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G.A.P.

Active Private limited companyfounded 2015active for 11 yearsRostynedreef 42, 9880 AalterKBO/BCE: BE 0598.872.753

Lifetime

4 annual accounts with figures on one time axis
peak €318,787 (2025)
€318,787▲ 36.3%
peak €244,499 (2025)
€244,499▲ 36.3%
peak €215,855 (2023)
€185,199▼ 0.9%
€140,216▼ 57.7%
Board2 names since 2022
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Gross margin from €233,865 to €318,787Result from €179,371 to €244,499Dividend €246,200Debts from €331,235 to €140,216Cash from €61,105 to €26,207

Key points

from the 2025 annual accounts

Equity

€185,199 ▼ 0.9%
186,9002024+244,499Profit-246,200Dividend185,1992025

G.A.P. paid out €246,200 in dividends. That is 101% of the 2025 profit.

Result

€244,499 ▲ 36.3%
€179,0002024€244,0002025

The result rose in 2025 from €179,371 to €244,499.

Turnover

≈ €460,000 estimated

The micro format states no turnover.

Liquidity

7.20 was 1.66 in 2024

Short-term debts fell from €195,416 to €19,270.

Filings

4 annual accounts 1 late
AprilJune31 JulyOctober2022202320242025

The 2025 accounts came 7 days late. The other three were filed on time.

Position in the sector

€244,499

Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.

Checked score

87
Excellent
Financially stronger than 56% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value

Financial strength
Strong

82+21equity 56.9% of total assets
60+13short-term debt 5.9% · cash 8.1%
100=return on assets 75.1%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 10-08-2026)
Founded in 2015
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 52% of them on solvency, 52% on liquidity, 84% on profitability and 37% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as G.A.P. has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of G.A.P. itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for G.A.P.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €16,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.2 (1.66 in 2024), above the usual 1.5. Short-term debt is 5.9% and cash 8.1% of total assets. 43.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Figures for financial year 2025 (filed on 10-08-2026)
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
7 days late
2024
on the day
2023
on the day
2022
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 6 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PL
Peter Leyns
Auditor
  • VAN OOTEGHEM Glenn Frederik Oswald 9 sharesdeed of 07-07-2022
  • VAN OOTEGHEM Sven Herman Albert 1 sharedeed of 07-07-2022
Board & ownership

Recent changes

Registered office moved from Deinze to Aalter New registered office: Rostynedreef 42, 9880 Aalter · Previous registered office: Grote Merestraat 12 bus b, 9850 Deinze · Permanent representative: Lien RASSCHAERT · Board meeting of 23-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0598872753
Registered office moved from Ghent to Hansbeke New registered office: Grote Merestraat 12 b, 9850 Hansbeke · Previous registered office: Raf Verhaeststraat 49, 9050 Gent · Board meeting of 28-11-2022 · Gazette deed
Legal-form change · Resignations & appointments Resignation: VAN OOTEGHEM Glenn Frederik Oswald (director) · Reappointment: VAN OOTEGHEM Glenn Frederik Oswald (director) · Appointment: Peter Leyns (company auditor) · General meeting of 29-06-2022 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
G.A.P. Aalter €325,415 €318,787 56.9% -
Julien en Jacqueline Oosterzele €287,527 €324,029 17.1% -
MASH Ghent €331,502 €264,572 6.5% -
SOLID + Stekene €276,646 €315,307 9.2% -
Few Software Ghent €265,203 €307,293 54.8% -
SASCO Consulting Forest €301,176 €307,778 6.8% -
IRIDI Tervuren €340,415 €314,250 6.0% -

These companies have the same main activity as G.A.P.: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €265,000 and €340,000, founded between 2013 and 2016.

Official details

Source: KBO
Status
Active since 23-02-2015Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.242.495.2909880 Aalter, since 23-02-2015
Financial year end
31 December
Peppol
Reachable since 04-04-2024
Company details

Annual accounts 2025

€325,415▼ 37.2%
Filing
Filed on 07-08-2026
Financials

Insights on G.A.P.

G.A.P. files the micro format. That format states no turnover. The gross margin rose from €75,392 in 2022 to €318,787 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about G.A.P.

What is the company number of G.A.P.?
The company number of G.A.P. is 0598.872.753. The VAT number is the same number with BE in front: BE 0598.872.753.
Where is G.A.P. based?
The registered office is at Rostynedreef 42, 9880 Aalter.Company details
What does G.A.P. do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of G.A.P.?
G.A.P. is a private limited company (BV).
When was G.A.P. founded?
G.A.P. was founded on 23-02-2015.
Is G.A.P. still active?
Yes, G.A.P. is an active enterprise in the KBO register.
What is the turnover of G.A.P.?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €318,787 and 95 comparable companies (NACE 70200). It probably lies between €380,000 and €800,000.Financials
Is G.A.P. profitable?
In financial year 2025, G.A.P. made a profit of €244,499.
Where can I find the annual accounts of G.A.P.?
G.A.P. filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of G.A.P. due?
G.A.P. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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