GC SERVICES
Open bankruptcyA bankruptcy procedure is open for GC SERVICES according to publications in the Belgian State Gazette; curator: Peter SUSTRONCK.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €179,163 and a net result of €121,816.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 20 January 2026
- Supervising judge
- Frank Vandelanotte
- Official Gazette
- 26-01-2026 (pdf) ↗search the document for 2026/102975
Deadlines
- Provisional date payments stopped
- 20 January 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 10 February 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 19 February 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 10 March 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 20 January 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Peter SustronckBurgemeester Nolfstraat 10, 8500 Kortrijkpeter.sustronck@sustronck.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-06-2024, 36 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
36 d early
2022
40 d early
2021
22 d early
2020
61 d late
2019
157 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Washing and cleaning of motor vehicles sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€179,163▲ 212%
2022 · €57,347
Total assets
€475,201▲ 265%
2022 · €130,105
Net result
€121,816▲ 444%
2022 · €22,395
Working capital
€265,953▲ 423%
2022 · €50,884
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€1,898€972▼ 48.8%€44,151▲ 4,443%€33,303▼ 24.6%€187,246▲ 462%
Net result-€460▲ 95.0%€708within the sector's middle half€31,127above the sector's middle half▲ 4,296%€22,395above the sector's middle half▼ 28.1%€121,816above the sector's middle half▲ 444%
Equity€10,892▼ 4.1%€11,600within the sector's middle half▲ 6.5%€42,727within the sector's middle half▲ 268%€57,347within the sector's middle half▲ 34.2%€179,163above the sector's middle half▲ 212%
Total assets€28,392▼ 13.5%€16,955below the sector's middle half▼ 40.3%€81,434within the sector's middle half▲ 380%€130,105within the sector's middle half▲ 59.8%€475,201above the sector's middle half▲ 265%
Debt€17,501▼ 18.5%€5,355▼ 69.4%€38,707▲ 623%€72,757▲ 88.0%€296,038▲ 307%
Working capital€9,678▲ 19.3%€11,076within the sector's middle half▲ 14.4%€42,608within the sector's middle half▲ 285%€50,884within the sector's middle half▲ 19.4%€265,953above the sector's middle half▲ 423%
Solvency38.4%▲ 3.8pp68.4%above the sector's middle half▲ 30.1pp52.5%within the sector's middle half▼ 15.9pp44.1%within the sector's middle half▼ 8.4pp37.7%within the sector's middle half▼ 6.4pp
Current ratio1.55▲ 0.183.07above the sector's middle half▲ 1.522.10within the sector's middle half▼ 0.971.70within the sector's middle half▼ 0.403.23above the sector's middle half▲ 1.53
Return on assets (ROA)-1.6%▲ 26.5pp4.2%within the sector's middle half▲ 5.8pp38.2%above the sector's middle half▲ 34.0pp17.2%above the sector's middle half▼ 21.0pp25.6%above the sector's middle half▲ 8.4pp
Staff (FTE)0.1▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 462% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €475,201
Fixed assets
€89,871 ▲ 1,290%
Current assets
€385,330 ▲ 212%
Equity and liabilities €475,201
Equity
€179,163 ▲ 212%
Debt
€296,038 ▲ 307%
Debt's share of the balance-sheet total rises from 55.9% to 62.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€190,807▲
2022 · €34,781
Cash flow
€125,376▲
2022 · €23,873
Debt to equity
1.65▲
2022 · 1.27
ROE
68.0%▲
2022 · 39.1%
Interest coverage
63.15▲
2022 · 37.52
Debt ≤ 1 year
€119,377▲
2022 · €72,757
Debt > 1 year
€176,661
Income taxes
€63,053▲
2022 · €9,982
Staff costs
€73,400▲
2022 · €65,953
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €33,043 | €65,953 | €73,400 | ▲ 11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €809 | €809 | €405 | €1,478 | €3,560 | ▲ 141% |
| Other operating charges640/8 | - | - | €2,583 | €1,875 | €1,288 | ▼ 31.3% |
| Gross operating margin9900 | €11,282 | €2,328 | €80,182 | €102,608 | €265,495 | ▲ 159% |
| Operating profit (loss)9901 | €1,898 | €972 | €44,151 | €33,303 | €187,246 | ▲ 462% |
| Financial income75/76B | - | - | €155 | €2 | €644 | ▲ 40,940% |
| Recurring financial income75 | €181 | - | €155 | €2 | €644 | ▲ 40,940% |
| Financial charges65/66B | - | - | €290 | €927 | €3,022 | ▲ 226% |
| Recurring financial charges65 | €1,413 | €267 | €290 | €927 | €3,022 | ▲ 226% |
| Profit (loss) for the period before taxes9903 | €667 | €705 | €44,016 | €32,377 | €184,869 | ▲ 471% |
