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GPFI

Active
Private limited companyfounded 201114 yrs activeOorlogskruisenlaan 120, 1120 Brussel, BelgiumKBO/BCE: BE 0841.832.811
Summary

GPFI has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48.5m and a net result of €9.8m. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 4626 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability88▼-12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 47.56 against 4.42 in 2023; short-term debt: 0.9% and cash: 27.4% of total assets), and 0.9% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.1%
Return on assets
20.1%
Age of the figures
21 mo
lowers risk · 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
highest failure risk from 2 to 8 years 14 years 0 20 y
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 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
22 d early
2023
22 d early
2022
54 d early
2021
54 d early
2020
32 d early
2019
28 d early
← 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 35 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · 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 15 December 2011, GPFI was incorporated.1 Total assets went from EUR 16 million in 2018 to EUR 49 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€787,110
EBIT margin
99.3%
Net result
€9.8m▼ 39.5%
2023 · €16.3m
Working capital
€21.3m▲ 57.3%
2023 · €13.5m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover
Operating result€2.7m▼ 31.8%€3.5m▲ 28.4%€4.8m▲ 35.0%€16.3m▲ 243%€9.6m▼ 41.4%
Net result€2.7mabove the sector's middle half▼ 29.2%€3.5mabove the sector's middle half▲ 30.2%€4.8mabove the sector's middle half▲ 34.7%€16.3mabove the sector's middle half▲ 242%€9.8mabove the sector's middle half▼ 39.5%
EBIT margin
Equity€14.1mabove the sector's middle half▲ 23.8%€17.6mabove the sector's middle half▲ 25.0%€22.4mabove the sector's middle half▲ 26.9%€38.7mabove the sector's middle half▲ 72.6%€48.5mabove the sector's middle half▲ 25.4%
Total assets€17.6mabove the sector's middle half▲ 6.6%€21.2mabove the sector's middle half▲ 20.3%€25.9mabove the sector's middle half▲ 21.9%€42.6mabove the sector's middle half▲ 64.8%€48.9mabove the sector's middle half▲ 14.8%
Debt€3.5m▼ 31.5%€3.6m▲ 1.4%€3.5m▼ 3.0%€4.0m▲ 14.6%€456,776▼ 88.5%
Working capital-€2.3mbelow the sector's middle half▲ 54.1%€1.2mabove the sector's middle half€2.3mabove the sector's middle half▲ 87.5%€13.5mabove the sector's middle half▲ 484%€21.3mabove the sector's middle half▲ 57.3%
Solvency80.1%above the sector's middle half▲ 11.1pp83.2%above the sector's middle half▲ 3.1pp86.6%above the sector's middle half▲ 3.4pp90.7%above the sector's middle half▲ 4.1pp99.1%above the sector's middle half▲ 8.4pp
Current ratio0.35below the sector's middle half▲ 0.321.35within the sector's middle half▲ 1.001.67within the sector's middle half▲ 0.324.42above the sector's middle half▲ 2.7547.56above the sector's middle half▲ 43.14
Return on assets (ROA)15.4%above the sector's middle half▼ 7.8pp16.6%above the sector's middle half▲ 1.3pp18.4%above the sector's middle half▲ 1.7pp38.1%above the sector's middle half▲ 19.8pp20.1%above the sector's middle half▼ 18.1pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€5.0m€10.0m€15.0mOperating result 2020: €2.7m€2.7mNet result 2020: €2.7m€2.7mOperating result 2021: €3.5m€3.5mNet result 2021: €3.5m€3.5mOperating result 2022: €4.8m€4.8mNet result 2022: €4.8m€4.8mOperating result 2023: €16.3m€16.3mNet result 2023: €16.3m€16.3mOperating result 2024: €9.6m€9.6mNet result 2024: €9.8m€9.8m20202021202220232024€0€5m€10m€15mOperating result 2022: €4.8m€4.8mNet result 2022: €4.8m€4.8mOperating result 2023: €16.3m€16mNet result 2023: €16.3m€16mOperating result 2024: €9.6m€9.6mNet result 2024: €9.8m€9.8m202220232024
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48.9m
Fixed assets €27.2m ▲ 8.3%
Current assets €21.7m ▲ 24.3%
Equity and liabilities €48.9m
Equity €48.5m ▲ 25.4%
Debt €456,776 ▼ 88.5%
Debt's share of the balance-sheet total falls from 9.3% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.01▼
2023 · 0.10
ROE
20.3%▼
2023 · 42.0%
