G & G DIGITAL SOLUTIONS
ActiveThe computed 12-month bankruptcy probability of G & G DIGITAL SOLUTIONS is 3.2% (moderate). The 2024 annual accounts show equity of €31k and a net result of €-2k. Equity is shrinking by ~24% per year across the filed fiscal years. Its solvency ranks better than 48% of 8969 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▲+28
Solvency78=
Growth32=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 2.21 in 2023; short-term debt: 44.2% and cash: 18.8% of total assets), and 47.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
52.6%
Return on assets
-3.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
212324
2021 to 2024 · latest year €-2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
177 d late
2021
107 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€31k▼ 6.2%
2023 · €33k
2021: €55k
2023: €33k
2021 → 2024
Total assets
€59k▼ 4.7%
2023 · €62k
2021: €157k
2023: €62k
2021 → 2024
Net result
€-2k▲ 65.9%
2023 · €-6k
2021: €53k
2023: €-6k
2021 → 2024
Working capital
€23k▼ 9.3%
2023 · €26k
2021: €47k
2023: €26k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120232024Trend
Equity€55k-€33k▼ 39.7%€31k▼ 6.2%
Operating result€75k-€-5k€-950▲ 82.7%
Net result€53k-€-6k€-2k▲ 65.9%
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 €950 in 2024 against €5k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59k
Fixed assets
€10k▼ 35.5%
Current assets
€50k▲ 5.0%
Equity and liabilities €59k
Equity
€31k▼ 6.2%
Debt
€28k▼ 3.1%
The debt ratio rises from 46.6% to 47.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▲
2023 · €1k
Cash flow
€5k▲
2023 · €506
Solvency
52.6%▼
2023 · 53.4%
Current ratio
1.89▼
2023 · 2.21
Quick ratio
1.89▼
2023 · 2.21
Debt / equity
0.90▲
2023 · 0.87
ROE
-6.6%▲
2023 · -18.1%
ROA
-3.5%▲
2023 · -9.7%
Interest coverage
22.21▲
2023 · 3.49
Debt
€28k▼
2023 · €29k
Debt ≤ 1 year
€26k▲
2023 · €21k
Debt > 1 year
€2k▼
2023 · €8k
Income taxes
€824▲
2023 · €245
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€62k€59k▼
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€10k▼
Furniture and vehicles24€14k€7k▼
Other tangible fixed assets26€1k€3k▲
Current assets29/58€47k€50k▲
Amounts receivable within one year40/41€28k€38k▲
Trade receivables40€16k€22k▲
Other amounts receivable41€12k€17k▲
Cash at bank and in hand54/58€16k€11k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€62k€59k▼
Equity10/15€33k€31k▼
Contributions10/11€2k€2k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-19k€-21k▼
Amounts payable17/49€29k€28k▼
Amounts payable after more than one year17€8k€2k▼
Financial debts170/4€8k€2k▼
Amounts payable within one year42/48€21k€26k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€14k€15k▲
Suppliers440/4€14k€15k▲
Advances received on contracts in progress46€1k€2k▲
Taxes, remuneration and social security45€836€3k▲
Taxes450/3€836€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€1k€778▼
Gross operating margin9900€2k€7k▲
Operating profit (loss)9901€-5k€-950▲
Financial charges65/66B€301€279▼
Recurring financial charges65€301€279▼
Profit (loss) for the period before taxes9903€-6k€-1k▲
Income taxes67/77€245€824▲
Profit (loss) for the period9904€-6k€-2k▲
Profit (loss) for the period to be appropriated9905€-6k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-21k▼
Profit (loss) brought forward from the previous period14P€-13k€-19k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 177 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼111%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schaarbeek · 1 establishment unit since 2020
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.
Knapenstraat 451030 SchaarbeekGround area
315 m²
Building footprint
183 m²
Volume, LiDAR
2,197 m³
2 parcels, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
G & G DIGITAL SOLUTIONS
since 20202.310.908.796
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0139/00Y014 | Brussels | 176 m² | 1 · 94 m² | 13.4 m · 4 fl. |
| 21910E0145/02C003 | Brussels | 139 m² | 1 · 89 m² | 18.5 m · 5 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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,846 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2020
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.