G - FORCE
ActiveG - FORCE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €118k and a net result of €21k. Equity is shrinking by ~39.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 88% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+14
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 7.06 against 8.1 in 2023; short-term debt: 13.5% and cash: 85.1% of total assets), and 13.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €118k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
2 d early
2022
26 d early
2021
25 d early
2020
59 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€118k▲ 22.2%
2023 · €96k
2018: €515k
2019: €256k
2020: €185k
2021: €78k
2022: €91k
2023: €96k
2018 → 2024
Total assets
€136k▲ 26.0%
2023 · €108k
2018: €826k
2019: €547k
2020: €307k
2021: €188k
2022: €104k
2023: €108k
2018 → 2024
Net result
€21k▲ 340%
2023 · €5k
2018: €18k
2019: €11k
2020: €-51k
2021: €-56k
2022: €13k
2023: €5k
2018 → 2024
Working capital
€111k▲ 33.7%
2023 · €83k
2018: €609k
2019: €204k
2020: €144k
2021: €57k
2022: €67k
2023: €83k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€185k-€78k▼ 57.6%€91k▲ 16.3%€96k▲ 5.3%€118k▲ 22.2%
Operating result€-50k-€-52k▼ 4.2%€11k€5k▼ 54.0%€24k▲ 360%
Net result€-51k-€-56k▼ 11.5%€13k€5k▼ 62.2%€21k▲ 340%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 360% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132k
Fixed assets
€3k▼ 63.4%
Current assets
€129k▲ 36.5%
Equity and liabilities €136k
Equity
€118k▲ 22.2%
Debt
€18k▲ 56.7%
The debt ratio rises from 10.8% to 13.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2023 · €16k
Cash flow
€28k▲
2023 · €16k
Solvency
86.5%▼
2023 · 89.2%
Current ratio
7.06▼
2023 · 8.10
Quick ratio
7.06▼
2023 · 7.92
Debt / equity
0.16▲
2023 · 0.12
ROE
18.2%▲
2023 · 5.0%
ROA
15.7%▲
2023 · 4.5%
Interest coverage
67.44▲
2023 · 40.87
Debt
€18k▲
2023 · €12k
Debt ≤ 1 year
€18k▲
2023 · €12k
Income taxes
€2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€108k€136k▲
Formation expenses20€5k€4k▼
Fixed assets21/28€8k€3k▼
Tangible fixed assets22/27€8k€3k▼
Plant, machinery and equipment23€5k€0▼
Furniture and vehicles24€0-
Other tangible fixed assets26€4k€3k▼
Current assets29/58€95k€129k▲
Stocks and contracts in progress3€2k€0▼
Stocks30/36€2k€0▼
Amounts receivable within one year40/41€6k€14k▲
Trade receivables40€33€12k▲
Other amounts receivable41€6k€1k▼
Cash at bank and in hand54/58€86k€116k▲
Equity and liabilities
Total equity and liabilities10/49€108k€136k▲
Equity10/15€96k€118k▲
Contributions10/11€20k€20k=
Reserves13€76k€98k▲
Distributable reserves133€76k€98k▲
Amounts payable17/49€12k€18k▲
Amounts payable within one year42/48€12k€18k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€9k€13k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k▼
Other operating charges640/8€602€623▲
Gross operating margin9900€17k€31k▲
Operating profit (loss)9901€5k€24k▲
Financial income75/76B€36€0▼
Recurring financial income75€36€0▼
Financial charges65/66B€398€453▲
Recurring financial charges65€398€453▲
Profit (loss) for the period before taxes9903€5k€24k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€5k€21k▲
Profit (loss) for the period to be appropriated9905€5k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€21k▲
Transfer to equity691/2€5k€21k▲
To other reserves6921€5k€21k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2018net €21k ▲340%
Net result €21k, the highest in the series.
31-12
Financial
Equity above €100kEq €118k ▲22.2%
3 profitable years in a row build equity to €118k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 6.10
Current ratio from 1.55 to 6.10; short-term debt falls from €102k to €13k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 59 days late
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Beerse · 1 establishment unit since 2009
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.
Rode-Kruisstraat 332340 BeerseGround area
560 m²
Building footprint
112 m²
Volume, LiDAR
582 m³
Parcel 13004C0270/00M000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G-FORCE
since 20092.181.036.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0270/00M000 | Flanders | 560 m² | 1 · 112 m² | 10.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 15,000 EUR awarded · 15,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 15,000 EUR | 15,000 EUR |
Schemes
Globalisatiemechanisme (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
5493004QSIJV8E7F7E11
Similar companies · same sector, comparable size
VANDEWOUDE
BE 0423.536.741
Aalst · Eq €118k
Reijnen Textiel digitaal
BE 0422.135.288
Lille · Eq €118k
GYSEMANS COORDINATORS
BE 0439.079.309
Rotselaar · Eq €116k
APRINTEX
BE 0890.058.043
Kortrijk · Eq €115k
CORBEL
BE 0426.578.779
Erpe-Mere · Eq €113k
Of 687 companies in sector 46412 we hold annual accounts for 517. 392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-1996
Fiscal year end31-12
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
46425Wholesale trade
46442Wholesale trade
46496Wholesale trade
47120Other non-specialised retail sale
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47910Retail trade
51476
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.