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GES

Active
Limited partnershipfounded 2008active for 17 yearsDalemstraat 11, 3370 Boutersem, BelgiumKBO/BCE: BE 0809.824.987
Summary

For GES, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €397,632 and a net result of €190,494. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 44% of 7,314 sector peers (NACE 70, financial year 2022). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€866,501total assets 2022
Equity
€397,632
Profit
€190,494
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
0.9%
2022 figures too old to score
Structure
Holdings
1
Accounts 800 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2022 (filed 05-09-2023)Liquidity: current ratio 1.89, cash €8,457Two or more financial years not filedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Legal form: limited partnershipneutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Strong
Solvency 71+12
equity 45.9% of total assets
Liquidity 34+7
short-term debt 38.3% · cash 1.0%
Profitability 96+18
return on assets 22.0%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,305 companies, NACE 70, micro)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.5%▲ +0.1 percentage points vs 11-2024 01-2025: 1.0%▲ +0.5 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025highest value 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2022 (filed 05-09-2023)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.89, cash €8,457
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Legal form: limited partnership
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline09-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 days late
2021
44 days late
2020
108 days late
2019
56 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 59 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2022 · abbreviated…
  2. Highest result from 2018 to 2022net €190,494 ▲202%
  3. Annual accounts filedfinancial year 2021 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 800 days late View
  • Positive: Result rose in 2022from €63,115 to €190,494 ▲ 202% View
  • Positive: 5 profitable years in a rowprofit 2022: €190,494 5 years View

By topic

Financials

Financial year
2022
Total assets
€866,501
Profit
€190,494
Solvency
45.9%
Total assets▲ 2.4%
Net result
20182022
Go to Financials

Timeline

Events
16
Since
2011
  1. 16-11-2021Annual accounts filed
  2. 31-12-2020Liquidity more than triples
  3. 31-12-2020Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Limited partnership
Activity
Business and other management consultancyNACE 70200
Founded
12-11-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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