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GLOBAL CONCIERGE SERVICES

Active
Private limited companyfounded 20187 yrs activeBergkouter 21, 9950 Lievegem, BelgiumKBO/BCE: BE 0713.774.597
Summary

The computed 12-month bankruptcy probability of GLOBAL CONCIERGE SERVICES is 2.9% (moderate). The annual accounts of GLOBAL CONCIERGE SERVICES for fiscal year 2025 show a net loss of 64% of total assets. The 2025 annual accounts show equity of €199,151 and a net result of -€260,727. Equity is growing by ~58.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 1918 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Non-scheduled passenger transport by road
NACE 49320Land transport and transport via pipelines NACE 49390
1 site
How big
€408,869total assets 2025
Equity
€199,151
Loss
-€260,727
Turnover not published (abridged schema)
Financially healthy?
48 Fair Checked score 2025
Bankruptcy chance 12 m
2.9%
Who decides
Parent
ASL GROUP · 62.5%
Accounts 21 d early0 of 3 deeds read
Why 48- Higher-failure-rate sector- Limited track record- Annual accounts: weaker financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-94
Solvency74▼-26
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.01; short-term debt: 49.2% and cash: 35.2% of total assets), but 51.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
48.7%
Return on assets
-63.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
21 d early
2024
20 d early
2023
19 d early
2022
11 d early
2021
5 d late
2020
21 d late
2019
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€260,727
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Financials

Fiscal year 2025Total assets €408,869Loss -€260,727Solvency 48.7%Liquidity 2.01
Total assets
€408,869▼ 30.5%
2019 - 2025
Net result
-€260,727
2019 - 2025
Equity
€199,151▼ 65.7%
2019 - 2025
Solvency
48.7%▼ 49.8pp
2019 - 2025

Financials · fiscal year 2025, abbreviated schema

Trend over the years7 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€91,821▲ 180%€255,278▲ 178%€151,261▼ 40.7%€174,140▲ 15.1%-€256,672
Net result€65,130above the sector's middle half▲ 163%€189,977above the sector's middle half▲ 192%€122,868within the sector's middle half▼ 35.3%€120,737within the sector's middle half▼ 1.7%-€260,727below the sector's middle half
Equity€146,296above the sector's middle half▲ 80.2%€336,273within the sector's middle half▲ 130%€459,141within the sector's middle half▲ 36.5%€579,877within the sector's middle half▲ 26.3%€199,151within the sector's middle half▼ 65.7%
Total assets€231,310within the sector's middle half▲ 82.6%€777,026within the sector's middle half▲ 236%€520,360below the sector's middle half▼ 33.0%€588,621below the sector's middle half▲ 13.1%€408,869within the sector's middle half▼ 30.5%
Debt€85,015▲ 86.9%€440,753▲ 418%€61,219▼ 86.1%€8,744▼ 85.7%€209,718▲ 2,299%
Working capital€132,006above the sector's middle half▲ 125%€531,359above the sector's middle half▲ 303%€465,827within the sector's middle half▼ 12.3%€579,417above the sector's middle half▲ 24.4%€204,000within the sector's middle half▼ 64.8%
Solvency63.2%within the sector's middle half▼ 0.8pp43.3%within the sector's middle half▼ 20.0pp88.2%above the sector's middle half▲ 45.0pp98.5%above the sector's middle half▲ 10.3pp48.7%within the sector's middle half▼ 49.8pp
Current ratio2.55within the sector's middle half▲ 0.263.32above the sector's middle half▲ 0.7711.99above the sector's middle half▲ 8.672.01within the sector's middle half
Return on assets (ROA)28.2%above the sector's middle half▲ 8.6pp24.4%above the sector's middle half▼ 3.7pp23.6%above the sector's middle half▼ 0.8pp20.5%above the sector's middle half▼ 3.1pp-63.8%below the sector's middle half▼ 84.3pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result +192% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0€200,000Operating result 2021: €91,821€91,821Net result 2021: €65,130€65,130Operating result 2022: €255,278€255,278Net result 2022: €189,977€189,977Operating result 2023: €151,261€151,261Net result 2023: €122,868€122,868Operating result 2024: €174,140€174,140Net result 2024: €120,737€120,737Operating result 2025: -€256,672-€256,672Net result 2025: -€260,727-€260,72720212022202320242025-€400,000-€200,000€0€200,000Operating result 2023: €151,261€151,000Net result 2023: €122,868€123,000Operating result 2024: €174,140€174,000Net result 2024: €120,737€121,000Operating result 2025: -€256,672-€257,000Net result 2025: -€260,727-€261,000202320242025
The operating result turns negative in 2025: a loss of €256,672 after €174,140 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408,869
Fixed assets €3,840 ▼ 51.5%
Current assets €405,029 ▼ 30.3%
Equity and liabilities €408,869
Equity €199,151 ▼ 65.7%
Debt €209,718 ▲ 2,299%
Debt's share of the balance-sheet total rises from 1.5% to 51.3%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€252,597▼
2024 · €178,389
Cash flow
-€256,652▼
2024 · €124,985
Debt to equity
1.05▲
2024 · 0.02
ROE
-130.9%▼
2024 · 20.8%
Interest coverage
-22.83▼
2024 · 12.22
Debt ≤ 1 year
€201,028▲
2024 · €1,289
Income taxes
€0▼
2024 · €41,289
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
9.5% stopped otherwise
87% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,592 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€588,621€408,869▼
Fixed assets21/28€7,915€3,840▼
Intangible fixed assets21€7,915€3,840▼
Current assets29/58€580,706€405,029▼
Amounts receivable within one year40/41€354,582€237,901▼
Trade receivables40€318,012€186,474▼
Other amounts receivable41€36,570€51,427▲
Cash at bank and in hand54/58€225,707€144,001▼
Deferred charges and accrued income490/1€417€23,127▲
Equity and liabilities
Total equity and liabilities10/49€588,621€408,869▼
Equity10/15€579,877€199,151▼
Contributions10/11€18,600€18,600=
Reserves13€126,860€6,860▼
Distributable reserves133€126,860€6,860▼
Profit (loss) carried forward14€434,417€173,691▼
Amounts payable17/49€8,744€209,718▲
Amounts payable within one year42/48€1,289€201,028▲
Financial debts43€0€13,445▲
Credit institutions430/8€0€13,445▲
Trade debts44€0€187,583▲
Suppliers440/4€0€187,583▲
Taxes, remuneration and social security45€1,289€0▼
Taxes450/3€1,289€0▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€7,455€8,690▲
Income statement Code20242025
Non-recurring operating income76A€500€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,249€4,075▼
Other operating charges640/8€54,361€34,905▼
Non-recurring operating charges66A-€35,415
Gross operating margin9900€232,749-€182,277▼
Operating profit (loss)9901€174,140-€256,672▼
Financial income75/76B€2,490€7,011▲
Recurring financial income75€2,490€7,011▲
Financial charges65/66B€14,604€11,066▼
Recurring financial charges65€14,604€11,066▼
Profit (loss) for the period before taxes9903€162,026-€260,727▼
Income taxes67/77€41,289€0▼
Profit (loss) for the period9904€120,737-€260,727▼
Profit (loss) for the period to be appropriated9905€120,737-€260,727▼
Appropriation of the result
Profit (loss) to be appropriated9906€434,417€173,691▼
Profit (loss) brought forward from the previous period14P€313,681€434,417▲
Transfer from equity791/2-€120,000
Profit to be distributed694/7-€120,000
Return on contributions (dividend)694-€120,000
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€500€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,129€7,207€4,519€4,249€4,075▼ 4.1%
Other operating charges640/8€1,151€26,658€16,533€54,361€34,905▼ 35.8%
Non-recurring operating charges66A----€35,415-
Gross operating margin9900€101,101€289,144€172,313€232,749-€182,277▼ 178%
Operating profit (loss)9901€91,821€255,278€151,261€174,140-€256,672▼ 247%
Financial income75/76B€379€8,156€27,390€2,490€7,011▲ 182%
Recurring financial income75€379€8,156€27,390€2,490€7,011▲ 182%
Financial charges65/66B€4,006€7,790€13,994€14,604€11,066▼ 24.2%
Recurring financial charges65€4,006€7,790€13,994€14,604€11,066▼ 24.2%
Profit (loss) for the period before taxes9903€88,194€255,644€164,657€162,026-€260,727▼ 261%
Income taxes67/77€23,064€65,667€41,789€41,289€0▼ 100%
Profit (loss) for the period9904€65,130€189,977€122,868€120,737-€260,727▼ 316%
Profit (loss) for the period to be appropriated9905€65,130€189,977€122,868€120,737-€260,727▼ 316%
Line20212022202320242025Change
Assets
Total assets20/58€231,310€777,026€520,360€588,621€408,869▼ 30.5%
Fixed assets21/28€14,289€16,682€12,164€7,915€3,840▼ 51.5%
Intangible fixed assets21€14,289€16,682€12,164€7,915€3,840▼ 51.5%
Current assets29/58€217,021€760,343€508,196€580,706€405,029▼ 30.3%
Amounts receivable within one year40/41€128,363€482,061€321,436€354,582€237,901▼ 32.9%
Trade receivables40€69,751€382,961€212,434€318,012€186,474▼ 41.4%
Other amounts receivable41€58,612€99,100€109,001€36,570€51,427▲ 40.6%
Cash at bank and in hand54/58€88,658€186,199€181,825€225,707€144,001▼ 36.2%
Deferred charges and accrued income490/1-€92,084€4,936€417€23,127▲ 5,450%
Equity and liabilities
Total equity and liabilities10/49€231,310€777,026€520,360€588,621€408,869▼ 30.5%
Equity10/15€146,296€336,273€459,141€579,877€199,151▼ 65.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€126,860€126,860€126,860€126,860€6,860▼ 94.6%
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Distributable reserves133€125,000€125,000€126,860€126,860€6,860▼ 94.6%
Profit (loss) carried forward14€836€190,813€313,681€434,417€173,691▼ 60.0%
Amounts payable17/49€85,015€440,753€61,219€8,744€209,718▲ 2,299%
Amounts payable within one year42/48€85,015€228,984€42,369€1,289€201,028▲ 15,495%
Financial debts43--€38,274€0€13,445-
Credit institutions430/8--€38,274€0€13,445-
Trade debts44€61,907€227,773€1,806€0€187,583-
Suppliers440/4€61,907€227,773€1,806€0€187,583-
Taxes, remuneration and social security45€23,107€710€1,789€1,289€0▼ 100%
Taxes450/3€23,107€710€1,789€1,289€0▼ 100%
Other amounts payable47/48-€500€500€0--
Accrued charges and deferred income492/3-€211,769€18,850€7,455€8,690▲ 16.6%
Line20212022202320242025Change
Profit (loss) for the period9904€65,130€189,977€122,868€120,737-€260,727▼ 316%
+ Depreciation and write-downs630€8,129€7,207€4,519€4,249€4,075▼ 4.1%
Operating cash flow (approximation)€73,259€197,184€127,386€124,985-€256,652▼ 305%
Investment in fixed assets (approximation)--€9,600€0€0€0-
Change in cash-€97,541-€4,374€43,882-€81,706▼ 286%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Board & ownership