Debt ≤ 1 year
€456,776▼
2023 · €4.0m
Income taxes
€3,251▲
2023 · -€2,249
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€42.6m€48.9m▲
Formation expenses20-€0
Fixed assets21/28€25.1m€27.2m▲
Financial fixed assets28€25.1m€27.2m▲
Current assets29/58€17.5m€21.7m▲
Amounts receivable after more than one year29€6.0m€6.0m=
Other amounts receivable291€6.0m€6.0m=
Amounts receivable within one year40/41€1.8m€2.3m▲
Trade receivables40€44,151€641,447▲
Other amounts receivable41€1.8m€1.6m▼
Cash at bank and in hand54/58€9.6m€13.4m▲
Deferred charges and accrued income490/1€12,443€1,618▼
Equity and liabilities
Total equity and liabilities10/49€42.6m€48.9m▲
Equity10/15€38.7m€48.5m▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€38.6m€48.5m▲
Amounts payable17/49€4.0m€456,776▼
Amounts payable within one year42/48€4.0m€456,776▼
Trade debts44€3.5m€187,602▼
Suppliers440/4€3.5m€187,602▼
Taxes, remuneration and social security45€181,137€31,674▼
Taxes450/3€181,137€31,674▼
Remuneration and social security454/9-€0
Other amounts payable47/48€300,000€237,500▼
Income statement Code20232024
Non-recurring operating income76A€1.0m-
Gross operating margin9900€16.3m€9.6m▼
Operating profit (loss)9901€16.3m€9.6m▼
Financial income75/76B€58,381€275,609▲
Recurring financial income75€58,381€275,609▲
Financial charges65/66B€119,007€305▼
Recurring financial charges65€119,007€305▼
Profit (loss) for the period before taxes9903€16.3m€9.8m▼
Income taxes67/77-€2,249€3,251▲
Profit (loss) for the period9904€16.3m€9.8m▼
Profit (loss) for the period to be appropriated9905€16.3m€9.8m▼
Appropriation of the result
Profit (loss) to be appropriated9906€38.6m€48.5m▲
Profit (loss) brought forward from the previous period14P€22.4m€38.6m▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€1.0m--
Other operating charges640/8-€348€3,138---
Gross operating margin9900€2.7m€3.5m€4.8m€16.3m€9.6m▼ 41.4%
Operating profit (loss)9901€2.7m€3.5m€4.8m€16.3m€9.6m▼ 41.4%
Financial income75/76B--€1,601€58,381€275,609▲ 372%
Recurring financial income75--€1,601€58,381€275,609▲ 372%
Financial charges65/66B-€81€2,766€119,007€305▼ 99.7%
Recurring financial charges65€30,278€81€2,766€119,007€305▼ 99.7%
Profit (loss) for the period before taxes9903€2.7m€3.5m€4.8m€16.3m€9.8m▼ 39.5%
Income taxes67/77--€8,153-€850-€2,249€3,251▲ 245%
Profit (loss) for the period9904€2.7m€3.5m€4.8m€16.3m€9.8m▼ 39.5%
Profit (loss) for the period to be appropriated9905€2.7m€3.5m€4.8m€16.3m€9.8m▼ 39.5%
Line20202021202220232024Change
Assets
Total assets20/58€17.6m€21.2m€25.9m€42.6m€48.9m▲ 14.8%
Formation expenses20----€0-
Fixed assets21/28€16.4m€16.4m€20.1m€25.1m€27.2m▲ 8.3%
Financial fixed assets28€16.4m€16.4m€20.1m€25.1m€27.2m▲ 8.3%
Current assets29/58€1.2m€4.8m€5.8m€17.5m€21.7m▲ 24.3%
Amounts receivable after more than one year29-€305,000€2.0m€6.0m€6.0m=
Other amounts receivable291-€305,000€2.0m€6.0m€6.0m=
Amounts receivable within one year40/41€800,000€310,420€701,640€1.8m€2.3m▲ 24.1%
Trade receivables40-€310,420€790€44,151€641,447▲ 1,353%
Other amounts receivable41--€700,850€1.8m€1.6m▼ 8.8%
Cash at bank and in hand54/58€113,495€4.2m€3.0m€9.6m€13.4m▲ 39.7%
Deferred charges and accrued income490/1---€12,443€1,618▼ 87.0%
Equity and liabilities
Total equity and liabilities10/49€17.6m€21.2m€25.9m€42.6m€48.9m▲ 14.8%
Equity10/15€14.1m€17.6m€22.4m€38.7m€48.5m▲ 25.4%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€14.1m€17.6m€22.4m€38.6m€48.5m▲ 25.4%
Amounts payable17/49€3.5m€3.6m€3.5m€4.0m€456,776▼ 88.5%
Amounts payable within one year42/48€3.5m€3.6m€3.5m€4.0m€456,776▼ 88.5%
Trade debts44€3.4m€3.5m€3.4m€3.5m€187,602▼ 94.6%
Suppliers440/4-€3.5m€3.4m€3.5m€187,602▼ 94.6%
Taxes, remuneration and social security45---€181,137€31,674▼ 82.5%
Taxes450/3---€181,137€31,674▼ 82.5%
Remuneration and social security454/9----€0-
Other amounts payable47/48-€50,000€50,000€300,000€237,500▼ 20.8%
Line20202021202220232024Change
Profit (loss) for the period9904€2.7m€3.5m€4.8m€16.3m€9.8m▼ 39.5%
Operating cash flow (approximation)€2.7m€3.5m€4.8m€16.3m€9.8m▼ 39.5%
Investment in fixed assets (approximation)-€0-€3.7m-€5.0m-€2.1m▲ 58.8%
Change in cash-€4.1m-€1.1m€6.6m€3.8m▼ 41.9%

