GHELAMCO — Belgium

GHELAMCO chose a global ERP roll‑out to eliminate fragmented financial processes across its construction and real estate development activities in Belgium and Western Europe. Awara IT implemented Microsoft Dynamics 365 Finance & SCM to ensure all transactions are captured in a single ledger, enabling statutory and tax reporting from system data and improving control across projects, procurement and finance.
The delivery focused on deep finance automation and reporting: standardized transaction capture, automated VAT and statutory outputs, integrated project accounting and near‑real‑time analytics through Power BI. The consolidated platform reduced manual reconciliations and shortened month‑end close, giving the finance leadership timely, auditable insights for operational and investment decisions.
GHELAMCO is a Belgium‑headquartered real estate investor and developer operating across Western Europe, delivering large construction and property development projects. The company manages complex multi‑company finances, project cost tracking and vendor ecosystems typical of the construction sector.
Before the project, GHELAMCO maintained dispersed financial datasets and point solutions for project control, procurement and reporting. Transactions were captured in multiple spreadsheets and legacy systems, producing manual journal postings, duplicated effort and reconciliation backlogs. This fragmented landscape lengthened month‑end close and delayed consolidated financial reporting needed for investor oversight and tax filings.
Construction‑specific needs amplified the challenge: accurate project accounting and cost recognition across multi‑phase developments, timely subcontractor settlements, and traceable purchase-to-pay workflows were inconsistent. The company required an ERP foundation where every financial transaction flows into Dynamics 365 F&O to generate compliant taxation and consolidated financial reports directly from the system.
GHELAMCO selected Microsoft Dynamics 365 Finance & SCM because it provides a single, IFRS‑friendly general ledger, native project accounting, and scalable multi‑company support suitable for construction and property portfolios. The Microsoft technology stack (Dynamics F&O, Microsoft 365, Azure) matched the client’s existing environment, reducing integration friction and accelerating adoption.
Additional selection criteria included robust VAT and statutory reporting capabilities for Belgium and neighboring jurisdictions, strong vendor ecosystem for construction processes, and extensibility through Power Platform for tailored reporting and workflow automation. Awara IT was selected as implementation partner for its Dynamics 365 expertise and experience delivering finance and project accounting transformations in the region.
The implementation addressed Belgian and cross‑border requirements by configuring VAT posting rules, intracommunity trade settings and statutory ledger views needed for local tax submissions. Multi‑language (Dutch/French/English) labels and user roles were applied to support local finance teams across jurisdictions.
Where required, Awara IT delivered localized VAT reports and e‑invoicing interfaces to meet Belgian public procurement and supplier reporting expectations. Configuration prioritized auditable trails and retained source documents in SharePoint to support local audit and tax inquiries.
The implementation delivered a single source of truth for finance and project accounting across GHELAMCO’s development portfolio. Centralized transaction capture eliminated reconciliation bottlenecks, produced auditable VAT and statutory reports directly from the system, and reduced compliance risk. Faster closes and standardized processes freed finance capacity to focus on value‑added analysis rather than manual data consolidation.
Project managers gained timely cost visibility and forecasting accuracy, improving subcontractor settlement cadence and procurement control. Integrated reporting via Power BI enabled executive dashboards for cash flow, project margins and consolidated financial health—supporting strategic decisions on investments and capital allocation.
Awara IT helped us replace fragmented processes with a single, auditable finance platform. We now close faster, report VAT from the system and have clearer project cost control across our developments. — Marc De Smet, CFO, GHELAMCO