DRUKKERIJ GAZELLE
ActiveDRUKKERIJ GAZELLE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €137k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 166 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency14▲+1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.8 in 2024), and 91% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9%
Return on assets
8.9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 166 sector peers (2025).
NBB · sector comparisonPosition among 166 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
43 d early
2023
13 d late
2022
13 d early
2021
37 d early
2020
117 d late
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€137k▲ 0.6%
2024 · €136k
2018: €224k
2019: €114k
2020: €138k
2021: €95k
2022: €179k
2023: €163k
2024: €136k
2018 → 2025
Working capital
€-206k▲ 20.5%
2024 · €-260k
2018: €140k
2019: €27k
2020: €6k
2021: €-19k
2022: €-9k
2023: €-233k
2024: €-260k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€102k▲ 0.2%€125k▲ 23.1%€131k▲ 4.7%€138k▲ 5.1%
Operating result€97k-€185k▲ 90.4%€173k▼ 6.9%€148k▼ 14.2%€128k▼ 13.4%
Net result€95k-€179k▲ 88.2%€163k▼ 8.8%€136k▼ 16.8%€137k▲ 0.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€350k▼ 16.7%
Current assets
€1.18M▲ 13.9%
Equity and liabilities €1.53M
Equity
€138k▲ 5.1%
Debt
€1.39M▲ 5.1%
The debt ratio stays at 91.0%.
Key figures and ratios
EBITDA
€297k▼
2024 · €305k
Cash flow
€305k▲
2024 · €293k
Solvency
9.0%▲
2024 · 9.0%
Current ratio
0.85▲
2024 · 0.80
Quick ratio
0.83▲
2024 · 0.77
Debt / equity
10.10▼
2024 · 10.10
ROE
99.2%▼
2024 · 103.7%
ROA
8.9%▼
2024 · 9.3%
Interest coverage
64.61▲
2024 · 32.53
Debt
€1.39M▲
2024 · €1.32M
Debt ≤ 1 year
€1.39M▲
2024 · €1.29M
Debt > 1 year
€6k▼
2024 · €30k
Income taxes
€618▼
2024 · €3k
Staff costs
€668k▲
2024 · €623k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.46M€1.53M▲
Fixed assets21/28€420k€350k▼
Intangible fixed assets21€96k€118k▲
Tangible fixed assets22/27€321k€228k▼
Plant, machinery and equipment23€150k€104k▼
Furniture and vehicles24€71k€44k▼
Leasing and similar rights25€40k-
Other tangible fixed assets26€60k€80k▲
Financial fixed assets28€4k€4k=
Current assets29/58€1.04M€1.18M▲
Stocks and contracts in progress3€33k€32k▼
Stocks30/36€33k€32k▼
Amounts receivable within one year40/41€721k€764k▲
Trade receivables40€521k€543k▲
Other amounts receivable41€200k€221k▲
Cash at bank and in hand54/58€270k€383k▲
Deferred charges and accrued income490/1€11k€577▼
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.53M▲
Equity10/15€131k€138k▲
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€57k€63k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€49k€56k▲
Amounts payable17/49€1.32M€1.39M▲
Amounts payable after more than one year17€30k€6k▼
Financial debts170/4€30k€6k▼
Amounts payable within one year42/48€1.29M€1.39M▲
Current portion of amounts payable after more than one year42€26k€24k▼
Financial debts43€25k€10k▼
Credit institutions430/8€25k-
Other loans439-€10k
Trade debts44€355k€321k▼
Suppliers440/4€355k€321k▼
Taxes, remuneration and social security45€82k€87k▲
Taxes450/3€8k€3k▼
Remuneration and social security454/9€73k€85k▲
Other amounts payable47/48€807k€944k▲
Income statement
Code20242025
Non-recurring operating income76A€452-
Remuneration, social security and pensions62€623k€668k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€157k€169k▲
Other operating charges640/8€9k€7k▼
Gross operating margin9900€937k€972k▲
Operating profit (loss)9901€148k€128k▼
Financial income75/76B€16€14k▲
Recurring financial income75€16€14k▲
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€139k€137k▼
Income taxes67/77€3k€618▼
Profit (loss) for the period9904€136k€137k▲
Profit (loss) for the period to be appropriated9905€136k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€136k€137k▲
Transfer to equity691/2€6k€7k▲
To other reserves6921€6k€7k▲
Profit to be distributed694/7€130k€130k=
Directors or managers695€130k€130k=
Social balance
Average headcount (FTE)908710.311.3▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 13 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €95k ▼31.1%
Net result drops to €95k, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 117 days late
2020
31-12
Financial
Equity above €100kEq €101k ▲8.8%
3 profitable years in a row build equity to €101k.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2000
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.
Mortselsesteenweg 582100 AntwerpenGround area
234 m²
Building footprint
68 m²
Volume, LiDAR
459 m³
Parcel 11346B0600/00W011, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DRUKKERIJ GAZELLE
since 20002.131.848.875
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0600/00W011 | Flanders | 234 m² | 1 · 68 m² | 7.9 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 20,133 EUR awarded · 20,133 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 14,079 EUR | 14,079 EUR |
| 2024 | 2 | 2,440 EUR | 6,054 EUR |
| 2023 | 1 | 3,614 EUR | 0 EUR |
Schemes
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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GOMES Manuel-LETTRAGE PUBLICITAIRE
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DRUKKERIJ VANHALST
BE 0458.129.614
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PIRSON' IMPRIMERIE
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Of 1,596 companies in sector 18120 we hold annual accounts for 804. 618 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-11-2000
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
17120Manufacture of paper and paper products
21121
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.