GC2
ActiveSummary
GC2 has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €40k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 76% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+26
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.2 against 6.44 in 2024; short-term debt: 20.1% and cash: 51.8% of total assets), and 20.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.9%
Return on assets
25.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
9 d early
2023
210 d late
2022
12 d early
2021
6 d early
2020
25 d late
2019
11 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 10.1%
2024 · €116k
Total assets
€159k▲ 19.9%
2024 · €133k
Net result
€40k▲ 560%
2024 · €6k
Working capital
€102k▲ 12.8%
2024 · €91k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-2k€-26k▼ 1,366%€74k€10k▼ 86.7%€57k▲ 486%
Net result€-3k€-26k▼ 944%€57k€6k▼ 89.3%€40k▲ 560%
Equity€90k▼ 4.4%€62k▼ 31.0%€111k▲ 78.4%€116k▲ 4.0%€127k▲ 10.1%
Total assets€126k▲ 27.1%€101k▼ 20.4%€134k▲ 33.0%€133k▼ 0.8%€159k▲ 19.9%
Debt€36k▲ 609%€38k▲ 5.9%€23k▼ 40.8%€17k▼ 24.1%€32k▲ 85.8%
Working capital€70k▼ 17.1%€45k▼ 36.3%€93k▲ 107%€91k▼ 2.1%€102k▲ 12.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 486% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159k
Fixed assets
€25k ▼ 1.8%
Current assets
€134k ▲ 25.1%
Equity and liabilities €159k
Equity
€127k ▲ 10.1%
Debt
€32k ▲ 85.8%
Debt's share of the balance-sheet total rises from 13.0% to 20.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▲
2024 · €14k
Cash flow
€46k▲
2024 · €10k
Current ratio
4.20▼
2024 · 6.44
Quick ratio
4.19▼
2024 · 6.36
Debt to equity
0.25▲
2024 · 0.15
ROE
31.5%▲
2024 · 5.3%
ROA
25.1%▲
2024 · 4.6%
Interest coverage
-1818.86▼
2024 · 46.21
Debt ≤ 1 year
€32k▲
2024 · €17k
Income taxes
€17k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €8k | €8k | €4k | €6k | ▲ 49.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €828 | - |
| Other operating charges640/8 | €755 | €778 | €1k | €2k | €1k | ▼ 9.3% |
| Non-recurring operating charges66A | €846 | €0 | - | €7k | €0 | ▼ 100% |
| Gross operating margin9900 | €6k | €-17k | €84k | €22k | €66k | ▲ 196% |
| Operating profit (loss)9901 | €-2k | €-26k | €74k | €10k | €57k | ▲ 486% |
| Financial income75/76B | €5 | €9 | €113 | €233 | €8 | ▼ 96.6% |
| Recurring financial income75 | €5 | €9 | €113 | €233 | €8 | ▼ 96.6% |
| Financial charges65/66B | €595 | €675 | €352 | €303 | €-35 | ▼ 112% |
| Recurring financial charges65 | €595 | €675 | €352 | €303 | €-35 | ▼ 112% |
| Profit (loss) for the period before taxes9903 | €-2k | €-26k | €74k | €10k | €57k | ▲ 491% |
| Income taxes67/77 | €192 | €131 | €17k | €4k | €17k | ▲ 376% |
| Profit (loss) for the period9904 | €-3k | €-26k | €57k | €6k | €40k | ▲ 560% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-26k | €57k | €6k | €40k | ▲ 560% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €126k | €101k | €134k | €133k | €159k | ▲ 19.9% |
| Fixed assets21/28 | €34k | €26k | €19k | €25k | €25k | ▼ 1.8% |
| Tangible fixed assets22/27 | €34k | €26k | €19k | €25k | €25k | ▼ 1.8% |
| Furniture and vehicles24 | €34k | €26k | €17k | €24k | €19k | ▼ 20.4% |
| Other tangible fixed assets26 | €0 | - | €1k | €900 | €5k | ▲ 502% |
| Current assets29/58 | €93k | €75k | €115k | €108k | €134k | ▲ 25.1% |
| Stocks and contracts in progress3 | - | €2k | €2k | €1k | €125 | ▼ 90.4% |
| Stocks30/36 | - | €2k | €2k | €1k | €125 | ▼ 90.4% |
| Amounts receivable within one year40/41 | €34k | €38k | €16k | €33k | €50k | ▲ 50.6% |
| Trade receivables40 | €23k | €22k | €11k | €28k | €41k | ▲ 44.4% |
| Other amounts receivable41 | €10k | €16k | €5k | €5k | €10k | ▲ 83.5% |
| Cash at bank and in hand54/58 | €46k | €25k | €91k | €63k | €82k | ▲ 30.2% |
| Deferred charges and accrued income490/1 | €13k | €10k | €7k | €10k | €2k | ▼ 82.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €126k | €101k | €134k | €133k | €159k | ▲ 19.9% |
| Equity10/15 | €90k | €62k | €111k | €116k | €127k | ▲ 10.1% |
| Contributions10/11 | €7k | €7k | €7k | €7k | €7k | = |
| Reserves13 | €78k | €55k | €104k | €109k | €120k | ▲ 10.8% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €76k | €53k | €104k | €109k | €120k | ▲ 10.8% |
| Profit (loss) carried forward14 | €6k | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €36k | €38k | €23k | €17k | €32k | ▲ 85.8% |
| Amounts payable after more than one year17 | €14k | €7k | €0 | - | - | - |
| Financial debts170/4 | €14k | €7k | €0 | - | - | - |
| Amounts payable within one year42/48 | €22k | €30k | €23k | €17k | €32k | ▲ 91.8% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | €0 | - | - | - |
| Trade debts44 | €8k | €13k | €3k | €3k | €687 | ▼ 74.4% |
| Suppliers440/4 | €8k | €13k | €3k | €3k | €687 | ▼ 74.4% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €1k | €471 | €12k | €10k | €3k | ▼ 71.0% |
| Taxes450/3 | €1k | €471 | €12k | €10k | €3k | ▼ 71.0% |
| Other amounts payable47/48 | €6k | €10k | €8k | €4k | €28k | ▲ 672% |
| Accrued charges and deferred income492/3 | €474 | €623 | €224 | €542 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-26k | €57k | €6k | €40k | ▲ 560% |
| + Depreciation and write-downs630 | €6k | €8k | €8k | €4k | €6k | ▲ 49.6% |
| Operating cash flow (approximation) | €4k | €-18k | €65k | €10k | €46k | ▲ 352% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €-11k | €-6k | ▲ 46.5% |
| Change in cash | - | €-20k | €66k | €-27k | €19k | ▲ 170% |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 210 days late
2023
31-12
Financial
Back to profitnet €57k
Net result €57k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 5.12
Current ratio from 2.48 to 5.12; short-term debt falls from €30k to €23k.
31-12
Financial
Equity above €100kEq €111k ▲78.4%
Equity rises from €62k to €111k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Liquidity times 8current ratio 18.39
Current ratio from 2.29 to 18.39; short-term debt falls from €40k to €5k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Arendonk · 1 establishment unit since 2008
Ground area
858 m²
Building footprint
92 m²
Volume, LiDAR
677 m³
Parcel 13322D0696/00R000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GC2
since 20082.170.461.310
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322D0696/00R000 | Flanders | 858 m² | 1 · 92 m² | 10.1 m · 2 fl. |
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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,862 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
Founded14-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.