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GSGD

Active
Private limited companyfounded 2023active for 3 yearsRoute de Jalhay(Solwaster) 52, 4845 Jalhay, BelgiumKBO/BCE: BE 1000.442.855
Summary

GSGD has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€14,790) and a net result of -€8,716. Its solvency ranks better than 28% of 1,597 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 28-09-2023 Normal situation
Activity
Guest rooms (bed and breakfast) NACE 55204and 2 others
Establishment unit
2.350.312.176 4845 Jalhay, since 28-09-2023
Financial year end
31 December
Peppol
Reachable since 14-01-2026

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€49,729
▲ 61.2%
Turnover
≈ €200,000
estimated
Loss
€8,716
▼ 75.8%
Equity
-€14,790
▼ 144%
Total assets
€575,036
▼ 0.9%
  • Negative equity on 31-12-2025
Filed on 16-06-2026, 45 days before the deadline
Score breakdownraises riskCapped at 59: negative equityFounded in 2023Negative equity -€14,790lowers riskSize: total assets €575,036Figures for financial year 2025 (filed on 16-06-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies in accommodation (NACE 55)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 22-2
equity -2.6% of total assets
Liquidity 46-2
short-term debt 17.6% · cash 0.9%
Profitability 32+13
return on assets -1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,521 companies, NACE 55, micro)
Last 24 months 12-2024: 1.7% 01-2025: 2.0%▲ +0.3 percentage points vs 12-2024 02-2025: 2.1%▲ +0.1 percentage points vs 01-2025 03-2025: 2.3%▲ +0.2 percentage points vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.6%▲ +0.3 percentage points vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025highest value 07-2025: 2.5%▼ -0.1 percentage points vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 2.2%▼ -0.3 percentage points vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.1%▼ -0.1 percentage points vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 1.9%▼ -0.2 percentage points vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.2 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 0.8%▼ -1.6 percentage points vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.26 (0.01 in 2024), below 1. Short-term debt is 17.6% and cash 0.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro). It does better than 27% of them on solvency, 46% on liquidity, 29% on profitability and 4% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €575,036
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€14,790
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-06-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€14,790
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 16-06-2026, 45 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
45 days early
2024
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 11 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€14,790 View

Comparable companies

These companies have the same main activity as GSGD: guest rooms (bed and breakfast) (NACE 55204). They are comparable in size and age: total assets between €371,000 and €671,000, founded between 2021 and 2024.

CompanyTotal assetsGross margin
GSGD Jalhay€575,036€49,729
Ô CHAMPS Verviers€652,036€51,263
INVEST CONSULT LA PETITE FAGNE Spa€417,423€49,519
NCI Bocholt€453,505€47,500
AxNN Liège€670,663€47,336
V-Housing Lokeren€371,144€60,839
VAN LEEUWEN 117 Mons€507,066€30,469
Full comparison

Key facts about GSGD

What is the company number of GSGD?
The company number of GSGD is 1000.442.855. The VAT number is the same number with BE in front: BE 1000.442.855.
Where is GSGD based?
The registered office is at Route de Jalhay(Solwaster) 52, 4845 Jalhay.Company details
What does GSGD do?
According to the KBO register, the main activity is guest rooms (bed and breakfast) (NACE 55204).
What is the legal form of GSGD?
The legal form of GSGD is Private limited company (BV).
When was GSGD founded?
GSGD was founded on 28-09-2023.
Is GSGD still active?
Yes, GSGD is an active enterprise in the KBO register.
What is the turnover of GSGD?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €49,729 and 2,949 comparable companies of the same size. It probably lies between €120,000 and €360,000. It is a rough estimate.Financials
Is GSGD profitable?
In financial year 2025, GSGD made a loss of €8,716.
Where can I find the annual accounts of GSGD?
GSGD filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GSGD due?
GSGD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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