GS SHIP SUPPLY & SERVICES
ActiveThe computed 12-month bankruptcy probability of GS SHIP SUPPLY & SERVICES is 2.0% (moderate). The 2024 annual accounts show equity of €264k and a net result of €1k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 1307 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-1
Solvency91▲+20
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 1.75 in 2023; short-term debt: 33.8% and cash: 9.2% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
31 d late
2022
19 d early
2021
64 d late
2020
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€264k▲ 0.4%
2023 · €263k
2020: €171k
2021: €219k
2022: €258k
2023: €263k
2020 → 2024
Total assets
€399k▼ 30.7%
2023 · €576k
2020: €283k
2021: €380k
2022: €449k
2023: €576k
2020 → 2024
Net result
€1k▼ 77.8%
2023 · €5k
2020: €71k
2021: €48k
2022: €39k
2023: €5k
2020 → 2024
Working capital
€241k▲ 2.7%
2023 · €235k
2020: €166k
2021: €214k
2022: €242k
2023: €235k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€171k-€219k▲ 28.1%€258k▲ 17.9%€263k▲ 1.8%€264k▲ 0.4%
Operating result€90k-€64k▼ 28.7%€52k▼ 18.5%€13k▼ 74.7%€14k▲ 2.9%
Net result€71k-€48k▼ 32.3%€39k▼ 18.4%€5k▼ 87.8%€1k▼ 77.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €399k
Fixed assets
€23k▼ 18.9%
Current assets
€376k▼ 31.3%
Equity and liabilities €399k
Equity
€264k▲ 0.4%
Debt
€135k▼ 56.9%
The debt ratio falls from 54.3% to 33.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2023 · €17k
Cash flow
€7k▼
2023 · €9k
Solvency
66.2%▲
2023 · 45.7%
Current ratio
2.79▲
2023 · 1.75
Quick ratio
2.79▲
2023 · 1.75
Debt / equity
0.51▼
2023 · 1.19
ROE
0.4%▼
2023 · 1.8%
ROA
0.3%▼
2023 · 0.8%
Interest coverage
32.34▲
2023 · 6.53
Debt
€135k▼
2023 · €313k
Debt ≤ 1 year
€135k▼
2023 · €313k
Income taxes
€14k▲
2023 · €7k
Staff costs
€49k▲
2023 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€576k€399k▼
Formation expenses20-€0
Fixed assets21/28€28k€23k▼
Tangible fixed assets22/27€28k€23k▼
Plant, machinery and equipment23€18k€16k▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€548k€376k▼
Amounts receivable within one year40/41€421k€318k▼
Trade receivables40€388k€296k▼
Other amounts receivable41€33k€22k▼
Cash at bank and in hand54/58€127k€37k▼
Deferred charges and accrued income490/1-€22k
Equity and liabilities
Total equity and liabilities10/49€576k€399k▼
Equity10/15€263k€264k▲
Contributions10/11€100k€100k=
Reserves13€163k€163k=
Distributable reserves133€163k€163k=
Profit (loss) carried forward14-€1k
Amounts payable17/49€313k€135k▼
Amounts payable within one year42/48€313k€135k▼
Trade debts44€304k€122k▼
Suppliers440/4€304k€122k▼
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3-€0
Remuneration and social security454/9€9k€13k▲
Other amounts payable47/48-€0
Income statement
Code20232024
Remuneration, social security and pensions62€49k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€20k€35k▲
Gross operating margin9900€86k€104k▲
Operating profit (loss)9901€13k€14k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€3k€613▼
Recurring financial charges65€3k€613▼
Profit (loss) for the period before taxes9903€12k€15k▲
Income taxes67/77€7k€14k▲
Profit (loss) for the period9904€5k€1k▼
Profit (loss) for the period to be appropriated9905€5k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€1k▼
Transfer to equity691/2€5k-
To other reserves6921€5k-
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼77.8%
Net result drops to €1k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 64 days late
2021
31-12
Financial
Equity above €200kEq €219k ▲28.1%
2 profitable years in a row build equity to €219k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Schoten · 1 establishment unit since 2019
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.
Lariksdreef 122900 SchotenGround area
1,870 m²
Building footprint
225 m²
Volume, LiDAR
551 m³
Parcel 11040D0191/00V004, Flanders · tallest building 8.6 m. Linked by address, not a title deed.
1 establishment unit
GS SHIP SUPPLY & SERVICES
since 20192.295.698.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0191/00V004 | Flanders | 1,870 m² | 1 · 225 m² | 8.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DE CENTRALE
BE 0473.287.744
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INTERLOG
BE 0883.536.574
Brasschaat · Eq €264k
LEVACO AIR
BE 0449.852.643
Antwerpen · Eq €265k
ASSFOR LOGISTICS
BE 0859.884.313
Beveren-Kruibeke-Zwijndrecht · Eq €265k
VERSLEGERS-VERHEYEN
BE 0430.911.909
Dilsen-Stokkem · Eq €262k
Of 3,191 companies in sector 52250 we hold annual accounts for 1,956. 1,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2019
Fiscal year end31-12
Activities, NACEBEL
46900Non-specialised wholesale trade
52250Logistics services
52290Warehousing and support activities for transportation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.