GS Technology
BankruptcySummary
The KBO register records for GS Technology the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (-€105,696) and a net result of -€313,769.
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Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 27-06-2023, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
34 d early
2021
164 d early
2020
163 d early
2019
128 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 122 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Graphic design and visual communication sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
-€105,696
2021 · €26,872
Total assets
€885,540▲ 211%
2021 · €285,122
Net result
-€313,769
2021 · €258
Working capital
-€149,977
2021 · €42,313
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€10,905-€8,340▼ 23.5%€5,487▼ 34.2%-€264,648
Net result€8,457-€5,756within the sector's middle half▼ 31.9%€258within the sector's middle half▼ 95.5%-€313,769below the sector's middle half
Equity€20,857-€26,614within the sector's middle half▲ 27.6%€26,872within the sector's middle half▲ 1.0%-€105,696below the sector's middle half
Total assets€26,823-€194,807within the sector's middle half▲ 626%€285,122above the sector's middle half▲ 46.4%€885,540within the sector's middle half▲ 211%
Debt€5,966-€168,193▲ 2,719%€258,250▲ 53.5%€991,237▲ 284%
Working capital€16,171--€45,009below the sector's middle half€42,313within the sector's middle half-€149,977below the sector's middle half
Solvency77.8%-13.7%within the sector's middle half▼ 64.1pp9.4%below the sector's middle half▼ 4.2pp-11.9%below the sector's middle half▼ 21.4pp
Current ratio3.71-0.40below the sector's middle half▼ 3.311.26within the sector's middle half▲ 0.850.57below the sector's middle half▼ 0.69
Return on assets (ROA)31.5%-3.0%within the sector's middle half▼ 28.6pp0.1%within the sector's middle half▼ 2.9pp-35.4%below the sector's middle half▼ 35.5pp
Staff (FTE)3within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €264,648 after €5,487 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €822,540
Fixed assets
€626,943 ▲ 706%
Current assets
€195,598 ▼ 5.7%
Key figures and ratios
EBITDA
-€211,113▼
2021 · €19,183
Cash flow
-€260,235▼
2021 · €13,954
Quick ratio
0.48▼
2021 · 0.54
Debt to equity
-9.38▼
2021 · 3.47
Interest coverage
-15.93
Debt ≤ 1 year
€345,575▲
2021 · €165,006
Debt > 1 year
€645,662▲
2021 · €93,243
Income taxes
€308▲
2021 · €149
Staff costs
€80,268
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,130 | - |
| Remuneration, social security and pensions62 | - | - | - | €80,268 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,172 | €9,632 | €13,695 | €53,534 | ▲ 291% |
| Other operating charges640/8 | - | - | - | €681 | - |
| Operating charges capitalised as restructuring costs649 | - | - | - | -€70,000 | - |
| Gross operating margin9900 | €12,077 | €18,242 | €36,282 | -€200,164 | ▼ 652% |
| Operating profit (loss)9901 | €10,905 | €8,340 | €5,487 | -€264,648 | ▼ 4,923% |
| Financial income75/76B | - | - | - | €4,690 | - |
| Recurring financial income75 | €118 | €1,301 | €949 | €2,029 | ▲ 114% |
| Non-recurring financial income76B | - | - | - | €2,661 | - |
| Financial charges65/66B | - | - | - | €53,503 | - |
| Recurring financial charges65 | €244 | €3,726 | €6,029 | €13,251 | ▲ 120% |
| Non-recurring financial charges66B | - | - | - | €40,252 | - |
| Profit (loss) for the period before taxes9903 | €10,779 | €5,915 | €408 | -€313,460 | ▼ 77,002% |
| Income taxes67/77 | €2,322 | €159 | €149 | €308 | ▲ 107% |
| Profit (loss) for the period9904 | €8,457 | €5,756 | €258 | -€313,769 | ▼ 121,518% |
| Profit (loss) for the period to be appropriated9905 | €8,457 | €5,756 | €258 | -€313,769 | ▼ 121,518% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €26,823 | €194,807 | €285,122 | €885,540 | ▲ 211% |
