GKR
ActiveSummary
GKR has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €42k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 5894 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+28
Solvency44▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.08 in 2023; short-term debt: 20.6% and cash: 8.8% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
30 d late
2022
71 d late
2021
12 d late
2020
13 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€115k▼ 8.2%
2023 · €125k
2018: €-22k
2019: €-22k
2020: €47k
2021: €73k
2022: €120k
2023: €125k
2018 → 2024
Total assets
€606k▲ 14.8%
2023 · €528k
2018: €595k
2019: €595k
2020: €558k
2021: €545k
2022: €557k
2023: €528k
2018 → 2024
Net result
€42k▲ 746%
2023 · €5k
2018: €-82k
2019: €-82k
2020: €41k
2021: €26k
2022: €47k
2023: €5k
2018 → 2024
Working capital
€35k▲ 405%
2023 · €7k
2018: €-127k
2019: €-127k
2020: €-43k
2021: €-44k
2022: €3k
2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€73k▲ 54.7%€120k▲ 65.2%€125k▲ 4.1%€115k▼ 8.2%
Operating result€56k-€45k▼ 19.5%€74k▲ 64.1%€27k▼ 63.7%€65k▲ 141%
Net result€41k-€26k▼ 37.1%€47k▲ 84.5%€5k▼ 89.5%€42k▲ 746%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 141% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €606k
Fixed assets
€445k ▲ 2.2%
Current assets
€160k ▲ 74.2%
Equity and liabilities €606k
Equity
€115k ▼ 8.2%
Debt
€491k ▲ 21.9%
Debt's share of the balance-sheet total rises from 76.3% to 81.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98k▲
2023 · €66k
Cash flow
€75k▲
2023 · €44k
Current ratio
1.28▲
2023 · 1.08
Debt to equity
4.28▲
2023 · 3.22
ROE
36.5%▲
2023 · 4.0%
ROA
6.9%▲
2023 · 0.9%
Interest coverage
9.83▲
2023 · 3.47
Debt ≤ 1 year
€125k▲
2023 · €85k
Debt > 1 year
€366k▲
2023 · €317k
Income taxes
€17k▲
2023 · €6k
Staff costs
€1k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€528k€606k▲
Fixed assets21/28€436k€445k▲
Tangible fixed assets22/27€434k€443k▲
Land and buildings22€424k€413k▼
Plant, machinery and equipment23€6k€27k▲
Furniture and vehicles24€4k€4k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€92k€160k▲
Amounts receivable within one year40/41€85k€102k▲
Trade receivables40€25k€22k▼
Other amounts receivable41€60k€81k▲
Cash at bank and in hand54/58€0€53k▲
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€528k€606k▲
Equity10/15€125k€115k▼
Contributions10/11€19k€19k=
Reserves13€106k€96k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€105k€94k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€403k€491k▲
Amounts payable after more than one year17€317k€366k▲
Financial debts170/4€317k€366k▲
Amounts payable within one year42/48€85k€125k▲
Current portion of amounts payable after more than one year42€34k€46k▲
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€7k€6k▼
Suppliers440/4€7k€6k▼
Taxes, remuneration and social security45€39k€19k▼
Taxes450/3€30k€15k▼
Remuneration and social security454/9€8k€3k▼
Other amounts payable47/48-€49k
Accrued charges and deferred income492/3€775€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€29k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€33k▼
Other operating charges640/8€8k€5k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€104k€104k▼
Operating profit (loss)9901€27k€65k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€19k€10k▼
Recurring financial charges65€19k€10k▼
Profit (loss) for the period before taxes9903€11k€59k▲
Income taxes67/77€6k€17k▲
Profit (loss) for the period9904€5k€42k▲
Profit (loss) for the period to be appropriated9905€5k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€42k▲
Transfer from equity791/2-€52k
Transfer to equity691/2€5k€42k▲
To other reserves6921€5k€42k▲
Profit to be distributed694/7-€52k
Return on contributions (dividend)694-€52k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2018net €47k ▲84.5%
Operating result €74k, net result €47k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.03
Current ratio from 0.45 to 1.03.
31-12
Financial
Equity above €100kEq €120k ▲65.2%
3 profitable years in a row build equity to €120k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €41k
Net result €41k after 2 loss-making years.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Dendermonde · 1 establishment unit since 2011
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.
Steenkaaistraat (BAA) 169200 DendermondeGround area
1,662 m²
Building footprint
447 m²
Volume, LiDAR
2,559 m³
Parcel 42002C0446/00L000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GKR BVBA
since 20112.206.116.926
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002C0446/00L000 | Flanders | 1,662 m² | 1 · 447 m² | 7.7 m · 2 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.
Similar companies · same sector, comparable size
SILO SERVICE
BE 0447.179.601
Kluisbergen · Eq €114,225
Les Taupiers d'Antan
BE 0449.222.737
Estaimpuis · Eq €113,382
Pest Control Pro
BE 1001.414.439
Manage · Eq €113,065
GOMOCO Solutions
BE 0466.432.418
Tessenderlo-Ham · Eq €112,864
JL CLEAN SERVICES
BE 0657.986.335
Ukkel · Eq €116,871
Of 1,706 companies in sector 81230 we hold annual accounts for 473. 363 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
81230Other cleaning activities
70200Business and other management consultancy
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.