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GManagement

Active
Private limited companyfounded 199927 yrs activeRue Jehoster 210, 4910 Theux, BelgiumKBO/BCE: BE 0466.475.968

GManagement has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €7k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 16% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
54 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+4
Solvency38▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.05 in 2024; short-term debt: 87.2% and cash: 16.3% of total assets), and 87.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
12.8%
Return on assets
4.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27619 sector peers (2025).
NBB · sector comparison
Position among 27619 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 filings
Deviation from the deadline
2025
48 d late
2024
55 d late
2023
28 d late
2022
21 d late
2021
23 d late
2020
31 d early
2019
80 d late
← before the deadline after the deadline →
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 months
Position in the running window
19-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€19k▲ 56.8%
2024 · €12k
2018: €-27k 2019: €-25k 2020: €-24k 2021: €-29k 2022: €-12k 2023: €9k 2024: €12k
2018 → 2025
Total assets
€151k▼ 29.9%
2024 · €216k
2018: €2k 2019: €110 2020: €1k 2021: €41k 2022: €108k 2023: €114k 2024: €216k
2018 → 2025
Net result
€7k▲ 129%
2024 · €3k
2018: €-7k 2019: €2k 2020: €802 2021: €-6k 2022: €17k 2023: €22k 2024: €3k
2018 → 2025
Working capital
€14k▲ 27.9%
2024 · €11k
2018: €-27k 2019: €-25k 2020: €-24k 2021: €-33k 2022: €-15k 2023: €8k 2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-29k-€-12k▲ 58.1%€9k€12k▲ 33.0%€19k▲ 56.8%
Operating result€-6k-€17k€30k▲ 71.0%€7k▼ 77.1%€13k▲ 89.4%
Net result€-6k-€17k€22k▲ 26.7%€3k▼ 85.8%€7k▲ 129%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €-6k€-6kNet result 2021: €-6k€-6kOperating result 2022: €17k€17kNet result 2022: €17k€17kOperating result 2023: €30k€30kNet result 2023: €22k€22kOperating result 2024: €7k€7kNet result 2024: €3k€3kOperating result 2025: €13k€13kNet result 2025: €7k€7k20212022202320242025
The operating result recovers in 2025; 2025 is 89% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets €5k▲ 313%
Current assets €146k▼ 31.9%
Equity and liabilities €151k
Equity €19k▲ 56.8%
Debt €132k▼ 35.2%
The debt ratio falls from 94.3% to 87.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14k
2024 · €8k
Cash flow
€9k
2024 · €4k
Solvency
12.8%
2024 · 5.7%
Current ratio
1.11
2024 · 1.05
Quick ratio
1.11
2024 · 1.05
Debt / equity
6.79
2024 · 16.43
ROE
36.2%
2024 · 24.8%
ROA
4.7%
2024 · 1.4%
Interest coverage
14.50
2024 · 10.24
Debt
€132k
2024 · €204k
Debt ≤ 1 year
€132k
2024 · €204k
Income taxes
€5k
2024 · €3k
Staff costs
€0
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€216k€151k
Fixed assets21/28€1k€5k
Tangible fixed assets22/27€1k€5k
Plant, machinery and equipment23€325€655
Furniture and vehicles24€919€4k
Current assets29/58€215k€146k
Amounts receivable within one year40/41€129k€122k
Trade receivables40€109k€99k
Other amounts receivable41€20k€22k
Cash at bank and in hand54/58€84k€25k
Deferred charges and accrued income490/1€2k€24
Equity and liabilities
Total equity and liabilities10/49€216k€151k
Equity10/15€12k€19k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-6k€732
Amounts payable17/49€204k€132k
Amounts payable within one year42/48€204k€132k
Current portion of amounts payable after more than one year42€1k€0
Trade debts44€16k€65k
Suppliers440/4€16k€65k
Advances received on contracts in progress46€175k€65k
Taxes, remuneration and social security45€11k€1k
Taxes450/3€11k€1k
Other amounts payable47/48€425€1k
Accrued charges and deferred income492/3€29€0
Income statement Code20242025
Remuneration, social security and pensions62€1k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€2k
Gross operating margin9900€12k€16k
Operating profit (loss)9901€7k€13k
Financial income75/76B€10€19
Recurring financial income75€10€19
Financial charges65/66B€798€995
Recurring financial charges65€798€995
Profit (loss) for the period before taxes9903€6k€12k
Income taxes67/77€3k€5k
Profit (loss) for the period9904€3k€7k
Profit (loss) for the period to be appropriated9905€3k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€732
Profit (loss) brought forward from the previous period14P€-9k€-6k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Highest result since 2018net €22k ▲26.7%
Operating result €30k, net result €22k, both a record.
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
19-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
2019
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
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, Theux · 1 establishment unit since 1999
establishment The establishment unit on the map
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 Jehoster 2104910 Theux
Ground area
1,227 m²
Building footprint
128 m²
Volume, LiDAR
752 m³
Parcel 63044C1603/00R000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GManagement
Rue Jehoster 210, 4910 TheuxNACE 4522004
since 19992.092.528.936
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63044C1603/00R000 Wallonia 1,227 m² 1 · 128 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

Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 6,054 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-07-1999
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.