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GPLUS

Active
Private limited companyfounded 200026 yrs activeRue de Renory 111, 4031 Liège, BelgiumKBO/BCE: BE 0470.120.693
Summary

GPLUS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €21k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 18% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+21
Solvency42▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 0.89 in 2024; short-term debt: 22.7% of total assets), but 83.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.7%
Return on assets
8.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 12707 sector peers (2025).
NBB · sector comparison
Position among 12707 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
30 d late
2023
58 d late
2022
29 d late
2021
91 d late
2019
59 d late
2018
31 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21k▲ 363%
2024 · €5k
2018: €-11k 2019: €28k 2021: €6k 2022: €347 2023: €2k 2024: €5k
2018 → 2025
Working capital
€29k
2024 · €-10k
2018: €34k 2019: €48k 2021: €54k 2022: €56k 2023: €57k 2024: €-10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€62k-€63k▲ 0.6%€64k▲ 2.5%€19k▼ 70.6%€40k▲ 113%
Operating result€6k-€570▼ 89.9%€3k▲ 499%€14k▲ 306%€47k▲ 238%
Net result€6k-€347▼ 94.0%€2k▲ 343%€5k▲ 201%€21k▲ 363%
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €6k€6kNet result 2021: €6k€6kOperating result 2022: €570€570Net result 2022: €347€347Operating result 2023: €3k€3kNet result 2023: €2k€2kOperating result 2024: €14k€14kNet result 2024: €5k€5kOperating result 2025: €47k€47kNet result 2025: €21k€21k20212022202320242025€0€20k€40kOperating result 2023: €3k€3.4kNet result 2023: €2k€1.5kOperating result 2024: €14k€14kNet result 2024: €5k€4.6kOperating result 2025: €47k€47kNet result 2025: €21k€21k202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 238% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets €158k ▲ 76.5%
Current assets €84k ▲ 5.7%
Equity and liabilities €241k
Equity €40k ▲ 113%
Debt €201k ▲ 34.4%
Debt's share of the balance-sheet total falls from 88.8% to 83.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€71k▲
2024 · €28k
Cash flow
€46k▲
2024 · €19k
Current ratio
1.52▲
2024 · 0.89
Debt to equity
4.99▼
2024 · 7.92
ROE
53.1%▲
2024 · 24.5%
ROA
8.9%▲
2024 · 2.7%
Interest coverage
4.55▲
2024 · 2.98
Debt ≤ 1 year
€55k▼
2024 · €89k
Debt > 1 year
€146k▲
2024 · €60k
Income taxes
€10k▲
2024 · €2k
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 · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€169k€241k▲
Fixed assets21/28€89k€158k▲
Intangible fixed assets21€21k€51k▲
Tangible fixed assets22/27€68k€107k▲
Land and buildings22€61k€106k▲
Plant, machinery and equipment23€934-
Furniture and vehicles24-€421
Leasing and similar rights25€6k-
Current assets29/58€79k€84k▲
Amounts receivable after more than one year29€55k€25k▼
Other amounts receivable291€55k€25k▼
Amounts receivable within one year40/41€20k€56k▲
Trade receivables40€6k€41k▲
Other amounts receivable41€14k€15k▲
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€169k€241k▲
Equity10/15€19k€40k▲
Contributions10/11€6k€6k=
Reserves13€2k€23k▲
Distributable reserves133€2k€23k▲
Profit (loss) carried forward14€11k€11k▲
Amounts payable17/49€150k€201k▲
Amounts payable after more than one year17€60k€146k▲
Financial debts170/4€60k€146k▲
Amounts payable within one year42/48€89k€55k▼
Current portion of amounts payable after more than one year42€10k€13k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€19k€32k▲
Taxes450/3€19k€32k▲
Other amounts payable47/48€54k€594▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€24k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€3k€4k▲
Gross operating margin9900€33k€77k▲
Operating profit (loss)9901€14k€47k▲
Financial income75/76B€3k-
Recurring financial income75€3k-
Financial charges65/66B€10k€16k▲
Recurring financial charges65€10k€16k▲
Profit (loss) for the period before taxes9903€7k€31k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€5k€21k▲
Profit (loss) for the period to be appropriated9905€5k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€32k▼
Profit (loss) brought forward from the previous period14P€56k€11k▼
Transfer to equity691/2-€21k
To other reserves6921-€21k
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 91 days late
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
31-12
Financial Back to profitnet €28k
Net result €28k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
05-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 370 days late
05-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 735 days late
2015
31-10
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Liège
exact location from the address register On OpenStreetMap
Ground area
92 m²
Building footprint
54 m²
Volume, LiDAR
619 m³
Parcel 62002B0203/00G003, Wallonia · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62002B0203/00G003 Wallonia 92 m² 1 · 54 m² 12.6 m · 4 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

Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-01-2000
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

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