GE DISTRIBUTION SERVICES
The computed 12-month bankruptcy probability of GE DISTRIBUTION SERVICES is 3.6% (moderate). The 2024 annual accounts show negative equity (€-315k) and a net result of €-83k. Equity is shrinking by ~58.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 128 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-315k |
| Net result | €-83k |
| Staff (FTE) | 5.3 |
| Better than sector | 5% |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -369.1% | 42.2% | |
| Net result | €-83k | €32k | |
| Equity | €-315k | €111k | |
| Gross operating margin | €294k | €81k | |
| Staff costs | €203k | €241k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €701k |
| EBITDA | €-79k |
| Net profit | €-83k |
| Cash flow | €-78k |
| Staff costs | €203k |
| Income taxes | - |
| Dividends | - |
| Total assets | €85k |
| Equity | €-315k |
| Debt | €401k |
| of which ≤ 1y | €401k |
| of which > 1y | - |
| Working capital | €-333k |
| Employees (FTE) | 5.3 |
| 2024 | |
|---|---|
| Current ratio | 0.17 |
| Quick ratio | 0.17 |
| Working capital ratio | -390.0% |
| Solvency | -369.1% |
| Debt / equity | -1.27 |
| Long-term debt ratio | - |
| Interest coverage | -603.05 |
| Gross margin | 29.9% |
| Net margin | -11.8% |
| ROA | -96.9% |
| ROE | 26.3% |
| EBITDA margin | -11.2% |
| Days sales outstanding | 30d |
| Days payable outstanding | 274d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €85k |
| Fixed assets | 21/28 | €18k |
| Tangible fixed assets | 22/27 | €18k |
| Current assets | 29/58 | €68k |
| Amounts receivable within one year | 40/41 | €60k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €85k |
| Equity | 10/15 | €-315k |
| Contributions / capital | 10/11 | €40k |
| Accumulated profits (losses) | 14 | €-355k |
| Amounts payable | 17/49 | €401k |
| Amounts payable within one year | 42/48 | €401k |
| Trade debts payable within one year | 44 | €369k |
| Income statement | ||
| Turnover | 70 | €701k |
| Gross operating margin | 9900 | €294k |
| Operating result | 9901 | €-83k |
| Financial income | 75 | €514 |
| Financial charges | 65 | €131 |
| Result before taxes | 9903 | €-83k |
| Net result for the period | 9904 | €-83k |
| Result to be appropriated | 9905 | €-83k |
-
Current13-12-2022 → present
-
Current13-12-2022 → present
| NACE primary | Advertising & market research(73110) |
| Legal form | Private limited company(610) |
| Incorporation | 12-09-2022 |
| Status | Active |
| Postal code | 4700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023F0074/00H000 | Wallonia | 1,012 m² | 1 · 181 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-03-2026 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"detected_real_type": "statutes_change"
}13-12-2022 2 reappointed
- Ernst THOMMESSEN, Bestuurder
- Bernard MARCHANT, Gedelegeerd bestuurder
Technical details
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}
],
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"name_full": "GE DISTRIBUTION SERVICES, EN ABREGE : GED SERVICES",
"legal_form": "GmbH"
}
}14-09-2022 Incorporation of a new SRL
Technical details
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"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameDE | GE DISTRIBUTION SERVICES |
| AbbreviationDE | GED SERVICES |