GML IMMO
ActiveSummary
GML IMMO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €91,519. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210,000 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 1.94 in 2024; short-term debt: 1.9% and cash: 6.3% of total assets), and 2.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
97.3%
Return on assets
3.1%
Age of the figures
9 mo
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 05-06-2026, 56 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
56 d early
2024
on the day
2023
31 d early
2022
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 15 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€91,519▲ 5.2%
2024 · €86,958
Working capital
€142,373▲ 121%
2024 · €64,448
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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
Line2022202320242025
Operating result€156,423-€111,820▼ 28.5%€129,707▲ 16.0%€136,690▲ 5.4%
Net result€116,368above the sector's middle half-€74,244above the sector's middle half▼ 36.2%€86,958above the sector's middle half▲ 17.1%€91,519within the sector's middle half▲ 5.2%
Equity€2.6mabove the sector's middle half-€2.7mabove the sector's middle half▲ 2.8%€2.8mabove the sector's middle half▲ 3.2%€2.9mwithin the sector's middle half▲ 1.7%
Total assets€2.9mabove the sector's middle half-€2.9mabove the sector's middle half▼ 1.9%€2.9mabove the sector's middle half▲ 0.9%€2.9mwithin the sector's middle half▲ 1.3%
Debt€279,684-€150,256▼ 46.3%€89,639▼ 40.3%€79,736▼ 11.0%
Working capital-€93,354below the sector's middle half--€26,242within the sector's middle half▲ 71.9%€64,448within the sector's middle half€142,373within the sector's middle half▲ 121%
Solvency90.4%above the sector's middle half-94.8%above the sector's middle half▲ 4.3pp96.9%above the sector's middle half▲ 2.1pp97.3%above the sector's middle half▲ 0.4pp
Current ratio0.55within the sector's middle half-0.77within the sector's middle half▲ 0.221.94within the sector's middle half▲ 1.173.61within the sector's middle half▲ 1.67
Return on assets (ROA)4.0%within the sector's middle half-2.6%within the sector's middle half▼ 1.4pp3.0%within the sector's middle half▲ 0.4pp3.1%within the sector's middle half▲ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets
€2.7m ▼ 0.9%
Current assets
€197,011 ▲ 47.9%
Equity and liabilities €2.9m
Equity
€2.9m ▲ 1.7%
Debt
€79,736 ▼ 11.0%
Debt's share of the balance-sheet total falls from 3.1% to 2.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€170,101▲
2024 · €158,981
Cash flow
€124,931▲
2024 · €116,231
Debt to equity
0.03▼
2024 · 0.03
ROE
3.2%▲
2024 · 3.1%
Interest coverage
97.81▼
2024 · 103.65
Debt ≤ 1 year
€54,638▼
2024 · €68,732
Debt > 1 year
€19,580▲
2024 · €19,312
Income taxes
€43,431▲
2024 · €41,215
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 501 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
3.0%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 501 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €65,587 | - | - | - | - |
| Remuneration, social security and pensions62 | €4,176 | €332 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,965 | €29,766 | €29,273 | €33,412 | ▲ 14.1% |
| Other operating charges640/8 | €8,471 | €15,135 | €12,039 | €12,417 | ▲ 3.1% |
| Gross operating margin9900 | €200,035 | €157,054 | €171,019 | €182,518 | ▲ 6.7% |
| Operating profit (loss)9901 | €156,423 | €111,820 | €129,707 | €136,690 | ▲ 5.4% |
| Financial charges65/66B | €4,250 | €2,822 | €1,534 | €1,739 | ▲ 13.4% |
| Recurring financial charges65 | €4,250 | €2,822 | €1,534 | €1,739 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | €152,173 | €108,998 | €128,174 | €134,950 | ▲ 5.3% |
| Income taxes67/77 | €35,805 | €34,754 | €41,215 | €43,431 | ▲ 5.4% |
| Profit (loss) for the period9904 | €116,368 | €74,244 | €86,958 | €91,519 | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | €116,368 | €74,244 | €86,958 | €91,519 | ▲ 5.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.9m | €2.9m | €2.9m | €2.9m | ▲ 1.3% |
