GYPI
Open bankruptcyA bankruptcy procedure is open for GYPI according to publications in the Belgian State Gazette; curator: ALEXANDRE SAUSSEZ.
Summary
The file additionally contains 2 judicial reorganisations. The 2022 annual accounts show negative equity (€-494k) and a net result of €-367k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 02-08-2023, 2 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
2 d late
2021
29 d late
2020
45 d early
2019
87 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-367k▲ 17.9%
2021 · €-447k
2018: €21k
2019: €4k
2020: €26k
2021: €-447k
2018 → 2022
Working capital
€-605k▼ 395%
2021 · €-122k
2018: €18k
2019: €-10k
2020: €249k
2021: €-122k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€291k-€295k▲ 1.4%€321k▲ 8.7%€-126k€-494k▼ 291%
Operating result€53k-€36k▼ 31.8%€65k▲ 80.4%€-404k€-342k▲ 15.5%
Net result€21k-€4k▼ 80.7%€26k▲ 540%€-447k€-367k▲ 17.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €342k in 2022 against €404k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.60M
Fixed assets
€587k ▲ 6.3%
Current assets
€1.02M ▲ 43.9%
Key figures and ratios
EBITDA
€-104k▲
2021 · €-197k
Cash flow
€-130k▲
2021 · €-240k
Solvency
-30.7%▼
2021 · -10.0%
Current ratio
0.63▼
2021 · 0.85
Quick ratio
0.51▼
2021 · 0.74
Debt to equity
-4.25▲
2021 · -10.98
ROA
-22.9%▲
2021 · -35.5%
Interest coverage
-3.99▲
2021 · -4.57
Debt
€2.10M▲
2021 · €1.39M
Debt ≤ 1 year
€1.62M▲
2021 · €830k
Debt > 1 year
€468k▼
2021 · €552k
Income taxes
€600▼
2021 · €938
Staff costs
€161k▼
2021 · €233k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 59 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.26M€1.61M▲
Formation expenses20€1k€1k=
Fixed assets21/28€553k€587k▲
Intangible fixed assets21€536k€562k▲
Tangible fixed assets22/27€4k€13k▲
Plant, machinery and equipment23€267€1k▲
Furniture and vehicles24€4k€12k▲
Financial fixed assets28€12k€12k=
Current assets29/58€707k€1.02M▲
Amounts receivable after more than one year29-€165k
Other amounts receivable291-€165k
Stocks and contracts in progress3€94k€197k▲
Stocks30/36€94k€197k▲
Amounts receivable within one year40/41€410k€301k▼
Trade receivables40€333k€205k▼
Other amounts receivable41€77k€96k▲
Cash at bank and in hand54/58€177k€343k▲
Deferred charges and accrued income490/1€27k€11k▼
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.61M▲
Equity10/15€-126k€-494k▼
Contributions10/11€19k€19k=
Reserves13€77k€77k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-221k€-589k▼
Amounts payable17/49€1.39M€2.10M▲
Amounts payable after more than one year17€552k€468k▼
Financial debts170/4€552k€468k▼
Amounts payable within one year42/48€830k€1.62M▲
Current portion of amounts payable after more than one year42€178k€168k▼
Financial debts43€150k€150k=
Credit institutions430/8€150k€150k=
Trade debts44€337k€645k▲
Suppliers440/4€337k€645k▲
Advances received on contracts in progress46€1k€337k▲
Taxes, remuneration and social security45€163k€322k▲
Taxes450/3€122k€306k▲
Remuneration and social security454/9€41k€16k▼
Other amounts payable47/48€714€783▲
Accrued charges and deferred income492/3€6k€9k▲
Income statement
Code20212022
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€233k€161k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€208k€238k▲
Other operating charges640/8€5k€11k▲
Gross operating margin9900€40k€68k▲
Operating profit (loss)9901€-404k€-342k▲
Financial income75/76B€915€971▲
Recurring financial income75€915€971▲
Financial charges65/66B€43k€26k▼
Recurring financial charges65€43k€26k▼
Profit (loss) for the period before taxes9903€-447k€-367k▲
Income taxes67/77€938€600▼
Profit (loss) for the period9904€-447k€-367k▲
Profit (loss) for the period to be appropriated9905€-447k€-367k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-221k€-589k▼
Profit (loss) brought forward from the previous period14P€226k€-221k▼
Social balance
Average headcount (FTE)90876.95.7▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
14-05
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · GYPI SRL AVENUE FIRMIN LECHAR- LIER 150, 1090 JETTE · event 06-05-2024
23-02
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20230087 · event 29-01-2024
2023
23-10
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif · event 11-10-2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 2 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-447k ▼1837%
Net result drops to €-447k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €26k ▲540%
Operating result €65k, net result €26k, both a record.
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Show earlier events
2016
11-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
21-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 21 days late
2014
03-02
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Jette · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Firmin Lecharlierlaan 1501090 JetteGround area
416 m²
Building footprint
359 m²
Volume, LiDAR
4,091 m³
Parcel 21464D0077/00E009, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GYPI
since 19982.058.590.220
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0077/00E009 | Brussels | 416 m² | 1 · 359 m² | 15.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 | ALEXANDRE SAUSSEZ LEUVENSESTEENWEG 369,
1932 SINT-STEVENS-WOLUWE |
06-05-2024 → present |
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Of 977 companies in sector 46431 we hold annual accounts for 705. 550 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-04-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
47120Other non-specialised retail sale
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.