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GSIMENON

Bankruptcy closed
Private limited company (pre-2019)founded 1977Route du Condroz 320, 4550 Nandrin, BelgiumKBO/BCE: BE 0417.174.432

Inactive since 11-06-2026; last annual accounts for fiscal year 2017.

Summary

GSIMENON was declared bankrupt on 20-07-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 09-06-2026, published in the Belgian State Gazette on 26-06-2026.

GSIMENONBankruptcy closed

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 26-06-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 22-08-2018, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2021
not filed
2020
not filed
2019
not filed
2018
not filed
2017
22 d late
2016
198 d late
2015
115 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 112 days after the deadline; the sector median for financial year 2021 is 16 days after the deadline, and 58% 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
UBO non-compliance

History

GSIMENON was incorporated on 28 April 1977.1 Revenue fell from EUR 20,515 in 2013 to EUR 1,930 in 2017.2 On 20 July 2023 the company was declared bankrupt; the bankruptcy was closed on 9 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2013 and 2017
  3. 3Belgian State Gazette, 27-07-2023
  4. 4Belgian State Gazette, 26-06-2026

Go further with this company

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

Financials · fiscal year 2017, full schema

Turnover
€1,930▼ 78.4%
2016 · €8,939
EBIT margin
60.6%▲ 40.6pp
2016 · 20.0%
Net result
-€17
2016 · €330
Working capital
€1,242▼ 1.4%
2016 · €1,259
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20132014201520162017
Turnover€20,515-€6,212▼ 69.7%€5,699▼ 8.3%€8,939▲ 56.9%€1,930▼ 78.4%
Operating result€18,899-€921▼ 95.1%€1,211▲ 31.4%€1,789▲ 47.8%€1,169▼ 34.6%
Net result€16,797-€15▼ 99.9%€53▲ 254%€330▲ 518%-€17
EBIT margin92.1%-14.8%▼ 77.3pp21.2%▲ 6.4pp20.0%▼ 1.2pp60.6%▲ 40.6pp
Equity€860-€876▲ 1.8%€929▲ 6.1%€1,259▲ 35.5%€1,242▼ 1.4%
Total assets€9,911-€6,056▼ 38.9%€2,904▼ 52.0%€7,292▲ 151%€7,335▲ 0.6%
Debt€9,051-€5,180▼ 42.8%€1,975▼ 61.9%€6,033▲ 205%€6,094▲ 1.0%
Working capital€860-€876▲ 1.8%€929▲ 6.1%€1,259▲ 35.5%€1,242▼ 1.4%
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000€20,000Operating result 2013: €18,899€18,899Net result 2013: €16,797€16,797Operating result 2014: €921€921Net result 2014: €15€15Operating result 2015: €1,211€1,211Net result 2015: €53€53Operating result 2016: €1,789€1,789Net result 2016: €330€330Operating result 2017: €1,169€1,169Net result 2017: -€17-€1720132014201520162017-€500€0€500€1,000€1,500€2,000Operating result 2015: €1,211€1,210Net result 2015: €53€53Operating result 2016: €1,789€1,790Net result 2016: €330€330Operating result 2017: €1,169€1,170Net result 2017: -€17-€17201520162017
The operating result falls in 2017; 2017 is 35% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €7,335
Equity €1,242 ▼ 1.4%
Debt €6,094 ▲ 1.0%
Debt's share of the balance-sheet total rises from 82.7% to 83.1%. Equity is lower and debt is higher.
Key figures and ratios
2017 value · change against 2016
Current ratio
1.20▼
2016 · 1.21
ROE
-1.4%▼
2016 · 26.2%
ROA
-0.2%▼
2016 · 4.5%
Debt ≤ 1 year
€6,094▲
2016 · €6,033
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 · 2017 against 2016 · 19 lines
Balance sheet Code20162017
Assets
Total assets20/58€7,292€7,335▲
Current assets29/58€7,292€7,335▲
Amounts receivable within one year40/41€7,292€7,335▲
Cash at bank and in hand54/58-€0
Equity and liabilities
Total equity and liabilities10/49€7,292€7,335▲
Equity10/15€1,259€1,242▼
Contributions10/11€18,592€18,592=
Reserves13€1,859€1,859=
Profit (loss) carried forward14-€19,192-€19,210▼
Amounts payable17/49€6,033€6,094▲
Amounts payable within one year42/48€6,033€6,094▲
Trade debts44€100€459▲
Income statement Code20162017
Turnover70€8,939€1,930▼
Gross operating margin9900€2,257€1,637▼
Operating profit (loss)9901€1,789€1,169▼
Recurring financial charges65€1,459€1,187▼
Profit (loss) for the period before taxes9903€330-€17▼
Profit (loss) for the period9904€330-€17▼
Profit (loss) for the period to be appropriated9905€330-€17▼
Line20132014201520162017Change
Turnover70€20,515€6,212€5,699€8,939€1,930▼ 78.4%
Gross operating margin9900€18,899€1,754€1,798€2,257€1,637▼ 27.5%
Operating profit (loss)9901€18,899€921€1,211€1,789€1,169▼ 34.6%
Recurring financial charges65€2,102€906€1,157€1,459€1,187▼ 18.7%
Profit (loss) for the period before taxes9903€16,797€15€53€330-€17▼ 105%
Profit (loss) for the period9904€16,797€15€53€330-€17▼ 105%
Profit (loss) for the period to be appropriated9905€16,797€15€53€330-€17▼ 105%
Line20132014201520162017Change
Assets
Total assets20/58€9,911€6,056€2,904€7,292€7,335▲ 0.6%
Fixed assets21/28€0-----
Tangible fixed assets22/27€0-----
Current assets29/58€9,911€6,056€2,904€7,292€7,335▲ 0.6%
Amounts receivable within one year40/41€9,911€6,056€2,904€7,292€7,335▲ 0.6%
Cash at bank and in hand54/58€0-€0-€0-
Equity and liabilities
Total equity and liabilities10/49€9,911€6,056€2,904€7,292€7,335▲ 0.6%
Equity10/15€860€876€929€1,259€1,242▼ 1.4%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€19,591-€19,576-€19,522-€19,192-€19,210▼ 0.1%
Amounts payable17/49€9,051€5,180€1,975€6,033€6,094▲ 1.0%
Amounts payable within one year42/48€9,051€5,180€1,975€6,033€6,094▲ 1.0%
Trade debts44€486€250€208€100€459▲ 359%
Line20132014201520162017Change
Profit (loss) for the period9904€16,797€15€53€330-€17▼ 105%
Operating cash flow (approximation)€16,797€15€53€330-€17▼ 105%

