ACTIVE

GMG SERVICE

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Financial year 2025 · closed on 31/12/2025
Net result
51 k €
+38.7% YoY
Gross margin
208,7 k €
+9.3% YoY
Equity
210,1 k €
+13.3% YoY

What does GMG SERVICE do?

GMG SERVICE is a Private limited company incorporated in 2009. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Beveren.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0818.039.897
Incorporation
26/08/2009
Legal form
Private limited company
Registered office
Pareinpark(BEV) 21A
9120 Beveren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25620Machining25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25620Machining
Joint committees (1)
  • 111
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin208,7 k €191 k €156,9 k €141,1 k €133,1 k €128,4 k €186,1 k €162,6 k €210,1 k €221,4 k €223,4 k €124,5 k €118,2 k €141,1 k €108,2 k €63 k €
EBITDA97 k €76,6 k €59,5 k €44,4 k €43,3 k €58,1 k €73,7 k €54,2 k €100,9 k €105,4 k €93 k €48,8 k €53,8 k €63,6 k €56,2 k €33,7 k €
Operating result74,6 k €56,2 k €50,4 k €30,7 k €27,3 k €41,4 k €61,3 k €30,7 k €71,8 k €65,9 k €64,5 k €17,5 k €25,2 k €34,8 k €29,9 k €13,1 k €
Net result51 k €36,8 k €34,7 k €21,1 k €14,5 k €29,9 k €49,6 k €22,9 k €39,2 k €34,6 k €37,7 k €785 €4,1 k €11,4 k €6,4 k €-8 k €
Balance sheet
Equity210,1 k €185,4 k €148,6 k €138,5 k €117,4 k €117,4 k €108,9 k €95 k €116,2 k €105,6 k €71 k €33,3 k €32,5 k €28,4 k €17 k €10,6 k €
Total assets263,2 k €253,3 k €206,8 k €211,9 k €192,5 k €211,8 k €230,3 k €238,5 k €262,7 k €231,8 k €251,5 k €239,3 k €256,1 k €332,6 k €343,7 k €301,1 k €
Cash59,8 k €50,9 k €36 k €51 k €36,7 k €44 k €17,8 k €48,9 k €82,4 k €43,1 k €72,8 k €34,6 k €33,8 k €–73,5 k €53 k €
Debts53,1 k €67,9 k €55,3 k €70,5 k €75,1 k €94,5 k €119,9 k €143,5 k €144,1 k €126,2 k €173,3 k €198,8 k €216,4 k €286,2 k €308,7 k €281,5 k €
Other
Workforce––––––––––2,8 ETP2,5 ETP1,7 ETP1,8 ETP1,3 ETP0,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Gunther HEYRMAN

Manager

Active

Ended mandates

Gunther VAN GOETHEM

Manager

Ended
Marc LAUREYS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date01/07/202624/06/202526/06/202429/06/202316/06/202230/06/2021
General meeting05/06/202620/06/202507/06/202402/06/202303/06/202210/03/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/06/202601/07/2026DutchPDF
Micro model31/12/202420/06/202524/06/2025DutchPDF
Micro model31/12/202307/06/202426/06/2024DutchPDF
Micro model31/12/202202/06/202329/06/2023DutchPDF
Micro model31/12/202103/06/202216/06/2022DutchPDF
Micro model31/12/202010/03/202130/06/2021DutchPDF
Micro model31/12/201926/06/202029/07/2020DutchPDF
Micro model31/12/201807/06/201916/07/2019DutchPDF
Micro model31/12/201701/06/201829/06/2018DutchPDF
Micro model31/12/201623/06/201727/07/2017DutchPDF
Abridged model31/12/201524/06/201622/07/2016DutchPDF
Abridged model31/12/201426/05/201526/06/2015DutchPDF
Abridged model31/12/201323/05/201426/06/2014DutchPDF
Abridged model31/12/201203/05/201311/06/2013DutchPDF
Abridged model31/12/201101/06/201228/06/2012DutchPDF
Abridged model31/12/201030/06/201129/08/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 2 ended

Active mandates

Gunther HEYRMAN

Manager

Active

Ended mandates

Gunther VAN GOETHEM

Manager

Ended
Marc LAUREYS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/08/2009
    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 202551 k €↑
  2. 2024
    Annual accounts 202436,8 k €↑
  3. 2023
    Annual accounts 202334,7 k €↑
  4. 2022
    Annual accounts 202221,1 k €↑
  5. 2021
    Annual accounts 202114,5 k €↓
  6. 2020
    Annual accounts 202029,9 k €↓
  7. 2019
    Annual accounts 201949,6 k €↑
  8. 2018
    Annual accounts 201822,9 k €↓
  9. 2017
    Annual accounts 201739,2 k €↑
  10. 2016
    Annual accounts 201634,6 k €↓
  11. 2015
    Annual accounts 201537,7 k €↑
  12. 2014
    Annual accounts 2014785 €↓
  13. 2013
    Annual accounts 20134,1 k €↓
  14. 2012
    Annual accounts 201211,4 k €↑
  15. 2011
    Annual accounts 20116,4 k €↑
  16. 2010
    Annual accounts 2010-8 k €
  17. 26/08/2009
    IncorporationPrivate limited company