ACTIVE

GMI group

Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+3687.8% YoY
Revenue
16,9 M €
+138.4% YoY
Equity
3,4 M €
+74.4% YoY
Workforce
54,3 ETP
-5.7% YoY

What does GMI group do?

GMI group is a Public limited company incorporated in 1996. Its registered office is in Westerlo. It employs on average 54,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.524.542
Incorporation
18/07/1996
Legal form
Public limited company
Registered office
Nijverheidsstraat 13
2260 Westerlo · FlandreSee on map
Contributed capital
400 000,00 €
Latest accounts
31/12/2025
Average workforce
54,3 ETP
Joint committees (3)
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420242023202220182017201520142013201220112010200920082007
Income statement
Revenue16,9 M €7,1 M €15,5 M €15,8 M €14 M €
EBITDA2,5 M €138,6 k €1,4 M €890,8 k €683 k €792,1 k €415,9 k €41 k €119 k €89,8 k €249,5 k €238,5 k €182,4 k €187,6 k €182,8 k €404,6 k €
Operating result2,1 M €10,6 k €1,3 M €823 k €623,9 k €674,7 k €339,3 k €26,6 k €105 k €81,3 k €223,7 k €191 k €129,9 k €121,4 k €106,5 k €364,4 k €
Net result1,5 M €-40,9 k €848,2 k €477,5 k €327,7 k €361,7 k €166 k €-31,8 k €24,6 k €3,9 k €107 k €90,3 k €37 k €41,1 k €35 k €306,5 k €
Balance sheet
Equity3,4 M €2 M €2 M €1,2 M €888,9 k €2,4 M €2 M €1,2 M €1,3 M €1,3 M €1,3 M €1,2 M €1,1 M €1,1 M €1,5 M €1,5 M €
Total assets9,9 M €6,9 M €7,3 M €7,4 M €6,6 M €6,4 M €6 M €4,2 M €3,6 M €3,6 M €3,6 M €3,6 M €3,5 M €4 M €3,8 M €3,5 M €
Cash1,9 M €1 M €1,8 M €2,4 M €2 M €2,3 M €2,1 M €255,6 k €488,6 k €456,6 k €581,7 k €409,6 k €322 k €329,3 k €71,3 k €314,6 k €
Debts3,7 M €3,1 M €3,5 M €4,4 M €3,9 M €2,3 M €2,3 M €2,4 M €1,9 M €1,8 M €1,8 M €2 M €2,1 M €2,3 M €1,9 M €1,7 M €
Other
Workforce54,3 ETP57,6 ETP61,5 ETP65,2 ETP64,8 ETP54,0 ETP46,0 ETP18,7 ETP19,0 ETP18,2 ETP16,0 ETP15,5 ETP15,1 ETP13,8 ETP12,7 ETP9,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 39 ended

