GP CLASSICS
ActiveSummary
The computed 12-month bankruptcy probability of GP CLASSICS is 2.1% (moderate). The 2024 annual accounts show equity of €41,584 and a net result of €420. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 26049 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-18
Solvency64▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.88 in 2023; short-term debt: 38.4% and cash: 42.1% of total assets), but 61.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
38.6%
Return on assets
0.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
90 d late
2022
91 d late
2021
118 d late
2020
152 d late
2019
152 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 116 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€41,584▲ 1.0%
2023 · €41,165
Total assets
€107,768▲ 25.6%
2023 · €85,784
Net result
€420▼ 96.7%
2023 · €12,659
Working capital
€34,816▼ 11.2%
2023 · €39,223
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Operating result€33,182▲ 1,501%-€9,931€7,449€14,842▲ 99.2%€876▼ 94.1%
Net result€25,183above the sector's middle half▲ 1,535%-€10,765below the sector's middle half€6,348within the sector's middle half€12,659within the sector's middle half▲ 99.4%€420within the sector's middle half▼ 96.7%
Equity€32,923within the sector's middle half▲ 325%€22,158within the sector's middle half▼ 32.7%€28,506within the sector's middle half▲ 28.7%€41,165within the sector's middle half▲ 44.4%€41,584within the sector's middle half▲ 1.0%
Total assets€63,879within the sector's middle half▲ 136%€50,465below the sector's middle half▼ 21.0%€56,050below the sector's middle half▲ 11.1%€85,784within the sector's middle half▲ 53.0%€107,768within the sector's middle half▲ 25.6%
Debt€30,957▲ 60.5%€28,307▼ 8.6%€27,544▼ 2.7%€44,620▲ 62.0%€66,183▲ 48.3%
Working capital€32,242within the sector's middle half▲ 370%€19,182within the sector's middle half▼ 40.5%€25,810within the sector's middle half▲ 34.6%€39,223within the sector's middle half▲ 52.0%€34,816within the sector's middle half▼ 11.2%
Solvency51.5%within the sector's middle half▲ 22.9pp43.9%within the sector's middle half▼ 7.6pp50.9%within the sector's middle half▲ 7.0pp48.0%within the sector's middle half▼ 2.9pp38.6%within the sector's middle half▼ 9.4pp
Current ratio2.04within the sector's middle half▲ 0.691.68within the sector's middle half▼ 0.361.94within the sector's middle half▲ 0.251.88within the sector's middle half▼ 0.061.84within the sector's middle half▼ 0.04
Return on assets (ROA)39.4%above the sector's middle half▲ 33.7pp-21.3%below the sector's middle half▼ 60.8pp11.3%within the sector's middle half▲ 32.7pp14.8%above the sector's middle half▲ 3.4pp0.4%within the sector's middle half▼ 14.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107,768
Fixed assets
€31,540 ▲ 1,545%
Current assets
€76,228 ▼ 9.0%
Equity and liabilities €107,768
Equity
€41,584 ▲ 1.0%
Debt
€66,183 ▲ 48.3%
Debt's share of the balance-sheet total rises from 52.0% to 61.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4,449▼
2023 · €16,927
Cash flow
€3,992▼
2023 · €14,743
Quick ratio
1.77▼
2023 · 1.81
Debt to equity
1.59▲
2023 · 1.08
ROE
1.0%▼
2023 · 30.8%
Interest coverage
7.79▼
2023 · 46.40
Debt ≤ 1 year
€41,412▼
2023 · €44,546
Debt > 1 year
€24,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.7%
stopped otherwise
94%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% 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 497,662 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% | 1.7% |
| 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 75% 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 5,049 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €194 | €896 | €1,355 | €2,084 | €3,573 | ▲ 71.4% |
| Other operating charges640/8 | - | €4,156 | €881 | €907 | €1,791 | ▲ 97.5% |
| Non-recurring operating charges66A | - | €1,210 | €2,303 | €7,491 | - | - |
| Gross operating margin9900 | €34,076 | -€3,668 | €11,989 | €25,324 | €6,239 | ▼ 75.4% |
| Operating profit (loss)9901 | €33,182 | -€9,931 | €7,449 | €14,842 | €876 | ▼ 94.1% |
| Financial income75/76B | - | €121 | €1 | €39 | €115 | ▲ 195% |
| Recurring financial income75 | €5 | €121 | €1 | €39 | €115 | ▲ 195% |
| Financial charges65/66B | - | €955 | €1,102 | €365 | €571 | ▲ 56.6% |
| Recurring financial charges65 | €1,047 | €815 | €1,102 | €365 | €571 | ▲ 56.6% |
| Non-recurring financial charges66B | - | €140 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €32,022 | -€10,765 | €6,348 | €14,516 | €420 | ▼ 97.1% |
| Income taxes67/77 | €6,840 | - | - | €1,858 | - | - |
| Profit (loss) for the period9904 | €25,183 | -€10,765 | €6,348 | €12,659 | €420 | ▼ 96.7% |
