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GABEL

Active
Private limited companyfounded 20179 years activeVeldstraat 1, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0672.605.918
Summary

GABEL has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.5m and a net result of €2.0m. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 52% of 2,033 sector peers (NACE 01, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Growing of vegetables, melons, roots and tubers
NACE 01130
#9 company by total assets in Ingelmunster1 site
Size
€19.6mtotal assets 2025
Staff
37 FTE
Equity
€8.5m
Profit
€2.0m
Financial health
87 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Accounts on time0 of 3 deeds read
Why 87- Liquidity: current ratio 1.53, cash €200,405, halved+ Sector Crop and animal production, hunting and related service activities (NACE 01)+ Profit of €2.0m (FY 2025)+ Figures for FY 2025 (filed 31-01-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 01, small)
Financial strength · tick = 2024
Strong
Solvency 68+5
equity 43.1% of total assets
Liquidity 46-3
short-term debt 17.8% · cash 1.0%
Profitability 82-2
return on assets 10.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (896 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points 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%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.2%▲ +0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit up to €700,000 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.5 in 2024; short-term debt: 17.8% and cash: 1% of total assets), but 56.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, small): better than 54% on solvency, 44% on liquidity, 80% on profitability and 32% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

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

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.53, cash €200,405, halved
NBB · annual accounts
lowers risk · Sector Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Profit of €2.0m (FY 2025)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 31-01-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
on the day
2024
4 days late
2023
15 days late
2022
1 day early
2021
1 day late
2020
1 day late
2019
44 days early
← 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 3 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 1 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Among the best 5% on net resultsector median €51,912 · 2,033 companies €2.0m View
  • Positive: Result rose in 2025from €1.4m to €2.0m ▲ 48.3% View
  • Positive: 5 profitable years in a rowprofit 2025: €2.0m 5 years View
  • Known shareholdersaccounts at 30-06-2024 100% View

By topic

Financials

Fiscal year
2025
Total assets
€19.6m
Profit
€2.0m
Solvency
43.1%
Turnover▼ 15.1%
Net result
20232024
Go to Financials

Timeline

Events
13
Since
2019
Next accounts
by 31-01-2027
  1. 30-01-2023Annual accounts filed
  2. 30-06-2022Equity above €5m
  3. 01-02-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Founded
10-03-2017
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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