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GSC

Open bankruptcy
Private limited companyfounded 2018KBO/BCE: BE 0712.551.112

A bankruptcy procedure is open for GSC according to publications in the Belgian State Gazette; curator: LUDIVINE DEWELLE.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (-€206,643) and a net result of -€132,394.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Mons division
Declared bankrupt
29 April 2024
Supervising judge
Michel Marlot
Official Gazette
16-05-2024 (pdf) ↗search the document for 2024/120046

Deadlines

Provisional date payments stopped
29 April 2024A later judgment can change the date.art. XX.105 CEL
File the claim in RegSol until
passed on 29 May 2024art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 31 May 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 28 June 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 29 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Ludivine DewelleRue Notre-Dame 67, 7000 Mons- . Date provisoire de cessation de paiement : 29/04/2024l.dewelle@avocat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

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

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-04-2024, 118 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
118 d early
2022
42 d early
2021
88 d early
2020
46 d early
2019
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 69 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

GSC was incorporated on 24 October 2018.1 Revenue went from EUR 487,583 in 2019 to EUR 472,332 in 2023 and headcount from 6.7 to 8.3 full-time equivalents.2 On 29 April 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023
  3. 3Belgian State Gazette, 16-05-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€472,332▼ 3.6%
2022 · €489,899
EBIT margin
-26.2%▼ 16.1pp
2022 · -10.1%
Net result
-€132,394▼ 138%
2022 · -€55,670
Working capital
-€208,819▼ 235%
2022 · -€62,373
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service 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
Line20192020202120222023
Turnover€487,583-€317,523▼ 34.9%€380,790▲ 19.9%€489,899▲ 28.7%€472,332▼ 3.6%
Operating result-€25,005--€28,502▼ 14.0%€25,826-€49,498-€123,726▼ 150%
Net result-€31,322--€33,364below the sector's middle half▼ 6.5%€21,107above the sector's middle half-€55,670below the sector's middle half-€132,394below the sector's middle half▼ 138%
EBIT margin-5.1%--9.0%▼ 3.8pp6.8%▲ 15.8pp-10.1%▼ 16.9pp-26.2%▼ 16.1pp
Equity-€6,322--€39,686below the sector's middle half▼ 528%-€18,579below the sector's middle half▲ 53.2%-€74,249below the sector's middle half▼ 300%-€206,643below the sector's middle half▼ 178%
Total assets€125,343-€125,122within the sector's middle half▼ 0.2%€129,643within the sector's middle half▲ 3.6%€110,737within the sector's middle half▼ 14.6%€124,886within the sector's middle half▲ 12.8%
Debt€131,665-€164,808▲ 25.2%€148,222▼ 10.1%€184,985▲ 24.8%€331,529▲ 79.2%
Working capital-€22,401--€52,694below the sector's middle half▼ 135%-€32,939below the sector's middle half▲ 37.5%-€62,373below the sector's middle half▼ 89.4%-€208,819below the sector's middle half▼ 235%
Solvency-5.0%--31.7%below the sector's middle half▼ 26.7pp-14.3%below the sector's middle half▲ 17.4pp-67.0%below the sector's middle half▼ 52.7pp-165.5%below the sector's middle half▼ 98.4pp
Current ratio0.74-0.57within the sector's middle half▼ 0.160.72within the sector's middle half▲ 0.140.53within the sector's middle half▼ 0.180.30below the sector's middle half▼ 0.23
Return on assets (ROA)-25.0%--26.7%below the sector's middle half▼ 1.7pp16.3%within the sector's middle half▲ 42.9pp-50.3%below the sector's middle half▼ 66.6pp-106.0%below the sector's middle half▼ 55.7pp
Staff (FTE)6.7-7.6above the sector's middle half▲ 13.4%8.1▲ 6.6%8.1=8.3▲ 2.5%
