Checked.be
Active
BE 0568.650.919Private limited company
G & M Assurances
Boulevard de la Cense 72 ·1410 Waterloo, Belgium· 11 yrs active
Conclusion
G & M Assurances has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313k and a net result of €-9k. Equity is growing by ~84.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €313k |
| Net result | €-9k |
| Active | 11 yrs |
Financial profile
63
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
37
Profitability
0
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2015, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
37
/ 100
Weak
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€12k
estimate, not credit advice
Score history
55
2022
94
2023
83
2024
37
2025
purely financial, excl. current insolvency signals
Score components
Leverage
Debt/equity 0.00 (< 1.0)
+10
Profitability
Negatieve ROE -3%
-10
Interest coverage
Interest coverage -150.0× (< 1.5×)
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~84.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€-19k
-63.4%
22-25
€-9k
-
22-25
€-9k
-
22-25
€313k
-29.3%
22-25
€313k
-2.9%
22-25
€313k
-2.3%
22-25
1
0.0%
22-25
€0
-100.0%
22-25
€0
-100.0%
22-25
€0
-100.0%
22-25
€0
-100.0%
22-25
3.66
+60.0%
22-25
3.66
+60.0%
22-25
100.0%
+37.4%
22-25
0.00
-100.0%
22-25
-3.0%
-
22-25
-3.0%
-
22-25
-150.04
-1674.8%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-19k | €-12k | €27k | €-9k |
| Net profit | €-9k | €234k | €7k | €-23k |
| Cash flow | €-9k | €235k | €18k | €-11k |
| Staff costs | €0 | €5k | €42k | €31k |
| Income taxes | €0 | €125k | €7k | €391 |
| Dividends | - | - | - | - |
| Total assets | €313k | €443k | €108k | €98k |
| Equity | €313k | €322k | €75k | €68k |
| Debt | €0 | €120k | €33k | €30k |
| of which ≤ 1y | €0 | €120k | €33k | €30k |
| of which > 1y | - | - | - | - |
| Working capital | €313k | €320k | €42k | €22k |
| Employees (FTE) | - | 1.0 | 1.0 | 1.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | - | 3.66 | 2.29 | 1.74 |
| Quick ratio | - | 3.66 | 2.29 | 1.74 |
| Working capital ratio | 100.0% | 72.3% | 39.2% | 22.9% |
| Solvency | 100.0% | 72.8% | 69.5% | 69.3% |
| Debt / equity | 0.00 | 0.37 | 0.44 | 0.44 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -150.04 | -8.45 | 12.10 | -7.48 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -3.0% | 53.0% | 6.5% | -23.0% |
| ROE | -3.0% | 72.8% | 9.4% | -33.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €313k | €443k | €108k | €98k |
| Fixed assets | 21/28 | €0 | €2k | €33k | €46k |
| Intangible fixed assets | 21 | - | €0 | €30k | €40k |
| Tangible fixed assets | 22/27 | €0 | €2k | €3k | €6k |
| Financial fixed assets | 28 | €0 | €78 | €78 | €78 |
| Current assets | 29/58 | €313k | €440k | €76k | €53k |
| Amounts receivable within one year | 40/41 | €75k | €81k | €15k | €21k |
| Investments | 50/53 | €0 | €173k | €50k | €20k |
| Cash & bank | 54/58 | €238k | €186k | €9k | €10k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €313k | €443k | €108k | €98k |
| Equity | 10/15 | €313k | €322k | €75k | €68k |
| Contributions / capital | 10/11 | €19k | €19k | €6k | €6k |
| Reserves | 13 | €236k | €236k | €2k | €2k |
| Accumulated profits (losses) | 14 | €58k | €67k | €67k | €60k |
| Amounts payable | 17/49 | €0 | €120k | €33k | €30k |
| Amounts payable within one year | 42/48 | €0 | €120k | €33k | €30k |
| Trade debts payable within one year | 44 | €0 | €866 | €1k | €2k |
| Income statement | |||||
| Gross operating margin | 9900 | €-12k | €-6k | €78k | €28k |
| Operating result | 9901 | €-19k | €-13k | €16k | €-21k |
| Financial income | 75 | €10k | €1k | €113 | €3 |
| Financial charges | 65 | €130 | €1k | €2k | €1k |
| Result before taxes | 9903 | €-9k | €359k | €14k | €-22k |
| Income taxes | 67/77 | €0 | €125k | €7k | €391 |
| Net result for the period | 9904 | €-9k | €234k | €7k | €-23k |
| Result to be appropriated | 9905 | €-9k | €234k | €7k | €-23k |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 13-01-2015 |
| Status | Active |
| Postal code | 1410 |
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110B0468/00B000 | Wallonia | 2,037 m² | 1 · 522 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €234k ▲3228%
Net result €234k, the highest in the series.
31-12
Financial
Equity above €200kEq €322k ▲328%
2 profitable years in a row build equity to €322k.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameFR | G & M Assurances |