DU GAZ
ActiveThe computed 12-month bankruptcy probability of DU GAZ is 3.7% (moderate). The 2024 annual accounts show negative equity (€-113k) and a net result of €-25k. Equity is shrinking by ~100.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 18939 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.26 in 2023; short-term debt: 383.6% and cash: 38.1% of total assets), and equity is negative.
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
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 →
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
-358.3%
Return on assets
-78.7%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-113k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
21 d late
2023
8 d early
2022
3 d late
2021
25 d late
2020
20 d late
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-113k▼ 28.2%
2023 · €-88k
2018: €24k
2019: €26k
2020: €-8k
2021: €-7k
2022: €-58k
2023: €-88k
2018 → 2024
Total assets
€31k▼ 21.6%
2023 · €40k
2018: €176k
2019: €178k
2020: €112k
2021: €109k
2022: €66k
2023: €40k
2018 → 2024
Net result
€-25k▲ 16.9%
2023 · €-30k
2018: €12k
2019: €2k
2020: €-34k
2021: €944
2022: €-51k
2023: €-30k
2018 → 2024
Working capital
€-100k▼ 6.0%
2023 · €-94k
2018: €20k
2019: €7k
2020: €-24k
2021: €-4k
2022: €-59k
2023: €-94k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-8k-€-7k▲ 11.9%€-58k▼ 734%€-88k▼ 51.2%€-113k▼ 28.2%
Operating result€-32k-€3k€-47k€-26k▲ 43.5%€-19k▲ 29.7%
Net result€-34k-€944€-51k€-30k▲ 41.8%€-25k▲ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €26k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€11k▲ 54.5%
Current assets
€21k▼ 37.2%
Key figures and ratios
EBITDA
€-15k▲
2023 · €-16k
Cash flow
€-22k▼
2023 · €-19k
Solvency
-358.3%▼
2023 · -219.2%
Current ratio
0.17▼
2023 · 0.26
Quick ratio
0.11▼
2023 · 0.20
Debt / equity
-1.28▲
2023 · -1.46
ROA
-78.7%▼
2023 · -74.3%
Interest coverage
-2.73▲
2023 · -5.61
Debt
€144k▲
2023 · €128k
Debt ≤ 1 year
€121k▼
2023 · €127k
Debt > 1 year
€23k▲
2023 · €627
Income taxes
€663▼
2023 · €740
Staff costs
€123k▲
2023 · €112k
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€40k€31k▼
Fixed assets21/28€7k€11k▲
Tangible fixed assets22/27€7k€11k▲
Land and buildings22€4k€2k▼
Plant, machinery and equipment23€3k€8k▲
Furniture and vehicles24€334€100▼
Current assets29/58€33k€21k▼
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€3k€188▼
Trade receivables40€3k€188▼
Other amounts receivable41€843-
Cash at bank and in hand54/58€21k€12k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€40k€31k▼
Equity10/15€-88k€-113k▼
Contributions10/11€6k€6k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-111k€-136k▼
Amounts payable17/49€128k€144k▲
Amounts payable after more than one year17€627€23k▲
Financial debts170/4€627€23k▲
Amounts payable within one year42/48€127k€121k▼
Current portion of amounts payable after more than one year42€13k€4k▼
Trade debts44€24k€21k▼
Suppliers440/4€24k€21k▼
Advances received on contracts in progress46-€40
Taxes, remuneration and social security45€29k€32k▲
Taxes450/3€20k€27k▲
Remuneration and social security454/9€8k€5k▼
Other amounts payable47/48€61k€63k▲
Income statement
Code20232024
Remuneration, social security and pensions62€112k€123k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€3k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€99k€112k▲
Operating profit (loss)9901€-26k€-19k▲
Financial income75/76B€184€76▼
Recurring financial income75€184€76▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-29k€-24k▲
Income taxes67/77€740€663▼
Profit (loss) for the period9904€-30k€-25k▲
Profit (loss) for the period to be appropriated9905€-30k€-25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-111k€-136k▼
Profit (loss) brought forward from the previous period14P€-81k€-111k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Weakest financial yearnet €-51k ▼5520%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €944
Net result €944 after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
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
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, Brugge · 1 establishment unit since 2013
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.
Scheepsdalelaan 488000 BruggeGround area
229 m²
Building footprint
81 m²
Volume, LiDAR
300 m³
Parcel 31808K0735/00K003, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Café Du Gaz
since 20132.218.456.415
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0735/00K003 | Flanders | 229 m² | 1 · 80 m² | 10.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.218.456.415
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 9,264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-04-2013
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.