GDBA
ActiveSummary
GDBA has been active since 2017 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €254,355 and a net result of €92,146. Equity is growing by ~22.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+4
Growth78=
Track record92
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.77 against 4.68 in 2023; short-term debt: 19.7% and cash: 81.4% of total assets), and 23.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
95 d late
2023
460 d late
2022
826 d late
2021
1191 d late
2020
116 d late
2019
388 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 513 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€92,146▲ 32.2%
2023 · €69,683
Working capital
€248,025▲ 55.2%
2023 · €159,827
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
Line20202021202220232024
Operating result€55,903▲ 45.5%-€16,616-€16,978▼ 2.2%€85,813€134,151▲ 56.3%
Net result€41,107▲ 32.7%-€20,064-€17,729▲ 11.6%€69,683€92,146▲ 32.2%
Equity€130,319▲ 46.1%€110,255▼ 15.4%€92,526▼ 16.1%€162,210▲ 75.3%€254,355▲ 56.8%
Total assets€160,180▲ 21.7%€125,542▼ 21.6%€93,770▼ 25.3%€228,191▲ 143%€333,628▲ 46.2%
Debt€29,861▼ 29.6%€15,288▼ 48.8%€1,244▼ 91.9%€65,981▲ 5,203%€79,272▲ 20.1%
Working capital€126,162▲ 54.3%€109,056▼ 13.6%€92,250▼ 15.4%€159,827▲ 73.3%€248,025▲ 55.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €333,628
Fixed assets
€19,830 ▼ 20.3%
Current assets
€313,797 ▲ 54.3%
Equity and liabilities €333,628
Equity
€254,355 ▲ 56.8%
Debt
€79,272 ▲ 20.1%
Debt's share of the balance-sheet total falls from 28.9% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€139,203▲
2023 · €86,101
Cash flow
€97,198▲
2023 · €69,971
Current ratio
4.77▲
2023 · 4.68
Debt to equity
0.31▼
2023 · 0.41
ROE
36.2%▼
2023 · 43.0%
ROA
27.6%▼
2023 · 30.5%
Interest coverage
185.57▼
2023 · 337.29
Debt ≤ 1 year
€65,772▲
2023 · €43,481
Debt > 1 year
€13,500▼
2023 · €22,500
Income taxes
€41,255▲
2023 · €15,875
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,239 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,314 | €3,288 | €923 | €287 | €5,052 | ▲ 1,659% |
| Other operating charges640/8 | - | €757 | €1,246 | €858 | €231 | ▼ 73.1% |
| Gross operating margin9900 | €60,033 | -€12,572 | -€14,809 | €86,959 | €139,434 | ▲ 60.3% |
| Operating profit (loss)9901 | €55,903 | -€16,616 | -€16,978 | €85,813 | €134,151 | ▲ 56.3% |
| Financial charges65/66B | - | €174 | €780 | €255 | €750 | ▲ 194% |
| Recurring financial charges65 | €169 | €174 | €180 | €255 | €750 | ▲ 194% |
| Non-recurring financial charges66B | - | - | €600 | - | - | - |
| Profit (loss) for the period before taxes9903 | €55,734 | -€16,790 | -€17,759 | €85,558 | €133,401 | ▲ 55.9% |
| Income taxes67/77 | €14,627 | €3,274 | -€30 | €15,875 | €41,255 | ▲ 160% |
| Profit (loss) for the period9904 | €41,107 | -€20,064 | -€17,729 | €69,683 | €92,146 | ▲ 32.2% |
| Profit (loss) for the period to be appropriated9905 | €41,107 | -€20,064 | -€17,729 | €69,683 | €92,146 | ▲ 32.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,180 | €125,542 | €93,770 | €228,191 | €333,628 | ▲ 46.2% |
| Fixed assets21/28 | €4,156 | €1,198 | €276 | €24,882 | €19,830 | ▼ 20.3% |
| Tangible fixed assets22/27 | €4,064 | €1,106 | €183 | €24,790 | €19,738 | ▼ 20.4% |
| Furniture and vehicles24 | - | €1,106 | €183 | €24,790 | €19,738 | ▼ 20.4% |
| Financial fixed assets28 | €93 | €93 | €93 | €93 | €93 | = |
| Current assets29/58 | €156,024 | €124,344 | €93,495 | €203,309 | €313,797 | ▲ 54.3% |
| Amounts receivable within one year40/41 | €15,176 | €39,931 | €40,302 | €47,128 | €41,656 | ▼ 11.6% |
| Trade receivables40 | - | - | - | €3,025 | - | - |
| Other amounts receivable41 | - | €39,931 | €40,302 | €44,103 | €41,656 | ▼ 5.5% |
| Cash at bank and in hand54/58 | €140,848 | €84,413 | €52,683 | €155,731 | €271,695 | ▲ 74.5% |
