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 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 351 days after the legal deadline.
Financials
Financial year 2024
GSI from Vorst, company number BE0698658930, closed financial year 2024 with a result of € 22,041 after tax. For that financial year GSI recorded revenue of € 66,641 and equity of € -1,987. Compared with financial year 2021, the result moved from € -8,355 to € 22,041. Profitable, and profit is growing. 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 July 17, 2026.
€ -1,987
▲ € 1,271 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,041
▲ still € 8,355 loss in 2021
Profit after tax over the fiscal year.
€ 585
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1,987.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 52,431
▼ 55% vs 2021
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2024 | Change 2021 → 2024 | |
|---|---|---|---|
| Revenue | € 43,424 | € 66,641 | ▲ 53% |
| Gross margin | € -8,354 | € 22,167 | ▲ € 30,521 |
| Profit after taxes | € -8,355 | € 22,041 | ▲ € 30,396 |
| Equity | € -3,258 | € -1,987 | ▲ € 1,271 |
| Total debts | € 116,002 | € 52,431 | ▼ 55% |
| Cash | - | € 585 | |
| Retained profit | € -18,258 | € -1,987 | ▲ € 16,271 |
| Balance sheet total | € 112,744 | € 50,444 | ▼ 55% |
Key figures of GSI, 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 GSI?
What happened at GSI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 22,041. filed late Source: NBB ↗
- New establishment in Jette. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,355 loss in 2021 to € 22,041 profit in 2024.
Best year ever: 2024, with € 22,041 profit.
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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
Establishments
Establishment units
Physical locations of this company
Berthelotstraat 126
1190 Vorst
Corneille De Clercqstraat 126
1090 Jette
Active since 1 July 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0698.658.930
- VAT number
- BE 0698.658.930
- Registered office
- Berthelotstraat 126, 1190 Vorst
- Names & denominations
- GSI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2018
- Peppol
- Active · Active since 9 Jul 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Handel in eigen onroerend goed