Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of GLOBAL FORUM FORMEDIA DEVELOPMENT is < 0.1% (very low). The 2024 annual accounts show equity of €49k and a net result of €9k. Its solvency ranks better than 26% of 80 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Signals
1 signal · with evidenceSignals 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 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2024| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.6% | 51.8% | |
| Net result | €9k | €6k | |
| Equity | €49k | €43k | |
| Gross operating margin | €23k | €63k | |
| Total assets | €295k | €144k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €20k |
| Net profit | €9k |
| Cash flow | €11k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €295k |
| Equity | €49k |
| Debt | €246k |
| of which ≤ 1y | €92k |
| of which > 1y | - |
| Working capital | €201k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.17 |
| Quick ratio | 3.17 |
| Working capital ratio | 68.1% |
| Solvency | 16.6% |
| Debt / equity | 5.02 |
| Long-term debt ratio | - |
| Interest coverage | 1.99 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.1% |
| ROE | 18.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €295k |
| Fixed assets | 21/28 | €2k |
| Intangible fixed assets | 21 | €1k |
| Tangible fixed assets | 22/27 | €126 |
| Current assets | 29/58 | €293k |
| Amounts receivable within one year | 40/41 | €124k |
| Cash & bank | 54/58 | €129k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €295k |
| Equity | 10/15 | €49k |
| Accumulated profits (losses) | 14 | €49k |
| Amounts payable | 17/49 | €246k |
| Amounts payable within one year | 42/48 | €92k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €23k |
| Operating result | 9901 | €18k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €9k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
18 directors-
Current20-11-2025 → present
-
Current20-11-2025 → present
-
Current20-11-2025 → present
-
Current10-01-2020 → present
-
Current10-01-2020 → present
-
Current07-06-2017 → present
2 events
- 24-03-2021 Mandate renewed· Director
- 07-06-2017 Appointed· Director
Historic, not recently confirmed (2)
-
Not recently confirmedlast confirmed in an act from 2018
-
Not recently confirmedlast confirmed in an act from 2017
Former directors (10)
-
Former21-12-2021 → 20-11-2025
2 events
- 20-11-2025 Resigned· Vice président
- 21-12-2021 Appointed· Director
-
Former21-12-2021 → 20-11-2025
2 events
- 20-11-2025 Resigned· Trésorière
- 21-12-2021 Appointed· Director
-
Former21-12-2021 → 20-11-2025
2 events
- 20-11-2025 Resigned· Présidente
- 21-12-2021 Appointed· Director
-
Former- → 21-12-2021
-
Former- → 10-01-2020
-
Former16-02-2018 → 10-01-2020
2 events
- 10-01-2020 Resigned· Director
- 16-02-2018 Appointed· Director
-
Former07-06-2017 → 21-09-2019
2 events
- 21-09-2019 Resigned· Director
- 07-06-2017 Appointed· Director
-
Former07-06-2017 → 15-12-2017
2 events
- 15-12-2017 Resigned· Director
- 07-06-2017 Appointed· Director
-
Former07-06-2017 → 15-12-2017
2 events
- 15-12-2017 Resigned· Director
- 07-06-2017 Appointed· Director
-
Former01-01-2016 → 28-02-2017
2 events
- 28-02-2017 Resigned· Director
- 01-01-2016 Appointed· Director
Insolvency mandates
Legal Structure
| NACE primary | Activiteiten van beroepsorganisaties(94120) |
| Legal form | Int'l non-profit association(125) |
| Incorporation | 06-07-2011 |
| Status | Active |
| Postal code | 1040 |
Structure & network
Connections & network
6 connected companiesLocations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0369/00H002 | Brussels | 1,740 m² | 1 · 1,742 m² | 34.0 m · 9 fl. |
Publications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
1 verified actWhat every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
- Board meeting , 20/11/2025
- Director resignation, Zoé Titus (présidente)
- Director appointment, Rawan AlDamen (présidente)
- Director resignation, Jan Lublinski (vice président)
- Director appointment, Laxman Datt Pant (vice président)
- Director resignation, Ruth Kronenburg (trésorière)
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by stability.
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | GLOBAL FORUM FORMEDIA DEVELOPMENT |
| AbbreviationFR | GMFD |