GM RETAIL
ActiveSummary
The computed 12-month bankruptcy probability of GM RETAIL is 2.1% (moderate). The 2025 annual accounts show equity of €114k and a net result of €109k. Equity is growing by ~158.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 4486 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+6
Solvency60▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.45 in 2024; short-term debt: 65.3% and cash: 3.8% of total assets), but 65.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.7%
Return on assets
33.1%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
32 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€114k▲ 167%
2024 · €43k
2022: €7k
2023: €15k
2024: €43k
2022 → 2025
Total assets
€329k▲ 137%
2024 · €139k
2022: €146k
2023: €171k
2024: €139k
2022 → 2025
Net result
€109k▲ 285%
2024 · €28k
2022: €-33k
2023: €7k
2024: €28k
2022 → 2025
Working capital
€111k▲ 161%
2024 · €42k
2022: €-4k
2023: €6k
2024: €42k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€15k▲ 102%€43k▲ 195%€114k▲ 167%
Operating result€-33k-€8k€31k▲ 293%€142k▲ 354%
Net result€-33k-€7k€28k▲ 288%€109k▲ 285%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 354% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€3k ▲ 50.6%
Current assets
€326k ▲ 139%
Equity and liabilities €329k
Equity
€114k ▲ 167%
Debt
€215k ▲ 124%
Debt's share of the balance-sheet total falls from 69.1% to 65.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€144k▲
2024 · €36k
Cash flow
€111k▲
2024 · €33k
Current ratio
1.51▲
2024 · 1.45
Debt to equity
1.89▼
2024 · 2.24
ROE
95.6%▲
2024 · 66.1%
ROA
33.1%▲
2024 · 20.4%
Interest coverage
392.77▲
2024 · 12.01
Debt ≤ 1 year
€215k▲
2024 · €94k
Income taxes
€33k
Staff costs
€510k▲
2024 · €509k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€139k€329k▲
Fixed assets21/28€2k€3k▲
Intangible fixed assets21€125-
Tangible fixed assets22/27€2k€3k▲
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€363€363=
Current assets29/58€137k€326k▲
Amounts receivable within one year40/41€111k€313k▲
Trade receivables40€105k€292k▲
Other amounts receivable41€6k€20k▲
Cash at bank and in hand54/58€22k€12k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€139k€329k▲
Equity10/15€43k€114k▲
Contributions10/11€40k€5k▼
Reserves13-€109k
Distributable reserves133-€109k
Profit (loss) carried forward14€3k-
Amounts payable17/49€96k€215k▲
Amounts payable within one year42/48€94k€215k▲
Trade debts44€39k€182k▲
Suppliers440/4€39k€182k▲
Taxes, remuneration and social security45€55k€33k▼
Taxes450/3€635-
Remuneration and social security454/9€54k€33k▼
Other amounts payable47/48€774€960▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€509k€510k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€8k€13k▲
Gross operating margin9900€553k€668k▲
Operating profit (loss)9901€31k€142k▲
Financial income75/76B€16-
Recurring financial income75€16-
Financial charges65/66B€3k€367▼
Recurring financial charges65€3k€367▼
Profit (loss) for the period before taxes9903€28k€142k▲
Income taxes67/77-€33k
Profit (loss) for the period9904€28k€109k▲
Profit (loss) for the period to be appropriated9905€28k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€112k▲
Profit (loss) brought forward from the previous period14P€-25k€3k▲
Transfer to equity691/2-€109k
To other reserves6921-€109k
Profit to be distributed694/7-€3k
Return on contributions (dividend)694-€3k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €109k ▲285%
Operating result €142k, net result €109k, both a record.
31-12
Financial
Equity above €100kEq €114k ▲167%
3 profitable years in a row build equity to €114k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Blégny · 1 establishment unit since 2021
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.
Rue de Heuseux 7B4671 BlégnyGround area
1,911 m²
Building footprint
205 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
It's Cleaning Team
since 20212.324.227.985
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62010A0281/00P002 | Wallonia | 1,209 m² | 1 · 205 m² | - |
| 62010A0273/00A000 | Wallonia | 701 m² | - | - |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
VIA CLEAN
BE 0750.990.529
Herstal · Eq €114,137
BUBBLES CLEAN
BE 0457.488.127
Oudenaarde · Eq €114,207
EXPERT BUILDING GROUP
BE 0697.668.045
Grimbergen · Eq €114,037
AD FACILITY
BE 0784.949.536
Andenne · Eq €113,948
N.GEO CLEANING & SERVICE
BE 0750.713.484
Overijse · Eq €114,481
Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,119 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
Founded24-08-2021
Fiscal year end31-12
Legal name FR
It's Cleaning Team
Abbreviation FR
I.C.T
Activities, NACEBEL 2025
47554Retail trade
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.