G.K. INT
Open bankruptcyA bankruptcy procedure is open for G.K. INT according to publications in the Belgian State Gazette; curator: CHRISTOPHE BOURTEMBOURG.
Summary
The 2023 annual accounts show equity of €168k and a net result of €77k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-05-2024, 84 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
84 d early
2022
85 d late
2021
9 d early
2020
7 d early
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€168k▲ 84.4%
2022 · €91k
2018: €9k
2019: €3k▼ -68.3% vs 2018lowest in 6 years
2020: €17k▲ +478% vs 2019
2021: €19k▲ +7.2% vs 2020
2022: €91k▲ +389% vs 2021
2023: €168k▲ +84.4% vs 2022highest in 6 years
2018 → 2023
Total assets
€183k▲ 0.2%
2022 · €183k
2018: €77k
2019: €50k▼ -35.4% vs 2018
2020: €48k▼ -3.1% vs 2019
2021: €44k▼ -8.8% vs 2020lowest in 6 years
2022: €183k▲ +317% vs 2021
2023: €183k▲ +0.2% vs 2022highest in 6 years
2018 → 2023
Net result
€77k▲ 24.8%
2022 · €62k
2018: €-3k
2019: €-10k▼ -233% vs 2018lowest in 6 years
2020: €11k▲ +218% vs 2019
2021: €1k▼ -89.0% vs 2020
2022: €62k▲ +4810% vs 2021
2023: €77k▲ +24.8% vs 2022highest in 6 years
2018 → 2023
Working capital
€165k▲ 94.1%
2022 · €85k
2018: €-6klowest in 6 years
2019: €2k▲ +139% vs 2018
2020: €17k▲ +654% vs 2019
2021: €9k▼ -45.8% vs 2020
2022: €85k▲ +830% vs 2021
2023: €165k▲ +94.1% vs 2022highest in 6 years
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€3k-€17k▲ 478%€19k▲ 7.2%€91k▲ 389%€168k▲ 84.4%
2019: €3klowest in 5 years
2020: €17k▲ +478% vs 2019
2021: €19k▲ +7.2% vs 2020
2022: €91k▲ +389% vs 2021
2023: €168k▲ +84.4% vs 2022highest in 5 years
Operating result€-10k-€12k€1k▼ 88.3%€62k▲ 4,471%€77k▲ 24.4%
2019: €-10klowest in 5 years
2020: €12k▲ +220% vs 2019
2021: €1k▼ -88.3% vs 2020
2022: €62k▲ +4471% vs 2021
2023: €77k▲ +24.4% vs 2022highest in 5 years
Net result€-10k-€11k€1k▼ 89.0%€62k▲ 4,810%€77k▲ 24.8%
2019: €-10klowest in 5 years
2020: €11k▲ +218% vs 2019
2021: €1k▼ -89.0% vs 2020
2022: €62k▲ +4810% vs 2021
2023: €77k▲ +24.8% vs 2022highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 24% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €183k
Fixed assets
€3k ▼ 52.2%
Current assets
€181k ▲ 2.0%
Equity and liabilities €183k
Equity
€168k ▲ 84.4%
Debt
€15k ▼ 83.4%
Debt's share of the balance-sheet total falls from 50.2% to 8.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2022 · €66k
Cash flow
€80k▲
2022 · €65k
Current ratio
11.85▲
2022 · 1.93
Debt to equity
0.09▼
2022 · 1.01
ROE
45.8%▼
2022 · 67.6%
ROA
42.0%▲
2022 · 33.7%
Interest coverage
315.85▲
2022 · 151.71
Debt ≤ 1 year
€15k▼
2022 · €92k
Staff costs
€35k▲
2022 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 31 lines
Balance sheet
Code20222023
Assets
Total assets20/58€183k€183k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€177k€181k▲
Amounts receivable within one year40/41€141k€140k▼
Trade receivables40€141k€140k▼
Cash at bank and in hand54/58€36k€41k▲
Equity and liabilities
Total equity and liabilities10/49€183k€183k▲
Equity10/15€91k€168k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€73k€150k▲
Amounts payable17/49€92k€15k▼
Amounts payable within one year42/48€92k€15k▼
Trade debts44€71k€8k▼
Suppliers440/4€71k€8k▼
Taxes, remuneration and social security45€19k€3k▼
Taxes450/3€19k€3k▼
Other amounts payable47/48€2k€4k▲
Income statement
Code20222023
Remuneration, social security and pensions62€33k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€100k€117k▲
Operating profit (loss)9901€62k€77k▲
Financial charges65/66B€432€254▼
Recurring financial charges65€432€254▼
Profit (loss) for the period before taxes9903€62k€77k▲
Profit (loss) for the period9904€62k€77k▲
Profit (loss) for the period to be appropriated9905€62k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€150k▲
