GDB MANAGEMENT SERVICES
ActiveSummary
GDB MANAGEMENT SERVICES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €875k and a net result of €82k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 51% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-6
Solvency82▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.41 in 2024; short-term debt: 23.1% and cash: 4.5% of total assets), and 42.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.2%
Return on assets
5.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
98 d early
2023
47 d early
2022
119 d early
2021
23 d early
2020
2 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€875k▲ 10.3%
2024 · €793k
2018: €508k
2019: €582k
2020: €636k
2021: €680k
2022: €798k
2023: €667k
2024: €793k
2018 → 2025
Total assets
€1.53M▲ 14.6%
2024 · €1.34M
2018: €616k
2019: €819k
2020: €849k
2021: €1.32M
2022: €1.42M
2023: €1.21M
2024: €1.34M
2018 → 2025
Net result
€82k▼ 35.3%
2024 · €127k
2018: €73k
2019: €75k
2020: €54k
2021: €43k
2022: €118k
2023: €-131k
2024: €127k
2018 → 2025
Working capital
€-235k▼ 18.8%
2024 · €-198k
2018: €-9k
2019: €-96k
2020: €-5k
2021: €-51k
2022: €-39k
2023: €-60k
2024: €-198k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€680k-€798k▲ 17.4%€667k▼ 16.4%€793k▲ 19.0%€875k▲ 10.3%
Operating result€26k-€124k▲ 370%€-190k€94k€84k▼ 10.3%
Net result€43k-€118k▲ 172%€-131k€127k€82k▼ 35.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€1.41M ▲ 18.1%
Current assets
€119k ▼ 15.1%
Equity and liabilities €1.53M
Equity
€875k ▲ 10.3%
Provisions
€14k ▼ 9.0%
Debt
€642k ▲ 21.7%
Debt's share of the balance-sheet total rises from 39.5% to 41.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€153k▼
2024 · €190k
Cash flow
€150k▼
2024 · €223k
Current ratio
0.34▼
2024 · 0.41
Debt to equity
0.73▲
2024 · 0.66
ROE
9.4%▼
2024 · 16.0%
ROA
5.3%▼
2024 · 9.5%
Interest coverage
19.97▼
2024 · 47.93
Debt ≤ 1 year
€354k▲
2024 · €338k
Debt > 1 year
€288k▲
2024 · €190k
Income taxes
€71k▲
2024 · €40k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.34M€1.53M▲
Fixed assets21/28€1.20M€1.41M▲
Tangible fixed assets22/27€695k€912k▲
Land and buildings22€394k€612k▲
Furniture and vehicles24€56k€48k▼
Other tangible fixed assets26€246k€252k▲
Financial fixed assets28€500k€500k=
Current assets29/58€140k€119k▼
Amounts receivable within one year40/41€14k€46k▲
Trade receivables40€14k€36k▲
Other amounts receivable41€0€10k▲
Cash at bank and in hand54/58€123k€69k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.53M▲
Equity10/15€793k€875k▲
Contributions10/11€19k€19k=
Reserves13€775k€857k▲
Tax-exempt reserves132€45k€41k▼
Distributable reserves133€730k€816k▲
Provisions and deferred taxes16€15k€14k▼
Deferred taxes168€15k€14k▼
Amounts payable17/49€528k€642k▲
Amounts payable after more than one year17€190k€288k▲
Financial debts170/4€190k€288k▲
Amounts payable within one year42/48€338k€354k▲
Current portion of amounts payable after more than one year42€72k€119k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€36k€33k▼
Taxes450/3€36k€33k▼
Other amounts payable47/48€227k€198k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€68k▼
Other operating charges640/8€4k€15k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€195k€168k▼
Operating profit (loss)9901€94k€84k▼
Financial income75/76B€75k€75k=
Recurring financial income75€75k€75k=
Financial charges65/66B€4k€8k▲
Recurring financial charges65€4k€8k▲
Profit (loss) for the period before taxes9903€165k€151k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€40k€71k▲
Profit (loss) for the period9904€127k€82k▼
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€131k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€86k▼
Transfer from equity791/2€0-
Transfer to equity691/2€131k€86k▼
To other reserves6921€131k€86k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-12
State Gazette act
General meeting · Power of attorney
Apport en nature · Nominal value increase · CLESSE Aurélie
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €127k
Net result €127k after one loss-making year.
10-12
State Gazette act
General meeting · Capital increase
Power of attorney · Capital · CLESSE Aurélie
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
15-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
15-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
15-02
State Gazette act
General meeting · Director resignation
Director appointment · Board meeting
13-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
01-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2023
31-12
Financial
Weakest financial yearnet €-131k ▼211%
Net result drops to €-131k, the lowest in the series; recovery starts the following year.
Show earlier events
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
23-02
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor reappointment
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-11
State Gazette act
General meeting · Director resignation
Director discharge · Board meeting
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-06
State Gazette act
General meeting · Director resignation
Permanent representative · Director reappointment
10-06
State Gazette act
General meeting · Director reappointment
Permanent representative
10-06
State Gazette act
General meeting · Permanent representative
Director reappointment
2015
16-03
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2014
10-04
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
2013
31-12
State Gazette act
Incorporation · Founding capital
Share issue · Bank account
2005
10-10
State Gazette act
General meeting · Registered-office move
Capital increase · Legal-form conversion
04-07
State Gazette act
General meeting · Capital
Capital increase · Name change · Paul Flies
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dendermonde · 1 establishment unit since 2001
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.
Lindestraat 319200 DendermondeGround area
1,319 m²
Building footprint
290 m²
Volume, LiDAR
1,497 m³
Parcel 42001B0475/00D000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lindestraat 31, 9200 Dendermonde
since 20012.093.177.351
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42001B0475/00D000 | Flanders | 1,319 m² | 1 · 290 m² | 10.4 m · 2 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.
Structure & network
Ownership & control
5 board mandatesBoard mandates of this companythis company sits on their board5
2 locations
1 location
1 location
1 location
1 location
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 29,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.