GMI-Elec
ActiveGMI-Elec has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €14k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 22% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+13
Solvency45▼-29
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.91 in 2024; short-term debt: 79.7% and cash: 64.1% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.3%
Return on assets
31.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9450 sector peers (2025).
NBB · sector comparisonPosition among 9450 sector peers
Solvency
better than 22%
← weakest
strongest →
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 30-03-2026, 123 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
123 d early
2024
49 d early
2023
12 d early
2022
31 d early
2021
4 d early
2020
30 d late
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 37.2%
2024 · €15k
2019: €8k
2020: €18k
2021: €17k
2022: €18k
2023: €14k
2024: €15k
2019 → 2025
Total assets
€45k▲ 50.4%
2024 · €30k
2019: €17k
2020: €38k
2021: €31k
2022: €27k
2023: €33k
2024: €30k
2019 → 2025
Net result
€14k▲ 231%
2024 · €4k
2019: €7k
2020: €10k
2021: €-1k
2022: €764
2023: €12k
2024: €4k
2019 → 2025
Working capital
€9k▼ 36.1%
2024 · €14k
2019: €7k
2020: €9k
2021: €10k
2022: €15k
2023: €13k
2024: €14k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€18k▲ 4.6%€14k▼ 17.7%€15k▲ 0.6%€9k▼ 37.2%
Operating result€-184-€2k€16k▲ 675%€7k▼ 58.1%€19k▲ 182%
Net result€-1k-€764€12k▲ 1,458%€4k▼ 63.9%€14k▲ 231%
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 2025; 2025 is 182% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€234▼ 61.9%
Current assets
€45k▲ 52.7%
Equity and liabilities €45k
Equity
€9k▼ 37.2%
Debt
€36k▲ 133%
The debt ratio rises from 51.4% to 79.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▲
2024 · €7k
Cash flow
€15k▲
2024 · €5k
Solvency
20.3%▼
2024 · 48.6%
Current ratio
1.25▼
2024 · 1.91
Quick ratio
1.25▼
2024 · 1.91
Debt / equity
3.93▲
2024 · 1.06
ROE
155.8%▲
2024 · 29.6%
ROA
31.6%▲
2024 · 14.4%
Interest coverage
146.27▲
2024 · 38.74
Debt
€36k▲
2024 · €15k
Debt ≤ 1 year
€36k▲
2024 · €15k
Income taxes
€5k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€30k€45k▲
Fixed assets21/28€614€234▼
Tangible fixed assets22/27€614€234▼
Furniture and vehicles24€614€234▼
Current assets29/58€29k€45k▲
Amounts receivable within one year40/41€10k€13k▲
Trade receivables40€8k€13k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€19k€29k▲
Deferred charges and accrued income490/1€662€3k▲
Equity and liabilities
Total equity and liabilities10/49€30k€45k▲
Equity10/15€15k€9k▼
Contributions10/11€110€110=
Reserves13€14k€9k▼
Distributable reserves133€14k€9k▼
Profit (loss) carried forward14€405-
Amounts payable17/49€15k€36k▲
Amounts payable within one year42/48€15k€36k▲
Trade debts44€437-
Suppliers440/4€437-
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€7k€15k▲
Taxes450/3€5k€12k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€7k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380€380=
Other operating charges640/8€891€746▼
Gross operating margin9900€8k€20k▲
Operating profit (loss)9901€7k€19k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€185€133▼
Recurring financial charges65€185€133▼
Profit (loss) for the period before taxes9903€7k€19k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€4k€14k▲
Profit (loss) for the period to be appropriated9905€4k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€15k▲
Profit (loss) brought forward from the previous period14P€314€405▲
Transfer from equity791/2-€5k
Profit to be distributed694/7€4k€20k▲
Return on contributions (dividend)694€4k€20k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €14k ▲231%
Operating result €19k, net result €14k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €764
Net result €764 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-1k ▼110%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
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, Schaarbeek · 1 establishment unit since 2019
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.
Auguste Reyerslaan 511030 SchaarbeekGround area
301 m²
Building footprint
98 m²
Volume, LiDAR
2,291 m³
Parcel 21905C0095/00W007, Brussels · tallest building 26.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
GMI-Elec
since 20192.285.404.429
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0095/00W007 | Brussels | 301 m² | 1 · 98 m² | 26.9 m · 8 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.
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Of 2,145 companies in sector 71209 we hold annual accounts for 1,085. 451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded04-02-2019
Fiscal year end31-12
Activities, NACEBEL
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.