| Profit (loss) for the period to be appropriated9905 | €25,183 | -€10,765 | €6,348 | €12,659 | €420 | ▼ 96.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,879 | €50,465 | €56,050 | €85,784 | €107,768 | ▲ 25.6% |
| Formation expenses20 | €681 | €486 | €292 | €97 | - | - |
| Fixed assets21/28 | - | €2,739 | €2,404 | €1,917 | €31,540 | ▲ 1,545% |
| Tangible fixed assets22/27 | - | €2,739 | €2,404 | €1,917 | €31,540 | ▲ 1,545% |
| Plant, machinery and equipment23 | - | €734 | €407 | €81 | €1,386 | ▲ 1,618% |
| Furniture and vehicles24 | - | €925 | €1,417 | €1,757 | €30,154 | ▲ 1,616% |
| Other tangible fixed assets26 | - | €1,080 | €580 | €80 | - | - |
| Current assets29/58 | €63,198 | €47,239 | €53,354 | €83,770 | €76,228 | ▼ 9.0% |
| Stocks and contracts in progress3 | €16,000 | €3,000 | €3,000 | €3,000 | €2,782 | ▼ 7.3% |
| Stocks30/36 | - | €3,000 | €3,000 | €3,000 | €2,782 | ▼ 7.3% |
| Amounts receivable within one year40/41 | €28,444 | €23,648 | €17,978 | €18,509 | €27,808 | ▲ 50.2% |
| Trade receivables40 | - | €21,103 | €16,996 | €16,531 | €21,934 | ▲ 32.7% |
| Other amounts receivable41 | - | €2,545 | €982 | €1,978 | €5,874 | ▲ 197% |
| Cash at bank and in hand54/58 | €17,912 | €20,591 | €31,902 | €62,261 | €45,318 | ▼ 27.2% |
| Deferred charges and accrued income490/1 | - | - | €474 | - | €320 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,879 | €50,465 | €56,050 | €85,784 | €107,768 | ▲ 25.6% |
| Equity10/15 | €32,923 | €22,158 | €28,506 | €41,165 | €41,584 | ▲ 1.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €26,723 | €15,958 | €22,306 | €34,965 | €35,384 | ▲ 1.2% |
| Distributable reserves133 | - | €15,958 | €22,306 | €34,965 | €35,384 | ▲ 1.2% |
| Amounts payable17/49 | €30,957 | €28,307 | €27,544 | €44,620 | €66,183 | ▲ 48.3% |
| Amounts payable after more than one year17 | - | - | - | - | €24,771 | - |
| Financial debts170/4 | - | - | - | - | €24,771 | - |
| Amounts payable within one year42/48 | €30,957 | €28,057 | €27,544 | €44,546 | €41,412 | ▼ 7.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €5,821 | - |
| Trade debts44 | €11,496 | €8,993 | €8,369 | €3,555 | €6,328 | ▲ 78.0% |
| Suppliers440/4 | - | €8,993 | €8,369 | €3,555 | €6,328 | ▲ 78.0% |
| Advances received on contracts in progress46 | - | €2,699 | €2,699 | €16,927 | €14,299 | ▼ 15.5% |
| Taxes, remuneration and social security45 | - | €7,878 | €2,643 | €15,228 | €5,398 | ▼ 64.6% |
| Taxes450/3 | - | €7,878 | €2,643 | €15,228 | €5,398 | ▼ 64.6% |
| Other amounts payable47/48 | - | €8,486 | €13,833 | €8,837 | €9,565 | ▲ 8.2% |
| Accrued charges and deferred income492/3 | - | €250 | - | €73 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,183 | -€10,765 | €6,348 | €12,659 | €420 | ▼ 96.7% |
| + Depreciation and write-downs630 | €194 | €896 | €1,355 | €2,084 | €3,573 | ▲ 71.4% |
| Operating cash flow (approximation) | €25,377 | -€9,868 | €7,703 | €14,743 | €3,992 | ▼ 72.9% |
| Investment in fixed assets (approximation) | - | - | -€1,020 | -€1,598 | -€33,195 | ▼ 1,978% |
| Change in cash | - | €2,680 | €11,311 | €30,359 | -€16,943 | ▼ 156% |
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
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Back to profitnet €6,348
Net result €6,348 after one loss-making year.
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 118 days late
2021
31-12
Financial
Weakest financial yearnet -€10,765
Net result drops to -€10,765, the lowest in the series; recovery starts the following year.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
31-12
Financial
Highest result since 2019net €25,183 ▲1,535%
Operating result €33,182, net result €25,183, both a record.
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 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, Braine-le-Comte · 1 establishment unit since 2019
Ground area
1,732 m²
Building footprint
356 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
GP Classics
since 20192.292.617.566
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55302B0040/00D000 | Wallonia | 1,420 m² | 1 · 227 m² | - |
| 55302B0512/00E000 | Wallonia | 312 m² | 1 · 128 m² | - |
Linked by address, not proof of ownership
Good to know
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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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 3,200 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
Founded13-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95319Other maintenance and repair of motor vehicles
47830Retail sale of motorcycles and motorcycle parts and accessories
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728462377
Also
9925:BE0728462377
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.