ACTIVE

GMR Group

Financial year 2025 · Closed on 31/03/2025

Net result6,6 k €+250,6 %over 1 year
Gross margin160,4 k €+166,2 %over 1 year
Equity94,2 k €+7,5 %over 1 year

Identity

Source · BCE/KBO

GMR Group is a Private limited company incorporated in 2014. Its main activity is: Construction of buildings. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0553.588.995
Incorporation
31/05/2014
Legal form
Private limited company
Registered office
Koolmeesstraat 4
8400 Oostende · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/03/2025
Joint committees (1)
  • 124
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin160,4 k €60,3 k €131 k €92,3 k €69,5 k €
EBITDA50 k €4,9 k €81,7 k €19,7 k €30,8 k €
Operating result30,3 k €-332,8 €77,2 k €16,6 k €23 k €
Net result6,6 k €-4,4 k €58,4 k €2,1 k €13,2 k €
Balance sheet
Equity94,2 k €87,6 k €92 k €42,4 k €40,3 k €
Total assets652,8 k €141,5 k €173,9 k €147,1 k €212,5 k €
Cash46,2 k €51,5 k €38,8 k €22,6 k €112,9 k €
Debts554,7 k €49,9 k €77,8 k €95,5 k €171,3 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 2 ended

Active mandates

MIKAYEL GHAZARYAN

Director · since 31 mai 2016

Active

Ended mandates

HAYK GHAZARYAN

Manager · since 31 mai 2016

Ended
MIKAYEL GHAZARYAN

Manager · since 31 mai 2016

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/11/202530/10/202430/10/202329/09/202230/11/202130/11/2020
General meeting15/09/202516/09/202418/09/202319/09/202220/09/202121/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202515/09/202521/11/2025DutchPDF
Micro model31/03/202416/09/202430/10/2024DutchPDF
Micro model31/03/202318/09/202330/10/2023DutchPDF
Micro model31/03/202219/09/202229/09/2022DutchPDF
Micro model31/03/202120/09/202130/11/2021DutchPDF
Micro model31/03/202021/09/202030/11/2020DutchPDF
Micro model31/03/201916/09/201902/11/2019DutchPDF
Micro model31/03/201817/09/201830/11/2018DutchPDF
Micro model31/03/201718/09/201720/11/2017DutchPDF
Abridged model31/03/201619/09/201602/12/2016DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 2 ended

Active mandates

MIKAYEL GHAZARYAN

Director · since 31 mai 2016

Active

Ended mandates

HAYK GHAZARYAN

Manager · since 31 mai 2016

Ended
MIKAYEL GHAZARYAN

Manager · since 31 mai 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/01/2023
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/12/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/06/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 20256,6 k €↑
  2. 2024
    Annual accounts 2024-4,4 k €↓
  3. 2023
    Annual accounts 202358,4 k €↑
  4. 2023
    Name changeGMR Group
  5. 2022
    Annual accounts 20222,1 k €↓
  6. 2022
    Name changeGM RENOVATIEWERKEN
  7. 2021
    Annual accounts 202113,2 k €↑
  8. 2020
    Annual accounts 2020-1,8 k €↑
  9. 2019
    Annual accounts 2019-3,7 k €↓
  10. 2018
    Annual accounts 20181,2 k €↑
  11. 2017
    Annual accounts 2017-318,6 €↓
  12. 2016
    Annual accounts 201625,5 k €
  13. 31/05/2014
    IncorporationPrivate limited company