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G.S.B.

Active
Public limited companyfounded 199333 yrs activeSchuttersvest 61, 2800 Mechelen, BelgiumKBO/BCE: BE 0450.765.433
Summary

G.S.B. has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321,774 and a net result of €2,805. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 459 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Guest rooms (bed and breakfast)
NACE 55204
1 site
Size
€670,057total assets 2025
Staff
0.2 FTE
Equity
€321,774
Profit
€2,805
Net result -99%: other schema
Financial health
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Accounts on time0 of 7 deeds read
Why 84- 1 change of registered office in 24 months- Liquidity: current ratio 1.73, cash €9,247, halved+ Size: 0.2 FTE, total assets €670,057+ Founded in 1993Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 60% of its sector peers (NACE 55, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 73+6
equity 48.0% of total assets
Liquidity 52-6
short-term debt 7.0% · cash 1.4%
Profitability 69-31
return on assets 0.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,490 companies)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● 0.0% vs 11-2024 01-2025: 1.2%▼ -1.2% vs 12-2024 02-2025: 1.2%▲ +1.2% vs 01-2025 03-2025: 1.2%● 0.0% vs 02-2025 04-2025: 1.2%▲ +5.5% vs 03-2025 05-2025: 1.5%▲ +22.3% vs 04-2025 06-2025: 1.5%▼ -3.7% vs 05-2025 07-2025: 1.7%▲ +14.0% vs 06-2025highest value 08-2025: 0.3%▼ -84.8% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.2%▼ -3.5% vs 11-2025lowest value 01-2026: 0.2%● 0.0% vs 12-2025lowest value 02-2026: 0.2%● 0.0% vs 01-2026lowest value 03-2026: 1.5%▲ +506% vs 02-2026 04-2026: 1.6%▲ +4.6% vs 03-2026 05-2026: 1.6%▲ +3.3% vs 04-2026 06-2026: 0.3%▼ -78.7% vs 05-2026 07-2026: 0.4%▲ +12.2% vs 06-2026 08-2026: 0.5%▲ +21.6% vs 07-2026 09-2026: 0.4%▼ -7.3% vs 08-2026 10-2026: 0.4%● 0.0% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 1.73, cash €9,247, halved raises the probability
  • Size: 0.2 FTE, total assets €670,057 lowers the probability for this profile
  • Founded in 1993 lowers the probability for this profile
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.26 in 2024; short-term debt: 7% and cash: 1.4% of total assets), but 52% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 55, micro). Better than this share of them on solvency 70%, liquidity 62%, profitability 57%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 1.73, cash €9,247, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 0.2 FTE, total assets €670,057
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1993
In the bankruptcy model this factor lowers the probability for this profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
17 d early
2023
33 d early
2022
24 d early
2021
26 d late
2020
8 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2018net €434,446 ▲441%

Key points

  • Caution: Result fell in 2025different schema filed ▼ 99.4% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Active since 1993founded 02-09-1993 33 years View

By topic

Financials

Fiscal year
2025
Total assets
€670,057
Profit
€2,805
Solvency
48.0%
Total assets▼ 10.9%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-07-2026Annual accounts filed
  2. 14-07-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Guest rooms (bed and breakfast)NACE 55204
Founded
02-09-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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