GDLEX
ActiveSummary
GDLEX has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62,302 and a net result of €91,055. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 4345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency55▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.84 in 2023; short-term debt: 69.9% and cash: 41.3% of total assets), and 69.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
19 d early
2022
on the day
2021
23 d early
2020
20 d late
2019
25 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 5 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€62,302▼ 21.4%
2023 · €79,247
Total assets
€206,876▲ 19.2%
2023 · €173,498
Net result
€91,055▲ 18.0%
2023 · €77,157
Working capital
€62,257▼ 21.4%
2023 · €79,204
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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€31,744▼ 53.6%€97,216▲ 206%€203,303▲ 109%€103,708▼ 49.0%€122,535▲ 18.2%
Net result€19,748within the sector's middle half▼ 46.1%€72,003above the sector's middle half▲ 265%€146,668above the sector's middle half▲ 104%€77,157above the sector's middle half▼ 47.4%€91,055above the sector's middle half▲ 18.0%
Equity€43,418within the sector's middle half▲ 83.4%€25,422within the sector's middle half▼ 41.4%€62,090within the sector's middle half▲ 144%€79,247within the sector's middle half▲ 27.6%€62,302within the sector's middle half▼ 21.4%
Total assets€101,539within the sector's middle half▲ 35.1%€233,613within the sector's middle half▲ 130%€223,430within the sector's middle half▼ 4.4%€173,498within the sector's middle half▼ 22.3%€206,876within the sector's middle half▲ 19.2%
Debt€58,120▲ 12.8%€208,191▲ 258%€161,340▼ 22.5%€94,250▼ 41.6%€144,574▲ 53.4%
Working capital€61,542within the sector's middle half▲ 166%€37,130within the sector's middle half▼ 39.7%€61,741within the sector's middle half▲ 66.3%€79,204above the sector's middle half▲ 28.3%€62,257within the sector's middle half▼ 21.4%
Solvency42.8%within the sector's middle half▲ 11.3pp10.9%below the sector's middle half▼ 31.9pp27.8%within the sector's middle half▲ 16.9pp45.7%within the sector's middle half▲ 17.9pp30.1%within the sector's middle half▼ 15.6pp
Current ratio2.55within the sector's middle half▲ 1.101.19within the sector's middle half▼ 1.361.38within the sector's middle half▲ 0.191.84within the sector's middle half▲ 0.461.43within the sector's middle half▼ 0.41
Return on assets (ROA)19.4%within the sector's middle half▼ 29.3pp30.8%above the sector's middle half▲ 11.4pp65.6%above the sector's middle half▲ 34.8pp44.5%above the sector's middle half▼ 21.2pp44.0%above the sector's middle half▼ 0.5pp
Staff (FTE)1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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 recovers in 2024; 2024 is 18% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €206,876
Fixed assets
€75 =
Current assets
€206,801 ▲ 19.2%
Equity and liabilities €206,876
Equity
€62,302 ▼ 21.4%
Debt
€144,574 ▲ 53.4%
Debt's share of the balance-sheet total rises from 54.3% to 69.9%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
2.32▲
2023 · 1.19
ROE
146.2%▲
2023 · 97.4%
Debt ≤ 1 year
€144,544▲
2023 · €94,219
Income taxes
€30,939▲
2023 · €26,269
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 34,679 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 | - | €22,592 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €317 | €245 | €259 | €274 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€1,202 | - | - | - |
| Other operating charges640/8 | - | €544 | €2,376 | €604 | €632 | ▲ 4.6% |
| Gross operating margin9900 | €89,843 | €120,597 | €204,736 | €104,586 | €123,167 | ▲ 17.8% |
| Operating profit (loss)9901 | €31,744 | €97,216 | €203,303 | €103,708 | €122,535 | ▲ 18.2% |
| Financial income75/76B | - | €358 | €172 | €814 | €449 | ▼ 44.8% |
| Recurring financial income75 | €587 | €358 | €172 | €814 | €449 | ▼ 44.8% |
| Financial charges65/66B | - | €746 | €797 | €1,095 | €990 | ▼ 9.6% |
| Recurring financial charges65 | €2,148 | €746 | €797 | €1,095 | €990 | ▼ 9.6% |
| Profit (loss) for the period before taxes9903 | €30,183 | €96,829 | €202,678 | €103,426 | €121,994 | ▲ 18.0% |
| Income taxes67/77 | €10,435 | €24,825 | €56,010 | €26,269 | €30,939 | ▲ 17.8% |
