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GGG Concept

Active
Private limited companyfounded 2022active for 4 yearsZonnestraat 47, 8930 Menen, BelgiumKBO/BCE: BE 0792.173.165

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of GGG Concept is 2.8% (moderate). The 2025 annual accounts show negative equity (-€56,859) and a net result of €20,091. Equity has been shrinking by about 51% per year since 2023. Its solvency ranks better than 8% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 07-10-2022 Normal situation
Legal form
Private limited company
Registered office
Zonnestraat 47, 8930 Menen
Activity
Retail sale of fruit and vegetables NACE 47210and 5 others
Establishment unit
2.337.497.288 7760 Celles (lez-Tournai), since 07-10-2022
Financial year end
30 June
Peppol
Reachable since 04-12-2025

Board and ownership

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.8%
Annual accounts to 30-06-2025
Gross margin
€30,410
Turnover
≈ €290,000
estimated
Profit
€20,091
Equity
-€56,859
▲ 26.1%
Total assets
€43,384
▲ 20.7%
2025 accounts filed 3 days before the deadline
Filed on 28-01-2026PDF
Score breakdownraises riskFounded in 20221 of the last 3 accounts lateNegative equity -€56,859Sector: Retail trade (NACE 47)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -131.1% of total assets
Liquidity 12+11
short-term debt 217.3% · cash 9.6%
Profitability 100+100
return on assets 46.3%
Bankruptcy probability within 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 4.7% 12-2024: 2.5%▼ -2.2 percentage points vs 11-2024lowest value 01-2025: 2.6%▲ +0.1 percentage points vs 12-2024 02-2025: 3.2%▲ +0.6 percentage points vs 01-2025 03-2025: 3.4%▲ +0.2 percentage points vs 02-2025 04-2025: 4.4%▲ +1.0 percentage point vs 03-2025 05-2025: 5.4%▲ +1.0 percentage point vs 04-2025highest value 06-2025: 5.3%▼ -0.1 percentage points vs 05-2025 07-2025: 5.3%● unchanged vs 06-2025 08-2025: 5.3%● unchanged vs 07-2025 09-2025: 5.2%▼ -0.1 percentage points vs 08-2025 10-2025: 5.2%● unchanged vs 09-2025 11-2025: 5.2%● unchanged vs 10-2025 12-2025: 5.2%● unchanged vs 11-2025 01-2026: 5.2%● unchanged vs 12-2025 02-2026: 3.3%▼ -1.9 percentage points vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 2.9%▼ -0.4 percentage points vs 05-2026 07-2026: 2.8%▼ -0.1 percentage points vs 06-2026 08-2026: 2.8%● unchanged vs 07-2026 09-2026: 2.8%● unchanged vs 08-2026 10-2026: 2.8%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.25 (0.11 in 2024), below 1. Short-term debt is 217.3% and cash 9.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 12% on liquidity, 96% on profitability and 77% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€56,859
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 22726 sector peers (2025).
NBB · sector comparison
Position among 22726 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
3 days early
2024
59 days late
2023
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 18 days after 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (3 of the last 3 filed years within 60 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€56,859 View
  • Positive: Back in profit in 2025after a loss of €78,309 in 2024 €20,091 View
  • Caution: Less equity than 92% of companies in retail tradesector median €41,216 · 22,767 companies -€56,859 View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GGG Concept

What is the company number of GGG Concept?
The company number of GGG Concept is 0792.173.165. The VAT number is the same number with BE in front: BE 0792.173.165.
Where is GGG Concept based?
The registered office is at Zonnestraat 47, 8930 Menen.Company details
What does GGG Concept do?
According to the KBO register, the main activity is retail sale of fruit and vegetables (NACE 47210).
What is the legal form of GGG Concept?
The legal form of GGG Concept is Private limited company (BV).
When was GGG Concept founded?
GGG Concept was founded on 07-10-2022.
Is GGG Concept still active?
Yes, GGG Concept is an active enterprise in the KBO register.
What is the turnover of GGG Concept?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €30,410 and 49 comparable companies (NACE 472). It probably lies between €170,000 and €490,000.Financials
Is GGG Concept profitable?
In financial year 2025, GGG Concept made a profit of €20,091.
Where can I find the annual accounts of GGG Concept?
GGG Concept filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of GGG Concept due?
GGG Concept must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Comparable companies

These companies have the same main activity as GGG Concept: retail sale of fruit and vegetables (NACE 47210). They are comparable in size and age: total assets between €42,400 and €55,200, founded between 2021 and 2024.

CompanyTotal assetsGross margin
GGG Concept Menen€43,384€30,410
Pur Jus Wanze€43,335€23,048
AZ FRUIT Antwerpen€50,853€37,357
LOVA CROC Braine-le-Comte€55,209€28,895
PRINCE MINNOYE Leuven€50,906€29,843
LAVAZZA Ternat€54,297€42,345
Le Panier des Copains Chaumont-Gistoux€42,444€27,689
Full comparison

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