GD
Open bankruptcyA bankruptcy procedure is open for GD according to publications in the Belgian State Gazette; curator: PETRA SEYMOENS. The 2024 annual accounts show negative equity (€-4k) and a net result of €-5k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
5 d early
2022
on the day
2021
29 d late
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-4k
2023 · €2k
2018: €48k
2019: €48k
2020: €36k
2021: €27k
2022: €18k
2023: €2k
2018 → 2024
Total assets
€1k▼ 67.8%
2023 · €3k
2018: €67k
2019: €70k
2020: €39k
2021: €29k
2022: €24k
2023: €3k
2018 → 2024
Net result
€-5k▲ 65.9%
2023 · €-16k
2018: €796
2019: €331
2020: €-12k
2021: €-10k
2022: €-9k
2023: €-16k
2018 → 2024
Working capital
€-4k
2023 · €242
2018: €53k
2019: €45k
2020: €33k
2021: €23k
2022: €15k
2023: €242
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€36k-€27k▼ 26.3%€18k▼ 33.3%€2k▼ 89.9%€-4k
Operating result€-6k-€-3k▲ 55.3%€-2k▲ 22.1%€-16k▼ 654%€-5k▲ 70.3%
Net result€-12k-€-10k▲ 22.1%€-9k▲ 6.6%€-16k▼ 80.1%€-5k▲ 65.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2024 against €16k in 2023; the loss shrinks.
Key figures and ratios
Debt
€5k▲
2023 · €2k
Debt ≤ 1 year
€5k▲
2023 · €2k
Staff costs
€0▼
2023 · €907
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
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€3k€1k▼
Fixed assets21/28€2k€0▼
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Other tangible fixed assets26€0-
Financial fixed assets28€2k€0▼
Current assets29/58€2k€1k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€588€1k▲
Trade receivables40€0-
Other amounts receivable41€588€1k▲
Cash at bank and in hand54/58€1k€31▼
Equity and liabilities
Total equity and liabilities10/49€3k€1k▼
Equity10/15€2k€-4k▼
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-25k€-30k▼
Amounts payable17/49€2k€5k▲
Amounts payable within one year42/48€2k€5k▲
Trade debts44€40€2k▲
Suppliers440/4€40€2k▲
Taxes, remuneration and social security45€50€0▼
Taxes450/3€50€0▼
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€907€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€2k€0▼
Gross operating margin9900€-13k€-5k▲
Operating profit (loss)9901€-16k€-5k▲
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€386€833▲
Recurring financial charges65€386€833▲
Profit (loss) for the period before taxes9903€-16k€-5k▲
Profit (loss) for the period9904€-16k€-5k▲
Profit (loss) for the period to be appropriated9905€-16k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-30k▼
Profit (loss) brought forward from the previous period14P€-9k€-25k▼
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
2026
07-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · GD BV BEVERSTRAAT 36, 9400 NINOVE · event 31-03-2026
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 11.00
Current ratio from 3.10 to 11.00; short-term debt falls from €21k to €3k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ninove · 1 establishment unit since 1994
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.
Beverstraat 369400 NinoveGround area
223 m²
Building footprint
223 m²
Volume, LiDAR
1,248 m³
Parcel 41362B0979/00C000, Flanders · tallest building 16.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Taverne Ninof
since 19942.068.102.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0979/00C000 | Flanders | 223 m² | 1 · 223 m² | 16.5 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PETRA SEYMOENS EDINGSESTEENWEG 268,
9400 NINOVE |
31-03-2026 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 2,557 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-08-1994
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.