@GCIS
Active@GCIS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €155k and a net result of €-51k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-16
Solvency87▼-8
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 3.03 in 2023), but 57% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
43%
Return on assets
-14.2%
Age of the figures
20 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
48 d late
2022
217 d late
2021
79 d late
2020
115 d late
2019
165 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€155k▼ 24.8%
2023 · €207k
2018: €78k
2019: €105k
2020: €154k
2021: €176k
2022: €200k
2023: €207k
2018 → 2024
Total assets
€361k▼ 13.2%
2023 · €416k
2018: €141k
2019: €150k
2020: €206k
2021: €427k
2022: €392k
2023: €416k
2018 → 2024
Net result
€-51k
2023 · €7k
2018: €23k
2019: €27k
2020: €49k
2021: €21k
2022: €24k
2023: €7k
2018 → 2024
Working capital
€88k▼ 33.4%
2023 · €132k
2018: €77k
2019: €70k
2020: €124k
2021: €111k
2022: €138k
2023: €132k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€154k-€176k▲ 13.9%€200k▲ 13.9%€207k▲ 3.3%€155k▼ 24.8%
Operating result€64k-€38k▼ 40.9%€36k▼ 6.4%€15k▼ 56.6%€-48k
Net result€49k-€21k▼ 56.6%€24k▲ 14.3%€7k▼ 72.6%€-51k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €48k after €15k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €361k
Fixed assets
€196k▼ 10.1%
Current assets
€165k▼ 16.5%
Equity and liabilities €361k
Equity
€155k▼ 24.8%
Debt
€206k▼ 1.7%
The debt ratio rises from 50.3% to 57.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-26k▼
2023 · €46k
Cash flow
€-28k▼
2023 · €37k
Solvency
43.0%▼
2023 · 49.7%
Current ratio
2.14▼
2023 · 3.03
Quick ratio
2.14▼
2023 · 3.03
Debt / equity
1.32▲
2023 · 1.01
ROE
-32.9%▼
2023 · 3.2%
ROA
-14.2%▼
2023 · 1.6%
Interest coverage
-7.06▼
2023 · 9.64
Debt
€206k▼
2023 · €209k
Debt ≤ 1 year
€77k▲
2023 · €65k
Debt > 1 year
€129k▼
2023 · €144k
Income taxes
€341▼
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€416k€361k▼
Fixed assets21/28€218k€196k▼
Tangible fixed assets22/27€212k€190k▼
Land and buildings22€184k€175k▼
Plant, machinery and equipment23€10k€579▼
Furniture and vehicles24€18k€14k▼
Financial fixed assets28€6k€6k=
Current assets29/58€198k€165k▼
Amounts receivable within one year40/41€81k€95k▲
Trade receivables40€611€20k▲
Other amounts receivable41€80k€75k▼
Cash at bank and in hand54/58€105k€65k▼
Deferred charges and accrued income490/1€12k€5k▼
Equity and liabilities
Total equity and liabilities10/49€416k€361k▼
Equity10/15€207k€155k▼
Contributions10/11€11k€11k=
Reserves13€41k€41k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€5k€5k=
Distributable reserves133€35k€37k▲
Profit (loss) carried forward14€155k€103k▼
Amounts payable17/49€209k€206k▼
Amounts payable after more than one year17€144k€129k▼
Financial debts170/4€144k€129k▼
Amounts payable within one year42/48€65k€77k▲
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€4k€7k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€32k€42k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€23k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€53k€-24k▼
Operating profit (loss)9901€15k€-48k▼
Financial income75/76B€439€1k▲
Recurring financial income75€439€1k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€11k€-51k▼
Income taxes67/77€4k€341▼
Profit (loss) for the period9904€7k€-51k▼
Profit (loss) for the period to be appropriated9905€7k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€155k€103k▼
Profit (loss) brought forward from the previous period14P€148k€155k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
31-12
Financial
Weakest financial yearnet €-51k ▼865%
Net result drops to €-51k, the lowest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 217 days late
2023
31-12
Financial
Equity above €200kEq €207k ▲3.3%
6 profitable years in a row build equity to €207k.
2022
31-12
Financial
Liquidity doublescurrent ratio 5.15
Current ratio from 2.43 to 5.15; short-term debt falls from €78k to €33k.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 115 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 165 days late
2020
31-12
Financial
Highest result since 2018net €49k ▲84.7%
Operating result €64k, net result €49k, both a record.
31-12
Financial
Equity above €150kEq €154k ▲46.9%
3 profitable years in a row build equity to €154k.
20-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 355 days late
2019
31-12
Financial
Equity above €100kEq €105k ▲34%
2 profitable years in a row build equity to €105k.
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 125 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
04-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 96 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Waterloo · 1 establishment unit since 2009
Ground area
1,424 m²
Building footprint
192 m²
Volume, LiDAR
2,973 m³
2 parcels, Brussels, Wallonia · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
@.G.C.I.S.
since 20092.178.961.676
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764Q0411/00A000 | Wallonia | 1,186 m² | 1 · 50 m² | 11.1 m · 3 fl. |
| 21673D0117/00X026 | Brussels | 238 m² | 1 · 143 m² | 20.8 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DER SCHMALE
BE 0779.324.427
Gent · Eq €155k
D & F SOLUTIONS
BE 0841.470.446
Zemst · Eq €155k
QUEST FOR PEOPLE
BE 0812.098.450
Kapellen · Eq €155k
Hazihasart
BE 0802.556.422
Leuven · Eq €156k
LC2
BE 0893.453.340
Neufchâteau · Eq €155k
Of 29,870 companies in sector 62200 we hold annual accounts for 18,318. 15,234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2009
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.