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0€50,000Operating result 2019: -€25,005-€25,005Net result 2019: -€31,322-€31,322Operating result 2020: -€28,502-€28,502Net result 2020: -€33,364-€33,364Operating result 2021: €25,826€25,826Net result 2021: €21,107€21,107Operating result 2022: -€49,498-€49,498Net result 2022: -€55,670-€55,670Operating result 2023: -€123,726-€123,726Net result 2023: -€132,394-€132,39420192020202120222023-€150,000-€100,000-€50,000€0€50,000Operating result 2021: €25,826€25,800Net result 2021: €21,107€21,100Operating result 2022: -€49,498-€49,500Net result 2022: -€55,670-€55,700Operating result 2023: -€123,726-€124,000Net result 2023: -€132,394-€132,000202120222023
The operating result stays negative: a loss of €123,726 in 2023 against €49,498 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €124,886
Fixed assets €35,915 ▼ 9.2%
Current assets €88,971 ▲ 25.0%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€116,224▼
2022 · -€42,175
Cash flow
-€124,892▼
2022 · -€48,348
Quick ratio
0.28▼
2022 · 0.48
Debt to equity
-1.60▲
2022 · -2.49
Interest coverage
-13.50▼
2022 · -6.96
Debt ≤ 1 year
€297,791▲
2022 · €133,559
Debt > 1 year
€33,738▼
2022 · €51,426
Income taxes
€132▲
2022 · €120
Staff costs
€294,858▲
2022 · €282,352
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 · 2023 against 2022 · 49 lines
Balance sheet Code20222023
Assets
Total assets20/58€110,737€124,886▲
Fixed assets21/28€39,550€35,915▼
Intangible fixed assets21€37,917€31,417▼
Tangible fixed assets22/27€1,061€3,926▲
Plant, machinery and equipment23-€3,652
Furniture and vehicles24€630€274▼
Other tangible fixed assets26€431€0▼
Financial fixed assets28€573€573=
Current assets29/58€71,186€88,971▲
Stocks and contracts in progress3€7,320€6,810▼
Stocks30/36€7,320€6,810▼
Amounts receivable within one year40/41€7,356€32,471▲
Trade receivables40€5,641€32,180▲
Other amounts receivable41€1,715€291▼
Cash at bank and in hand54/58€29,762€25,480▼
Deferred charges and accrued income490/1€26,748€24,211▼
Equity and liabilities
Total equity and liabilities10/49€110,737€124,886▲
Equity10/15-€74,249-€206,643▼
Contributions10/11€25,000€25,000=
Profit (loss) carried forward14-€99,249-€231,643▼
Amounts payable17/49€184,985€331,529▲
Amounts payable after more than one year17€51,426€33,738▼
Financial debts170/4€51,426€33,738▼
Amounts payable within one year42/48€133,559€297,791▲
Current portion of amounts payable after more than one year42€17,062€17,688▲
Trade debts44€97,322€185,071▲
Suppliers440/4€97,322€185,071▲
Taxes, remuneration and social security45€19,175€93,651▲
Taxes450/3€624€48,963▲
Remuneration and social security454/9€18,551€44,687▲
Other amounts payable47/48-€1,381
Income statement Code20222023
Turnover70€489,899€472,332▼
Goods, raw materials, services and sundry goods60/61€249,145€286,083▲
Remuneration, social security and pensions62€282,352€294,858▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,322€7,502▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,636
Other operating charges640/8€577€1,980▲
Gross operating margin9900€240,754€186,250▼
Operating profit (loss)9901-€49,498-€123,726▼
Financial income75/76B€3€72▲
Recurring financial income75€3€72▲
Financial charges65/66B€6,056€8,609▲
Recurring financial charges65€6,056€8,609▲
Profit (loss) for the period before taxes9903-€55,550-€132,262▼
Income taxes67/77€120€132▲
Profit (loss) for the period9904-€55,670-€132,394▼
Profit (loss) for the period to be appropriated9905-€55,670-€132,394▼
Appropriation of the result
Profit (loss) to be appropriated9906-€99,249-€231,643▼
Profit (loss) brought forward from the previous period14P-€43,579-€99,249▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70€487,583€317,523€380,790€489,899€472,332▼ 3.6%
Goods, raw materials, services and sundry goods60/61--€161,955€249,145€286,083▲ 14.8%
Remuneration, social security and pensions62--€184,378€282,352€294,858▲ 4.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,661€8,281€8,118€7,322€7,502▲ 2.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€5,636-
Other operating charges640/8--€513€577€1,980▲ 243%
Gross operating margin9900€239,242€156,689€218,835€240,754€186,250▼ 22.6%
Operating profit (loss)9901-€25,005-€28,502€25,826-€49,498-€123,726▼ 150%
Financial income75/76B--€0€3€72▲ 2,128%
Recurring financial income75€2€2€0€3€72▲ 2,128%
Financial charges65/66B--€4,609€6,056€8,609▲ 42.2%
Recurring financial charges65€6,290€4,756€4,609€6,056€8,609▲ 42.2%
