GDM CREATIONS
ActiveThe computed 12-month bankruptcy probability of GDM CREATIONS is 1.7% (moderate). For GDM CREATIONS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €6k and a net result of €-7k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 17214 sector peers (fiscal year 2022). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-68
Solvency49▼-14
Growth22▼-20
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
24%
Return on assets
-32%
Age of the figures
45 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-01-2024, 169 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
169 d late
2021
325 d late
2020
137 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€59k▼ 48.3%
2021 · €114k
2018: €129k
2019: €74k
2020: €97k
2021: €114k
2018 → 2022
EBIT margin
-10.8%▼ 13.9pp
2021 · 3.0%
2018: 3.1%
2019: 2.1%
2020: 5.8%
2021: 3.0%
2018 → 2022
Net result
€-7k
2021 · €1k
2018: €2k
2019: €128
2020: €3k
2021: €1k
2018 → 2022
Working capital
€3k▼ 68.3%
2021 · €9k
2018: €-2k
2019: €-2k
2020: €5k
2021: €9k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€129k-€74k▼ 43.1%€97k▲ 31.7%€114k▲ 17.8%€59k▼ 48.3%
Equity€9k-€9k▲ 1.5%€12k▲ 34.2%€13k▲ 11.8%€6k▼ 57.2%
Operating result€4k-€2k▼ 60.4%€6k▲ 257%€3k▼ 39.1%€-6k
Net result€2k-€128▼ 93.5%€3k▲ 2,208%€1k▼ 53.8%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €6k after €3k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €23k
Fixed assets
€3k▼ 28.5%
Current assets
€21k▼ 33.5%
Equity and liabilities €23k
Equity
€6k▼ 57.2%
Debt
€18k▼ 18.4%
The debt ratio rises from 62.4% to 76.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2021 · €10k
Cash flow
€-6k▼
2021 · €8k
Solvency
24.0%▼
2021 · 37.6%
Current ratio
1.17▼
2021 · 1.43
Quick ratio
1.17▼
2021 · 1.43
Debt / equity
3.17▲
2021 · 1.66
ROE
-133.6%▼
2021 · 10.5%
ROA
-32.0%▼
2021 · 4.0%
Interest coverage
-3.74▼
2021 · 10.04
Debt
€18k▼
2021 · €22k
Debt ≤ 1 year
€18k▼
2021 · €22k
Income taxes
€188▼
2021 · €1k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€34k€23k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€0-
Current assets29/58€31k€21k▼
Amounts receivable within one year40/41€30k€19k▼
Trade receivables40€29k€17k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1€429-
Equity and liabilities
Total equity and liabilities10/49€34k€23k▼
Equity10/15€13k€6k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€5k€-3k▼
Amounts payable17/49€22k€18k▼
Amounts payable within one year42/48€22k€18k▼
Financial debts43€1k-
Credit institutions430/8€1k-
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Advances received on contracts in progress46€8k€8k=
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€3k€897▼
Income statement
Code20212022
Turnover70€114k€59k▼
Goods, raw materials, services and sundry goods60/61€104k€64k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€200€148▼
Gross operating margin9900€10k€-5k▼
Operating profit (loss)9901€3k€-6k▼
Financial income75/76B€27€500▲
Recurring financial income75€27€500▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€2k€-7k▼
Income taxes67/77€1k€188▼
Profit (loss) for the period9904€1k€-7k▼
Profit (loss) for the period to be appropriated9905€1k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-3k▼
Profit (loss) brought forward from the previous period14P€4k€5k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 169 days late
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 325 days late
2022
31-12
Financial
Weakest financial yearnet €-7k ▼643%
Net result drops to €-7k, the lowest in the series.
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 137 days late
2020
31-12
Financial
Highest result since 2018net €3k ▲2208%
Operating result €6k, net result €3k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 170 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Anderlecht · 1 establishment unit since 2016
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.
Barastraat 491070 AnderlechtGround area
224 m²
Building footprint
186 m²
Volume, LiDAR
2,319 m³
2 parcels, Brussels · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GDM CREATIONS
since 20162.258.669.051
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0015/00Y003 | Brussels | 121 m² | 1 · 109 m² | 19.4 m · 5 fl. |
| 21305C0266/00Z003 | Brussels | 103 m² | 1 · 77 m² | 18.5 m · 5 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.
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Of 1,292 companies in sector 68122 we hold annual accounts for 899. 211 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2016
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.