GN & S
ActiveSummary
GN & S has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211,535 and a net result of €23,999. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▼-1
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 4.06 against 3.73 in 2023; short-term debt: 24.6% and cash: 23.1% of total assets), and 24.6% of the assets are financed with debt.
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Signals
Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
20 d early
2022
16 d early
2021
25 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€0
Total assets
€280,612▲ 9.5%
2023 · €256,210
Net result
€23,999▼ 0.3%
2023 · €24,081
Working capital
€211,526▲ 13.0%
2023 · €187,140
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€0
Operating result€30,539▲ 68.6%€41,730▲ 36.6%€39,351▼ 5.7%€36,313▼ 7.7%€36,045▼ 0.7%
Net result€19,728within the sector's middle half▲ 97.6%€27,563within the sector's middle half▲ 39.7%€26,139within the sector's middle half▼ 5.2%€24,081within the sector's middle half▼ 7.9%€23,999within the sector's middle half▼ 0.3%
Equity€109,753within the sector's middle half▲ 21.9%€137,316within the sector's middle half▲ 25.1%€163,455within the sector's middle half▲ 19.0%€187,536within the sector's middle half▲ 14.7%€211,535within the sector's middle half▲ 12.8%
Total assets€171,559within the sector's middle half▲ 14.1%€202,368within the sector's middle half▲ 18.0%€232,758within the sector's middle half▲ 15.0%€256,210within the sector's middle half▲ 10.1%€280,612within the sector's middle half▲ 9.5%
Debt€61,806▲ 2.4%€65,052▲ 5.3%€69,303▲ 6.5%€68,674▼ 0.9%€69,077▲ 0.6%
Working capital€107,849▲ 33.2%€135,173▲ 25.3%€162,374▲ 20.1%€187,140▲ 15.3%€211,526▲ 13.0%
Solvency64.0%within the sector's middle half▲ 4.1pp67.9%within the sector's middle half▲ 3.9pp70.2%within the sector's middle half▲ 2.4pp73.2%within the sector's middle half▲ 3.0pp75.4%within the sector's middle half▲ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €280,612
Fixed assets
€9 ▼ 97.7%
Current assets
€280,603 ▲ 9.7%
Equity and liabilities €280,612
Equity
€211,535 ▲ 12.8%
Debt
€69,077 ▲ 0.6%
Debt's share of the balance-sheet total falls from 26.8% to 24.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36,432▼
2023 · €36,997
Cash flow
€24,386▼
2023 · €24,765
Current ratio
4.06▲
2023 · 3.73
Debt to equity
0.33▼
2023 · 0.37
ROE
11.3%▼
2023 · 12.8%
ROA
8.6%▼
2023 · 9.4%
Interest coverage
537.35▲
2023 · 513.85
Debt ≤ 1 year
€69,077▲
2023 · €68,674
Income taxes
€11,979▼
2023 · €12,160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,306 | €752 | €1,063 | €684 | €387 | ▼ 43.4% |
| Other operating charges640/8 | - | €874 | €874 | €917 | €993 | ▲ 8.3% |
| Gross operating margin9900 | €38,768 | €43,356 | €41,288 | €37,914 | €37,425 | ▼ 1.3% |
| Operating profit (loss)9901 | €30,539 | €41,730 | €39,351 | €36,313 | €36,045 | ▼ 0.7% |
| Financial charges65/66B | - | €61 | €202 | €72 | €68 | ▼ 5.8% |
| Recurring financial charges65 | €56 | €61 | €202 | €72 | €68 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €30,483 | €41,668 | €39,150 | €36,241 | €35,977 | ▼ 0.7% |
| Income taxes67/77 | €10,755 | €14,105 | €13,011 | €12,160 | €11,979 | ▼ 1.5% |
| Profit (loss) for the period9904 | €19,728 | €27,563 | €26,139 | €24,081 | €23,999 | ▼ 0.3% |
| Profit (loss) for the period to be appropriated9905 | €19,728 | €27,563 | €26,139 | €24,081 | €23,999 | ▼ 0.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171,559 | €202,368 | €232,758 | €256,210 | €280,612 | ▲ 9.5% |
