G - PLUS
ActiveSummary
G - PLUS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €264k. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+25
Solvency96▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.61 against 2.35 in 2024; short-term debt: 27.6% and cash: 29.2% of total assets), and 29.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.7%
Return on assets
16.4%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
on the day
2022
23 d late
2021
1 d early
2020
14 d late
2019
182 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.14M▲ 30.3%
2024 · €873k
2018: €201k
2019: €165k▼ -17.6% vs 2018
2020: €156k▼ -5.4% vs 2019lowest in 8 years
2021: €249k▲ +59.1% vs 2020
2022: €457k▲ +83.6% vs 2021
2023: €684k▲ +49.9% vs 2022
2024: €873k▲ +27.6% vs 2023
2025: €1.14M▲ +30.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.61M▼ 9.8%
2024 · €1.78M
2018: €927klowest in 8 years
2019: €1.11M▲ +19.8% vs 2018
2020: €1.15M▲ +3.3% vs 2019
2021: €1.38M▲ +20.1% vs 2020
2022: €1.83M▲ +33.0% vs 2021
2023: €1.96M▲ +7.0% vs 2022highest in 8 years
2024: €1.78M▼ -8.9% vs 2023
2025: €1.61M▼ -9.8% vs 2024
2018 → 2025
Net result
€264k▲ 40.0%
2024 · €189k
2018: €12k
2019: €-35k▼ -384% vs 2018lowest in 8 years
2020: €-9k▲ +74.4% vs 2019
2021: €54k▲ +704% vs 2020
2022: €208k▲ +282% vs 2021
2023: €228k▲ +9.6% vs 2022
2024: €189k▼ -17.1% vs 2023
2025: €264k▲ +40.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€1.16M▲ 43.6%
2024 · €805k
2018: €206k
2019: €266k▲ +29.3% vs 2018
2020: €269k▲ +0.9% vs 2019
2021: €184k▼ -31.7% vs 2020lowest in 8 years
2022: €412k▲ +124% vs 2021
2023: €674k▲ +63.5% vs 2022
2024: €805k▲ +19.5% vs 2023
2025: €1.16M▲ +43.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€249k-€457k▲ 83.6%€684k▲ 49.9%€873k▲ 27.6%€1.14M▲ 30.3%
2021: €249klowest in 5 years
2022: €457k▲ +83.6% vs 2021
2023: €684k▲ +49.9% vs 2022
2024: €873k▲ +27.6% vs 2023
2025: €1.14M▲ +30.3% vs 2024highest in 5 years
Operating result€77k-€295k▲ 283%€337k▲ 14.3%€620k▲ 84.0%€497k▼ 19.8%
2021: €77klowest in 5 years
2022: €295k▲ +283% vs 2021
2023: €337k▲ +14.3% vs 2022
2024: €620k▲ +84.0% vs 2023highest in 5 years
2025: €497k▼ -19.8% vs 2024
Net result€54k-€208k▲ 282%€228k▲ 9.6%€189k▼ 17.1%€264k▲ 40.0%
2021: €54klowest in 5 years
2022: €208k▲ +282% vs 2021
2023: €228k▲ +9.6% vs 2022
2024: €189k▼ -17.1% vs 2023
2025: €264k▲ +40.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€9k ▼ 97.6%
Current assets
€1.60M ▲ 14.2%
Equity and liabilities €1.61M
Equity
€1.14M ▲ 30.3%
Debt
€471k ▼ 48.3%
Debt's share of the balance-sheet total falls from 51.1% to 29.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€499k▼
2024 · €674k
Cash flow
€267k▲
2024 · €243k
Current ratio
3.61▲
2024 · 2.35
Quick ratio
2.51▲
2024 · 1.69
Debt to equity
0.41▼
2024 · 1.04
ROE
23.2%▲
2024 · 21.6%
ROA
16.4%▲
2024 · 10.6%
Interest coverage
4.55▲
2024 · 2.40
Debt ≤ 1 year
€443k▼
2024 · €596k
Debt > 1 year
€28k▼
2024 · €315k
Income taxes
€126k▼
2024 · €163k
Staff costs
€183k▼
2024 · €202k
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 · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.78M€1.61M▼
Fixed assets21/28€383k€9k▼
Tangible fixed assets22/27€381k€9k▼
Land and buildings22€307k€0▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€67k€3k▼
Financial fixed assets28€2k€0▼
Current assets29/58€1.40M€1.60M▲
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Stocks and contracts in progress3€396k€488k▲
Stocks30/36€396k€488k▲
Amounts receivable within one year40/41€759k€632k▼
Trade receivables40€595k€613k▲
Other amounts receivable41€165k€20k▼
Current investments50/53€42k€0▼
Cash at bank and in hand54/58€195k€469k▲
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.78M€1.61M▼
Equity10/15€873k€1.14M▲
Contributions10/11€62k€62k=
Reserves13€931k€1.20M▲
Tax-exempt reserves132€583k€660k▲
Distributable reserves133€348k€535k▲
Profit (loss) carried forward14€-120k€-120k=
Amounts payable17/49€911k€471k▼
Amounts payable after more than one year17€315k€28k▼
Financial debts170/4€315k€28k▼
Amounts payable within one year42/48€596k€443k▼
