G.N.L.
ActiveG.N.L. has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €331. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▼-31
Solvency80▲+21
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 1.89 against 1.41 in 2023; short-term debt: 45.4% and cash: 4.7% of total assets), and 45.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-12-2025, 134 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
134 d late
2023
124 d late
2022
70 d late
2021
228 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 0.3%
2023 · €146k
2018: €49k
2019: €56k
2020: €64k
2021: €65k
2022: €123k
2023: €146k
2018 → 2024
Total assets
€268k▼ 37.6%
2023 · €430k
2018: €118k
2019: €95k
2020: €169k
2021: €214k
2022: €290k
2023: €430k
2018 → 2024
Net result
€331▼ 99.4%
2023 · €59k
2018: €22k
2019: €7k
2020: €9k
2021: €570
2022: €58k
2023: €59k
2018 → 2024
Working capital
€109k▼ 7.3%
2023 · €117k
2018: €41k
2019: €50k
2020: €61k
2021: €51k
2022: €136k
2023: €117k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€64k-€65k▲ 0.9%€123k▲ 89.9%€146k▲ 18.4%€146k▲ 0.3%
Operating result€13k-€12k▼ 4.1%€84k▲ 588%€83k▼ 1.0%€6k▼ 92.2%
Net result€9k-€570▼ 93.5%€58k▲ 10,143%€59k▲ 2.0%€331▼ 99.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 92% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €268k
Fixed assets
€38k▲ 31.6%
Current assets
€231k▼ 42.5%
Equity and liabilities €268k
Equity
€146k▲ 0.3%
Debt
€122k▼ 57.1%
The debt ratio falls from 66.1% to 45.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2023 · €86k
Cash flow
€10k▼
2023 · €63k
Solvency
54.6%▲
2023 · 33.9%
Current ratio
1.89▲
2023 · 1.41
Quick ratio
1.89▲
2023 · 1.41
Debt / equity
0.83▼
2023 · 1.95
ROE
0.2%▼
2023 · 40.8%
ROA
0.1%▼
2023 · 13.8%
Interest coverage
4.34▼
2023 · 69.54
Debt
€122k▼
2023 · €284k
Debt ≤ 1 year
€122k▼
2023 · €284k
Income taxes
€7k▼
2023 · €27k
Staff costs
€388k▲
2023 · €304k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€430k€268k▼
Fixed assets21/28€29k€38k▲
Tangible fixed assets22/27€29k€38k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€27k€36k▲
Current assets29/58€401k€231k▼
Amounts receivable within one year40/41€328k€212k▼
Trade receivables40€273k€181k▼
Other amounts receivable41€55k€31k▼
Cash at bank and in hand54/58€72k€13k▼
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€430k€268k▼
Equity10/15€146k€146k▲
Contributions10/11€19k€19k=
Reserves13€110k€110k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€108k€108k▲
Profit (loss) carried forward14€18k€18k▲
Amounts payable17/49€284k€122k▼
Amounts payable within one year42/48€284k€122k▼
Financial debts43€417€399▼
Credit institutions430/8€417€399▼
Trade debts44€189k€67k▼
Suppliers440/4€189k€67k▼
Advances received on contracts in progress46€14k€0▼
Taxes, remuneration and social security45€61k€34k▼
Taxes450/3€60k€24k▼
Remuneration and social security454/9€946€11k▲
Other amounts payable47/48€20k€20k=
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€304k€388k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€394k€407k▲
Operating profit (loss)9901€83k€6k▼
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€87k€7k▼
Income taxes67/77€27k€7k▼
Profit (loss) for the period9904€59k€331▼
Profit (loss) for the period to be appropriated9905€59k€331▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€18k▼
Profit (loss) brought forward from the previous period14P€18k€18k▲
Transfer from equity791/2€17k€0▼
Transfer to equity691/2€39k€331▼
To contributions691€39k€0▼
To the legal reserve6920-€331
Profit to be distributed694/7€37k€0▼
Return on contributions (dividend)694€17k€0▼
Directors or managers695€20k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 134 days late
2024
31-12
Financial
Weakest financial yearnet €331 ▼99.4%
Net result drops to €331, the lowest in the series.
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
2023
31-12
Financial
Highest result since 2018net €59k ▲2%
Net result €59k, the highest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 228 days late
2022
31-12
Financial
Equity above €100kEq €123k ▲89.9%
5 profitable years in a row build equity to €123k.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 109 days late
Financial 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, Zaventem · 2 establishment units since 2007
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.
Moeshof 231932 ZaventemGround area
760 m²
Building footprint
276 m²
Volume, LiDAR
1,814 m³
3 parcels, Brussels, Flanders · tallest building 16.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Maria-Theresiastraat 54, 1210 Sint-Joost-ten-Node
since 20072.164.859.361
Petrus Bayensstraat 87, 1702 Dilbeek
since 20232.349.661.187
3 parcels
Flanders
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026B0121/00V004 | Flanders | 475 m² | 1 · 126 m² | 10.3 m · 1 fl. |
| 23078A0030/00W000 | Flanders | 175 m² | 1 · 76 m² | 8.6 m · 2 fl. |
| 21572B0227/00S002 | Brussels | 109 m² | 1 · 73 m² | 16.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesG.N.L. BV41700
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2007
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.