GABSCOM
Bankruptcy closedGABSCOM was declared bankrupt on 09-10-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 30-06-2026, published in the Belgian State Gazette on 22-07-2026.
No longer registered with the KBO since 16-07-2026; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 d late
2021
31 d late
2020
108 d late
2019
270 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€65k
2021 · €-21k
2018: €29k
2019: €25k
2020: €-7k
2021: €-21k
2018 → 2022
Working capital
€74k▲ 525%
2021 · €12k
2018: €103k
2019: €159k
2020: €172k
2021: €12k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€77k-€114k▲ 48.2%€106k▼ 6.3%€76k▼ 28.4%€141k▲ 85.7%
Operating result€30k-€26k▼ 14.1%€-18k€5k€66k▲ 1,239%
Net result€29k-€25k▼ 15.6%€-7k€-21k▼ 190%€65k
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 1,239% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €424k
Fixed assets
€73k▼ 8.9%
Current assets
€351k▲ 63.0%
Equity and liabilities €424k
Equity
€141k▲ 85.7%
Debt
€283k▲ 28.8%
The debt ratio falls from 74.2% to 66.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▲
2021 · €10k
Cash flow
€74k▲
2021 · €-16k
Solvency
33.3%▲
2021 · 25.8%
Current ratio
1.27▲
2021 · 1.06
Quick ratio
1.24▲
2021 · 1.02
Debt / equity
2.00▼
2021 · 2.88
ROE
46.1%▲
2021 · -27.1%
ROA
15.4%▲
2021 · -7.0%
Interest coverage
61.75▲
2021 · 13.91
Debt
€283k▲
2021 · €219k
Debt ≤ 1 year
€276k▲
2021 · €203k
Staff costs
€52k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€296k€424k▲
Fixed assets21/28€80k€73k▼
Tangible fixed assets22/27€80k€73k▼
Land and buildings22€15k€13k▼
Furniture and vehicles24€712€2k▲
Other tangible fixed assets26€65k€58k▼
Current assets29/58€215k€351k▲
Amounts receivable after more than one year29€88k€95k▲
Other amounts receivable291€88k€95k▲
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€10€29k▲
Trade receivables40€10€29k▲
Cash at bank and in hand54/58€109k€129k▲
Deferred charges and accrued income490/1€10k€90k▲
Equity and liabilities
Total equity and liabilities10/49€296k€424k▲
Equity10/15€76k€141k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€61k€61k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-3k€62k▲
Amounts payable17/49€219k€283k▲
Amounts payable within one year42/48€203k€276k▲
Trade debts44€134k€170k▲
Suppliers440/4€134k€170k▲
Advances received on contracts in progress46-€15k
Taxes, remuneration and social security45€69k€91k▲
Taxes450/3€69k€91k▲
Accrued charges and deferred income492/3€16k€6k▼
Income statement
Code20212022
Remuneration, social security and pensions62-€52k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€7k€3k▼
Gross operating margin9900€17k€131k▲
Operating profit (loss)9901€5k€66k▲
Financial income75/76B€21k-
Recurring financial income75€21k-
Non-recurring financial income76B€21k-
Financial charges65/66B€717€1k▲
Recurring financial charges65€717€1k▲
Profit (loss) for the period before taxes9903€25k€65k▲
Income taxes67/77€46k-
Profit (loss) for the period9904€-21k€65k▲
Profit (loss) for the period to be appropriated9905€-21k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€62k▲
Profit (loss) brought forward from the previous period14P€18k€-3k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-07
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · GABSCOM SRL AVENUE DES SAISONS 100-, 1050 IXELLES. déclarée le 9 octobre 2023 · event 30-06-2026
2023
15-12
KBO administration
Address struck
13-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · GABSCOM SRL AVENUE DES SAISONS 100-, 1050 IXELLES · event 09-10-2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €65k
Net result €65k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €141k ▲85.7%
Equity rises from €76k to €141k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 108 days late
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 270 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 468 days late
2019
31-12
Financial
Equity above €100kEq €114k ▲48.2%
2 profitable years in a row build equity to €114k.
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Ground area
1,289 m²
Building footprint
1,331 m²
Volume, LiDAR
12,612 m³
Parcel 21445C0272/00M005, Brussels · tallest building 21.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0272/00M005 | Brussels | 1,289 m² | 1 · 1,331 m² | 21.4 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18, 1180 UCCLE- |
09-10-2023 → present |
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,409 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-11-2016
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
90311Arts creation and performing arts activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ben.brasseur@hotmail.be