Age15 yrs
Real estate2 parcels · 853 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for GENERAL ELEC according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €21k and a net result of €-54k.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
2 events10-02-2025
Bankruptcy
Opening
19-04-2022
Bankruptcy
Judicial dissolution
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-54k
Working capital€21k-71.1%
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 04-11-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.8% | 38.7% | |
| Net result | €-54k | €12k | |
| Equity | €21k | €30k | |
| Gross operating margin | €-51k | €33k | |
| Total assets | €86k | €89k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P32
Weakening position over 2020-2023
· n=1618-9089
P5
Weakening position over 2020-2023
· n=1611-9074
P39
Stable position over 2020-2023
· n=1620-9095
P5
Weakening position over 2020-2023
· n=1609-9064
Describes the position versus peers, not a forecast.
€-52k
-
far below sector median
€-54k
-
far below sector median
€-52k
-
far below sector median
€86k
-13.8%
+25% vs sector
€21k
-71.7%
-19% vs sector
€21k
-71.1%
-7% vs sector
€43k
+5667.2%
-37% vs sector
€3k
-2.0%
+53% vs sector
€65k
+164.8%
+100% vs sector
€65k
+164.8%
+100% vs sector
1.33
-66.8%
+7% vs sector
1.33
-66.8%
+10% vs sector
24.8%
-67.2%
+13% vs sector
3.03
+836.1%
-50% vs sector
-253.6%
-
far below sector median
-62.9%
-
far below sector median
-162.39
-
far below sector median
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-52k |
| Net profit | €-54k |
| Cash flow | €-52k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €86k |
| Equity | €21k |
| Debt | €65k |
| of which ≤ 1y | €65k |
| of which > 1y | - |
| Working capital | €21k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 1.33 |
| Quick ratio | 1.33 |
| Working capital ratio | 24.6% |
| Solvency | 24.8% |
| Debt / equity | 3.03 |
| Long-term debt ratio | - |
| Interest coverage | -162.39 |
| Gross margin | - |
| Net margin | - |
| ROA | -62.9% |
| ROE | -253.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €86k |
| Fixed assets | 21/28 | €165 |
| Financial fixed assets | 28 | €165 |
| Current assets | 29/58 | €86k |
| Amounts receivable within one year | 40/41 | €85k |
| Cash & bank | 54/58 | €194 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €86k |
| Equity | 10/15 | €21k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €65k |
| Amounts payable within one year | 42/48 | €65k |
| Trade debts payable within one year | 44 | €41k |
| Income statement | ||
| Gross operating margin | 9900 | €-51k |
| Operating result | 9901 | €-54k |
| Financial income | 75 | €4 |
| Financial charges | 65 | €318 |
| Result before taxes | 9903 | €-54k |
| Net result for the period | 9904 | €-54k |
| Result to be appropriated | 9905 | €-54k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | THIERRY BINDELLE RUE VAN EYCK 44 BTE 6,
1000 FR BRUXELLES-VILLE |
03-02-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Stukadoorswerk(43310) |
| Legal form | Private limited company(610) |
| Incorporation | 05-01-2011 |
| Status | Active |
| Postal code | 1070 |
| First BS signal | 19-04-2022 |
| Latest BS signal | 10-02-2025 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Establishment units
1 locationEstablishment
since 20112.197.086.226
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area853 m²
Buildings2
Building footprint386 m²
Volume (LiDAR)16,216 m³
Tallest building52.2 m · ±16 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0298/00G000 | Brussels | 797 m² | 1 · 333 m² | 52.2 m · 16 fl. |
| 21526D0281/00V000 | Brussels | 57 m² | 1 · 52 m² | 8.2 m · 2 fl. |
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.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette10-02-2025
Bankruptcy
Opening
19-04-2022
Bankruptcy
Judicial dissolution
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
2 acts All acts · 2
updated 2 years ago
2023
05-12-2023 Publication in the Belgian Official Gazette, Minor change
Summary:
Statutes changeNotary:
Jean VAN den WOUWER · Bruxelles
2022
09-06-2022 Dissolution of the company
Analysis
Snowflake analysis
financial profile on 5 axes15
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
44
Growth
32
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Stukadoorswerk43310Stukadoorswerk43310Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Schrijnwerk43320Schrijnwerk43320Glaszetten43343Glaszetten43343Chapewerken43422Chapewerken43996
Primary activity highlighted.
Names & trade names
| Legal nameFR | GENERAL ELEC |
Registered office
Dokter Lemoinelaan 11 bus 4
1070 Anderlecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.