GMD BUILDING
ActiveThe computed 12-month bankruptcy probability of GMD BUILDING is 2.6% (moderate). The 2024 annual accounts show equity of €24k and a net result of €28k. Equity is growing by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 5898 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency21▲+2
Growth52=
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.09 in 2023), and 89% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
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 2024Solvency, return and age of the figures
Solvency
11%
Return on assets
12.7%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5898 sector peers (2024).
NBB · sector comparisonPosition among 5898 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-09-2025, 38 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
38 d late
2023
101 d late
2022
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€24k▲ 48.4%
2023 · €16k
2022: €11k
2023: €16k
2022 → 2024
Total assets
€218k▲ 13.7%
2023 · €192k
2022: €193k
2023: €192k
2022 → 2024
Net result
€28k▲ 12.9%
2023 · €25k
2022: €38k
2023: €25k
2022 → 2024
Working capital
€24k▲ 60.0%
2023 · €15k
2022: €20k
2023: €15k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€11k-€16k▲ 40.1%€24k▲ 48.4%
Operating result€39k-€25k▼ 35.9%€28k▲ 11.5%
Net result€38k-€25k▼ 36.1%€28k▲ 12.9%
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 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €218k
Equity
€24k▲ 48.4%
Debt
€194k▲ 10.5%
The debt ratio falls from 91.6% to 89.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€29k▲
2023 · €26k
Cash flow
€29k▲
2023 · €26k
Solvency
11.0%▲
2023 · 8.4%
Current ratio
1.12▲
2023 · 1.09
Quick ratio
1.12▲
2023 · 1.09
Debt / equity
8.12▼
2023 · 10.91
ROE
116.3%▼
2023 · 152.8%
ROA
12.7%▼
2023 · 12.8%
Interest coverage
1641.84▲
2023 · 230.07
Debt
€194k▲
2023 · €176k
Debt ≤ 1 year
€194k▲
2023 · €176k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€192k€218k▲
Fixed assets21/28€1k-
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Current assets29/58€191k€218k▲
Amounts receivable within one year40/41€186k€207k▲
Trade receivables40€184k€206k▲
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€192k€218k▲
Equity10/15€16k€24k▲
Contributions10/11€3k€3k=
Reserves13€300€300=
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Profit (loss) carried forward14€13k€21k▲
Amounts payable17/49€176k€194k▲
Amounts payable within one year42/48€176k€194k▲
Other amounts payable47/48€176k€194k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€620-
Gross operating margin9900€27k€29k▲
Operating profit (loss)9901€25k€28k▲
Financial income75/76B-€244
Recurring financial income75-€244
Financial charges65/66B€113€18▼
Recurring financial charges65€113€18▼
Profit (loss) for the period before taxes9903€25k€28k▲
Profit (loss) for the period9904€25k€28k▲
Profit (loss) for the period to be appropriated9905€25k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€41k▲
Profit (loss) brought forward from the previous period14P€8k€13k▲
Profit to be distributed694/7€20k€20k=
Directors or managers695€20k€20k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 38 days late
2024
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 101 days late
2023
31-12
Financial
Weakest financial yearnet €25k ▼36.1%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zaventem · 1 establishment unit since 2022
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.
Leuvensesteenweg 2461932 ZaventemGround area
1,596 m²
Building footprint
753 m²
Volume, LiDAR
5,860 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Alsembergsesteenweg 34, 1630 Linkebeek
since 20222.327.293.680
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22003A0047/00X008 | Flanders | 1,134 m² | 1 · 561 m² | 11.6 m · 3 fl. |
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
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
Dany Super Activ
BE 0718.720.015
Antwerpen · Eq €24k
Clean Sweep
BE 1006.343.326
Wezembeek-Oppem · Eq €24k
DHM CLEAN
BE 0789.322.652
Sint-Jans-Molenbeek · Eq €24k
Denossa Cleaning
BE 0677.722.073
Brecht · Eq €24k
Van Humbeeck Cleaning
BE 0867.750.023
Antwerpen · Eq €24k
Of 6,944 companies in sector 81220 we hold annual accounts for 2,380. 1,835 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2022
Fiscal year end31-12
Activities, NACEBEL
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.