Equity
€322,978 ▲ 19.0%
GM DEVELOPMENT has made a profit without a break since 2021.
GM DEVELOPMENT
Lifetime
17 annual accounts with figures on one time axispeak €168,545 (2022)
€151,811▲ 12.4%
lowest -€407,622 (2015)
€51,622▲ 21.8%
peak €322,978 (2025)
€322,978▲ 19.0%
€398,262▼ 14.8%
Board1 name since 2021
1 directorGeert Moens
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Gross margin from €135,017 to €151,811Equity from €271,356 to €322,978
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 61% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025highest value
06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.96, cash €297,883
Size: total assets €721,240
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 30-04-2026)
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 70, micro). It does better than 42% of them on solvency, 94% on liquidity, 43% on profitability and 66% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as GM DEVELOPMENT has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of GM DEVELOPMENT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 17,811 companies, not a prediction for GM DEVELOPMENT. 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.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.96 (3.5 in 2024), above the usual 1.5. Short-term debt is 10.7% and cash 41.3% of total assets. However, 55.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
16 days late
2023
on the day
2022
17 days late
2021
3 days late
2020
1 day early
2019
29 days late
← 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 9 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
New establishment in Opwijk
Stwg. op Dendermonde 227
Environmental permit refused
Een grond gebruiken, aanleggen of inrichten · Opwijk
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0894092154
Environmental permit refused
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Opwijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GM DEVELOPMENT Aalst | €721,240 | €151,811 | 44.8% | - |
| MARC BOEYKENS Aalst | €648,897 | €159,741 | 80.9% | - |
| CRVB Lochristi | €722,789 | €148,775 | 36.3% | - |
| TRACS Oudenaarde | €774,568 | €165,281 | 85.1% | - |
| DIJCKSCHAU Deinze | €821,927 | €147,582 | 39.6% | - |
| Joccon Deinze | €624,986 | €150,431 | 54.6% | - |
| TREVI PLUS Zottegem | €640,204 | €162,837 | 68.7% | - |
These companies have the same main activity as GM DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €625,000 and €822,000, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 11-12-2007Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment units
- 2.167.344.5419310 Aalst, since 10-12-2007
- 2.365.146.6441745 Opwijk, since 01-08-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 30-08-2023
Annual accounts to 30-09-2025
- €721,240▼ 2.3%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on GM DEVELOPMENT
GM DEVELOPMENT files the micro format. That format states no turnover. The gross margin rose from €43,801 in 2009 to €151,811 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GM DEVELOPMENT
- What is the company number of GM DEVELOPMENT?
- The company number of GM DEVELOPMENT is 0894.092.154. The VAT number is the same number with BE in front: BE 0894.092.154.
- Where is GM DEVELOPMENT based?
- The registered office is at Jan Frans Vonckstraat 1, 9310 Aalst.Company details
- What does GM DEVELOPMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of GM DEVELOPMENT?
- GM DEVELOPMENT is a private limited company (BV).
- When was GM DEVELOPMENT founded?
- GM DEVELOPMENT was founded on 11-12-2007.
- Is GM DEVELOPMENT still active?
- Yes, GM DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of GM DEVELOPMENT?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €151,811 and 109 comparable companies (NACE 70200). It probably lies between €220,000 and €310,000.Financials
- Is GM DEVELOPMENT profitable?
- In financial year 2025, GM DEVELOPMENT made a profit of €51,622.
- Where can I find the annual accounts of GM DEVELOPMENT?
- GM DEVELOPMENT filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GM DEVELOPMENT due?
- GM DEVELOPMENT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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