Parent ASL GROUP · 62.5%

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Structure & network

Part of the group ASL GROUP 11 companies Group, risk and exposure

Owners and holdings

4 owners

Chain of control

  1. ASL GROUP 62.5%
  2. GLOBAL CONCIERGE SERVICES

Highest known parent: ASL GROUP. The sources do not say who stands above it.

Owners 4

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

Timeline

14 eventsLatest 10-07-2026Next filing 31-07-2027

History

On 21 November 2018, GLOBAL CONCIERGE SERVICES was incorporated.1 Total assets went from €100,229 in 2019 to €408,869 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€260,727
Net result drops to -€260,727, the lowest in the series.
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity times 38current ratio 450.49
Current ratio from 11.99 to 450.49; short-term debt falls from €42,369 to €1,289.
31-12
Financial Equity above €500,000Eq €579,877 ▲26.3%
6 profitable years in a row build equity to €579,877.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity quadruplescurrent ratio 11.99
Current ratio from 3.32 to 11.99; short-term debt falls from €228,984 to €42,369.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2019net €189,977 ▲192%
Operating result €255,278, net result €189,977, both a record.
31-12
Financial Equity above €200,000Eq €336,273 ▲130%
4 profitable years in a row build equity to €336,273.
05-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial Equity above €100,000Eq €146,296 ▲80.2%
3 profitable years in a row build equity to €146,296.
21-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 21 days late
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 21-11-2018Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded21-11-2018
Fiscal year end31-12
Abbreviation NL GCS
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0713774597
Also 9925:BE0713774597
Registered 13-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
594 m²
Building footprint
126 m²
Volume, LiDAR
750 m³
Parcel 44072E1034/00R000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
GLOBAL CONCIERGE SERVICES
Bergkouter 21, 9950 LievegemAgents in non-specialised wholesale trade
since 2018unit no. 2.285.582.294
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44072E1034/00R000 Flanders 594 m² 1 · 126 m² 8.3 m · 2 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.

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