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GMB SERVICES

Active
Private limited companyfounded 200818 yrs activeHeuvelstraat 40, 3950 Bocholt, BelgiumKBO/BCE: BE 0896.074.518

GMB SERVICES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €20k. Equity is growing by ~86.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 2438 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
82 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-7
Solvency62▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 2.61 in 2023; short-term debt: 27% and cash: 59.9% of total assets), but 63.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
36.9%
Return on assets
19.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
37 d early
2023
16 d early
2022
24 d early
2021
25 d early
2020
30 d early
2019
15 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
€39k▲ 108%
2023 · €19k
2018: €-69k 2019: €-53k 2020: €20k 2021: €14k 2022: €-12k 2023: €19k
2018 → 2024
Total assets
€105k▼ 15.5%
2023 · €124k
2018: €79k 2019: €95k 2020: €131k 2021: €124k 2022: €73k 2023: €124k
2018 → 2024
Net result
€20k▼ 34.7%
2023 · €31k
2018: €-47k 2019: €17k 2020: €73k 2021: €-6k 2022: €-27k 2023: €31k
2018 → 2024
Working capital
€73k▼ 3.3%
2023 · €76k
2018: €12k 2019: €22k 2020: €79k 2021: €70k 2022: €44k 2023: €76k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€20k-€14k▼ 28.8%€-12k€19k€39k▲ 108%
Operating result€75k-€-4k€-24k▼ 549%€36k€28k▼ 22.5%
Net result€73k-€-6k€-27k▼ 354%€31k€20k▼ 34.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50kOperating result 2020: €75k€75kNet result 2020: €73k€73kOperating result 2021: €-4k€-4kNet result 2021: €-6k€-6kOperating result 2022: €-24k€-24kNet result 2022: €-27k€-27kOperating result 2023: €36k€36kNet result 2023: €31k€31kOperating result 2024: €28k€28kNet result 2024: €20k€20k20202021202220232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €105k
Fixed assets €3k▲ 168%
Current assets €101k▼ 17.3%
Equity and liabilities €105k
Equity €39k▲ 108%
Debt €66k▼ 37.3%
The debt ratio falls from 85.0% to 63.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€29k
2023 · €37k
Cash flow
€21k
2023 · €32k
Solvency
36.9%
2023 · 15.0%
Current ratio
3.59
2023 · 2.61
Quick ratio
3.44
2023 · 2.52
Debt / equity
1.71
2023 · 5.67
ROE
51.9%
2023 · 165.0%
ROA
19.1%
2023 · 24.7%
Interest coverage
12.77
2023 · 8.33
Debt
€66k
2023 · €105k
Debt ≤ 1 year
€28k
2023 · €47k
Debt > 1 year
€38k
2023 · €58k
Income taxes
€6k
2023 · €1k
Staff costs
€82k
2023 · €72k
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€124k€105k
Fixed assets21/28€1k€3k
Tangible fixed assets22/27€1k€3k
Plant, machinery and equipment23€606€3k
Furniture and vehicles24€430€10
Other tangible fixed assets26€170€15
Current assets29/58€123k€101k
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€68k€28k
Trade receivables40€60k€22k
Other amounts receivable41€7k€6k
Cash at bank and in hand54/58€46k€63k
Deferred charges and accrued income490/1€5k€6k
Equity and liabilities
Total equity and liabilities10/49€124k€105k
Equity10/15€19k€39k
Contributions10/11€6k€6k=
Reserves13€12k€32k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€12k€32k
Profit (loss) carried forward14€0-
Amounts payable17/49€105k€66k
Amounts payable after more than one year17€58k€38k
Other amounts payable178/9€58k€38k
Amounts payable within one year42/48€47k€28k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€10k€12k
Suppliers440/4€10k€12k
Advances received on contracts in progress46€16k€0
Taxes, remuneration and social security45€18k€16k
Taxes450/3€8k€4k
Remuneration and social security454/9€10k€12k
Other amounts payable47/48€3k€0
Income statement Code20232024
Remuneration, social security and pensions62€72k€82k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k
Other operating charges640/8€2k€3k
Non-recurring operating charges66A€2k€0
Gross operating margin9900€113k€115k
Operating profit (loss)9901€36k€28k
Financial income75/76B€465€317
Recurring financial income75€465€317
Financial charges65/66B€4k€2k
Recurring financial charges65€4k€2k
Profit (loss) for the period before taxes9903€32k€26k
Income taxes67/77€1k€6k
Profit (loss) for the period9904€31k€20k
Profit (loss) for the period to be appropriated9905€31k€20k
Appropriation of the result
Profit (loss) to be appropriated9906€11k€20k
Profit (loss) brought forward from the previous period14P€-20k€0
Transfer to equity691/2€11k€20k
To other reserves6921€11k€20k

The notes to these accounts (6 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
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €31k
Net result €31k after 2 loss-making years.
07-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €73k ▲340%
Operating result €75k, net result €73k, both a record.
31-12
Financial Liquidity doublescurrent ratio 2.77
Current ratio from 1.33 to 2.77; short-term debt falls from €66k to €45k.
16-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
16-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Bocholt · 1 establishment unit since 2008
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.

Heuvelstraat 403950 Bocholt
Ground area
498 m²
Building footprint
161 m²
Volume, LiDAR
710 m³
Parcel 72003C0204/00E000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GMB SERVICES
Heuvelstraat 40, 3950 BocholtManufacture of rubber and plastic products
since 20082.169.453.005
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72003C0204/00E000 Flanders 498 m² 1 · 161 m² 8.0 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 309 EUR awarded · 271 EUR paid
Year Entries awardedpaid
2025 1 0 EUR271 EUR
2024 1 309 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 309 EUR · 271 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,334 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-02-2008
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
25120Manufacture of fabricated metal products, except machinery and equipment
43350Other building finishing work
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.