Subsidiaries and holdings
- Solbus100%
GM Logistics Parks
ActiveSummary
GM Logistics Parks has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50.6m and a net result of €11.9m, of which €10.4m non-recurring income. Equity has been growing by about 28% per year since 2022. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 30-11-2021 Normal situation
- Registered office
- 139 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.338.340.693 1040 Etterbeek, since 30-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 29-10-2025
Board and ownership
Board
- PRODIT BVDirector · since 25-11-2021
- Wail KodoudDirector · since 03-06-2024
- ARDEFDirector · since 21-03-2025 · permanent representative Arthur De Four
Shareholders
- PEC Holdings S.à.r.l.consolidatesannual accounts 2025
- Holdings
- Shares in 13 companies including BAMBUS and MG Lux One S.à.r.l
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- -€132,243
- ▲ 11.3%
- Profit
- €11.9m
- ▲ 13×
- Equity
- €50.6m
- ▲ 86.9%
- Total assets
- €255.6m
- ▲ 25.7%
Net result +1,205%: other schema
Score breakdownraises riskLiquidity: current ratio 24.69, cash €1.4mFounded in 2021lowers riskSize: total assets €255.6mNo main activity registeredShow the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of large companies without a NACE code
Financial strength · tick: 2024
Average
Solvency
45+7
equity 19.8% of total assets
Liquidity
51-1
short-term debt 0.0% · cash 0.5%
Profitability
49+10
return on assets 4.6%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025highest value
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €4,600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 24.69 (5.15 in 2024), above the usual 1.5. Short-term debt is 0% and cash 0.5% of total assets. However, 80.2% of the assets are financed with debt and provisions.
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 (no NACE code, large). It does better than 13% of them on solvency, 64% on liquidity, 79% on profitability and 93% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 days early
2024
15 days early
2023
33 days early
2022
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 4 accounts on average 27 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed 1 director appointed, 1 director resigningResignation: PwC Bedrijfsrevisoren Réviseurs d'Entreprises BV/SRL (statutory auditor) · Appointment: PwC Bedrijfsrevisoren Réviseurs d'Entreprises BV/SRL (statutory auditor) · Permanent representative: Didier Matriche
- · Gazette deed Capital increase of €11,650,000 to €74,300,000
- · Gazette deed Resignation: PiVaPo BV (class A director)Appointment: ARDEF BV (class A director)
Companies linked to GM Logistics Parks
Key facts about GM Logistics Parks
- What is the company number of GM Logistics Parks?
- The company number of GM Logistics Parks is 0777.858.242. The VAT number is the same number with BE in front: BE 0777.858.242.
- Where is GM Logistics Parks based?
- The registered office is at Belliardstraat 40, 1040 Etterbeek.Company details
- What is the legal form of GM Logistics Parks?
- The legal form of GM Logistics Parks is Public limited company (NV).
- When was GM Logistics Parks founded?
- GM Logistics Parks was founded on 30-11-2021.
- Is GM Logistics Parks still active?
- Yes, GM Logistics Parks is an active enterprise in the KBO register.
- What is the turnover of GM Logistics Parks?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is GM Logistics Parks profitable?
- In financial year 2025, GM Logistics Parks made a profit of €11.9m.
- Where can I find the annual accounts of GM Logistics Parks?
- GM Logistics Parks filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GM Logistics Parks due?
- GM Logistics Parks must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.