Current portion of amounts payable after more than one year42€114k€115k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€183k€244k▲
Suppliers440/4€183k€244k▲
Bills of exchange payable441€0-
Taxes, remuneration and social security45€85k€84k▼
Taxes450/3€56k€57k▲
Remuneration and social security454/9€29k€26k▼
Other amounts payable47/48€215k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€202k€183k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-26k€0▲
Other operating charges640/8€6k€31k▲
Non-recurring operating charges66A€33k€0▼
Gross operating margin9900€889k€713k▼
Operating profit (loss)9901€620k€497k▼
Financial income75/76B€13k€3k▼
Recurring financial income75€13k€3k▼
Financial charges65/66B€281k€110k▼
Recurring financial charges65€281k€110k▼
Profit (loss) for the period before taxes9903€352k€390k▲
Income taxes67/77€163k€126k▼
Profit (loss) for the period9904€189k€264k▲
Transfer to tax-exempt reserves689€91k€78k▼
Profit (loss) for the period to be appropriated9905€98k€187k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€67k▲
Profit (loss) brought forward from the previous period14P€-120k€-120k=
Transfer to equity691/2€98k€187k▲
To other reserves6921€98k€187k▲
Social balance
Average headcount (FTE)90874.03.1▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €77k | €123k | €157k | €202k | €183k | ▼ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57k | €36k | €40k | €54k | €3k | ▼ 95.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €43k | €-16k | €-26k | €0 | ▲ 100% |
| Other operating charges640/8 | €41k | €6k | €8k | €6k | €31k | ▲ 404% |
| Non-recurring operating charges66A | - | - | - | €33k | €0 | ▼ 100% |
| Gross operating margin9900 | €253k | €502k | €526k | €889k | €713k | ▼ 19.8% |
| Operating profit (loss)9901 | €77k | €295k | €337k | €620k | €497k | ▼ 19.8% |
| Financial income75/76B | €4k | €2k | €9k | €13k | €3k | ▼ 74.5% |
| Recurring financial income75 | €4k | €2k | €9k | €13k | €3k | ▼ 74.5% |
| Financial charges65/66B | €16k | €16k | €30k | €281k | €110k | ▼ 60.9% |
| Recurring financial charges65 | €16k | €16k | €30k | €281k | €110k | ▼ 60.9% |
| Profit (loss) for the period before taxes9903 | €65k | €281k | €315k | €352k | €390k | ▲ 11.0% |
| Income taxes67/77 | €10k | €73k | €87k | €163k | €126k | ▼ 22.7% |
| Profit (loss) for the period9904 | €54k | €208k | €228k | €189k | €264k | ▲ 40.0% |
| Transfer to tax-exempt reserves689 | - | - | €105k | €91k | €78k | ▼ 14.0% |
| Profit (loss) for the period to be appropriated9905 | €54k | €208k | €122k | €98k | €187k | ▲ 89.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.38M | €1.83M | €1.96M | €1.78M | €1.61M | ▼ 9.8% |
| Fixed assets21/28 | €414k | €379k | €428k | €383k | €9k | ▼ 97.6% |
| Tangible fixed assets22/27 | €414k | €379k | €427k | €381k | €9k | ▼ 97.6% |
| Land and buildings22 | €370k | €349k | €328k | €307k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €2k | €7k | €6k | ▼ 16.1% |
| Furniture and vehicles24 | €44k | €29k | €98k | €67k | €3k | ▼ 95.1% |
| Financial fixed assets28 | - | - | €582 | €2k | €0 | ▼ 100% |
| Current assets29/58 | €962k | €1.45M | €1.53M | €1.40M | €1.60M | ▲ 14.2% |
| Amounts receivable after more than one year29 | €2k | €16k | €18k | €0 | - | - |
| Trade receivables290 | €2k | €16k | €18k | €0 | - | - |
| Stocks and contracts in progress3 | €235k | €399k | €459k | €396k | €488k | ▲ 23.4% |
| Stocks30/36 | €235k | €399k | €459k | €396k | €488k | ▲ 23.4% |
| Amounts receivable within one year40/41 | €660k | €906k | €975k | €759k | €632k | ▼ 16.7% |
| Trade receivables40 | €620k | €819k | €813k | €595k | €613k | ▲ 3.0% |
| Other amounts receivable41 | €40k | €86k | €163k | €165k | €20k | ▼ 88.1% |
| Current investments50/53 | €42k | €42k | €42k | €42k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €23k | €91k | €33k | €195k | €469k | ▲ 141% |
| Deferred charges and accrued income490/1 | €279 | €279 | €4k | €10k | €10k | ▲ 4.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.38M | €1.83M | €1.96M | €1.78M | €1.61M | ▼ 9.8% |
