GMJ is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.57M and a net result of €-64k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 45% of 2377 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
21 d early
2022
3 d early
2021
22 d late
2020
31 d late
2019
19 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€2.57M▼ 2.4%
2024 · €2.63M
2018: €1.42M
2019: €1.40M
2020: €1.40M
2021: €1.39M
2022: €1.39M
2023: €1.45M
2024: €2.63M
2018 → 2025
Net result
€-64k
2024 · €1.18M
2018: €-10k
2019: €-15k
2020: €-641
2021: €-6k
2022: €-6k
2023: €62k
2024: €1.18M
2018 → 2025
Total assets
€4.65M▲ 48.3%
2024 · €3.14M
2018: €2.96M
2019: €2.98M
2020: €3.00M
2021: €3.12M
2022: €2.96M
2023: €3.02M
2024: €3.14M
2018 → 2025
Solvency
55.2%▼ 28.7pp
2024 · 83.9%
2018: 47.9%
2019: 47.0%
2020: 46.7%
2021: 44.7%
2022: 46.9%
2023: 48.0%
2024: 83.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.39M-€1.39M▼ 0.4%€1.45M▲ 4.5%€2.63M▲ 81.5%€2.57M▼ 2.4%
Operating result€-6k-€-6k▲ 4.8%€92k€119k▲ 28.8%€-55k
Net result€-6k-€-6k▲ 4.8%€62k€1.18M▲ 1,795%€-64k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €55k after €119k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.65M
Fixed assets
€4.53M▲ 54.5%
Current assets
€127k▼ 39.3%
Equity and liabilities €4.65M
Equity
€2.57M▼ 2.4%
Debt
€2.09M▲ 312%
The debt ratio rises from 16.1% to 44.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
55.2%▼
2024 · 83.9%
ROE
-2.5%▼
2024 · 44.9%
ROA
-1.4%▼
2024 · 37.6%
Debt
€2.09M▲
2024 · €507k
Debt ≤ 1 year
€793k▲
2024 · €507k
Debt > 1 year
€1.29M
Income taxes
€0▼
2024 · €20k
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€3.14M€4.65M▲
Fixed assets21/28€2.93M€4.53M▲
Tangible fixed assets22/27-€1.60M
Land and buildings22-€1.60M
Financial fixed assets28€2.93M€2.93M=
Current assets29/58€209k€127k▼
Amounts receivable within one year40/41€182k€75k▼
Trade receivables40€30k€30k=
Other amounts receivable41€152k€45k▼
Cash at bank and in hand54/58€23k€49k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€3.14M€4.65M▲
Equity10/15€2.63M€2.57M▼
Contributions10/11€1.27M€1.27M=
Capital10€1.27M€1.27M=
Issued capital100€1.27M€1.27M=
Reserves13€1.37M€1.30M▼
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€1.36M€1.29M▼
Amounts payable17/49€507k€2.09M▲
Amounts payable after more than one year17-€1.29M
Financial debts170/4-€1.29M
Amounts payable within one year42/48€507k€793k▲
Current portion of amounts payable after more than one year42-€68k
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3€14k€21k▲
Other amounts payable47/48€489k€702k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€190k
Other operating charges640/8€2k€3k▲
Gross operating margin9900€121k€138k▲
Operating profit (loss)9901€119k€-55k▼
Financial income75/76B€1.10M€725▼
Recurring financial income75€1.10M€725▼
Financial charges65/66B€17k€9k▼
Recurring financial charges65€17k€9k▼
Profit (loss) for the period before taxes9903€1.20M€-64k▼
Income taxes67/77€20k€0▼
Profit (loss) for the period9904€1.18M€-64k▼
Profit (loss) for the period to be appropriated9905€1.18M€-64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.18M€-64k▼
Transfer from equity791/2-€64k
Transfer to equity691/2€1.18M€0▼
To other reserves6921€1.18M€0▼
The notes to these accounts (20 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-64k ▼105%
Net result drops to €-64k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.18M ▲1795%
Operating result €119k, net result €1.18M, both a record.
31-12
Financial
Equity above €2MEq €2.63M ▲81.5%
2 profitable years in a row build equity to €2.63M.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €62k
Net result €62k after 5 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Sint-Truiden · 1 establishment unit since 2003
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.
Dekkenstraat 613800 Sint-TruidenGround area
2,072 m²
Building footprint
266 m²
Volume, LiDAR
1,714 m³
Parcel 71064A0734/00M000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dekkenstraat 61, 3800 Sint-Truiden
since 20032.131.619.738
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71064A0734/00M000 | Flanders | 2,072 m² | 1 · 266 m² | 9.8 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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 10,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-03-2003
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.