G.A.B.
ActiveG.A.B. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €919k and a net result of €117k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 1294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-13
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 8.12 against 6.29 in 2024), and 8.3% 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○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
91.7%
Return on assets
11.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
29 d late
2023
34 d early
2022
31 d late
2021
4 d late
2020
30 d late
2019
56 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, micro schema
Equity
€919k▲ 14.5%
2024 · €803k
2018: €309k
2019: €398k
2020: €498k
2021: €544k
2022: €555k
2023: €679k
2024: €803k
2018 → 2025
Total assets
€1.00M▲ 9.1%
2024 · €919k
2018: €651k
2019: €727k
2020: €800k
2021: €775k
2022: €748k
2023: €831k
2024: €919k
2018 → 2025
Net result
€117k▼ 6.0%
2024 · €124k
2018: €58k
2019: €89k
2020: €100k
2021: €45k
2022: €12k
2023: €123k
2024: €124k
2018 → 2025
Working capital
€583k▲ 9.9%
2024 · €530k
2018: €164k
2019: €185k
2020: €269k
2021: €294k
2022: €292k
2023: €402k
2024: €530k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€544k-€555k▲ 2.2%€679k▲ 22.2%€803k▲ 18.3%€919k▲ 14.5%
Operating result€61k-€18k▼ 71.2%€159k▲ 799%€191k▲ 20.1%€171k▼ 10.3%
Net result€45k-€12k▼ 74.0%€123k▲ 950%€124k▲ 0.8%€117k▼ 6.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.00M
Fixed assets
€339k▲ 17.3%
Current assets
€664k▲ 5.4%
Equity and liabilities €1.00M
Equity
€919k▲ 14.5%
Debt
€84k▼ 27.8%
The debt ratio falls from 12.6% to 8.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€221k▼
2024 · €253k
Cash flow
€167k▼
2024 · €186k
Solvency
91.7%▲
2024 · 87.4%
Current ratio
8.12▲
2024 · 6.29
Quick ratio
6.26▲
2024 · 4.57
Debt / equity
0.09▼
2024 · 0.14
ROE
12.7%▼
2024 · 15.5%
ROA
11.7%▼
2024 · 13.5%
Interest coverage
125.50▲
2024 · 80.33
Debt
€84k▼
2024 · €116k
Debt ≤ 1 year
€82k▼
2024 · €100k
Income taxes
€55k▼
2024 · €66k
Staff costs
€73k▲
2024 · €69k
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€919k€1.00M▲
Fixed assets21/28€289k€339k▲
Tangible fixed assets22/27€289k€338k▲
Land and buildings22€163k€156k▼
Plant, machinery and equipment23€113k€88k▼
Furniture and vehicles24€13k€94k▲
Financial fixed assets28€295€295=
Current assets29/58€630k€664k▲
Stocks and contracts in progress3€172k€152k▼
Stocks30/36€162k€152k▼
Contracts in progress37€10k-
Amounts receivable within one year40/41€123k€92k▼
Trade receivables40€123k€92k▼
Cash at bank and in hand54/58€334k€418k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€919k€1.00M▲
Equity10/15€803k€919k▲
Contributions10/11€6k€6k=
Reserves13€797k€913k▲
Distributable reserves133€797k€913k▲
Amounts payable17/49€116k€84k▼
Amounts payable after more than one year17€16k-
Financial debts170/4€16k-
Amounts payable within one year42/48€100k€82k▼
Current portion of amounts payable after more than one year42€28k€16k▼
Trade debts44€23k€8k▼
Suppliers440/4€23k€8k▼
Taxes, remuneration and social security45€49k€58k▲
Taxes450/3€42k€52k▲
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€243€327▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€69k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€50k▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€329k€301k▼
Operating profit (loss)9901€191k€171k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€191k€172k▼
Income taxes67/77€66k€55k▼
Profit (loss) for the period9904€124k€117k▼
Profit (loss) for the period to be appropriated9905€124k€117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€124k€117k▼
Transfer to equity691/2€124k€116k▼
To other reserves6921€124k€116k▼
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
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
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €124k ▲0.8%
Operating result €191k, net result €124k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €12k ▼74%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
31-12
Financial
Equity above €500kEq €544k ▲9.1%
4 profitable years in a row build equity to €544k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
07-07
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
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, Balen · 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.
Nijverheidsstraat 22490 BalenGround area
3,112 m²
Building footprint
1,213 m²
Parcel 13003E0567/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Nijverheidsstraat 2, 2490 Balen
since 20032.123.559.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003E0567/00K000 | Flanders | 3,112 m² | 1 · 1,213 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.
Similar companies · same sector, comparable size
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BE 0403.458.632
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SILOBOUW DECOCK P.
BE 0431.985.738
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MUNCK SERVICES BELGIUM
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EURO - REGISTER
BE 0452.580.521
Oupeye · Eq €945k
Of 268 companies in sector 28220 we hold annual accounts for 231. 182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-2002
Fiscal year end31-12
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
33110Repair and maintenance of fabricated metal products
34201
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 24 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.