GESPRO Team
ActiveGESPRO Team has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €-6k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-1
Solvency39▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.56 in 2023; short-term debt: 57.4% and cash: 2.3% of total assets), and 85.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
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
14.1%
Return on assets
-1.7%
Age of the figures
21 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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
31 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▼ 137%
2023 · €-3k
2018: €-15k
2019: €16k
2020: €24k
2021: €-777
2022: €15k
2023: €-3k
2018 → 2024
Working capital
€-66k▲ 15.4%
2023 · €-78k
2018: €-92k
2019: €-90k
2020: €-94k
2021: €-96k
2022: €-74k
2023: €-78k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€49k▼ 1.6%€65k▲ 31.4%€62k▼ 4.2%€55k▼ 10.5%
Operating result€43k-€11k▼ 74.4%€29k▲ 164%€6k▼ 80.9%€-5k
Net result€24k-€-777€15k€-3k€-6k▼ 137%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €6k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €392k
Fixed assets
€234k▼ 7.4%
Current assets
€159k▲ 58.8%
Equity and liabilities €392k
Equity
€55k▼ 10.5%
Debt
€337k▲ 16.1%
The debt ratio rises from 82.4% to 85.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▼
2023 · €28k
Cash flow
€12k▼
2023 · €19k
Solvency
14.1%▼
2023 · 17.6%
Current ratio
0.71▲
2023 · 0.56
Quick ratio
0.70▲
2023 · 0.55
Debt / equity
6.08▲
2023 · 4.68
ROE
-11.7%▼
2023 · -4.4%
ROA
-1.7%▼
2023 · -0.8%
Interest coverage
11.44▲
2023 · 6.54
Debt
€337k▲
2023 · €290k
Debt ≤ 1 year
€225k▲
2023 · €178k
Debt > 1 year
€112k=
2023 · €112k
Staff costs
€1k▼
2023 · €2k
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€352k€392k▲
Fixed assets21/28€252k€234k▼
Tangible fixed assets22/27€252k€233k▼
Land and buildings22€242k€228k▼
Plant, machinery and equipment23€9k€5k▼
Furniture and vehicles24€688-
Financial fixed assets28€200€200=
Current assets29/58€100k€159k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€63k€147k▲
Trade receivables40€62k€143k▲
Other amounts receivable41€873€4k▲
Cash at bank and in hand54/58€35k€9k▼
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€352k€392k▲
Equity10/15€62k€55k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€41k€35k▼
Amounts payable17/49€290k€337k▲
Amounts payable after more than one year17€112k€112k=
Financial debts170/4€110k€110k=
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€178k€225k▲
Current portion of amounts payable after more than one year42€18k€2k▼
Trade debts44€35k€95k▲
Suppliers440/4€35k€95k▲
Taxes, remuneration and social security45€11k€4k▼
Taxes450/3€11k€4k▼
Other amounts payable47/48€114k€124k▲
Income statement
Code20232024
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€19k▼
Other operating charges640/8€8k€14k▲
Gross operating margin9900€38k€28k▼
Operating profit (loss)9901€6k€-5k▼
Financial income75/76B€61-
Recurring financial income75€61-
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€1k€-6k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€-3k€-6k▼
Profit (loss) for the period to be appropriated9905€-3k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€35k▼
Profit (loss) brought forward from the previous period14P€44k€41k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €24k ▲45.1%
Operating result €43k, net result €24k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2019
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.
Rue Roncevoie 154400 FlémalleGround area
164 m²
Building footprint
49 m²
Volume, LiDAR
311 m³
Parcel 62083B0490/00L000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GESPRO Team
since 20192.285.553.194
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62083B0490/00L000 | Wallonia | 164 m² | 1 · 49 m² | 7.6 m · 2 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 3,352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-11-2006
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
68110Buying and selling of own real estate
70120
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.