DE GUSTING
ActiveDE GUSTING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76k and a net result of €5k. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 18938 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability31▲+31
Solvency43▲+9
Growth32=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.53 in 2023), and 69.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.5%
Return on assets
1.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
36 d early
2022
34 d early
2021
1 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€76k▲ 6.5%
2023 · €71k
2018: €104k
2019: €92k
2020: €78k
2021: €68k
2022: €91k
2023: €71k
2018 → 2024
Total assets
€249k▼ 0.7%
2023 · €251k
2018: €329k
2019: €303k
2020: €287k
2021: €280k
2022: €290k
2023: €251k
2018 → 2024
Net result
€5k
2023 · €-19k
2018: €8k
2019: €-12k
2020: €-13k
2021: €-10k
2022: €22k
2023: €-19k
2018 → 2024
Working capital
€-9k▲ 55.3%
2023 · €-20k
2018: €11k
2019: €2k
2020: €-6k
2021: €-16k
2022: €3k
2023: €-20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€78k-€68k▼ 12.6%€91k▲ 32.7%€71k▼ 21.4%€76k▲ 6.5%
Operating result€-8k-€4k€28k▲ 572%€-16k€8k
Net result€-13k-€-10k▲ 26.7%€22k€-19k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €16k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €249k
Fixed assets
€212k▼ 7.2%
Current assets
€37k▲ 65.8%
Equity and liabilities €249k
Equity
€76k▲ 6.5%
Debt
€173k▼ 3.6%
The debt ratio falls from 71.5% to 69.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€29k▲
2023 · €3k
Cash flow
€25k▲
2023 · €-992
Solvency
30.5%▲
2023 · 28.5%
Current ratio
0.81▲
2023 · 0.53
Quick ratio
0.62▲
2023 · 0.50
Debt / equity
2.27▼
2023 · 2.51
ROE
6.1%▲
2023 · -27.3%
ROA
1.9%▲
2023 · -7.8%
Interest coverage
7.58▲
2023 · 0.79
Debt
€173k▼
2023 · €179k
Debt ≤ 1 year
€46k▲
2023 · €42k
Debt > 1 year
€127k▼
2023 · €137k
Income taxes
€235▲
2023 · €231
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€251k€249k▼
Fixed assets21/28€228k€212k▼
Tangible fixed assets22/27€228k€212k▼
Land and buildings22€212k€199k▼
Plant, machinery and equipment23€7k€7k▲
Furniture and vehicles24€9k€5k▼
Financial fixed assets28€500-
Current assets29/58€22k€37k▲
Stocks and contracts in progress3€1k€9k▲
Stocks30/36€1k€9k▲
Amounts receivable within one year40/41€3k€53▼
Trade receivables40€3k-
Other amounts receivable41-€53
Cash at bank and in hand54/58€17k€28k▲
Deferred charges and accrued income490/1€867-
Equity and liabilities
Total equity and liabilities10/49€251k€249k▼
Equity10/15€71k€76k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€72k€72k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130-€2k
Reserves not available under the articles1311€2k-
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€-19k€-15k▲
Amounts payable17/49€179k€173k▼
Amounts payable after more than one year17€137k€127k▼
Financial debts170/4€137k€127k▼
Amounts payable within one year42/48€42k€46k▲
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€650€466▼
Taxes450/3€650€466▼
Other amounts payable47/48€25k€27k▲
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€600-
Gross operating margin9900€6k€31k▲
Operating profit (loss)9901€-16k€8k▲
Financial income75/76B-€266
Recurring financial income75-€266
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-19k€5k▲
Income taxes67/77€231€235▲
Profit (loss) for the period9904€-19k€5k▲
Profit (loss) for the period to be appropriated9905€-19k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-15k▲
Profit (loss) brought forward from the previous period14P-€-19k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-19k ▼187%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after 3 loss-making years.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwstraat 982440 GeelGround area
169 m²
Building footprint
124 m²
Volume, LiDAR
690 m³
Parcel 13008H0303/00L000, Flanders · tallest building 12.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE GUSTING BVBA
since 20032.134.208.945
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H0303/00L000 | Flanders | 168 m² | 1 · 124 m² | 12.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
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ANK06
BE 0696.633.214
Destelbergen · Eq €76k
SOFRAN
BE 1012.058.408
Blankenberge · Eq €76k
PHILIPPINE
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-11-2003
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.