GNG Business

Active

Private limited companyfounded 20196 yrs activeRue Jean-d'Outremeuse 44, 4020 Liège, BelgiumKBO/BCE: BE 0736.514.763

The computed 12-month bankruptcy probability of GNG Business is 4.8% (elevated). The 2025 annual accounts show equity of €7k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 3620 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

37 / 100

Weak▼ -56 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency31▼-69

Growth32▼-26

Stability100

Bankruptcy probability, 12 months

4.8% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.13 against 4.4 in 2024), and 78.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

21.4%

Return on assets

-29.2%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

8 d early

2024

29 d late

2023

47 d late

2022

23 d late

2021

9 d late

2020

31 d late

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€7k▼ 57.7%

2024 · €18k

2020: €36k 2021: €43k 2022: €13k 2023: €3k 2024: €18k

2020 → 2025

Total assets

€35k▲ 67.6%

2024 · €21k

2020: €43k 2021: €49k 2022: €28k 2023: €14k 2024: €21k

2020 → 2025

Net result

€-10k

2024 · €14k

2020: €9k 2021: €7k 2022: €-30k 2023: €-10k 2024: €14k

2020 → 2025

Working capital

€3k▼ 70.0%

2024 · €11k

2020: €23k 2021: €19k 2022: €-4k 2023: €-7k 2024: €11k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€43k-€13k▼ 69.0%€3k▼ 74.3%€18k▲ 410%€7k▼ 57.7%

Operating result€-2k-€-31k▼ 1,703%€-12k▲ 62.5%€-33k▼ 180%€-7k▲ 78.1%

Net result€7k-€-30k€-10k▲ 66.6%€14k€-10k

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €7k in 2025 against €33k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €35k

19.5%

80.5%

Fixed assets €7k=

Current assets €28k▲ 100%

Equity and liabilities €35k

21.4%

78.6%

Equity €7k▼ 57.7%

Debt €27k▲ 761%

The debt ratio rises from 15.3% to 78.6%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

Solvency

21.4%▼

2024 · 84.7%

Current ratio

1.13▼

2024 · 4.40

Quick ratio

1.01▼

2024 · 4.40

Debt / equity

3.68▲

2024 · 0.18

ROE

-136.3%▼

2024 · 80.4%

ROA

-29.2%▼

2024 · 68.1%

Debt

€27k▲

2024 · €3k

Debt ≤ 1 year

€25k▲

2024 · €3k

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€21k€35k▲

Fixed assets21/28€7k€7k=

Financial fixed assets28€7k€7k=

Current assets29/58€14k€28k▲

Stocks and contracts in progress3-€3k

Stocks30/36-€3k

Amounts receivable within one year40/41€6k€819▼

Trade receivables40€6k-

Other amounts receivable41€301€819▲

Current investments50/53-€11k

Cash at bank and in hand54/58€8k€13k▲

Equity and liabilities

Total equity and liabilities10/49€21k€35k▲

Equity10/15€18k€7k▼

Contributions10/11€27k€27k=

Capital10€27k€27k=

Issued capital100€27k€27k=

Profit (loss) carried forward14€-9k€-20k▼

Amounts payable17/49€3k€27k▲

Amounts payable within one year42/48€3k€25k▲

Trade debts44€200€4k▲

Suppliers440/4€200€4k▲

Taxes, remuneration and social security45€3k€21k▲

Taxes450/3€3k€5k▲

Remuneration and social security454/9-€16k

Accrued charges and deferred income492/3-€3k

Income statement Code20242025

Other operating charges640/8€1k€3k▲

Non-recurring operating charges66A-€8k

Gross operating margin9900€-32k€4k▲

Operating profit (loss)9901€-33k€-7k▲

Financial income75/76B€51k€900▼

Recurring financial income75€1k€900▼

Non-recurring financial income76B€50k-

Financial charges65/66B€280€4k▲

Recurring financial charges65€280€4k▲

Profit (loss) for the period before taxes9903€18k€-10k▼

Income taxes67/77€4k-

Profit (loss) for the period9904€14k€-10k▼

Profit (loss) for the period to be appropriated9905€14k€-10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-20k▼

Profit (loss) brought forward from the previous period14P€-24k€-9k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

23-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Back to profitnet €14k

Net result €14k after 2 loss-making years.

31-12

Financial Liquidity times 12current ratio 4.40

Current ratio from 0.37 to 4.40; short-term debt falls from €11k to €3k.

16-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 47 days late

2023

23-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 23 days late

2022

31-12

Financial Weakest financial yearnet €-30k ▼498%

Net result drops to €-30k, the lowest in the series; recovery starts the following year.

09-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 9 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.