GDG SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of GDG SERVICES is 2.8% (moderate). The annual accounts of GDG SERVICES for fiscal year 2024 show a net loss of 85% of the equity at the start of that year. The 2024 annual accounts show equity of €2,446 and a net result of -€14,067. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 729 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency29▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 1.14 in 2023; short-term debt: 96.4% and cash: 13.6% of total assets), and 96.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
3.6%
Return on assets
-20.5%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year -€14,067
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 729 sector peers (2024).
NBB · sector comparisonPosition among 729 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
153 d late
2022
32 d late
2021
148 d late
2020
321 d late
2019
45 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 121 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€2,446▼ 85.2%
2023 · €16,513
Total assets
€68,665▼ 20.4%
2023 · €86,210
Net result
-€14,067▲ 56.6%
2023 · -€32,409
Working capital
-€1,816
2023 · €9,642
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€20,901▼ 12.7%€21,567▲ 3.2%€12,579▼ 41.7%-€31,736-€9,712▲ 69.4%
Net result€13,429within the sector's middle half▲ 93.6%€12,037within the sector's middle half▼ 10.4%€6,851within the sector's middle half▼ 43.1%-€32,409below the sector's middle half-€14,067below the sector's middle half▲ 56.6%
Equity€30,035within the sector's middle half▲ 80.9%€42,072within the sector's middle half▲ 40.1%€48,923within the sector's middle half▲ 16.3%€16,513within the sector's middle half▼ 66.2%€2,446below the sector's middle half▼ 85.2%
Total assets€67,301within the sector's middle half▲ 139%€84,346within the sector's middle half▲ 25.3%€88,207within the sector's middle half▲ 4.6%€86,210within the sector's middle half▼ 2.3%€68,665within the sector's middle half▼ 20.4%
Debt€37,266▲ 224%€42,274▲ 13.4%€39,284▼ 7.1%€69,697▲ 77.4%€66,219▼ 5.0%
Working capital€25,040within the sector's middle half▲ 87.1%€39,574within the sector's middle half▲ 58.0%€14,988within the sector's middle half▼ 62.1%€9,642within the sector's middle half▼ 35.7%-€1,816within the sector's middle half
Solvency44.6%within the sector's middle half▼ 14.5pp49.9%within the sector's middle half▲ 5.3pp55.5%within the sector's middle half▲ 5.6pp19.2%within the sector's middle half▼ 36.3pp3.6%below the sector's middle half▼ 15.6pp
Current ratio1.67within the sector's middle half▼ 0.491.94within the sector's middle half▲ 0.261.38within the sector's middle half▼ 0.551.14within the sector's middle half▼ 0.240.97within the sector's middle half▼ 0.17
Return on assets (ROA)20.0%above the sector's middle half▼ 4.7pp14.3%within the sector's middle half▼ 5.7pp7.8%within the sector's middle half▼ 6.5pp-37.6%below the sector's middle half▼ 45.4pp-20.5%below the sector's middle half▲ 17.1pp
Staff (FTE)0.31▲ 233%1=
above
within
below
the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,712 in 2024 against €31,736 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68,665
Fixed assets
€4,262 ▼ 38.0%
Current assets
€64,403 ▼ 18.8%
Equity and liabilities €68,665
Equity
€2,446 ▼ 85.2%
Debt
€66,219 ▼ 5.0%
Debt's share of the balance-sheet total rises from 80.8% to 96.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€7,103▲
2023 · -€29,538
Cash flow
-€11,458▲
2023 · -€30,212
Quick ratio
0.45▼
2023 · 0.64
Debt to equity
27.07▲
2023 · 4.22
ROE
-575.1%▼
2023 · -196.3%
Interest coverage
-1.63▲
2023 · -44.93
Debt ≤ 1 year
€66,219▼
2023 · €69,697
Staff costs
€3,357▼
2023 · €39,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 642 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
3.6%
went bankrupt
5.5%
stopped otherwise
90%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 642 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9,035 | €39,281 | €3,357 | ▼ 91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,614 | €2,498 | €7,615 | €2,198 | €2,609 | ▲ 18.7% |
| Other operating charges640/8 | €2,070 | €963 | €3,301 | €6,942 | €392 | ▼ 94.3% |
| Gross operating margin9900 | €27,585 | €25,028 | €32,530 | €16,686 | -€3,353 | ▼ 120% |
| Operating profit (loss)9901 | €20,901 | €21,567 | €12,579 | -€31,736 | -€9,712 | ▲ 69.4% |
| Financial income75/76B | €634 | €444 | €798 | €1,190 | €0 | ▼ 100.0% |
| Recurring financial income75 | €634 | €444 | €798 | €1,190 | €0 | ▼ 100.0% |
| Financial charges65/66B | €68 | €720 | €471 | €657 | €4,356 | ▲ 563% |
| Recurring financial charges65 | €68 | €720 | €471 | €657 | €4,356 | ▲ 563% |
| Profit (loss) for the period before taxes9903 | €21,467 | €21,291 | €12,906 | -€31,203 | -€14,067 | ▲ 54.9% |
