GCL
BankruptcySummary
The KBO register records for GCL the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2015 annual accounts show negative equity (-€101,161) and a net result of €2,125.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
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.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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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
Two 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 31-12-2015 was due by 31-07-2016 and was filed on 10-05-2016, 82 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
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 Wholesale of construction materials, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2015, full schema
Turnover
€2.0m
EBIT margin
2.8%
Net result
€2,125
2014 · -€85,054
Working capital
-€163,899▼ 12.1%
2014 · -€146,178
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
Line20112012201320142015
Turnover€2.0m-
Operating result€56,305--€127,097-€442,225▼ 248%-€68,807▲ 84.4%€54,487
Net result€44,917--€182,844-€529,825▼ 190%-€85,054▲ 83.9%€2,125
EBIT margin2.8%-
Equity€197,728-€14,884▼ 92.5%-€514,941-€103,285▲ 79.9%-€101,161▲ 2.1%
Total assets€1.6m-€1.9m▲ 16.1%€1.6m▼ 13.9%€1.5m▼ 7.1%€1.3m▼ 13.7%
Debt€1.4m-€1.9m▲ 31.1%€2.1m▲ 14.3%€1.6m▼ 24.7%€1.4m▼ 13.0%
Working capital-€358,071--€459,436▼ 28.3%-€706,953▼ 53.9%-€146,178▲ 79.3%-€163,899▼ 12.1%
Staff (FTE)16.4-21.6▲ 31.7%21.2▼ 1.9%14.3▼ 32.5%13▼ 9.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2015: €54,487 after a loss of €68,807 in 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €1.3m
Fixed assets
€538,955 ▼ 28.0%
Current assets
€763,386 ▲ 0.3%
Key figures and ratios
EBITDA
€276,505▲
2014 · €217,030
Cash flow
€224,143▲
2014 · €200,784
Solvency
-7.8%▼
2014 · -6.8%
Current ratio
0.82▼
2014 · 0.84
Debt to equity
-4.71▲
2014 · -6.84
ROA
0.2%▲
2014 · -5.6%
Debt ≤ 1 year
€927,285▲
2014 · €907,120
Debt > 1 year
€476,217▼
2014 · €705,999
Income taxes
€921▲
2014 · €519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €2.0m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €212,684 | €301,413 | €311,520 | €285,838 | €222,018 | ▼ 22.3% |
| Gross operating margin9900 | €1.1m | €1.3m | €1.0m | €945,051 | €943,166 | ▼ 0.2% |
| Operating profit (loss)9901 | €56,305 | -€127,097 | -€442,225 | -€68,807 | €54,487 | ▲ 179% |
| Recurring financial income75 | €338 | €246 | €3,798 | €2,866 | €1,689 | ▼ 41.1% |
| Recurring financial charges65 | €38,306 | €62,131 | €90,689 | €52,180 | €40,328 | ▼ 22.7% |
| Profit (loss) for the period before taxes9903 | €65,042 | -€174,784 | -€529,116 | €412,175 | €3,046 | ▼ 99.3% |
| Income taxes67/77 | €20,125 | €8,060 | €709 | €519 | €921 | ▲ 77.3% |
| Profit (loss) for the period9904 | €44,917 | -€182,844 | -€529,825 | -€85,054 | €2,125 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €44,917 | -€182,844 | -€529,825 | -€85,054 | €2,125 | ▲ 102% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.9m | €1.6m | €1.5m | €1.3m | ▼ 13.7% |
| Fixed assets21/28 | €899,064 | €1.2m | €1.0m | €748,892 | €538,955 | ▼ 28.0% |
| Intangible fixed assets21 | - | - | €3,920 | €2,940 | €6,187 | ▲ 110% |
| Tangible fixed assets22/27 | €899,064 | €1.2m | €1.0m | €745,952 | €532,768 | ▼ 28.6% |
| Current assets29/58 | €727,759 | €646,689 | €609,285 | €760,942 | €763,386 | ▲ 0.3% |
| Stocks and contracts in progress3 | - | - | €1,220 | €6,844 | - | - |
| Amounts receivable within one year40/41 | €645,162 | €617,912 | €584,453 | €639,239 | €698,691 | ▲ 9.3% |
| Cash at bank and in hand54/58 | €55,253 | €20,220 | €23,208 | €58,079 | €19,825 | ▼ 65.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.9m | €1.6m | €1.5m | €1.3m | ▼ 13.7% |
| Equity10/15 | €197,728 | €14,884 | -€514,941 | -€103,285 | -€101,161 | ▲ 2.1% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €502,909 | €502,909 | = |
| Profit (loss) carried forward14 | €129,528 | -€53,316 | -€583,141 | -€668,194 | -€666,070 | ▲ 0.3% |
| Amounts payable17/49 | €1.4m | €1.9m | €2.1m | €1.6m | €1.4m | ▼ 13.0% |
| Amounts payable after more than one year17 | €343,265 | €766,836 | €824,670 | €705,999 | €476,217 | ▼ 32.5% |
| Amounts payable within one year42/48 | €1.1m | €1.1m | €1.3m | €907,120 | €927,285 | ▲ 2.2% |
| Trade debts44 | €475,190 | €233,987 | €365,907 | €200,996 | €173,314 | ▼ 13.8% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,917 | -€182,844 | -€529,825 | -€85,054 | €2,125 | ▲ 102% |
| + Depreciation and write-downs630 | €212,684 | €301,413 | €311,520 | €285,838 | €222,018 | ▼ 22.3% |
| Operating cash flow (approximation) | €257,601 | €118,569 | -€218,305 | €200,784 | €224,143 | ▲ 11.6% |
| Investment in fixed assets (approximation) | - | -€644,240 | -€86,310 | -€18,047 | -€12,081 | ▲ 33.1% |
| Change in cash | - | -€35,033 | €2,988 | €34,871 | -€38,254 | ▼ 210% |
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
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Back to profitnet €2,125
Net result €2,125 after 3 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 24 days late
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-12
Financial
Weakest financial yearnet -€529,825
Net result drops to -€529,825, the lowest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 9 days late
2012
25-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 56 days late
2011
29-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 29 days late
18-05
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 291 days late
2009
31-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 31 days late
2008
30-08
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 30 days late
2007
01-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Herstal · 1 establishment unit since 1993
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.
Parc Ind. des Hauts Sarts, 1e av 224040 Herstal1 establishment unit
GCL GROUP
since 19932.063.564.538
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. 374 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-04-1993
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
46841Wholesale trade
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.