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GENERAL TRADING

Active
Public limited companyfounded 198640 years activeSaïolaan 15-17, 1070 Anderlecht, BelgiumKBO/BCE: BE 0428.758.311
Summary

The computed 12-month bankruptcy probability of GENERAL TRADING is 1.5% (moderate). The 2025 annual accounts show negative equity (-€321,137) and a net result of -€4,625. Equity is shrinking by ~4.1% per year across the filed fiscal years. The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€74,141total assets 2025
Equity
-€321,137
Loss
-€4,625
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy probability, 12 months
1.5%
Structure
Accounts filed 49 days late0 of 6 deeds read
Why 53Capped at 59: negative equity- Latest accounts 49 days late; 2 of the last 3 late- Liquidity: current ratio 0.08+ Size: total assets €74,141+ Founded in 1986Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -433.1% of total assets
Liquidity 0=
short-term debt 533.1%
Profitability 22+22
return on assets -6.2%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024lowest value 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 0.9%▲ +0.2 percentage points vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.3 percentage points vs 08-2025 10-2025: 2.7%▲ +0.7 percentage points vs 09-2025 11-2025: 2.9%▲ +0.2 percentage points vs 10-2025 12-2025: 3.8%▲ +0.9 percentage points vs 11-2025 01-2026: 6.1%▲ +2.3 percentage points vs 12-2025 02-2026: 6.1%● unchanged vs 01-2026 03-2026: 6.0%▼ -0.1 percentage points vs 02-2026 04-2026: 6.0%● unchanged vs 03-2026 05-2026: 6.0%● unchanged vs 04-2026 06-2026: 6.4%▲ +0.4 percentage points vs 05-2026 07-2026: 6.5%▲ +0.1 percentage points vs 06-2026 08-2026: 7.2%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 7.1%▼ -0.1 percentage points vs 08-2026 10-2026: 1.5%▼ -5.6 percentage points vs 09-2026
No credit on open account
Liquidity short (current ratio 0.08 against 0.08 in 2024; short-term debt: 533.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 5% on solvency, 1% on liquidity, 18% on profitability and 39% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €74,141
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1986
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Latest accounts 49 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.08
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€321,137
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 filings
Deviation from the deadline
2025
49 days late
2024
182 days late
2023
on the day
2022
366 days late
2021
31 days early
2020
38 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 18 September (4 of the last 5 filed years within 133 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€321,137 View
  • Risk: 8 loss-making years in a rowloss fiscal year 2025 -€4,625 View
  • Active since 1986founded 28-03-1986 40 years View

By topic

Financials

Fiscal year
2025
Total assets
€74,141
Loss
-€4,625
Solvency
-433.1%
Total assets=
Net result
20182025
Go to Financials

Timeline

Events
10
Since
2017
Next accounts
by 31-07-2027
  1. 31-07-2024Annual accounts filed
  2. 30-06-2022Annual accounts filed
  3. 23-06-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
28-03-1986
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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