| Income taxes67/77 | €8,037 | €9,254 | €6,055 | €1,207 | - | - |
| Profit (loss) for the period9904 | €13,429 | €12,037 | €6,851 | -€32,409 | -€14,067 | ▲ 56.6% |
| Profit (loss) for the period to be appropriated9905 | €13,429 | €12,037 | €6,851 | -€32,409 | -€14,067 | ▲ 56.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,301 | €84,346 | €88,207 | €86,210 | €68,665 | ▼ 20.4% |
| Fixed assets21/28 | €4,995 | €2,498 | €33,935 | €6,871 | €4,262 | ▼ 38.0% |
| Tangible fixed assets22/27 | €4,995 | €2,498 | €33,135 | €6,071 | €3,462 | ▼ 43.0% |
| Furniture and vehicles24 | €4,995 | €2,498 | €33,135 | €6,071 | €3,462 | ▼ 43.0% |
| Financial fixed assets28 | - | - | €800 | €800 | €800 | = |
| Current assets29/58 | €62,306 | €81,848 | €54,271 | €79,339 | €64,403 | ▼ 18.8% |
| Stocks and contracts in progress3 | €23,211 | €38,429 | €17,012 | €34,572 | €34,572 | = |
| Stocks30/36 | €23,211 | €38,429 | €17,012 | €34,572 | €34,572 | = |
| Amounts receivable within one year40/41 | €10,397 | €15,703 | €18,856 | €5,061 | €3,576 | ▼ 29.4% |
| Trade receivables40 | €3,510 | €8,279 | €3,826 | €4,763 | €3,223 | ▼ 32.3% |
| Other amounts receivable41 | €6,887 | €7,424 | €15,030 | €298 | €352 | ▲ 18.1% |
| Cash at bank and in hand54/58 | €28,698 | €27,716 | €18,404 | €18,794 | €9,329 | ▼ 50.4% |
| Deferred charges and accrued income490/1 | - | - | - | €20,912 | €16,927 | ▼ 19.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,301 | €84,346 | €88,207 | €86,210 | €68,665 | ▼ 20.4% |
| Equity10/15 | €30,035 | €42,072 | €48,923 | €16,513 | €2,446 | ▼ 85.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Capital10 | €10,000 | - | - | - | - | - |
| Issued capital100 | €20,000 | - | - | - | - | - |
| Uncalled capital101 | €10,000 | - | - | - | - | - |
| Reserves13 | €22,000 | €32,000 | €37,000 | €37,000 | €37,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Legal reserve130 | €2,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | €20,000 | €30,000 | €35,000 | €35,000 | €35,000 | = |
| Profit (loss) carried forward14 | -€1,965 | €72 | €1,923 | -€30,487 | -€44,554 | ▼ 46.1% |
| Amounts payable17/49 | €37,266 | €42,274 | €39,284 | €69,697 | €66,219 | ▼ 5.0% |
| Amounts payable within one year42/48 | €37,266 | €42,274 | €39,284 | €69,697 | €66,219 | ▼ 5.0% |
| Trade debts44 | €2,584 | €9,279 | €10,070 | €24,432 | €10,226 | ▼ 58.1% |
| Suppliers440/4 | €2,584 | €9,279 | €10,070 | €24,432 | €10,226 | ▼ 58.1% |
| Taxes, remuneration and social security45 | €15,354 | €15,065 | €14,435 | €6,995 | €1,888 | ▼ 73.0% |
| Taxes450/3 | €15,354 | €15,065 | €12,652 | €6,045 | €1,888 | ▼ 68.8% |
| Remuneration and social security454/9 | - | - | €1,784 | €950 | - | - |
| Other amounts payable47/48 | €19,327 | €17,930 | €14,779 | €38,270 | €54,105 | ▲ 41.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,429 | €12,037 | €6,851 | -€32,409 | -€14,067 | ▲ 56.6% |
| + Depreciation and write-downs630 | €4,614 | €2,498 | €7,615 | €2,198 | €2,609 | ▲ 18.7% |
| Operating cash flow (approximation) | €18,044 | €14,535 | €14,466 | -€30,212 | -€11,458 | ▲ 62.1% |
| Investment in fixed assets (approximation) | - | €0 | -€39,052 | €24,866 | €0 | ▼ 100% |
| Change in cash | - | -€982 | -€9,313 | €391 | -€9,466 | ▼ 2,523% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Weakest financial yearnet -€32,409
Net result drops to -€32,409, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 148 days late
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 321 days late
2020
31-12
Financial
Highest result since 2019net €13,429 ▲93.6%
Net result €13,429, the highest in the series.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
26-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 385 days late
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
2016
12-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 72 days late
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, Dilbeek · 1 establishment unit since 2011
Ground area
1,197 m²
Building footprint
154 m²
Volume, LiDAR
575 m³
Parcel 23074A0001/00L000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GDGS
since 20112.195.868.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23074A0001/00L000 | Flanders | 1,197 m² | 1 · 154 m² | 5.4 m · 1 fl. |
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 4,920 companies in sector 53200 we hold annual accounts for 1,323. 445 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
Founded30-12-2010
Fiscal year end31-12
Abbreviation NL
GDGS
Activities, NACEBEL 2025
53200Other postal and courier activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832366601
Also
9925:BE0832366601
Registered
25-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.