G-VECTOR
Bankruptcy closedInactive 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.
Overview
Activity
Activity not known
Size
≈ €100,000turnover 2014, estimated
- Staff
- 1 FTE
- Equity
- -€93,373
- Loss
- -€111,797
Turnover estimated from the gross margin
Financial health
Bankruptcy closed: no score
Structure
4 deeds in the Belgian Official Gazette
Signalsraises riskBankruptcy closedneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 05-05-2015, 87 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2014
87 days early
2013
61 days late
2012
30 days late
2011
47 days early
2010
33 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Bankruptcy closure (insufficient assets)French-language Enterprise Court of Brussels…
- OpeningFrench-language Commercial Court of Brussels…
- Annual accounts filedfinancial year 2014 · full…
Financials · financial year 2014, full format
Turnover
≈ €100,000
Estimated: probably between €55,000 and €190,000
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
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€165,689
2014
Equity-€93,373
2014
Debt€259,062
2014
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€93,518
2014
Average staff in full-time equivalents (FTE).
Staff (FTE)1
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%
The turnover shown is an estimate from the gross margin.
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
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
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| 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.
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.
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Bermond Lucille Chaussee De La Hulpe 187, 1170 |
03-07-2015 → 14-04-2026 |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
French-language Enterprise Court of Brussels · judgment of 14-04-2026
2015
07-07
Bankruptcy
Opening
French-language Commercial Court of Brussels · judgment of 03-07-2015
05-05
NBB filing
Annual accounts filed
financial year 2014 · full format
2014
31-12
Financial
Weakest financial yearnet -€111,797
Net result drops to -€111,797, the lowest in the series.
30-09
NBB filing
Annual accounts filed
financial year 2013 · full format · 61 days late
2013
30-08
NBB filing
Annual accounts filed
financial year 2012 · full format · 30 days late
2012
14-06
NBB filing
Annual accounts filed
financial year 2011 · full format
2011
31-12
Financial
Highest result from 2010 to 2014net €19,005 ▲10,264%
Operating result €33,168, net result €19,005, both a record.
28-06
NBB filing
Annual accounts filed
financial year 2010 · full format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 4 deeds read
About the unread acts
We know of 4 Belgian Official 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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Inactive
Inactive since April 2026
G-VECTOR has not been in the KBO register since 21 April 2026.
- Status
- Inactiveout of the register since 21 April 2026
- Reason
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2014
- Last registered office
- Avenue E. Van Becelaere 28A, Bte 44, 1170 Watermael-Boitsfortas published on 10 April 2015
- Legal form
- Private limited company (pre-2019)
- Active since
- 8 July 2009
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde
Ground area
1.2 ha
Building footprint
987 m²
Building volume
29,658 m³
Parcel 21652E0023/00W003, Brussels · tallest building 34.4 m. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21652E0023/00W003 | Brussels | 1.2 ha | 1 · 987 m² | 34.4 m · 10 |
How the parcels are linked
Good to know
The parcel matches the address exactly.