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GDC Networks

Active
Private limited companyfounded 20206 yrs activeDesteldonkdorp 26, 9042 Gent, BelgiumKBO/BCE: BE 0753.924.580

GDC Networks has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €37k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 25% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
81 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+30
Solvency38▼-1
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.77 in 2024), but 83.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.8%
Return on assets
5.7%
Age of the figures
8 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 12-05-2026, 80 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
80 d early
2024
13 d early
2023
54 d late
2022
47 d late
2021
215 d late
← before the deadline after the deadline →
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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€111k▲ 12.6%
2024 · €99k
2021: €25k 2022: €81k 2023: €85k 2024: €99k
2021 → 2025
Total assets
€661k▲ 5.4%
2024 · €627k
2021: €80k 2022: €174k 2023: €430k 2024: €627k
2021 → 2025
Net result
€37k▲ 170%
2024 · €14k
2021: €20k 2022: €57k 2023: €3k 2024: €14k
2021 → 2025
Working capital
€207k▼ 0.3%
2024 · €208k
2021: €13k 2022: €63k 2023: €29k 2024: €208k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€25k-€81k▲ 231%€85k▲ 4.1%€99k▲ 16.3%€111k▲ 12.6%
Operating result€26k-€75k▲ 192%€9k▼ 87.5%€24k▲ 159%€64k▲ 161%
Net result€20k-€57k▲ 190%€3k▼ 94.1%€14k▲ 310%€37k▲ 170%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €26k€26kNet result 2021: €20k€20kOperating result 2022: €75k€75kNet result 2022: €57k€57kOperating result 2023: €9k€9kNet result 2023: €3k€3kOperating result 2024: €24k€24kNet result 2024: €14k€14kOperating result 2025: €64k€64kNet result 2025: €37k€37k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 161% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €661k
Fixed assets €157k▲ 6.0%
Current assets €504k▲ 5.3%
Equity and liabilities €661k
Equity €111k▲ 12.6%
Debt €550k▲ 4.1%
The debt ratio falls from 84.3% to 83.2%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€105k
2024 · €51k
Cash flow
€79k
2024 · €41k
Solvency
16.8%
2024 · 15.7%
Current ratio
1.70
2024 · 1.77
Quick ratio
1.63
2024 · 1.67
Debt / equity
4.95
2024 · 5.36
ROE
33.7%
2024 · 14.0%
ROA
5.7%
2024 · 2.2%
Interest coverage
10.46
2024 · 10.15
Debt
€550k
2024 · €528k
Debt ≤ 1 year
€297k
2024 · €271k
Debt > 1 year
€253k
2024 · €258k
Income taxes
€21k
2024 · €10k
Staff costs
€261k
2024 · €219k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€627k€661k
Fixed assets21/28€148k€157k
Tangible fixed assets22/27€148k€157k
Plant, machinery and equipment23€21k€35k
Furniture and vehicles24€87k€91k
Leasing and similar rights25€40k€32k
Current assets29/58€478k€504k
Stocks and contracts in progress3€26k€19k
Stocks30/36€26k€19k
Amounts receivable within one year40/41€412k€370k
Trade receivables40€304k€262k
Other amounts receivable41€108k€108k
Current investments50/53€0-
Cash at bank and in hand54/58€25k€96k
Deferred charges and accrued income490/1€16k€18k
Equity and liabilities
Total equity and liabilities10/49€627k€661k
Equity10/15€99k€111k
Contributions10/11€5k€5k=
Reserves13-€106k
Distributable reserves133-€106k
Profit (loss) carried forward14€94k€0
Amounts payable17/49€528k€550k
Amounts payable after more than one year17€258k€253k
Financial debts170/4€258k€253k
Amounts payable within one year42/48€271k€297k
Current portion of amounts payable after more than one year42€19k€50k
Financial debts43€31k€0
Credit institutions430/8€31k€0
Trade debts44€163k€157k
Suppliers440/4€163k€157k
Taxes, remuneration and social security45€58k€64k
Taxes450/3€58k€64k
Remuneration and social security454/9€0€43
Other amounts payable47/48-€25k
Income statement Code20242025
Remuneration, social security and pensions62€219k€261k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€42k
Other operating charges640/8€3k€4k
Gross operating margin9900€273k€370k
Operating profit (loss)9901€24k€64k
Financial income75/76B€4k€5k
Recurring financial income75€4k€5k
Financial charges65/66B€5k€10k
Recurring financial charges65€5k€10k
Profit (loss) for the period before taxes9903€24k€58k
Income taxes67/77€10k€21k
Profit (loss) for the period9904€14k€37k
Profit (loss) for the period to be appropriated9905€14k€37k
Appropriation of the result
Profit (loss) to be appropriated9906€94k€131k
Profit (loss) brought forward from the previous period14P€80k€94k
Transfer to equity691/2-€106k
To other reserves6921-€106k
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k
Social balance
Average headcount (FTE)9087-4.9

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €100kEq €111k ▲12.6%
5 profitable years in a row build equity to €111k.
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial Weakest financial yearnet €3k ▼94.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
16-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 47 days late
03-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 215 days late
2022
31-12
Financial Highest result since 2021net €57k ▲190%
Operating result €75k, net result €57k, both a record.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Gent · 1 establishment unit since 2020
establishment approximate The establishment unit on the map
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.

Desteldonkdorp 269042 Gent
Ground area
3,105 m²
Building footprint
323 m²
Volume, LiDAR
2,486 m³
2 parcels, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GDC Networks
Dreef Ter Elst 12, 8560 WevelgemComputer programming, consultancy and related activities
since 20202.306.913.683
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012C0349/00D000 Flanders 2,491 m² 1 · 134 m² 10.0 m · 2 fl.
44813A0704/00G000 Flanders 613 m² 1 · 189 m² 13.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,813 companies in sector 62100 we hold annual accounts for 8,746. 6,927 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-09-2020
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info@gdcnetworks.eu
Enterprise