ACTIVE

Group GM

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Financial year 2025 · closed on 31/12/2025
Net result
96,5 k €
-96.8% YoY
Gross margin
102,2 k €
+127.0% YoY
Equity
4,6 M €
+2.2% YoY
Workforce
3,5 ETP
-18.6% YoY

What does Group GM do?

Group GM is a Private limited company incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Hasselt. It employs on average 3,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0721.651.096
Incorporation
27/02/2019
Legal form
Private limited company
Registered office
Sasput 47
3500 Hasselt · FlandreSee on map
Contributed capital
180 000,00 €
Latest accounts
31/12/2025
Average workforce
3,5 ETP
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies43350Building completion and finishing43390Other building completion and finishing70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin102,2 k €-378,5 k €188 k €339,6 k €350,7 k €
EBITDA-131,1 k €-615,7 k €-65,7 k €35,7 k €124,3 k €
Operating result-183,1 k €-640,8 k €-69,7 k €34,9 k €124,3 k €
Net result96,5 k €3 M €-119,3 €658 k €536,8 k €
Balance sheet
Equity4,6 M €4,5 M €1,5 M €1,5 M €794,4 k €
Total assets5,4 M €6 M €8,5 M €7,9 M €986,6 k €
Cash1 M €61 k €192,1 k €70,6 k €65 k €
Debts828,7 k €1,5 M €7 M €6,5 M €192,2 k €
Other
Workforce3,5 ETP4,3 ETP4,4 ETP4,4 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

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

Active mandates

DAAN MULLENS

Director · since 01 janvier 2026

Active
SABRINA GOVAERTS

Director · since 27 février 2019

Active

Ended mandates

DAAN MULLENS

Director · since 27 février 2019

Ended
DAAN MULLENS

Director · until 26 avril 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
GM DEVELOPMENTS● Active
0742.736.027
GM REAL ESTATES● Active
0721.927.052
Legatum GM● Active
0733.912.688
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/05/202623/06/202515/07/202427/06/202318/07/202213/09/2021
General meeting26/05/202622/06/202528/06/202425/06/202327/06/202230/08/2021
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
Abridged model31/12/202526/05/202628/05/2026DutchPDF
Abridged model31/12/202422/06/202523/06/2025DutchPDF
Abridged model31/12/202328/06/202415/07/2024DutchPDF
Abridged model31/12/202225/06/202327/06/2023DutchPDF
Abridged model31/12/202127/06/202218/07/2022DutchPDF
Abridged model31/12/202030/08/202113/09/2021DutchPDF
Abridged model31/12/201931/07/202013/08/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 ended

Active mandates

DAAN MULLENS

Director · since 01 janvier 2026

Active
SABRINA GOVAERTS

Director · since 27 février 2019

Active

Ended mandates

DAAN MULLENS

Director · since 27 février 2019

Ended
DAAN MULLENS

Director · until 26 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates17/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2019
    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 202596,5 k €↓
  2. 2024
    Annual accounts 20243 M €↑
  3. 2023
    Annual accounts 2023-119,3 €↓
  4. 2022
    Annual accounts 2022658 k €↑
  5. 2021
    Annual accounts 2021536,8 k €
  6. 27/02/2019
    IncorporationPrivate limited company