G12
ActiveThe computed 12-month bankruptcy probability of G12 is 1.8% (moderate). The 2024 annual accounts show equity of €5.30M and a net result of €-37k. Equity is growing by ~61.6% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
70
/ 100
Healthy▼ -3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €370k at 30 days acceptable
Liquidity ample (current ratio 70.49), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
97 d late
2023
14 d early
2022
6 d early
2021
24 d early
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5.30M▼ 0.7%
2023 · €5.34M
2020: €975k
2021: €1.06M
2022: €1.08M
2023: €5.34M
2020 → 2024
Total assets
€5.54M▼ 0.5%
2023 · €5.57M
2020: €1.19M
2021: €1.30M
2022: €1.32M
2023: €5.57M
2020 → 2024
Net result
€-37k▼ 146%
2023 · €-15k
2020: €552k
2021: €18k
2022: €21k
2023: €-15k
2020 → 2024
Working capital
€1.42M▲ 4.0%
2023 · €1.37M
2020: €1.08M
2021: €1.30M
2022: €1.32M
2023: €1.37M
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€975k-€1.06M▲ 8.9%€1.08M▲ 2.0%€5.34M▲ 393%€5.30M▼ 0.7%
Operating result€760k-€102k▼ 86.6%€-4k€-68k▼ 1,620%€-101k▼ 49.0%
Net result€552k-€18k▼ 96.7%€21k▲ 13.1%€-15k€-37k▼ 146%
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 €101k in 2024 against €68k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.54M
Fixed assets
€4.10M▼ 2.4%
Current assets
€1.44M▲ 5.2%
Equity and liabilities €5.54M
Equity
€5.30M▼ 0.7%
Provisions
€223k▼ 3.1%
Debt
€20k▲ 485%
The debt ratio rises from 0.1% to 0.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€3k▲
2023 · €3k
Cash flow
€67k▲
2023 · €55k
Solvency
95.6%▼
2023 · 95.8%
Current ratio
70.49
Quick ratio
70.49
Debt / equity
0.00▲
2023 · 0.00
ROE
-0.7%▼
2023 · -0.3%
ROA
-0.7%▼
2023 · -0.3%
Interest coverage
13.85▼
2023 · 17.15
Debt
€20k▲
2023 · €4k
Debt ≤ 1 year
€20k▲
2023 · €4k
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€5.57M€5.54M▼
Fixed assets21/28€4.20M€4.10M▼
Tangible fixed assets22/27€4.20M€4.10M▼
Land and buildings22€4.20M€4.10M▼
Current assets29/58€1.37M€1.44M▲
Amounts receivable within one year40/41€1.37M€1.44M▲
Other amounts receivable41€1.37M€1.44M▲
Cash at bank and in hand54/58€491€6k▲
Deferred charges and accrued income490/1-€587
Equity and liabilities
Total equity and liabilities10/49€5.57M€5.54M▼
Equity10/15€5.34M€5.30M▼
Contributions10/11€4.49M€4.49M=
Reserves13€713k€692k▼
Non-distributable reserves130/1€23k€23k=
Reserves not available under the articles1311€23k€23k=
Tax-exempt reserves132€690k€669k▼
Profit (loss) carried forward14€133k€117k▼
Provisions and deferred taxes16€230k€223k▼
Deferred taxes168€230k€223k▼
Amounts payable17/49€4k€20k▲
Amounts payable within one year42/48€4k€20k▲
Trade debts44€3k€20k▲
Suppliers440/4€3k€20k▲
Taxes, remuneration and social security45€587-
Taxes450/3€587-
Income statement
Code20232024
Non-recurring operating income76A€473-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€104k▲
Other operating charges640/8€5k€9k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€8k€12k▲
Operating profit (loss)9901€-68k€-101k▼
Financial income75/76B€53k€57k▲
Recurring financial income75€53k€57k▲
Financial charges65/66B€152€206▲
Recurring financial charges65€152€206▲
Profit (loss) for the period before taxes9903€-15k€-44k▼
Transfer from deferred taxes780-€7k
Income taxes67/77€0-
Profit (loss) for the period9904€-15k€-37k▼
Transfer from tax-exempt reserves789€19k€21k▲
Profit (loss) for the period to be appropriated9905€4k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€133k€117k▼
Profit (loss) brought forward from the previous period14P€129k€133k▲
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
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 97 days late
2024
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €5MEq €5.34M ▲393%
Equity rises from €1.08M to €5.34M.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 7current ratio 611.25
Current ratio from 92.18 to 611.25; short-term debt falls from €12k to €2k.
31-12
Financial
Equity above €1MEq €1.06M ▲8.9%
2 profitable years in a row build equity to €1.06M.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ukkel · 1 establishment unit since 2009
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.
Hamstraat 21180 UkkelGround area
326 m²
Building footprint
100 m²
Volume, LiDAR
1,145 m³
Parcel 21612D0327/00P019, Brussels · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
G12
since 20092.176.288.040
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0327/00P019 | Brussels | 326 m² | 1 · 100 m² | 12.6 m · 4 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2009
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.