G&K Solutions

Active

Private limited companyfounded 20197 yrs activeStaatsbaan(LUB) 219, 3210 Lubbeek, BelgiumKBO/BCE: BE 0733.678.009

The computed 12-month bankruptcy probability of G&K Solutions is 6.6% (elevated). For G&K Solutions, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-4k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 24639 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Axes, FY 2023 · tick = 2022

Profitability0=

Solvency0=

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

6.6% Elevated

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2023

Age of the figures

33 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 4 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline20-09-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

29 d late

2022

123 d early

2021

3 d early

2020

18 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2023, micro schema

Equity

€-4k▼ 129%

2022 · €-2k

2020: €-120 2021: €746 2022: €-2k

2020 → 2023

Total assets

€334▼ 48.5%

2022 · €648

2020: €3k 2021: €3k 2022: €648

2020 → 2023

Net result

€-2k▲ 11.6%

2022 · €-2k

2020: €-2k 2021: €866 2022: €-2k

2020 → 2023

Working capital

€-4k▼ 129%

2022 · €-2k

2020: €-120 2021: €746 2022: €-2k

2020 → 2023

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2020202120222023Trend

Equity€-120-€746€-2k€-4k▼ 129%

Operating result€-2k-€946€-2k€-2k▲ 13.8%

Net result€-2k-€866€-2k€-2k▲ 11.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €2k in 2023 against €2k in 2022; the loss shrinks.

Key figures and ratios

2023 value · change against 2022

Debt

€4k▲

2022 · €2k

Debt ≤ 1 year

€4k▲

2022 · €2k

Ratios withheld: a balance sheet total of €334 is too small for a meaningful ratio.

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 · 2023 against 2022

Balance sheet Code20222023

Assets

Total assets20/58€648€334▼

Current assets29/58€648€334▼

Amounts receivable within one year40/41€463€334▼

Trade receivables40€450€0▼

Other amounts receivable41€13€334▲

Cash at bank and in hand54/58€98€0▼

Deferred charges and accrued income490/1€87€0▼

Equity and liabilities

Total equity and liabilities10/49€648€334▼

Equity10/15€-2k€-4k▼

Contributions10/11€2k€2k=

Profit (loss) carried forward14€-4k€-6k▼

Amounts payable17/49€2k€4k▲

Amounts payable within one year42/48€2k€4k▲

Trade debts44€750€750=

Suppliers440/4€750€750=

Other amounts payable47/48€2k€3k▲

Income statement Code20222023

Other operating charges640/8€480€0▼

Gross operating margin9900€-2k€-2k▼

Operating profit (loss)9901€-2k€-2k▲

Financial charges65/66B€69€111▲

Recurring financial charges65€69€111▲

Profit (loss) for the period before taxes9903€-2k€-2k▲

Profit (loss) for the period9904€-2k€-2k▲

Profit (loss) for the period to be appropriated9905€-2k€-2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€-6k▼

Profit (loss) brought forward from the previous period14P€-1k€-4k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

30-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €-2k ▼376%

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

28-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €866

Net result €866 after one loss-making year.

18-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 18 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

12-02-2026 Aesseloos Gitanne: Resigned as Director

30-05-2024 Van De Broek Kevin: Resigned as Director

30-05-2024 WOUTERS Guy Jules: Resigned as Director

17-03-2023 De Clercq Lieven: Resigned as Director

Location & real-estate footprint

Registered office, Lubbeek · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Staatsbaan(LUB) 2193210 Lubbeek

Ground area

5.2 ha