GNR Operations
ActiveGNR Operations has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €381k and a net result of €-27k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 58% of 4488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-38
Solvency68▼-24
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity short (current ratio 0.92 against 2.98 in 2024), and 52.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
44 d early
2023
51 d early
2022
48 d early
2021
33 d early
2020
4 d early
2019
25 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€381k▼ 6.6%
2024 · €408k
2018: €287k
2019: €367k
2020: €741k
2021: €358k
2022: €408k
2023: €377k
2024: €408k
2018 → 2025
Total assets
€808k▼ 6.3%
2024 · €862k
2018: €1.47M
2019: €1.20M
2020: €912k
2021: €1.05M
2022: €1.06M
2023: €948k
2024: €862k
2018 → 2025
Net result
€-27k
2024 · €31k
2018: €7k
2019: €86k
2020: €392k
2021: €277k
2022: €50k
2023: €-31k
2024: €31k
2018 → 2025
Working capital
€-10k
2024 · €175k
2018: €-166k
2019: €-186k
2020: €428k
2021: €412k
2022: €352k
2023: €146k
2024: €175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€408k▲ 14.0%€377k▼ 7.7%€408k▲ 8.2%€381k▼ 6.6%
Operating result€386k-€60k▼ 84.4%€-23k€39k€-20k
Net result€277k-€50k▼ 81.9%€-31k€31k€-27k
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 turns negative in 2025: a loss of €20k after €39k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €808k
Fixed assets
€688k▲ 15.0%
Current assets
€120k▼ 54.6%
Equity and liabilities €808k
Equity
€381k▼ 6.6%
Debt
€427k▼ 5.9%
The debt ratio rises from 52.7% to 52.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€73k▼
2024 · €127k
Cash flow
€66k▼
2024 · €119k
Solvency
47.2%▼
2024 · 47.3%
Current ratio
0.92▼
2024 · 2.98
Quick ratio
0.87▼
2024 · 2.90
Debt / equity
1.12▲
2024 · 1.11
ROE
-7.1%▼
2024 · 7.6%
ROA
-3.3%▼
2024 · 3.6%
Interest coverage
10.26▼
2024 · 15.59
Debt
€427k▼
2024 · €454k
Debt ≤ 1 year
€130k▲
2024 · €88k
Debt > 1 year
€297k▼
2024 · €365k
Staff costs
€65k▼
2024 · €66k
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€862k€808k▼
Fixed assets21/28€598k€688k▲
Tangible fixed assets22/27€598k€688k▲
Land and buildings22€391k€382k▼
Plant, machinery and equipment23€155k€186k▲
Furniture and vehicles24€51k€120k▲
Current assets29/58€264k€120k▼
Stocks and contracts in progress3€7k€7k▼
Stocks30/36€7k€7k▼
Amounts receivable within one year40/41€63k€76k▲
Trade receivables40€57k€69k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€184k€30k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€862k€808k▼
Equity10/15€408k€381k▼
Contributions10/11€19k€19k=
Reserves13€389k€362k▼
Tax-exempt reserves132€70k€70k=
Distributable reserves133€320k€293k▼
Amounts payable17/49€454k€427k▼
Amounts payable after more than one year17€365k€297k▼
Financial debts170/4€365k€297k▼
Amounts payable within one year42/48€88k€130k▲
Current portion of amounts payable after more than one year42€67k€68k▲
Trade debts44€17k€58k▲
Suppliers440/4€17k€58k▲
Taxes, remuneration and social security45€4k€4k▼
Remuneration and social security454/9€4k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€66k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€93k▲
Other operating charges640/8€11k€14k▲
Gross operating margin9900€204k€153k▼
Operating profit (loss)9901€39k€-20k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€31k€-27k▼
Profit (loss) for the period9904€31k€-27k▼
Profit (loss) for the period to be appropriated9905€31k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-27k▼
Transfer from equity791/2-€27k
Transfer to equity691/2€31k-
To other reserves6921€31k-
The notes to these accounts (11 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-31k ▼163%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €392k ▲354%
Operating result €504k, net result €392k, both a record.
31-12
Financial
Liquidity times 6current ratio 4.13
Current ratio from 0.74 to 4.13; short-term debt falls from €710k to €137k.
31-12
Financial
Equity above €500kEq €741k ▲102%
3 profitable years in a row build equity to €741k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 92 days late
2018
20-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 81 days late
2017
26-07
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
3 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, Zoersel · 2 establishment units since 1997
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.
Berkenlaan 212980 ZoerselGround area
7,029 m²
Building footprint
2,439 m²
Volume, LiDAR
13,602 m³
2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Spinnerslaan 12, 9160 Lokeren
since 19972.177.583.880
Berkenlaan 21, 2980 Zoersel
since 19972.084.052.918
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A1058/00G000 | Flanders | 5,685 m² | 1 · 2,212 m² | 6.2 m · 2 fl. |
| 11017B0226/00N000 | Flanders | 1,343 m² | 1 · 226 m² | 9.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Hensies · Eq €381k
VADITRANS
BE 0449.823.543
Temse · Eq €380k
P.S. Logistics
BE 0772.495.528
Antwerpen · Eq €381k
DE SCHRIJVER
BE 0453.920.903
Asse · Eq €382k
Of 12,449 companies in sector 49410 we hold annual accounts for 8,086. 5,509 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-10-1997
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52250Logistics services
52290Warehousing and support activities for transportation
63405
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.