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GD DEVELOPMENT CONCEPT

Active Private limited companyfounded 2020active for 6 yearsZuidlaan 98, 1000 BrusselsKBO/BCE: BE 0752.659.226

Lifetime

4 annual accounts with figures on one time axis
peak €14,190 (2024)
€14,190▲ 11.2%
lowest -€19,907 (2022)
-€6,330▲ €1,774
peak -€11,034 (2021)
-€45,375▼ €6,330
€48,035▲ 14.7%
Board5 names since 2020
- 
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Loss of €6,330Equity from -€39,044 to -€45,375Cash from €0 to €686

Key points

from the 2024 annual accounts

Equity

-€45,375
2021202220232024

Debts exceed assets in financial year 2024.

Losses

-€48,375 in four years
-14,0342021-19,9072022-8,1032023-6,3302024

Every financial year from 2021 to 2024 closed with a loss. 2022 was the heaviest.

Turnover

≈ €89,000 estimated

The micro format states no turnover.

Filings

4 annual accounts 103 days past the deadline
AprilJune31 JulyOctober2021202220232024

2025 accounts not filed: deadline was 31-07-2026.

Board

1 joined · 1 left

Board changed. Latest change 04-02-2026 · 1 in office.

Position in the sector

-1705.5%

Lower solvency than 95% of companies in other professional activities. Sector median 50.3% · 4,285 companies.

Checked score

47
Fair
Financially stronger than 14% of micro companies in other professional activities (NACE 74)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 5,431 companies (NACE 74, micro).

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.6% 01-2025: 3.2%▼ -0.4 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.3%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%▼ -0.2 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.6%▲ +0.5 percentage points vs 07-2025 09-2025: 4.1%▲ +0.5 percentage points vs 08-2025 10-2025: 5.3%▲ +1.2 percentage points vs 09-2025highest value 11-2025: 0.8%▼ -4.5 percentage points vs 10-2025lowest value 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.3%▲ +0.1 percentage points vs 08-2026 10-2026: 3.7%▲ +2.4 percentage points vs 09-2026 11-2026: 3.7%● unchanged vs 10-2026

Financial strength
Weak

0=equity -1705.5% of total assets
32+32short-term debt 1805.0% · cash 25.8%
0=return on assets -237.9%

Score breakdown

raises risk
1 change of registered office in 24 months
Figures for financial year 2024 (filed on 03-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
lowers risk
Sector: Other professional, scientific and technical activities (NACE 74)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro). It does better than 5% of them on solvency, 18% on liquidity, 7% on profitability and 26% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,008 companies had the same profile as GD DEVELOPMENT CONCEPT has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GD DEVELOPMENT CONCEPT itself: 3.7% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,008 companies, not a prediction for GD DEVELOPMENT CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No credit on open account

The balance sheet total is too small for a liquidity verdict. Equity is negative.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 03-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year -€45,375
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
133 days late
2022
34 days early
2021
182 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 86 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PT
Director
  • PETRARU TOADER 100 sharesdeed of 16-09-2026
Board & ownership

Recent changes

Registered office moved from Molenbeek-Saint-Jean to Brussels Transfer of 100 shares from DARABAN RALUCA GEORGIANA to PETRARU TOADER · New registered office: Boulevard du Midi 98 A1, 1000 Bruxelles · Previous registered office: RUE DU LAEKENVELD 27, 1080 MOLENBEEK-SAINT-JEAN · General meeting of 04-02-2026 · Gazette deed
Resignation: CRISAN Narcis-loan (director) General meeting of 29-09-2023 · Gazette deed
Incorporation Founding capital of €3,000, 30 shares · Founder: BADEA Raluca Georgiana (comparant) · Appointments: CRISAN Narcis-Ioan (director) and BADEA Raluca Georgiana (director) · published on 19-08-2020 · Gazette deed
First establishment Laekenveldstraat 27, Molenbeek-Saint-Jean
All 9 events

Comparable companies

same main activity, similar in size and age
Company
GD DEVELOPMENT CONCEPT Brussels €2,661 €14,190 -1705.5% -
Djoum Business Group Wemmel €2,384 €9,222 -75.6% -
VRH GROUP Ardooie €7,730 €3,855 16.1% -
PANOSPHERE Waterloo €3,055 €1,787 -28.2% -
Lev3lUp Agency Namur €12,943 €12,314 1.6% -
BE STILL Liège €8,573 €7,419 9.3% -
WAY AWAY Schaerbeek €3,724 €668 -28.6% -

These companies have the same main activity as GD DEVELOPMENT CONCEPT: agents and managers of artists, athletes and other public figures (NACE 74991). They are comparable in size and age: total assets between €2,380 and €12,900, founded between 2014 and 2023.

Official details

Source: KBO
Status
Active since 17-08-2020Normal situation
Activity
Agents and managers of artists, athletes and other public figuresNACE 74991and 5 others
Establishment unit
2.306.166.2881080 Molenbeek-Saint-Jean, since 17-08-2020
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

€2,661▼ 6.2%
Employeeson 31-12-2024
1
Filing
Filed on 30-09-2025
Financials

Insights on GD DEVELOPMENT CONCEPT

GD DEVELOPMENT CONCEPT files the micro format. That format states no turnover. The gross margin rose from €5,519 in 2021 to €14,190 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GD DEVELOPMENT CONCEPT

What is the company number of GD DEVELOPMENT CONCEPT?
The company number of GD DEVELOPMENT CONCEPT is 0752.659.226. The VAT number is the same number with BE in front: BE 0752.659.226.
Where is GD DEVELOPMENT CONCEPT based?
The registered office is at Zuidlaan 98, 1000 Brussels.Company details
What does GD DEVELOPMENT CONCEPT do?
According to the KBO register, the main activity is agents and managers of artists, athletes and other public figures (NACE 74991).
What is the legal form of GD DEVELOPMENT CONCEPT?
GD DEVELOPMENT CONCEPT is a private limited company (BV).
When was GD DEVELOPMENT CONCEPT founded?
GD DEVELOPMENT CONCEPT was founded on 17-08-2020.
Is GD DEVELOPMENT CONCEPT still active?
Yes, GD DEVELOPMENT CONCEPT is an active enterprise in the KBO register.
How many employees does GD DEVELOPMENT CONCEPT have?
GD DEVELOPMENT CONCEPT had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of GD DEVELOPMENT CONCEPT?
The turnover in financial year 2024 is ≈ €89,000. This figure is estimated from the gross margin of €14,190 and 41 comparable companies (NACE 74). It probably lies between €44,000 and €160,000. It is a rough estimate. In financial year 2023 turnover was €49,369.
Is GD DEVELOPMENT CONCEPT profitable?
In financial year 2024, GD DEVELOPMENT CONCEPT made a loss of €6,330.
Where can I find the annual accounts of GD DEVELOPMENT CONCEPT?
GD DEVELOPMENT CONCEPT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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