| Deferred charges and accrued income490/1 | - | - | €510 | €450 | €446 | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,180 | €125,542 | €93,770 | €228,191 | €333,628 | ▲ 46.2% |
| Equity10/15 | €130,319 | €110,255 | €92,526 | €162,210 | €254,355 | ▲ 56.8% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | €6,200 | €6,200 | - | - | - |
| Other1109/19 | - | €6,200 | €6,200 | - | - | - |
| Reserves13 | €124,119 | €104,055 | €86,326 | €156,010 | €248,155 | ▲ 59.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €102,195 | €84,466 | €154,150 | €246,295 | ▲ 59.8% |
| Profit (loss) carried forward14 | €50,176 | - | - | - | - | - |
| Amounts payable17/49 | €29,861 | €15,288 | €1,244 | €65,981 | €79,272 | ▲ 20.1% |
| Amounts payable after more than one year17 | - | - | - | €22,500 | €13,500 | ▼ 40.0% |
| Financial debts170/4 | - | - | - | €22,500 | €13,500 | ▼ 40.0% |
| Amounts payable within one year42/48 | €29,861 | €15,288 | €1,244 | €43,481 | €65,772 | ▲ 51.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €4,500 | - |
| Trade debts44 | €5,650 | €512 | €1,125 | €27,607 | €494 | ▼ 98.2% |
| Suppliers440/4 | - | €512 | €1,125 | €27,607 | €494 | ▼ 98.2% |
| Taxes, remuneration and social security45 | - | €14,776 | €119 | €15,874 | €60,778 | ▲ 283% |
| Taxes450/3 | - | €14,776 | €119 | €15,874 | €57,778 | ▲ 264% |
| Remuneration and social security454/9 | - | - | - | - | €3,000 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,107 | -€20,064 | -€17,729 | €69,683 | €92,146 | ▲ 32.2% |
| + Depreciation and write-downs630 | €3,314 | €3,288 | €923 | €287 | €5,052 | ▲ 1,659% |
| Operating cash flow (approximation) | €44,421 | -€16,776 | -€16,806 | €69,971 | €97,198 | ▲ 38.9% |
| Investment in fixed assets (approximation) | - | -€330 | €0 | -€24,894 | €0 | ▲ 100% |
| Change in cash | - | -€56,434 | -€31,731 | €103,048 | €115,964 | ▲ 12.5% |
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
2025
21-11
KBO administration
Strikeout withdrawn
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 95 days late
03-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 460 days late
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 826 days late
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1191 days late
2024
31-12
Financial
Highest result since 2018net €92,146 ▲32.2%
Operating result €134,151, net result €92,146, both a record.
31-12
Financial
Equity above €200,000Eq €254,355 ▲56.8%
2 profitable years in a row build equity to €254,355.
2023
31-12
Financial
Back to profitnet €69,683
Net result €69,683 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €162,210 ▲75.3%
Equity rises from €92,526 to €162,210.
2022
31-12
Financial
Liquidity times 9current ratio 75.14
Current ratio from 8.13 to 75.14; short-term debt falls from €15,288 to €1,244.
2021
31-12
Financial
Weakest financial yearnet -€20,064
Net result drops to -€20,064, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
Show earlier events
23-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 388 days late
2020
31-12
Financial
Equity above €100,000Eq €130,319 ▲46.1%
3 profitable years in a row build equity to €130,319.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Lasne · 1 establishment unit since 2017
Ground area
1,532 m²
Building footprint
320 m²
Volume, LiDAR
781 m³
2 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Yser 3/1, 7180 Seneffe
since 20172.264.105.704
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0470/00M000 | Wallonia | 1,297 m² | 1 · 121 m² | 8.2 m · 2 fl. |
| 52063C0082/00B002 ProtectedSite or landscape |
Wallonia | 235 m² | 1 · 199 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPrivate limited company
Founded12-05-2017
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0675688241
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.