| Income taxes67/77 | €1,127 | -€4 | €12,889 | €9,982 | €63,053 | ▲ 532% |
| Profit (loss) for the period9904 | -€460 | €708 | €31,127 | €22,395 | €121,816 | ▲ 444% |
| Profit (loss) for the period to be appropriated9905 | -€460 | €708 | €31,127 | €22,395 | €121,816 | ▲ 444% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €28,392 | €16,955 | €81,434 | €130,105 | €475,201 | ▲ 265% |
| Fixed assets21/28 | €1,214 | €524 | €119 | €6,464 | €89,871 | ▲ 1,290% |
| Intangible fixed assets21 | €1,214 | €405 | - | - | - | - |
| Tangible fixed assets22/27 | - | - | - | €6,345 | €89,752 | ▲ 1,315% |
| Land and buildings22 | - | - | - | - | €2,820 | - |
| Plant, machinery and equipment23 | - | - | - | €5,288 | €4,991 | ▼ 5.6% |
| Furniture and vehicles24 | - | - | - | €1,057 | €81,941 | ▲ 7,650% |
| Financial fixed assets28 | - | €119 | €119 | €119 | €119 | = |
| Current assets29/58 | €27,179 | €16,431 | €81,315 | €123,641 | €385,330 | ▲ 212% |
| Amounts receivable within one year40/41 | €27,179 | €16,431 | €80,484 | €98,614 | €339,274 | ▲ 244% |
| Trade receivables40 | - | - | €67,603 | €71,360 | €189,585 | ▲ 166% |
| Other amounts receivable41 | - | - | €12,881 | €27,254 | €149,689 | ▲ 449% |
| Cash at bank and in hand54/58 | - | - | €831 | €10,944 | €46,057 | ▲ 321% |
| Deferred charges and accrued income490/1 | - | - | - | €14,083 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €28,392 | €16,955 | €81,434 | €130,105 | €475,201 | ▲ 265% |
| Equity10/15 | €10,892 | €11,600 | €42,727 | €57,347 | €179,163 | ▲ 212% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €8,184 | €8,184 | €30,327 | €44,947 | €166,763 | ▲ 271% |
| Non-distributable reserves130/1 | - | - | €410 | €410 | €410 | = |
| Reserves not available under the articles1311 | - | - | €410 | €410 | €410 | = |
| Distributable reserves133 | - | - | €29,917 | €44,537 | €166,353 | ▲ 274% |
| Profit (loss) carried forward14 | -€9,693 | -€8,985 | - | - | - | - |
| Amounts payable17/49 | €17,501 | €5,355 | €38,707 | €72,757 | €296,038 | ▲ 307% |
| Amounts payable after more than one year17 | - | - | - | - | €176,661 | - |
| Financial debts170/4 | - | - | - | - | €176,661 | - |
| Amounts payable within one year42/48 | €17,501 | €5,355 | €38,707 | €72,757 | €119,377 | ▲ 64.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €35,749 | - |
| Trade debts44 | €4,169 | €645 | €20,436 | €38,108 | €5,795 | ▼ 84.8% |
| Suppliers440/4 | - | - | €20,436 | €38,108 | €5,795 | ▼ 84.8% |
| Taxes, remuneration and social security45 | - | - | €18,271 | €27,263 | €77,834 | ▲ 185% |
| Taxes450/3 | - | - | €16,375 | €23,340 | €73,791 | ▲ 216% |
| Remuneration and social security454/9 | - | - | €1,897 | €3,924 | €4,042 | ▲ 3.0% |
| Other amounts payable47/48 | - | - | - | €7,386 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€460 | €708 | €31,127 | €22,395 | €121,816 | ▲ 444% |
| + Depreciation and write-downs630 | €809 | €809 | €405 | €1,478 | €3,560 | ▲ 141% |
| Operating cash flow (approximation) | €349 | €1,517 | €31,531 | €23,873 | €125,376 | ▲ 425% |
| Investment in fixed assets (approximation) | - | -€119 | €0 | -€7,822 | -€86,967 | ▼ 1,012% |
| Change in cash | - | - | - | €10,113 | €35,113 | ▲ 247% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
26-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 20-01-2026
2025
05-09
KBO administration
Address struck
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €121,816 ▲444%
Operating result €187,246, net result €121,816, both a record.
31-12
Financial
Equity above €150,000Eq €179,163 ▲212%
4 profitable years in a row build equity to €179,163.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 157 days late
2020
31-12
Financial
Back to profitnet €708
Net result €708 after 2 loss-making years.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Kortrijk · 1 establishment unit since 2016
Ground area
2,779 m²
Building footprint
39 m²
Parcel 34022E0689/00W002, Flanders. Linked by address, not a title deed.
1 establishment unit
GC SERVICES
since 20162.255.437.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0689/00W002 | Flanders | 2,779 m² | 1 · 39 m² | 0.0 m |
Linked by address, not proof of ownership
Good to know
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 | Peter SUSTRONCK BURGEMEESTER NOLFSTRAAT 10,
8500 KORTRIJK |
20-01-2026 → present |
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Of 3,205 companies in sector 95316 we hold annual accounts for 754. 489 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.