Profit (loss) for the period before taxes9903-€31,293-€33,255€21,217-€55,550-€132,262▼ 138%
Income taxes67/77€29€109€110€120€132▲ 10.0%
Profit (loss) for the period9904-€31,322-€33,364€21,107-€55,670-€132,394▼ 138%
Profit (loss) for the period to be appropriated9905-€31,322-€33,364€21,107-€55,670-€132,394▼ 138%
Line20192020202120222023Change
Assets
Total assets20/58€125,343€125,122€129,643€110,737€124,886▲ 12.8%
Fixed assets21/28€62,631€54,350€46,520€39,550€35,915▼ 9.2%
Intangible fixed assets21€58,833€51,561€44,417€37,917€31,417▼ 17.1%
Tangible fixed assets22/27€3,225€2,216€1,530€1,061€3,926▲ 270%
Plant, machinery and equipment23----€3,652-
Furniture and vehicles24--€583€630€274▼ 56.6%
Other tangible fixed assets26--€947€431€0▼ 100%
Financial fixed assets28€573€573€573€573€573=
Current assets29/58€62,712€70,772€83,123€71,186€88,971▲ 25.0%
Stocks and contracts in progress3€7,981€9,488€7,563€7,320€6,810▼ 7.0%
Stocks30/36--€7,563€7,320€6,810▼ 7.0%
Amounts receivable within one year40/41€1,438€5,222€2,982€7,356€32,471▲ 341%
Trade receivables40--€1,103€5,641€32,180▲ 470%
Other amounts receivable41--€1,879€1,715€291▼ 83.0%
Cash at bank and in hand54/58€29,771€11,110€48,056€29,762€25,480▼ 14.4%
Deferred charges and accrued income490/1--€24,522€26,748€24,211▼ 9.5%
Equity and liabilities
Total equity and liabilities10/49€125,343€125,122€129,643€110,737€124,886▲ 12.8%
Equity10/15-€6,322-€39,686-€18,579-€74,249-€206,643▼ 178%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Profit (loss) carried forward14-€31,322-€64,686-€43,579-€99,249-€231,643▼ 133%
Amounts payable17/49€131,665€164,808€148,222€184,985€331,529▲ 79.2%
Amounts payable after more than one year17€46,552€41,342€32,160€51,426€33,738▼ 34.4%
Financial debts170/4--€32,160€51,426€33,738▼ 34.4%
Amounts payable within one year42/48€85,113€123,466€116,062€133,559€297,791▲ 123%
Current portion of amounts payable after more than one year42--€9,182€17,062€17,688▲ 3.7%
Trade debts44€49,875€100,337€83,458€97,322€185,071▲ 90.2%
Suppliers440/4--€83,458€97,322€185,071▲ 90.2%
Taxes, remuneration and social security45--€23,422€19,175€93,651▲ 388%
Taxes450/3--€11,653€624€48,963▲ 7,750%
Remuneration and social security454/9--€11,770€18,551€44,687▲ 141%
Other amounts payable47/48----€1,381-
Line20192020202120222023Change
Profit (loss) for the period9904-€31,322-€33,364€21,107-€55,670-€132,394▼ 138%
+ Depreciation and write-downs630€9,661€8,281€8,118€7,322€7,502▲ 2.5%
Operating cash flow (approximation)-€21,661-€25,083€29,225-€48,348-€124,892▼ 158%
Investment in fixed assets (approximation)-€0-€288-€353-€3,867▼ 997%
Change in cash--€18,661€36,945-€18,294-€4,282▲ 76.6%

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
02-08
KBO administration Address struck
16-05
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 29-04-2024
04-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€132,394
Net result drops to -€132,394, the lowest in the series.
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €21,107
Net result €21,107 after 2 loss-making years.
15-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Mons · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
7.1 ha
Building footprint
4.4 ha
Volume, LiDAR
360,516 m³
2 parcels, Wallonia · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L'Atelier de Coiffure
Place des Grands Prés 1, 7000 MonsRetail trade
since 20182.281.255.007
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53402A0191/00H015 Wallonia 7.0 ha 1 · 4.4 ha 14.3 m · 3 fl.
53402A0200/00F002 Wallonia 413 m² 1 · 105 m² 5.5 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LUDIVINE DEWELLE
RUE NOTRE-DAME 67, 7000 MONS- . Date provisoire de cessation de paiement : 29/04/2024
29-04-2024 → present

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 21,732 companies in sector 96210 we hold annual accounts for 2,835. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-10-2018
Fiscal year end31-12
Trade name FR L'Atelier de Coiffure
Activities, NACEBEL 2025
96210Hairdressing and barber services
Contact
Phone 0477/560497
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 29 September 2026 · Peppol Directory

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