ACTIVE

Gmax

Financial year 2025 · closed on 30/09/2025
Net result
59,6 k €
+447.3% YoY
Gross margin
64,3 k €
+357.5% YoY
Equity
154,1 k €
+63.1% YoY

What does Gmax do?

Gmax is a Private limited company incorporated in 2017. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0677.646.255
Incorporation
28/06/2017
Legal form
Private limited company
Registered office
Hoogbrugkaai 91
3500 Hasselt · FlandreSee on map
Contributed capital
11 720,00 €
Latest accounts
30/09/2025
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin64,3 k €14,1 k €196,8 k €291,3 k €222,1 k €132,8 k €43,1 k €
EBITDA63,7 k €-14,4 k €26,4 k €41,1 k €73,5 k €31,2 k €24,8 k €
Operating result61,8 k €-14,4 k €10,4 k €20,2 k €54,6 k €17,6 k €5,6 k €
Net result59,6 k €-17,2 k €5,2 k €11,2 k €44,9 k €15,1 k €3,2 k €
Balance sheet
Equity154,1 k €94,5 k €111,6 k €106,4 k €95,2 k €50,3 k €35,3 k €
Total assets191,1 k €110,1 k €227,1 k €291 k €247,2 k €213,2 k €116,6 k €
Cash60,4 k €95,8 k €182,5 k €191,5 k €145 k €139,9 k €71,5 k €
Debts37 k €12,7 k €115,2 k €184,3 k €152 k €162,8 k €71 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Gilles Vanderstraeten

Director

Active

Ended mandates

Daniël Vanderstraeten

Director · since 21 mai 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
BARTIZANActive
1011.460.471
0409.773.827
WestpuntActive
0649.701.050
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202630/04/202530/04/202402/05/202305/05/202226/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202630/04/2026DutchPDF
Micro model30/09/202428/03/202530/04/2025DutchPDF
Micro model30/09/202329/03/202430/04/2024DutchPDF
Micro model30/09/202231/03/202302/05/2023DutchPDF
Micro model30/09/202125/03/202205/05/2022DutchPDF
Micro model30/09/202026/03/202126/04/2021DutchPDF
Micro model30/09/201927/03/202030/03/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 1 active · 1 ended

Active mandates

Gilles Vanderstraeten

Director

Active

Ended mandates

Daniël Vanderstraeten

Director · since 21 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/07/2024
    BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2019
    WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/07/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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 202559,6 k €
  2. 2024
    Annual accounts 2024-17,2 k €
  3. 2024
    Name changeGmax
  4. 2023
    Annual accounts 20235,2 k €
  5. 2022
    Annual accounts 202211,2 k €
  6. 2021
    Annual accounts 202144,9 k €
  7. 2021
    Name changeBuiten Westen
  8. 2020
    Annual accounts 202015,1 k €
  9. 2019
    Annual accounts 20193,2 k €
  10. 28/06/2017
    IncorporationPrivate limited company