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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Group Purchasing Services from Mechelen, company number BE0682982344, closed financial year 2024 with a result of € -66,382 after tax. For that financial year Group Purchasing Services recorded a gross margin of € -14,293 and equity of € 13,535. Compared with financial year 2023, the result moved from € -110,547 to € -66,382. The company made a loss. The buffer shrank hard: equity is 83 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2025.
€ 13,535
▼ 83% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,382
▲ 40 % less loss than in 2023
Profit after tax over the fiscal year.
€ 54
▲ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7,335.
Debts at end 2024
€ 70,000
Loans from banks and other lenders, long and short.
€ 167,746
▼ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,126
▲ 34% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,646 | € -89,930 | € -59,484 | € -14,293 | ▲ € 45,191 |
| Profit after taxes | € -5,550 | € 177,973 | € -110,547 | € -66,382 | ▲ € 44,165 |
| Equity | € 12,492 | € 190,465 | € 79,917 | € 13,535 | ▼ 83% |
| Total debts | € 172,233 | € 587,062 | € 306,424 | € 284,270 | ▼ 7% |
| Cash | € 37 | € 30,013 | € 41 | € 54 | ▲ 32% |
| Retained profit | € 6,292 | € 184,265 | € 73,717 | € 7,335 | ▼ 90% |
| Bank debt | € 9,889 | € 220,000 | € 70,000 | € 70,000 | |
| Balance sheet total | € 184,725 | € 777,527 | € 386,342 | € 297,805 | ▼ 23% |
Key figures of Group Purchasing Services, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Group Purchasing Services?
What happened at Group Purchasing Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Group Purchasing Services is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 66,382. Source: NBB ↗
- New establishment in Mechelen. KBO
- BV JUST SAY SO BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,550 loss in 2021 to € 66,382 loss in 2024.
Best year ever: 2022, with € 177,973 profit.
Management
Behind Group Purchasing Services is BV JUST SAY SO BV.
Directors
According to the 2024 annual accounts
Director · represented by Olivier GLORIEUX
since 2017
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 261
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
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+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0682.982.344
- VAT number
- BE 0682.982.344
- Registered office
- Antwerpsesteenweg 261, 2800 Mechelen
- Names & denominations
- Group Purchasing Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 17 October 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
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Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige vormen van onderwijs
Overige zakelijke dienstverlening, neg
Diverse administratieve activiteiten ten behoeve van kantoren
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering