GMotors
ActiveThe computed 12-month bankruptcy probability of GMotors is 5.3% (elevated). For GMotors, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-4k) and a net result of €-9k. Equity is shrinking by ~146.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 24639 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency6▼-58
Growth55▲+33
Track record94
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
-19.1%
Return on assets
-43.5%
Age of the figures
33 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 03-10-2024, 64 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
not filed
2023
64 d late
2022
78 d late
2021
374 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€179k▲ 210%
2022 · €58k
2021: €67k
2022: €58k
2021 → 2023
EBIT margin
-4.5%▲ 5.1pp
2022 · -9.6%
2021: 11.5%
2022: -9.6%
2021 → 2023
Net result
€-9k▼ 54.6%
2022 · €-6k
2021: €6k
2022: €-6k
2021 → 2023
Working capital
€-4k
2022 · €5k
2021: €11k
2022: €5k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Turnover€67k-€58k▼ 13.9%€179k▲ 210%
Equity€11k-€5k▼ 53.5%€-4k
Operating result€8k-€-6k€-8k▼ 46.5%
Net result€6k-€-6k€-9k▼ 54.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2023 against €6k in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
Solvency
-19.1%▼
2022 · 38.8%
Current ratio
0.84▼
2022 · 1.64
Quick ratio
0.57▼
2022 · 1.64
Debt / equity
-6.25▼
2022 · 1.57
ROA
-43.5%▲
2022 · -44.7%
Debt
€24k▲
2022 · €8k
Debt ≤ 1 year
€24k▲
2022 · €8k
Staff costs
€163
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€13k€20k▲
Current assets29/58€13k€20k▲
Stocks and contracts in progress3-€7k
Stocks30/36-€7k
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€8k€6k▼
Other amounts receivable41€2k€584▼
Cash at bank and in hand54/58€2k€7k▲
Deferred charges and accrued income490/1-€319
Equity and liabilities
Total equity and liabilities10/49€13k€20k▲
Equity10/15€5k€-4k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€0€-9k▼
Amounts payable17/49€8k€24k▲
Amounts payable within one year42/48€8k€24k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48-€10k
Income statement
Code20222023
Turnover70€58k€179k▲
Non-recurring operating income76A€415-
Goods, raw materials, services and sundry goods60/61€60k€186k▲
Remuneration, social security and pensions62-€163
Other operating charges640/8€3k€323▼
Non-recurring operating charges66A-€350
Gross operating margin9900€-2k€-7k▼
Operating profit (loss)9901€-6k€-8k▼
Financial income75/76B€6€296▲
Recurring financial income75€6€296▲
Financial charges65/66B€0€1k▲
Recurring financial charges65€0€1k▲
Profit (loss) for the period before taxes9903€-6k€-9k▼
Income taxes67/77€237-
Profit (loss) for the period9904€-6k€-9k▼
Profit (loss) for the period to be appropriated9905€-6k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€0€-9k▼
Profit (loss) brought forward from the previous period14P€6k€0▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 78 days late
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 374 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sambreville · 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.
Pré des Haz(TAM) 485060 SambrevilleGround area
1.3 ha
Building footprint
1,547 m²
Parcel 92121B0614/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
GMotors
since 20212.316.940.317
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92121B0614/00R000 | Wallonia | 1.3 ha | 1 · 1,547 m² | - |
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
Rizq Occasions
BE 0784.370.110
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MDL Patrimonium
BE 0792.443.478
Sint-Martens-Latem · Eq €5k
Autoservice Hoboken
BE 0607.883.459
Antwerpen · Eq €5k
MASAYA BEIROET
BE 0751.464.047
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BE TRADING.BE
BE 0764.384.249
Wavre · Eq €5k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 1,535 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2021
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
95314Bodywork repair (including spraying and painting)
95319Other maintenance and repair of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ghazimotors@hotmail.com