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 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2024; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
GF Coordination GmbH from Zug, company number BE0860797497, closed financial year 2024 with a result of € -50,174 after tax. For that financial year GF Coordination GmbH recorded a gross margin of € -6,440 and equity of € -63,097. Compared with financial year 2024, the result moved from € -39,287 to € -50,174. 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 July 24, 2025.
€ -63,097
▼ € 50,174 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,174
▼ 28 % more loss than in 2024
Profit after tax over the fiscal year.
€ 38,349
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -93,097.
People and assets in 2024
0.6
Average over the fiscal year, from the social balance sheet.
€ 32,217
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 73,665
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 9,584
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,696
▲ € 3,967 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2024 | Change 2024 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 50,560 | € 14,394 | € -31,446 | € -6,440 | ▲ € 25,006 |
| Profit after taxes | € 45,895 | € -64,793 | € -39,287 | € -50,174 | ▼ € 10,887 |
| Equity | € 91,156 | € 26,364 | € -12,923 | € -63,097 | ▼ € 50,174 |
| Total debts | € 54,820 | € 31,513 | € 141,663 | € 184,057 | ▲ 30% |
| Cash | € 2,717 | € 31,918 | € 31,535 | € 38,349 | ▲ 22% |
| Retained profit | € 61,156 | € -3,636 | € -42,923 | € -93,097 | ▼ € 50,174 |
| Balance sheet total | € 145,977 | € 57,877 | € 128,740 | € 120,959 | ▼ 6% |
| Employees (FTE) | - | - | - | 0.6 |
Key figures of GF Coordination GmbH, 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 GF Coordination GmbH?
What happened at GF Coordination GmbH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 39,287. Source: NBB ↗
- PALLAS CAMPUS BV became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,895 profit in 2022 to € 50,174 loss in 2024.
Paid € 4,171 in corporate taxes since 2022.
Best year ever: 2022, with € 45,895 profit.
Management
The stake of GALVAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GF Coordination GmbHBehind GF Coordination GmbH is PALLAS CAMPUS BV. The shares are held by GALVAN (100%).
Directors
According to the 2024 annual accounts
Director · represented by Tom Cloet
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baarerstrasse 135
6300 Zug
Louizalaan 54
1050 Brussel
Active since 30 June 2003
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
- 0860.797.497
- VAT number
- BE 0860.797.497
- Registered office
- Baarerstrasse 135, 6300 Zug
- Names & denominations
- GF Coordination GmbH
- Enterprise type
- Rechtspersoon
- Legal form
- Foreign entity
- Legal situation
- Normale toestand
- Start date
- 30 June 2003
- Peppol
- Not registered
- Activities · NACE
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Groothandel in veevoeders
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed
Handel in onroerend goed
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering