GENERAL BUSINESS SOLUTION
ActiveThe computed 12-month bankruptcy probability of GENERAL BUSINESS SOLUTION is 2.5% (moderate). The 2024 annual accounts show equity of €66k and a net result of €-7k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 26052 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-23
Solvency84▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 2.12 against 2.65 in 2023; short-term debt: 40.9% and cash: 15.1% of total assets), and 40.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
59.1%
Return on assets
-6.4%
Age of the figures
21 mo
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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
138 d late
2023
61 d late
2022
140 d late
2021
151 d late
2020
90 d late
2019
110 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-7k
2023 · €4k
2018: €12k
2019: €13k
2020: €6k
2021: €12k
2022: €-11k
2023: €4k
2018 → 2024
Working capital
€51k▼ 29.7%
2023 · €73k
2018: €45k
2019: €59k
2020: €66k
2021: €80k
2022: €70k
2023: €73k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€69k-€81k▲ 16.6%€70k▼ 13.3%€73k▲ 4.5%€66k▼ 9.7%
Operating result€10k-€12k▲ 24.4%€-11k€6k€-8k
Net result€6k-€12k▲ 80.2%€-11k€4k€-7k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112k
Fixed assets
€15k▲ 4,603%
Current assets
€97k▼ 17.2%
Equity and liabilities €112k
Equity
€66k▼ 9.7%
Debt
€46k▲ 3.5%
The debt ratio rises from 37.6% to 40.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
59.1%▼
2023 · 62.4%
Current ratio
2.12▼
2023 · 2.65
Quick ratio
1.04▲
2023 · 0.48
Debt / equity
0.69▲
2023 · 0.60
ROE
-10.8%▼
2023 · 5.0%
ROA
-6.4%▼
2023 · 3.1%
Debt
€46k▲
2023 · €44k
Debt ≤ 1 year
€46k▲
2023 · €44k
Staff costs
€51k▲
2023 · €16k
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€117k€112k▼
Fixed assets21/28€315€15k▲
Financial fixed assets28€315€15k▲
Current assets29/58€117k€97k▼
Stocks and contracts in progress3€95k€49k▼
Stocks30/36€95k€49k▼
Amounts receivable within one year40/41€12k€31k▲
Trade receivables40€7k€7k=
Other amounts receivable41€5k€24k▲
Cash at bank and in hand54/58€9k€17k▲
Equity and liabilities
Total equity and liabilities10/49€117k€112k▼
Equity10/15€73k€66k▼
Contributions10/11€7k€7k=
Capital10€7k€7k=
Issued capital100€18k€18k=
Uncalled capital101€12k€12k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€50k€43k▼
Amounts payable17/49€44k€46k▲
Amounts payable within one year42/48€44k€46k▲
Trade debts44€34k€35k▲
Suppliers440/4€34k€35k▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€5k€16▼
Other amounts payable47/48€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€16k€51k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€9k
Gross operating margin9900€26k€57k▲
Operating profit (loss)9901€6k€-8k▼
Financial income75/76B-€820
Recurring financial income75-€820
Financial charges65/66B€245€221▼
Recurring financial charges65€245€221▼
Profit (loss) for the period before taxes9903€6k€-7k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€4k€-7k▼
Profit (loss) for the period to be appropriated9905€4k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€43k▼
Profit (loss) brought forward from the previous period14P€46k€50k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 138 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 140 days late
2022
31-12
Financial
Weakest financial yearnet €-11k ▼193%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 110 days late
2019
31-12
Financial
Highest result since 2018net €13k ▲4.2%
Operating result €20k, net result €13k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 297 days late
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anderlecht · 2 establishment units since 2014
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.
Sint-Guidocorso 11070 AnderlechtGround area
229 m²
Building footprint
203 m²
Volume, LiDAR
1,591 m³
2 parcels, Brussels, Flanders · tallest building 15.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
General Business Solution
since 20142.225.747.647
Strombeek librairie
since 20242.367.371.112
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0647/00P003 | Brussels | 133 m² | 1 · 109 m² | 15.6 m · 2 fl. |
| 23084A0122/00P002 | Flanders | 96 m² | 1 · 94 m² | 10.4 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAnderlecht2.225.747.647
Grimbergen2.367.371.112
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Of 601 companies in sector 47610 we hold annual accounts for 241. 206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2013
Fiscal year end31-12
Activities, NACEBEL
47610Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.