G-PACK
G-PACK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.05M and a net result of €117k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 7728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €1.05M |
| Net result | €117k |
| Staff (FTE) | 3.6 |
| Better than sector | 25% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 20.0% | 44.7% | |
| Net result | €117k | €31k | |
| Equity | €1.05M | €398k | |
| Gross operating margin | €523k | €211k | |
| Staff costs | €169k | €189k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €333k | €426k | €421k | €408k | €484k |
| Net profit | €117k | €190k | €224k | €197k | €256k |
| Cash flow | €146k | €205k | €232k | €204k | €259k |
| Staff costs | €169k | €203k | €186k | €203k | €182k |
| Income taxes | €35k | €64k | €71k | €66k | €83k |
| Dividends | €100k | €100k | - | - | - |
| Total assets | €5.22M | €4.92M | €4.25M | €3.32M | €4.41M |
| Equity | €1.05M | €1.03M | €940k | €716k | €519k |
| Debt | €4.17M | €3.89M | €3.31M | €2.60M | €3.89M |
| of which ≤ 1y | €4.06M | €3.67M | €3.02M | €2.15M | €3.67M |
| of which > 1y | €115k | €217k | €286k | €421k | €228k |
| Working capital | €998k | €1.18M | €1.19M | €1.13M | €718k |
| Employees (FTE) | 3.6 | 3.5 | 3.0 | 3.4 | 4.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.25 | 1.32 | 1.39 | 1.52 | 1.20 |
| Quick ratio | 0.26 | 0.27 | 0.35 | 0.04 | 0.04 |
| Working capital ratio | 19.1% | 23.9% | 28.0% | 33.9% | 16.3% |
| Solvency | 20.0% | 20.9% | 22.1% | 21.6% | 11.8% |
| Debt / equity | 3.99 | 3.78 | 3.52 | 3.63 | 7.50 |
| Long-term debt ratio | 0.11 | 0.21 | 0.30 | 0.59 | 0.44 |
| Interest coverage | 2.18 | 2.70 | 3.56 | 2.71 | 3.18 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 2.2% | 3.9% | 5.3% | 5.9% | 5.8% |
| ROE | 11.2% | 18.4% | 23.8% | 27.5% | 49.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €5.22M | €4.92M | €4.25M | €3.32M | €4.41M |
| Fixed assets | 21/28 | €164k | €68k | €37k | €43k | €29k |
| Tangible fixed assets | 22/27 | €164k | €68k | €37k | €43k | €29k |
| Current assets | 29/58 | €5.06M | €4.85M | €4.21M | €3.27M | €4.38M |
| Stocks & contracts in progress | 3 | €3.99M | €3.85M | €3.14M | €3.18M | €4.22M |
| Amounts receivable within one year | 40/41 | €330k | €246k | €249k | €57k | €147k |
| Investments | 50/53 | €28 | €28 | €42 | €504 | €10k |
| Cash & bank | 54/58 | €55k | €2k | €4k | €36k | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.22M | €4.92M | €4.25M | €3.32M | €4.41M |
| Equity | 10/15 | €1.05M | €1.03M | €940k | €716k | €519k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €1.03M | €1.01M | €921k | €697k | €501k |
| Amounts payable | 17/49 | €4.17M | €3.89M | €3.31M | €2.60M | €3.89M |
| Amounts payable after one year | 17 | €115k | €217k | €286k | €421k | €228k |
| Amounts payable within one year | 42/48 | €4.06M | €3.67M | €3.02M | €2.15M | €3.67M |
| Trade debts payable within one year | 44 | €2.12M | €1.65M | €974k | €545k | €2.54M |
| Income statement | ||||||
| Gross operating margin | 9900 | €523k | €649k | €646k | €612k | €686k |
| Operating result | 9901 | €304k | €411k | €413k | €401k | €480k |
| Financial income | 75 | €263 | €39 | €492 | €13k | €10k |
| Financial charges | 65 | €153k | €158k | €118k | €151k | €152k |
| Result before taxes | 9903 | €152k | €253k | €295k | €263k | €338k |
| Income taxes | 67/77 | €35k | €64k | €71k | €66k | €83k |
| Net result for the period | 9904 | €117k | €190k | €224k | €197k | €256k |
| Result to be appropriated | 9905 | €117k | €190k | €224k | €197k | €256k |
| NACE primary | Agents specialised in the wholesale of other particular products(46180) |
| Legal form | Private limited company(610) |
| Incorporation | 16-03-2015 |
| Status | Active |
| Postal code | 2880 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12034A0432/00F000 | Flanders | 1.5 ha | 1 · 9,829 m² | 10.4 m · 2 fl. |
| 12007C0257/00M000 | Flanders | 1.2 ha | 1 · 6,965 m² | - |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-01-2023 Registered office moved
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": null,
"old_address": {
"raw": "Molenstraat(WEE) 8 : 2880 Bornem",
"city": "Bornem",
"region": "vlaams_gewest",
"street": "Molenstraat",
"country": "BE",
"postcode": "2880",
"box_number": null,
"street_number": "8",
"locality_suffix": "(WEE)"
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": null,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Olivier Maeyens",
"firm_city": null,
"firm_name": null,
"office_city": "Bornem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-01-17",
"filing_date": "2023-01-13",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-01-10",
"unanimous": null
},
"subject_company": {
"kbo": "0606.964.632",
"name_full": "G-PACK",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Expeditie van de akte",
"Voor eensluidend uittreksel"
]
}| Legal nameNL | G-PACK |