ACTIVE

GCN

Financial year 2025 · closed on 30/09/2025
Net result
23 k €
+167.5% YoY
Gross margin
25,6 k €
+182.0% YoY
Equity
24,7 k €
+110.5% YoY

What does GCN do?

GCN is a Private limited company incorporated in 2012. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0508.805.580
Incorporation
31/12/2012
Legal form
Private limited company
Registered office
Avenue Emile de Beco 35 box b
1050 Ixelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin25,6 k €-31,2 k €-5,7 k €5,4 k €11,8 k €11,7 k €14,2 k €12,8 k €3 k €5 k €12,4 k €27,3 k €
EBITDA24,6 k €-33,8 k €-6,2 k €4,9 k €11,3 k €11 k €12,7 k €12,3 k €2,5 k €4,5 k €11,8 k €26,9 k €
Operating result23,8 k €-33,8 k €-7,9 k €3,5 k €5,6 k €5,5 k €7 k €371,5 €514,3 €3,4 k €6,4 k €16,3 k €
Net result23 k €-34 k €-8,2 k €2,7 k €4,3 k €4,3 k €5,1 k €123,3 €174,4 €2,4 k €4,6 k €11,6 k €
Balance sheet
Equity24,7 k €11,7 k €45,7 k €53,9 k €51,2 k €46,9 k €30,2 k €25,1 k €24,9 k €24,8 k €22,3 k €17,8 k €
Total assets30,9 k €19,2 k €59,5 k €78,3 k €80,8 k €78,1 k €84 k €100,1 k €71 k €49 k €41 k €80,4 k €
Cash2,6 k €3,9 k €2 k €3,5 k €21,2 k €8,8 k €20,4 k €16 k €35,4 k €6,5 k €8,9 k €
Debts6,3 k €7,5 k €13,8 k €24,4 k €29,4 k €31,2 k €53,8 k €75,1 k €46 k €24,2 k €18,7 k €62,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2023 · 1 active · 2 ended

Active mandates

Gherasim Cretan

Administrator - manager · since 19 décembre 2012

Active

Ended mandates

Gherasim Ioan Cretan

Manager · since 19 décembre 2012

Ended
GHERASIM IOAN CRETAN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/12/202515/03/202502/05/202410/03/202322/03/202228/04/2021
General meeting19/12/202512/03/202514/03/202408/03/202309/03/202210/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202519/12/202520/12/2025FrenchPDF
Micro model30/09/202412/03/202515/03/2025FrenchPDF
Abridged model30/09/202314/03/202402/05/2024FrenchPDF
Abridged model30/09/202208/03/202310/03/2023FrenchPDF
Abridged model30/09/202109/03/202222/03/2022FrenchPDF
Abridged model30/09/202010/03/202128/04/2021FrenchPDF
Abridged model30/09/201911/03/202030/04/2020FrenchPDF
Micro model30/09/201813/03/201930/04/2019FrenchPDF
Micro model30/09/201714/03/201830/04/2018FrenchPDF
Abridged model30/09/201608/03/201728/04/2017FrenchPDF
Abridged model30/09/201509/03/201619/04/2016FrenchPDF
Abridged model30/09/201411/03/201523/04/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2023 · 1 active · 2 ended

Active mandates

Gherasim Cretan

Administrator - manager · since 19 décembre 2012

Active

Ended mandates

Gherasim Ioan Cretan

Manager · since 19 décembre 2012

Ended
GHERASIM IOAN CRETAN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/07/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/07/2015
    SIEGE SOCIAL - CAPITAL, ACTIONS
    PDF
  • Other11/01/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202523 k €
  2. 2024
    Annual accounts 2024-34 k €
  3. 2023
    Annual accounts 2023-8,2 k €
  4. 2022
    Annual accounts 20222,7 k €
  5. 2021
    Annual accounts 20214,3 k €
  6. 2020
    Annual accounts 20204,3 k €
  7. 2019
    Annual accounts 20195,1 k €
  8. 2018
    Annual accounts 2018123,3 €
  9. 2017
    Annual accounts 2017174,4 €
  10. 2016
    Annual accounts 20162,4 k €
  11. 2015
    Annual accounts 20154,6 k €
  12. 2014
    Annual accounts 201411,6 k €
  13. 31/12/2012
    IncorporationPrivate limited company