Checked.be
Active
BE 0646.696.921Private limited company (pre-2019)Open bankruptcy
G&G
Pol Heynsstraat(HRT) 4 ·2200 Herentals, Belgium· 10 yrs active
Sector: Retail trade
(47811)
Conclusion
A bankruptcy procedure is open for G&G according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-28k) and a net result of €13k.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €-28k |
| Net result | €13k |
| Better than sector | 10% |
| Active | 10 yrs |
Snowflake analysis
31
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
60
Solvency
36
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 10-12-2024 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -55.7% | 20.0% | |
| Net result | €13k | €3k | |
| Equity | €-28k | €14k | |
| Gross operating margin | €16k | €19k | |
| Total assets | €51k | €88k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€85k
-
18-22
€14k
-
18-22
€13k
-
18-22
€13k
-
18-22
€51k
-14.5%
18-22
€-28k
+31.6%
18-22
€-30k
+31.0%
18-22
€408
+5.7%
18-22
€80k
-21.5%
18-22
€80k
-21.5%
18-22
0.63
+8.9%
18-22
0.08
-53.9%
18-22
-55.7%
+19.9%
18-22
-2.80
-14.7%
18-22
-46.2%
-
18-22
25.7%
-
18-22
15.4%
-
18-22
15.9%
-
18-22
87.31
-
18-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | €85k |
| EBITDA | €14k |
| Net profit | €13k |
| Cash flow | €13k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €51k |
| Equity | €-28k |
| Debt | €80k |
| of which ≤ 1y | €80k |
| of which > 1y | - |
| Working capital | €-30k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.08 |
| Working capital ratio | -58.3% |
| Solvency | -55.7% |
| Debt / equity | -2.80 |
| Long-term debt ratio | - |
| Interest coverage | 87.31 |
| Gross margin | 18.6% |
| Net margin | 15.4% |
| ROA | 25.7% |
| ROE | -46.2% |
| EBITDA margin | 15.9% |
| Days sales outstanding | 0d |
| Days payable outstanding | - |
| Inventory turnover | 1.60 |
| Days inventory (DSI) | 228d |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €51k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €88 |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €50k |
| Stocks & contracts in progress | 3 | €43k |
| Amounts receivable within one year | 40/41 | €15 |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €51k |
| Equity | 10/15 | €-28k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-35k |
| Amounts payable | 17/49 | €80k |
| Amounts payable within one year | 42/48 | €80k |
| Income statement | ||
| Turnover | 70 | €85k |
| Gross operating margin | 9900 | €16k |
| Operating result | 9901 | €13k |
| Financial charges | 65 | €155 |
| Result before taxes | 9903 | €13k |
| Net result for the period | 9904 | €13k |
| Result to be appropriated | 9905 | €13k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KRISTOF BENIJTS BOVENRIJ 76, 2200 HERENTALS- |
01-07-2025 → present | Belgian State Gazette |
| Curator | PHILIP SOMERS BOVENRIJ 76,
2200 HERENTALS |
01-07-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Retail trade(47811) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 18-01-2016 |
| Status | Active |
| Postal code | 2200 |
| First BS signal | 07-07-2025 |
| Latest BS signal | 07-07-2025 |
Company structure, linked entities
Mandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Establishment units
G&G
since 20162.249.598.561
G&G
since 20182.322.794.563
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302C0274/00D000 | Flanders | 1.2 ha | 1 · 300 m² | 12.0 m · 3 fl. |
| 13302D0690/00K000 | Flanders | 7,843 m² | 1 · 299 m² | 20.4 m · 5 fl. |
| 13302C0572/00C002 | Flanders | 2,857 m² | 1 · 400 m² | 9.1 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
07-07-2025
Bankruptcy
Opening
2024
10-12-2024
NBB filing
Annual accounts filed
2022
10-11-2022
State Gazette act
Capital & shares
15-10-2022
NBB filing
Annual accounts filed
06-05-2022
NBB filing
Annual accounts filed
2020
12-11-2020
NBB filing
Annual accounts filed
2019
04-10-2019
NBB filing
Annual accounts filed
2018
25-09-2018
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
07-07-2025
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts
Capital history · 1
10-11-2022
Capital change
All acts · 1
updated 3 years ago
2022
10-11-2022 Transaction in capital or shares
Technical details
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"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-10-27",
"act_kind_objet": "Overdracht van aandelen, verandering van de bestuurder, benoeming van een nieuwe bestuurder."
},
"decision": {
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"unanimous": null,
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"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0646.696.921",
"name_full": "G \u0026 G",
"legal_form": "B.V.",
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"co_filed_documents": [],
"shareholders_after": [
{
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"pct": 50.0,
"kind": "person",
"name": "GRIGORYAN Hakob",
"role": "aandeelhouder",
"n_shares": 50,
"share_class": null
},
{
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"pct": 50.0,
"kind": "person",
"name": "GRIGORYAN Erik",
"role": "aandeelhouder",
"n_shares": 50,
"share_class": null
}
],
"share_classes_after": []
}Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)45112Handelsbemiddeling in de groothandel in andere specifieke goederen46180
Primary activity highlighted.
Names & trade names
| Legal nameNL | G&G |
Registered office
Pol Heynsstraat(HRT) 4 bus 302
2200 Herentals, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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