Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
GSM EXPRESS from Schaarbeek, company number BE0668793719, closed financial year 2023 with a result of € -5,206 after tax. For that financial year GSM EXPRESS recorded a gross margin of € -3,000 and equity of € -51,256. Compared with financial year 2022, the result moved from € -23,780 to € -5,206. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2024.
€ -51,256
▼ € 5,206 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,206
▲ 78 % less loss than in 2022
Profit after tax over the fiscal year.
€ 1,660
▲ 131% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,856.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 98
▼ € 42,717 vs 2022
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 60,733
▲ 16% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 558
▼ 89% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 10,442 | € 21,967 | € -3,000 | ▼ € 24,967 |
| Profit after taxes | € -13,184 | € -23,780 | € -5,206 | ▲ € 18,574 |
| Equity | € -22,271 | € -46,050 | € -51,256 | ▼ € 5,206 |
| Total debts | € 41,735 | € 64,360 | € 67,133 | ▲ 4% |
| Cash | € 507 | € 718 | € 1,660 | ▲ 131% |
| Retained profit | € -40,871 | € -64,650 | € -69,856 | ▼ € 5,206 |
| Balance sheet total | € 19,464 | € 18,310 | € 15,877 | ▼ 13% |
Key figures of GSM EXPRESS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to GSM EXPRESS?
What happened at GSM EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GSM EXPRESS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 5,206. filed late Source: NBB ↗
- Shahiduz, ZAMAN MD became a director. NBB
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,184 loss in 2021 to € 5,206 loss in 2023.
A new publication or filing at GSM EXPRESS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GSM EXPRESS is Shahiduz, ZAMAN MD.
Directors
According to the 2023 annual accounts
Shahiduz, ZAMAN MD
Director
since 2019
Establishments
Establishment units
Physical locations of this company
d'Hoogvorststraat 9
1030 Schaarbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.793.719
- VAT number
- BE 0668.793.719
- Registered office
- d'Hoogvorststraat 9, 1030 Schaarbeek
- Names & denominations
- GSM EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 5 January 2017
- Peppol
- Not registered
- Activities · NACE
Detailhandel in ICT-apparatuur
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Reparatie en onderhoud van computers en communicatieapparatuur
Activiteiten van toeristische informatiediensten
Activiteiten van reisorganisatoren
Personenvervoer over de weg zonder dienstregeling
Diensten voor personenvervoer op aanvraag per voertuig met chauffeur
Reparatie van computers en randapparatuur
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