Summary
GM Solutions is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €592,707 and a net result of €40,994. Equity is growing by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 5585 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
15 d early
2024
49 d early
2023
50 d early
2022
55 d early
2021
56 d early
2020
55 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 12 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€592,707▲ 7.4%
2024 · €551,713
Net result
€40,994▼ 44.2%
2024 · €73,437
Total assets
€613,078▼ 3.0%
2024 · €632,273
Solvency
96.7%▲ 9.4pp
2024 · 87.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€88,417▲ 26.6%€86,674▼ 2.0%€92,711▲ 7.0%-€4,153-€7,656▼ 84.3%
Net result€60,828within the sector's middle half▲ 41.7%€59,037within the sector's middle half▼ 2.9%€194,678above the sector's middle half▲ 230%€73,437within the sector's middle half▼ 62.3%€40,994within the sector's middle half▼ 44.2%
Equity€224,561within the sector's middle half▲ 37.2%€283,598within the sector's middle half▲ 26.3%€478,276above the sector's middle half▲ 68.6%€551,713above the sector's middle half▲ 15.4%€592,707within the sector's middle half▲ 7.4%
Total assets€680,245within the sector's middle half▲ 15.8%€670,338within the sector's middle half▼ 1.5%€624,628within the sector's middle half▼ 6.8%€632,273within the sector's middle half▲ 1.2%€613,078within the sector's middle half▼ 3.0%
Debt€455,684▲ 7.6%€386,741▼ 15.1%€146,352▼ 62.2%€80,560▼ 45.0%€20,371▼ 74.7%
Working capital-€37,999below the sector's middle half▲ 70.3%-€143,554below the sector's middle half▼ 278%€14,602within the sector's middle half€28,979within the sector's middle half▲ 98.5%€48,621within the sector's middle half▲ 67.8%
Solvency33.0%within the sector's middle half▲ 5.1pp42.3%within the sector's middle half▲ 9.3pp76.6%within the sector's middle half▲ 34.3pp87.3%above the sector's middle half▲ 10.7pp96.7%above the sector's middle half▲ 9.4pp
Current ratio0.78within the sector's middle half▲ 0.530.21below the sector's middle half▼ 0.571.22within the sector's middle half▲ 1.011.49within the sector's middle half▲ 0.273.39above the sector's middle half▲ 1.90
Return on assets (ROA)8.9%within the sector's middle half▲ 1.6pp8.8%within the sector's middle half▼ 0.1pp31.2%above the sector's middle half▲ 22.4pp11.6%within the sector's middle half▼ 19.6pp6.7%within the sector's middle half▼ 4.9pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,656 in 2025 against €4,153 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €613,078
Fixed assets
€544,086 =
Current assets
€68,992 ▼ 21.8%
Equity and liabilities €613,078
Equity
€592,707 ▲ 7.4%
Debt
€20,371 ▼ 74.7%
Debt's share of the balance-sheet total falls from 12.7% to 3.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
6.9%▼
2024 · 13.3%
Debt ≤ 1 year
€20,371▼
2024 · €59,208
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €249 | €6,867 | - | - | - | - |
| Other operating charges640/8 | - | €204 | €1,018 | €446 | €387 | ▼ 13.2% |
| Gross operating margin9900 | €90,406 | €93,744 | €93,729 | -€3,707 | -€7,269 | ▼ 96.1% |
| Operating profit (loss)9901 | €88,417 | €86,674 | €92,711 | -€4,153 | -€7,656 | ▼ 84.3% |
| Financial income75/76B | - | €164 | €131,386 | €79,228 | €49,462 | ▼ 37.6% |
| Recurring financial income75 | €108 | €164 | €118,795 | €79,228 | €49,462 | ▼ 37.6% |
| Non-recurring financial income76B | - | - | €12,591 | - | - | - |
| Financial charges65/66B | - | €5,987 | €3,378 | €1,637 | €812 | ▼ 50.4% |
| Recurring financial charges65 | €5,750 | €5,592 | €3,070 | €1,637 | €812 | ▼ 50.4% |
| Non-recurring financial charges66B | - | €394 | €308 | - | - | - |
| Profit (loss) for the period before taxes9903 | €82,383 | €80,852 | €220,719 | €73,437 | €40,994 | ▼ 44.2% |
| Income taxes67/77 | €21,555 | €21,815 | €26,041 | - | - | - |
| Profit (loss) for the period9904 | €60,828 | €59,037 | €194,678 | €73,437 | €40,994 | ▼ 44.2% |
| Profit (loss) for the period to be appropriated9905 | €60,828 | €59,037 | €194,678 | €73,437 | €40,994 | ▼ 44.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €680,245 | €670,338 | €624,628 | €632,273 | €613,078 | ▼ 3.0% |
| Fixed assets21/28 | €548,901 | €632,216 | €544,086 | €544,086 | €544,086 | = |
| Tangible fixed assets22/27 | €4,815 | €88,130 | - | - | - | - |
| Furniture and vehicles24 | - | €88,130 | - | - | - | - |
| Financial fixed assets28 | €544,086 | €544,086 | €544,086 | €544,086 | €544,086 | = |
