Dhaliwal GYS

Active

Private limited companyfounded 20215 yrs activeDr.-Van de Perrestraat 205, 2440 Geel, BelgiumKBO/BCE: BE 0767.466.968

The computed 12-month bankruptcy probability of Dhaliwal GYS is 2.1% (moderate). The 2024 annual accounts show equity of €19k and a net result of €9k. Equity is growing by ~77.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 26046 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

62 / 100

Healthy

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

Axes · tick = 2023

Profitability76▼-6

Solvency56▲+14

Growth78=

Track record94

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity ample (current ratio 1.66 against 0.87 in 2023; short-term debt: 29.7% and cash: 6.9% of total assets), but 68.5% 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

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

31.5%

Return on assets

13.9%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

27 d late

2023

51 d late

2022

23 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 2024, micro schema

Equity

€19k▲ 79.5%

2023 · €11k

2022: €3k 2023: €11k

2022 → 2024

Total assets

€61k▼ 0.6%

2023 · €62k

2022: €26k 2023: €62k

2022 → 2024

Net result

€9k▲ 4.4%

2023 · €8k

2022: €74 2023: €8k

2022 → 2024

Working capital

€12k

2023 · €-3k

2022: €-2k 2023: €-3k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€3k-€11k▲ 319%€19k▲ 79.5%

Operating result€3k-€15k▲ 369%€15k▲ 6.3%

Net result€74-€8k▲ 11,053%€9k▲ 4.4%

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

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 6% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €61k

50.6%

49.4%

Fixed assets €31k▼ 29.0%

Current assets €30k▲ 68.4%

Equity and liabilities €61k

31.5%

68.5%

Equity €19k▲ 79.5%

Debt €42k▼ 17.5%

The debt ratio falls from 82.6% to 68.5%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€26k▲

2023 · €25k

Cash flow

€19k▲

2023 · €19k

Solvency

31.5%▲

2023 · 17.4%

Current ratio

1.66▲

2023 · 0.87

Quick ratio

0.93▲

2023 · 0.22

Debt / equity

2.18▼

2023 · 4.74

ROE

44.3%▼

2023 · 76.1%

ROA

13.9%▲

2023 · 13.3%

Interest coverage

4.76▼

2023 · 5.62

Debt

€42k▼

2023 · €51k

Debt ≤ 1 year

€18k▼

2023 · €21k

Debt > 1 year

€24k▼

2023 · €30k

Income taxes

€2k▲

2023 · €2k

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€62k€61k▼

Fixed assets21/28€44k€31k▼

Tangible fixed assets22/27€40k€30k▼

Plant, machinery and equipment23€990€550▼

Furniture and vehicles24€39k€29k▼

Financial fixed assets28€3k€1k▼

Current assets29/58€18k€30k▲

Stocks and contracts in progress3€14k€13k▼

Stocks30/36€14k€13k▼

Amounts receivable within one year40/41€4k€13k▲

Trade receivables40-€999

Other amounts receivable41€4k€12k▲

Cash at bank and in hand54/58€390€4k▲

Equity and liabilities

Total equity and liabilities10/49€62k€61k▼

Equity10/15€11k€19k▲

Contributions10/11€3k€3k=

Reserves13€74€74=

Distributable reserves133€74€74=

Profit (loss) carried forward14€8k€17k▲

Amounts payable17/49€51k€42k▼

Amounts payable after more than one year17€30k€24k▼

Financial debts170/4€30k€24k▼

Amounts payable within one year42/48€21k€18k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€9k€9k▲

Suppliers440/4€9k€9k▲

Taxes, remuneration and social security45€6k€2k▼

Taxes450/3€2k€358▼

Remuneration and social security454/9€4k€2k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=

Other operating charges640/8€6k€4k▼

Gross operating margin9900€31k€30k▼

Operating profit (loss)9901€15k€15k▲

Financial income75/76B€129€652▲

Recurring financial income75€129€652▲

Financial charges65/66B€4k€5k▲

Recurring financial charges65€4k€5k▲

Profit (loss) for the period before taxes9903€10k€11k▲

Income taxes67/77€2k€2k▲

Profit (loss) for the period9904€8k€9k▲

Profit (loss) for the period to be appropriated9905€8k€9k▲

Appropriation of the result

Profit (loss) to be appropriated9906€8k€17k▲

Profit (loss) brought forward from the previous period14P-€8k

The notes to these accounts (8 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 4Financial 1Filings 3

2025

27-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 27 days late

2024

31-12

Financial Highest result since 2022net €9k ▲4.4%

Operating result €15k, net result €9k, both a record.

20-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 51 days late

2023

23-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 23 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Geel · 1 establishment unit since 2021

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.

Dr.-Van de Perrestraat 2052440 Geel

Ground area

124 m²

Building footprint

93 m²

Volume, LiDAR

608 m³

Parcel 13374F0519/00B002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Dhaliwal GYS

Dr.-Van de Perrestraat 205, 2440 GeelRetail trade

since 20212.317.627.235

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13374F0519/00B002	Flanders	124 m²	1 · 93 m²	9.9 m · 2 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Geel2.317.627.235

1 permission

Toelating · Detailhandel · since 13-02-2023

Similar companies · same sector, comparable size

Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,123 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded26-04-2021

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47112Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.