GPCB
ActiveSummary
GPCB has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €238k and a net result of €-4k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 87 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability68▲+4
Solvency76▼-24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.59 against 1.86 in 2025; short-term debt: 48.2% and cash: 28.3% of total assets), and 49.3% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 20-09-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
41 d early
2025
88 d early
2024
23 d early
2023
50 d early
2022
45 d early
2021
26 d early
2020
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€238k▼ 39.4%
2025 · €392k
2019: €665k
2020: €666k▲ +0.2% vs 2019
2021: €917k▲ +37.6% vs 2020highest in 8 years
2022: €897k▼ -2.1% vs 2021
2023: €873k▼ -2.8% vs 2022
2024: €409k▼ -53.1% vs 2023
2025: €392k▼ -4.2% vs 2024
2026: €238k▼ -39.4% vs 2025lowest in 8 years
2019 → 2026
Total assets
€468k▼ 6.5%
2025 · €501k
2019: €1.21M
2020: €1.13M▼ -6.6% vs 2019
2021: €1.37M▲ +21.6% vs 2020highest in 8 years
2022: €1.08M▼ -21.6% vs 2021
2023: €1.04M▼ -3.5% vs 2022
2024: €552k▼ -46.8% vs 2023
2025: €501k▼ -9.3% vs 2024
2026: €468k▼ -6.5% vs 2025lowest in 8 years
2019 → 2026
Net result
€-4k▲ 74.0%
2025 · €-17k
2019: €927
2020: €2k▲ +74.1% vs 2019
2021: €251k▲ +15424% vs 2020highest in 8 years
2022: €-19k▼ -108% vs 2021
2023: €-25k▼ -27.2% vs 2022lowest in 8 years
2024: €-13k▲ +46.7% vs 2023
2025: €-17k▼ -31.3% vs 2024
2026: €-4k▲ +74.0% vs 2025
2019 → 2026
Working capital
€-93k
2025 · €59k
2019: €447k
2020: €453k▲ +1.5% vs 2019
2021: €686k▲ +51.3% vs 2020highest in 8 years
2022: €577k▼ -15.9% vs 2021
2023: €538k▼ -6.8% vs 2022
2024: €83k▼ -84.5% vs 2023
2025: €59k▼ -29.2% vs 2024
2026: €-93k▼ -258% vs 2025lowest in 8 years
2019 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€897k-€873k▼ 2.8%€409k▼ 53.1%€392k▼ 4.2%€238k▼ 39.4%
2022: €897khighest in 5 years
2023: €873k▼ -2.8% vs 2022
2024: €409k▼ -53.1% vs 2023
2025: €392k▼ -4.2% vs 2024
2026: €238k▼ -39.4% vs 2025lowest in 5 years
Operating result€-10k-€-11k▼ 12.4%€-2k▲ 81.5%€-13k▼ 528%€-1k▲ 89.2%
2022: €-10k
2023: €-11k▼ -12.4% vs 2022
2024: €-2k▲ +81.5% vs 2023
2025: €-13k▼ -528% vs 2024lowest in 5 years
2026: €-1k▲ +89.2% vs 2025highest in 5 years
Net result€-19k-€-25k▼ 27.2%€-13k▲ 46.7%€-17k▼ 31.3%€-4k▲ 74.0%
2022: €-19k
2023: €-25k▼ -27.2% vs 2022lowest in 5 years
2024: €-13k▲ +46.7% vs 2023
2025: €-17k▼ -31.3% vs 2024
2026: €-4k▲ +74.0% vs 2025highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2026 against €13k in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €468k
Fixed assets
€336k ▼ 10.1%
Current assets
€132k ▲ 4.0%
Equity and liabilities €468k
Equity
€238k ▼ 39.4%
Debt
€231k ▲ 112%
Debt's share of the balance-sheet total rises from 21.8% to 49.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€43k▲
2025 · €32k
Cash flow
€40k▲
2025 · €28k
Current ratio
0.59▼
2025 · 1.86
Debt to equity
0.97▲
2025 · 0.28
ROE
-1.9%▲
2025 · -4.4%
ROA
-1.0%▲
2025 · -3.5%
Interest coverage
15.49▲
2025 · 7.75
Debt ≤ 1 year
€226k▲
2025 · €68k
Debt > 1 year
€3k▼
2025 · €41k
Income taxes
€281▲
2025 · €146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 47 lines
Balance sheet
Code20252026
Assets
Total assets20/58€501k€468k▼
