G-K-S
ActiveG-K-S has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-47k) and a net result of €14k. Equity is shrinking by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+58
Solvency19▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.8 against 1.73 in 2024; short-term debt: 52.5% and cash: 3.8% of total assets), but equity is negative.
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 27559 sector peers (2025).
NBB · sector comparisonPosition among 27559 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
53 d early
2024
16 d early
2023
5 d early
2022
33 d early
2021
9 d early
2020
31 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-47k▲ 23.2%
2024 · €-61k
2020: €-6k
2021: €6k
2022: €-44k
2023: €-32k
2024: €-61k
2020 → 2025
Total assets
€741k▲ 12.8%
2024 · €657k
2020: €76k
2021: €93k
2022: €534k
2023: €291k
2024: €657k
2020 → 2025
Net result
€14k
2024 · €-29k
2020: €-5k
2021: €12k
2022: €-50k
2023: €12k
2024: €-29k
2020 → 2025
Working capital
€311k▲ 22.6%
2024 · €253k
2020: €-12k
2021: €23k
2022: €-24k
2023: €-53k
2024: €253k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€-44k€-32k▲ 27.5%€-61k▼ 93.2%€-47k▲ 23.2%
Operating result€14k-€-49k€21k€-29k€14k
Net result€12k-€-50k€12k€-29k€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €29k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €741k
Fixed assets
€41k▼ 25.8%
Current assets
€700k▲ 16.3%
Key figures and ratios
EBITDA
€28k▲
2024 · €-9k
Cash flow
€28k▲
2024 · €-9k
Solvency
-6.3%▲
2024 · -9.3%
Current ratio
1.80▲
2024 · 1.73
Quick ratio
0.16▼
2024 · 0.18
Debt / equity
-16.83▼
2024 · -11.78
ROA
1.9%▲
2024 · -4.5%
Interest coverage
108.64▲
2024 · -25.84
Debt
€788k▲
2024 · €718k
Debt ≤ 1 year
€389k▲
2024 · €349k
Debt > 1 year
€399k▲
2024 · €370k
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€657k€741k▲
Fixed assets21/28€55k€41k▼
Tangible fixed assets22/27€55k€41k▼
Land and buildings22€34k€29k▼
Plant, machinery and equipment23€602€200▼
Furniture and vehicles24€20k€12k▼
Current assets29/58€602k€700k▲
Stocks and contracts in progress3€541k€636k▲
Stocks30/36€541k€636k▲
Amounts receivable within one year40/41€25k€35k▲
Trade receivables40€23k€34k▲
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€37k€28k▼
Equity and liabilities
Total equity and liabilities10/49€657k€741k▲
Equity10/15€-61k€-47k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€-61k€-47k▲
Amounts payable17/49€718k€788k▲
Amounts payable after more than one year17€370k€399k▲
Financial debts170/4€370k€399k▲
Amounts payable within one year42/48€349k€389k▲
Current portion of amounts payable after more than one year42€589-
Trade debts44€630€13k▲
Suppliers440/4€630€13k▲
Taxes, remuneration and social security45€3k€23k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9-€16k
Other amounts payable47/48€345k€353k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€14k▼
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€117-
Gross operating margin9900€-6k€31k▲
Operating profit (loss)9901€-29k€14k▲
Financial income75/76B€29€428▲
Recurring financial income75€29€428▲
Non-recurring financial income76B-€428
Financial charges65/66B€352€259▼
Recurring financial charges65€352€259▼
Profit (loss) for the period before taxes9903€-29k€14k▲
Income taxes67/77€60-
Profit (loss) for the period9904€-29k€14k▲
Profit (loss) for the period to be appropriated9905€-29k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-47k▲
Profit (loss) brought forward from the previous period14P€-32k€-61k▼
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
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.73
Current ratio from 0.80 to 1.73.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-50k ▼510%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.48
Current ratio from 0.64 to 2.48; short-term debt falls from €32k to €16k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Essen · 1 establishment unit since 2018
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.
Noordeneind 192910 EssenGround area
4,823 m²
Building footprint
124 m²
Volume, LiDAR
783 m³
Parcel 11016E0463/00A002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G-K-S
since 20182.278.013.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016E0463/00A002 | Flanders | 4,823 m² | 1 · 124 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,135. 3,558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2018
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
68121Development of residential building projects
43230Insulation installation
43291Specialised construction activities
43410Roofing work
43994Specialised construction activities
68310Real estate agency activities
68311Real estate activities
68329Real estate activities
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.