Skip to content

GM CONSTRUCT

Active
Private limited company (pre-2019)·Overige gespecialiseerde bouwactiviteiten, neg· 8 yrs active
Ringlaan 15 ·3550 Heusden-Zolder, Belgium
Open bankruptcy
BE 0698.589.149
Watch Print / PDF
Turnover€162k+154.2%
EBIT margin15.3%-14.0pp
Net result€-37k
Working capital€16k-70.9%
Directors2
CSV export

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro
€-50k€0€50k€100k€150kRevenue 2020: €162k€162kOperating result 2020: €25k€25kNet result 2020: €19k€19kOperating result 2021: €-518€-518Net result 2021: €-1k€-1kOperating result 2022: €20k€20kNet result 2022: €15k€15kOperating result 2023: €25k€25kNet result 2023: €17k€17kOperating result 2024: €-36k€-36kNet result 2024: €-37k€-37k20202021202220232024
RevenueOperating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43 — Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 71.2% 39.5%
better than 85% of 2271 sector peers
Net result €-37k €11k
better than 5% of 2264 sector peers
Equity €27k €32k
better than 44% of 2272 sector peers
Gross operating margin €-27k €33k
better than 5% of 2263 sector peers
Staff costs €6k €25k
higher than 32% of 783 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€162k
+154.2% 18–24
EBITDA
€-33k
— 18–24
Net profit
€-37k
— 18–24
Cash flow
€-33k
— 18–24
Total assets
€38k
-62.3% 18–24
Equity
€27k
-58.0% 18–24
Working capital
€16k
-70.9% 18–24
Staff costs
€6k
+92.1% 18–24
Income taxes
€162
-97.8% 18–24
Debt
€11k
-69.9% 18–24
Debt ≤ 1y
€11k
-69.9% 18–24
Current ratio
2.45
-2.1% 18–24
Quick ratio
2.45
-2.1% 18–24
Solvency
71.2%
+11.3% 18–24
Debt / equity
0.40
-28.3% 18–24
ROE
-138.1%
— 18–24
ROA
-98.3%
— 18–24
Net margin
11.8%
-45.1% 18–24
EBITDA margin
15.4%
— 18–24
Interest coverage
-10.00
— 18–24
Figures by fiscal year
Fiscal year2024
Revenue—
EBITDA€-33k
Net profit€-37k
Cash flow€-33k
Staff costs€6k
Income taxes€162
Dividends—
Total assets€38k
Equity€27k
Debt€11k
of which ≤ 1y€11k
of which > 1y—
Working capital€16k
Employees (FTE)—
Ratios (computed)
2024
Current ratio2.45
Quick ratio2.45
Working capital ratio41.6%
Solvency71.2%
Debt / equity0.40
Long-term debt ratio—
Interest coverage-10.00
Gross margin—
Net margin—
ROA-98.3%
ROE-138.1%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€38k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Current assets 29/58€27k
Amounts receivable within one year 40/41€20k
Cash & bank 54/58€5k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€38k
Equity 10/15€27k
Contributions / capital 10/11€1
Reserves 13€64k
Accumulated profits (losses) 14€-37k
Amounts payable 17/49€11k
Amounts payable within one year 42/48€11k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€-27k
Operating result 9901€-36k
Financial income 75€3k
Financial charges 65€3k
Result before taxes 9903€-37k
Income taxes 67/77€162
Net result for the period 9904€-37k
Result to be appropriated 9905€-37k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.