Age54 yrs
Real estate2 parcels · 3,191 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for GDS Immo according to publications in the Belgian State Gazette. The file additionally contains 4 interim measures and 1 judicial reorganisation. The 2023 annual accounts show equity of €1.90M and a net result of €-153k.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
6 events07-11-2025
Bankruptcy
Opening
26-09-2025
Interim measure
Provisional administrator
19-09-2025
Interim measure
Provisional administrator
Showing 3 of 6 signals
Signals
1 signal · with evidencePersistent losses
Two consecutive loss-making years (2022 and 2023); equity fell accordingly. May indicate structural pressure on profitability.
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsKBO register: special legal situation
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 administrative flags
Financials
Turnover€252k
EBIT margin-14.8%
Net result€-153k-76.5%
Working capital€-943k-6.4%
Directors2
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 08-11-2024 with the NBB · fiscal year 2023 · volledig
Sector comparison
Fiscal year 2023 · NACE 68, Real estate activities · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 60.5% | 16.6% | |
| Net result | €-153k | €-1k | |
| Equity | €1.90M | €159k | |
| Gross operating margin | €61k | €44k | |
| Staff costs | €5k | €90k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P77
Weakening position over 2020-2023
· n=271-656
P14
Weakening position over 2020-2023
· n=270-652
P77
Improving position over 2020-2023
· n=272-656
P54
Stable position over 2020-2023
· n=175-498
Describes the position versus peers, not a forecast.
€252k
-
18-23
€51k
-
≈ vs sector
€-153k
-76.5%
far below sector median
€-60k
-
far below sector median
€3.14M
-4.4%
+70% vs sector
€1.90M
-7.4%
+59% vs sector
€-943k
-6.4%
far below sector median
1
-37.5%
≈ vs sector
€5k
-92.1%
-59% vs sector
€3k
+1322.6%
≈ vs sector
€1.24M
+0.7%
+131% vs sector
€1.23M
0.0%
+149% vs sector
0.23
-16.5%
-89% vs sector
0.23
-16.5%
-89% vs sector
60.5%
-3.2%
-15% vs sector
0.65
+8.8%
+105% vs sector
-8.0%
-90.7%
far below sector median
-4.9%
-84.6%
far below sector median
-4.9%
-
18-23
4.7%
-
18-23
0.42
-
-90% vs sector
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €51k |
| Net profit | €-153k |
| Cash flow | €-60k |
| Staff costs | €5k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €3.14M |
| Equity | €1.90M |
| Debt | €1.24M |
| of which ≤ 1y | €1.23M |
| of which > 1y | - |
| Working capital | €-943k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.23 |
| Quick ratio | 0.23 |
| Working capital ratio | -30.0% |
| Solvency | 60.5% |
| Debt / equity | 0.65 |
| Long-term debt ratio | - |
| Interest coverage | 0.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.9% |
| ROE | -8.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.14M |
| Fixed assets | 21/28 | €2.85M |
| Tangible fixed assets | 22/27 | €1.63M |
| Financial fixed assets | 28 | €1.22M |
| Current assets | 29/58 | €288k |
| Amounts receivable within one year | 40/41 | €287k |
| Cash & bank | 54/58 | €113 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.14M |
| Equity | 10/15 | €1.90M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €7k |
| Accumulated profits (losses) | 14 | €-157k |
| Amounts payable | 17/49 | €1.24M |
| Amounts payable within one year | 42/48 | €1.23M |
| Income statement | ||
| Gross operating margin | 9900 | €61k |
| Operating result | 9901 | €-42k |
| Financial income | 75 | €14k |
| Financial charges | 65 | €122k |
| Result before taxes | 9903 | €-150k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €-153k |
| Result to be appropriated | 9905 | €-153k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
2 mandates| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 IXELLES |
03-11-2025 → present | Belgian State Gazette |
| Interim administrator | Nicholas OUCHINSKY | 15-04-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Bemiddeling in verband met exploitatie van en handel in onroerend goed(68310) |
| Legal form | Public limited company(014) |
| Incorporation | 01-01-1972 |
| Status | Active |
| Postal code | 1050 |
| First BS signal | 25-02-2025 |
| Latest BS signal | 07-11-2025 |
Structure & network
Company structure: linked entities
2 linked entitiesMandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Locations & real estate
Establishment units
1 locationWaterloose Steenweg 258, 1640 Sint-Genesius-Rode
since 19722.006.987.903
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3,191 m²
Buildings2
Building footprint944 m²
Volume (LiDAR)35,380 m³
Tallest building45.4 m · ±14 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0043/00E045 | Flanders | 2,213 m² | 1 · 55 m² | 11.6 m · 1 fl. |
| 21807G0123/00P004 | Brussels | 977 m² | 1 · 890 m² | 45.4 m · 14 fl. |
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.
Publications
Lifecycle & Insolvency Signals
6 events from the State Gazette07-11-2025
Bankruptcy
Opening
26-09-2025
Interim measure
Provisional administrator
19-09-2025
Interim measure
Provisional administrator
19-09-2025
Interim measure
Provisional administrator
15-04-2025
Interim measure
Provisional administrator
25-02-2025
Judicial reorganisation
Practitioner designation
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
3 acts Address history · 2
28-04-2025
Registered-office move
14-03-2024
Registered-office move
All acts · 3
updated 1 year ago
2025
28-04-2025 Registered office moved from Sint-Genesius-Rode to Brussel
- 1640 Sint-Genesius-Rode, Waterloose Steenweg 258 → 1050 Brussel, Louizalaan 250
2024
14-03-2024 Registered office moved within Sint-Genesius-Rode
- Anémonenlaan 2 1640 Sint-Genesius-Rode → Waterloosesteenweg 258- 1640 Sint-Genesius-Rode
07-02-2024 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
proposal
Analysis
Snowflake analysis
financial profile on 5 axes23
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
0
Solvency
65
Growth
52
Stability
0
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68312Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis68321Activiteiten van syndici van onroerend goed68321Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis68322Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68322
Primary activity highlighted.
Names & trade names
| Legal nameFR | GDS Immo |
Registered office
Louizalaan 250
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.