Skip to content

GAK

Active
Private limited company (pre-2019)founded 2016active for 10 yearsOude Vijversstraat 40, 1190 Vorst, Belgium225 active companies are registered at this addressKBO/BCE: BE 0661.672.335
Summary

The computed 12-month bankruptcy probability of GAK is 1.9% (moderate). The 2025 annual accounts show equity of €41,650 and a net result of €17,609. Equity is growing by about 4.9% per year across the filed financial years. Its solvency ranks better than 19% of 1,054 sector peers (NACE 49, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€286,370total assets 2025
Equity
€41,650
Profit
€17,609
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts filed 61 days late1 of 5 deeds read
Why 54raises riskLatest accounts 61 days late; 3 of the last 3 lateSector: Land transport and transport via pipelines (NACE 49)Equity €41,650 (14.5% of total assets)lowers riskLiquidity: current ratio 1.15, cash €132,719Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 50% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Average
Solvency 40=
equity 14.5% of total assets
Liquidity 53+47
short-term debt 85.5% · cash 46.3%
Profitability 53+6
return on assets 6.1%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,071 companies, NACE 49, micro)
Last 24 months 11-2024: 6.6% 12-2024: 6.6%● unchanged vs 11-2024 01-2025: 6.4%▼ -0.2 percentage points vs 12-2024 02-2025: 6.4%● unchanged vs 01-2025 03-2025: 6.4%● unchanged vs 02-2025 04-2025: 6.3%▼ -0.1 percentage points vs 03-2025 05-2025: 6.2%▼ -0.1 percentage points vs 04-2025 06-2025: 6.1%▼ -0.1 percentage points vs 05-2025 07-2025: 5.9%▼ -0.2 percentage points vs 06-2025 08-2025: 6.5%▲ +0.6 percentage points vs 07-2025 09-2025: 7.2%▲ +0.7 percentage points vs 08-2025 10-2025: 9.3%▲ +2.1 percentage points vs 09-2025 11-2025: 9.3%● unchanged vs 10-2025highest value 12-2025: 6.5%▼ -2.8 percentage points vs 11-2025 01-2026: 6.5%● unchanged vs 12-2025 02-2026: 6.3%▼ -0.2 percentage points vs 01-2026 03-2026: 6.3%● unchanged vs 02-2026 04-2026: 6.2%▼ -0.1 percentage points vs 03-2026 05-2026: 6.1%▼ -0.1 percentage points vs 04-2026 06-2026: 5.9%▼ -0.2 percentage points vs 05-2026 07-2026: 5.6%▼ -0.3 percentage points vs 06-2026 08-2026: 6.1%▲ +0.5 percentage points vs 07-2026 09-2026: 6.6%▲ +0.5 percentage points vs 08-2026 10-2026: 1.9%▼ -4.7 percentage points vs 09-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.15, compared with 1.14 in 2024, below the usual 1.5; short-term debt: 85.5% and cash: 46.3% of total assets), and 85.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 26% on solvency, 58% on liquidity, 29% on profitability and 86% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Latest accounts 61 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Liquidity: current ratio 1.15, cash €132,719
NBB · annual accounts
raises risk · Equity €41,650 (14.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1054 sector peers (2025).
NBB · sector comparison
Position among 1054 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
61 days late
2024
92 days late
2023
89 days late
2022
114 days late
2021
121 days late
2020
94 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 99 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €17,609 ▲183%
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Among the weakest 12% on equitysector median €1.0m · 1,053 companies €41,650 View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Total assets 20256 financial years filed €286,370 View

By topic

Financials

Financial year
2025
Total assets
€286,370
Profit
€17,609
Solvency
14.5%
Turnover▼ 13.1%
Net result
20182021
Go to Financials

Timeline

Events
14
Since
2018
Next accounts
by 31-07-2027
  1. 26-05-2025Resignation: Nizeyimana Anastase (manager)
  2. 31-12-2024Back to profit
  3. 28-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Freight transport by roadNACE 49410
Founded
24-08-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.