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Generated 19-07-2026
Active BE 0803.949.163Private limited company

GGX

Rue des Mésanges(MLZ) 13 ·7140 Morlanwelz, Belgium· 3 yrs active
Sector: Food & beverage service (56111)
Conclusion Checked

The computed 12-month bankruptcy probability of GGX is 10.3% (high). The 2024 annual accounts show negative equity (€-45k) and a net result of €-97k. Its solvency ranks better than 11% of 5583 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-45k
Net result €-97k
Staff (FTE) 4.7
Better than sector 11%
Snowflake analysis 5 axes · computed by Checked
Health10Profitability100Solvency33Growth50Stability79
54 / 100

Mixed profile: strong on profitability, weaker on health.

Health 10
Profitability 100
Solvency 33
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
10.3% High
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
10 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -78.4% 19.3%
better than 11% of 5583 sector peers
Net result €-97k €4k
better than 5% of 5573 sector peers
Equity €-45k €14k
better than 10% of 5594 sector peers
Gross operating margin €151k €52k
better than 79% of 5559 sector peers
Staff costs €230k €49k
higher than 91% of 4047 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€-82k
Net profit€-97k
Cash flow€-85k
Staff costs€230k
Income taxes-
Dividends-
Total assets€57k
Equity€-45k
Debt€101k
of which ≤ 1y€94k
of which > 1y-
Working capital€-76k
Employees (FTE)4.7
Ratios (computed)
2024
Current ratio0.20
Quick ratio0.11
Working capital ratio-133.4%
Solvency-78.4%
Debt / equity-2.28
Long-term debt ratio-
Interest coverage-26.00
Gross margin-
Net margin-
ROA-170.8%
ROE218.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€57k
Fixed assets 21/28€38k
Intangible fixed assets 21€890
Tangible fixed assets 22/27€30k
Financial fixed assets 28€7k
Current assets 29/58€19k
Stocks & contracts in progress 3€9k
Amounts receivable within one year 40/41€4k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€57k
Equity 10/15€-45k
Contributions / capital 10/11€53k
Accumulated profits (losses) 14€-97k
Amounts payable 17/49€101k
Amounts payable within one year 42/48€94k
Trade debts payable within one year 44€51k
Income statement
Gross operating margin 9900€151k
Operating result 9901€-94k
Financial charges 65€3k
Result before taxes 9903€-97k
Net result for the period 9904€-97k
Result to be appropriated 9905€-97k
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • Granados Ugo
    Director
    State Gazette act 25133264 (21-10-2025)
    Former
    - → 31-08-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Food & beverage service(56111)
Legal form Private limited company(610)
Incorporation13-07-2023
StatusActive
Postal code7140
Establishment units 1 location
GGX
Place Jules Mansart(L.L) 23, 7100 La LouvièreEetgelegenheden met volledige bediening
since 20232.347.504.720
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55372C0059/00V097 Wallonia 737 m² 1 · 98 m² 19.1 m · 6 fl.
56057A0122/00Y028 Wallonia 601 m² 1 · 145 m² -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
21-10-2025
State Gazette act Capital & shares
v3.2
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2023
17-07-2023
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
Capital history · 1
21-10-2025
v3.2
All acts · 2 updated 9 months ago
2025
21-10-2025 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0803.949.163",
    "name_full": "GGX",
    "legal_form": "SRL"
  }
}
2023
17-07-2023 Incorporation of a new SRL Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "Place Jules Mansart 23, 7100 La Louvi\u00E8re",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "DE BROYER Xavier",
        "niss": null,
        "address": "7090 Braine-le-Comte, Avenue Alix de Namur, 24, B4"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 17325,
      "holder_person_name": "DE BROYER Xavier",
      "is_subscriber_only": false,
      "n_shares_subscribed": 33,
      "amount_subscribed_eur": 17325,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "GRANADOS Ugo",
        "niss": null,
        "address": "7000 Mons, Chemin de la Procession 147"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 17850,
      "holder_person_name": "GRANADOS Ugo",
      "is_subscriber_only": false,
      "n_shares_subscribed": 34,
      "amount_subscribed_eur": 17850,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "GUELMANI Wanis",
        "niss": null,
        "address": "7140 Morlanwelz, Rue des M\u00E9sanges, 13"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 17325,
      "holder_person_name": "GUELMANI Wanis",
      "is_subscriber_only": false,
      "n_shares_subscribed": 33,
      "amount_subscribed_eur": 17325,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 52500,
  "subject_company": {
    "kbo": "0803.949.163",
    "name_full": "GGX",
    "legal_form": "SRL"
  },
  "initial_directors": [],
  "incorporation_date": "2023-07-13",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Cafés en bars56301Cafés en bars56301
Primary activity highlighted.
Names & trade names
Legal nameFR GGX
Registered office
Rue des Mésanges(MLZ) 13
7140 Morlanwelz, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative