 75.6%
Amounts payable within one year42/48€144,354€36,033▼ 75.0%
Trade debts44€2,446€1,442▼ 41.1%
Suppliers440/4€2,446€1,442▼ 41.1%
Taxes, remuneration and social security45€79,500€33,796▼ 57.5%
Taxes450/3€79,500€33,796▼ 57.5%
Other amounts payable47/48€62,407€795▼ 98.7%
Accrued charges and deferred income492/3€3,454€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€133,468€85,153▼ 36.2%
+ Depreciation and write-downs630€12,100€1,234▼ 89.8%
Operating cash flow (approximation)€145,568€86,387▼ 40.7%
Investment in fixed assets (approximation)-€43,929-
Change in cash-€48,122-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-06-2025 micro format 30-01-2026 2026-00020158
30-06-2024 micro format 20-12-2024 2024-00620842

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.