G.D.C.
ActiveG.D.C. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.97M and a net result of €230k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-13
Solvency43▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.19 in 2024; short-term debt: 7.3% and cash: 0.8% of total assets), and 81.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.4%
Return on assets
2.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
11 d late
2023
16 d late
2022
27 d late
2021
16 d late
2020
27 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€230k▼ 34.0%
2024 · €348k
2019: €115k
2020: €129k
2021: €-322k
2022: €370k
2023: €286k
2024: €348k
2019 → 2025
Working capital
€-642k▼ 1.5%
2024 · €-633k
2019: €-627k
2020: €-649k
2021: €-710k
2022: €-757k
2023: €-669k
2024: €-633k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€452k-€825k▲ 82.4%€1.11M▲ 34.7%€1.46M▲ 31.3%€1.97M▲ 34.8%
Operating result€-187k-€504k€475k▼ 5.7%€586k▲ 23.3%€454k▼ 22.5%
Net result€-322k-€370k€286k▼ 22.7%€348k▲ 21.7%€230k▼ 34.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.69M
Fixed assets
€10.55M▲ 10.2%
Current assets
€142k▼ 5.1%
Equity and liabilities €10.69M
Equity
€1.97M▲ 34.8%
Provisions
€110k▲ 133%
Debt
€8.61M▲ 4.8%
The debt ratio falls from 84.5% to 80.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€829k▼
2024 · €938k
Cash flow
€605k▼
2024 · €699k
Solvency
18.4%▲
2024 · 15.0%
Current ratio
0.18▼
2024 · 0.19
Quick ratio
0.18▼
2024 · 0.19
Debt / equity
4.38▼
2024 · 5.63
ROE
11.7%▼
2024 · 23.9%
ROA
2.1%▼
2024 · 3.6%
Interest coverage
3.85▼
2024 · 5.22
Debt
€8.61M▲
2024 · €8.22M
Debt ≤ 1 year
€785k▲
2024 · €783k
Debt > 1 year
€7.76M▲
2024 · €7.37M
Income taxes
€79k▼
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9.72M€10.69M▲
Fixed assets21/28€9.57M€10.55M▲
Tangible fixed assets22/27€8.23M€9.20M▲
Land and buildings22€8.20M€9.20M▲
Other tangible fixed assets26€770€552▼
Assets under construction and advance payments27€22k-
Financial fixed assets28€1.35M€1.35M=
Current assets29/58€150k€142k▼
Amounts receivable within one year40/41€38k€39k▲
Trade receivables40€27k€22k▼
Other amounts receivable41€11k€17k▲
Cash at bank and in hand54/58€97k€85k▼
Deferred charges and accrued income490/1€15k€18k▲
Equity and liabilities
Total equity and liabilities10/49€9.72M€10.69M▲
Equity10/15€1.46M€1.97M▲
Contributions10/11€20k€20k=
Reserves13€112k€328k▲
Tax-exempt reserves132€112k€328k▲
Profit (loss) carried forward14€1.33M€1.62M▲
Provisions and deferred taxes16€47k€110k▲
Deferred taxes168€47k€110k▲
Amounts payable17/49€8.22M€8.61M▲
Amounts payable after more than one year17€7.37M€7.76M▲
Financial debts170/4€6.78M€7.69M▲
Other amounts payable178/9€586k€72k▼
Amounts payable within one year42/48€783k€785k▲
Current portion of amounts payable after more than one year42€628k€698k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€66k€5k▼
Taxes450/3€66k€5k▼
Other amounts payable47/48€85k€75k▼
Accrued charges and deferred income492/3€66k€71k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€351k€375k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-662€153▲
Other operating charges640/8€80k€84k▲
Gross operating margin9900€1.02M€913k▼
Operating profit (loss)9901€586k€454k▼
Financial income75/76B€45k€40k▼
Recurring financial income75€45k€40k▼
Financial charges65/66B€179k€215k▲
Recurring financial charges65€179k€215k▲
Profit (loss) for the period before taxes9903€452k€279k▼
Transfer from deferred taxes780€3k€30k▲
Income taxes67/77€107k€79k▼
Profit (loss) for the period9904€348k€230k▼
Transfer from tax-exempt reserves789€6k€62k▲
Profit (loss) for the period to be appropriated9905€354k€292k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.33M€1.62M▲
Profit (loss) brought forward from the previous period14P€972k€1.33M▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
State Gazette act
Capital & shares · RestructuringGeneral meeting · Merger · Dissolution14 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Merger · Dissolution14 facts ▸
- General meeting, 2025-12-30
- Merger, 2025-12-30
- Merger, 2025-12-30
- Dissolution, 2025-12-30
- Dissolution, 2025-12-30
- Net-asset statement, 2025-09-30
- Net-asset statement, 2025-09-30
- Real estate, Immeubles sis COMMUNE DE MARCHE-EN-FAMENNE, PREMIERE DIVISION, MARCHE
- Real estate, Immeubles sis sur: COMMUNE DE CINEY ... COMMUNE DE ANDENNE - PREMIERE DIVISION - ANDENNE
- Accounting effect, 2025-09-30
- Power of attorney
- Merger condition, Aucune attribution d'actions - toutes les actions des sociétés absorbées étant détenues par la société absorbante (art. 12:34 §2 CSA)
- +2 further facts in this act
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 11 days late
2024
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 16 days late
2023
30-06
Financial
Equity above €1MEq €1.11M ▲34.7%
2 profitable years in a row build equity to €1.11M.
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 27 days late
2022
30-06
Financial
Back to profitnet €370k
Net result €370k after one loss-making year.
30-06
Financial
Equity above €500kEq €825k ▲82.4%
Equity rises from €452k to €825k.
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
30-06
Financial
Weakest financial yearnet €-322k ▼351%
Net result drops to €-322k, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
01-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-10-2020
Resigned as Managing director
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Albert 1er 975000 NamurGround area
1,172 m²
Building footprint
93 m²
Volume, LiDAR
616 m³
Parcel 92094B0311/00Z005, Wallonia · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Albert 1er 97, 5000 Namur
since 19982.088.053.969
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094B0311/00Z005 | Wallonia | 1,172 m² | 1 · 93 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
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.
Structure & network
Acquisitions and mergers
2 transactionsTook over:Société d'Investissement, de Gestion et d'Informatique Marchoise
Took over:W-IMM
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,640 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-1998
Fiscal year end30-06
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.