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GDO

Dissolution or liquidation
Private limited company (pre-2019)founded 2013Diestersteenweg 146, 3510 Hasselt, BelgiumKBO/BCE: BE 0536.708.027
Summary

The KBO register records for GDO the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €43,992 and a net result of €1.2m.

GDODissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
61 d late
2022
91 d late
2021
92 d late
2020
89 d late
2019
111 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 79 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

On 8 July 2013, GDO was incorporated.1 Total assets went from EUR 812,860 in 2018 to EUR 44,920 in 2024 and headcount from 8.1 full-time equivalents in 2018 to 0.8 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€43,992
2023 · -€1.2m
Total assets
€44,920▼ 9.4%
2023 · €49,568
Net result
€1.2m
2023 · -€50,904
Working capital
€43,992
2023 · -€1.2m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€473,600▲ 139%€103,350▼ 78.2%-€33,803-€832▲ 97.5%-€2,424▼ 191%
Net result€431,228▲ 151%€80,413▼ 81.4%-€85,523-€50,904▲ 40.5%€1.2m
Equity-€1.1m▲ 27.9%-€1.0m▲ 7.2%-€1.1m▼ 8.3%-€1.2m▼ 4.5%€43,992
Total assets€499,899▲ 26.5%€490,069▼ 2.0%€78,220▼ 84.0%€49,568▼ 36.6%€44,920▼ 9.4%
Debt€1.5m▼ 16.5%€1.5m▲ 0.6%€1.2m▼ 21.4%€1.2m▲ 1.9%€928▼ 99.9%
Working capital-€341,549▲ 56.3%-€360,916▼ 5.7%-€1.1m▼ 211%-€1.2m▼ 4.5%€43,992
Staff (FTE)1.8▼ 21.7%0.8▼ 55.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0mOperating result 2020: €473,600€473,600Net result 2020: €431,228€431,228Operating result 2021: €103,350€103,350Net result 2021: €80,413€80,413Operating result 2022: -€33,803-€33,803Net result 2022: -€85,523-€85,523Operating result 2023: -€832-€832Net result 2023: -€50,904-€50,904Operating result 2024: -€2,424-€2,424Net result 2024: €1.2m€1.2m20202021202220232024-€500,000€0€500,000€1mOperating result 2022: -€33,803-€33,800Net result 2022: -€85,523-€85,500Operating result 2023: -€832-€832Net result 2023: -€50,904-€50,900Operating result 2024: -€2,424-€2,420Net result 2024: €1.2m€1.2m202220232024
The operating result stays negative: a loss of €2,424 in 2024 against €832 in 2023; the loss grows.
Balance-sheet composition
Equity and liabilities €44,920
Equity €43,992
Debt €928
Debt finances 2.1% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
Current ratio
48.41▲
2023 · 0.04
Debt to equity
0.02▲
2023 · -1.04
Debt ≤ 1 year
€928▼
2023 · €1.2m
A ratio outside any meaningful range has been withheld (balance sheet total €44,920, equity €43,992).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€49,568€44,920▼
Current assets29/58€49,568€44,920▼
Amounts receivable within one year40/41€12,269€30,269▲
Other amounts receivable41€12,269€30,269▲
Cash at bank and in hand54/58€37,299€14,651▼
Equity and liabilities
Total equity and liabilities10/49€49,568€44,920▼
Equity10/15-€1.2m€43,992▲
Contributions10/11€100,000€100,000=
Reserves13€10,000€10,000=
Non-distributable reserves130/1€10,000€10,000=
Reserves not available under the articles1311€10,000€10,000=
Profit (loss) carried forward14-€1.3m-€66,008▲
Amounts payable17/49€1.2m€928▼
Amounts payable within one year42/48€1.2m€928▼
Financial debts43€1.2m-
Credit institutions430/8€1.2m-
Trade debts44€0€928▲
Suppliers440/4€0€928▲
Other amounts payable47/48€3,268-
Income statement Code20232024
Other operating charges640/8€62€62=
Gross operating margin9900-€770-€2,362▼
Operating profit (loss)9901-€832-€2,424▼
Financial income75/76B-€1.2m
Recurring financial income75-€115
Non-recurring financial income76B-€1.2m
Financial charges65/66B€50,071-
Recurring financial charges65€50,071-
Profit (loss) for the period before taxes9903-€50,904€1.2m▲
Profit (loss) for the period9904-€50,904€1.2m▲
Profit (loss) for the period to be appropriated9905-€50,904€1.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.3m-€66,008▲
Profit (loss) brought forward from the previous period14P-€1.2m-€1.3m▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€78,288€6,320---
Remuneration, social security and pensions62-€60,861€8,578---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110-----