Fixed assets21/28€374k€336k▼
Tangible fixed assets22/27€374k€336k▼
Land and buildings22€370k€333k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€259€259=
Current assets29/58€127k€132k▲
Amounts receivable within one year40/41€1k€76▼
Trade receivables40€410-
Other amounts receivable41€689€76▼
Cash at bank and in hand54/58€126k€132k▲
Equity and liabilities
Total equity and liabilities10/49€501k€468k▼
Equity10/15€392k€238k▼
Contributions10/11€19k€19k=
Reserves13€288k€138k▼
Distributable reserves133€288k€138k▼
Profit (loss) carried forward14€85k€81k▼
Amounts payable17/49€109k€231k▲
Amounts payable after more than one year17€41k€3k▼
Financial debts170/4€41k€3k▼
Amounts payable within one year42/48€68k€226k▲
Current portion of amounts payable after more than one year42€36k€38k▲
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45-€141
Taxes450/3-€141
Other amounts payable47/48€32k€187k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€45k▼
Other operating charges640/8€14k€14k▼
Gross operating margin9900€46k€57k▲
Operating profit (loss)9901€-13k€-1k▲
Financial income75/76B€25k€0▼
Recurring financial income75€16€0▼
Non-recurring financial income76B€25k-
Financial charges65/66B€29k€3k▼
Recurring financial charges65€4k€3k▼
Non-recurring financial charges66B€25k-
Profit (loss) for the period before taxes9903€-17k€-4k▲
Income taxes67/77€146€281▲
Profit (loss) for the period9904€-17k€-4k▲
Profit (loss) for the period to be appropriated9905€-17k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€81k▼
Profit (loss) brought forward from the previous period14P€103k€85k▼
Transfer from equity791/2-€150k
Profit to be distributed694/7-€150k
Return on contributions (dividend)694-€150k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €46k | €44k | €45k | €45k | ▼ 1.5% |
| Other operating charges640/8 | €12k | €26k | €14k | €14k | €14k | ▼ 4.1% |
| Gross operating margin9900 | €47k | €60k | €56k | €46k | €57k | ▲ 22.8% |
| Operating profit (loss)9901 | €-10k | €-11k | €-2k | €-13k | €-1k | ▲ 89.2% |
| Financial income75/76B | - | €421k | €216k | €25k | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €421k | €85 | €16 | €0 | ▼ 98.9% |
| Non-recurring financial income76B | - | €421k | €215k | €25k | - | - |
| Financial charges65/66B | €9k | €432k | €227k | €29k | €3k | ▼ 90.4% |
| Recurring financial charges65 | €9k | €8k | €6k | €4k | €3k | ▼ 32.6% |
| Non-recurring financial charges66B | - | €424k | €221k | €25k | - | - |
| Profit (loss) for the period before taxes9903 | €-19k | €-23k | €-13k | €-17k | €-4k | ▲ 75.4% |
| Income taxes67/77 | €428 | €2k | €84 | €146 | €281 | ▲ 91.6% |
| Profit (loss) for the period9904 | €-19k | €-25k | €-13k | €-17k | €-4k | ▲ 74.0% |
| Profit (loss) for the period to be appropriated9905 | €-19k | €-25k | €-13k | €-17k | €-4k | ▲ 74.0% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.08M | €1.04M | €552k | €501k | €468k | ▼ 6.5% |
| Fixed assets21/28 | €465k | €449k | €407k | €374k | €336k | ▼ 10.1% |
| Tangible fixed assets22/27 | €464k | €448k | €407k | €374k | €336k | ▼ 10.1% |
| Land and buildings22 | €456k | €444k | €402k | €370k | €333k | ▼ 9.8% |
| Furniture and vehicles24 | €8k | €4k | €5k | €4k | €2k | ▼ 38.4% |
| Financial fixed assets28 | €359 | €259 | €259 | €259 | €259 | = |
