General Automatic Amusement
ActiveGeneral Automatic Amusement has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.25M and a net result of €523k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 86% of 517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+59
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400k at 30 days acceptable
Liquidity ample (current ratio 4.12 against 4.29 in 2023; short-term debt: 22.8% and cash: 6.7% of total assets), and 22.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.2%
Return on assets
7.7%
Age of the figures
21 mo
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
30 d early
2022
28 d early
2021
30 d early
2020
18 d early
2019
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€523k
2023 · €-129k
2018: €326k
2019: €-252k
2020: €-505k
2021: €-116k
2022: €717k
2023: €-129k
2018 → 2024
Working capital
€4.84M▲ 7.4%
2023 · €4.51M
2018: €4.73M
2019: €4.47M
2020: €4.45M
2021: €4.67M
2022: €5.67M
2023: €4.51M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4.26M-€4.14M▼ 2.7%€4.86M▲ 17.3%€4.73M▼ 2.7%€5.25M▲ 11.1%
Operating result€-499k-€-92k▲ 81.5%€753k€-87k€752k
Net result€-505k-€-116k▲ 77.0%€717k€-129k€523k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €752k after a loss of €87k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.80M
Fixed assets
€410k▲ 2.1%
Current assets
€6.39M▲ 8.8%
Equity and liabilities €6.80M
Equity
€5.25M▲ 11.1%
Debt
€1.55M▲ 0.2%
The debt ratio falls from 24.7% to 22.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€837k▲
2023 · €13k
Cash flow
€609k▲
2023 · €-28k
Solvency
77.2%▲
2023 · 75.3%
Current ratio
4.12▼
2023 · 4.29
Quick ratio
1.36▼
2023 · 1.49
Debt / equity
0.30▼
2023 · 0.33
ROE
10.0%▲
2023 · -2.7%
ROA
7.7%▲
2023 · -2.1%
Interest coverage
33.08▲
2023 · 0.29
Debt
€1.55M▲
2023 · €1.55M
Debt ≤ 1 year
€1.55M▲
2023 · €1.37M
Debt > 1 year
€0▼
2023 · €180k
Income taxes
€192k▲
2023 · €4k
Staff costs
€1.72M▲
2023 · €1.56M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€6.28M€6.80M▲
Fixed assets21/28€401k€410k▲
Intangible fixed assets21-€29k
Tangible fixed assets22/27€300k€306k▲
Plant, machinery and equipment23€30k€0▼
Furniture and vehicles24€174k€179k▲
Other tangible fixed assets26€88k€127k▲
Assets under construction and advance payments27€9k€0▼
Financial fixed assets28€101k€75k▼
Current assets29/58€5.88M€6.39M▲
Stocks and contracts in progress3€3.84M€4.29M▲
Stocks30/36€3.84M€4.29M▲
Amounts receivable within one year40/41€1.70M€1.63M▼
Trade receivables40€1.44M€1.41M▼
Other amounts receivable41€266k€218k▼
Cash at bank and in hand54/58€293k€459k▲
Deferred charges and accrued income490/1€48k€20k▼
Equity and liabilities
Total equity and liabilities10/49€6.28M€6.80M▲
Equity10/15€4.73M€5.25M▲
Contributions10/11€1.19M€1.19M=
Capital10€1.19M€1.19M=
Issued capital100€1.19M€1.19M=
Reserves13€119k€119k=
Non-distributable reserves130/1€119k€119k=
Legal reserve130€119k€119k=
Profit (loss) carried forward14€3.42M€3.94M▲
Amounts payable17/49€1.55M€1.55M▲
Amounts payable after more than one year17€180k€0▼
Financial debts170/4€180k€0▼
Amounts payable within one year42/48€1.37M€1.55M▲
Current portion of amounts payable after more than one year42€153k€0▼
Financial debts43-€0
Credit institutions430/8-€0
Trade debts44€860k€1.12M▲
Suppliers440/4€860k€1.12M▲
Taxes, remuneration and social security45€357k€434k▲
Taxes450/3€179k€225k▲
Remuneration and social security454/9€178k€209k▲
Accrued charges and deferred income492/3€575€0▼
Income statement
Code20232024
Non-recurring operating income76A€3k€2k▼
Remuneration, social security and pensions62€1.56M€1.72M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€85k▼
Other operating charges640/8€62k€39k▼
Non-recurring operating charges66A-€111k
Gross operating margin9900€1.64M€2.70M▲
Operating profit (loss)9901€-87k€752k▲
Financial income75/76B€8k€2k▼
Recurring financial income75€8k€63▼
Non-recurring financial income76B-€1k
Financial charges65/66B€47k€38k▼
Recurring financial charges65€47k€25k▼
Non-recurring financial charges66B-€13k
Profit (loss) for the period before taxes9903€-126k€716k▲
Income taxes67/77€4k€192k▲
Profit (loss) for the period9904€-129k€523k▲
Profit (loss) for the period to be appropriated9905€-129k€523k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.42M€3.94M▲
Profit (loss) brought forward from the previous period14P€3.55M€3.42M▼
Social balance
Average headcount (FTE)908718.321.3▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €523k
Net result €523k after one loss-making year.
31-12
Financial
Equity above €5MEq €5.25M ▲11.1%
Equity rises from €4.73M to €5.25M.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €717k
Net result €717k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-505k
Net result drops to €-505k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
19-07
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.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
17-12-2025
Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1970
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.
Oorlogskruisenlaan 1201120 BrusselGround area
3,002 m²
Building footprint
1,835 m²
Volume, LiDAR
15,321 m³
Parcel 21819D0089/00R000, Brussels · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
G.A.A. SA
since 19702.102.030.085
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0089/00R000 | Brussels | 3,002 m² | 1 · 1,835 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
AUTOREDO
BE 0837.879.763
Brussel · Eq €4.92M
Gestion Loisirs
BE 0414.533.458
Tintigny · Eq €4.67M
MF CONSULT
BE 0434.483.982
Brussel · Eq €4.48M
SHOW'S GAMES
BE 0811.430.338
Brussel · Eq €3.84M
BRAINE L'ALLEUD SERVICES FINANCIERS
BE 0866.442.701
Schaarbeek · Eq €3.37M
Of 154 companies in sector 77391 we hold annual accounts for 67. 22 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-02-1970
Fiscal year end31-12
Abbreviation FR
G.A.A.
Activities, NACEBEL
77391Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 48 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.