GORS

Active

Non-profit associationfounded 200224 yrs activeMartinusstraat 34, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0478.328.378

Summary

The latest annual accounts of GORS were filed more than 90 days after the deadline. The 2008 annual accounts show equity of €994,365 and a net result of €63,887. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysis Watch Report Compare

GORSActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2008 are too old to assess current financial health.

Filing: Filed more than 90 days late

Axes, FY 2008

Profitability51

Solvency100

Growth-

Track record85

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit check for your own amount and term

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Signals

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

−lowers risk+raises risk

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

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 2008

Solvency, return and age of the figures

Solvency

85.3%

Return on assets

5.5%

Age of the figures

213 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed more than 90 days late

The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 17-12-2009, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 1 filing

Deviation from the deadline

2008

139 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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

History

On 30 May 2002, GORS was incorporated.¹ The company has filed annual accounts once, for fiscal year 2008.²

Go further with this company

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Financials · fiscal year 2008, abbreviated schema

Equity

€994,365

Total assets

€1.2m

Net result

€63,887

Working capital

-€14,002

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

Balance-sheet composition

Assets €1.2m

94.9%

Fixed assets €1.1m

Current assets €59,425

Equity and liabilities €1.2m

85.3%

12%

Equity €994,365

Provisions €37,086

Debt €134,077

Debt finances 11.5% of the balance-sheet total.

Key figures and ratios

2008 value

EBITDA

€83,435

Cash flow

€120,996

Current ratio

0.81

Debt to equity

0.06

ROE

6.4%

ROA

5.5%

Debt ≤ 1 year

€73,427

Debt > 1 year

€60,650

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2008 · 23 lines

Balance sheet Code2008

Assets

Total assets20/58€1.2m

Fixed assets21/28€1.1m

Tangible fixed assets22/27€1.1m

Financial fixed assets28€500

Current assets29/58€59,425

Amounts receivable within one year40/41€55,634

Current investments50/53€3,765

Cash at bank and in hand54/58€26

Equity and liabilities

Total equity and liabilities10/49€1.2m

Equity10/15€994,365

Profit (loss) carried forward14€222,322

Provisions and deferred taxes16€37,086

Amounts payable17/49€134,077

Amounts payable after more than one year17€60,650

Amounts payable within one year42/48€73,427

Trade debts44€52,561

Income statement Code2008

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57,109

Gross operating margin9900€317,746

Operating profit (loss)9901€26,326

Recurring financial income75€43,447

Recurring financial charges65€5,171

Profit (loss) for the period before taxes9903€64,602

Profit (loss) for the period9904€63,887

Line	2008
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€57,109
Gross operating margin9900	€317,746
Operating profit (loss)9901	€26,326
Recurring financial income75	€43,447
Recurring financial charges65	€5,171
Profit (loss) for the period before taxes9903	€64,602
Profit (loss) for the period9904	€63,887

Line	2008
Assets
Total assets20/58	€1.2m
Fixed assets21/28	€1.1m
Tangible fixed assets22/27	€1.1m
Financial fixed assets28	€500
Current assets29/58	€59,425
Amounts receivable within one year40/41	€55,634
Current investments50/53	€3,765
Cash at bank and in hand54/58	€26
Equity and liabilities
Total equity and liabilities10/49	€1.2m
Equity10/15	€994,365
Profit (loss) carried forward14	€222,322
Provisions and deferred taxes16	€37,086
Amounts payable17/49	€134,077
Amounts payable after more than one year17	€60,650
Amounts payable within one year42/48	€73,427
Trade debts44	€52,561

Line	2008
Profit (loss) for the period9904	€63,887
+ Depreciation and write-downs630	€57,109
Operating cash flow (approximation)	€120,996

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2009

17-12

NBB filing Annual accounts filed

fiscal year 2008 · abbreviated schema · 139 days late

NBB filing

0 of 7 acts read

About the unread acts

We know of 7 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

7 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, Tongeren-Borgloon

exact location from the address register On OpenStreetMap

Ground area

3,063 m²

Building footprint

191 m²

Volume, LiDAR

1,480 m³

Parcel 73016A0787/00A000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73016A0787/00A000 ProtectedMonument · Townscape or village viewDorpskern Gors-OpleeuwSource ↗	Flanders	3,063 m²	1 · 191 m²	11.8 m · 3 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.

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification

Legal formNon-profit association

Founded30-05-2002

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.