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GMLE

Active Private limited company (pre-2019)founded 2018active for 8 yearsRue de la Station 105, 7134 BincheKBO/BCE: BE 0688.923.692

Lifetime

8 annual accounts with figures on one time axis
peak €23,393 (2023)
-€8,945▼ €22,786
lowest -€17,891 (2020)
-€17,275▼ €13,350
peak -€6,725 (2018)
-€70,722▼ €17,275
€172,672▲ 12.2%
Board2 names since 2018
1 director
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Gross margin from €13,840 to -€8,945Loss of €17,275Equity from -€53,448 to -€70,722Cash from €9,906 to €35,218

Key points

from the 2025 annual accounts

Equity

-€70,722
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€21,200 in two years
-3,9252024-17,2752025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€172,672 169% of the balance sheet
Suppliers 6%Taxes and wages 0%Other 94%

Of this, €172,324 falls due within a year.

2025 accounts filed 11 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,018 companies had the same profile as GMLE has now. Each dot stands for 16 companies, two years later.

82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,018 companies, not a prediction for GMLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0688923692
New manager appointed, resigned · Director discharge: (manager) · General meeting of 06-03-2019 · Gazette deed
First establishment Rue de la Station 105, Binche
Incorporation published on 30-01-2018 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
GMLE Binche €101,949 -€8,945 -69.4% -
PTU MUSIC Sint-Gillis (bij-Brussel) €63,975 -€1,035 1.4% -
TER WENTECA Oosterzele €124,864 -€2,408 -49.4% -
DDB Antwerp Antwerp €43,739 -€1,996 98.8% -
Domaine à la Paix Saint-Léger (Lux.) €173,507 -€16,257 -628.7% -
Planet Group Manage €214,456 -€10,602 53.7% -
TAP ON WHEELS Ghent €39,389 -€12,569 -460.2% -

These companies have the same main activity as GMLE: renting and leasing of other personal and household goods (NACE 77229). They are comparable in size and age: total assets between €39,400 and €214,000, founded between 2012 and 2016.

Official details

Source: KBO
Status
Active since 26-01-2018Normal situation
Activity
Renting and leasing of other personal and household goodsNACE 77229and 1 other
Establishment unit
2.273.386.3277134 Binche, since 07-02-2018
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2025

€101,949▲ 1.5%
Filing
Filed on 11-08-2026
Financials

Insights on GMLE

GMLE files the micro format. That format states no turnover. The gross margin rose from -€9,529 in 2018 to -€8,945 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GMLE

What is the company number of GMLE?
The company number of GMLE is 0688.923.692. The VAT number is the same number with BE in front: BE 0688.923.692.
Where is GMLE based?
The registered office is at Rue de la Station 105, 7134 Binche.Company details
What does GMLE do?
According to the KBO register, the main activity is renting and leasing of other personal and household goods (NACE 77229).
What is the legal form of GMLE?
GMLE is a private limited company (pre-2019) (BVBA).
When was GMLE founded?
GMLE was founded on 26-01-2018.
Is GMLE still active?
Yes, GMLE is an active enterprise in the KBO register.
What is the turnover of GMLE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is GMLE profitable?
In financial year 2025, GMLE made a loss of €17,275.
Where can I find the annual accounts of GMLE?
GMLE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GMLE due?
GMLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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