| Formation expenses20 | - | - | - | €63,000 | - |
| Fixed assets21/28 | €4,687 | €164,299 | €77,803 | €626,943 | ▲ 706% |
| Tangible fixed assets22/27 | €4,687 | €164,299 | €77,803 | €625,754 | ▲ 704% |
| Plant, machinery and equipment23 | - | - | - | €379,728 | - |
| Furniture and vehicles24 | - | - | - | €8,141 | - |
| Leasing and similar rights25 | - | - | - | €237,884 | - |
| Financial fixed assets28 | - | - | - | €1,189 | - |
| Current assets29/58 | €22,136 | €30,508 | €207,320 | €195,598 | ▼ 5.7% |
| Stocks and contracts in progress3 | - | - | €118,273 | €28,814 | ▼ 75.6% |
| Stocks30/36 | - | - | - | €28,814 | - |
| Amounts receivable within one year40/41 | €11,085 | €29,894 | €78,372 | €162,129 | ▲ 107% |
| Trade receivables40 | - | - | - | €106,729 | - |
| Other amounts receivable41 | - | - | - | €55,400 | - |
| Cash at bank and in hand54/58 | €11,051 | €13 | - | €4,654 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €26,823 | €194,807 | €285,122 | €885,540 | ▲ 211% |
| Equity10/15 | €20,857 | €26,614 | €26,872 | -€105,696 | ▼ 493% |
| Contributions10/11 | €12,400 | - | - | €193,600 | - |
| Reserves13 | €8,457 | €14,214 | €14,472 | - | - |
| Profit (loss) carried forward14 | - | - | - | -€299,296 | - |
| Amounts payable17/49 | €5,966 | €168,193 | €258,250 | €991,237 | ▲ 284% |
| Amounts payable after more than one year17 | - | €92,676 | €93,243 | €645,662 | ▲ 592% |
| Financial debts170/4 | - | - | - | €645,662 | - |
| Amounts payable within one year42/48 | €5,966 | €75,517 | €165,006 | €345,575 | ▲ 109% |
| Current portion of amounts payable after more than one year42 | - | - | - | €64,136 | - |
| Financial debts43 | - | - | - | €40,000 | - |
| Credit institutions430/8 | - | - | - | €40,000 | - |
| Trade debts44 | €1,039 | €22,112 | €41,349 | €225,032 | ▲ 444% |
| Suppliers440/4 | - | - | - | €225,032 | - |
| Taxes, remuneration and social security45 | - | - | - | €16,407 | - |
| Taxes450/3 | - | - | - | €313 | - |
| Remuneration and social security454/9 | - | - | - | €16,093 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,457 | €5,756 | €258 | -€313,769 | ▼ 121,518% |
| + Depreciation and write-downs630 | €1,172 | €9,632 | €13,695 | €53,534 | ▲ 291% |
| Operating cash flow (approximation) | €9,629 | €15,389 | €13,954 | -€260,235 | ▼ 1,965% |
| Investment in fixed assets (approximation) | - | -€169,244 | €72,800 | -€602,674 | ▼ 928% |
| Change in cash | - | -€11,038 | - | - | - |
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
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€313,769
Net result drops to -€313,769, the lowest in the series.
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.26
Current ratio from 0.40 to 1.26.
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Essen · 1 establishment unit since 2019
Ground area
5.7 ha
Parcel 11016B0139/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
GS Technology
since 20192.286.161.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016B0139/00A000 | Flanders | 5.7 ha | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 4 entries · 20,417 EUR awarded · 24,354 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 266 EUR | 13,779 EUR |
| 2022 | 2 | 20,151 EUR | 10,575 EUR |
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Of 6,288 companies in sector 74120 we hold annual accounts for 1,011. 876 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
Founded05-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
18120Other printing
73110Advertising agencies
73200Market research and public opinion polling
73300Public relations and communication consultancy
74112Other professional, scientific and technical activities
Contact
E-mail
gianni@gsproject.designEssen
Phone
000000000Essen
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.