GLOBAL ADVANTAGE
ActiveSummary
The computed 12-month bankruptcy probability of GLOBAL ADVANTAGE is 4.8% (elevated). The 2024 annual accounts show negative equity (€-62k) and a net result of €-5k. Equity is shrinking by ~6.7% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-62k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
61 d early
2022
4 d early
2021
2 d early
2020
58 d early
2019
35 d early
← 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
€-62k▼ 8.1%
2023 · €-57k
2018: €-41khighest in 7 years
2019: €-44k▼ -7.8% vs 2018
2020: €-47k▼ -7.8% vs 2019
2021: €-50k▼ -6.4% vs 2020
2022: €-54k▼ -7.2% vs 2021
2023: €-57k▼ -6.4% vs 2022
2024: €-62k▼ -8.1% vs 2023lowest in 7 years
2018 → 2024
Total assets
€4k▲ 26.3%
2023 · €3k
2018: €3k
2019: €3k● 0.0% vs 2018
2020: €1k▼ -52.5% vs 2019lowest in 7 years
2021: €2k▲ +46.5% vs 2020
2022: €3k▲ +21.6% vs 2021
2023: €3k▲ +29.0% vs 2022
2024: €4k▲ +26.3% vs 2023highest in 7 years
2018 → 2024
Net result
€-5k▼ 33.0%
2023 · €-3k
2018: €-4k
2019: €-4k● -0.0% vs 2018
2020: €-3k▲ +8.0% vs 2019
2021: €-3k▲ +12.2% vs 2020highest in 7 years
2022: €-4k▼ -19.6% vs 2021
2023: €-3k▲ +3.4% vs 2022
2024: €-5k▼ -33.0% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-62k▼ 8.0%
2023 · €-58k
2018: €-41khighest in 7 years
2019: €-42k▼ -3.3% vs 2018
2020: €-48k▼ -12.3% vs 2019
2021: €-51k▼ -6.3% vs 2020
2022: €-54k▼ -7.1% vs 2021
2023: €-58k▼ -6.4% vs 2022
2024: €-62k▼ -8.0% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-47k-€-50k▼ 6.4%€-54k▼ 7.2%€-57k▼ 6.4%€-62k▼ 8.1%
2020: €-47khighest in 5 years
2021: €-50k▼ -6.4% vs 2020
2022: €-54k▼ -7.2% vs 2021
2023: €-57k▼ -6.4% vs 2022
2024: €-62k▼ -8.1% vs 2023lowest in 5 years
Operating result€-3k-€-3k▲ 9.1%€-3k▼ 13.6%€-3k▲ 11.4%€-4k▼ 42.9%
2020: €-3k
2021: €-3k▲ +9.1% vs 2020highest in 5 years
2022: €-3k▼ -13.6% vs 2021
2023: €-3k▲ +11.4% vs 2022
2024: €-4k▼ -42.9% vs 2023lowest in 5 years
Net result€-3k-€-3k▲ 12.2%€-4k▼ 19.6%€-3k▲ 3.4%€-5k▼ 33.0%
2020: €-3k
2021: €-3k▲ +12.2% vs 2020highest in 5 years
2022: €-4k▼ -19.6% vs 2021
2023: €-3k▲ +3.4% vs 2022
2024: €-5k▼ -33.0% vs 2023lowest in 5 years
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 €4k in 2024 against €3k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4k
Fixed assets
€336 =
Current assets
€4k ▲ 29.3%
Key figures and ratios
Debt
€66k▲
2023 · €61k
Debt ≤ 1 year
€66k▲
2023 · €61k
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 to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3k€4k▲
Fixed assets21/28€336€336=
Financial fixed assets28€336€336=
Current assets29/58€3k€4k▲
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€0-
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€50€83▲
Equity and liabilities
Total equity and liabilities10/49€3k€4k▲
Equity10/15€-57k€-62k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-64k€-68k▼
Amounts payable17/49€61k€66k▲
Amounts payable within one year42/48€61k€66k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Other amounts payable47/48€59k€64k▲
Income statement
Code20232024
Other operating charges640/8€411€450▲
Gross operating margin9900€-3k€-4k▼
Operating profit (loss)9901€-3k€-4k▼
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€477€325▼
Recurring financial charges65€477€325▼
Profit (loss) for the period before taxes9903€-3k€-5k▼
Profit (loss) for the period9904€-3k€-5k▼
Profit (loss) for the period to be appropriated9905€-3k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-68k▼
Profit (loss) brought forward from the previous period14P€-60k€-64k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | €348 | €348 | €411 | €450 | ▲ 9.6% |
| Gross operating margin9900 | €-3k | €-3k | €-3k | €-3k | €-4k | ▼ 48.2% |
| Operating profit (loss)9901 | €-3k | €-3k | €-3k | €-3k | €-4k | ▼ 42.9% |
| Financial income75/76B | - | - | - | €8 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | - | - | €8 | €0 | ▼ 100% |
| Financial charges65/66B | - | €20 | €202 | €477 | €325 | ▼ 31.9% |
| Recurring financial charges65 | €140 | €20 | €202 | €477 | €325 | ▼ 31.9% |
| Profit (loss) for the period before taxes9903 | €-3k | €-3k | €-4k | €-3k | €-5k | ▼ 33.0% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €-3k | €-3k | €-4k | €-3k | €-5k | ▼ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-3k | €-4k | €-3k | €-5k | ▼ 33.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1k | €2k | €3k | €3k | €4k | ▲ 26.3% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €336 | €336 | €336 | €336 | €336 | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €336 | €336 | €336 | €336 | €336 | = |
| Current assets29/58 | €1k | €2k | €2k | €3k | €4k | ▲ 29.3% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €992 | €2k | €2k | €3k | €4k | ▲ 28.7% |
| Trade receivables40 | - | €176 | €6 | €0 | - | - |
| Other amounts receivable41 | - | €2k | €2k | €3k | €4k | ▲ 28.7% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €82 | €18 | €67 | €50 | €83 | ▲ 65.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1k | €2k | €3k | €3k | €4k | ▲ 26.3% |
| Equity10/15 | €-47k | €-50k | €-54k | €-57k | €-62k | ▼ 8.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-54k | €-57k | €-60k | €-64k | €-68k | ▼ 7.3% |
| Amounts payable17/49 | €49k | €52k | €56k | €61k | €66k | ▲ 9.0% |
| Amounts payable within one year42/48 | €49k | €52k | €56k | €61k | €66k | ▲ 9.0% |
| Trade debts44 | €625 | €145 | €790 | €1k | €2k | ▲ 58.7% |
| Suppliers440/4 | - | €145 | €790 | €1k | €2k | ▲ 58.7% |
| Other amounts payable47/48 | - | €52k | €56k | €59k | €64k | ▲ 8.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-3k | €-4k | €-3k | €-5k | ▼ 33.0% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | €-3k | €-3k | €-4k | €-3k | €-5k | ▼ 33.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-64 | €50 | €-17 | €33 | ▲ 289% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Jans-Molenbeek · 1 establishment unit since 2009
Ground area
2,144 m²
Building footprint
502 m²
Volume, LiDAR
13,497 m³
Parcel 21524C0067/00S000, Brussels · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
26
companies at this address
See who is registered here
1 establishment unit
Global Advantage
since 20092.175.999.614
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0067/00S000 | Brussels | 2,144 m² | 1 · 502 m² | 32.1 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-01-2009
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.