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GABSTA

Active
Private limited companyfounded 2024active for 2 yearsTurfstraat 115, 3600 Genk, BelgiumKBO/BCE: BE 1015.481.914

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of GABSTA is 1.7% (moderate). The 2025 annual accounts show equity of €82,496 and a net result of -€7,504. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (76 days) Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00558837.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
15-10-2026
Format
micro format
Reference
2026-00558837
Turnover
≈ €63,000
Estimated: probably between €29,000 and €150,000
Total assets
€262,548
Net result
-€7,504
Working capital
-€8,828

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €259,271
Fixed assets €257,794
Current assets €1,476
Equity and liabilities €262,548
Equity €82,496
Debt €180,052
Debt finances 68.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€7,180
Cash flow
€155
Current ratio
0.14
Debt to equity
2.18
ROE
-9.1%
ROA
-2.9%
Interest coverage
1.02
Debt ≤ 1 year
€10,305
Debt > 1 year
€169,747

Peer companies

Historical observation

Of the 2,145 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.7% 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 1.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,145 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
Filed annual accounts As filed with the NBB · 2025 · 29 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 15-10-2026.

Balance sheet Code2025
Assets
Total assets20/58€262,548
Formation expenses20€3,277
Fixed assets21/28€257,794
Tangible fixed assets22/27€257,794
Land and buildings22€257,794
Current assets29/58€1,476
Cash at bank and in hand54/58€1,162
Deferred charges and accrued income490/1€315
Equity and liabilities
Total equity and liabilities10/49€262,548
Equity10/15€82,496
Contributions10/11€90,000
Profit (loss) carried forward14-€7,504
Amounts payable17/49€180,052
Amounts payable after more than one year17€169,747
Financial debts170/4€169,747
Amounts payable within one year42/48€10,305
Current portion of amounts payable after more than one year42€10,293
Trade debts44€12
Suppliers440/4€12
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,659
Other operating charges640/8€1,051
Gross operating margin9900€8,231
Operating profit (loss)9901-€479
Financial charges65/66B€7,025
Recurring financial charges65€7,025
Profit (loss) for the period before taxes9903-€7,504
Profit (loss) for the period9904-€7,504
Profit (loss) for the period to be appropriated9905-€7,504
Appropriation of the result
Profit (loss) to be appropriated9906-€7,504

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,659
Other operating charges640/8€1,051
Gross operating margin9900€8,231
Operating profit (loss)9901-€479
Financial charges65/66B€7,025
Recurring financial charges65€7,025
Profit (loss) for the period before taxes9903-€7,504
Profit (loss) for the period9904-€7,504
Profit (loss) for the period to be appropriated9905-€7,504
Line2025
Assets
Total assets20/58€262,548
Formation expenses20€3,277
Fixed assets21/28€257,794
Tangible fixed assets22/27€257,794
Land and buildings22€257,794
Current assets29/58€1,476
Cash at bank and in hand54/58€1,162
Deferred charges and accrued income490/1€315
Equity and liabilities
Total equity and liabilities10/49€262,548
Equity10/15€82,496
Contributions10/11€90,000
Profit (loss) carried forward14-€7,504
Amounts payable17/49€180,052
Amounts payable after more than one year17€169,747
Financial debts170/4€169,747
Amounts payable within one year42/48€10,305
Current portion of amounts payable after more than one year42€10,293
Trade debts44€12
Suppliers440/4€12
Line2025
Profit (loss) for the period9904-€7,504
+ Depreciation and write-downs630€7,659
Operating cash flow (approximation)€155

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 15-10-2026 2026-00558837 NBB

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.