GENERAL DISTRIBUTION SERVICES
ActiveGENERAL DISTRIBUTION SERVICES has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €4k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 1633 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40=
Solvency59▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.55 in 2024; short-term debt: 66.1% and cash: 0.2% of total assets), but 66.1% of the assets are financed with debt.
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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.9%
Return on assets
0.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d late
2023
5 d early
2022
on the day
2021
19 d late
2020
1 d early
2019
59 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.12M▼ 12.2%
2024 · €1.28M
2024: €1.28M
2024 → 2025
EBIT margin
0.4%=
2024 · 0.4%
2024: 0.4%
2024 → 2025
Net result
€4k▼ 8.3%
2024 · €5k
2018: €-17k
2019: €-24k
2020: €43k
2021: €7k
2022: €350
2023: €1k
2024: €5k
2018 → 2025
Working capital
€174k▲ 2.5%
2024 · €170k
2018: €136k
2019: €117k
2020: €170k
2021: €170k
2022: €164k
2023: €165k
2024: €170k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.28M€1.12M▼ 12.2%
Equity€164k-€164k▲ 0.2%€165k▲ 0.9%€170k▲ 2.8%€174k▲ 2.5%
Operating result€7k-€2k▼ 76.5%€12k▲ 637%€5k▼ 60.7%€4k▼ 9.5%
Net result€7k-€350▼ 95.0%€1k▲ 327%€5k▲ 210%€4k▼ 8.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €514k
Fixed assets
€124=
Current assets
€514k▲ 7.1%
Equity and liabilities €514k
Equity
€174k▲ 2.5%
Debt
€339k▲ 9.6%
The debt ratio rises from 64.5% to 66.1%. Equity and debt are higher.
Key figures and ratios
Solvency
33.9%▼
2024 · 35.5%
Current ratio
1.51▼
2024 · 1.55
Quick ratio
1.51▼
2024 · 1.55
Debt / equity
1.95▲
2024 · 1.82
ROE
2.4%▼
2024 · 2.7%
ROA
0.8%▼
2024 · 1.0%
Debt
€339k▲
2024 · €310k
Debt ≤ 1 year
€339k▲
2024 · €310k
Staff costs
€1.11M▼
2024 · €1.26M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€480k€514k▲
Fixed assets21/28€124€124=
Financial fixed assets28€124€124=
Current assets29/58€480k€514k▲
Amounts receivable within one year40/41€477k€513k▲
Trade receivables40€477k€512k▲
Other amounts receivable41€392€532▲
Cash at bank and in hand54/58€2k€953▼
Equity and liabilities
Total equity and liabilities10/49€480k€514k▲
Equity10/15€170k€174k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€162k€166k▲
Amounts payable17/49€310k€339k▲
Amounts payable within one year42/48€310k€339k▲
Trade debts44€141k€168k▲
Suppliers440/4€141k€168k▲
Taxes, remuneration and social security45€169k€119k▼
Taxes450/3€79k€39k▼
Remuneration and social security454/9€90k€80k▼
Other amounts payable47/48-€53k
Income statement
Code20242025
Turnover70€1.28M€1.12M▼
Goods, raw materials, services and sundry goods60/61€14k€11k▼
Remuneration, social security and pensions62€1.26M€1.11M▼
Gross operating margin9900€1.26M€1.11M▼
Operating profit (loss)9901€5k€4k▼
Financial charges65/66B€128€59▼
Recurring financial charges65€128€59▼
Profit (loss) for the period before taxes9903€5k€4k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€162k€166k▲
Profit (loss) brought forward from the previous period14P€157k€162k▲
Social balance
Average headcount (FTE)908731.627.6▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 1 day late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €157k ▲37.8%
Equity rises from €114k to €157k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 1994
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.
Gemenebeemdenstraat 1111120 BrusselGround area
4,788 m²
Building footprint
3,949 m²
Volume, LiDAR
23,483 m³
Parcel 21819D0143/00B007, Brussels · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gemenebeemdenstraat 111, 1120 Brussel
since 19942.069.445.708
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0143/00B007 | Brussels | 4,788 m² | 1 · 3,949 m² | 8.7 m · 2 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.
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Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 1,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-08-1994
Fiscal year end31-12
Abbreviation FR
GDS
Activities, NACEBEL
73200Market research and public opinion polling
74131
82920Office administrative, office support and other business support activities
52249Warehousing and support activities for transportation
63112
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.