GM PRO
ActiveSummary
The computed 12-month bankruptcy probability of GM PRO is 2.1% (moderate). For GM PRO, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €71,740 and a net result of €15,175. Equity is growing by ~15.3% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability84▲+9
Solvency82▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
56.8%
Return on assets
12%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-09-2023, 59 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
59 d late
2021
61 d late
2020
97 d late
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 83 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€71,740▲ 26.8%
2021 · €56,565
Total assets
€126,240▲ 29.2%
2021 · €97,680
Net result
€15,175▲ 227%
2021 · €4,638
Working capital
€70,973▲ 28.2%
2021 · €55,359
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€3,673--€20,314€29,160€4,581▼ 84.3%€19,536▲ 326%
Net result€1,890--€20,197€28,191€4,638▼ 83.5%€15,175▲ 227%
Equity€43,933-€23,736▼ 46.0%€51,927▲ 119%€56,565▲ 8.9%€71,740▲ 26.8%
Total assets€90,085-€128,535▲ 42.7%€78,383▼ 39.0%€97,680▲ 24.6%€126,240▲ 29.2%
Debt€46,152-€104,799▲ 127%€26,457▼ 74.8%€41,115▲ 55.4%€54,500▲ 32.6%
Working capital€39,289-€18,552▼ 52.8%€48,913▲ 164%€55,359▲ 13.2%€70,973▲ 28.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 326% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €126,240
Fixed assets
€767 ▼ 36.4%
Current assets
€125,473 ▲ 30.1%
Equity and liabilities €126,240
Equity
€71,740 ▲ 26.8%
Debt
€54,500 ▲ 32.6%
Debt's share of the balance-sheet total rises from 42.1% to 43.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,805▲
2021 · €6,389
Cash flow
€25,444▲
2021 · €6,446
Current ratio
2.30▼
2021 · 2.35
Debt to equity
0.76▲
2021 · 0.73
ROE
21.2%▲
2021 · 8.2%
ROA
12.0%▲
2021 · 4.7%
Interest coverage
15.40▲
2021 · 8.39
Debt ≤ 1 year
€54,500▲
2021 · €41,115
Income taxes
€7,011▲
2021 · €2,646
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,258 | €6,217 | €6,349 | €1,808 | €10,268 | ▲ 468% |
| Other operating charges640/8 | - | - | - | €1,401 | €3,627 | ▲ 159% |
| Gross operating margin9900 | €12,433 | -€12,064 | €37,477 | €7,790 | €33,432 | ▲ 329% |
| Operating profit (loss)9901 | €3,673 | -€20,314 | €29,160 | €4,581 | €19,536 | ▲ 326% |
| Financial income75/76B | - | - | - | €3,464 | €4,585 | ▲ 32.4% |
| Recurring financial income75 | €801 | €1,450 | €3,560 | €3,464 | €4,585 | ▲ 32.4% |
| Financial charges65/66B | - | - | - | €761 | €1,936 | ▲ 154% |
| Recurring financial charges65 | €1,310 | €1,113 | €1,051 | €761 | €1,936 | ▲ 154% |
| Profit (loss) for the period before taxes9903 | €3,164 | -€19,978 | €31,669 | €7,284 | €22,186 | ▲ 205% |
| Income taxes67/77 | €1,274 | €219 | €3,479 | €2,646 | €7,011 | ▲ 165% |
| Profit (loss) for the period9904 | €1,890 | -€20,197 | €28,191 | €4,638 | €15,175 | ▲ 227% |
| Profit (loss) for the period to be appropriated9905 | €1,890 | -€20,197 | €28,191 | €4,638 | €15,175 | ▲ 227% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90,085 | €128,535 | €78,383 | €97,680 | €126,240 | ▲ 29.2% |
| Fixed assets21/28 | €10,156 | €6,816 | €3,013 | €1,206 | €767 | ▼ 36.4% |
| Tangible fixed assets22/27 | €10,156 | €6,816 | €3,013 | €1,206 | €767 | ▼ 36.4% |
| Plant, machinery and equipment23 | - | - | - | €574 | €535 | ▼ 6.7% |
| Furniture and vehicles24 | - | - | - | €632 | €232 | ▼ 63.3% |