| Fixed assets21/28 | €1,904 | €2,143 | €1,080 | €396 | €9 | ▼ 97.7% |
| Tangible fixed assets22/27 | €1,904 | €2,143 | €1,080 | €396 | €9 | ▼ 97.7% |
| Plant, machinery and equipment23 | - | €545 | €163 | €86 | €9 | ▼ 89.3% |
| Furniture and vehicles24 | - | €1,598 | €918 | €311 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €0 | €0 | €0 | - | - |
| Current assets29/58 | €169,654 | €200,225 | €231,677 | €255,814 | €280,603 | ▲ 9.7% |
| Amounts receivable within one year40/41 | €6,806 | €15,151 | €11,576 | €18,133 | €13,508 | ▼ 25.5% |
| Trade receivables40 | - | €11,364 | €6,500 | €8,429 | €4,273 | ▼ 49.3% |
| Other amounts receivable41 | - | €3,788 | €5,076 | €9,704 | €9,235 | ▼ 4.8% |
| Current investments50/53 | - | - | - | - | €200,000 | - |
| Cash at bank and in hand54/58 | €161,636 | €183,665 | €218,811 | €236,248 | €64,769 | ▼ 72.6% |
| Deferred charges and accrued income490/1 | - | €1,409 | €1,290 | €1,432 | €2,327 | ▲ 62.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171,559 | €202,368 | €232,758 | €256,210 | €280,612 | ▲ 9.5% |
| Equity10/15 | €109,753 | €137,316 | €163,455 | €187,536 | €211,535 | ▲ 12.8% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €97,147 | €124,710 | €150,849 | €174,930 | €198,929 | ▲ 13.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €122,850 | €148,989 | €174,930 | €198,929 | ▲ 13.7% |
| Profit (loss) carried forward14 | €206 | €206 | €206 | €206 | €206 | = |
| Amounts payable17/49 | €61,806 | €65,052 | €69,303 | €68,674 | €69,077 | ▲ 0.6% |
| Amounts payable within one year42/48 | €61,806 | €65,052 | €69,303 | €68,674 | €69,077 | ▲ 0.6% |
| Trade debts44 | €308 | €780 | €3,030 | €1,365 | €0 | ▼ 100% |
| Suppliers440/4 | - | €780 | €3,030 | €1,365 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €2,994 | €2,614 | €2,408 | €2,400 | ▼ 0.3% |
| Taxes450/3 | - | €2,994 | €2,614 | €2,408 | €2,400 | ▼ 0.3% |
| Other amounts payable47/48 | - | €61,278 | €63,659 | €64,901 | €66,678 | ▲ 2.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,728 | €27,563 | €26,139 | €24,081 | €23,999 | ▼ 0.3% |
| + Depreciation and write-downs630 | €7,306 | €752 | €1,063 | €684 | €387 | ▼ 43.4% |
| Operating cash flow (approximation) | €27,034 | €28,315 | €27,202 | €24,765 | €24,386 | ▼ 1.5% |
| Investment in fixed assets (approximation) | - | -€991 | €0 | €0 | €0 | - |
| Change in cash | - | €22,029 | €35,147 | €17,437 | -€171,480 | ▼ 1,083% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €211,535 ▲12.8%
7 profitable years in a row build equity to €211,535.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €163,455 ▲19%
5 profitable years in a row build equity to €163,455.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100,000Eq €109,753 ▲21.9%
3 profitable years in a row build equity to €109,753.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €9,984 ▼65.7%
Net result drops to €9,984, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Chaudfontaine · 1 establishment unit since 2016
Ground area
917 m²
Building footprint
127 m²
Volume, LiDAR
617 m³
Parcel 62030C0176/00Z000, Wallonia · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GN & S
since 20162.255.882.577
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030C0176/00Z000 | Wallonia | 917 m² | 1 · 127 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 82,642 companies in sector 70200 we hold annual accounts for 52,589. 39,611 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0648745896
Also
9925:BE0648745896
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.