G.S.MC
ActiveG.S.MC has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €-3k. Equity is shrinking by ~22.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 35% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-4
Solvency61▼-31
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 3.02 in 2024; short-term debt: 63.7% and cash: 6.7% of total assets), but 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
-6.5%
Age of the figures
9 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
12 d early
2023
41 d late
2022
21 d early
2021
17 d early
2020
30 d late
2019
81 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▼ 63.5%
2024 · €47k
2018: €154k
2019: €174k
2020: €201k
2021: €126k
2022: €108k
2023: €69k
2024: €47k
2018 → 2025
Total assets
€47k▼ 32.3%
2024 · €70k
2018: €204k
2019: €214k
2020: €255k
2021: €236k
2022: €128k
2023: €96k
2024: €70k
2018 → 2025
Net result
€-3k▼ 30.7%
2024 · €-2k
2018: €26k
2019: €20k
2020: €27k
2021: €6k
2022: €-4k
2023: €-13k
2024: €-2k
2018 → 2025
Working capital
€17k▼ 64.1%
2024 · €46k
2018: €141k
2019: €167k
2020: €203k
2021: €125k
2022: €105k
2023: €68k
2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€108k▼ 14.2%€69k▼ 35.7%€47k▼ 32.0%€17k▼ 63.5%
Operating result€9k-€-11k€-17k▼ 49.6%€-6k▲ 64.2%€-5k▲ 13.6%
Net result€6k-€-4k€-13k▼ 244%€-2k▲ 81.6%€-3k▼ 30.7%
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 €5k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€634▼ 34.3%
Current assets
€47k▼ 32.3%
Equity and liabilities €47k
Equity
€17k▼ 63.5%
Debt
€30k▲ 32.1%
The debt ratio rises from 32.6% to 63.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▲
2024 · €-6k
Cash flow
€-3k▼
2024 · €-2k
Solvency
36.3%▼
2024 · 67.4%
Current ratio
1.55▼
2024 · 3.02
Quick ratio
1.55▼
2024 · 3.02
Debt / equity
1.75▲
2024 · 0.48
ROE
-17.9%▼
2024 · -5.0%
ROA
-6.5%▼
2024 · -3.4%
Interest coverage
-38.43▲
2024 · -45.23
Debt
€30k▲
2024 · €23k
Debt ≤ 1 year
€30k▲
2024 · €23k
Income taxes
€-66▼
2024 · €463
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€47k▼
Fixed assets21/28€966€634▼
Tangible fixed assets22/27€876€544▼
Plant, machinery and equipment23€876€544▼
Financial fixed assets28€90€90=
Current assets29/58€69k€47k▼
Amounts receivable within one year40/41€62k€41k▼
Other amounts receivable41€62k€41k▼
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€70k€47k▼
Equity10/15€47k€17k▼
Contributions10/11€12k€12k=
Reserves13€50k€23k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€48k€21k▼
Profit (loss) carried forward14€-15k€-18k▼
Amounts payable17/49€23k€30k▲
Amounts payable within one year42/48€23k€30k▲
Trade debts44€57€1k▲
Suppliers440/4€57€1k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€19k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€332€332=
Other operating charges640/8€1k€144▼
Gross operating margin9900€-5k€-5k▼
Operating profit (loss)9901€-6k€-5k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€125€126▲
Recurring financial charges65€125€126▲
Profit (loss) for the period before taxes9903€-2k€-3k▼
Income taxes67/77€463€-66▼
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-18k▼
Profit (loss) brought forward from the previous period14P€-13k€-15k▼
Transfer from equity791/2€20k€27k▲
Profit to be distributed694/7€20k€27k▲
Return on contributions (dividend)694€20k€27k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 6.17
Current ratio from 2.18 to 6.17; short-term debt falls from €106k to €20k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €27k ▲35.6%
Net result €27k, the highest in the series.
31-12
Financial
Equity above €200kEq €201k ▲15.4%
3 profitable years in a row build equity to €201k.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 189 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 554 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geraardsbergen · 1 establishment unit since 2013
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.
Raspaillebosstraat(Gri) 89506 GeraardsbergenGround area
127 m²
Building footprint
112 m²
Volume, LiDAR
636 m³
Parcel 41022A0286/00L000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.S.MC
since 20132.224.826.939
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41022A0286/00L000 | Flanders | 127 m² | 1 · 112 m² | 10.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,696 companies in sector 70100 we hold annual accounts for 3,489. 1,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2013
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.