| Current assets29/58 | €612k | €590k | €146k | €127k | €132k | ▲ 4.0% |
| Amounts receivable within one year40/41 | €4k | €4k | €2k | €1k | €76 | ▼ 93.1% |
| Trade receivables40 | €3k | €883 | - | €410 | - | - |
| Other amounts receivable41 | €437 | €3k | €2k | €689 | €76 | ▼ 89.0% |
| Cash at bank and in hand54/58 | €608k | €586k | €121k | €126k | €132k | ▲ 4.9% |
| Deferred charges and accrued income490/1 | - | - | €23k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.08M | €1.04M | €552k | €501k | €468k | ▼ 6.5% |
| Equity10/15 | €897k | €873k | €409k | €392k | €238k | ▼ 39.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Outside capital11 | - | - | €19k | - | - | - |
| Other1109/19 | - | - | €19k | - | - | - |
| Reserves13 | €738k | €738k | €288k | €288k | €138k | ▼ 52.0% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €736k | €736k | €288k | €288k | €138k | ▼ 52.0% |
| Profit (loss) carried forward14 | €141k | €116k | €103k | €85k | €81k | ▼ 5.3% |
| Amounts payable17/49 | €179k | €166k | €143k | €109k | €231k | ▲ 112% |
| Amounts payable after more than one year17 | €142k | €111k | €77k | €41k | €3k | ▼ 92.1% |
| Financial debts170/4 | €142k | €111k | €77k | €41k | €3k | ▼ 92.1% |
| Amounts payable within one year42/48 | €35k | €52k | €62k | €68k | €226k | ▲ 230% |
| Current portion of amounts payable after more than one year42 | €35k | €33k | €35k | €36k | €38k | ▲ 4.2% |
| Trade debts44 | - | €3k | €2k | - | €1k | - |
| Suppliers440/4 | - | €3k | €2k | - | €1k | - |
| Taxes, remuneration and social security45 | - | €13k | €22k | - | €141 | - |
| Taxes450/3 | - | €13k | €22k | - | €141 | - |
| Other amounts payable47/48 | - | €3k | €3k | €32k | €187k | ▲ 480% |
| Accrued charges and deferred income492/3 | €3k | €3k | €4k | - | €2k | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-19k | €-25k | €-13k | €-17k | €-4k | ▲ 74.0% |
| + Depreciation and write-downs630 | €45k | €46k | €44k | €45k | €45k | ▼ 1.5% |
| Operating cash flow (approximation) | €25k | €21k | €31k | €28k | €40k | ▲ 43.5% |
| Investment in fixed assets (approximation) | - | €-30k | €-2k | €-12k | €-7k | ▲ 45.1% |
| Change in cash | - | €-22k | €-465k | €5k | €6k | ▲ 18.8% |
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
Next filing, fiscal year 2027, expected by
2026
20-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 17.71
Current ratio from 4.76 to 17.71; short-term debt falls from €182k to €35k.
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €251k ▲15,424%
Net result €251k, the highest in the series.
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Chaumont-Gistoux · 1 establishment unit since 1999
Ground area
5,418 m²
Building footprint
98 m²
Volume, LiDAR
549 m³
2 parcels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Sables 5, 1325 Chaumont-Gistoux
since 19992.090.861.724
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025C0108/00Y002 | Wallonia | 4,108 m² | - | - |
| 25018E0205/00H000 | Wallonia | 1,310 m² | 1 · 98 m² | 7.0 m · 2 fl. |
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 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,773 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
Founded22-03-1999
Fiscal year end31-03
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.