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G & CO

Inactive
KBO/BCE: BE 0441.387.117

Inactive; last annual accounts for fiscal year 2011.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2011 was due by 30-04-2012 and was filed on 26-04-2012, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2011
4 d early
2010
3 d early
2009
26 d early
2008
14 d early
2007
6 d early
2006
1 d early
2005
368 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

G & CO has filed 20 sets of annual accounts, the latest for fiscal year 2011.1 In 2012 the company was absorbed by merger into GERMAINE.2

  1. 1National Bank, annual accounts 2011
  2. 2Belgian State Gazette, 09-03-2012

Financials · fiscal year 2011, full schema

Turnover
€3.74M▼ 20.8%
2010 · €4.72M
EBIT margin
12.3%▲ 6.9pp
2010 · 5.4%
Net result
€479k▲ 65.4%
2010 · €290k
Working capital
€1.38M▼ 3.7%
2010 · €1.43M
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20072008200920102011
Turnover€59k-€4.72M€3.74M▼ 20.8%
Operating result€53k-€56k▲ 6.2%€57k▲ 2.5%€255k▲ 346%€461k▲ 80.4%
Net result€81k-€60k▼ 26.2%€760k▲ 1,168%€290k▼ 61.9%€479k▲ 65.4%
EBIT margin88.4%-5.4%12.3%▲ 6.9pp
Equity€372k-€432k▲ 16.1%€1.19M▲ 176%€1.48M▲ 24.3%€1.41M▼ 4.8%
Total assets€377k-€437k▲ 15.8%€1.19M▲ 173%€3.06M▲ 157%€2.98M▼ 2.9%
Debt€5k-€4k▼ 5.0%€707▼ 83.8%€1.58M▲ 223,653%€1.56M▼ 1.1%
Working capital€218k-€278k▲ 27.4%€1.04M▲ 273%€1.43M▲ 37.5%€1.38M▼ 3.7%
Staff (FTE)15.516▲ 3.2%
Result per fiscal year
Operating resultNet result
€0€200k€400k€600k€800kOperating result 2007: €53k€53kNet result 2007: €81k€81kOperating result 2008: €56k€56kNet result 2008: €60k€60kOperating result 2009: €57k€57kNet result 2009: €760k€760kOperating result 2010: €255k€255kNet result 2010: €290k€290kOperating result 2011: €461k€461kNet result 2011: €479k€479k20072008200920102011€0€200k€400k€600k€800kOperating result 2009: €57k€57kNet result 2009: €760k€760kOperating result 2010: €255k€255kNet result 2010: €290k€290kOperating result 2011: €461k€461kNet result 2011: €479k€479k200920102011
The operating result has risen four years in a row; 2011 is 80% above 2010 and is the highest result in the available series.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €2.98M
Fixed assets €48k ▼ 19.2%
Current assets €2.93M ▼ 2.6%
Equity and liabilities €2.98M
Equity €1.41M ▼ 4.8%
Debt €1.56M ▼ 1.1%
Debt's share of the balance-sheet total rises from 51.6% to 52.6%. Equity and debt are lower.
Key figures and ratios
2011 value · change against 2010
EBITDA
€483k▲
2010 · €314k
Cash flow
€501k▲
2010 · €348k
Current ratio
1.89▼
2010 · 1.90
ROE
33.9%▲
2010 · 19.5%
ROA
16.1%▲
2010 · 9.4%
Debt ≤ 1 year
€1.55M▼
2010 · €1.58M
Income taxes
€-13
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2011 against 2010 · 62 lines
Balance sheet Code20102011
Assets
Total assets20/58€3.06M€2.98M▼
Fixed assets21/28€59k€48k▼
Tangible fixed assets22/27€59k€47k▼
Furniture and vehicles24€59k-
Financial fixed assets28€300€300=
Other financial fixed assets284/8€300-
Amounts receivable and cash guarantees285/8€300-
Current assets29/58€3.01M€2.93M▼
Stocks and contracts in progress3€27k€34k▲
Contracts in progress37€27k-
Amounts receivable within one year40/41€2.15M€1.19M▼
Trade receivables40€2.14M-
Other amounts receivable41€7k-
Current investments50/53€751k€1.50M▲
Other investments51/53€751k-
Cash at bank and in hand54/58€52k€144k▲
Deferred charges and accrued income490/1€25k-
Equity and liabilities
Total equity and liabilities10/49€3.06M€2.98M▼
Equity10/15€1.48M€1.41M▼
Contributions10/11€1.20M€1.20M=
Capital10€1.20M-
Issued capital100€1.20M-
Reserves13€63k€87k▲
Legal reserve130€63k-
Profit (loss) carried forward14€219k€124k▼
Amounts payable17/49€1.58M€1.56M▼
Amounts payable within one year42/48€1.58M€1.55M▼
Trade debts44€748k€832k▲
Suppliers440/4€748k-
Advances received on contracts in progress46€474k-
Taxes, remuneration and social security45€357k-
Taxes450/3€241k-
Remuneration and social security454/9€116k-
Accrued charges and deferred income492/3€5k-
Income statement Code20102011
Turnover70€4.72M€3.74M▼
Other operating income74€6k-
Goods for resale, raw materials and consumables60€2.42M-
Purchases600/8€2.42M-
Services and other goods61€1.16M-
Remuneration, social security and pensions62€830k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€22k▼
Other operating charges640/8€11k-
Operating profit (loss)9901€255k€461k▲
Recurring financial income75€13k€17k▲
Income from current assets751€9k-
Other financial income752/9€4k-
Recurring financial charges65€2k€671▼
Debt charges650€27-
Other financial charges652/9€2k-
Profit (loss) for the period before taxes9903€290k€479k▲
Income taxes67/77-€-13
Profit (loss) for the period9904€290k€479k▲
