G-Cycles
The computed 12-month bankruptcy probability of G-Cycles is 3.1% (moderate). The 2024 annual accounts show equity of €241k and a net result of €-2k. Equity is growing by ~11.2% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €241k |
| Net result | €-2k |
| Active | 5 yrs |
| Publications | 2 |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €38k |
| Net profit | €-2k |
| Cash flow | €32k |
| Staff costs | €23 |
| Income taxes | €143 |
| Dividends | - |
| Total assets | €522k |
| Equity | €241k |
| Debt | €281k |
| of which ≤ 1y | €155k |
| of which > 1y | €126k |
| Working capital | €336k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.17 |
| Quick ratio | 1.26 |
| Working capital ratio | 64.4% |
| Solvency | 46.2% |
| Debt / equity | 1.16 |
| Long-term debt ratio | 0.52 |
| Interest coverage | 3.20 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.3% |
| ROE | -0.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €522k |
| Fixed assets | 21/28 | €31k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €27k |
| Current assets | 29/58 | €491k |
| Stocks & contracts in progress | 3 | €295k |
| Amounts receivable within one year | 40/41 | €154k |
| Cash & bank | 54/58 | €28k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €522k |
| Equity | 10/15 | €241k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €233k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €281k |
| Amounts payable after one year | 17 | €126k |
| Amounts payable within one year | 42/48 | €155k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €41k |
| Operating result | 9901 | €4k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-1k |
| Income taxes | 67/77 | €143 |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 18-12-2020 |
| Status | Active |
| Postal code | 9500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41041B0630/00S000 | Flanders | 915 m² | 1 · 282 m² | 11.6 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-05-2026 Notarial deed · General meeting · Dissolution · Liquidation
- Publication: 2026-05-04 · G-CYCLES
- Filing: 2026-04-15 · G-CYCLES
- Notarial deed: 2026-03-31 · G-CYCLES
- General meeting: 2026-03-31 · G-CYCLES
- Dissolution: 2026-03-31 · G-CYCLES
- Liquidation: 2026-03-31 · G-CYCLES
- Auditor report: 2026-03-30 · G-CYCLES
- Dissolution balance sheet: 2026-03-30 · G-CYCLES
- Officer discharge: 2026-03-31 · G-CYCLES
- Officer resignation: 2026-03-31 · G-CYCLES
- Dissolution: 2026-03-31 · G-CYCLES
- Power of attorney: 2026-03-31 · G-CYCLES
- Act object: VERVROEGDE ONTBINDING - INVEREFFENINGSTELLING - SLUITING
- Power of attorney: role: notaris · G-CYCLES
- Power of attorney: role: gecertificeerd accountant · G-CYCLES
- Power of attorney: role: bestuurder · G-CYCLES
Technical details
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}22-12-2020 Incorporation of a new BV
Technical details
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"incorporation_date": "2020-12-18",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | G-Cycles |