GC-JD
ActiveSummary
GC-JD has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €-40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 543 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-23
Solvency28▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.42 in 2024; short-term debt: 52.5% and cash: 0.6% of total assets), and 96.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 543 sector peers (2025).
NBB · sector comparisonPosition among 543 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
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. 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
11 d late
2024
30 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
104 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 40.5%
2024 · €98k
2018: €45k
2019: €-11k
2020: €-23k
2021: €29k
2022: €69k
2023: €79k
2024: €98k
2018 → 2025
Total assets
€1.81M▼ 6.1%
2024 · €1.93M
2018: €1.28M
2019: €1.52M
2020: €1.59M
2021: €1.54M
2022: €1.41M
2023: €1.80M
2024: €1.93M
2018 → 2025
Net result
€-40k
2024 · €21k
2018: €3k
2019: €-56k
2020: €-13k
2021: €52k
2022: €42k
2023: €11k
2024: €21k
2018 → 2025
Working capital
€-692k▼ 28.4%
2024 · €-539k
2018: €-99k
2019: €-189k
2020: €-4k
2021: €-79k
2022: €-104k
2023: €-327k
2024: €-539k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€69k▲ 142%€79k▲ 14.1%€98k▲ 24.5%€59k▼ 40.5%
Operating result€69k-€72k▲ 5.5%€31k▼ 57.5%€41k▲ 34.5%€-8k
Net result€52k-€42k▼ 18.6%€11k▼ 72.9%€21k▲ 84.2%€-40k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €41k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.81M
Fixed assets
€1.55M ▲ 0.6%
Current assets
€261k ▼ 32.9%
Equity and liabilities €1.81M
Equity
€59k ▼ 40.5%
Debt
€1.76M ▼ 4.3%
Debt's share of the balance-sheet total rises from 94.9% to 96.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €95k
Cash flow
€18k▼
2024 · €74k
Current ratio
0.27▼
2024 · 0.42
Debt to equity
30.01▲
2024 · 18.66
ROE
-68.0%▼
2024 · 21.4%
ROA
-2.2%▼
2024 · 1.1%
Interest coverage
3.76▼
2024 · 7.23
Debt ≤ 1 year
€952k▲
2024 · €927k
Debt > 1 year
€803k▼
2024 · €907k
Income taxes
€19k▲
2024 · €7k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.93M€1.81M▼
Fixed assets21/28€1.54M€1.55M▲
Tangible fixed assets22/27€1.54M€1.55M▲
Land and buildings22€1.49M€1.51M▲
Plant, machinery and equipment23€0€2k▲
Furniture and vehicles24€54k€41k▼
Current assets29/58€388k€261k▼
Amounts receivable within one year40/41€295k€245k▼
Trade receivables40€128k€92k▼
Other amounts receivable41€167k€153k▼
Cash at bank and in hand54/58€59k€11k▼
Deferred charges and accrued income490/1€35k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.93M€1.81M▼
Equity10/15€98k€59k▼
Contributions10/11€20k€20k=
Reserves13€78k€39k▼
Distributable reserves133€78k€39k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.83M€1.76M▼
Amounts payable after more than one year17€907k€803k▼
Financial debts170/4€907k€803k▼
Amounts payable within one year42/48€927k€952k▲
Current portion of amounts payable after more than one year42€102k€103k▲
Financial debts43-€163
Credit institutions430/8-€163
Trade debts44€195k€34k▼
Suppliers440/4€195k€34k▼
Taxes, remuneration and social security45€39k€12k▼
Taxes450/3€39k€12k▼
Other amounts payable47/48€590k€803k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€95
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€58k▲
Other operating charges640/8€291k€118k▼
Non-recurring operating charges66A€115k€0▼
Gross operating margin9900€501k€168k▼
Operating profit (loss)9901€41k€-8k▼
Financial income75/76B€0€58▲
Recurring financial income75€0€58▲
Financial charges65/66B€13k€13k▲
Recurring financial charges65€13k€13k▲
Profit (loss) for the period before taxes9903€28k€-21k▼
Income taxes67/77€7k€19k▲
Profit (loss) for the period9904€21k€-40k▼
Profit (loss) for the period to be appropriated9905€21k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€-40k▼
Transfer from equity791/2-€40k
Transfer to equity691/2€19k€0▼
To other reserves6921€19k€0▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
23-08
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €52k
Net result €52k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Weakest financial yearnet €-56k ▼2272%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 127 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 60 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Zwevegem · 1 establishment unit since 2015
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.
Mussestraat(O) 288553 ZwevegemGround area
1.5 ha
Building footprint
6,290 m²
Volume, LiDAR
54,827 m³
2 parcels, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GC-JD
since 20152.249.866.005
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34030B0861/00A000 | Flanders | 7,465 m² | 1 · 194 m² | 0.1 m |
| 45017C0851/00D000 | Flanders | 7,294 m² | 1 · 6,097 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
KASCO HOUTCONSTRUCTIES
BE 1017.807.241
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SCIERIE DU NEBLON
BE 0435.477.441
Clavier · Eq €61,045
FUTURIUM
BE 0723.629.502
Bertrix · Eq €55,839
HOUTZAGERIJ DICO
BE 0462.463.336
Spiere-Helkijn · Eq €55,425
BEAR WOOD
BE 0700.651.883
Buggenhout · Eq €62,037
Of 663 companies in sector 16110 we hold annual accounts for 320. 174 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
Founded02-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
16110Sawmilling and planing of wood
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.