Bankrupt · Opening faillissement (CBE)

GSSD

BE0787500834

Rechtspersoon Private limited company

GSSD is a hospitality business in Elsene. Private Limited, started on 21 June 2022.

Louizalaan 54, 1050 Elsene

Behind the company: GEORGIOS SFAKIANAKIS.

Start date

21 June 2022

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 3 of the last 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

GSSD from Elsene, company number BE0787500834, closed financial year 2024 with a result of € 1,554 after tax. For that financial year GSSD recorded a gross margin of € 139,210 and equity of € -216,638. Compared with financial year 2023, the result moved from € -182,419 to € 1,554. 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 September 20, 2025.

What it is worth Caution

€ -216,638

▲ € 1,554 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1,554

▲ still € 182,419 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1,104

▼ 67% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -220,638.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 88,255

▲ 1% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 17,161

▼ 29% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 171,240

▲ 8% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 45,194

▲ 140% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Revenue € 68,488 € 281,364 -
Gross margin € -701 € -46,656 € 139,210 ▲ € 185,866
Profit after taxes € -39,773 € -182,419 € 1,554 ▲ € 183,973
Equity € -35,773 € -218,192 € -216,638 ▲ € 1,554
Total debts € 372,359 € 454,060 € 391,208 ▼ 14%
Cash € 8,463 € 3,318 € 1,104 ▼ 67%
Land & buildings € 128,263 € 103,455 € 75,131 ▼ 27%
Retained profit € -39,773 € -222,192 € -220,638 ▲ € 1,554
Balance sheet total € 336,587 € 235,868 € 174,570 ▼ 26%

Key figures of GSSD, fiscal years 2022 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 GSSD?

What happened at GSSD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GSSD is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: profit of € 1,554. filed late Source: NBB ↗
  • Start of the company according to the CBE. KBO

In short

From € 39,773 loss in 2022 to € 1,554 profit in 2024.

Best year ever: 2024, with € 1,554 profit.

Management

GEORGIOS SFAKIANAKIS
GSSD

Behind GSSD is GEORGIOS SFAKIANAKIS. GEORGIOS SFAKIANAKIS is also behind ASSOS1.

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Directors

According to the 2024 annual accounts

GEORGIOS SFAKIANAKIS

Managing director

Also active at: ASSOS1

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 54

1050 Elsene

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0787.500.834
VAT number
BE 0787.500.834
Registered office
Louizalaan 54, 1050 Elsene
Names & denominations
GSSD
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
21 June 2022
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Frequently asked questions

What does GSSD do?
GSSD is a hospitality business in Elsene. Private Limited, started on 21 June 2022.
What is the address of GSSD?
The registered office of GSSD is located at Louizalaan 54, 1050 Elsene.
Is GSSD still active?
No. The CBE lists GSSD with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is GSSD registered on Peppol?
No, GSSD is currently not registered on the Peppol network.
What is the enterprise number of GSSD?
The enterprise number of GSSD is BE0787500834.
When was GSSD founded?
GSSD was founded on 21 June 2022.