GaAs
ActiveGaAs has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €-25k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency69▼-18
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 2.62 in 2023; short-term debt: 51.7% and cash: 2.3% of total assets), but 55.6% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
44.4%
Return on assets
-23.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
42 d late
2022
33 d early
2021
78 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€47k▼ 34.5%
2023 · €71k
2021: €35k
2022: €36k
2023: €71k
2021 → 2024
Total assets
€105k▼ 9.2%
2023 · €115k
2021: €61k
2022: €78k
2023: €115k
2021 → 2024
Net result
€-25k
2023 · €35k
2021: €31k
2022: €1k
2023: €35k
2021 → 2024
Working capital
€33k▼ 43.7%
2023 · €59k
2021: €30k
2022: €36k
2023: €59k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€35k-€36k▲ 4.0%€71k▲ 96.0%€47k▼ 34.5%
Operating result€40k-€3k▼ 93.5%€46k▲ 1,666%€-24k
Net result€31k-€1k▼ 95.5%€35k▲ 2,384%€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €24k after €46k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €105k
Fixed assets
€17k▼ 13.6%
Current assets
€87k▼ 8.3%
Equity and liabilities €105k
Equity
€47k▼ 34.5%
Debt
€58k▲ 31.3%
The debt ratio rises from 38.4% to 55.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-19k▼
2023 · €49k
Cash flow
€-20k▼
2023 · €38k
Solvency
44.4%▼
2023 · 61.6%
Current ratio
1.61▼
2023 · 2.62
Quick ratio
1.61▼
2023 · 2.62
Debt / equity
1.25▲
2023 · 0.62
ROE
-52.7%▼
2023 · 49.0%
ROA
-23.4%▼
2023 · 30.2%
Interest coverage
-10.33▼
2023 · 25.91
Debt
€58k▲
2023 · €44k
Debt ≤ 1 year
€54k▲
2023 · €36k
Debt > 1 year
€4k▼
2023 · €8k
Income taxes
€0▼
2023 · €10k
Staff costs
€102k▲
2023 · €40k
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€115k€105k▼
Fixed assets21/28€20k€17k▼
Tangible fixed assets22/27€20k€17k▼
Land and buildings22-€2k
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€12k€9k▼
Current assets29/58€95k€87k▼
Amounts receivable after more than one year29€35k€50k▲
Other amounts receivable291€35k€50k▲
Amounts receivable within one year40/41€43k€33k▼
Trade receivables40€39k€26k▼
Other amounts receivable41€4k€7k▲
Cash at bank and in hand54/58€15k€2k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€115k€105k▼
Equity10/15€71k€47k▼
Contributions10/11€4k€4k=
Reserves13€68k€68k=
Distributable reserves133€68k€68k=
Profit (loss) carried forward14-€-25k
Amounts payable17/49€44k€58k▲
Amounts payable after more than one year17€8k€4k▼
Financial debts170/4€8k€4k▼
Amounts payable within one year42/48€36k€54k▲
Current portion of amounts payable after more than one year42€4k€4k▼
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€21k€40k▲
Taxes450/3€14k€18k▲
Remuneration and social security454/9€7k€22k▲
Other amounts payable47/48€5k-
Income statement
Code20232024
Remuneration, social security and pensions62€40k€102k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€586€352▼
Gross operating margin9900€90k€84k▼
Operating profit (loss)9901€46k€-24k▼
Financial income75/76B€638€953▲
Recurring financial income75€638€953▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€44k€-25k▼
Income taxes67/77€10k€0▼
Profit (loss) for the period9904€35k€-25k▼
Profit (loss) for the period to be appropriated9905€35k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-25k▼
Transfer to equity691/2€35k-
To other reserves6921€35k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
31-12
Financial
Weakest financial yearnet €-25k ▼170%
Net result drops to €-25k, the lowest in the series.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Highest result since 2021net €35k ▲2384%
Operating result €46k, net result €35k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
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, Ninove · 1 establishment unit since 2020
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.
Poeldeniersweg 249400 NinoveGround area
4,255 m²
Building footprint
241 m²
Volume, LiDAR
892 m³
Parcel 41048A0400/00A006, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GaAs
since 20202.308.243.276
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41048A0400/00A006 | Flanders | 4,255 m² | 1 · 241 m² | 5.3 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.
Similar companies · same sector, comparable size
TAOBE
BE 0675.689.231
Houffalize · Eq €47k
FLOWZ-IT
BE 0673.568.889
Lasne · Eq €47k
MoonWise
BE 0773.716.936
Lede · Eq €47k
ASCENTIS CONSULTING
BE 0830.868.049
Braine-le-Comte · Eq €47k
ISATICS
BE 0798.384.828
Eghezée · Eq €47k
Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 37,747 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
70200Business and other management consultancy
70220Business consulting
41001General construction of residential buildings
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.