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GFSC

Active
Private limited companyfounded 1984active for 42 yearsElisabethlaan 143, 9400 Ninove, BelgiumKBO/BCE: BE 0425.553.945
Summary

GFSC has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64.9m and a net result of €12.0m. Equity is shrinking by about 4.9% per year across the filed financial years. Its solvency ranks better than 21% of 1,164 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

History

On 1 February 1984, GFSC was incorporated.1 Total assets went from €212.4m in 2018 to €483.8m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
18-05
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Back to profitnet €12.0m
Net result €12.0m after 4 loss-making years.
31-12
Financial Liquidity more than doubledcurrent ratio 3.01
Current ratio from 1.18 to 3.01; short-term debt falls from €250.0m to €150.9m.
31-12
Financial Equity above €50mequity €64.9m ▲40.7%
Equity rises from €46.1m to €64.9m.
27-05
NBB filing Annual accounts filed
financial year 2024 · full format
14-05
Gazette deed Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
4 facts ▸
  • General meeting, 24-04-2025
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
  • Other provision, “eenhoofdigheid, vennootschapsdossier” (deed in Dutch)
  • Board meeting, “bestuursorgaan” (deed in Dutch)
2024
28-05
NBB filing Annual accounts filed
financial year 2023 · full format
2023
15-05
NBB filing Annual accounts filed
financial year 2022 · full format
12-04
Gazette deed Resignations: LA LORRAINE BAKERY GROUP, SHAURI and L & A BUSINESS CONSULT
Appointments: LA LORRAINE BAKERY GROUP, SHAURI and L & A BUSINESS CONSULT · Permanent representatives: Guido Vanherpe, Marc Vanherpe and Luc Verhasselt · Registered office clause17 facts ▸
  • General meeting, “in overeenstemming met vorige besluit, opdracht aan ondergetekende notaris coördinatie op te maken en te ondertekenen” (deed in Dutch)
  • Director resignation, LA LORRAINE BAKERY GROUP (manager)
  • Director resignation, SHAURI (manager)
  • Director resignation, L & A BUSINESS CONSULT (manager)
  • Director appointment, LA LORRAINE BAKERY GROUP (director (not named in the articles))
  • Director appointment, SHAURI (director (not named in the articles))
  • Director appointment, L & A BUSINESS CONSULT (director (not named in the articles))
  • Permanent representative, Guido Vanherpe
  • Permanent representative, Marc Vanherpe
  • Permanent representative, Luc Verhasselt
  • Other provision, “kwijting ontslagnemende zaakvoerders voor uitoefening mandaat, beslissen op volgende jaarvergadering” (deed in Dutch)
  • Registered office clause, “9400 Ninove,Elisabethlaan 143” (deed in Dutch)
  • +5 further facts in this act
2022
27-06
Gazette deed Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 21-04-2022
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
25-05
NBB filing Annual accounts filed
financial year 2021 · full format
2021
19-05
NBB filing Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
31-12
Financial Weakest financial yearnet -€13.1m
Net result drops to -€13.1m, the lowest in the series; recovery starts the following year.
20-05
NBB filing Annual accounts filed
financial year 2019 · full format
2019
31-12
Financial Back to profitnet €3.9m
Net result €3.9m after one loss-making year.
21-05
NBB filing Annual accounts filed
financial year 2018 · full format
2018
24-05
NBB filing Annual accounts filed
financial year 2017 · full format
2017
18-05
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are under Financials.
3 of 14 deeds read
About the unread acts

Of the 14 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.

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