Active mandates

Benny Van Hyfte

Director · since 29 mai 2024 · until 19 avril 2030

Active
Unity

Director · since 29 mai 2024 · until 19 avril 2030 · 0827.388.521

Represented by Vicky Van Den haute

Active
VIKTUUR

Director · since 29 mai 2024 · until 19 avril 2030 · 0794.706.251

Represented by Jan Hofman

Active
V.D.V. SERVICES

Director · since 01 octobre 2020 · until 24 avril 2026 · 0459.471.479

Represented by Koen VAN DE VEL

Active
VBS BUSINESS DEVELOPMENT

Director · since 01 octobre 2020 · until 24 avril 2026 · 0860.335.065

Represented by Ludo VAN BAELEN

Active

Ended mandates

Unity

Director · since 29 mai 2024 · until 19 avril 2030 · 0827.388.521

Represented by Vicky Van Den Haute

Ended
VIKTUUR

Director · since 29 mai 2024 · until 19 avril 2030 · 0794.706.251

Represented by Jan Hofman

Ended
Filip Huyzentruyt

Director · since 01 octobre 2020 · until 29 mai 2024

Ended
V.D.V. SERVICES

Director · since 01 octobre 2020 · until 17 avril 2026 · 0459.471.479

Represented by Koen Van de Vel

Ended
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Annual accounts

Full financial information

202520242024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/07/202401/07/202301/07/202201/07/202101/07/2020
Closing of the financial year31/12/202531/12/202430/06/202430/06/202330/06/202230/06/2021
Length of the financial year12 months6 months12 months12 months12 months12 months
Filing date19/05/202629/04/202519/12/202411/01/202411/01/202321/01/2022
General meeting24/04/202618/04/202510/12/202421/12/202315/12/202223/12/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/04/202619/05/2026DutchPDF
Full model31/12/202418/04/202529/04/2025DutchPDF
Full model30/06/202410/12/202419/12/2024DutchPDF
Full model30/06/202321/12/202311/01/2024DutchPDF
Full model30/06/202215/12/202211/01/2023DutchPDF
Full model30/06/202123/12/202121/01/2022DutchPDF
Full model30/06/202001/10/202005/10/2020DutchPDF
Full model30/06/201914/01/202021/01/2020DutchPDF
Abridged model30/06/201804/01/201931/01/2019DutchPDF
Abridged model30/06/201729/12/201726/01/2018DutchPDF
Abridged model30/06/201615/12/201612/01/2017DutchPDF
Abridged model30/06/201517/11/201509/12/2015DutchPDF
Abridged model30/06/201418/12/201412/01/2015DutchPDF
Abridged model30/06/201327/12/201324/01/2014DutchPDF
Abridged model30/06/201226/12/201229/01/2013DutchPDF
Abridged model30/06/201115/12/201120/02/2012DutchPDF
Abridged model30/06/201016/12/201014/02/2011DutchPDF
Abridged model30/06/200917/12/200922/02/2010DutchPDF
Abridged model30/06/200829/01/200930/01/2009DutchPDF
Abridged model30/06/200720/12/200723/01/2008DutchPDF
Abridged model30/06/200618/01/200724/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 active · 39 ended

Active mandates

Benny Van Hyfte

Director · since 29 mai 2024 · until 19 avril 2030

Active
Unity

Director · since 29 mai 2024 · until 19 avril 2030 · 0827.388.521

Represented by Vicky Van Den haute

Active
VIKTUUR

Director · since 29 mai 2024 · until 19 avril 2030 · 0794.706.251

Represented by Jan Hofman

Active
V.D.V. SERVICES

Director · since 01 octobre 2020 · until 24 avril 2026 · 0459.471.479

Represented by Koen VAN DE VEL

Active
VBS BUSINESS DEVELOPMENT

Director · since 01 octobre 2020 · until 24 avril 2026 · 0860.335.065

Represented by Ludo VAN BAELEN

Active

Ended mandates

Unity

Director · since 29 mai 2024 · until 19 avril 2030 · 0827.388.521

Represented by Vicky Van Den Haute

Ended
VIKTUUR

Director · since 29 mai 2024 · until 19 avril 2030 · 0794.706.251

Represented by Jan Hofman

Ended
Filip Huyzentruyt

Director · since 01 octobre 2020 · until 29 mai 2024

Ended
V.D.V. SERVICES

Director · since 01 octobre 2020 · until 17 avril 2026 · 0459.471.479

Represented by Koen Van de Vel

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates01/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/12/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates22/10/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/05/2016
    DOEL
    PDF
  • Restructuring02/02/2016
    MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20251,5 M €
  2. 2024
    Annual accounts 2024-40,9 k €
  3. 2024
    Annual accounts 2024848,2 k €
  4. 2023
    Annual accounts 2023477,5 k €
  5. 2022
    Annual accounts 2022327,7 k €
  6. 2018
    Annual accounts 2018361,7 k €
  7. 2017
    Annual accounts 2017166 k €
  8. 2015
    Annual accounts 2015-31,8 k €
  9. 2014
    Annual accounts 201424,6 k €
  10. 2013
    Annual accounts 20133,9 k €
  11. 2012
    Annual accounts 2012107 k €
  12. 2011
    Annual accounts 201190,3 k €
  13. 2010
    Annual accounts 201037 k €
  14. 2009
    Annual accounts 200941,1 k €
  15. 2008
    Annual accounts 200835 k €
  16. 2007
    Annual accounts 2007306,5 k €
  17. 18/07/1996
    IncorporationPublic limited company