Provisions for liabilities and charges: additions (uses and reversals)635/8--€99,780----
Other operating charges640/8-€62€124€62€62=
Gross operating margin9900€562,844€64,494-€25,101-€770-€2,362▼ 207%
Operating profit (loss)9901€473,600€103,350-€33,803-€832-€2,424▼ 191%
Financial income75/76B----€1.2m-
Recurring financial income75€75---€115-
Non-recurring financial income76B----€1.2m-
Financial charges65/66B-€22,938€4,640€50,071--
Recurring financial charges65€151,366€22,938€647€50,071--
Non-recurring financial charges66B--€3,993---
Profit (loss) for the period before taxes9903€322,309€80,413-€38,444-€50,904€1.2m▲ 2,489%
Income taxes67/77-€108,920-€47,079---
Profit (loss) for the period9904€431,228€80,413-€85,523-€50,904€1.2m▲ 2,489%
Profit (loss) for the period to be appropriated9905€431,228€80,413-€85,523-€50,904€1.2m▲ 2,489%
Line20202021202220232024Change
Assets
Total assets20/58€499,899€490,069€78,220€49,568€44,920▼ 9.4%
Current assets29/58€499,899€490,069€78,220€49,568€44,920▼ 9.4%
Amounts receivable within one year40/41€470,802€487,630€32,698€12,269€30,269▲ 147%
Trade receivables40-€82,564----
Other amounts receivable41-€405,066€32,698€12,269€30,269▲ 147%
Cash at bank and in hand54/58€29,096€2,440€45,522€37,299€14,651▼ 60.7%
Equity and liabilities
Total equity and liabilities10/49€499,899€490,069€78,220€49,568€44,920▼ 9.4%
Equity10/15-€1.1m-€1.0m-€1.1m-€1.2m€43,992▲ 104%
Contributions10/11-€100,000€100,000€100,000€100,000=
Reserves13€10,000€10,000€10,000€10,000€10,000=
Non-distributable reserves130/1-€10,000€10,000€10,000€10,000=
Reserves not available under the articles1311-€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€1.2m-€1.1m-€1.2m-€1.3m-€66,008▲ 94.9%
Provisions and deferred taxes16€99,780-----
Amounts payable17/49€1.5m€1.5m€1.2m€1.2m€928▼ 99.9%
Amounts payable after more than one year17€674,561€674,561----
Financial debts170/4-€674,561----
Amounts payable within one year42/48€841,447€850,985€1.2m€1.2m€928▼ 99.9%
Current portion of amounts payable after more than one year42-€189,228----
Financial debts43-€454,715€1.2m€1.2m--
Credit institutions430/8-€454,715€1.2m€1.2m--
Trade debts44€59,695€71,048-€0€928▲ 441,805%
Suppliers440/4-€71,048-€0€928▲ 441,805%
Taxes, remuneration and social security45-€110,819€9,850---
Taxes450/3-€108,663€9,850---
Remuneration and social security454/9-€2,156----
Other amounts payable47/48-€25,174€8,673€3,268--
Line20202021202220232024Change
Profit (loss) for the period9904€431,228€80,413-€85,523-€50,904€1.2m▲ 2,489%
+ Depreciation and write-downs630€110-----
Operating cash flow (approximation)€431,338€80,413-€85,523-€50,904€1.2m▲ 2,489%
Change in cash--€26,657€43,083-€8,223-€22,648▼ 175%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Back to profitnet €1.2m
Net result €1.2m after 2 loss-making years.
31-12
Financial Liquidity times 1193current ratio 48.41
Current ratio from 0.04 to 48.41; short-term debt falls from €1.2m to €928.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
19-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 111 days late
2019
31-12
Financial Back to profitnet €171,778
Net result €171,778 after one loss-making year.
10-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
01-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 62 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Hasselt · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
1,278 m²
Building footprint
280 m²
Volume, LiDAR
1,934 m³
2 parcels, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Donné
Henisstraat 25, 3700 Tongeren-BorgloonActivities of bailiffs
since 20132.221.356.715
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73347A0343/00V005 Flanders 750 m² 1 · 148 m² 11.7 m · 3 fl.
71028B0405/00Z000 Flanders 528 m² 1 · 132 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 1,019 companies in sector 69103 we hold annual accounts for 611. 374 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 (pre-2019)
Founded08-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
69103Activities of bailiffs

Scores and ratios are computed by Checked and are not a credit decision.