Gagarin
ActiveThe computed 12-month bankruptcy probability of Gagarin is 2.1% (moderate). For Gagarin, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €31k and a net result of €4k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 6119 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability82▲+13
Solvency100▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
75.5%
Return on assets
10.9%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-08-2024, 26 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
26 d late
2022
30 d late
2021
30 d late
2020
60 d late
2019
112 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€31k▲ 16.9%
2022 · €26k
2018: €11k
2019: €26k
2020: €20k
2021: €26k
2022: €26k
2018 → 2023
Total assets
€41k▼ 9.5%
2022 · €45k
2018: €13k
2019: €31k
2020: €32k
2021: €59k
2022: €45k
2018 → 2023
Net result
€4k
2022 · €-44
2018: €-2k
2019: €16k
2020: €-7k
2021: €6k
2022: €-44
2018 → 2023
Working capital
€20k▲ 35.4%
2022 · €15k
2018: €6k
2019: €17k
2020: €11k
2021: €15k
2022: €15k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€26k-€20k▼ 24.7%€26k▲ 31.8%€26k▼ 0.2%€31k▲ 16.9%
Operating result€19k-€-6k€9k€2k▼ 76.6%€8k▲ 292%
Net result€16k-€-7k€6k€-44€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 292% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €41k
Fixed assets
€10k▼ 36.8%
Current assets
€30k▲ 6.0%
Equity and liabilities €41k
Equity
€31k▲ 16.9%
Debt
€10k▼ 46.7%
The debt ratio falls from 41.6% to 24.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2022 · €9k
Cash flow
€10k▲
2022 · €6k
Solvency
75.5%▲
2022 · 58.4%
Current ratio
3.04▲
2022 · 2.11
Quick ratio
3.04▲
2022 · 2.11
Debt / equity
0.32▼
2022 · 0.71
ROE
14.5%▲
2022 · -0.2%
ROA
10.9%▲
2022 · -0.1%
Interest coverage
22.06▲
2022 · 12.28
Debt
€10k▼
2022 · €19k
Debt ≤ 1 year
€10k▼
2022 · €14k
Income taxes
€3k▲
2022 · €2k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€45k€41k▼
Fixed assets21/28€16k€10k▼
Tangible fixed assets22/27€16k€10k▼
Plant, machinery and equipment23€1k€401▼
Furniture and vehicles24€15k€10k▼
Current assets29/58€29k€30k▲
Amounts receivable within one year40/41€27k€26k▼
Trade receivables40€27k€24k▼
Other amounts receivable41€575€2k▲
Cash at bank and in hand54/58€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€45k€41k▼
Equity10/15€26k€31k▲
Contributions10/11€12k€12k=
Reserves13€7k€11k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€5k€9k▲
Profit (loss) carried forward14€7k€7k▲
Amounts payable17/49€19k€10k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€14k€10k▼
Current portion of amounts payable after more than one year42€6k€5k▼
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€5k-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€15k€21k▲
Operating profit (loss)9901€2k€8k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€698€656▼
Recurring financial charges65€698€656▼
Profit (loss) for the period before taxes9903€1k€8k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€-44€4k▲
Profit (loss) for the period to be appropriated9905€-44€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€11k▲
Profit (loss) brought forward from the previous period14P€7k€7k▼
Transfer to equity691/2-€4k
To other reserves6921-€4k
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
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Weakest financial yearnet €-7k ▼142%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 59 days late
Financial 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
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2017
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.
Boomgaardstraat 382070 Beveren-Kruibeke-ZwijndrechtGround area
169 m²
Building footprint
83 m²
Volume, LiDAR
549 m³
Parcel 11011A0259/00T003, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gagarin
since 20172.267.039.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0259/00T003 | Flanders | 169 m² | 1 · 83 m² | 10.3 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.
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,524 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-06-2017
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.