ACTIVE

GMT PROJECT

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Financial year 2025 · closed on 31/12/2025

Net result

4,7 k €

+165.1% YoY

Gross margin

13,6 k €

+1026.7% YoY

Equity

20 k €

+30.8% YoY

What does GMT PROJECT do?

GMT PROJECT is a Private limited company incorporated in 1998. Its main activity is: Activities of head offices; management consultancy activities. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0464.240.713

Incorporation

30/09/1998

Legal form

Private limited company

Registered office

Avenue des Magnolias 12
1301 Wavre · WallonieSee on map

Contributed capital

24 796,91 €

Latest accounts

31/12/2025

Activities (NACE)

70322Activities of head offices; management consultancy activities· main 81100Combined facilities support activities 81100Combined facilities support activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	13,6 k €	+1027%	1,2 k €	-86.9%	9,3 k €	-80.1%	46,6 k €	+266%	12,7 k €	-28.3%	17,7 k €	-29.2%	25,1 k €	-34.6%	38,3 k €	+75.8%	21,8 k €	+13.3%	19,2 k €	+7.5%	17,9 k €	-15.5%	21,2 k €	+53.5%	13,8 k €	-26.5%	18,8 k €	-44.8%	34 k €	+866%	-4,4 k €	+78.1%	-20,2 k €	-145%	45,3 k €	+606%	6,4 k €	-85.6%	44,6 k €
EBITDA	12,6 k €	+2962%	412,5 €	-95.1%	8,5 k €	-81.5%	45,7 k €	+283%	11,9 k €	-29.7%	17 k €	-30.1%	24,3 k €	-34.4%	37,1 k €	+75.0%	21,2 k €	+13.4%	18,7 k €	+7.3%	17,4 k €	-13.7%	20,2 k €	+61.4%	12,5 k €	-28.1%	17,4 k €	-48.0%	33,4 k €	+776%	-4,9 k €	+77.3%	-21,8 k €	-149%	44,2 k €	+937%	4,3 k €	-90.4%	44,5 k €
Operating result	9,1 k €	+286%	-4,9 k €	-408%	1,6 k €	-95.4%	34,8 k €	+153689%	22,6 €	-99.6%	6,2 k €	-52.6%	13 k €	-49.5%	25,8 k €	+272%	6,9 k €	+43.7%	4,8 k €	+38.1%	3,5 k €	-46.2%	6,5 k €	+303%	1,6 k €	-90.2%	16,4 k €	-38.4%	26,6 k €	+324%	-11,9 k €	+61.7%	-31 k €	-190%	34,5 k €	+2060%	1,6 k €	-96.2%	41,5 k €
Net result	4,7 k €	+165%	-7,3 k €	-226%	-2,2 k €	-110%	22,5 k €	+842%	-3 k €	-222%	2,5 k €	-62.1%	6,6 k €	-58.2%	15,7 k €	+739%	1,9 k €	+5414%	34 €	+108%	-412,1 €	-179%	520,1 €	+136%	-1,4 k €	-114%	10,4 k €	-55.5%	23,4 k €	+277%	-13,2 k €	+59.2%	-32,3 k €	-158%	55,7 k €	+12828%	430,8 €	-99.0%	42,4 k €
Balance sheet
Equity	20 k €	+30.8%	15,3 k €	-32.1%	22,6 k €	-9.0%	24,8 k €	+15.2%	21,5 k €	-12.3%	24,6 k €	+11.3%	22,1 k €	+42.4%	15,5 k €	+6723%	-234 €	+88.9%	-2,1 k €	+1.6%	-2,1 k €	-23.8%	-1,7 k €	+23.1%	-2,3 k €	-180%	-804,9 €	+92.8%	-11,2 k €	+67.6%	-34,6 k €	-61.6%	-21,4 k €	-296%	10,9 k €	+1373%	-857,7 €	+33.4%	-1,3 k €
Total assets	22,7 k €	-19.8%	28,3 k €	-36.2%	44,4 k €	-17.8%	54 k €	+46.7%	36,8 k €	-33.2%	55,1 k €	-20.3%	69,1 k €	+3.2%	67 k €	+4.5%	64,1 k €	-15.1%	75,4 k €	-29.2%	106,5 k €	-9.8%	118,1 k €	+31.6%	89,8 k €	+329%	20,9 k €	-35.7%	32,5 k €	+31.5%	24,7 k €	-42.4%	43 k €	-59.2%	105,4 k €	+323%	24,9 k €	-33.7%	37,6 k €
Cash	3,7 k €		–		15,2 k €	+4.0%	14,7 k €	+134%	6,3 k €	+475%	1,1 k €	-94.3%	19,1 k €	+39.8%	13,6 k €	+25731%	52,8 €	-52.8%	111,9 €	-46.2%	208,1 €	+39.3%	149,4 €	-95.1%	3,1 k €	+11485%	26,6 €	-97.8%	1,2 k €	+4498%	26,6 €	-99.8%	16,4 k €	-72.0%	58,4 k €	+52760%	110,5 €	-89.5%	1,1 k €
Debts	2,7 k €	-78.5%	12,4 k €	-43.1%	21,8 k €	-25.3%	29,2 k €	+91.1%	15,3 k €	-50.0%	30,5 k €	-35.1%	47 k €	-8.6%	51,4 k €	-20.1%	64,3 k €	-17.1%	77,6 k €	-28.6%	108,7 k €	-5.8%	115,4 k €	+25.4%	92 k €	+324%	21,7 k €	-50.4%	43,8 k €	-26.3%	59,4 k €	-7.8%	64,4 k €	-31.8%	94,5 k €	+267%	25,8 k €	-33.7%	38,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