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

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Timeline · acts, filings and financial milestones

2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Liquidity times 11current ratio 47.56
Current ratio from 4.42 to 47.56; short-term debt falls from €4.0m to €456,776.
09-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €16.3m ▲242%
Operating result €16.3m, net result €16.3m, both a record.
31-12
Financial Liquidity triplescurrent ratio 4.42
Current ratio from 1.67 to 4.42.
31-12
Financial Equity above €25mEq €38.7m ▲72.6%
6 profitable years in a row build equity to €38.7m.
07-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 1.35
Current ratio from 0.35 to 1.35.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Equity above €10mEq €11.4m ▲50.6%
2 profitable years in a row build equity to €11.4m.
Show earlier events
08-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
09-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Brussel · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
3,002 m²
Building footprint
1,835 m²
Volume, LiDAR
15,321 m³
Parcel 21819D0089/00R000, Brussels · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
34 companies at this address See who is registered here
1 establishment unit
GPFI
Oorlogskruisenlaan 120, 1120 BrusselHoldings
since 20112.205.190.278
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819D0089/00R000 Brussels 3,002 m² 1 · 1,835 m² 11.1 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.

Structure & network

Heads the group GPFI 20 companies Group, risk and exposure

Owners and holdings

18 holdings · 21 subsidiaries in the tree

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 18

Show 8 more holdings
All subsidiaries, including indirect ones 21

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of GPFI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

254900A7L3GW67Z45830
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 2,028 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
Founded15-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0841832811
Also 9925:BE0841832811

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

Register as of 30 September 2026 · Peppol Directory

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