ACTIVE

GM DEVELOPMENT

Financial year 2025 · closed on 30/09/2025
Net result
51,6 k €
+21.8% YoY
Gross margin
151,8 k €
+12.4% YoY
Equity
323 k €
+19.0% YoY

What does GM DEVELOPMENT do?

GM DEVELOPMENT is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Aalst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0894.092.154
Incorporation
11/12/2007
Legal form
Private limited company
Registered office
Jan Frans Vonckstraat 1
9310 Aalst · FlandreSee on map
Contributed capital
142 400,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin151,8 k €135 k €149,2 k €168,5 k €81,9 k €58,3 k €106,9 k €90,2 k €138,5 k €144,6 k €110,4 k €159,8 k €137,3 k €117,1 k €101,7 k €88 k €43,8 k €
EBITDA151 k €131,7 k €148,2 k €157,9 k €80,4 k €16,6 k €105,7 k €88,7 k €137,9 k €143,5 k €103,9 k €137 k €136,7 k €116,5 k €101,1 k €87,4 k €41,1 k €
Operating result81,9 k €62,9 k €78,7 k €88,9 k €12,4 k €-24,6 k €70,9 k €56,4 k €106,2 k €116,8 k €73,4 k €96,7 k €102,7 k €72,5 k €54,1 k €35,7 k €8,3 k €
Net result51,6 k €42,4 k €62,1 k €76,2 k €897,2 €-37,5 k €55,7 k €39,8 k €88,1 k €94,3 k €-407,6 k €52 k €64,5 k €37,6 k €31,5 k €16 k €3,1 k €
Balance sheet
Equity323 k €271,4 k €229 k €166,9 k €90,7 k €89,8 k €127,3 k €71,6 k €31,9 k €-56,2 k €-150,6 k €257 k €223 k €194,5 k €144,9 k €131,4 k €115,5 k €
Total assets721,2 k €738,5 k €764,6 k €780,5 k €765,3 k €772,3 k €374,3 k €352,9 k €332,8 k €343,8 k €330,8 k €813,9 k €780 k €695 k €534 k €447,3 k €458,5 k €
Cash297,9 k €313,3 k €253,3 k €257,6 k €176,9 k €130,6 k €180 k €146 k €112,7 k €33,4 k €41 k €26,9 k €17,2 k €35,2 k €102,6 k €46,2 k €7,6 k €
Debts398,3 k €463,4 k €530,9 k €608,9 k €674,6 k €678,3 k €239,5 k €272,9 k €291,9 k €388 k €481,4 k €543,7 k €541,9 k €488,5 k €382,7 k €312,9 k €341,7 k €
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 30/09/2025 · 1 active · 2 ended

Active mandates

Geert Moens

Director

Active

Ended mandates

GEERT MOENS

Manager · since 10 décembre 2007

Ended
GEERT MOENS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0843.716.589
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 date30/04/202616/05/202530/04/202417/05/202303/05/202229/04/2021
General meeting11/03/202612/03/202513/03/202408/03/202309/03/202210/03/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202511/03/202630/04/2026DutchPDF
Micro model30/09/202412/03/202516/05/2025DutchPDF
Micro model30/09/202313/03/202430/04/2024DutchPDF
Micro model30/09/202208/03/202317/05/2023DutchPDF
Micro model30/09/202109/03/202203/05/2022DutchPDF
Micro model30/09/202010/03/202129/04/2021DutchPDF
Micro model30/09/201911/03/202029/05/2020DutchPDF
Micro model30/09/201813/03/201908/05/2019DutchPDF
Micro model30/09/201714/03/201816/05/2018DutchPDF
Abridged model30/09/201608/03/201715/05/2017DutchPDF
Abridged model30/09/201509/03/201604/04/2016DutchPDF
Abridged model30/09/201411/03/201507/04/2015DutchPDF
Abridged model30/09/201312/03/201425/04/2014DutchPDF
Abridged model30/09/201213/03/201330/04/2013DutchPDF
Abridged model30/09/201114/03/201227/04/2012DutchPDF
Abridged model30/09/201009/03/201131/03/2011DutchPDF
Abridged model30/09/200910/03/201031/03/2010DutchPDF
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 30/09/2025 · 1 active · 2 ended

Active mandates

Geert Moens

Director

Active

Ended mandates

GEERT MOENS

Manager · since 10 décembre 2007

Ended
GEERT MOENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/05/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/09/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares10/08/2009
    KAPITAAL - AANDELEN
    PDF
  • Other19/12/2007
    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 202551,6 k €
  2. 2024
    Annual accounts 202442,4 k €
  3. 2023
    Annual accounts 202362,1 k €
  4. 2022
    Annual accounts 202276,2 k €
  5. 2021
    Annual accounts 2021897,2 €
  6. 2020
    Annual accounts 2020-37,5 k €
  7. 2019
    Annual accounts 201955,7 k €
  8. 2018
    Annual accounts 201839,8 k €
  9. 2017
    Annual accounts 201788,1 k €
  10. 2016
    Annual accounts 201694,3 k €
  11. 2015
    Annual accounts 2015-407,6 k €
  12. 2014
    Annual accounts 201452 k €
  13. 2013
    Annual accounts 201364,5 k €
  14. 2012
    Annual accounts 201237,6 k €
  15. 2011
    Annual accounts 201131,5 k €
  16. 2010
    Annual accounts 201016 k €
  17. 2009
    Annual accounts 20093,1 k €
  18. 11/12/2007
    IncorporationPrivate limited company