| Equity10/15 | €249k | €457k | €684k | €873k | €1.14M | ▲ 30.3% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €50k | - | - | - | - | - |
| Issued capital100 | €50k | - | - | - | - | - |
| Outside capital11 | €12k | €62k | - | - | - | - |
| Other1109/19 | €12k | €62k | - | - | - | - |
| Reserves13 | €391k | €514k | €742k | €931k | €1.20M | ▲ 28.4% |
| Non-distributable reserves130/1 | €620 | €620 | €0 | - | - | - |
| Legal reserve130 | €620 | €620 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0 | - | - | - |
| Tax-exempt reserves132 | €387k | €387k | €492k | €583k | €660k | ▲ 13.4% |
| Distributable reserves133 | €3k | €127k | €250k | €348k | €535k | ▲ 53.6% |
| Profit (loss) carried forward14 | €-204k | €-120k | €-120k | €-120k | €-120k | = |
| Amounts payable17/49 | €1.13M | €1.37M | €1.28M | €911k | €471k | ▼ 48.3% |
| Amounts payable after more than one year17 | €346k | €334k | €356k | €315k | €28k | ▼ 91.1% |
| Financial debts170/4 | €346k | €334k | €356k | €315k | €28k | ▼ 91.1% |
| Amounts payable within one year42/48 | €779k | €1.04M | €857k | €596k | €443k | ▼ 25.6% |
| Current portion of amounts payable after more than one year42 | - | €39k | €100k | €114k | €115k | ▲ 1.3% |
| Financial debts43 | €150k | €398k | €150k | €0 | - | - |
| Credit institutions430/8 | €150k | €150k | €150k | €0 | - | - |
| Other loans439 | - | €248k | €0 | - | - | - |
| Trade debts44 | €380k | €242k | €194k | €183k | €244k | ▲ 33.7% |
| Suppliers440/4 | €380k | €242k | €191k | €183k | €244k | ▲ 33.7% |
| Bills of exchange payable441 | - | - | €3k | €0 | - | - |
| Advances received on contracts in progress46 | €11k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €45k | €158k | €175k | €85k | €84k | ▼ 1.2% |
| Taxes450/3 | €35k | €140k | €149k | €56k | €57k | ▲ 3.3% |
| Remuneration and social security454/9 | €10k | €19k | €26k | €29k | €26k | ▼ 9.8% |
| Other amounts payable47/48 | €193k | €204k | €239k | €215k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €3k | - | €62k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54k | €208k | €228k | €189k | €264k | ▲ 40.0% |
| + Depreciation and write-downs630 | €57k | €36k | €40k | €54k | €3k | ▼ 95.2% |
| Operating cash flow (approximation) | €112k | €243k | €268k | €243k | €267k | ▲ 9.9% |
| Investment in fixed assets (approximation) | - | €0 | €-90k | €-9k | €371k | ▲ 4,211% |
| Change in cash | - | €67k | €-58k | €162k | €274k | ▲ 69.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €264k ▲40%
Net result €264k, the highest in the series.
30-09
Financial
Equity above €1MEq €1.14M ▲30.3%
5 profitable years in a row build equity to €1.14M.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €500kEq €684k ▲49.9%
3 profitable years in a row build equity to €684k.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
30-09
Financial
Equity above €200kEq €249k ▲59.1%
Equity rises from €156k to €249k.
14-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 14 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 182 days late
Show earlier events
2019
30-09
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 93 days late
2015
06-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Ronse · 1 establishment unit since 2001
Ground area
7,209 m²
Building footprint
3,476 m²
Volume, LiDAR
27,208 m³
Parcel 45422D1015/00D000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Nieuwe Pontstraat 15, 9600 Ronse
since 20012.098.221.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422D1015/00D000 | Flanders | 7,209 m² | 1 · 3,476 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 2,850 EUR awarded · 2,850 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,500 EUR | 1,500 EUR |
| 2023 | 1 | 1,350 EUR | 1,350 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 481 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2001
Fiscal year end30-09
Activities, NACEBEL 2025
46499Wholesale of other household goods
46649Wholesale of other machinery and equipment
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Scores and ratios are computed by Checked and are not a credit decision.