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GM-Automation

Active
Private limited company (pre-2019)founded 20179 yrs activeSint-Jozefsweg 7, 2580 Putte, BelgiumKBO/BCE: BE 0676.824.923

GM-Automation has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €18k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
75 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-16
Solvency69▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.85 in 2024; short-term debt: 16.1% and cash: 9.3% of total assets), but 56.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.8%
Return on assets
7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 9 filings
Deviation from the deadline
2025
20 d late
2024
31 d late
2023
31 d early
2022
31 d late
2021
31 d early
2020
18 d late
2019
44 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€116k▲ 4.5%
2024 · €111k
2018: €27k 2019: €41k 2020: €56k 2021: €70k 2022: €105k 2023: €159k 2024: €111k
2018 → 2025
Total assets
€264k▲ 6.9%
2024 · €247k
2018: €46k 2019: €60k 2020: €72k 2021: €121k 2022: €272k 2023: €308k 2024: €247k
2018 → 2025
Net result
€18k▼ 61.1%
2024 · €47k
2018: €19k 2019: €19k 2020: €15k 2021: €50k 2022: €22k 2023: €54k 2024: €47k
2018 → 2025
Working capital
€22k▲ 19.9%
2024 · €19k
2018: €27k 2019: €39k 2020: €51k 2021: €63k 2022: €35k 2023: €81k 2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€70k-€105k▲ 49.2%€159k▲ 52.1%€111k▼ 30.4%€116k▲ 4.5%
Operating result€66k-€30k▼ 54.0%€73k▲ 139%€53k▼ 26.3%€27k▼ 48.9%
Net result€50k-€22k▼ 55.6%€54k▲ 146%€47k▼ 13.0%€18k▼ 61.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €66k€66kNet result 2021: €50k€50kOperating result 2022: €30k€30kNet result 2022: €22k€22kOperating result 2023: €73k€73kNet result 2023: €54k€54kOperating result 2024: €53k€53kNet result 2024: €47k€47kOperating result 2025: €27k€27kNet result 2025: €18k€18k20212022202320242025
The operating result has fallen two years in a row; 2025 is 49% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264k
Fixed assets €199k▼ 3.6%
Current assets €65k▲ 60.8%
Equity and liabilities €264k
Equity €116k▲ 4.5%
Debt €148k▲ 8.8%
The debt ratio rises from 55.2% to 56.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€37k
2024 · €63k
Cash flow
€28k
2024 · €57k
Solvency
43.8%
2024 · 44.8%
Current ratio
1.52
2024 · 1.85
Quick ratio
1.52
2024 · 1.85
Debt / equity
1.28
2024 · 1.23
ROE
15.9%
2024 · 42.8%
ROA
7.0%
2024 · 19.2%
Interest coverage
12.50
2024 · 29.15
Debt
€148k
2024 · €136k
Debt ≤ 1 year
€43k
2024 · €22k
Debt > 1 year
€106k
2024 · €115k
Income taxes
€6k
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€247k€264k
Fixed assets21/28€207k€199k
Tangible fixed assets22/27€207k€199k
Land and buildings22€184k€178k
Plant, machinery and equipment23€13k€2k
Furniture and vehicles24€9k€19k
Current assets29/58€40k€65k
Amounts receivable within one year40/41€7k€26k
Trade receivables40€7k€26k
Other amounts receivable41€101€101=
Current investments50/53€2k€14k
Cash at bank and in hand54/58€29k€24k
Deferred charges and accrued income490/1€3k€483
Equity and liabilities
Total equity and liabilities10/49€247k€264k
Equity10/15€111k€116k
Contributions10/11€19k€19k=
Reserves13€92k€97k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€90k€95k
Amounts payable17/49€136k€148k
Amounts payable after more than one year17€115k€106k
Financial debts170/4€115k€106k
Amounts payable within one year42/48€22k€43k
Current portion of amounts payable after more than one year42€9k€9k
Trade debts44€545€13k
Suppliers440/4€545€13k
Taxes, remuneration and social security45€13k€20k
Taxes450/3€13k€20k
Other amounts payable47/48-€180
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k
Other operating charges640/8€2k€2k
Gross operating margin9900€65k€40k
Operating profit (loss)9901€53k€27k
Financial income75/76B€8k€28
Recurring financial income75€8k€28
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€59k€24k
Income taxes67/77€12k€6k
Profit (loss) for the period9904€47k€18k
Profit (loss) for the period to be appropriated9905€47k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€47k€18k
Transfer from equity791/2€96k€13k
Transfer to equity691/2€47k€18k
To other reserves6921€47k€18k
Profit to be distributed694/7€96k€13k
Return on contributions (dividend)694€96k€13k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €54k ▲146%
Operating result €73k, net result €54k, both a record.
31-12
Financial Liquidity doublescurrent ratio 4.14
Current ratio from 1.97 to 4.14; short-term debt falls from €36k to €26k.
31-12
Financial Equity above €150kEq €159k ▲52.1%
6 profitable years in a row build equity to €159k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Equity above €100kEq €105k ▲49.2%
5 profitable years in a row build equity to €105k.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial Weakest financial yearnet €15k ▼19.7%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
17-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
05-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Putte · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sint-Jozefsweg 72580 Putte
Ground area
2,830 m²
Parcel 12429A0113/00S002, Flanders. Linked by address, not a title deed.
1 establishment unit
GM-Automation
Sint-Jozefsweg 7, 2580 PutteInstallation of industrial machinery and equipment
since 20172.265.193.785
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12429A0113/00S002 Flanders 2,830 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,817 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.