GC innovate
GC innovate has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.66M) and a net result of €-367k. Equity is shrinking by ~29.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €-1.66M |
| Net result | €-367k |
| Active | 6 yrs |
| Board | 1 |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | full schema |
| Revenue | €4.47M |
| EBITDA | €-286k |
| Net profit | €-367k |
| Cash flow | €-366k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.16M |
| Equity | €-1.66M |
| Debt | €2.82M |
| of which ≤ 1y | €2.82M |
| of which > 1y | - |
| Working capital | €-1.66M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.41 |
| Quick ratio | 0.41 |
| Working capital ratio | -143.7% |
| Solvency | -143.6% |
| Debt / equity | -1.70 |
| Long-term debt ratio | - |
| Interest coverage | -3.30 |
| Gross margin | -6.5% |
| Net margin | -8.2% |
| ROA | -31.7% |
| ROE | 22.1% |
| EBITDA margin | -6.4% |
| Days sales outstanding | 93d |
| Days payable outstanding | 85d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.16M |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €1.16M |
| Amounts receivable within one year | 40/41 | €1.14M |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.16M |
| Equity | 10/15 | €-1.66M |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-1.72M |
| Amounts payable | 17/49 | €2.82M |
| Amounts payable within one year | 42/48 | €2.82M |
| Trade debts payable within one year | 44 | €1.10M |
| Income statement | ||
| Turnover | 70 | €4.47M |
| Gross operating margin | 9900 | €-285k |
| Operating result | 9901 | €-287k |
| Financial income | 75 | €7k |
| Financial charges | 65 | €87k |
| Result before taxes | 9903 | €-367k |
| Net result for the period | 9904 | €-367k |
| Result to be appropriated | 9905 | €-367k |
-
De Cronos Groep NVLegal entityDirector· perm. rep.: Josephus de WitState Gazette act 21047536 (19-04-2021)Current01-04-2021 → present
Former directors (2)
-
Former- → 01-04-2021
-
Localyse Group NVLegal entityDirector· perm. rep.: Dirk LambrechtsState Gazette act 21047536 (19-04-2021)Former- → 01-04-2021
| KPMG Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Filip De Bock | 07-06-2024 → present |
Show 2 earlier auditors
| EY Bedrijfsrevisoren BV Statutory auditor · represented by Paul Eelen | - → 05-10-2020 |
| KPMG Bedrijfsrevisoren CVBA Statutory auditor · represented by Filip De Bock succeeded by KPMG Bedrijfsrevisoren BV in 2024 | 03-12-2020 → 07-06-2024 |
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Public limited company(014) |
| Incorporation | 05-03-2020 |
| Status | Active |
| Postal code | 2550 |
Show 2 more network connections
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
27-07-2026 NBB filing Annual accounts filed
24-10-2025 State Gazette act Director changes
26-08-2025 NBB filing Annual accounts filed
18-11-2024 State Gazette act Director changes
23-07-2024 NBB filing Annual accounts filed
04-08-2023 NBB filing Annual accounts filed
26-08-2022 NBB filing Annual accounts filed
27-05-2022 State Gazette act Director changes
09-08-2021 State Gazette act Registered-office change
17-05-2021 State Gazette act Statutes amendment
19-04-2021 State Gazette act Director changes
03-12-2020 State Gazette act Director changes
09-03-2020 State Gazette act Incorporation
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-10-2025 Josephus de Wit reappointed as director
- Josephus de Wit, Bestuurder
Technical details
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"effective_date": "2025-07-02",
"evidence_quote": "De Cronos Groep NV, vast vertegenwoordigd door Josephus de Wit te herbenoemen tot bestuurder van de Vennootschap en dit met ingang van woensdag 2 juli 2025."
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}18-11-2024 Filip De Bock reappointed as statutory auditor
- Filip De Bock, Commissaris
Technical details
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"effective_date": "2024-06-07",
"evidence_quote": "Volgend op het voorstel van het bestuursorgaan, beslist de Algemene Vergadering der Aandeelhouders om KPMG Bedrijfsrevisoren BV, vertegenwoordigd door Filip De Bock, kantoorhoudend te 1930 Zaventem, Luchthaven Brussel Nationaal 1K te herbenoemen tot commissaris en dit met onmiddellijke ingang voor e"
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}27-05-2022 Change in the board of directors
Technical details
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}09-08-2021 Registered office moved from Edegem to Kontich
- Prins Boudewijnlaan 41, 2650 Edegem → Veldkant 33, 2550 Kontich
Technical details
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"effective_date": "2021-05-25",
"evidence_quote": "Het.bestuursorgaan beslist om de zetel van de Vennootschap te verplaatsen naar het volgende adres: Veldkant 33 A te 2550 Kontich, en dit met ingang van 25 mei 2021. Het betreft zowel de maatschappelijke als de exploitatiezetel."
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}17-05-2021 Articles of association amended
Technical details
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"signature_regime": null,
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}19-04-2021 2 resigning, 1 reappointed
- Dirk Lambrechts, Bestuurder
- Josephus de Wit, Bestuurder
- Josephus de Wit, Bestuurder
Technical details
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"effective_date": "2021-04-01",
"evidence_quote": "Localyse Group NV met vaste vertegenwoordiger Dirk Lambrechts wenst zijn bestuursmandaat neer te leggen op datum van donderdag 1 april 2021. Met unanimiteit van stemmen keurt de Algemene Vergadering dit ontslag goed.",
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"effective_date": "2021-04-01",
"evidence_quote": "Het bestuursorgaan heeft vastgesteld dat Dirk Deroost werd vervangen als vaste vertegenwoordiger van de enige overblijvende bestuurder De Cronos Groep NV, met maatschappelijke zetel te Veldkant 33 A, 2550 Kontich, door Josephus de Wit, met ingang vanaf 1 april 2021 voor de resterende duur van het ma"
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}
}03-12-2020 1 director appointed, 1 resigning
- Filip De Bock, Commissaris
- Paul Eelen, Commissaris
Technical details
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"name": "EY bedrijfsrevisoren BV",
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},
"effective_date": "2020-10-05",
"evidence_quote": "het commissarismandaat van EY bedrijfsrevisoren BV, kantoorhoudend te De Kleetlaan 2, 1831 Diegem, vertegenwoordigd door de heer Paul Eelen, bedrijfsrevisor, vroegtijdig te be\u00EBindigen per maandag 5 oktober 2020",
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"evidence_quote": "KPMG Bedrijfsrevisoren CVBA (B00001), Luchthaven Brussel Nationaal 1K te 1930 Zaventem, als nieuwe commissaris van de Vennootschap aan te stellen voor de controle van huidig boekjaar (31 december 2021) en voor een termijn van 3 jaren."
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}09-03-2020 Incorporation of a new NV
Technical details
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"founders": [
{
"org": {
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"name": "Localyse Group"
},
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"holder_org_kbo": "0720.490.957",
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"contribution_type": "cash",
"amount_paid_in_eur": 49600,
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"contribution_type": "cash",
"amount_paid_in_eur": 6200,
"holder_person_name": "Dirk Jules Clement DEROOST",
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},
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"person": {
"dob": "1957-06-02",
"name": "Josephus Louisa Felix DE WIT",
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"address": "2600 Berchem (Antwerpen), Transvaalstraat 9"
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}
],
"capital_eur": 62000,
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},
"initial_directors": [],
"incorporation_date": "2020-03-05",
"post_incorporation_mandates": []
}| Legal nameNL | GC innovate |