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GM2C

Active
Private limited companyfounded 20179 yrs activeSchapenstraat 138, 1750 Lennik, BelgiumKBO/BCE: BE 0673.671.334

GM2C has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €212k and a net result of €47k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
90 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 6.0 against 11.89 in 2023; short-term debt: 12.8% and cash: 21.4% of total assets), and 13.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
56 d late
2023
5 d early
2022
17 d late
2021
3 d early
2020
43 d early
2019
46 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€212k▲ 12.7%
2023 · €188k
2018: €29k 2019: €35k 2020: €71k 2021: €113k 2022: €160k 2023: €188k
2018 → 2024
Total assets
€246k▲ 21.8%
2023 · €202k
2018: €75k 2019: €82k 2020: €114k 2021: €162k 2022: €204k 2023: €202k
2018 → 2024
Net result
€47k▲ 16.3%
2023 · €40k
2018: €17k 2019: €6k 2020: €36k 2021: €42k 2022: €47k 2023: €40k
2018 → 2024
Working capital
€157k▲ 2.6%
2023 · €153k
2018: €26k 2019: €30k 2020: €62k 2021: €93k 2022: €141k 2023: €153k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€71k-€113k▲ 59.4%€160k▲ 42.0%€188k▲ 17.3%€212k▲ 12.7%
Operating result€50k-€64k▲ 26.5%€78k▲ 21.7%€45k▼ 42.2%€67k▲ 48.5%
Net result€36k-€42k▲ 18.0%€47k▲ 12.7%€40k▼ 15.4%€47k▲ 16.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €50k€50kNet result 2020: €36k€36kOperating result 2021: €64k€64kNet result 2021: €42k€42kOperating result 2022: €78k€78kNet result 2022: €47k€47kOperating result 2023: €45k€45kNet result 2023: €40k€40kOperating result 2024: €67k€67kNet result 2024: €47k€47k20202021202220232024
The operating result recovers in 2024; 2024 is 49% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €246k
Fixed assets €57k▲ 65.3%
Current assets €189k▲ 12.7%
Equity and liabilities €246k
Equity €212k▲ 12.7%
Debt €34k▲ 143%
The debt ratio rises from 7.0% to 13.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€76k
2023 · €53k
Cash flow
€56k
2023 · €48k
Solvency
86.1%
2023 · 93.0%
Current ratio
6.00
2023 · 11.89
Quick ratio
6.00
2023 · 11.89
Debt / equity
0.16
2023 · 0.08
ROE
22.0%
2023 · 21.3%
ROA
18.9%
2023 · 19.8%
Interest coverage
46.95
2023 · 38.17
Debt
€34k
2023 · €14k
Debt ≤ 1 year
€31k
2023 · €14k
Income taxes
€19k
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€202k€246k
Formation expenses20€0€0=
Fixed assets21/28€35k€57k
Tangible fixed assets22/27€35k€57k
Land and buildings22€7k€7k
Plant, machinery and equipment23€881€881=
Furniture and vehicles24€1k€27k
Other tangible fixed assets26€26k€23k
Current assets29/58€167k€189k
Amounts receivable within one year40/41€49k€34k
Trade receivables40€35k€34k
Other amounts receivable41€14k€28
Current investments50/53€80k€80k
Cash at bank and in hand54/58€10k€53k
Deferred charges and accrued income490/1€28k€22k
Equity and liabilities
Total equity and liabilities10/49€202k€246k
Equity10/15€188k€212k
Reserves13€188k€212k
Distributable reserves133€188k€212k
Amounts payable17/49€14k€34k
Amounts payable within one year42/48€14k€31k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€11k€23k
Taxes450/3€11k€23k
Other amounts payable47/48-€4k
Accrued charges and deferred income492/3€50€3k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k
Other operating charges640/8€2k€1k
Gross operating margin9900€55k€77k
Operating profit (loss)9901€45k€67k
Financial income75/76B€11k€149
Recurring financial income75€11k€149
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€54k€65k
Income taxes67/77€14k€19k
Profit (loss) for the period9904€40k€47k
Profit (loss) for the period to be appropriated9905€40k€47k
Appropriation of the result
Profit (loss) to be appropriated9906€40k€47k
Transfer from equity791/2-€23k
Transfer to equity691/2€40k€47k
To other reserves6921€40k€47k
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
25-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial Equity above €200kEq €212k ▲12.7%
7 profitable years in a row build equity to €212k.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity triplescurrent ratio 11.89
Current ratio from 4.24 to 11.89; short-term debt falls from €43k to €14k.
17-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial Highest result since 2018net €47k ▲12.7%
Operating result €78k, net result €47k, both a record.
31-12
Financial Equity above €150kEq €160k ▲42%
5 profitable years in a row build equity to €160k.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €113k ▲59.4%
4 profitable years in a row build equity to €113k.
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €6k ▼64.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
12-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Lennik · 1 establishment unit since 2017
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Schapenstraat 1381750 Lennik
Ground area
3,926 m²
Building footprint
229 m²
Volume, LiDAR
1,381 m³
Parcel 23075B0104/00Y000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GM²C
Schapenstraat 138, 1750 LennikRaising of horses and other equines
since 20172.263.525.286
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23075B0104/00Y000 Flanders 3,926 m² 1 · 229 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Lennik2.263.525.286
1 permission
Boerderij - schapen en geiten · since 01-01-2018

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 39,604 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-03-2017
Fiscal year end31-12
Abbreviation NL GM²C
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
01430Raising of horses and other equines
01450Raising of sheep and goats
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.