| Profit (loss) for the period9904 | €19,748 | €72,003 | €146,668 | €77,157 | €91,055 | ▲ 18.0% |
| Transfer from tax-exempt reserves789 | - | €5,580 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €19,748 | €77,583 | €146,668 | €77,157 | €91,055 | ▲ 18.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,539 | €233,613 | €223,430 | €173,498 | €206,876 | ▲ 19.2% |
| Fixed assets21/28 | €190 | €608 | €349 | €75 | €75 | = |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | - | €533 | €274 | - | - | - |
| Furniture and vehicles24 | - | €533 | €274 | - | - | - |
| Financial fixed assets28 | €190 | €75 | €75 | €75 | €75 | = |
| Current assets29/58 | €101,349 | €233,005 | €223,082 | €173,423 | €206,801 | ▲ 19.2% |
| Amounts receivable within one year40/41 | €52,882 | €157,592 | €89,530 | €77,561 | €80,190 | ▲ 3.4% |
| Trade receivables40 | - | €139,183 | €71,789 | €58,815 | €51,945 | ▼ 11.7% |
| Other amounts receivable41 | - | €18,409 | €17,741 | €18,746 | €28,246 | ▲ 50.7% |
| Current investments50/53 | €1,600 | €15,600 | €66,000 | €45,175 | €37,471 | ▼ 17.1% |
| Cash at bank and in hand54/58 | €46,670 | €57,969 | €64,911 | €46,475 | €85,533 | ▲ 84.0% |
| Deferred charges and accrued income490/1 | - | €1,843 | €2,640 | €4,213 | €3,607 | ▼ 14.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,539 | €233,613 | €223,430 | €173,498 | €206,876 | ▲ 19.2% |
| Equity10/15 | €43,418 | €25,422 | €62,090 | €79,247 | €62,302 | ▼ 21.4% |
| Contributions10/11 | - | €15,770 | €15,770 | €17,630 | €17,630 | = |
| Reserves13 | €7,440 | €7,440 | €45,622 | €43,762 | €43,762 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €5,580 | €43,762 | €43,762 | €43,762 | = |
| Profit (loss) carried forward14 | €20,208 | €2,212 | €698 | €17,855 | €910 | ▼ 94.9% |
| Amounts payable17/49 | €58,120 | €208,191 | €161,340 | €94,250 | €144,574 | ▲ 53.4% |
| Amounts payable after more than one year17 | €18,314 | €12,316 | €0 | - | - | - |
| Financial debts170/4 | - | €12,316 | €0 | - | - | - |
| Amounts payable within one year42/48 | €39,807 | €195,875 | €161,340 | €94,219 | €144,544 | ▲ 53.4% |
| Current portion of amounts payable after more than one year42 | - | €5,998 | €0 | - | - | - |
| Financial debts43 | - | €16,683 | €16,675 | - | €16,728 | - |
| Other loans439 | - | €16,683 | €16,675 | - | €16,728 | - |
| Trade debts44 | €18,599 | €63,067 | €31,887 | €30,601 | €16,024 | ▼ 47.6% |
| Suppliers440/4 | - | €63,067 | €31,887 | €30,601 | €16,024 | ▼ 47.6% |
| Taxes, remuneration and social security45 | - | €46,502 | €35,656 | €21,236 | €35,811 | ▲ 68.6% |
| Taxes450/3 | - | €46,502 | €35,656 | €21,236 | €35,811 | ▲ 68.6% |
| Other amounts payable47/48 | - | €63,625 | €77,122 | €42,382 | €75,982 | ▲ 79.3% |
| Accrued charges and deferred income492/3 | - | - | - | €31 | €29 | ▼ 6.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,748 | €72,003 | €146,668 | €77,157 | €91,055 | ▲ 18.0% |
| + Depreciation and write-downs630 | €317 | €245 | €259 | €274 | - | - |
| Operating cash flow (approximation) | €20,066 | €72,249 | €146,927 | €77,431 | €91,055 | ▲ 17.6% |
| Investment in fixed assets (approximation) | - | -€663 | €0 | €0 | €0 | - |
| Change in cash | - | €11,300 | €6,942 | -€18,437 | €39,059 | ▲ 312% |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €146,668 ▲104%
Operating result €203,303, net result €146,668, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €19,748 ▼46.1%
Net result drops to €19,748, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Liège · 1 establishment unit since 2012
Ground area
107 m²
Building footprint
51 m²
Volume, LiDAR
711 m³
Parcel 62817B0249/00G000, Wallonia · tallest building 15.6 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
GDLEX
since 20122.218.640.022
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0249/00G000 | Wallonia | 107 m² | 1 · 51 m² | 15.6 m · 5 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 4,561 companies in sector 74999 we hold annual accounts for 1,936. 1,558 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
Founded04-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
Contact
E-mail
info@gdlex.be
E-mail
secretariat@gdlex.be
Phone
085/841237
E-invoicing
Reachable via Peppol
Peppol ID
0208:0847119905
Also
9925:BE0847119905
Registered
09-06-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.