GAMZ 9
ActiveThe computed 12-month bankruptcy probability of GAMZ 9 is 6.5% (elevated). The 2024 annual accounts show equity of €6k and a net result of €-1k. Its solvency ranks better than 17% of 36377 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency17▼-80
Growth58
Stability94
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 2.04 in 2023), and 86% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
14%
Return on assets
-2.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
71 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 16.8%
2023 · €7k
2023: €7k
2023 → 2024
Total assets
€43k▲ 225%
2023 · €13k
2023: €13k
2023 → 2024
Net result
€-1k▲ 54.6%
2023 · €-3k
2023: €-3k
2023 → 2024
Working capital
€-6k
2023 · €6k
2023: €6k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€7k-€6k▼ 16.8%
Operating result€-3k-€-484▲ 80.7%
Net result€-3k-€-1k▲ 54.6%
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 €484 in 2024 against €3k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43k
Fixed assets
€13k▲ 1,138%
Current assets
€31k▲ 150%
Equity and liabilities €43k
Equity
€6k▼ 16.8%
Debt
€37k▲ 517%
The debt ratio rises from 45.3% to 86.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€957▲
2023 · €-1k
Cash flow
€215▲
2023 · €-1k
Solvency
14.0%▼
2023 · 54.7%
Current ratio
0.83▼
2023 · 2.04
Quick ratio
0.83▼
2023 · 2.04
Debt / equity
6.14▲
2023 · 0.83
ROE
-20.2%▲
2023 · -37.0%
ROA
-2.8%▲
2023 · -20.2%
Interest coverage
2.48▲
2023 · -6.79
Debt
€37k▲
2023 · €6k
Debt ≤ 1 year
€37k▲
2023 · €6k
Income taxes
€356
Staff costs
€46k
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€13k€43k▲
Fixed assets21/28€1k€13k▲
Tangible fixed assets22/27€1k€7k▲
Plant, machinery and equipment23€1k€7k▲
Financial fixed assets28-€6k
Current assets29/58€12k€31k▲
Amounts receivable within one year40/41€9k€3k▼
Trade receivables40-€2k
Other amounts receivable41€9k€588▼
Cash at bank and in hand54/58€3k€22k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€13k€43k▲
Equity10/15€7k€6k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-3k€-4k▼
Amounts payable17/49€6k€37k▲
Amounts payable within one year42/48€6k€37k▲
Trade debts44€0€6k▲
Suppliers440/4€0€6k▲
Taxes, remuneration and social security45€6k€22k▲
Taxes450/3-€16k
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48-€10k
Income statement
Code20232024
Remuneration, social security and pensions62-€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€109€466▲
Gross operating margin9900€-1k€47k▲
Operating profit (loss)9901€-3k€-484▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€184€386▲
Recurring financial charges65€184€386▲
Profit (loss) for the period before taxes9903€-3k€-870▲
Income taxes67/77-€356
Profit (loss) for the period9904€-3k€-1k▲
Profit (loss) for the period to be appropriated9905€-3k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-4k▼
Profit (loss) brought forward from the previous period14P-€-3k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
NBB filing
Directors · office · real estate
Directors
2 directors, no change since 2025
Mera NAGAA
CurrentDirector · since 11-02-2025
11-02-2025
Mera NAGAA: Appointed as Director
11-02-2025
Daniel Gur: Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2024
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.
Koningsstraat 851000 BrusselGround area
692 m²
Building footprint
125 m²
Volume, LiDAR
2,481 m³
Parcel 21803C1247/00Z002, Brussels · tallest building 22.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Nasu
since 20242.355.773.375
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C1247/00Z002 | Brussels | 692 m² | 1 · 125 m² | 22.0 m · 7 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
GROENVYNCK KENNY
BE 0836.070.417
Oostende · Eq €6k
Develek
BE 1022.388.215
Haaltert · Eq €6k
M.P.-SERVICES
BE 0727.377.660
Antwerpen · Eq €6k
Techniques Spéciales Solutions
BE 0779.460.524
Rebecq · Eq €6k
YILMAZ CONSTRUCTIONS
BE 0770.493.467
Sint-Niklaas · Eq €6k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 4,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2022
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
96022Beauty treatment
96220Beauty care and other beauty treatments
42211Civil engineering
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.