GDC COMPANY
InactiveGDC COMPANY was declared bankrupt on 06-12-2021 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-11-2024, published in the Belgian State Gazette on 19-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 22-01-2021, 175 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
175 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Equity
€330k▲ 3.2%
2018 · €319k
2018: €319k
2018 → 2019
Total assets
€1.77M▼ 47.2%
2018 · €3.36M
2018: €3.36M
2018 → 2019
Net result
€10k▼ 83.0%
2018 · €61k
2018: €61k
2018 → 2019
Working capital
€243k▼ 17.3%
2018 · €294k
2018: €294k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€319k-€330k▲ 3.2%
Operating result€79k-€41k▼ 48.3%
Net result€61k-€10k▼ 83.0%
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 2019; 2019 is 48% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €1.77M
Fixed assets
€86k ▲ 244%
Current assets
€1.69M ▼ 49.4%
Equity and liabilities €1.77M
Equity
€330k ▲ 3.2%
Debt
€1.44M ▼ 52.5%
Debt's share of the balance-sheet total falls from 90.5% to 81.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€75k▼
2018 · €100k
Cash flow
€45k▼
2018 · €82k
Current ratio
1.17▲
2018 · 1.10
Quick ratio
0.75▲
2018 · 0.59
ROE
3.1%▼
2018 · 19.2%
ROA
0.6%▼
2018 · 1.8%
Debt ≤ 1 year
€1.44M▼
2018 · €3.04M
Income taxes
€6k▼
2018 · €17k
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 · 2019 against 2018 · 24 lines
Balance sheet
Code20182019
Assets
Total assets20/58€3.36M€1.77M▼
Fixed assets21/28€25k€86k▲
Tangible fixed assets22/27€25k€86k▲
Current assets29/58€3.33M€1.69M▼
Stocks and contracts in progress3€1.54M€600k▼
Amounts receivable within one year40/41€1.78M€1.08M▼
Cash at bank and in hand54/58€15k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3.36M€1.77M▼
Equity10/15€319k€330k▲
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Profit (loss) carried forward14€251k€262k▲
Amounts payable17/49€3.04M€1.44M▼
Amounts payable within one year42/48€3.04M€1.44M▼
Trade debts44€2.86M€1.22M▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€34k▲
Gross operating margin9900€179k€179k=
Operating profit (loss)9901€79k€41k▼
Recurring financial income75€419€49▼
Recurring financial charges65€2k€24k▲
Profit (loss) for the period before taxes9903€78k€17k▼
Income taxes67/77€17k€6k▼
Profit (loss) for the period9904€61k€10k▼
Profit (loss) for the period to be appropriated9905€61k€10k▼
Timeline · acts, filings and financial milestones
2024
19-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · GDC COMPANY SA CHAUSSEE D’ALSEMBERG 842/R14, 1180 UCCLE. déclarée le 6 décembre 2021 · event 12-11-2024
2021
13-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · GDC COMPANY SA CHAUSSEE D’ALSEMBERG 842/R14, 1180 UCCLE · event 06-12-2021
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 175 days late
2019
22-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 144 days late
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 140 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 days late
SignalNBB filing
Directors · office · real estate
Directors
8 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
06-12-2021 → 12-11-2024 |