| Current assets29/58 | €79,929 | €121,720 | €75,370 | €96,474 | €125,473 | ▲ 30.1% |
| Amounts receivable within one year40/41 | €77,256 | €117,915 | €69,449 | €94,929 | €110,760 | ▲ 16.7% |
| Trade receivables40 | - | - | - | €34,299 | €34,411 | ▲ 0.3% |
| Other amounts receivable41 | - | - | - | €60,630 | €76,349 | ▲ 25.9% |
| Cash at bank and in hand54/58 | €2,029 | €2,399 | €5,347 | €745 | €14,177 | ▲ 1,804% |
| Deferred charges and accrued income490/1 | - | - | - | €801 | €536 | ▼ 33.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90,085 | €128,535 | €78,383 | €97,680 | €126,240 | ▲ 29.2% |
| Equity10/15 | €43,933 | €23,736 | €51,927 | €56,565 | €71,740 | ▲ 26.8% |
| Contributions10/11 | €1 | €1 | - | €1 | €1 | = |
| Reserves13 | €20,223 | €20,223 | €20,223 | €20,223 | €20,223 | = |
| Non-distributable reserves130/1 | - | - | - | €20,223 | €20,223 | = |
| Reserves not available under the articles1311 | - | - | - | €20,223 | €20,223 | = |
| Profit (loss) carried forward14 | €23,709 | €3,512 | €31,703 | €36,341 | €51,516 | ▲ 41.8% |
| Amounts payable17/49 | €46,152 | €104,799 | €26,457 | €41,115 | €54,500 | ▲ 32.6% |
| Amounts payable after more than one year17 | €5,512 | €1,632 | - | - | - | - |
| Amounts payable within one year42/48 | €40,640 | €103,168 | €26,457 | €41,115 | €54,500 | ▲ 32.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1,400 | - |
| Trade debts44 | €34,557 | €97,794 | €20,085 | €34,991 | €43,443 | ▲ 24.2% |
| Suppliers440/4 | - | - | - | €34,991 | €43,443 | ▲ 24.2% |
| Taxes, remuneration and social security45 | - | - | - | €6,125 | €9,657 | ▲ 57.7% |
| Taxes450/3 | - | - | - | €6,125 | €9,657 | ▲ 57.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,890 | -€20,197 | €28,191 | €4,638 | €15,175 | ▲ 227% |
| + Depreciation and write-downs630 | €5,258 | €6,217 | €6,349 | €1,808 | €10,268 | ▲ 468% |
| Operating cash flow (approximation) | €7,148 | -€13,980 | €34,539 | €6,446 | €25,444 | ▲ 295% |
| Investment in fixed assets (approximation) | - | -€2,877 | -€2,546 | €0 | -€9,830 | - |
| Change in cash | - | €370 | €2,949 | -€4,603 | €13,432 | ▲ 392% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 97 days late
2020
31-12
Financial
Back to profitnet €28,191
Net result €28,191 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.85
Current ratio from 1.18 to 2.85; short-term debt falls from €103,168 to €26,457.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-12
Financial
Weakest financial yearnet -€20,197
Net result drops to -€20,197, the lowest in the series; recovery starts the following year.
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 77 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
02-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 33 days late
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Asse · 1 establishment unit since 2014
Ground area
467 m²
Building footprint
112 m²
Volume, LiDAR
665 m³
Parcel 23095C0193/00A009, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GM PRO
since 20142.228.538.376
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095C0193/00A009 | Flanders | 467 m² | 1 · 111 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-03-2014
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0548816003
Also
9925:BE0548816003
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.