ACTIVE

GMK

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-72,1 k €

-1157.5% YoY

Gross margin

515,0 k €

-15.6% YoY

Equity

921,6 k €

-7.3% YoY

Workforce

15,4 ETP

-14.9% YoY

What does GMK do?

GMK is a Public limited company incorporated in 1993. Its registered office is in Tournai. It employs on average 15,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.922.721

Incorporation

19/04/1993

Legal form

Public limited company

Registered office

Rue Albert Allard(TOU) 42
7500 Tournai · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

15,4 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	515,0 k €	-15.6%	610,1 k €	-37.4%	975,3 k €	+0.0%	975,2 k €	+416%	188,8 k €	-65.3%	544,9 k €	-40.7%	918,3 k €	+0.8%	910,6 k €	+16.8%	779,3 k €	-9.0%	856,4 k €	-4.9%	900,3 k €	-9.5%	994,3 k €	-4.5%	1,0 M €	-13.8%	1,2 M €	+45.1%	831,7 k €	-12.2%	947,0 k €	-16.0%	1,1 M €	+23.3%	913,9 k €
EBITDA	19,0 k €	-75.2%	76,6 k €	-82.7%	442,5 k €	-19.5%	549,7 k €	+530%	87,2 k €	+201%	-86,2 k €	-135%	248,3 k €	-2.4%	254,4 k €	+96.8%	129,3 k €	-52.3%	271,2 k €	-1.0%	274,0 k €	-25.7%	368,9 k €	+448%	67,3 k €	-90.8%	727,6 k €	+162%	278,1 k €	-28.1%	387,0 k €	-38.7%	631,2 k €	+37.4%	459,5 k €
Operating result	-55,5 k €	-679%	9,6 k €	-97.6%	395,8 k €	-24.8%	526,0 k €	+689%	66,7 k €	+143%	-154,8 k €	-195%	163,5 k €	-10.5%	182,7 k €	+416%	35,4 k €	-80.0%	177,4 k €	+16.9%	151,8 k €	-21.0%	192,1 k €	+252%	-126,5 k €	-129%	440,8 k €	+792%	-63,7 k €	-241%	45,2 k €	-80.5%	231,9 k €	+97.1%	117,6 k €
Net result	-72,1 k €	-1158%	-5,7 k €	-102%	268,7 k €	-41.2%	457,0 k €	+244%	132,9 k €	+177%	-172,7 k €	-229%	133,6 k €	-5.6%	141,6 k €	+1440%	9,2 k €	-93.6%	143,8 k €	+6.1%	135,5 k €	-37.0%	215,0 k €	+262%	-132,9 k €	-121%	638,1 k €	+1099%	-63,9 k €	-200%	63,9 k €	-60.0%	159,8 k €	+57.1%	101,7 k €
Balance sheet
Equity	921,6 k €	-7.3%	993,8 k €	-0.6%	999,5 k €	+36.8%	730,8 k €	+167%	273,8 k €	-15.2%	322,9 k €	-34.8%	495,6 k €	+7.3%	462,0 k €	+9.9%	420,4 k €	+2.2%	411,2 k €	+11.9%	367,4 k €	+10.7%	331,8 k €	+8.2%	306,8 k €	-30.2%	439,7 k €	-39.9%	731,3 k €	-8.0%	795,1 k €	+5.1%	756,2 k €	+11.8%	676,4 k €
Total assets	1,2 M €	-8.5%	1,3 M €	-12.4%	1,4 M €	+30.5%	1,1 M €	+87.6%	586,2 k €	-50.7%	1,2 M €	-19.5%	1,5 M €	+0.6%	1,5 M €	+53.9%	953,3 k €	-11.6%	1,1 M €	-1.1%	1,1 M €	-13.3%	1,3 M €	-17.8%	1,5 M €	-10.6%	1,7 M €	+2.4%	1,7 M €	+3.5%	1,6 M €	-3.9%	1,7 M €	+4.8%	1,6 M €
Cash	204,8 k €	+6.5%	192,3 k €	-48.6%	374,2 k €	-54.4%	820,5 k €	+115%	381,3 k €	-42.3%	660,6 k €	-10.1%	734,5 k €	+2.3%	718,0 k €	+27.1%	565,0 k €	-9.9%	627,1 k €	+20.8%	519,2 k €	+5.2%	493,5 k €	-19.8%	615,6 k €	+41.8%	434,0 k €	-7.1%	467,3 k €	+49.8%	311,9 k €	-22.8%	403,8 k €	+45.7%	277,1 k €
Debts	225,2 k €	-13.3%	259,7 k €	-39.2%	427,2 k €	+19.3%	357,9 k €	+15.6%	309,6 k €	-64.0%	860,1 k €	-12.1%	978,3 k €	-2.6%	1,0 M €	+90.1%	528,1 k €	-19.6%	657,0 k €	-8.5%	717,8 k €	-22.0%	920,2 k €	-24.4%	1,2 M €	-3.8%	1,3 M €	+38.5%	913,7 k €	+17.8%	775,7 k €	-15.7%	920,7 k €	-0.3%	923,3 k €
Other
Workforce	15,4 ETP	-14.9%	18,1 ETP	+9.0%	16,6 ETP	+5.7%	15,7 ETP		–		19,0 ETP	-1.6%	19,3 ETP	+1.0%	19,1 ETP	0.0%	19,1 ETP	+14.4%	16,7 ETP	-13.5%	19,3 ETP	-2.5%	19,8 ETP	+14.5%	17,3 ETP	+33.1%	13,0 ETP	-13.9%	15,1 ETP	+4.9%	14,4 ETP	+22.0%	11,8 ETP	-18.1%	14,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

