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G.Y.M.

Bankruptcy
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1989Werkhuizenstraat 19, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0437.960.047
Summary

The KBO register records for G.Y.M. the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-1.57M) and a net result of €-1.65M.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 23-02-2021, 23 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
23 d late
2019
9 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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 2020, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.65M▼ 137%
2019 · €-695k
2019: €-695k
2019 → 2020
Working capital
€-2.27M
2019 · €177k
2019: €177k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020Trend
Equity€74k-€-1.57M
Operating result€-615k-€-1.53M▼ 148%
Net result€-695k-€-1.65M▼ 137%
Result per fiscal year
Operating resultNet result
€-2.00M€-1.50M€-1.00M€-500k€0Operating result 2019: €-615k€-615kNet result 2019: €-695k€-695kOperating result 2020: €-1.53M€-1.53MNet result 2020: €-1.65M€-1.65M20192020€-2M€-1.5M€-1M€-500k€0Operating result 2019: €-615k€-615kNet result 2019: €-695k€-695kOperating result 2020: €-1.53M€-1.5MNet result 2020: €-1.65M€-1.6M20192020
The operating result stays negative: a loss of €1.53M in 2020 against €615k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €2.88M
Fixed assets €1.51M ▼ 8.4%
Current assets €1.37M ▼ 56.0%
Key figures and ratios
2020 value · change against 2019
EBITDA
€-1.38M
2019 · €-447k
Cash flow
€-1.50M
2019 · €-526k
Solvency
-54.6%
2019 · 1.6%
Current ratio
0.38
2019 · 1.06
Quick ratio
0.18
2019 · 0.28
Debt to equity
-0.48
2019 · 22.82
ROA
-57.1%
2019 · -14.6%
Debt
€4.45M
2019 · €4.69M
Debt ≤ 1 year
€3.64M
2019 · €2.94M
Debt > 1 year
€754k
2019 · €1.70M
Income taxes
€873
2019 · €743
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 27 lines
Balance sheet Code20192020
Assets
Total assets20/58€4.76M€2.88M
Fixed assets21/28€1.65M€1.51M
Intangible fixed assets21€2k€1k
Tangible fixed assets22/27€1.63M€1.49M
Financial fixed assets28€10k€15k
Current assets29/58€3.12M€1.37M
Stocks and contracts in progress3€2.31M€728k
Amounts receivable within one year40/41€689k€532k
Cash at bank and in hand54/58€99k€106k
Equity and liabilities
Total equity and liabilities10/49€4.76M€2.88M
Equity10/15€74k€-1.57M
Contributions10/11€289k-
Reserves13€165k€150k
Profit (loss) carried forward14€-380k€-2.01M
Amounts payable17/49€4.69M€4.45M
Amounts payable after more than one year17€1.70M€754k
Amounts payable within one year42/48€2.94M€3.64M
Trade debts44€1.75M€1.64M
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169k€149k
Gross operating margin9900€236k€-836k
Operating profit (loss)9901€-615k€-1.53M
Recurring financial income75€8k€5k
Recurring financial charges65€87k€124k
Profit (loss) for the period before taxes9903€-695k€-1.64M
Income taxes67/77€743€873
Profit (loss) for the period9904€-695k€-1.65M
Profit (loss) for the period to be appropriated9905€-678k€-1.63M

Download as CSV

Timeline · acts, filings and financial milestones

2021
06-05
Judicial reorganisation Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20200053 · event 21-04-2021
23-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
20-10
Judicial reorganisation Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 15-10-2020
22-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
01-02
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
02-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
28-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
29-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
12-03
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 40 days late
2013
29-11
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2012
27-11
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 27 days late
2011
21-11
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 21 days late
SignalNBB filing

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
Registered office, Sint-Jans-Molenbeek · 4 establishment units since 1989
establishment 3 of 4 establishment units on the map
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.

Werkhuizenstraat 191080 Sint-Jans-Molenbeek
Ground area
9.9 ha
Building footprint
2,217 m²
Volume, LiDAR
23,220 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 22.8 m, ±7 floors. Linked by address, not a title deed.
4 establishment units
G.Y.M. SC
Werkhuizenstraat 19, 1080 Sint-Jans-MolenbeekManufacture of coke and refined petroleum products
since 19892.044.316.471
Atomiumsquare 1, 1020 Brussel
NACE 51477
since 19922.217.342.004
NEUVILLE
Zetellaan(E) 100, 3630 MaasmechelenRetail trade
since 20132.224.308.483
MALLETTE
Rue de la Tête d'Argent(TOU) 2, 7500 TournaiRetail trade
since 20142.232.846.463
3 parcels
Flanders 1 (33.3%) Wallonia 1 (33.3%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
73013C0250/00C000 Flanders 9.9 ha 1 · 1,647 m² 15.0 m · 3 fl.
21012A0226/00M002 Brussels 573 m² 1 · 570 m² 22.8 m · 7 fl.
57081F0210/00B000 Wallonia 55 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 411 companies in sector 47722 we hold annual accounts for 166. 125 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded28-05-1989
Fiscal year end30-06
Activities, NACEBEL 2025
47722Retail trade
15120Manufacture of leather and related products
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.