Financials
- Financial year
- 2025
- Total assets
- €536,265
- Loss
- -€496,647
- Solvency
- -71.4%
Total assets▼ 64.8%
Net result
20182025
GSL ARDENNES
ActiveSummary
The computed 12-month bankruptcy probability of GSL ARDENNES is 11.4% (high). The 2025 annual accounts show negative equity (-€382,790) and a net result of -€496,647. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 12,672 sector peers (NACE 47, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€536,265total assets 2025
- Staff
- 4.5 FTE
- Equity
- -€382,790
- Loss
- -€496,647
Structure
- Parent
- GOEYENS FINANCES · 100%
- GOEYENS GustaveManaging director
- WILMART Chantal AngélineDirector
2025 accounts filed 11 days late3 of 7 deeds summarised
Why 28raises riskNegative equity -€382,7902 changes of registered office in 24 monthsLoss of €496,647 (financial year 2025)Sector: Retail trade (NACE 47)Show the evidence
Checked score
Score 2025
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 11% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency
0-32
equity -71.4% of total assets
Liquidity
21-4
short-term debt 111.9% · cash 17.0%
Profitability
0-43
return on assets -92.6%
Bankruptcy probability, 12 months
11.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.1%
12-2024: 3.4%▲ +0.3 percentage points vs 11-2024
01-2025: 5.1%▲ +1.7 percentage points vs 12-2024
02-2025: 5.1%● unchanged vs 01-2025
03-2025: 1.3%▼ -3.8 percentage points vs 02-2025lowest value
04-2025: 1.3%● unchanged vs 03-2025lowest value
05-2025: 1.3%● unchanged vs 04-2025lowest value
06-2025: 1.3%● unchanged vs 05-2025lowest value
07-2025: 1.3%● unchanged vs 06-2025lowest value
08-2025: 1.4%▲ +0.1 percentage points vs 07-2025
09-2025: 3.3%▲ +1.9 percentage points vs 08-2025
10-2025: 3.3%● unchanged vs 09-2025
11-2025: 3.3%● unchanged vs 10-2025
12-2025: 3.3%● unchanged vs 11-2025
01-2026: 3.6%▲ +0.3 percentage points vs 12-2025
02-2026: 4.8%▲ +1.2 percentage points vs 01-2026
03-2026: 5.8%▲ +1.0 percentage point vs 02-2026
04-2026: 8.2%▲ +2.4 percentage points vs 03-2026
05-2026: 8.2%● unchanged vs 04-2026
06-2026: 9.1%▲ +0.9 percentage points vs 05-2026
07-2026: 12.1%▲ +3.0 percentage points vs 06-2026highest value
08-2026: 12.1%● unchanged vs 07-2026highest value
09-2026: 11.4%▼ -0.7 percentage points vs 08-2026
10-2026: 11.4%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.67, compared with 1.32 in 2024, below 1; short-term debt: 111.9% and cash: 17% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 6% on solvency, 19% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222425
2018 to 2025 · latest year -€382,790
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
11 days late
2024
3 days late
2022
28 days late
2021
20 days early
2020
46 days late
2019
105 days late
2018
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€496,647
- Registered officeRegistered-office move · Director in…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- GOEYENS FINANCES · 100%
- GOEYENS GustaveManaging director
- WILMART Chantal AngélineDirector
Network & group
- Connected companies
- 19
Timeline
- Events
- 25
- Since
- 2008
- 24-02-2025Registered office · Amendment of the articles…
- 03-02-2025Annual accounts filed
- 30-06-2024Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of cars and light vans (up…NACE 47811
- Founded
- 27-09-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Annual meeting
- Last Friday of June at 21:00
Key facts about GSL ARDENNES
- What is the company number of GSL ARDENNES?
- 0883.782.044. In Belgium the VAT number is the company number with BE in front: BE 0883.782.044.
- Where is GSL ARDENNES based?
- The registered office is at Rue de Gréay(Gréay) 2, 6687 Bastogne.Company details
- What does GSL ARDENNES do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of GSL ARDENNES?
- Private limited company (BV).
- When was GSL ARDENNES founded?
- On 27-09-2006.
- Is GSL ARDENNES still active?
- Yes, GSL ARDENNES is an active enterprise in the KBO register.
- How many employees does GSL ARDENNES have?
- On average 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GSL ARDENNES?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is GSL ARDENNES profitable?
- In financial year 2025, GSL ARDENNES made a loss of €496,647.
- Where can I find the annual accounts of GSL ARDENNES?
- GSL ARDENNES filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Companies related to GSL ARDENNES
Parent and group
- GOEYENS FINANCES100%
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