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GBL 1976

Inactive
KBO/BCE: BE 0697.777.715

GBL 1976 was declared bankrupt on 20-10-2022 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 08-10-2024, published in the Belgian State Gazette on 14-01-2026.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
30-06-2022 close31-01-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 06-01-2022, 25 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
25 d early
2020
5 d early
2019
on the day
← 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 2021, micro schema

Equity
€-31k
2020 · €17k
2019: €11k 2020: €17k
2019 → 2021
Total assets
€138k▼ 72.2%
2020 · €495k
2019: €156k 2020: €495k
2019 → 2021
Net result
€-48k
2020 · €6k
2019: €-7k 2020: €6k
2019 → 2021
Working capital
€-24k
2020 · €72k
2019: €90k 2020: €72k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201920202021Trend
Equity€11k-€17k▲ 57.1%€-31k
Operating result€-5k-€5k€-47k
Net result€-7k-€6k€-48k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2019: €-5k€-5kNet result 2019: €-7k€-7kOperating result 2020: €5k€5kNet result 2020: €6k€6kOperating result 2021: €-47k€-47kNet result 2021: €-48k€-48k201920202021€-60k€-40k€-20k€0Operating result 2019: €-5k€-5.4kNet result 2019: €-7k€-7.5kOperating result 2020: €5k€5.2kNet result 2020: €6k€6.3kOperating result 2021: €-47k€-47kNet result 2021: €-48k€-48k201920202021
The operating result turns negative in 2021: a loss of €47k after €5k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €138k
Fixed assets €2k =
Current assets €136k ▼ 72.4%
Key figures and ratios
2021 value · change against 2020
Solvency
-22.2%
2020 · 3.5%
Current ratio
0.85
2020 · 1.17
Debt to equity
-0.26
2020 · 3.21
ROA
-34.8%
2020 · 1.3%
Debt
€168k
2020 · €477k
Debt ≤ 1 year
€160k
2020 · €421k
Debt > 1 year
€8k
2020 · €56k
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 · 2021 against 2020 · 22 lines
Balance sheet Code20202021
Assets
Total assets20/58€495k€138k
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€493k€136k
Stocks and contracts in progress3€22k€0
Amounts receivable within one year40/41€459k€133k
Cash at bank and in hand54/58€12k€3k
Equity and liabilities
Total equity and liabilities10/49€495k€138k
Equity10/15€17k€-31k
Contributions10/11€19k-
Profit (loss) carried forward14€-1k€-49k
Amounts payable17/49€477k€168k
Amounts payable after more than one year17€56k€8k
Amounts payable within one year42/48€421k€160k
Trade debts44€365k€31k
Income statement Code20202021
Gross operating margin9900€8k€-46k
Operating profit (loss)9901€5k€-47k
Recurring financial income75€4k€2
Recurring financial charges65€3k€1k
Profit (loss) for the period before taxes9903€6k€-48k
Profit (loss) for the period9904€6k€-48k
Profit (loss) for the period to be appropriated9905€6k€-48k

Download as CSV

Timeline · acts, filings and financial milestones

2026
14-01
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · GBL 1976 BV MARTE- LARENLAAN 46, 3500 HASSELT · event 08-10-2024
2022
26-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · GBL 1976 BV MARTELAREN- LAAN 46, 3500 HASSELT · event 20-10-2022
06-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet €-48k ▼857%
Net result drops to €-48k, the lowest in the series.
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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
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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MICHAEL WARSON
KUNSTLAAN 18 BUS 6, 3500 HASSELT
20-10-202208-10-2024
Curator TOM RENCKENS
KUNST- LAAN 18 BUS 6, 3500 HASSELT
20-10-202208-10-2024