Financials
- Fiscal year
- 2024
- Total assets
- €171,454
- Profit
- €7,305
- Solvency
- 49.0%
Total assets▲ 4.8%
Net result
20182024
G.G.L.
ActiveSummary
The computed 12-month bankruptcy probability of G.G.L. is 1.7% (moderate). The 2024 annual accounts show equity of €84,043 and a net result of €7,305. Equity is growing by ~103.9% per year across the filed fiscal years. The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€171,454total assets 2024
- Equity
- €84,043
- Profit
- €7,305
Turnover not published (abridged schema)
Structure
Accounts 66 d overdue0 of 4 deeds read
Why 55- Figures for FY 2024 (filed 08-08-2025)- Profit of €7,305 (FY 2024)+ Size: total assets €171,454+ Founded in 1990Show the evidence
Checked score
Score 2024
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
74+2
equity 49.0% of total assets
Liquidity
26-7
short-term debt 50.0% · cash 1.2%
Profitability
74-7
return on assets 4.3%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● 0.0% vs 11-2024
01-2025: 0.2%▼ -2.2% vs 12-2024lowest value
02-2025: 0.2%▲ +1.1% vs 01-2025
03-2025: 0.2%▼ -1.1% vs 02-2025lowest value
04-2025: 0.2%▲ +3.3% vs 03-2025
05-2025: 0.2%▲ +1.1% vs 04-2025
06-2025: 0.2%▲ +12.7% vs 05-2025
07-2025: 0.3%▲ +32.4% vs 06-2025
08-2025: 0.5%▲ +60.6% vs 07-2025
09-2025: 0.4%▼ -15.5% vs 08-2025
10-2025: 0.4%● 0.0% vs 09-2025
11-2025: 0.4%● 0.0% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%▼ -1.8% vs 12-2025
02-2026: 0.4%● 0.0% vs 01-2026
03-2026: 0.4%▲ +6.1% vs 02-2026
04-2026: 0.4%▲ +2.0% vs 03-2026
05-2026: 0.4%▲ +0.7% vs 04-2026
06-2026: 0.5%▲ +12.0% vs 05-2026
07-2026: 0.5%▲ +10.7% vs 06-2026
08-2026: 0.9%▲ +85.8% vs 07-2026
09-2026: 1.1%▲ +16.6% vs 08-2026
10-2026: 1.7%▲ +58.8% vs 09-2026highest value
- Figures for FY 2024 (filed 08-08-2025) raises the probability
- Size: total assets €171,454 lowers the probability for this profile
- Founded in 1990 lowers the probability for this profile
- Profit of €7,305 (FY 2024) raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.1 in 2023; short-term debt: 50% and cash: 1.2% of total assets), and 51% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 44%, liquidity 15%, profitability 56%, growth against the median 67%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 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 filingsDeviation from the deadline
2025
not confirmed
2024
7 d late
2023
57 d late
2022
4 d early
2021
11 d early
2020
58 d late
2019
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2017
- 07-08-2025Annual accounts filed
- 26-09-2024Annual accounts filed
- 27-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 19-07-1990
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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