G & S INVEST
InactiveG & S INVEST was declared bankrupt on 27-04-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 02-07-2024, published in the Belgian State Gazette on 10-07-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
24 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-9k▲ 90.1%
2020 · €-95k
2018: €-26k
2019: €-59k
2020: €-95k
2018 → 2021
Total assets
€286k▼ 9.3%
2020 · €315k
2018: €311k
2019: €312k
2020: €315k
2018 → 2021
Net result
€86k
2020 · €-37k
2018: €-44k
2019: €-33k
2020: €-37k
2018 → 2021
Working capital
€236k▼ 19.1%
2020 · €291k
2019: €308k
2020: €291k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-26k-€-59k▼ 127%€-95k▼ 62.4%€-9k▲ 90.1%
Operating result€-44k-€-28k▲ 36.5%€-31k▼ 11.2%€113k
Net result€-44k-€-33k▲ 26.2%€-37k▼ 11.7%€86k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €113k after a loss of €31k in 2020, the highest result in the available series.
Key figures and ratios
Solvency
-3.3%▲
2020 · -30.2%
Current ratio
5.66▼
2020 · 13.05
Quick ratio
2.30▲
2020 · 0.41
Debt / equity
-31.26▼
2020 · -4.05
ROA
30.0%▲
2020 · -11.6%
Debt
€295k▼
2020 · €411k
Debt ≤ 1 year
€50k▲
2020 · €24k
Debt > 1 year
€245k▼
2020 · €386k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€315k€286k▼
Current assets29/58€315k€286k▼
Stocks and contracts in progress3€305k€170k▼
Stocks30/36-€170k
Amounts receivable within one year40/41€2k€229▼
Trade receivables40-€229
Cash at bank and in hand54/58€7k€116k▲
Equity and liabilities
Total equity and liabilities10/49€315k€286k▼
Equity10/15€-95k€-9k▲
Contributions10/11-€19k
Profit (loss) carried forward14€-114k€-28k▲
Amounts payable17/49€411k€295k▼
Amounts payable after more than one year17€386k€245k▼
Financial debts170/4-€245k
Amounts payable within one year42/48€24k€50k▲
Trade debts44€24k€34k▲
Suppliers440/4-€34k
Taxes, remuneration and social security45-€16k
Taxes450/3-€16k
Other amounts payable47/48-€145
Income statement
Code20202021
Other operating charges640/8-€4k
Gross operating margin9900€-27k€117k▲
Operating profit (loss)9901€-31k€113k▲
Financial charges65/66B-€27k
Recurring financial charges65€6k€27k▲
Profit (loss) for the period before taxes9903€-37k€86k▲
Profit (loss) for the period9904€-37k€86k▲
Profit (loss) for the period to be appropriated9905€-37k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-28k
Profit (loss) brought forward from the previous period14P-€-114k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
10-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · G&S INVEST BV ABDIJLAAN 24A, 3111 WEZEMAAL · event 02-07-2024
2023
04-05
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · G&S INVEST BV ABDIJ- LAAN 24A, 3111 WEZEMAAL · event 27-04-2023
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €86k
Net result €86k after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 | BRANDAAN MOMBAERS OLV BROEDERSSTRAAT 3,
3300 TIENEN |
27-04-2023 → present |