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

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Timeline · acts, filings and financial milestones

2026
26-06
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · event 09-06-2026
2024
01-03
KBO administration UBO non-compliance
event 22-02-2024
2023
27-07
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 20-07-2023
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 22 days late
14-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 198 days late
2017
31-12
Financial Weakest financial yearnet -€17
Net result drops to -€17, the lowest in the series.
2016
23-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 115 days late
05-02
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 189 days late
2014
28-11
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 120 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
28-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 28 days late
2011
24-08
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 24 days late
2010
28-07
NBB filing Annual accounts filed
fiscal year 2009 · full schema
2009
23-06
NBB filing Annual accounts filed
fiscal year 2008 · full 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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Nandrin
approximate (street level) On OpenStreetMap
Ground area
953 m²
Parcel 61043A0041/00T000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61043A0041/00T000indicative Wallonia 953 m² - -
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator FRANCOIS ANCION
Rue Des Ecoliers 3, 4020 Liege 2
20-07-2023 → 09-06-2026
Curator CHARLOTTE MUSCH
Rue Des Ecoliers 3, 4020 Liege 2
20-07-2023 → 09-06-2026

Similar companies · same sector, comparable size

Of 7,494 companies in this sector we hold annual accounts for 2,452. 437 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded28-04-1977
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
56111Full-service restaurants
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 1 October 2026 · Peppol Directory

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