G.P.O.
InactiveG.P.O. was declared bankrupt on 05-12-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 06-06-2023, published in the Belgian State Gazette on 12-06-2023.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 28-10-2021, 89 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
89 d late
2019
109 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€344▼ 80.6%
2019 · €2k
2018: €10k
2019: €2k
2018 → 2020
EBIT margin
-630.2%▼ 560.8pp
2019 · -69.5%
2018: -46.7%
2019: -69.5%
2018 → 2020
Net result
€-2k▼ 52.5%
2019 · €-1k
2018: €-5k
2019: €-1k
2018 → 2020
Working capital
€11k▼ 17.0%
2019 · €13k
2018: €14k
2019: €13k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€10k-€2k▼ 81.9%€344▼ 80.6%
Equity€15k-€14k▼ 9.6%€11k▼ 16.2%
Operating result€-5k-€-1k▲ 73.1%€-2k▼ 75.7%
Net result€-5k-€-1k▲ 72.6%€-2k▼ 52.5%
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 2020 against €1k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €15k
Fixed assets
€666 =
Current assets
€14k ▲ 2.1%
Equity and liabilities €15k
Equity
€11k ▼ 16.2%
Debt
€4k ▲ 234%
Debt's share of the balance-sheet total rises from 7.2% to 23.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
4.03▼
2019 · 13.19
Quick ratio
3.88▼
2019 · 12.69
ROE
-19.3%▼
2019 · -10.6%
ROA
-14.7%▼
2019 · -9.8%
Debt ≤ 1 year
€4k▲
2019 · €1k
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 · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€15k€15k▲
Fixed assets21/28€666€666=
Financial fixed assets28€666€666=
Current assets29/58€14k€14k▲
Stocks and contracts in progress3€530€530=
Amounts receivable within one year40/41€12k€12k▲
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€115€17▼
Equity and liabilities
Total equity and liabilities10/49€15k€15k▲
Equity10/15€14k€11k▼
Contributions10/11€29k-
Reserves13€3k€3k=
Profit (loss) carried forward14€-19k€-21k▼
Amounts payable17/49€1k€4k▲
Amounts payable within one year42/48€1k€4k▲
Trade debts44€1k€4k▲
Income statement
Code20192020
Turnover70€2k€344▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€454-
Gross operating margin9900€-780€-2k▼
Operating profit (loss)9901€-1k€-2k▼
Recurring financial charges65€204€25▼
Profit (loss) for the period before taxes9903€-1k€-2k▼
Profit (loss) for the period9904€-1k€-2k▼
Profit (loss) for the period to be appropriated9905€-1k€-2k▼
Timeline · acts, filings and financial milestones
2023
12-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · G.P.O SPRL CHAUSSEE D’ALSEMBERG 842, 1180 UCCLE. déclarée le 5 décembre 2022 · event 06-06-2023
2022
12-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · G.P.O SPRL CHAUSSEE D’ALSEM- BERG 842, 1180 UCCLE · event 05-12-2022
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 92 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
23-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 84 days late
2012
13-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalNBB filing
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIK DE VULDER 59 B, AVENUE REINE ASTRID
(BTE 3), 1780 WEMMEL |
05-12-2022 → 06-06-2023 |