| Current assets29/58 | €131,343 | €38,123 | €80,542 | €88,187 | €68,992 | ▼ 21.8% |
| Amounts receivable within one year40/41 | €18,100 | €12,100 | €40,000 | €60,142 | €49,725 | ▼ 17.3% |
| Trade receivables40 | - | €12,100 | - | - | - | - |
| Other amounts receivable41 | - | - | €40,000 | €60,142 | €49,725 | ▼ 17.3% |
| Cash at bank and in hand54/58 | €113,243 | €24,822 | €40,542 | €28,045 | €19,056 | ▼ 32.1% |
| Deferred charges and accrued income490/1 | - | €1,201 | - | - | €212 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €680,245 | €670,338 | €624,628 | €632,273 | €613,078 | ▼ 3.0% |
| Equity10/15 | €224,561 | €283,598 | €478,276 | €551,713 | €592,707 | ▲ 7.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €124,561 | €183,598 | €378,276 | €451,713 | €492,707 | ▲ 9.1% |
| Non-distributable reserves130/1 | - | €10,000 | €10,000 | - | - | - |
| Reserves not available under the articles1311 | - | €10,000 | €10,000 | - | - | - |
| Distributable reserves133 | - | €173,598 | €368,276 | €451,713 | €492,707 | ▲ 9.1% |
| Amounts payable17/49 | €455,684 | €386,741 | €146,352 | €80,560 | €20,371 | ▼ 74.7% |
| Amounts payable after more than one year17 | €284,842 | €203,564 | €78,912 | €19,852 | - | - |
| Financial debts170/4 | - | €203,564 | €78,912 | €19,852 | - | - |
| Amounts payable within one year42/48 | €169,342 | €181,677 | €65,940 | €59,208 | €20,371 | ▼ 65.6% |
| Current portion of amounts payable after more than one year42 | - | €70,043 | €58,327 | €59,060 | - | - |
| Financial debts43 | - | - | - | - | €19,852 | - |
| Credit institutions430/8 | - | - | - | - | €19,852 | - |
| Trade debts44 | €62 | €1,318 | €63 | €148 | €374 | ▲ 152% |
| Suppliers440/4 | - | €1,318 | €63 | €148 | €374 | ▲ 152% |
| Taxes, remuneration and social security45 | - | €25,877 | €7,551 | - | €146 | - |
| Taxes450/3 | - | €25,877 | €7,551 | - | €146 | - |
| Other amounts payable47/48 | - | €84,439 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,500 | €1,500 | €1,500 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,828 | €59,037 | €194,678 | €73,437 | €40,994 | ▼ 44.2% |
| + Depreciation and write-downs630 | €249 | €6,867 | - | - | - | - |
| Operating cash flow (approximation) | €61,077 | €65,903 | €194,678 | €73,437 | €40,994 | ▼ 44.2% |
| Investment in fixed assets (approximation) | - | -€90,181 | €88,130 | €0 | €0 | - |
| Change in cash | - | -€88,421 | €15,720 | -€12,497 | -€8,989 | ▲ 28.1% |
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
Next filing, fiscal year 2026, expected by
2026
16-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Liquidity doublescurrent ratio 3.39
Current ratio from 1.49 to 3.39; short-term debt falls from €59,208 to €20,371.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Equity above €500,000Eq €551,713 ▲15.4%
6 profitable years in a row build equity to €551,713.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €194,678 ▲230%
Operating result €92,711, net result €194,678, both a record.
30-06
Financial
Liquidity times 6current ratio 1.22
Current ratio from 0.21 to 1.22; short-term debt falls from €181,677 to €65,940.
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €200,000Eq €224,561 ▲37.2%
3 profitable years in a row build equity to €224,561.
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Equity above €150,000Eq €163,733 ▲35.5%
2 profitable years in a row build equity to €163,733.
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Lummen · 1 establishment unit since 2018
Ground area
1,137 m²
Building footprint
639 m²
Volume, LiDAR
2,763 m³
Parcel 71037A2073/00X000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
GM Solutions
since 20182.278.978.673
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037A2073/00X000 | Flanders | 1,137 m² | 1 · 639 m² | 8.5 m · 1 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
98.92%
According to the annual accounts to 30-06-2025 of GM Solutions and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
ORAN
BE 0645.836.589
Brugge · Eq €592,817
Geenen & Dochters
BE 0535.760.890
Retie · Eq €592,591
Marien An
BE 0844.290.473
Tessenderlo-Ham · Eq €592,930
VIJVERIMMO
BE 0833.242.767
Sint-Niklaas · Eq €592,169
MAAILO
BE 0578.858.683
Oostende · Eq €593,393
Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-08-2018
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0701906846
Also
9925:BE0701906846
Registered
26-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.