G et V ASSOCIATE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €1k and a net result of €-34k. Its solvency ranks better than 19% of 991 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability0▼-22
Solvency28▼-58
Growth32
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
3.3%
Return on assets
-110.4%
Age of the figures
77 mo
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · No filing for years
The last filed financial year closed on 30-04-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-04-2021 close30-11-2021 deadline18-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2020 was due by 30-11-2020 and was filed on 27-11-2020, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
3 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€1k▼ 99.6%
2019 · €284k
2019: €284k
2019 → 2020
Total assets
€31k▼ 93.4%
2019 · €468k
2019: €468k
2019 → 2020
Net result
€-34k▼ 20.4%
2019 · €-28k
2019: €-28k
2019 → 2020
Working capital
€5k▼ 98.1%
2019 · €274k
2019: €274k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€284k-€1k▼ 99.6%
Operating result€-28k-€-34k▼ 22.3%
Net result€-28k-€-34k▼ 20.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2020 against €28k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €31k
Fixed assets
€6k▼ 37.9%
Current assets
€24k▼ 94.7%
Equity and liabilities €31k
Equity
€1k▼ 99.6%
Debt
€30k▼ 83.8%
The debt ratio rises from 39.3% to 96.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-30k▼
2019 · €-23k
Cash flow
€-30k▼
2019 · €-24k
Solvency
3.3%▼
2019 · 60.7%
Current ratio
1.27▼
2019 · 2.49
Quick ratio
1.27▼
2019 · 2.49
ROA
-110.4%▼
2019 · -6.0%
Debt
€30k▼
2019 · €184k
Debt ≤ 1 year
€19k▼
2019 · €184k
A ratio outside any meaningful range has been withheld (balance sheet total €31k, equity €1k).
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€468k€31k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Financial fixed assets28€265€265=
Current assets29/58€458k€24k▼
Amounts receivable within one year40/41€223k€9k▼
Cash at bank and in hand54/58€36k€15k▼
Equity and liabilities
Total equity and liabilities10/49€468k€31k▼
Equity10/15€284k€1k▼
Contributions10/11€62k€62k=
Reserves13€688€688=
Profit (loss) carried forward14€-28k€-62k▼
Amounts payable17/49€184k€30k▼
Amounts payable within one year42/48€184k€19k▼
Trade debts44€146k€1k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Gross operating margin9900€-23k€-16k▲
Operating profit (loss)9901€-28k€-34k▼
Recurring financial income75-€4
Recurring financial charges65€658€272▼
Profit (loss) for the period before taxes9903€-28k€-34k▼
Profit (loss) for the period9904€-28k€-34k▼
Profit (loss) for the period to be appropriated9905€-28k€-34k▼
Timeline · acts, filings and financial milestones
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
22-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
27-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
26-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
13-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
27-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 27 days late
2011
18-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 1994
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.
Rue Palau 141410 WaterlooGround area
3,108 m²
Building footprint
713 m²
Volume, LiDAR
3,801 m³
2 parcels, Wallonia · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G & V ASSOCIATE
since 19942.065.634.695
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110S0379/00M004 | Wallonia | 1,835 m² | 1 · 160 m² | 11.1 m · 2 fl. |
| 25014N0025/00M000 | Wallonia | 1,273 m² | 1 · 553 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Grafiek
BE 0439.293.006
Leuven · Eq €1k
DIMACO GROUP
BE 0669.972.664
Lubbeek · Eq €934
FLORKEY
BE 0871.354.958
Theux · Eq €921
MES PETITS PAPIERS
BE 0816.564.806
Beauvechain · Eq €1k
Danimy
BE 0480.082.890
Diepenbeek · Eq €1k
Of 2,856 companies in sector 18130 we hold annual accounts for 831. 100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-10-1993
Fiscal year end30-04
Activities, NACEBEL
18130Pre-press and pre-media services
22240
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.