GMDesk
ActiveGMDesk has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €21k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 1986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-1
Solvency80▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 3.05 in 2024; short-term debt: 27.1% and cash: 41.7% of total assets), and 45.4% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
54.6%
Return on assets
12.7%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 8 filingsDeviation from the deadline
2025
25 d late
2024
29 d late
2023
23 d late
2022
60 d late
2021
31 d late
2020
25 d late
2019
23 d early
← 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€91k▼ 4.1%
2024 · €95k
2018: €23k
2019: €35k
2020: €60k
2021: €73k
2022: €98k
2023: €90k
2024: €95k
2018 → 2025
Total assets
€166k▲ 31.7%
2024 · €126k
2018: €40k
2019: €53k
2020: €117k
2021: €108k
2022: €130k
2023: €121k
2024: €126k
2018 → 2025
Net result
€21k▲ 18.4%
2024 · €18k
2018: €10k
2019: €13k
2020: €25k
2021: €12k
2022: €19k
2023: €6k
2024: €18k
2018 → 2025
Working capital
€32k▼ 51.2%
2024 · €65k
2018: €12k
2019: €25k
2020: €28k
2021: €46k
2022: €64k
2023: €53k
2024: €65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€98k▲ 34.2%€90k▼ 8.0%€95k▲ 5.5%€91k▼ 4.1%
Operating result€19k-€28k▲ 47.0%€11k▼ 62.0%€26k▲ 149%€32k▲ 22.6%
Net result€12k-€19k▲ 53.7%€6k▼ 69.4%€18k▲ 204%€21k▲ 18.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€90k▲ 200%
Current assets
€77k▼ 20.5%
Equity and liabilities €166k
Equity
€91k▼ 4.1%
Debt
€76k▲ 139%
The debt ratio rises from 25.0% to 45.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€42k▲
2024 · €39k
Cash flow
€31k▼
2024 · €31k
Solvency
54.6%▼
2024 · 75.0%
Current ratio
1.70▼
2024 · 3.05
Quick ratio
1.70▼
2024 · 3.05
Debt / equity
0.83▲
2024 · 0.33
ROE
23.2%▲
2024 · 18.8%
ROA
12.7%▼
2024 · 14.1%
Interest coverage
41.05▼
2024 · 133.93
Debt
€76k▲
2024 · €32k
Debt ≤ 1 year
€45k▲
2024 · €32k
Debt > 1 year
€30k
Income taxes
€10k▲
2024 · €8k
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€126k€166k▲
Fixed assets21/28€30k€90k▲
Tangible fixed assets22/27€30k€90k▲
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€16k€75k▲
Other tangible fixed assets26€13k€13k▼
Current assets29/58€96k€77k▼
Amounts receivable within one year40/41€12k€3k▼
Trade receivables40€12k€3k▼
Cash at bank and in hand54/58€81k€69k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€126k€166k▲
Equity10/15€95k€91k▼
Contributions10/11€13k€13k=
Reserves13€82k€78k▼
Distributable reserves133€82k€78k▼
Amounts payable17/49€32k€76k▲
Amounts payable after more than one year17-€30k
Financial debts170/4-€30k
Amounts payable within one year42/48€32k€45k▲
Current portion of amounts payable after more than one year42€5k€8k▲
Trade debts44€833€7k▲
Suppliers440/4€833€57▼
Bills of exchange payable441-€7k
Taxes, remuneration and social security45€12k-
Taxes450/3€12k-
Other amounts payable47/48€14k€30k▲
Accrued charges and deferred income492/3-€55
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€757€882▲
Gross operating margin9900€40k€43k▲
Operating profit (loss)9901€26k€32k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€295€1k▲
Recurring financial charges65€295€1k▲
Profit (loss) for the period before taxes9903€26k€31k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€18k€21k▲
Profit (loss) for the period to be appropriated9905€18k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€21k▲
Transfer from equity791/2€13k€25k▲
Transfer to equity691/2€18k€21k▲
To other reserves6921€18k€21k▲
Profit to be distributed694/7€13k€25k▲
Return on contributions (dividend)694€13k€25k▲
The notes to these accounts (12 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼69.4%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.91
Current ratio from 1.92 to 3.91; short-term debt falls from €30k to €16k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €25k ▲94.4%
Operating result €36k, net result €25k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
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, Stekene · 1 establishment unit since 2018
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.
Festivallaan(KEM) 249190 StekeneGround area
257 m²
Building footprint
100 m²
Volume, LiDAR
2 m³
Parcel 46011A1676/00S002, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
GMDesk
since 20182.272.770.376
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46011A1676/00S002 | Flanders | 257 m² | 1 · 100 m² | 0.4 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 209 EUR awarded · 209 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 149 EUR | 149 EUR |
| 2022 | 1 | 60 EUR | 60 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Prestab
BE 0735.336.412
Balen · Eq €91k
ABRAHAM HOCHWALD
BE 0446.170.405
Antwerpen · Eq €91k
QUALITY STUDIO
BE 0783.276.483
Antwerpen · Eq €90k
NEYRINCK SUPPORT ENGINEERING
BE 0681.975.920
Beernem · Eq €92k
YouMeal
BE 0658.918.327
Oudergem · Eq €92k
Of 2,144 companies in sector 71209 we hold annual accounts for 1,085. 817 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2018
Fiscal year end31-12
Activities, NACEBEL
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.