General Floating Equipment
ActiveThe annual accounts of General Floating Equipment for fiscal year 2024 show a net loss of 61% of the equity at the start of that year. The 2024 annual accounts show equity of €251k and a net result of €-399k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 215 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-34
Solvency37▼-30
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.3 against 2.59 in 2023; short-term debt: 58.1% and cash: 0% of total assets), and 87.7% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← 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
12.3%
Return on assets
-19.6%
Age of the figures
20 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 215 sector peers (2024).
NBB · sector comparisonPosition among 215 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
76 d late
2022
20 d early
2021
110 d early
2020
156 d early
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€251k▼ 61.4%
2023 · €651k
2018: €12k
2019: €-28k
2020: €62k
2021: €123k
2022: €230k
2023: €651k
2018 → 2024
Total assets
€2.04M▲ 30.7%
2023 · €1.56M
2018: €507k
2019: €934k
2020: €978k
2021: €1.13M
2022: €1.50M
2023: €1.56M
2018 → 2024
Net result
€-399k
2023 · €682
2018: €-5k
2019: €-40k
2020: €89k
2021: €61k
2022: €107k
2023: €682
2018 → 2024
Working capital
€357k▼ 55.2%
2023 · €796k
2018: €-154k
2019: €-215k
2020: €-6k
2021: €18k
2022: €110k
2023: €796k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€62k-€123k▲ 99.3%€230k▲ 87.3%€651k▲ 183%€251k▼ 61.4%
Operating result€107k-€83k▼ 21.9%€169k▲ 103%€92k▼ 45.6%€-358k
Net result€89k-€61k▼ 31.5%€107k▲ 75.3%€682▼ 99.4%€-399k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €358k after €92k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.04M
Fixed assets
€498k▲ 89.1%
Current assets
€1.54M▲ 18.8%
Equity and liabilities €2.04M
Equity
€251k▼ 61.4%
Debt
€1.79M▲ 96.4%
The debt ratio rises from 58.3% to 87.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-291k▼
2023 · €156k
Cash flow
€-332k▼
2023 · €65k
Solvency
12.3%▼
2023 · 41.7%
Current ratio
1.30▼
2023 · 2.59
Quick ratio
0.83▼
2023 · 1.40
Debt / equity
7.12▲
2023 · 1.40
ROE
-159.0%▼
2023 · 0.1%
ROA
-19.6%▼
2023 · 0.0%
Interest coverage
-7.72▼
2023 · 1.80
Debt
€1.79M▲
2023 · €911k
Debt ≤ 1 year
€1.19M▲
2023 · €502k
Debt > 1 year
€604k▲
2023 · €387k
Income taxes
€5k▼
2023 · €6k
Staff costs
€82k▼
2023 · €107k
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€1.56M€2.04M▲
Fixed assets21/28€264k€498k▲
Intangible fixed assets21€139k€102k▼
Tangible fixed assets22/27€115k€396k▲
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€55k€50k▼
Furniture and vehicles24€55k€45k▼
Other tangible fixed assets26-€297k
Financial fixed assets28€10k-
Current assets29/58€1.30M€1.54M▲
Stocks and contracts in progress3€594k€553k▼
Stocks30/36€594k€553k▼
Amounts receivable within one year40/41€682k€982k▲
Trade receivables40€548k€742k▲
Other amounts receivable41€134k€240k▲
Cash at bank and in hand54/58€10k€380▼
Deferred charges and accrued income490/1€12k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.56M€2.04M▲
Equity10/15€651k€251k▼
Contributions10/11€425k€425k=
Reserves13€225k€225k=
Distributable reserves133€225k€225k=
Profit (loss) carried forward14€682€-399k▼
Amounts payable17/49€911k€1.79M▲
Amounts payable after more than one year17€387k€604k▲
Financial debts170/4€387k€604k▲
Amounts payable within one year42/48€502k€1.19M▲
Current portion of amounts payable after more than one year42€35k€35k▼
Financial debts43-€500k
Credit institutions430/8-€500k
Trade debts44€370k€545k▲
Suppliers440/4€323k€498k▲
Bills of exchange payable441€47k€47k=
Taxes, remuneration and social security45€83k€100k▲
Taxes450/3€72k€88k▲
Remuneration and social security454/9€11k€11k▼
Other amounts payable47/48€14k€6k▼
Accrued charges and deferred income492/3€22k-
Income statement
Code20232024
Remuneration, social security and pensions62€107k€82k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€67k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€1k€6k▲
Gross operating margin9900€267k€-201k▼
Operating profit (loss)9901€92k€-358k▼
Financial income75/76B€1k€758▼
Recurring financial income75€1k€758▼
Financial charges65/66B€87k€38k▼
Recurring financial charges65€87k€38k▼
Profit (loss) for the period before taxes9903€7k€-395k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€682€-399k▼
Profit (loss) for the period to be appropriated9905€682€-399k▼
Appropriation of the result
Profit (loss) to be appropriated9906€682€-399k▼
Profit (loss) brought forward from the previous period14P-€682
Social balance
Average headcount (FTE)90871.70.5▼
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
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 63 days late
2024
31-12
Financial
Weakest financial yearnet €-399k ▼58616%
Net result drops to €-399k, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 76 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.59
Current ratio from 1.12 to 2.59; short-term debt falls from €939k to €502k.
31-12
Financial
Equity above €500kEq €651k ▲183%
4 profitable years in a row build equity to €651k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €107k ▲75.3%
Operating result €169k, net result €107k, both a record.
31-12
Financial
Equity above €200kEq €230k ▲87.3%
3 profitable years in a row build equity to €230k.
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €123k ▲99.3%
2 profitable years in a row build equity to €123k.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €89k
Net result €89k after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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.
06-11-2025
Anthony Schrauwen: Resigned as Director
30-08-2019
Cornelius Bezemer: Resigned as Manager
16-03-2015
KEMPENAERS Jozef Rosa Louis: Resigned as Manager
29-01-2014
Beatrix Joppen: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2012
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.
Vosseschijnstraat zn2030 AntwerpenGround area
1.7 ha
Building footprint
1.0 ha
Volume, LiDAR
105,085 m³
Parcel 11807G1708/00Z002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
General Floating Equipment
since 20122.212.920.584
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1708/00Z002 | Flanders | 1.7 ha | 1 · 1.0 ha | 12.4 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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 12,257 EUR awarded · 12,257 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,625 EUR | 2,625 EUR |
| 2022 | 1 | 9,632 EUR | 9,632 EUR |
Schemes
Subsidies voor internationaal ondernemen
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Of 915 companies in sector 32990 we hold annual accounts for 163. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2012
Fiscal year end31-12
Abbreviation NL
GFE
Activities, NACEBEL
32990Other manufacturing not elsewhere classified
46180Agents specialised in the wholesale of other particular products
46649Wholesale of other machinery and equipment
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.gfe-international.eu
E-mail:info@gfe-international.eu