GABBA DEVELOPMENT
ActiveSummary
The computed 12-month bankruptcy probability of GABBA DEVELOPMENT is 7.3% (elevated). For GABBA DEVELOPMENT, at least two annual filings are missing. The 2022 annual accounts show negative equity (-€79,489) and a net result of -€57,109. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 322 sector peers (NACE 11, financial year 2022). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 14-09-2017 Normal situation
- Activity
- Manufacture of beverages NACE 11030and 2 others
- Establishment units
- 2.269.966.680 1170 Watermaal-Bosvoorde, since 15-10-2017
- 2.306.835.390 1640 Sint-Genesius-Rode, since 01-09-2020
- Financial year end
- 31 March
- Peppol
- Reachable since 04-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.3%
2022 figures too old to score
Annual accounts to 31-03-2022
- Gross margin
- -€43,145
- ▼ 111%
- Loss
- €57,109
- ▲ 46.3%
- Equity
- -€79,489
- ▼ 255%
- Total assets
- €17,813
- ▼ 25.2%
- Staff
- ≈ 0.2 FTE
- estimated
- Negative equity on 31-03-2022
- 2023 accounts not filed, 1099 days past the deadline
Turnover not published (micro format)
Signalsraises riskFigures for financial year 2022 (filed on 12-01-2023)3 financial years not filed after the legal deadline; last filed accounts filed 66 days late; 2 of the last 3 accounts lateLoss of €57,109, the second in a row (financial year 2022)Two or more financial years not filed2022 accounts filed 66 days latelowers riskSector: Manufacture of beverages (NACE 11)Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Weak
Solvency
0=
equity -446.2% of total assets
Liquidity
33+9
short-term debt 546.2% · cash 26.2%
Profitability
0=
return on assets -320.6%
Bankruptcy probability within 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 7.8%
01-2025: 7.8%● unchanged vs 12-2024
02-2025: 8.3%▲ +0.5 percentage points vs 01-2025highest value
03-2025: 8.3%● unchanged vs 02-2025highest value
04-2025: 8.3%● unchanged vs 03-2025highest value
05-2025: 8.3%● unchanged vs 04-2025highest value
06-2025: 8.3%● unchanged vs 05-2025highest value
07-2025: 8.3%● unchanged vs 06-2025highest value
08-2025: 8.3%● unchanged vs 07-2025highest value
09-2025: 8.3%● unchanged vs 08-2025
10-2025: 8.3%● unchanged vs 09-2025
11-2025: 7.6%▼ -0.7 percentage points vs 10-2025
12-2025: 7.6%● unchanged vs 11-2025
01-2026: 7.6%● unchanged vs 12-2025
02-2026: 7.5%▼ -0.1 percentage points vs 01-2026
03-2026: 7.5%● unchanged vs 02-2026
04-2026: 7.5%● unchanged vs 03-2026
05-2026: 7.3%▼ -0.2 percentage points vs 04-2026lowest value
06-2026: 7.3%● unchanged vs 05-2026lowest value
07-2026: 7.3%● unchanged vs 06-2026lowest value
08-2026: 7.3%● unchanged vs 07-2026lowest value
09-2026: 7.3%● unchanged vs 08-2026lowest value
10-2026: 7.3%● unchanged vs 09-2026lowest value
11-2026: 7.3%● unchanged vs 10-2026lowest value
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-03-2023 year end31-10-2023 deadline03-11-2026 today
raises risk · 2022 accounts filed 66 days late
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 05-01-2023, 66 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2026
not filed
2025
not filed
2024
not filed
2023
not filed
2022
66 days late
2021
431 days late
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 176 days after the deadline. In the sector (NACE 11), the median for financial year 2024 was 2 days before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GABBA DEVELOPMENT: manufacture of beverages (NACE 11030). They are comparable in size and age: total assets between €23,600 and €159,000, founded between 2007 and 2024.
| Company | Total assets | Gross margin |
|---|---|---|
| GABBA DEVELOPMENT Watermaal-Bosvoorde | €17,813 | -€43,145 |
| IMDENHOF Meise | €38,232 | €4,981 |
| Cuvées de la Virée srl Bertrix | €26,029 | -€2,700 |
| Most Leuven | €23,628 | €8,698 |
| TRADITIONS WALLONIE Momignies | €120,624 | - |
| Pellicle Zedelgem | €159,002 | €57,203 |
Key facts about GABBA DEVELOPMENT
- What is the company number of GABBA DEVELOPMENT?
- The company number of GABBA DEVELOPMENT is 0681.385.111. The VAT number is the same number with BE in front: BE 0681.385.111.
- Where is GABBA DEVELOPMENT based?
- The registered office is at Vinkstraat 16, 1170 Watermaal-Bosvoorde.Company details
- What does GABBA DEVELOPMENT do?
- According to the KBO register, the main activity is manufacture of beverages (NACE 11030).
- What is the legal form of GABBA DEVELOPMENT?
- The legal form of GABBA DEVELOPMENT is Private limited company (pre-2019) (BVBA).
- When was GABBA DEVELOPMENT founded?
- GABBA DEVELOPMENT was founded on 14-09-2017.
- Is GABBA DEVELOPMENT still active?
- Yes, GABBA DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of GABBA DEVELOPMENT?
- The annual accounts for financial year 2022 state no turnover. The micro format does not require it.Financials
- Is GABBA DEVELOPMENT profitable?
- In financial year 2022, GABBA DEVELOPMENT made a loss of €57,109.
- Where can I find the annual accounts of GABBA DEVELOPMENT?
- GABBA DEVELOPMENT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2022.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.