GDA Group
BankruptcySummary
The KBO register records for GDA Group the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-93k) and a net result of €-181k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
140 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€-93k
2019 · €88k
2018: €60k
2019: €88k▲ +46.2% vs 2018highest in 3 years
2020: €-93k▼ -206% vs 2019lowest in 3 years
2018 → 2020
Total assets
€238k▲ 11.2%
2019 · €214k
2018: €149klowest in 3 years
2019: €214k▲ +43.4% vs 2018
2020: €238k▲ +11.2% vs 2019highest in 3 years
2018 → 2020
Net result
€-181k
2019 · €28k
2018: €38khighest in 3 years
2019: €28k▼ -26.4% vs 2018
2020: €-181k▼ -753% vs 2019lowest in 3 years
2018 → 2020
Working capital
€-108k
2019 · €82k
2018: €55k
2019: €82k▲ +47.8% vs 2018highest in 3 years
2020: €-108k▼ -232% vs 2019lowest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€60k-€88k▲ 46.2%€-93k
2018: €60k
2019: €88k▲ +46.2% vs 2018highest in 3 years
2020: €-93k▼ -206% vs 2019lowest in 3 years
Operating result€39k-€45k▲ 14.5%€-169k
2018: €39k
2019: €45k▲ +14.5% vs 2018highest in 3 years
2020: €-169k▼ -478% vs 2019lowest in 3 years
Net result€38k-€28k▼ 26.4%€-181k
2018: €38khighest in 3 years
2019: €28k▼ -26.4% vs 2018
2020: €-181k▼ -753% vs 2019lowest in 3 years
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 2020: a loss of €169k after €45k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €238k
Fixed assets
€34k ▲ 442%
Current assets
€204k ▼ 1.7%
Key figures and ratios
EBITDA
€-164k▼
2019 · €47k
Cash flow
€-177k▼
2019 · €30k
Solvency
-39.2%▼
2019 · 41.0%
Current ratio
0.65▼
2019 · 1.65
Debt to equity
-0.20
ROA
-76.1%▼
2019 · 13.0%
Debt
€331k▲
2019 · €126k
Debt ≤ 1 year
€312k▲
2019 · €125k
Debt > 1 year
€19k
Income taxes
€5k▼
2019 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 26 lines
Balance sheet
Code20192020
Assets
Total assets20/58€214k€238k▲
Fixed assets21/28€6k€34k▲
Intangible fixed assets21€4k€29k▲
Tangible fixed assets22/27€286€3k▲
Financial fixed assets28€2k€2k=
Current assets29/58€207k€204k▼
Amounts receivable within one year40/41€198k€193k▼
Cash at bank and in hand54/58€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€214k€238k▲
Equity10/15€88k€-93k▼
Contributions10/11€6k-
Reserves13€54k€54k=
Profit (loss) carried forward14€28k€-153k▼
Amounts payable17/49€126k€331k▲
Amounts payable after more than one year17-€19k
Amounts payable within one year42/48€125k€312k▲
Trade debts44€95k€173k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Gross operating margin9900€190k€-25k▼
Operating profit (loss)9901€45k€-169k▼
Recurring financial income75€2k€2k▲
Recurring financial charges65€3k€10k▲
Profit (loss) for the period before taxes9903€44k€-176k▼
Income taxes67/77€16k€5k▼
Profit (loss) for the period9904€28k€-181k▼
Profit (loss) for the period to be appropriated9905€28k€-181k▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €4k | ▲ 105% |
| Gross operating margin9900 | €151k | €190k | €-25k | ▼ 113% |
| Operating profit (loss)9901 | €39k | €45k | €-169k | ▼ 478% |
| Recurring financial income75 | €5k | €2k | €2k | ▲ 32.6% |
| Recurring financial charges65 | €676 | €3k | €10k | ▲ 271% |
| Profit (loss) for the period before taxes9903 | €43k | €44k | €-176k | ▼ 503% |
| Income taxes67/77 | €5k | €16k | €5k | ▼ 69.7% |
| Profit (loss) for the period9904 | €38k | €28k | €-181k | ▼ 753% |
| Profit (loss) for the period to be appropriated9905 | €38k | €28k | €-181k | ▼ 753% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €149k | €214k | €238k | ▲ 11.2% |
| Fixed assets21/28 | €4k | €6k | €34k | ▲ 442% |
| Intangible fixed assets21 | €806 | €4k | €29k | ▲ 655% |
| Tangible fixed assets22/27 | €830 | €286 | €3k | ▲ 888% |
| Financial fixed assets28 | €3k | €2k | €2k | = |
| Current assets29/58 | €145k | €207k | €204k | ▼ 1.7% |
| Amounts receivable within one year40/41 | €82k | €198k | €193k | ▼ 2.8% |
| Cash at bank and in hand54/58 | €55k | €4k | €8k | ▲ 109% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €149k | €214k | €238k | ▲ 11.2% |
| Equity10/15 | €60k | €88k | €-93k | ▼ 206% |
| Contributions10/11 | €6k | €6k | - | - |
| Reserves13 | €54k | €54k | €54k | = |
| Profit (loss) carried forward14 | - | €28k | €-153k | ▼ 653% |
| Amounts payable17/49 | €89k | €126k | €331k | ▲ 163% |
| Amounts payable after more than one year17 | - | - | €19k | - |
| Amounts payable within one year42/48 | €89k | €125k | €312k | ▲ 149% |
| Trade debts44 | €23k | €95k | €173k | ▲ 81.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €28k | €-181k | ▼ 753% |
| + Depreciation and write-downs630 | €1k | €2k | €4k | ▲ 105% |
| Operating cash flow (approximation) | €39k | €30k | €-177k | ▼ 693% |
| Investment in fixed assets (approximation) | - | €-4k | €-32k | ▼ 733% |
| Change in cash | - | €-51k | €4k | ▲ 108% |
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
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-181k
Net result drops to €-181k, the lowest in the series.
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Walcourt · 1 establishment unit since 2016
Ground area
1,773 m²
Building footprint
332 m²
Parcel 93078A0041/00E007, Wallonia. Linked by address, not a title deed.
1 establishment unit
GDA GROUP
since 20162.256.906.027
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93078A0041/00E007 | Wallonia | 1,773 m² | 1 · 332 m² | - |
Linked by address, not proof of ownership
Good to know
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 24,497 companies in sector 82990 we hold annual accounts for 9,406. 7,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.