Profit (loss) for the period to be appropriated9905€290k€479k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7.98M-
Profit (loss) brought forward from the previous period14P€-8.26M-
Transfer from equity791/2€9.34M-
From contributions791€9.34M-
Transfer to equity691/2€1.15M-
To contributions691€1.13M-
To the legal reserve6920€14k-
Return on contributions (dividend)694-€550k
Social balance
Average headcount (FTE)908715.5-
Line20072008200920102011Change
Turnover70€59k--€4.72M€3.74M▼ 20.8%
Other operating income74---€6k--
Goods for resale, raw materials and consumables60---€2.42M--
Purchases600/8---€2.42M--
Services and other goods61---€1.16M--
Remuneration, social security and pensions62---€830k--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€59k€22k▼ 61.6%
Other operating charges640/8---€11k--
Gross operating margin9900-€56k€57k---
Operating profit (loss)9901€53k€56k€57k€255k€461k▲ 80.4%
Recurring financial income75€1k€4k€703k€13k€17k▲ 33.4%
Income from current assets751---€9k--
Other financial income752/9---€4k--
Recurring financial charges65€41€204€37€2k€671▼ 72.8%
Debt charges650€3--€27--
Other financial charges652/9---€2k--
Profit (loss) for the period before taxes9903€81k€60k€760k€290k€479k▲ 65.4%
Income taxes67/77----€-13-
Profit (loss) for the period9904€81k€60k€760k€290k€479k▲ 65.4%
Profit (loss) for the period to be appropriated9905€81k€60k€760k€290k€479k▲ 65.4%
Line20072008200920102011Change
Assets
Total assets20/58€377k€437k€1.19M€3.06M€2.98M▼ 2.9%
Fixed assets21/28€154k€154k€154k€59k€48k▼ 19.2%
Tangible fixed assets22/27---€59k€47k▼ 19.3%
Furniture and vehicles24---€59k--
Financial fixed assets28€154k€154k€154k€300€300=
Other financial fixed assets284/8---€300--
Amounts receivable and cash guarantees285/8---€300--
Current assets29/58€223k€283k€1.04M€3.01M€2.93M▼ 2.6%
Stocks and contracts in progress3---€27k€34k▲ 23.7%
Contracts in progress37---€27k--
Amounts receivable within one year40/41€85k€61k€770k€2.15M€1.19M▼ 44.4%
Trade receivables40---€2.14M--
Other amounts receivable41---€7k--
Current investments50/53€66k€150k€194k€751k€1.50M▲ 100%
Other investments51/53---€751k--
Cash at bank and in hand54/58€72k€72k€75k€52k€144k▲ 176%
Deferred charges and accrued income490/1---€25k--
Equity and liabilities
Total equity and liabilities10/49€377k€437k€1.19M€3.06M€2.98M▼ 2.9%
Equity10/15€372k€432k€1.19M€1.48M€1.41M▼ 4.8%
Contributions10/11€8.27M€8.27M€8.27M€1.20M€1.20M=
Capital10---€1.20M--
Issued capital100---€1.20M--
Reserves13€48k€48k€48k€63k€87k▲ 38.2%
Legal reserve130---€63k--
Profit (loss) carried forward14€-9.09M€-9.03M€-8.26M€219k€124k▼ 43.3%
Amounts payable17/49€5k€4k€707€1.58M€1.56M▼ 1.1%
Amounts payable within one year42/48€5k€4k€485€1.58M€1.55M▼ 1.6%
Trade debts44€2k€709€472€748k€832k▲ 11.3%
Suppliers440/4---€748k--
Advances received on contracts in progress46---€474k--
Taxes, remuneration and social security45---€357k--
Taxes450/3---€241k--
Remuneration and social security454/9---€116k--
Accrued charges and deferred income492/3---€5k--
Line20072008200920102011Change
Profit (loss) for the period9904€81k€60k€760k€290k€479k▲ 65.4%
+ Depreciation and write-downs630---€59k€22k▼ 61.6%
Operating cash flow (approximation)€81k€60k€760k€348k€501k▲ 44.0%
Investment in fixed assets (approximation)-€0€-265€36k€-11k▼ 131%
Change in cash-€172€3k€-23k€92k▲ 497%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2012
26-04
NBB filing Annual accounts filed
fiscal year 2011 · full schema
09-03
State Gazette act General meeting · Share cancellation
Capital · Merger · Gérard INDEKEU
2011
28-07
NBB filing Annual accounts filed
fiscal year 2010 · full schema
2010
05-07
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
31-12
Financial Highest result since 2007net €760k ▲1,168%
Net result €760k, the highest in the series.
31-12
Financial Liquidity times 33current ratio 2143.76
Current ratio from 64.57 to 2143.76; short-term debt falls from €4k to €485.
31-12
Financial Equity above €1MEq €1.19M ▲176%
3 profitable years in a row build equity to €1.19M.
17-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
31-12
Financial Weakest financial yearnet €60k ▼26.2%
Net result drops to €60k, the lowest in the series.
25-07
NBB filing Annual accounts filed
fiscal year 2007 · full schema
2007
03-08
NBB filing Annual accounts filed
fiscal year 2005 · full schema · 368 days late
30-07
NBB filing Annual accounts filed
fiscal year 2006 · full schema
Show earlier events
2005
28-02
NBB filing Annual accounts filed
fiscal year 2004 · full schema
2004
22-03
NBB filing Annual accounts filed
fiscal year 2003 · full schema
2003
28-03
NBB filing Annual accounts filed
fiscal year 2002 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:GERMAINE
BE 0416.888.281merger by absorption · State Gazette act of 09-03-2012