GML ESTATE
ActiveGML ESTATE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.96M and a net result of €-20k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+19
Solvency56▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850k at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.58 in 2024; short-term debt: 35% and cash: 2% of total assets), and 69% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
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
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
31%
Return on assets
0%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
1 d early
2022
4 d late
2020
89 d late
2019
26 d late
2018
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€13.96M▼ 18.3%
2024 · €17.08M
2018: €10.08M
2019: €12.44M
2020: €11.29M
2022: €15.51M
2023: €14.16M
2024: €17.08M
2018 → 2025
Total assets
€45.01M▲ 6.4%
2024 · €42.29M
2018: €22.35M
2019: €35.63M
2020: €37.59M
2022: €41.64M
2023: €41.05M
2024: €42.29M
2018 → 2025
Net result
€-20k
2024 · €560k
2018: €38k
2019: €1.97M
2020: €20k
2022: €1.57M
2023: €-1.56M
2024: €560k
2018 → 2025
Working capital
€-7.87M▼ 90.5%
2024 · €-4.13M
2018: €-6.93M
2019: €-4.35M
2020: €4.52M
2022: €6.02M
2023: €410k
2024: €-4.13M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€11.29M-€15.51M▲ 37.3%€14.16M▼ 8.7%€17.08M▲ 20.6%€13.96M▼ 18.3%
Operating result€70k-€2.55M▲ 3,569%€-2.85M€-954k▲ 66.6%€319k
Net result€20k-€1.57M▲ 7,632%€-1.56M€560k€-20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €319k after a loss of €954k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45.01M
Fixed assets
€37.13M▲ 1.8%
Current assets
€7.88M▲ 35.3%
Equity and liabilities €45.01M
Equity
€13.96M▼ 18.3%
Provisions
€1.64M▲ 0.6%
Debt
€29.42M▲ 24.7%
The debt ratio rises from 55.8% to 65.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€989k▲
2024 · €-545k
Cash flow
€650k▼
2024 · €970k
Solvency
31.0%▼
2024 · 40.4%
Current ratio
0.50▼
2024 · 0.58
Quick ratio
0.23▼
2024 · 0.41
Debt / equity
2.11▲
2024 · 1.38
ROE
-0.1%▼
2024 · 3.3%
ROA
0.0%▼
2024 · 1.3%
Interest coverage
2.41▲
2024 · -2.17
Debt
€29.42M▲
2024 · €23.58M
Debt ≤ 1 year
€15.75M▲
2024 · €9.96M
Debt > 1 year
€13.67M▲
2024 · €13.63M
Income taxes
€27k▲
2024 · €15k
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€42.29M€45.01M▲
Fixed assets21/28€36.46M€37.13M▲
Intangible fixed assets21€1.74M€1.46M▼
Tangible fixed assets22/27€11.78M€16.37M▲
Land and buildings22€11.77M€16.17M▲
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€0-
Other tangible fixed assets26-€203k
Financial fixed assets28€22.95M€19.30M▼
Current assets29/58€5.82M€7.88M▲
Stocks and contracts in progress3€1.75M€4.28M▲
Stocks30/36€1.75M€4.28M▲
Amounts receivable within one year40/41€3.35M€2.69M▼
Trade receivables40€17k€121k▲
Other amounts receivable41€3.33M€2.57M▼
Cash at bank and in hand54/58€724k€914k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€42.29M€45.01M▲
Equity10/15€17.08M€13.96M▼
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Revaluation surpluses12€11.80M€8.70M▼
Reserves13€3.22M€3.25M▲
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Tax-exempt reserves132€3.12M€3.15M▲
Profit (loss) carried forward14€1.06M€1.01M▼
Provisions and deferred taxes16€1.63M€1.64M▲
Provisions for liabilities and charges160/5€100k€100k=
Major repairs and maintenance162€50k€0▼
Environmental obligations163€50k€100k▲
Deferred taxes168€1.53M€1.54M▲
Amounts payable17/49€23.58M€29.42M▲
Amounts payable after more than one year17€13.63M€13.67M▲
Financial debts170/4€183k€221k▲
Other amounts payable178/9€13.45M€13.45M=
Amounts payable within one year42/48€9.96M€15.75M▲
Current portion of amounts payable after more than one year42€60k€43k▼
Financial debts43€3.93M€10.97M▲
Credit institutions430/8€3.93M€10.97M▲
Trade debts44€70k€295k▲
Suppliers440/4€70k€295k▲
Taxes, remuneration and social security45€30k€54k▲
Taxes450/3€30k€54k▲
Other amounts payable47/48€5.86M€4.39M▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€129k€100k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€409k€670k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€100k▲
Other operating charges640/8€1.23M€43k▼
Gross operating margin9900€683k€1.13M▲
Operating profit (loss)9901€-954k€319k▲
Financial income75/76B€1.75M€108k▼
Recurring financial income75€1.59M€108k▼
Non-recurring financial income76B€164k€236▼
Financial charges65/66B€251k€410k▲
Recurring financial charges65€251k€410k▲
Profit (loss) for the period before taxes9903€549k€17k▼
Transfer from deferred taxes780€26k€18k▼
Transfer to deferred taxes680-€28k
Income taxes67/77€15k€27k▲
Profit (loss) for the period9904€560k€-20k▼
Transfer from tax-exempt reserves789€100k€53k▼
Transfer to tax-exempt reserves689-€83k
Profit (loss) for the period to be appropriated9905€660k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.06M€1.01M▼
Profit (loss) brought forward from the previous period14P€399k€1.06M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (27 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €560k
Net result €560k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-1.56M ▼199%
Net result drops to €-1.56M, the lowest in the series; recovery starts the following year.
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.03
Current ratio from 0.68 to 2.03; short-term debt falls from €13.57M to €4.39M.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
31-12
Financial
Highest result since 2018net €1.97M ▲5125%
Net result €1.97M, the highest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
24 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, Nazareth-De Pinte · 1 establishment unit since 2015
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.
Steenweg Deinze 359810 Nazareth-De PinteGround area
861 m²
Building footprint
167 m²
Parcel 44048H0389/00W007, Flanders. Linked by address, not a title deed.
1 establishment unit
GML Estate
since 20152.247.959.162
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0389/00W007 | Flanders | 861 m² | 1 · 167 m² | - |
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 82,570 companies in sector 70200 we hold annual accounts for 52,573. 5,334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-09-1990
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
41001General construction of residential buildings
64200Holdings
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68110Buying and selling of own real estate
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.gml-estate.com
E-mail:info@gml-estate.com