GMM IMMO
ActiveGMM IMMO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €787. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 69% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-20
Solvency81▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 2.33 in 2024; short-term debt: 11.1% and cash: 2.5% of total assets), and 43.9% 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+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 68
Relative position
BE, all sectors
reference
Sector 68
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
56.1%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
47 d late
2023
23 d late
2022
92 d late
2021
29 d late
2020
31 d early
2019
124 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€787▼ 98.5%
2024 · €51k
2018: €-15k
2019: €29k
2020: €11k
2021: €27k
2022: €-87k
2023: €-1k
2024: €51k
2018 → 2025
Working capital
€18k▼ 74.3%
2024 · €71k
2018: €-125k
2019: €-406k
2020: €-301k
2021: €-123k
2022: €-157k
2023: €-180k
2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€191k-€103k▼ 46.3%€100k▼ 2.4%€212k▲ 112%€213k▲ 0.4%
Operating result€36k-€-66k€5k€173k▲ 3,196%€10k▼ 94.0%
Net result€27k-€-87k€-1k▲ 98.6%€51k€787▼ 98.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €380k
Fixed assets
€319k▲ 1.5%
Current assets
€60k▼ 51.2%
Equity and liabilities €380k
Equity
€213k▲ 0.4%
Provisions
€37k=
Debt
€130k▼ 31.5%
The debt ratio falls from 43.1% to 34.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €195k
Cash flow
€27k▼
2024 · €74k
Solvency
56.1%▲
2024 · 48.4%
Current ratio
1.43▼
2024 · 2.33
Quick ratio
1.43▼
2024 · 2.33
Debt / equity
0.61▼
2024 · 0.89
ROE
0.4%▼
2024 · 24.2%
ROA
0.2%▼
2024 · 11.7%
Interest coverage
5.26▼
2024 · 10.49
Debt
€130k▼
2024 · €189k
Debt ≤ 1 year
€42k▼
2024 · €53k
Debt > 1 year
€87k▲
2024 · €77k
Income taxes
€4k▼
2024 · €10k
Staff costs
€45k
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€438k€380k▼
Formation expenses20€0-
Fixed assets21/28€315k€319k▲
Tangible fixed assets22/27€315k€319k▲
Land and buildings22€291k€271k▼
Plant, machinery and equipment23€9k€13k▲
Furniture and vehicles24€5k€26k▲
Other tangible fixed assets26€9k€9k=
Financial fixed assets28-€430
Current assets29/58€124k€60k▼
Amounts receivable within one year40/41€65k€51k▼
Trade receivables40€50k€17k▼
Other amounts receivable41€16k€34k▲
Cash at bank and in hand54/58€23k€9k▼
Deferred charges and accrued income490/1€36k€21▼
Equity and liabilities
Total equity and liabilities10/49€438k€380k▼
Equity10/15€212k€213k▲
Contributions10/11€92k€92k=
Reserves13€130k€130k=
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Tax-exempt reserves132€111k€111k=
Profit (loss) carried forward14€-11k€-10k▲
Investment grants15€870€870=
Provisions and deferred taxes16€37k€37k=
Deferred taxes168€37k€37k=
Amounts payable17/49€189k€130k▼
Amounts payable after more than one year17€77k€87k▲
Financial debts170/4€77k€87k▲
Amounts payable within one year42/48€53k€42k▼
Current portion of amounts payable after more than one year42€5k€10k▲
Trade debts44€9k€13k▲
Suppliers440/4€9k€13k▲
Taxes, remuneration and social security45€34k€14k▼
Taxes450/3€34k€12k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€6k€6k=
Accrued charges and deferred income492/3€59k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€392
Remuneration, social security and pensions62-€45k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€26k▲
Other operating charges640/8€832€1k▲
Gross operating margin9900€196k€82k▼
Operating profit (loss)9901€173k€10k▼
Financial income75/76B€18k€1k▼
Recurring financial income75€18k€1k▼
Financial charges65/66B€19k€7k▼
Recurring financial charges65€19k€7k▼
Profit (loss) for the period before taxes9903€172k€5k▼
Transfer to deferred taxes680€111k-
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€51k€787▼
Transfer to tax-exempt reserves689€37k-
Profit (loss) for the period to be appropriated9905€14k€787▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-10k▲
Profit (loss) brought forward from the previous period14P€-26k€-11k▲
The notes to these accounts (10 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 47 days late
2024
31-12
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
31-12
Financial
Liquidity times 10current ratio 2.33
Current ratio from 0.24 to 2.33; short-term debt falls from €237k to €53k.
31-12
Financial
Equity above €200kEq €212k ▲112%
Equity rises from €100k to €212k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet €-87k ▼417%
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €165k ▲17.4%
2 profitable years in a row build equity to €165k.
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 124 days late
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 300 days late
2019
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Vaux-sur-Sûre · 1 establishment unit since 2003
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.
Rue de Marche 506640 Vaux-sur-SûreGround area
1,508 m²
Building footprint
252 m²
Parcel 82031C0366/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Marche 50, 6640 Vaux-sur-Sûre
since 20032.134.555.868
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82031C0366/00N000 | Wallonia | 1,508 m² | 1 · 252 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 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,286 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2003
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
71122Land surveying
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.