G-GROUP PROJECT
Open bankruptcyA bankruptcy procedure is open for G-GROUP PROJECT according to publications in the Belgian State Gazette; curator: MARC-ALAIN SPEIDEL. The 2025 annual accounts show negative equity (€-6k) and a net result of €-46k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 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
33 d late
2024
40 d late
2023
30 d late
2022
108 d late
2021
61 d late
2020
115 d late
2019
28 d late
← 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€23k▼ 62.4%
2018 · €62k
2018: €62k
2018 → 2019
EBIT margin
5.7%▼ 27.6pp
2018 · 33.3%
2018: 33.3%
2018 → 2019
Net result
€-46k
2024 · €2k
2018: €20k
2019: €866
2020: €2k
2021: €4k
2022: €5k
2023: €1k
2024: €2k
2018 → 2025
Working capital
€-11k
2024 · €22k
2018: €7k
2019: €13k
2020: €14k
2021: €20k
2022: €20k
2023: €19k
2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€25k▲ 23.7%€26k▲ 5.2%€28k▲ 8.7%€-6k
Operating result€4k-€7k▲ 95.9%€2k▼ 72.2%€1k▼ 43.3%€-46k
Net result€4k-€5k▲ 46.4%€1k▼ 75.3%€2k▲ 78.5%€-46k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €46k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€5k▼ 7.7%
Current assets
€50k▲ 77.3%
Key figures and ratios
EBITDA
€-46k▼
2024 · €2k
Cash flow
€-46k▼
2024 · €3k
Solvency
-10.1%▼
2024 · 82.1%
Current ratio
0.82▼
2024 · 4.61
Quick ratio
0.82▼
2024 · 4.61
Debt / equity
-10.89▼
2024 · 0.22
ROA
-83.0%▼
2024 · 6.6%
Interest coverage
-235.75▼
2024 · 8.71
Debt
€61k▲
2024 · €6k
Debt ≤ 1 year
€61k▲
2024 · €6k
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€34k€56k▲
Formation expenses20€580€434▼
Fixed assets21/28€5k€5k▼
Tangible fixed assets22/27€458€39▼
Plant, machinery and equipment23€458€39▼
Financial fixed assets28€5k€5k=
Current assets29/58€28k€50k▲
Amounts receivable within one year40/41€28k€37k▲
Trade receivables40€8k€37k▲
Other amounts receivable41€20k€646▼
Cash at bank and in hand54/58€486€13k▲
Equity and liabilities
Total equity and liabilities10/49€34k€56k▲
Equity10/15€28k€-6k▼
Contributions10/11€6k€19k▲
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€20k€-26k▼
Amounts payable17/49€6k€61k▲
Amounts payable within one year42/48€6k€61k▲
Trade debts44€4k€20k▲
Suppliers440/4€4k€20k▲
Taxes, remuneration and social security45€268-
Taxes450/3€268-
Other amounts payable47/48€2k€41k▲
Income statement
Code20242025
Non-recurring operating income76A€806-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€565€565=
Other operating charges640/8€737€799▲
Gross operating margin9900€2k€-45k▼
Operating profit (loss)9901€1k€-46k▼
Financial charges65/66B€198€193▼
Recurring financial charges65€198€193▼
Profit (loss) for the period before taxes9903€962€-46k▼
Income taxes67/77€-1k-
Profit (loss) for the period9904€2k€-46k▼
Profit (loss) for the period to be appropriated9905€2k€-46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€-26k▼
Profit (loss) brought forward from the previous period14P€18k€20k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · G-GROUP PROJECT SRL AVENUE REINE ASTRID(W-B) 16, 1440 BRAINE-LE-CHATEAU · event 10-09-2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2025
31-12
Financial
Weakest financial yearnet €-46k ▼2137%
Net result drops to €-46k, the lowest in the series.
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.11
Current ratio from 1.56 to 5.11; short-term debt falls from €35k to €5k.
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 108 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Liquidity times 24current ratio 30.28
Current ratio from 1.25 to 30.28; short-term debt falls from €28k to €439.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 34 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 50 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Braine-le-Château · 1 establishment unit since 2008
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.
Avenue Reine Astrid(W-B) 161440 Braine-le-ChâteauGround area
8,368 m²
Building footprint
1,655 m²
Volume, LiDAR
7,831 m³
2 parcels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Route d'Ottignies 27, 1380 Lasne
since 20082.169.468.940
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0606/00Z002 | Wallonia | 5,350 m² | 1 · 1,402 m² | 7.0 m · 2 fl. |
| 25051G0098/00G000 | Wallonia | 3,018 m² | 1 · 253 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARC-ALAIN SPEIDEL CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
10-09-2026 → present |
Similar companies · same sector, comparable size
PERI ET RAY
BE 0438.211.257
Visé · Eq €28k
GENTLE
BE 0450.125.629
Heusden-Zolder · Eq €28k
CHABCA
BE 1026.704.220
Lasne · Eq €28k
SECOND SKIN PEOPLE
BE 0878.607.291
Watermaal-Bosvoorde · Eq €28k
Connect Your Dots
BE 0568.893.815
Mechelen · Eq €28k
Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 2,801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2008
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.