| Fixed assets21/28 | €2.8m | €2.8m | €2.8m | €2.7m | ▼ 0.9% |
| Tangible fixed assets22/27 | €2.8m | €2.8m | €2.8m | €2.7m | ▼ 0.9% |
| Land and buildings22 | €2.8m | €2.8m | €2.8m | €2.7m | ▼ 1.1% |
| Plant, machinery and equipment23 | - | - | - | €1,719 | - |
| Furniture and vehicles24 | - | - | - | €4,291 | - |
| Financial fixed assets28 | €825 | €825 | €825 | €825 | = |
| Current assets29/58 | €114,178 | €88,761 | €133,180 | €197,011 | ▲ 47.9% |
| Amounts receivable within one year40/41 | €11,302 | - | - | - | - |
| Other amounts receivable41 | €11,302 | - | - | - | - |
| Cash at bank and in hand54/58 | €102,876 | €87,359 | €128,006 | €186,092 | ▲ 45.4% |
| Deferred charges and accrued income490/1 | - | €1,403 | €5,175 | €10,918 | ▲ 111% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.9m | €2.9m | €2.9m | €2.9m | ▲ 1.3% |
| Equity10/15 | €2.6m | €2.7m | €2.8m | €2.9m | ▲ 1.7% |
| Contributions10/11 | €35,430 | €35,430 | €35,430 | €35,430 | = |
| Revaluation surpluses12 | €2.2m | €2.2m | €2.2m | €2.2m | = |
| Reserves13 | €327,241 | €401,485 | €488,443 | €536,657 | ▲ 9.9% |
| Non-distributable reserves130/1 | - | €13,349 | €13,349 | €13,349 | = |
| Reserves not available under the articles1311 | - | €13,349 | €13,349 | €13,349 | = |
| Distributable reserves133 | €327,241 | €388,136 | €475,094 | €523,308 | ▲ 10.1% |
| Profit (loss) carried forward14 | €97,314 | €97,314 | €97,314 | €97,314 | = |
| Amounts payable17/49 | €279,684 | €150,256 | €89,639 | €79,736 | ▼ 11.0% |
| Amounts payable after more than one year17 | €72,152 | €29,265 | €19,312 | €19,580 | ▲ 1.4% |
| Financial debts170/4 | €52,084 | €10,417 | - | - | - |
| Other amounts payable178/9 | €20,068 | €18,848 | €19,312 | €19,580 | ▲ 1.4% |
| Amounts payable within one year42/48 | €207,532 | €115,003 | €68,732 | €54,638 | ▼ 20.5% |
| Current portion of amounts payable after more than one year42 | €41,667 | €41,667 | €10,417 | - | - |
| Financial debts43 | - | - | €20,054 | €23,457 | ▲ 17.0% |
| Credit institutions430/8 | - | - | €20,054 | €23,457 | ▲ 17.0% |
| Trade debts44 | €6,171 | €752 | €4,351 | - | - |
| Suppliers440/4 | €6,171 | €752 | €4,351 | - | - |
| Taxes, remuneration and social security45 | €35,805 | €2,594 | €6,215 | €3,431 | ▼ 44.8% |
| Taxes450/3 | €35,805 | €2,594 | €6,215 | €3,431 | ▼ 44.8% |
| Other amounts payable47/48 | €123,889 | €69,990 | €27,695 | €27,749 | ▲ 0.2% |
| Accrued charges and deferred income492/3 | - | €5,989 | €1,595 | €5,519 | ▲ 246% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €116,368 | €74,244 | €86,958 | €91,519 | ▲ 5.2% |
| + Depreciation and write-downs630 | €30,965 | €29,766 | €29,273 | €33,412 | ▲ 14.1% |
| Operating cash flow (approximation) | €147,333 | €104,010 | €116,231 | €124,931 | ▲ 7.5% |
| Investment in fixed assets (approximation) | - | €0 | -€11,195 | -€7,892 | ▲ 29.5% |
| Change in cash | - | -€15,517 | €40,647 | €58,086 | ▲ 42.9% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.94
Current ratio from 0.77 to 1.94; short-term debt falls from €115,003 to €68,732.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €74,244 ▼36.2%
Net result drops to €74,244, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 1 establishment unit since 2022
Ground area
1,103 m²
Parcel 21616G0176/00X003, Brussels. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
GML IMMO
since 20222.334.516.915
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00X003 | Brussels | 1,103 m² | - | - |
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.
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Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 3,889 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
Founded19-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0789329382
Also
9925:BE0789329382
Registered
04-12-2025
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.