Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
G&S GROUP from Koekelare, company number BE0690992762, closed financial year 2024 with a result of € -91,440 after tax. For that financial year G&S GROUP recorded a gross margin of € 131,491 and equity of € 192,762. Compared with financial year 2023, the result moved from € 52,146 to € -91,440. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 29, 2025.
€ 192,762
▼ 32% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -91,440
▼ still € 52,146 profit in 2023
Profit after tax over the fiscal year.
€ 2,612
▼ 90% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 132,762.
People and assets in 2024
€ 54,384
▲ 1% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 935,603
▲ 2% vs 2023
€ 148,373 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 202,400
▲ 65% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 87,381
▼ 6% 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 | € 319,903 | € 263,635 | € 235,089 | € 131,491 | ▼ 44% |
| Profit after taxes | € 146,987 | € 39,166 | € 52,146 | € -91,440 | ▼ € 143,586 |
| Equity | € 192,890 | € 232,056 | € 284,202 | € 192,762 | ▼ 32% |
| Total debts | € 1,162,646 | € 1,207,926 | € 1,137,392 | € 1,225,384 | ▲ 8% |
| Cash | € 599 | € 15,289 | € 25,319 | € 2,612 | ▼ 90% |
| Land & buildings | € 1,019,902 | € 983,514 | € 951,875 | € 954,845 | |
| Retained profit | € 132,890 | € 172,056 | € 224,202 | € 132,762 | ▼ 41% |
| Bank debt | € 960,951 | € 961,155 | € 920,884 | € 935,603 | ▲ 2% |
| Balance sheet total | € 1,355,536 | € 1,439,982 | € 1,421,594 | € 1,418,146 |
Key figures of G&S GROUP, 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 G&S GROUP?
What happened at G&S GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 91,440 (▼ € 143,586 vs 2023). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 146,987 profit in 2021 to € 91,440 loss in 2024.
Paid € 85,785 in corporate taxes since 2021.
Best year ever: 2021, with € 146,987 profit.
Establishments
Establishment units
Physical locations of this company
Belhuttebaan 119
8680 Koekelare
Zeedijk 63
8430 Middelkerke
Active since 27 February 2018
Visserskaai z/n
8400 Oostende
Active since 3 February 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0690.992.762
- VAT number
- BE 0690.992.762
- Registered office
- Belhuttebaan 119, 8680 Koekelare
- Names & denominations
- G&S GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2018
- Peppol
- Active · Active since 25 Nov 2024
- Activities · NACE
Exploitatie van kermisattracties
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Overige recreatie- en ontspanningsactiviteiten, neg
Activiteiten van pret- en themaparken
Cafés en bars
Eetgelegenheden met beperkte bediening
Exploitatie van pret- en themaparken