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G & G

Active
Private limited companyfounded 201411 yrs activeLetterkundestraat 29, 2610 Antwerpen, BelgiumKBO/BCE: BE 0567.969.345

The computed 12-month bankruptcy probability of G & G is 2.8% (moderate). The 2025 annual accounts show negative equity (€-28k) and a net result of €-29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 13240 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
26 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-82
Solvency0▼-28
Growth22=
Track record100
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.67 against 1.19 in 2024; short-term debt: 117.8% and cash: 31% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-53.2%
Return on assets
-56.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
131 d late
2023
126 d late
2022
184 d late
2021
86 d late
2020
114 d late
2019
67 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Turnover
€144k▼ 5.8%
2020 · €153k
2018: €212k 2019: €228k 2020: €153k
2018 → 2021
EBIT margin
-9.3%▲ 12.3pp
2020 · -21.6%
2018: 5.4% 2019: 1.5% 2020: -21.6%
2018 → 2021
Net result
€-29k
2024 · €6k
2018: €12k 2019: €-3k 2020: €-22k 2021: €2k 2022: €340 2023: €-16k 2024: €6k
2018 → 2025
Working capital
€-20k
2024 · €7k
2018: €-2k 2019: €-24k 2020: €-30k 2021: €-20k 2022: €6k 2023: €-8k 2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€144k-
Equity€11k-€11k▲ 3.2%€-5k€2k€-28k
Operating result€-13k-€2k€-12k€8k€-28k
Net result€2k-€340▼ 82.9%€-16k€6k€-29k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2021: €-13k€-13kNet result 2021: €2k€2kOperating result 2022: €2k€2kNet result 2022: €340€340Operating result 2023: €-12k€-12kNet result 2023: €-16k€-16kOperating result 2024: €8k€8kNet result 2024: €6k€6kOperating result 2025: €-28k€-28kNet result 2025: €-29k€-29k20212022202320242025
The operating result turns negative in 2025: a loss of €28k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets €11k▼ 29.1%
Current assets €41k▼ 3.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-24k
2024 · €17k
Cash flow
€-25k
2024 · €14k
Solvency
-53.2%
2024 · 2.6%
Current ratio
0.67
2024 · 1.19
Quick ratio
0.61
2024 · 0.98
Debt / equity
-2.88
2024 · 37.30
ROA
-56.1%
2024 · 10.5%
Interest coverage
-37.34
2024 · 8.47
Debt
€80k
2024 · €57k
Debt ≤ 1 year
€62k
2024 · €36k
Debt > 1 year
€19k
2024 · €21k
Income taxes
€232
2024 · €242
Staff costs
€53k
2024 · €56k
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€58k€52k
Fixed assets21/28€16k€11k
Tangible fixed assets22/27€16k€11k
Land and buildings22€11k€9k
Plant, machinery and equipment23€4k€2k
Furniture and vehicles24€349€84
Current assets29/58€43k€41k
Stocks and contracts in progress3€8k€3k
Stocks30/36€8k€3k
Amounts receivable within one year40/41€18k€20k
Trade receivables40-€44
Other amounts receivable41€18k€20k
Cash at bank and in hand54/58€15k€16k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€58k€52k
Equity10/15€2k€-28k
Contributions10/11€19k€19k=
Reserves13€11k€11k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-28k€-57k
Amounts payable17/49€57k€80k
Amounts payable after more than one year17€21k€19k
Financial debts170/4€21k€19k
Amounts payable within one year42/48€36k€62k
Trade debts44€9k€32k
Suppliers440/4€9k€32k
Taxes, remuneration and social security45€25k€14k
Taxes450/3€9k€6k
Remuneration and social security454/9€17k€8k
Other amounts payable47/48€1k€16k
Income statement Code20242025
Remuneration, social security and pensions62€56k€53k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k
Other operating charges640/8€5k€9k
Gross operating margin9900€78k€39k
Operating profit (loss)9901€8k€-28k
Financial income75/76B€25€45
Recurring financial income75€25€45
Financial charges65/66B€2k€640
Recurring financial charges65€2k€640
Profit (loss) for the period before taxes9903€6k€-29k
Income taxes67/77€242€232
Profit (loss) for the period9904€6k€-29k
Profit (loss) for the period to be appropriated9905€6k€-29k
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-57k
Profit (loss) brought forward from the previous period14P€-34k€-28k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Weakest financial yearnet €-29k ▼577%
Net result drops to €-29k, the lowest in the series.
09-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 131 days late
2024
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
04-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 126 days late
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 184 days late
2022
31-12
Financial Liquidity doublescurrent ratio 1.23
Current ratio from 0.59 to 1.23; short-term debt falls from €50k to €27k.
25-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 86 days late
07-03
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 1680 days late
2021
31-12
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
22-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
2020
25-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 132 days late
18-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 202 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, Antwerpen · 1 establishment unit since 2014
establishment The establishment unit on the map
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.

Letterkundestraat 292610 Antwerpen
Ground area
223 m²
Building footprint
107 m²
Volume, LiDAR
933 m³
Parcel 11462A0130/00T002, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
G & G
Letterkundestraat 29, 2610 AntwerpenCafés and bars
since 20142.244.601.081
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11462A0130/00T002 Flanders 223 m² 1 · 107 m² 9.7 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Antwerpen2.244.601.081
1 permission
Toelating · Eetgelegenheid · since 24-08-2016

Similar companies · same sector, comparable size

Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,485 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-11-2014
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.