GCcold
ActiveThe computed 12-month bankruptcy probability of GCcold is 2.2% (moderate). The 2025 annual accounts show equity of €91k and a net result of €26k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 72% of 27711 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+15
Solvency93▼-7
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 4.31 in 2024; short-term debt: 22.2% and cash: 5.5% of total assets), and 32.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
67.5%
Return on assets
19.4%
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
21 d late
2023
8 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 40.2%
2024 · €65k
2023: €51k
2024: €65k
2023 → 2025
Total assets
€135k▲ 59.4%
2024 · €84k
2023: €78k
2024: €84k
2023 → 2025
Net result
€26k▲ 91.3%
2024 · €14k
2023: €49k
2024: €14k
2023 → 2025
Working capital
€82k▲ 27.0%
2024 · €65k
2023: €51k
2024: €65k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€51k-€65k▲ 26.6%€91k▲ 40.2%
Operating result€62k-€16k▼ 74.9%€31k▲ 102%
Net result€49k-€14k▼ 72.3%€26k▲ 91.3%
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 2025; 2025 is 102% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135k
Fixed assets
€22k
Current assets
€112k
Equity and liabilities €135k
Equity
€91k▲ 40.2%
Debt
€44k▲ 123%
The debt ratio rises from 23.2% to 32.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32k
Cash flow
€26k
Solvency
67.5%▼
2024 · 76.8%
Current ratio
3.75▼
2024 · 4.31
Quick ratio
3.75▼
2024 · 4.31
Debt / equity
0.48▲
2024 · 0.30
ROE
28.7%▲
2024 · 21.0%
ROA
19.4%▲
2024 · 16.1%
Interest coverage
28.55
Debt
€44k▲
2024 · €20k
Debt ≤ 1 year
€30k▲
2024 · €20k
Debt > 1 year
€14k
Income taxes
€8k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€84k€135k▲
Fixed assets21/28-€22k
Tangible fixed assets22/27-€22k
Land and buildings22-€22k
Current assets29/58€84k€112k▲
Amounts receivable within one year40/41€81k€105k▲
Trade receivables40€47k€48k▲
Other amounts receivable41€34k€57k▲
Cash at bank and in hand54/58€3k€7k▲
Equity and liabilities
Total equity and liabilities10/49€84k€135k▲
Equity10/15€65k€91k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€63k€89k▲
Amounts payable17/49€20k€44k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€20k€30k▲
Current portion of amounts payable after more than one year42-€4k
Trade debts44€2k€14k▲
Suppliers440/4€2k€14k▲
Taxes, remuneration and social security45€17k€12k▼
Taxes450/3€17k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€291
Other operating charges640/8€686€932▲
Gross operating margin9900€16k€33k▲
Operating profit (loss)9901€16k€31k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€211€1k▲
Recurring financial charges65€211€1k▲
Profit (loss) for the period before taxes9903€18k€34k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€14k€26k▲
Profit (loss) for the period to be appropriated9905€14k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€89k▲
Profit (loss) brought forward from the previous period14P€49k€63k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €14k ▼72.3%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Borsbeek · 1 establishment unit since 2022
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.
de Robianostraat 1382150 BorsbeekGround area
456 m²
Building footprint
222 m²
Volume, LiDAR
1,861 m³
Parcel 11007A0099/00G018, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GCcold
since 20222.339.313.861
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007A0099/00G018 | Flanders | 456 m² | 1 · 222 m² | 9.8 m · 3 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.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,887 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2022
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.