Equity
€151,156 ▲ 1.8%
GAFOB paid out €71,000 in dividends. That is 96% of the 2025 profit.
GAFOB
Lifetime
20 annual accounts with figures on one time axis, 27 filings since 1999peak €378,679 (2023)
€353,031▲ 13.9%
lowest -€61,451 (2006)
€73,669▲ 128%
peak €202,409 (2022)
€151,156▲ 1.8%
€258,323▲ 22.6%
peak 6.3 FTE (2008)
3.8 FTE▼ 5.0%
Board3 names since 2016
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
09-06-202652 days before the deadline
2025financial year
Gross margin from €309,997 to €353,031Result from €32,376 to €73,669Dividend €71,000Debts from €210,702 to €258,323Investments €72,322
Key points
from the 2025 annual accountsInvestments
€72,322 2.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 42.2% higher than in 2024.
Staff
3.8 FTE from 6.3 in 2008
Between 2008 and 2025, 40% of the full-time equivalents disappeared.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as GAFOB has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for GAFOB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- 100%score equity €252,086 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0465491320
Amendment of the articles · Legal-form change · Resignations & appointments
Resignations: (manager) and (manager) · Reappointments: (director) and (director) · General meeting of 12-05-2022 · Gazette deed
Resignation: (manager)
General meeting of 15-03-2019 · Gazette deed
Appointment: (manager)
General meeting of 13-04-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GAFOB Jemeppe-sur-Sambre | €409,479 | €353,031 | 36.9% | 3.8 |
| De Meersman Dirk Aalst | €451,237 | €271,512 | 65.8% | 3.9 |
| Ecowatt - Vandenbroecke Vilvoorde | €405,448 | €444,754 | 35.8% | 4.8 |
| BRULEZ, PERRON ET FILS Frameries | €457,363 | €267,638 | 82.1% | 3 |
| Rayen Klimatechniek Beringen | €427,017 | €213,129 | 57.7% | 3.6 |
| JOHN MATHEN Vielsalm | €522,337 | €398,757 | 70.7% | 4.5 |
| OMNIBOUW Antwerp | €341,191 | €256,537 | 80.9% | 4.2 |
These companies have the same main activity as GAFOB: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €341,000 and €522,000, founded between 1991 and 2005.
Official details
Source: KBO- Status
- Active since 25-02-1999Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
- Establishment unit
- 2.090.440.0705190 Jemeppe-sur-Sambre, since 16-03-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- ≈ €900,000estimated
- €409,479▲ 14.0%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on GAFOB
GAFOB has existed since 1999. The gross margin grew from €195,536 in 2006 to €353,031 in 2025, while staff fell from 5.4 to 3.8 full-time equivalents.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GAFOB
- What is the company number of GAFOB?
- The company number of GAFOB is 0465.491.320. The VAT number is the same number with BE in front: BE 0465.491.320.
- Where is GAFOB based?
- The registered office is at Rue Albert-Ier,Ham 60, 5190 Jemeppe-sur-Sambre.Company details
- What does GAFOB do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of GAFOB?
- GAFOB is a private limited company (BV).
- When was GAFOB founded?
- GAFOB was founded on 25-02-1999.
- Is GAFOB still active?
- Yes, GAFOB is an active enterprise in the KBO register.
- How many employees does GAFOB have?
- GAFOB had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GAFOB?
- The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €353,031 and 46 comparable companies (NACE 432). It probably lies between €760,000 and €1.2m.
- Is GAFOB profitable?
- In financial year 2025, GAFOB made a profit of €73,669.
- Where can I find the annual accounts of GAFOB?
- GAFOB filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GAFOB due?
- GAFOB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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