GSM2GO

Active

Private limited companyfounded 20232 yrs activeSpoorstraat 7, 3600 Genk, BelgiumKBO/BCE: BE 1003.211.711

Summary

The computed 12-month bankruptcy probability of GSM2GO is 4.3% (elevated). The 2024 annual accounts show equity of €1,906 and a net result of -€2,094. Its solvency ranks better than 22% of 15874 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

GSM2GOActiveChecked score 46/100

Risk analysis Report Compare

Activity

Wholesale of information and communication equipment

NACE 46500NACE 46520

1 site

Size

€181,052total assets 2024

Equity: €1,906
Loss: -€2,094

Turnover not published (abridged schema)

Financial health

46 Fair Checked score 2024

Bankruptcy chance 12 m: 4.3%

Structure

Accounts filed 31 d late0 of 1 deed read

Why 46- Figures for FY 2024 (filed 07-09-2025)- Founded in 2023- 1 financial year not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late+ Size: total assets €181,052Show the evidence

Checked score

Score 2024

46 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 18% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 26

equity 1.1% of total assets

Liquidity 15

short-term debt 98.9% · cash 12.2%

Profitability 17

return on assets -1.2%

Bankruptcy probability, 12 months

4.3% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)

Last 24 months 01-2025: 1.6%lowest value 02-2025: 1.7%▲ +2.7% vs 01-2025 03-2025: 1.7%▲ +2.1% vs 02-2025 04-2025: 2.1%▲ +23.2% vs 03-2025 05-2025: 2.1%▲ +0.5% vs 04-2025 06-2025: 2.4%▲ +10.5% vs 05-2025 07-2025: 2.6%▲ +10.3% vs 06-2025 08-2025: 2.7%▲ +1.8% vs 07-2025 09-2025: 2.6%▼ -3.2% vs 08-2025 10-2025: 2.3%▼ -10.3% vs 09-2025 11-2025: 2.3%▼ -0.6% vs 10-2025 12-2025: 2.4%▲ +4.6% vs 11-2025 01-2026: 2.4%● 0.0% vs 12-2025 02-2026: 2.4%● 0.0% vs 01-2026 03-2026: 2.4%▼ -0.5% vs 02-2026 04-2026: 2.4%▲ +2.1% vs 03-2026 05-2026: 2.4%▲ +0.6% vs 04-2026 06-2026: 2.4%▼ -0.5% vs 05-2026 07-2026: 2.5%▲ +0.9% vs 06-2026 08-2026: 3.0%▲ +21.1% vs 07-2026 09-2026: 3.3%▲ +10.7% vs 08-2026 10-2026: 4.3%▲ +32.0% vs 09-2026highest value

Figures for FY 2024 (filed 07-09-2025) raises the probability
Founded in 2023 raises the probability for this profile
1 financial year not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late raises the probability
Size: total assets €181,052 lowers the probability for this profile

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.98; short-term debt: 98.9% and cash: 12.2% of total assets), and 98.9% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 17%, liquidity 15%, profitability 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2024 (filed 07-09-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

1 financial year not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Size: total assets €181,052

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 15874 sector peers (2024).

NBB · sector comparison

Position among 15874 sector peers

Solvency

better than 22%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 1 filing

Deviation from the deadline

2024

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage