Equity
€141,701 from €312,452 in 2021
Equity fell by 55% in 4 years.
G.K. SPRL
Lifetime
18 annual accounts with figures on one time axispeak €395,621 (2014)
€141,465▼ 23.7%
lowest -€88,501 (2025)
-€88,501▼ €14,088
peak €312,452 (2021)
€141,701▼ 38.4%
€529,119▲ 9.8%
peak 8.4 FTE (2010)
5.1 FTE▼ 20.3%
Board1 name since 2007
1 directorG.C
Owners2 names in the annual accounts
99%Gurkan Cekic and 1 other
Documentsfilings and deeds
24-08-202624 days late
2025abbreviated format
Gross margin from €185,303 to €141,465Loss of €88,501Staff from 6.4 FTE to 5.1 FTEEquity from €230,203 to €141,701
Key points
from the 2025 annual accountsLosses
-€162,915 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€529,119 79% of the balance sheet
Financial debts 8%Suppliers 72%Taxes and wages 4%Other 16%
Of this, €441,236 falls due within a year.
Staff
5 employees on 31-12-2025
In 2025, 6 people joined and 10 left.
Filings
18 annual accounts since 2008
Ten of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.
Position in the sector
-€88,501
Lower net result than 94% of companies in retail trade. Sector median €27,425 · 12,844 companies.
Checked score
52
Fair
Financially stronger than 21% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.3 percentage points vs 06-2025
08-2025: 1.1%▲ +0.4 percentage points vs 07-2025
09-2025: 1.3%▲ +0.2 percentage points vs 08-2025
10-2025: 1.8%▲ +0.5 percentage points vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.9%▲ +0.1 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 2.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.9%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.0%▲ +0.1 percentage points vs 06-2026
08-2026: 3.0%▲ +1.0 percentage point vs 07-2026highest value
09-2026: 1.9%▼ -1.1 percentage points vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €88,501, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
Equity €141,701 (21.1% of total assets)
lowers risk
Figures for financial year 2025 (filed on 26-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 37% of them on solvency, 19% on liquidity, 14% on profitability and 13% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as G.K. SPRL has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of G.K. SPRL itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,294 companies, not a prediction for G.K. SPRL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14 (1.31 in 2024), below the usual 1.5. Short-term debt is 65.8% and cash 4% of total assets. 78.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€88,501
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
24 days late
2024
25 days late
2023
6 days late
2022
23 days late
2021
23 days late
2020
23 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Gurkan Cekic 99%annual accounts 2025
- G.C 1%score 67equity €988,429 (2025) · annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893515696
Appointment: SRL G.C. (director)
General meeting of 02-08-2022 · Gazette deed
Incorporation
published on 28-11-2007 · Gazette deed
First establishment
GB Express, Koningsstraat 179, Saint-Josse-ten-Noode
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| G.K. SPRL Saint-Josse-ten-Noode | €670,821 | €141,465 | 21.1% | 5.1 |
| EXPRESS CAVELL Uccle | €564,298 | €199,053 | 11.4% | 6.2 |
| SILIDIS Silly | €897,872 | €184,808 | 47.3% | 5.4 |
| ALSEVKER Zaventem | €669,328 | €226,735 | 17.5% | 4 |
| LOUIS BESSELING DISTRIBUTION Vaux-sur-Sûre | €536,453 | €234,657 | 35.8% | 4.7 |
| SITAGENCY Courcelles | €405,434 | €115,346 | -60.8% | 5.6 |
| SINGH & SONS Knokke-Heist | €474,467 | €170,514 | 44.5% | 4 |
These companies have the same main activity as G.K. SPRL: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €405,000 and €898,000, founded between 2005 and 2010.
Official details
Source: KBO- Status
- Active since 16-11-2007Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.168.296.5271210 Saint-Josse-ten-Noode, since 16-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- ≈ €1.2mestimated
- €670,821▼ 5.8%
- Employeeson 31-12-2025
- 5▼ 44.4%
- Filing
- Filed on 24-08-2026
Insights on G.K. SPRL
G.K. SPRL files the abbreviated format. That format states no turnover. The gross margin fell from €254,167 in 2008 to €141,465 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about G.K. SPRL
- What is the company number of G.K. SPRL?
- The company number of G.K. SPRL is 0893.515.696. The VAT number is the same number with BE in front: BE 0893.515.696.
- Where is G.K. SPRL based?
- The registered office is at Koningsstraat 179, 1210 Saint-Josse-ten-Noode.Company details
- What does G.K. SPRL do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of G.K. SPRL?
- G.K. SPRL is a private limited company (pre-2019) (BVBA).
- When was G.K. SPRL founded?
- G.K. SPRL was founded on 16-11-2007.
- Is G.K. SPRL still active?
- Yes, G.K. SPRL is an active enterprise in the KBO register.
- How many employees does G.K. SPRL have?
- G.K. SPRL had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of G.K. SPRL?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €141,465 and 32 comparable companies (NACE 47110). It probably lies between €930,000 and €1.7m.
- Is G.K. SPRL profitable?
- In financial year 2025, G.K. SPRL made a loss of €88,501.
- Where can I find the annual accounts of G.K. SPRL?
- G.K. SPRL filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of G.K. SPRL due?
- G.K. SPRL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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