Profit (loss) brought forward from the previous period14P€11k€73k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €33k | €35k | ▲ 6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €256 | €256 | €520 | €3k | €3k | ▼ 7.5% |
| Other operating charges640/8 | - | - | €547 | €1k | €1k | ▲ 1.3% |
| Non-recurring operating charges66A | - | - | €6k | - | - | - |
| Gross operating margin9900 | €14k | €13k | €8k | €100k | €117k | ▲ 17.1% |
| Operating profit (loss)9901 | €-10k | €12k | €1k | €62k | €77k | ▲ 24.4% |
| Financial income75/76B | - | - | €75 | - | - | - |
| Recurring financial income75 | €19 | - | €75 | - | - | - |
| Financial charges65/66B | - | - | €177 | €432 | €254 | ▼ 41.1% |
| Recurring financial charges65 | €37 | €185 | €177 | €432 | €254 | ▼ 41.1% |
| Profit (loss) for the period before taxes9903 | €-10k | €11k | €1k | €62k | €77k | ▲ 24.8% |
| Profit (loss) for the period9904 | €-10k | €11k | €1k | €62k | €77k | ▲ 24.8% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €11k | €1k | €62k | €77k | ▲ 24.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €48k | €44k | €183k | €183k | ▲ 0.2% |
| Fixed assets21/28 | €768 | €512 | €9k | €6k | €3k | ▼ 52.2% |
| Tangible fixed assets22/27 | €768 | €512 | €9k | €6k | €3k | ▼ 52.2% |
| Furniture and vehicles24 | - | - | €9k | €6k | €3k | ▼ 52.2% |
| Current assets29/58 | €49k | €48k | €34k | €177k | €181k | ▲ 2.0% |
| Amounts receivable within one year40/41 | €39k | €12k | €11k | €141k | €140k | ▼ 0.7% |
| Trade receivables40 | - | - | €10k | €141k | €140k | ▼ 0.7% |
| Other amounts receivable41 | - | - | €547 | - | - | - |
| Cash at bank and in hand54/58 | €10k | €35k | €24k | €36k | €41k | ▲ 12.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €48k | €44k | €183k | €183k | ▲ 0.2% |
| Equity10/15 | €3k | €17k | €19k | €91k | €168k | ▲ 84.4% |
| Contributions10/11 | €16k | - | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-13k | €-1k | €47 | €73k | €150k | ▲ 106% |
| Amounts payable17/49 | €47k | €31k | €25k | €92k | €15k | ▼ 83.4% |
| Amounts payable within one year42/48 | €47k | €31k | €25k | €92k | €15k | ▼ 83.4% |
| Trade debts44 | €39k | €22k | €21k | €71k | €8k | ▼ 88.7% |
| Suppliers440/4 | - | - | €21k | €71k | €8k | ▼ 88.7% |
| Taxes, remuneration and social security45 | - | - | €5k | €19k | €3k | ▼ 83.4% |
| Taxes450/3 | - | - | €5k | €19k | €3k | ▼ 83.4% |
| Other amounts payable47/48 | - | - | - | €2k | €4k | ▲ 161% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €11k | €1k | €62k | €77k | ▲ 24.8% |
| + Depreciation and write-downs630 | €256 | €256 | €520 | €3k | €3k | ▼ 7.5% |
| Operating cash flow (approximation) | €-9k | €12k | €2k | €65k | €80k | ▲ 23.1% |
| Investment in fixed assets (approximation) | - | €0 | €-10k | €0 | €0 | - |
| Change in cash | - | €26k | €-12k | €13k | €5k | ▼ 64.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
12-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-11-2024
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €77k ▲24.8%
Operating result €77k, net result €77k, both a record.
31-12
Financial
Liquidity times 6current ratio 11.85
Current ratio from 1.93 to 11.85; short-term debt falls from €92k to €15k.
31-12
Financial
Equity above €150kEq €168k ▲84.4%
4 profitable years in a row build equity to €168k.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2017
Ground area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
176
companies at this address
See who is registered here
1 establishment unit
G.K. INT
since 20172.270.845.620
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
04-11-2024 → present |
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 642 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
47789Other retail sale of new goods
49330On-demand passenger transport by chauffeured vehicle
Scores and ratios are computed by Checked and are not a credit decision.