GG Concept
Open bankruptcyA bankruptcy procedure is open for GG Concept according to publications in the Belgian State Gazette; curator: PIERRE GILLAIN. The 2022 annual accounts show negative equity (€-29k) and a net result of €-6k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-07-2023, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
on the day
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-29k▼ 24.8%
2021 · €-23k
2021: €-23k
2021 → 2022
Total assets
€4k▼ 20.6%
2021 · €5k
2021: €5k
2021 → 2022
Net result
€-6k▲ 78.3%
2021 · €-26k
2021: €-26k
2021 → 2022
Working capital
€-29k▼ 24.7%
2021 · €-23k
2021: €-23k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€-23k-€-29k▼ 24.8%
Operating result€-26k-€-5k▲ 82.5%
Net result€-26k-€-6k▲ 78.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2022 against €26k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €4k
Fixed assets
€367▼ 21.3%
Current assets
€4k▼ 20.5%
Key figures and ratios
EBITDA
€-4k▲
2021 · €-26k
Cash flow
€-6k▲
2021 · €-26k
Interest coverage
-3.75▲
2021 · -76.96
Debt
€33k▲
2021 · €28k
Debt ≤ 1 year
€33k▲
2021 · €28k
Staff costs
€26k▲
2021 · €17k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€5k€4k▼
Fixed assets21/28€467€367▼
Tangible fixed assets22/27€467€367▼
Furniture and vehicles24€467€367▼
Current assets29/58€5k€4k▼
Stocks and contracts in progress3-€1k
Stocks30/36-€1k
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€1k€2k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€1-
Deferred charges and accrued income490/1€207€354▲
Equity and liabilities
Total equity and liabilities10/49€5k€4k▼
Equity10/15€-23k€-29k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-26k€-32k▼
Amounts payable17/49€28k€33k▲
Amounts payable within one year42/48€28k€33k▲
Trade debts44€17k€9k▼
Suppliers440/4€17k€9k▼
Taxes, remuneration and social security45€11k€22k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€7k€13k▲
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€211€72▼
Income statement
Code20212022
Remuneration, social security and pensions62€17k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33€100▲
Other operating charges640/8€282€325▲
Non-recurring operating charges66A-€643
Gross operating margin9900€-8k€22k▲
Operating profit (loss)9901€-26k€-5k▲
Financial income75/76B€45€32▼
Recurring financial income75€45€32▼
Financial charges65/66B€335€1k▲
Recurring financial charges65€335€1k▲
Profit (loss) for the period before taxes9903€-26k€-6k▲
Profit (loss) for the period9904€-26k€-6k▲
Profit (loss) for the period to be appropriated9905€-26k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-32k▼
Profit (loss) brought forward from the previous period14P-€-26k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
02-05
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · GG CONCEPT SRL RUE DE BEAU- MONT 134, 6030 MARCHIENNE-AU-PONT · event 04-03-2024
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalNBB filing
Directors · office · real estate
Directors
2 acts for this company are 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, Charleroi · 1 establishment unit since 2021
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 de Beaumont 1346030 CharleroiGround area
549 m²
Building footprint
138 m²
Volume, LiDAR
2,082 m³
Parcel 52044B0356/00A006, Wallonia · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GG Concept
since 20212.316.642.585
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52044B0356/00A006 | Wallonia | 549 m² | 1 · 138 m² | 16.6 m · 5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIERRE GILLAIN RUE TUMELAIRE, 23 - BTE 011,
6000 CHARLEROI- .
Date provisoire de cessation de paiement : 04/03/2024 |
04-03-2024 → present |
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Ronse
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 59 companies in sector 15200 we hold annual accounts for 28.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2021
Fiscal year end31-12
Activities, NACEBEL
15200Manufacture of leather and related products
14199Manufacture of wearing apparel
14299Manufacture of wearing apparel
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:gg-concept@outlook.com