INN

Managing director · 0894.126.796

Represented by RENZO ARU

Active

SIGM

Director · 0449.922.523

Represented by KATE GRULOIS

Active

Ended mandates

SIGM

Director · since 15 février 2022 · until 15 février 2028 · 0449.922.523

Represented by KATE GRULOIS

Ended

SIGM

Managing director · since 15 février 2022 · until 15 février 2028 · 0449.922.523

Represented by KATE GRULOIS

Ended

INN

Managing director · since 11 février 2022 · until 11 février 2028 · 0894.126.796

Represented by RENZO ARU

Ended

INN

Managing director · since 11 février 2022 · until 11 février 2022 · 0894.126.796

Represented by RENZO ARU

Ended

At this address

Other companies at this address

Company	CBE no.
INN● Active	0894.126.796
SIGM● Active	0449.922.523

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	30/08/2024	31/08/2023	31/08/2022	23/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	31/08/2022	French	PDF
Micro model	31/12/2021	06/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	23/08/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	28/08/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	26/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	31/08/2012	French	PDF
Abridged modelCorrection	31/12/2010	06/06/2011	14/12/2011	French	PDF
Abridged model	31/12/2010	06/06/2011	08/11/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	28/08/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	30/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

INN

Managing director · 0894.126.796

Represented by RENZO ARU

Active

SIGM

Director · 0449.922.523

Represented by KATE GRULOIS

Active

Ended mandates

SIGM

Director · since 15 février 2022 · until 15 février 2028 · 0449.922.523

Represented by KATE GRULOIS

Ended

SIGM

Managing director · since 15 février 2022 · until 15 février 2028 · 0449.922.523

Represented by KATE GRULOIS

Ended

INN

Managing director · since 11 février 2022 · until 11 février 2028 · 0894.126.796

Represented by RENZO ARU

Ended

INN

Managing director · since 11 février 2022 · until 11 février 2022 · 0894.126.796

Represented by RENZO ARU

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/06/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates31/05/2022
DEMISSIONS, NOMINATIONS
PDF
Other20/05/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates12/09/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates22/01/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates11/06/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2012
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-72,1 k €↓
2024
Annual accounts 2024-5,7 k €↓
2023
Annual accounts 2023268,7 k €↓
2022
Annual accounts 2022457,0 k €↑
2021
Annual accounts 2021132,9 k €↑
2018
Annual accounts 2018-172,7 k €↓
2017
Annual accounts 2017133,6 k €↓
2016
Annual accounts 2016141,6 k €↑
2015
Annual accounts 20159,2 k €↓
2014
Annual accounts 2014143,8 k €↑
2013
Annual accounts 2013135,5 k €↓
2012
Annual accounts 2012215,0 k €↑
2011
Annual accounts 2011-132,9 k €↓
2010
Annual accounts 2010638,1 k €↑
2009
Annual accounts 2009-63,9 k €↓
2008
Annual accounts 200863,9 k €↓
2007
Annual accounts 2007159,8 k €↑
2006
Annual accounts 2006101,7 k €
19/04/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GMK

Overview

What does GMK do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline