GABLO
ActiveSummary
GABLO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,609 and a net result of €4,680. Equity remains stable across the filed fiscal years (±1.4% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▲+20
Solvency53▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.47 in 2024; short-term debt: 14.2% and cash: 1.1% of total assets), and 71.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.4%
Return on assets
2.2%
Age of the figures
9 mo
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
25 d early
2023
17 d early
2022
8 d early
2021
2 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€59,609▲ 8.5%
2024 · €54,929
Total assets
€209,674▼ 16.4%
2024 · €250,817
Net result
€4,680
2024 · -€5,071
Working capital
-€27,453▼ 0.9%
2024 · -€27,198
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€42,004€69,122€34,215▼ 50.5%€1,483▼ 95.7%€10,830▲ 630%
Net result-€49,549▼ 1,996%€50,707€18,481▼ 63.6%-€5,071€4,680
Equity€56,479▼ 46.7%€107,186▲ 89.8%€109,037▲ 1.7%€54,929▼ 49.6%€59,609▲ 8.5%
Total assets€627,514▼ 2.7%€607,132▼ 3.2%€526,791▼ 13.2%€250,817▼ 52.4%€209,674▼ 16.4%
Debt€571,035▲ 6.0%€499,946▼ 12.4%€417,754▼ 16.4%€195,888▼ 53.1%€150,065▼ 23.4%
Working capital€17,106▼ 78.4%€57,756▲ 238%€46,638▼ 19.3%-€27,198-€27,453▼ 0.9%
Staff (FTE)3.4▲ 3.0%3▼ 11.8%2.9▼ 3.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 630% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209,674
Fixed assets
€207,299 ▼ 8.5%
Current assets
€2,376 ▼ 90.2%
Equity and liabilities €209,674
Equity
€59,609 ▲ 8.5%
Debt
€150,065 ▼ 23.4%
Debt's share of the balance-sheet total falls from 78.1% to 71.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,123▲
2024 · €20,667
Cash flow
€23,973▲
2024 · €14,113
Current ratio
0.08▼
2024 · 0.47
Debt to equity
2.52▼
2024 · 3.57
ROE
7.9%▲
2024 · -9.2%
ROA
2.2%▲
2024 · -2.0%
Interest coverage
4.90▲
2024 · 3.14
Debt ≤ 1 year
€29,829▼
2024 · €51,422
Debt > 1 year
€120,236▼
2024 · €144,465
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,980 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,980 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €248,845 | €194,427 | €207,971 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,577 | €30,980 | €30,259 | €19,184 | €19,293 | ▲ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3,709 | €444 | €3,710 | - | - | - |
| Other operating charges640/8 | €2,456 | €7,373 | €2,522 | €1,698 | €1,432 | ▼ 15.7% |
| Gross operating margin9900 | €238,583 | €302,345 | €278,677 | €22,365 | €31,555 | ▲ 41.1% |
| Operating profit (loss)9901 | -€42,004 | €69,122 | €34,215 | €1,483 | €10,830 | ▲ 630% |
| Financial income75/76B | €1,671 | €16 | €854 | €55 | €0 | ▼ 99.9% |
| Recurring financial income75 | €1,671 | €16 | €854 | €55 | €0 | ▼ 99.9% |
| Financial charges65/66B | €8,877 | €8,543 | €6,019 | €6,592 | €6,150 | ▼ 6.7% |
| Recurring financial charges65 | €8,877 | €8,543 | €6,019 | €6,592 | €6,150 | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | -€49,211 | €60,595 | €29,050 | -€5,054 | €4,680 | ▲ 193% |
| Income taxes67/77 | €338 | €9,888 | €10,569 | €16 | - | - |
| Profit (loss) for the period9904 | -€49,549 | €50,707 | €18,481 | -€5,071 | €4,680 | ▲ 192% |
| Profit (loss) for the period to be appropriated9905 | -€49,549 | €50,707 | €18,481 | -€5,071 | €4,680 | ▲ 192% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €627,514 | €607,132 | €526,791 | €250,817 | €209,674 | ▼ 16.4% |
| Fixed assets21/28 | €316,924 | €285,944 | €264,398 | €226,592 | €207,299 | ▼ 8.5% |
| Intangible fixed assets21 | €5,382 | €5,382 | €12,022 | - | - | - |
| Tangible fixed assets22/27 | €311,542 | €280,562 | €252,376 | €226,592 | €207,299 | ▼ 8.5% |
| Land and buildings22 | €269,567 | €252,477 | €235,387 | €218,297 | €201,207 | ▼ 7.8% |
| Plant, machinery and equipment23 | €15,801 | €12,087 | €8,373 | €8,294 | €6,091 | ▼ 26.6% |
| Furniture and vehicles24 | €26,173 | €15,997 | €8,616 | - | - | - |
| Current assets29/58 | €310,590 | €321,188 | €262,393 | €24,225 | €2,376 | ▼ 90.2% |
| Amounts receivable within one year40/41 | €238,196 | €263,738 | €207,834 | €24,031 | - | - |
| Trade receivables40 | €238,196 | €262,354 | €207,834 | - | - | - |
| Other amounts receivable41 | - | €1,384 | - | €24,031 | - | - |
| Cash at bank and in hand54/58 | €52,798 | €41,129 | €29,477 | €194 | €2,309 | ▲ 1,092% |
| Deferred charges and accrued income490/1 | €19,595 | €16,321 | €25,081 | - | €66 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €627,514 | €607,132 | €526,791 | €250,817 | €209,674 | ▼ 16.4% |
| Equity10/15 | €56,479 | €107,186 | €109,037 | €54,929 | €59,609 | ▲ 8.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €60,000 | €60,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | - | - | - |
| Issued capital100 | €62,000 | €62,000 | €62,000 | - | - | - |
| Reserves13 | €40,348 | €45,186 | €47,037 | - | - | - |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | - | - | - |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | - | - | - |
| Tax-exempt reserves132 | €1,613 | €1,613 | €1,613 | - | - | - |
| Distributable reserves133 | €32,535 | €37,373 | €39,224 | - | - | - |
| Profit (loss) carried forward14 | -€45,869 | - | - | -€5,071 | -€391 | ▲ 92.3% |
| Amounts payable17/49 | €571,035 | €499,946 | €417,754 | €195,888 | €150,065 | ▼ 23.4% |
| Amounts payable after more than one year17 | €275,245 | €230,495 | €200,216 | €144,465 | €120,236 | ▼ 16.8% |
| Financial debts170/4 | €275,245 | €230,495 | €200,216 | €144,465 | €120,236 | ▼ 16.8% |
| Amounts payable within one year42/48 | €293,483 | €263,432 | €215,755 | €51,422 | €29,829 | ▼ 42.0% |
| Current portion of amounts payable after more than one year42 | €43,968 | €44,741 | €30,279 | €23,336 | €24,229 | ▲ 3.8% |
| Trade debts44 | €127,121 | €101,803 | €107,229 | €4,810 | €24 | ▼ 99.5% |
| Suppliers440/4 | €127,121 | €101,803 | €107,229 | €4,810 | €24 | ▼ 99.5% |
| Advances received on contracts in progress46 | €72,549 | €73,694 | - | - | - | - |
| Taxes, remuneration and social security45 | €49,845 | €43,194 | €62,448 | €22,477 | - | - |
| Taxes450/3 | €20,949 | €20,858 | €38,385 | €22,477 | - | - |
| Remuneration and social security454/9 | €28,896 | €22,336 | €24,064 | - | - | - |
| Other amounts payable47/48 | - | - | €15,798 | €800 | €5,576 | ▲ 597% |
| Accrued charges and deferred income492/3 | €2,306 | €6,019 | €1,782 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€49,549 | €50,707 | €18,481 | -€5,071 | €4,680 | ▲ 192% |
| + Depreciation and write-downs630 | €25,577 | €30,980 | €30,259 | €19,184 | €19,293 | ▲ 0.6% |
| Operating cash flow (approximation) | -€23,971 | €81,687 | €48,739 | €14,113 | €23,973 | ▲ 69.9% |
| Investment in fixed assets (approximation) | - | €0 | -€8,713 | €18,622 | €0 | ▼ 100% |
| Change in cash | - | -€11,670 | -€11,651 | -€29,284 | €2,116 | ▲ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €4,680
Net result €4,680 after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €50,707
Net result €50,707 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €107,186 ▲89.8%
Equity rises from €56,479 to €107,186.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€49,549
Net result drops to -€49,549, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2005
Ground area
601 m²
Building footprint
131 m²
Volume, LiDAR
622 m³
Parcel 11056A0304/00Z000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
@TheOffice
since 20052.146.413.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056A0304/00Z000 | Flanders | 601 m² | 1 · 131 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 797 EUR awarded · 797 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 63 EUR | 213 EUR |
| 2023 | 1 | 453 EUR | 303 EUR |
| 2022 | 1 | 281 EUR | 281 EUR |
Identification & contact
Identification
Legal formPrivate limited company
Founded25-03-2005
Fiscal year end31-12
Contact
Website
atheoffice.be
Phone
03/844.36.80
E-invoicing
Reachable via Peppol
Peppol ID
0208:0872774326
Also
9925:BE0872774326
Registered
02-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.