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G-X

Active
Private limited companyfounded 20215 yrs activeGagelbaan 25, 2900 Schoten, BelgiumKBO/BCE: BE 0771.401.309

G-X has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-32k) and a net result of €-30k. Equity is shrinking by ~622.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 3019 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
7 / 100
Critical▼ -18 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency33=
Growth32▼-26
Stability94
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
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 2024
Solvency, return and age of the figures
Solvency
-9.5%
Return on assets
-8.8%
Age of the figures
20 mo
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€32k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
82 d late
2023
20 d late
2022
29 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-32k▼ 1,179%
2023 · €-3k
2022: €-856 2023: €-3k
2022 → 2024
Total assets
€340k▲ 32,646%
2023 · €1k
2022: €7k 2023: €1k
2022 → 2024
Net result
€-30k▼ 1,679%
2023 · €-2k
2022: €-4k 2023: €-2k
2022 → 2024
Working capital
€-261k▼ 13,190%
2023 · €-2k
2022: €-286 2023: €-2k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€-856-€-3k▼ 196%€-32k▼ 1,179%
Operating result€-4k-€-2k▲ 54.6%€-30k▼ 1,618%
Net result€-4k-€-2k▲ 56.4%€-30k▼ 1,679%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €-2k€-2kNet result 2023: €-2k€-2kOperating result 2024: €-30k€-30kNet result 2024: €-30k€-30k202220232024
The operating result stays negative: a loss of €30k in 2024 against €2k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
Assets €340k
Fixed assets €229k
Current assets €111k
Key figures and ratios
2024 value · change against 2023
EBITDA
€-29k
Cash flow
€-29k
Solvency
-9.5%
Current ratio
0.30
Quick ratio
0.30
Debt / equity
-11.50
ROE
92.2%
ROA
-8.8%
Interest coverage
-595.93
Debt
€373k
2023 · €4k
Debt ≤ 1 year
€372k
2023 · €3k
Staff costs
€10k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1k€340k
Fixed assets21/28-€229k
Intangible fixed assets21-€149k
Tangible fixed assets22/27-€80k
Furniture and vehicles24-€80k
Current assets29/58€1k€111k
Amounts receivable within one year40/41€1k€20k
Trade receivables40€73€15k
Other amounts receivable41€933€6k
Cash at bank and in hand54/58€34€90k
Deferred charges and accrued income490/1-€179
Equity and liabilities
Total equity and liabilities10/49€1k€340k
Equity10/15€-3k€-32k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-6k€-35k
Amounts payable17/49€4k€373k
Amounts payable within one year42/48€3k€372k
Trade debts44€1k€118k
Suppliers440/4€1k€118k
Taxes, remuneration and social security45-€9k
Taxes450/3-€514
Remuneration and social security454/9-€9k
Other amounts payable47/48€2k€245k
Accrued charges and deferred income492/3€570€570=
Income statement Code20232024
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€946
Other operating charges640/8€548€467
Gross operating margin9900€-1k€-18k
Operating profit (loss)9901€-2k€-30k
Financial income75/76B€80€0
Recurring financial income75€80€0
Financial charges65/66B€23€48
Recurring financial charges65€23€48
Profit (loss) for the period before taxes9903€-2k€-30k
Profit (loss) for the period9904€-2k€-30k
Profit (loss) for the period to be appropriated9905€-2k€-30k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-35k
Profit (loss) brought forward from the previous period14P€-4k€-6k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
2024
31-12
Financial Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 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, Schoten · 1 establishment unit since 2021
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.

Gagelbaan 252900 Schoten
Ground area
5,102 m²
Building footprint
303 m²
Volume, LiDAR
1,909 m³
Parcel 11040A0107/00F006, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G-X
Gagelbaan 25, 2900 SchotenFitness centres
since 20212.324.071.696
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11040A0107/00F006 Flanders 5,102 m² 1 · 303 m² 11.3 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.

Similar companies · same sector and region

We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 1,513 companies in sector 93130 we hold annual accounts for 684.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-07-2021
Fiscal year end31-12
Activities, NACEBEL
93130Fitness centres
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.