GFLE
ActiveSummary
The computed 12-month bankruptcy probability of GFLE is 4.2% (elevated). The 2024 annual accounts show equity of €40,168 and a net result of €35,168. Its solvency ranks better than 23% of 6,481 sector peers (NACE 47, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-09-2023 Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Establishment unit
- 2.350.910.311 1030 Schaarbeek, since 15-10-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 18-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.2%
2024 figures too old to score
Annual accounts to 30-06-2024
- Gross margin
- €144,205
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €35,168
- Equity
- €40,168
- Total assets
- €342,861
- Employees on 30-06-2024
- 4
Filed on 30-01-2025, 1 day before the deadline
Signalsraises riskFigures for financial year 2024 (filed on 30-01-2025)1 financial year not filed after the legal deadlineFounded in 2023lowers riskSize: total assets €342,861neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2024. They are too old for a current score.
Bankruptcy probability: Elevated
Financial strength, FY 2024
Weak
Solvency
37
equity 11.7% of total assets
Liquidity
27
short-term debt 86.7% · cash 19.6%
Profitability
63
return on assets 10.3%
Bankruptcy probability within 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.0%
01-2025: 2.4%▲ +0.4 percentage points vs 12-2024
02-2025: 0.9%▼ -1.5 percentage points vs 01-2025lowest value
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: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.1%▲ +0.1 percentage points vs 12-2025
02-2026: 1.4%▲ +0.3 percentage points vs 01-2026
03-2026: 1.6%▲ +0.2 percentage points vs 02-2026
04-2026: 2.5%▲ +0.9 percentage points vs 03-2026
05-2026: 2.6%▲ +0.1 percentage points vs 04-2026
06-2026: 3.1%▲ +0.5 percentage points vs 05-2026
07-2026: 4.5%▲ +1.4 percentage points vs 06-2026
08-2026: 4.5%● unchanged vs 07-2026
09-2026: 4.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 4.2%▼ -0.4 percentage points vs 09-2026
11-2026: 4.2%● unchanged vs 10-2026
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-01-2025, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 1 day before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, full format
Annual accounts 2024 filed on 30-01-2025 PDF
Turnover
≈ €1.3m
Estimated: probably between €950,000 and €1.7m
EBIT margin
Not included in this filing
Net result
€35,168
Working capital
€20,535
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €342,861
Fixed assets
€25,000
Current assets
€317,861
Equity and liabilities €342,861
Equity
€40,168
Debt
€302,693
Debt's share of the balance-sheet total is 88.3%.
Key figures and ratios
Current ratio
1.07
Quick ratio
0.90
Debt to equity
7.54
ROE
87.6%
ROA
10.3%
Debt ≤ 1 year
€297,326
Income taxes
€8,795
Staff costs
€98,004
Staff
| Item | 30-06-2024 |
|---|---|
| Employees at the balance-sheet date | 4 |
| full-time | 4 |
| in full-time equivalents | 4 |
| Average over the year, in full-time equivalents | 2.7 |
| On a permanent contract | 4 |
| Joined | 6 |
| Left | 2 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 30-06-2024 |
|---|---|
| Financial fixed assets | €25,000 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as GFLE: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €298,000 and €381,000, founded in 2023.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| GFLE Sint-Joost-ten-Node | 2023 | €0.3m | €0.04m | €0.1m | - | €0.04m | - | 2024 |
| GANIYY Schaarbeek | 2023 | €0.4m | €0.07m | €0.2m | - | -€0.009m | 10.6 | 2026 |
| SMK Concept Schaarbeek | 2023 | €0.3m | -€0.08m | €0.2m | - | €0.007m | - | 2025 |
| AS AFRICA Anderlecht | 2023 | €0.3m | €0.06m | €0.1m | - | €0.03m | - | 2025 |
| CHAMP Brussel | 2023 | €0.4m | €0.2m | €0.2m | - | €0.06m | - | 2025 |
| GLOBAL TRADERS Anderlecht | 2023 | €0.3m | €0.09m | €0.1m | €1.4m | €0.06m | - | 2025 |
| MALIBRI Aalst | 2023 | €0.4m | -€0.03m | €0.1m | - | -€0.03m | - | 2025 |
They were chosen from the 5,986 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2024 |
|---|---|
| Remuneration, social security and pensions62 | €98,004 |
| Other operating charges640/8 | €350 |
| Gross operating margin9900 | €144,205 |
| Operating profit (loss)9901 | €45,851 |
| Financial income75/76B | €3,755 |
| Recurring financial income75 | €3,755 |
| Financial charges65/66B | €5,643 |
| Recurring financial charges65 | €5,643 |
| Profit (loss) for the period before taxes9903 | €43,963 |
| Income taxes67/77 | €8,795 |
| Profit (loss) for the period9904 | €35,168 |
| Profit (loss) for the period to be appropriated9905 | €35,168 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €342,861 | |
