Denis GUSTIN

Active

Private limited companyfounded 20241 yr activeRue les Ruelles 7, 4280 Hannut, BelgiumKBO/BCE: BE 1017.845.150

Denis GUSTIN has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €81k. Its solvency ranks better than 36% of 3111 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability91

Solvency44

Growth-

Track record67

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity short (current ratio 0.31; short-term debt: 81% and cash: 1.1% of total assets), and 81% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 01

Relative position

BE, all sectors

reference

Sector 01

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

19%

Return on assets

17.9%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 1 filing

Deviation from the deadline

2025

4 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€86k

Total assets

€454k

Net result

€81k

Working capital

€-252k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €454k

74.5%

25.5%

Fixed assets €338k

Current assets €116k

Equity and liabilities €454k

19.0%

81.0%

Equity €86k

Debt €368k

Debt finances 81.0% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€147k

Cash flow

€120k

Solvency

19.0%

Current ratio

0.31

Quick ratio

0.24

Debt / equity

4.27

ROE

94.2%

ROA

17.9%

Interest coverage

1708.93

Debt

€368k

Debt ≤ 1 year

€368k

Income taxes

€27k

Staff costs

€9k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€454k

Fixed assets21/28€338k

Tangible fixed assets22/27€338k

Plant, machinery and equipment23€338k

Current assets29/58€116k

Stocks and contracts in progress3€26k

Stocks30/36€26k

Amounts receivable within one year40/41€81k

Trade receivables40€76k

Other amounts receivable41€5k

Cash at bank and in hand54/58€5k

Deferred charges and accrued income490/1€3k

Equity and liabilities

Total equity and liabilities10/49€454k

Equity10/15€86k

Contributions10/11€5k

Profit (loss) carried forward14€81k

Amounts payable17/49€368k

Amounts payable within one year42/48€368k

Trade debts44€14k

Suppliers440/4€14k

Taxes, remuneration and social security45€41k

Taxes450/3€32k

Remuneration and social security454/9€9k

Other amounts payable47/48€313k

Income statement Code2025

Remuneration, social security and pensions62€9k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k

Other operating charges640/8€5k

Gross operating margin9900€161k

Operating profit (loss)9901€108k

Financial income75/76B€286

Recurring financial income75€286

Financial charges65/66B€86

Recurring financial charges65€86

Profit (loss) for the period before taxes9903€108k

Income taxes67/77€27k

Profit (loss) for the period9904€81k

Profit (loss) for the period to be appropriated9905€81k

Appropriation of the result

Profit (loss) to be appropriated9906€81k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

04-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 4 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Hannut · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Rue les Ruelles 74280 Hannut

Ground area

775 m²

Building footprint

130 m²

Parcel 64072A0483/00C002, Wallonia. Linked by address, not a title deed.

1 establishment unit

Denis GUSTIN

Rue les Ruelles 7, 4280 HannutGrowing of cereals (except rice), leguminous crops and oil seeds

since 20242.367.682.797

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
64072A0483/00C002	Wallonia	775 m²	1 · 130 m²	-

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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Hannut2.367.682.797

1 permission

Boerderij - akkerbouw · since 16-11-2025

Similar companies · same sector, comparable size

Middelkerke · Eq €85k

Of 5,167 companies in sector 01110 we hold annual accounts for 612. 442 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded23-12-2024

Fiscal year end31-12

Activities, NACEBEL

01110Growing of cereals (except rice), leguminous crops and oil seeds

81300Landscape service activities

01130Growing of vegetables, melons, roots and tubers

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.