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G-VECTOR

Bankruptcy closed
Private limited company (pre-2019)KBO/BCE: BE 0816.909.155

Inactive since 21-04-2026; last annual accounts for financial year 2014.

Summary

G-VECTOR was declared bankrupt on 03-07-2015 (Tribunal de commerce francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian Official Gazette on 28-04-2026.

G-VECTORBankruptcy closed

Financials · financial year 2014, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€111,797▼ 6,494%
2013 · -€1,695
Working capital
-€93,518▼ 18,451%
2013 · -€504
Trend over the years

2010 to 2014, 5 financial years

The operating result turns negative in 2014: a loss of €89,984 after €2,868 in 2013, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€89,984 2014 Net result-€111,797 2014

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20102011201220132014
Operating result€3,242-€33,168▲ 923%€14,364▼ 56.7%€2,868▼ 80.0%-€89,984
Net result€183-€19,005▲ 104×€9,053▼ 52.4%-€1,695-€111,797▼ 6,494%
Equity€6,383-€7,667▲ 20.1%€7,720▲ 0.7%€12,225▲ 58.3%-€93,373
Total assets€34,435-€65,559▲ 90.4%€21,869▼ 66.6%€130,618▲ 497%€165,689▲ 26.8%
Debt€28,052-€57,892▲ 106%€14,149▼ 75.6%€118,394▲ 737%€259,062▲ 119%
Working capital-€9,623--€11,007▼ 14.4%€7,675-€504-€93,518▼ 18,451%
Staff (FTE)21▼ 50.0%
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €165,689
Fixed assets €145 ▼ 98.9%
Current assets €165,544 ▲ 40.4%
Equity and liabilities
Equity-€93,373
Debt€259,062
Equity is negative: debt (€259,062) exceeds the balance-sheet total (€165,689).
Key figures and ratios
2014 value · change against 2013
EBITDA
-€89,626▼
2013 · €3,047
Cash flow
-€111,439▼
2013 · -€1,516
Solvency
-56.4%▼
2013 · 9.4%
Current ratio
0.64▼
2013 · 1.00
ROA
-67.5%▼
2013 · -1.3%
Debt ≤ 1 year
€259,062▲
2013 · €118,394
Income taxes
€196▼
2013 · €3,816
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2014 against 2013 · 24 lines
Balance sheet Code20132014
Assets
Total assets20/58€130,618€165,689▲
Fixed assets21/28€12,729€145▼
Tangible fixed assets22/27€359-
Financial fixed assets28€12,370€145▼
Current assets29/58€117,890€165,544▲
Stocks and contracts in progress3€29,446-
Amounts receivable within one year40/41€84,270€164,251▲
Equity and liabilities
Total equity and liabilities10/49€130,618€165,689▲
Equity10/15€12,225-€93,373▼
Contributions10/11€12,400€18,600▲
Reserves13€1,500€1,500=
Profit (loss) carried forward14-€1,675-€113,473▼
Amounts payable17/49€118,394€259,062▲
Amounts payable within one year42/48€118,394€259,062▲
Trade debts44€52,381€133,302▲
Income statement Code20132014
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€179€359▲
Gross operating margin9900€90,304€28,733▼
Operating profit (loss)9901€2,868-€89,984▼
Recurring financial income75-€236
Recurring financial charges65€747€8,820▲
Profit (loss) for the period before taxes9903€2,120-€111,601▼
Income taxes67/77€3,816€196▼
Profit (loss) for the period9904-€1,695-€111,797▼
Profit (loss) for the period to be appropriated9905-€1,695-€111,797▼
Line20102011201220132014Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,057€5,903€4,111€179€359▲ 100%
Gross operating margin9900€10,459€39,624€19,155€90,304€28,733▼ 68.2%
Operating profit (loss)9901€3,242€33,168€14,364€2,868-€89,984-
Recurring financial income75€12€44€0-€236-
Recurring financial charges65€212€257€106€747€8,820▲ 12×
Profit (loss) for the period before taxes9903€3,042€31,885€14,257€2,120-€111,601-
Income taxes67/77€2,859€12,880€5,205€3,816€196▼ 94.9%
Profit (loss) for the period9904€183€19,005€9,053-€1,695-€111,797▼ 6,494%
Profit (loss) for the period to be appropriated9905€183€19,005€9,053-€1,695-€111,797▼ 6,494%
Line20102011201220132014Change
Assets
Total assets20/58€34,435€65,559€21,869€130,618€165,689▲ 26.8%
Fixed assets21/28€16,128€18,764€45€12,729€145▼ 98.9%
Tangible fixed assets22/27€16,083€18,719-€359--
Financial fixed assets28€45€45€45€12,370€145▼ 98.8%
Current assets29/58€18,307€46,795€21,824€117,890€165,544▲ 40.4%
Stocks and contracts in progress3---€29,446--
Amounts receivable within one year40/41€844-€20,948€84,270€164,251▲ 94.9%
Cash at bank and in hand54/58€16,102€45,521€876---
Equity and liabilities
Total equity and liabilities10/49€34,435€65,559€21,869€130,618€165,689▲ 26.8%
Equity10/15€6,383€7,667€7,720€12,225-€93,373-
Contributions10/11€6,200€6,200€6,200€12,400€18,600▲ 50.0%
Reserves13€9€959€1,500€1,500€1,500=
Profit (loss) carried forward14€174€508€20-€1,675-€113,473▼ 6,673%
Amounts payable17/49€28,052€57,892€14,149€118,394€259,062▲ 119%
Amounts payable within one year42/48€27,930€57,801€14,149€118,394€259,062▲ 119%
Trade debts44€4,100€6,862-€52,381€133,302▲ 154%
Line20102011201220132014Change
Profit (loss) for the period9904€183€19,005€9,053-€1,695-€111,797▼ 6,494%
+ Depreciation and write-downs630€4,057€5,903€4,111€179€359▲ 100%
Operating cash flow (approximation)€4,240€24,908€13,163-€1,516-€111,439▼ 7,250%
Investment in fixed assets (approximation)--€8,539€14,609-€12,863€12,225-
Change in cash-€29,420-€44,645---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2014 full format 05-05-2015 2015-11300221
31-12-2013 full format 30-09-2014 2014-62500008
31-12-2012 full format 30-08-2013 2013-55000352
31-12-2011 full format 14-06-2012 2012-16800208
31-12-2010 full format 28-06-2011 2011-22200426

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.