| Fixed assets21/28 | €25,000 | |
| Financial fixed assets28 | €25,000 | |
| Current assets29/58 | €317,861 | |
| Stocks and contracts in progress3 | €50,000 | |
| Stocks30/36 | €50,000 | |
| Amounts receivable within one year40/41 | €196,222 | |
| Trade receivables40 | €1,621 | |
| Other amounts receivable41 | €194,602 | |
| Cash at bank and in hand54/58 | €67,296 | |
| Deferred charges and accrued income490/1 | €4,342 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €342,861 | |
| Equity10/15 | €40,168 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €35,168 | |
| Amounts payable17/49 | €302,693 | |
| Amounts payable within one year42/48 | €297,326 | |
| Trade debts44 | €169,221 | |
| Suppliers440/4 | €169,221 | |
| Taxes, remuneration and social security45 | €33,411 | |
| Taxes450/3 | €8,795 | |
| Remuneration and social security454/9 | €24,615 | |
| Other amounts payable47/48 | €94,694 | |
| Accrued charges and deferred income492/3 | €5,367 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €35,168 |
| Operating cash flow (approximation) | €35,168 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | full format | 30-01-2025 | 2025-00015229 |
Board & ownership
Directors
Directors
1 director, no change since 2023
Board 1
G.G.C.
Current
Director (not named in the articles) · appointed in the act of 15-09-2023 · term without a fixed end · Legal entity · permanent representative: CEKIC Gurkan · listed in the 2024 annual accounts, filed on 30-01-2025
Permanent representatives 1
CEKIC Gurkan
Current
Permanent representative · appointed in the act of 15-09-2023 · for G.G.C.
Owners and capital
Shareholders
At incorporation
act of 15-09-2023 ↗
- CEKIC Gurkan 99 shares (99%) · €4,950
- G.C 1 share (1%) · €50
Capital transactions
Capital over time
- 15-09-2023 Incorporation · €5,000 · 100 shares
Mandate history
2 people, 1 in office
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| G.G.C. |
|
| G.C |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Fixe ou proportionnelle, assemblée majorité absolue voix ou actionnaire unique”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, commun accord ou président tribunal de l’entreprise statuant comme en…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “22, en tout temps par décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “23, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 15-09-2023 (in French)
Network & group
GFLE shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of GFLE. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2025
30-01
full format · 1 day before the deadline
2023
15-09
Gazette deed
IncorporationStarting capital €5,000 · Appointment: G.C (director) · Permanent representative: CEKIC Gurkan · Founder9 points ▸
Gazette deed
Incorporation
Starting capital €5,000 · Appointment: G.C (director) · Permanent representative: CEKIC Gurkan · Founder9 points ▸
- Incorporation, “GFLE” (deed in French)
- Founder, CEKIC Gurkan
- Founder, G.C
- Founding capital, €5,000
- Capital
- Registered office clause, “1210 Saint-Josse-ten-Noode, Rue Royale 183” (deed in French)
- Director appointment, G.C (director (not named in the articles))
- Permanent representative, CEKIC Gurkan
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et toutes activités entreprises par un comparant au nom et pour compte de la société en formation” (deed in French)
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordName
GFLE in French
Enterprise number
0805.798.301
Legal form
Private limited company
Status
Active, normale toestand
Founded
13-09-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-09-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, peut établir ou supprimer sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et à…”
deed of 15-09-2023 (in French)Registered office and establishments
Registered office
Koningsstraat 183, 1210 Sint-Joost-ten-Node, Belgium
Establishment unit
GFLE, Koningsstraat 267, 1030 Schaarbeek since 15-10-2023 · unit number 2.350.910.311
Activities
NACEBEL 202547110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
Codes under NACEBEL 2008
47113
Retail trade main activity
Invoicing and payment
VAT number
BE 0805.798.301
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of December at 18:00
deed of 15-09-2023 (in French)Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeekunit number 2.350.910.311
Sites & property
Location
Buildings and parcels at the addresses
Ground area
719 m²
Building footprint
603 m²
Building volume
5,969 m³
Tallest building: 20.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21908E0292/00P000 | Brussels | 405 m² | 1 · 408 m² | 19.4 m · 1 |
| 21014A0318/00D002 | Brussels | 313 m² | 1 · 195 m² | 20.5 m · 6 |