Villa GA

Active

Private limited companyfounded 20197 yrs activeJoseph Hendrickxgaarde 5, 1083 Ganshoren, BelgiumKBO/BCE: BE 0733.726.113

The computed 12-month bankruptcy probability of Villa GA is 5.9% (elevated). The 2024 annual accounts show equity of €7k and a net result of €-10k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 30% of 36378 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

37 / 100

Weak▼ -33 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency46▼-53

Growth32▼-20

Stability100

Bankruptcy probability, 12 months

5.9% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.1 against 1.97 in 2023), and 71.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

28.2%

Return on assets

-42.7%

Age of the figures

20 mo

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2021222324

2020 to 2024 · latest year -€10k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

92 d late

2023

153 d late

2022

61 d late

2021

61 d late

2020

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€7k▼ 60.2%

2023 · €17k

2020: €16k 2021: €12k 2022: €18k 2023: €17k

2020 → 2024

Total assets

€24k▼ 6.4%

2023 · €26k

2020: €29k 2021: €36k 2022: €33k 2023: €26k

2020 → 2024

Net result

€-10k▼ 1,101%

2023 · €-864

2020: €14k 2021: €-4k 2022: €6k 2023: €-864

2020 → 2024

Working capital

€2k▼ 80.4%

2023 · €8k

2020: €4k 2021: €-2k 2022: €8k 2023: €8k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€16k-€12k▼ 24.5%€18k▲ 51.5%€17k▼ 4.8%€7k▼ 60.2%

Operating result€20k-€-3k€9k€2k▼ 78.1%€-8k

Net result€14k-€-4k€6k€-864€-10k▼ 1,101%

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 2024: a loss of €8k after €2k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €24k

21.4%

78.6%

Fixed assets €5k▼ 40.5%

Current assets €19k▲ 11.0%

Equity and liabilities €24k

28.2%

71.8%

Equity €7k▼ 60.2%

Debt €17k▲ 100.0%

The debt ratio rises from 33.6% to 71.8%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-4k▼

2023 · €6k

Cash flow

€-7k▼

2023 · €3k

Solvency

28.2%▼

2023 · 66.4%

Current ratio

1.10▼

2023 · 1.97

Quick ratio

1.10▼

2023 · 1.97

Debt / equity

2.54▲

2023 · 0.51

ROE

-151.1%▼

2023 · -5.0%

ROA

-42.7%▼

2023 · -3.3%

Interest coverage

-1.84▼

2023 · 3.02

Debt

€17k▲

2023 · €9k

Debt ≤ 1 year

€17k▲

2023 · €9k

Income taxes

€189▼

2023 · €1k

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€26k€24k▼

Fixed assets21/28€9k€5k▼

Tangible fixed assets22/27€9k€5k▼

Furniture and vehicles24€9k€5k▼

Financial fixed assets28€110€110=

Current assets29/58€17k€19k▲

Amounts receivable within one year40/41€11k€10k▼

Trade receivables40€8k€6k▼

Other amounts receivable41€3k€4k▲

Cash at bank and in hand54/58€6k€7k▲

Deferred charges and accrued income490/1€646€2k▲

Equity and liabilities

Total equity and liabilities10/49€26k€24k▼

Equity10/15€17k€7k▼

Contributions10/11€2k€2k=

Profit (loss) carried forward14€16k€5k▼

Amounts payable17/49€9k€17k▲

Amounts payable within one year42/48€9k€17k▲

Current portion of amounts payable after more than one year42€2k-

Trade debts44€3k€16k▲

Suppliers440/4€3k€16k▲

Taxes, remuneration and social security45€4k€1k▼

Taxes450/3€4k€1k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼

Other operating charges640/8€684€487▼

Gross operating margin9900€7k€-4k▼

Operating profit (loss)9901€2k€-8k▼

Financial income75/76B€62€172▲

Recurring financial income75€62€172▲

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€194€-10k▼

Income taxes67/77€1k€189▼

Profit (loss) for the period9904€-864€-10k▼

Profit (loss) for the period to be appropriated9905€-864€-10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€16k€5k▼

Profit (loss) brought forward from the previous period14P€17k€16k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

31-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 92 days late

2024

31-12

Financial Weakest financial yearnet €-10k

Net result drops to €-10k, the lowest in the series.

31-12

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 153 days late

2023

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

2022

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Ganshoren · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Joseph Hendrickxgaarde 51083 Ganshoren

Ground area

348 m²

Building footprint

172 m²

Volume, LiDAR

1,713 m³

Parcel 21392A0068/00C007, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Villa GA

Joseph Hendrickxgaarde 5, 1083 GanshorenPlastering work

since 20192.329.898.527

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21392A0068/00C007	Brussels	348 m²	1 · 172 m²	14.3 m · 4 fl.

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

Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 3,315 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-09-2019

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

43320Joinery installation

43422Screed work

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.