GC BUILDING

Open bankruptcy

Private limited companyfounded 2021Rue de Chapelle(TR) 214, 6183 Courcelles, BelgiumKBO/BCE: BE 0766.575.558

A bankruptcy procedure is open for GC BUILDING according to publications in the Belgian State Gazette; curator: PHILIPPE-ROBERT SCHREDER. The 2022 annual accounts show negative equity (€-14k) and a net result of €-26k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-09-2023, 50 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 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

50 d late

2021

50 d late

← before the deadline after the deadline →

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 2022, full schema

Turnover

€144k

EBIT margin

10.4%

Net result

€-26k

2021 · €10k

2021: €10k

2021 → 2022

Working capital

€-21k

2021 · €5k

2021: €5k

2021 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022Trend

Turnover€144k-

Equity€12k-€-14k

Operating result€15k-€-26k

Net result€10k-€-26k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2022: a loss of €26k after €15k in 2021.

Balance-sheet composition

2022 in colour, 2021 as the grey bar beneath

Assets €70k

10%

89.9%

Fixed assets €7k▲ 0.8%

Current assets €63k▲ 154%

Key figures and ratios

2022 value · change against 2021

EBITDA

€-23k▼

2021 · €16k

Cash flow

€-23k▼

2021 · €10k

Solvency

-20.4%▼

2021 · 36.5%

Current ratio

0.75▼

2021 · 1.23

Quick ratio

0.75▼

2021 · 1.23

Debt / equity

-5.91▼

2021 · 1.74

ROE

181.5%▲

2021 · 82.8%

ROA

-37.0%▼

2021 · 30.2%

Interest coverage

-68.48▼

2021 · 8.12

Debt

€84k▲

2021 · €20k

Debt ≤ 1 year

€84k▲

2021 · €20k

Staff costs

€340k▲

2021 · €99k

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 · 2022 against 2021

Balance sheet Code20212022

Assets

Total assets20/58€32k€70k▲

Fixed assets21/28€7k€7k▲

Tangible fixed assets22/27€7k€7k▲

Furniture and vehicles24€7k€7k▲

Financial fixed assets28€391€391=

Current assets29/58€25k€63k▲

Amounts receivable within one year40/41€4k€60k▲

Trade receivables40€4k€53k▲

Other amounts receivable41€434€7k▲

Cash at bank and in hand54/58€20k€2k▼

Deferred charges and accrued income490/1€1k€435▼

Equity and liabilities

Total equity and liabilities10/49€32k€70k▲

Equity10/15€12k€-14k▼

Contributions10/11€2k€2k=

Outside capital11€2k€2k=

Other1109/19€2k€2k=

Profit (loss) carried forward14€10k€-16k▼

Amounts payable17/49€20k€84k▲

Amounts payable within one year42/48€20k€84k▲

Trade debts44€4k€45k▲

Suppliers440/4€4k€45k▲

Taxes, remuneration and social security45€16k€39k▲

Taxes450/3€3k€3k▼

Remuneration and social security454/9€13k€36k▲

Other amounts payable47/48€296-

Income statement Code20212022

Turnover70€144k-

Goods, raw materials, services and sundry goods60/61€42k-

Remuneration, social security and pensions62€99k€340k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€704€3k▲

Other operating charges640/8€4k€3k▼

Gross operating margin9900€118k€320k▲

Operating profit (loss)9901€15k€-26k▼

Financial income75/76B-€1

Recurring financial income75-€1

Financial charges65/66B€2k€331▼

Recurring financial charges65€2k€331▼

Profit (loss) for the period before taxes9903€13k€-26k▼

Income taxes67/77€3k-

Profit (loss) for the period9904€10k€-26k▼

Profit (loss) for the period to be appropriated9905€10k€-26k▼

Appropriation of the result

Profit (loss) to be appropriated9906€10k€-16k▼

Profit (loss) brought forward from the previous period14P-€10k

The notes to these accounts (5 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

All 3Signals 1Filings 2

2025

13-06

Bankruptcy Opening

Tribunal de l’entreprise du Hainaut, division Charleroi · GC BUILDING (SRL) RUE DE CHAPELLE(TR) 214 BTE 2/1, 6183 TRAZEGNIES · event 02-06-2025

2023

19-09

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 50 days late

2022

19-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 50 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, Courcelles · 1 establishment unit since 2021

establishment The establishment unit 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.

Rue de Chapelle(TR) 2146183 Courcelles

Ground area

336 m²

Parcel 52066B0085/00M003, Wallonia. Linked by address, not a title deed.

1 establishment unit

GC BUILDING

Rue de Chapelle(TR) 214, 6183 CourcellesManufacture of metal structures and parts of structures

since 20212.318.135.395

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52066B0085/00M003	Wallonia	336 m²	-	-

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.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	PHILIPPE-ROBERT SCHREDER CHAUSSEE DE MONTIGNY, 89/A, 6060 GILLY (CHARLEROI)- . Date provisoire de cessation de paiement : 02/06/2025	02-06-2025 → present