GENERAL MASTER BUSINESS
The computed 12-month bankruptcy probability of GENERAL MASTER BUSINESS is 0.4% (very low). The 2024 annual accounts show equity of €11k and a net result of €-19k. Equity is shrinking by ~22.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 17% of 817 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €11k |
| Net result | €-19k |
| Better than sector | 17% |
| Active | 35 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.7% | 61.4% | |
| Net result | €-19k | €21k | |
| Equity | €11k | €48k | |
| Gross operating margin | €24k | €39k | |
| Staff costs | €21k | €14k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-4k |
| Net profit | €-19k |
| Cash flow | €-12k |
| Staff costs | €21k |
| Income taxes | €741 |
| Dividends | - |
| Total assets | €92k |
| Equity | €11k |
| Debt | €82k |
| of which ≤ 1y | €82k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.97 |
| Working capital ratio | -2.7% |
| Solvency | 11.7% |
| Debt / equity | 7.57 |
| Long-term debt ratio | - |
| Interest coverage | -0.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -21.1% |
| ROE | -180.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €92k |
| Fixed assets | 21/28 | €13k |
| Tangible fixed assets | 22/27 | €13k |
| Financial fixed assets | 28 | €137 |
| Current assets | 29/58 | €79k |
| Amounts receivable within one year | 40/41 | €15k |
| Investments | 50/53 | €15k |
| Cash & bank | 54/58 | €49k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €92k |
| Equity | 10/15 | €11k |
| Contributions / capital | 10/11 | €64k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-59k |
| Amounts payable | 17/49 | €82k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €24k |
| Operating result | 9901 | €-11k |
| Financial income | 75 | €153 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-19k |
| Income taxes | 67/77 | €741 |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
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Isabelle Van DriesscheDirectorState Gazette act 25090604 (17-07-2025)Current01-05-2025 → present
| NACE primary | Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten(63100) |
| Legal form | Public limited company(014) |
| Incorporation | 27-12-1990 |
| Status | Active |
| Postal code | 1200 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0066/00V004 | Brussels | 359 m² | 1 · 74 m² | 11.9 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-07-2025 2 directors appointed
- Isabelle Van Driessche, Bestuurder
- Laurent François, Directeur
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | GENERAL MASTER BUSINESS |
| AbbreviationFR | GMB |
| Trade nameFR | Leo Nocta Records |