GS HORECA SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of GS HORECA SERVICES is 6.2% (elevated). The 2024 annual accounts show equity of €226,460 and a net result of €118,196. Its solvency ranks better than 82% of 18934 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 243 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €1,897 | €115,752 | ▲ 6,003% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98 | €1,857 | ▲ 1,791% |
| Other operating charges640/8 | €1,195 | €5,706 | ▲ 378% |
| Gross operating margin9900 | €145,577 | €280,136 | ▲ 92.4% |
| Operating profit (loss)9901 | €142,388 | €156,820 | ▲ 10.1% |
| Financial income75/76B | €1,158 | €2,275 | ▲ 96.5% |
| Recurring financial income75 | €1,158 | €2,275 | ▲ 96.5% |
| Financial charges65/66B | €1,705 | €5,000 | ▲ 193% |
| Recurring financial charges65 | €1,705 | €5,000 | ▲ 193% |
| Profit (loss) for the period before taxes9903 | €141,840 | €154,095 | ▲ 8.6% |
| Income taxes67/77 | €35,576 | €35,900 | ▲ 0.9% |
| Profit (loss) for the period9904 | €106,264 | €118,196 | ▲ 11.2% |
| Profit (loss) for the period to be appropriated9905 | €106,264 | €118,196 | ▲ 11.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €167,931 | €337,605 | ▲ 101% |
| Fixed assets21/28 | €4,519 | €11,917 | ▲ 164% |
| Tangible fixed assets22/27 | €4,519 | €11,554 | ▲ 156% |
| Plant, machinery and equipment23 | €2,619 | €2,990 | ▲ 14.2% |
| Furniture and vehicles24 | €1,900 | €8,564 | ▲ 351% |
| Financial fixed assets28 | - | €363 | - |
| Current assets29/58 | €163,412 | €325,688 | ▲ 99.3% |
| Amounts receivable after more than one year29 | €65,000 | €65,000 | = |
| Other amounts receivable291 | €65,000 | €65,000 | = |
| Stocks and contracts in progress3 | €6,314 | €6,018 | ▼ 4.7% |
| Stocks30/36 | €6,314 | €6,018 | ▼ 4.7% |
| Amounts receivable within one year40/41 | - | €16,472 | - |
| Trade receivables40 | - | €15,572 | - |
| Other amounts receivable41 | - | €900 | - |
| Cash at bank and in hand54/58 | €92,098 | €237,856 | ▲ 158% |
| Deferred charges and accrued income490/1 | - | €341 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €167,931 | €337,605 | ▲ 101% |
| Equity10/15 | €108,264 | €226,460 | ▲ 109% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €106,264 | €224,460 | ▲ 111% |
| Amounts payable17/49 | €59,666 | €111,145 | ▲ 86.3% |
| Amounts payable within one year42/48 | €59,666 | €111,145 | ▲ 86.3% |
| Trade debts44 | €12,922 | €8,460 | ▼ 34.5% |
| Suppliers440/4 | €12,922 | €8,460 | ▼ 34.5% |
| Taxes, remuneration and social security45 | €45,615 | €92,944 | ▲ 104% |
| Taxes450/3 | €45,615 | €80,242 | ▲ 75.9% |
| Remuneration and social security454/9 | - | €12,702 | - |
| Other amounts payable47/48 | €1,129 | €9,740 | ▲ 762% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €106,264 | €118,196 | ▲ 11.2% |
| + Depreciation and write-downs630 | €98 | €1,857 | ▲ 1,791% |
| Operating cash flow (approximation) | €106,363 | €120,053 | ▲ 12.9% |
| Investment in fixed assets (approximation) | - | -€9,255 | - |
| Change in cash | - | €145,758 | - |
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
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.
Directors · office · real estate
2 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003R1155/00L000 | Wallonia | 2,551 m² | 1 · 1,870 m² | - |
| 54003T0682/00_000 | Wallonia | 585 m² | 1 · 42 m² | - |
| 54003R1198/00C000 | Wallonia | 367 m² | 1 · 350 m² | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.