GAELE XL
The computed 12-month bankruptcy probability of GAELE XL is 1.1% (low). The 2024 annual accounts show equity of €832 and a net result of €-5k. Equity is shrinking by ~52.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 46% of 302 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €832 |
| Net result | €-5k |
| Better than sector | 46% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.3% | 36.1% | |
| Net result | €-5k | €14k | |
| Equity | €832 | €89k | |
| Gross operating margin | €-4k | €74k | |
| Total assets | €3k | €384k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-5k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €3k |
| Equity | €832 |
| Debt | €2k |
| of which ≤ 1y | €2k |
| of which > 1y | - |
| Working capital | €832 |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.48 |
| Quick ratio | 1.48 |
| Working capital ratio | 32.3% |
| Solvency | 32.3% |
| Debt / equity | 2.10 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -191.1% |
| ROE | -592.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3k |
| Current assets | 29/58 | €3k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3k |
| Equity | 10/15 | €832 |
| Reserves | 13 | €832 |
| Amounts payable | 17/49 | €2k |
| Amounts payable within one year | 42/48 | €2k |
| Trade debts payable within one year | 44 | €225 |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-5k |
| Financial charges | 65 | €231 |
| Result before taxes | 9903 | €-5k |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
-
DSProjectsLegal entityDirector· perm. rep.: Arthur Luc Tilo DESPIEGELAEREState Gazette act 26310676 (13-02-2026)Current13-02-2026 → present
-
Steyaert ProjectsLegal entityDirector· perm. rep.: Emile Carl Marie Piet Annie STEYAERTState Gazette act 26310676 (13-02-2026)Current13-02-2026 → present
Former directors (1)
-
Johan KoningsLegal entityDirector· perm. rep.: Johan KoningsState Gazette act 24019689 (31-01-2024)Former- → 09-11-2023
| NACE primary | Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts(71121) |
| Legal form | Private limited company(610) |
| Incorporation | 13-12-2021 |
| Status | Active |
| Postal code | 8530 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34013A1207/00X007 | Flanders | 1,632 m² | 1 · 385 m² | 8.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-02-2026 2 directors appointed
- Arthur Luc Tilo DESPIEGELAERE, Bestuurder
- Emile Carl Marie Piet Annie STEYAERT, Bestuurder
Technical details
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}31-01-2024 Johan Konings resigns as director
- Johan Konings, Bestuurder
Technical details
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}15-12-2021 Incorporation of a new BV
Technical details
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}| Legal nameNL | GAELE XL |