GP2Design
ActiveGP2Design has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157k and a net result of €26k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 74% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-19
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 2.92 in 2023), and 29.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €157k
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
43 d early
2022
33 d early
2021
31 d early
2020
52 d early
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€157k▲ 5.8%
2023 · €148k
2018: €134k
2019: €156k
2020: €154k
2021: €126k
2022: €136k
2023: €148k
2018 → 2024
Total assets
€223k▼ 0.2%
2023 · €223k
2018: €227k
2019: €258k
2020: €200k
2021: €185k
2022: €202k
2023: €223k
2018 → 2024
Net result
€26k▼ 39.0%
2023 · €42k
2018: €18k
2019: €27k
2020: €23k
2021: €-6k
2022: €10k
2023: €42k
2018 → 2024
Working capital
€152k▲ 9.2%
2023 · €139k
2018: €140k
2019: €159k
2020: €152k
2021: €120k
2022: €128k
2023: €139k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€154k-€126k▼ 18.5%€136k▲ 8.1%€148k▲ 8.9%€157k▲ 5.8%
Operating result€36k-€-4k€17k€63k▲ 274%€42k▼ 32.9%
Net result€23k-€-6k€10k€42k▲ 310%€26k▼ 39.0%
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 33% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €223k
Fixed assets
€8k▼ 29.3%
Current assets
€215k▲ 1.3%
Equity and liabilities €223k
Equity
€157k▲ 5.8%
Debt
€66k▼ 12.1%
The debt ratio falls from 33.6% to 29.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€45k▼
2023 · €65k
Cash flow
€29k▼
2023 · €44k
Solvency
70.4%▲
2023 · 66.4%
Current ratio
3.43▲
2023 · 2.92
Quick ratio
3.43▲
2023 · 2.92
Debt / equity
0.42▼
2023 · 0.51
ROE
16.3%▼
2023 · 28.2%
ROA
11.5%▼
2023 · 18.7%
Interest coverage
8.55▼
2023 · 16.26
Debt
€66k▼
2023 · €75k
Debt ≤ 1 year
€63k▼
2023 · €73k
Income taxes
€11k▼
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€223k€223k▼
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€11k€8k▼
Furniture and vehicles24€11k€8k▼
Current assets29/58€212k€215k▲
Amounts receivable within one year40/41€58k€78k▲
Trade receivables40€58k€76k▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€153k€136k▼
Deferred charges and accrued income490/1€803€829▲
Equity and liabilities
Total equity and liabilities10/49€223k€223k▼
Equity10/15€148k€157k▲
Contributions10/11€12k€12k=
Reserves13€136k€144k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€136k€144k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€75k€66k▼
Amounts payable within one year42/48€73k€63k▼
Trade debts44€311€270▼
Suppliers440/4€311€270▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€61k€60k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€67k€47k▼
Operating profit (loss)9901€63k€42k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€59k€37k▼
Income taxes67/77€17k€11k▼
Profit (loss) for the period9904€42k€26k▼
Profit (loss) for the period to be appropriated9905€42k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€42k€26k▼
Transfer from equity791/2€30k€17k▼
Transfer to equity691/2€42k€26k▼
To other reserves6921€42k€26k▼
Profit to be distributed694/7€30k€17k▼
Return on contributions (dividend)694€30k€17k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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 €150kEq €157k ▲5.8%
3 profitable years in a row build equity to €157k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €42k ▲310%
Operating result €63k, net result €42k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼125%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €156k ▲16.5%
2 profitable years in a row build equity to €156k.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-01-2024
Resigned as Director
Location & real-estate footprint
Registered office, Kortenberg · 1 establishment unit since 2008
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.
Haaggatstraat 343071 KortenbergGround area
598 m²
Building footprint
78 m²
Volume, LiDAR
469 m³
Parcel 24025F0049/00P000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GP2Design
since 20082.343.126.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24025F0049/00P000 | Flanders | 598 m² | 1 · 78 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MAISON DEPARIS
BE 0832.884.065
Tournai · Eq €158k
TIKABI
BE 0787.352.859
Temse · Eq €155k
BELGIUM PREMIUM BRANDS
BE 0843.178.141
Torhout · Eq €160k
QUALITY MARKETING
BE 0423.107.664
La Hulpe · Eq €153k
BALES AND BARRELS
BE 0461.827.589
Sint-Gillis (bij-Brussel) · Eq €151k
Of 1,631 companies in sector 46170 we hold annual accounts for 660. 455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2008
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
47920Retail trade
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.