François Guyon de Montlivault

Director · since 28 novembre 2008

Active

Ended mandates

FRANCOIS GUYON de MONTLIVAULT

Manager · since 28 novembre 2008

Ended

FRANCOIS GUYON de MONTLIVAULT

Mandate

Ended

François GUYON DE MONTLIVAULT

Managing director

Ended

François GUYON DE MONTLIVAULT

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	13/05/2026	15/05/2025	24/06/2024	22/06/2023	24/06/2022	11/05/2021
General meeting	24/04/2026	18/04/2025	19/04/2024	21/04/2023	15/04/2022	16/04/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	24/04/2026	13/05/2026	French	PDF
Micro model	31/12/2024	18/04/2025	15/05/2025	French	PDF
Micro model	31/12/2023	19/04/2024	24/06/2024	French	PDF
Micro model	31/12/2022	21/04/2023	22/06/2023	French	PDF
Micro model	31/12/2021	15/04/2022	24/06/2022	French	PDF
Micro model	31/12/2020	16/04/2021	11/05/2021	French	PDF
Micro model	31/12/2019	17/04/2020	12/06/2020	French	PDF
Micro model	31/12/2018	19/04/2019	23/05/2019	French	PDF
Micro model	31/12/2017	20/04/2018	12/06/2018	French	PDF
Micro model	31/12/2016	21/04/2017	17/05/2017	French	PDF
Abridged model	31/12/2015	15/04/2016	25/05/2016	French	PDF
Abridged model	31/12/2014	17/04/2015	29/05/2015	French	PDF
Abridged model	31/12/2013	18/04/2014	22/08/2014	French	PDF
Abridged model	31/12/2012	19/04/2013	04/06/2013	French	PDF
Abridged model	31/12/2011	20/04/2012	15/03/2013	French	PDF
Abridged model	31/12/2010	15/04/2011	30/06/2011	French	PDF
Abridged model	31/12/2009	16/04/2010	15/07/2010	French	PDF
Abridged model	31/12/2008	17/04/2009	25/05/2009	French	PDF
Abridged model	31/12/2007	18/04/2008	24/06/2008	French	PDF
Abridged model	31/12/2006	13/04/2007	04/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 6 ended

Active mandates

François Guyon de Montlivault

Director · since 28 novembre 2008

Active

Ended mandates

FRANCOIS GUYON de MONTLIVAULT

Manager · since 28 novembre 2008

Ended

FRANCOIS GUYON de MONTLIVAULT

Mandate

Ended

François GUYON DE MONTLIVAULT

Managing director

Ended

François GUYON DE MONTLIVAULT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates20/01/2009
OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates13/07/2005
DEMISSIONS, NOMINATIONS
PDF
Mandates18/02/2004
DEMISSIONS, NOMINATIONS - SIEGE SOCIAL
PDF
Mandates11/09/2003
DEMISSIONS, NOMINATIONS
PDF
Registered office27/12/2002
SIEGE SOCIAL
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 20254,7 k €↑
2024
Annual accounts 2024-7,3 k €↓
2023
Annual accounts 2023-2,2 k €↓
2023
Name changeGMT PROJECT
2022
Annual accounts 202222,5 k €↑
2021
Annual accounts 2021-3 k €↓
2021
Name changeSOCIETE D'INGENIERIE ET D'ARCHITECTURE FRANCOIS de MONTLIVAULT (GMT)
2020
Annual accounts 20202,5 k €↓
2019
Annual accounts 20196,6 k €↓
2018
Annual accounts 201815,7 k €↑
2017
Annual accounts 20171,9 k €↑
2016
Annual accounts 201634 €↑
2015
Annual accounts 2015-412,1 €↓
2014
Annual accounts 2014520,1 €↑
2013
Annual accounts 2013-1,4 k €↓
2012
Annual accounts 201210,4 k €↓
2011
Annual accounts 201123,4 k €↑
2010
Annual accounts 2010-13,2 k €↑
2009
Annual accounts 2009-32,3 k €↓
2008
Annual accounts 200855,7 k €↑
2007
Annual accounts 2007430,8 €↓
2006
Annual accounts 200642,4 k €
30/09/1998
IncorporationPrivate 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

GMT PROJECT

Overview

What does GMT PROJECT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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