Gandatex
ActiveGandatex has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €23k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
73
/ 100
Healthy▼ -20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency31▼-65
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 2.13 in 2024), and 79.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.4%
Return on assets
47.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
26 d early
2023
19 d late
2022
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 23.6%
2024 · €13k
2022: €6k
2023: €10k
2024: €13k
2022 → 2025
Total assets
€49k▲ 99.5%
2024 · €25k
2022: €17k
2023: €30k
2024: €25k
2022 → 2025
Net result
€23k▲ 497%
2024 · €4k
2022: €5k
2023: €5k
2024: €4k
2022 → 2025
Working capital
€9k▼ 32.6%
2024 · €13k
2022: €5k
2023: €9k
2024: €13k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€6k-€10k▲ 61.1%€13k▲ 30.9%€10k▼ 23.6%
Operating result€12k-€11k▼ 6.4%€10k▼ 6.2%€34k▲ 233%
Net result€5k-€5k▲ 1.7%€4k▼ 14.5%€23k▲ 497%
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 2025; 2025 is 233% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€1k▲ 702%
Current assets
€48k▲ 95.5%
Equity and liabilities €49k
Equity
€10k▼ 23.6%
Debt
€39k▲ 240%
The debt ratio rises from 46.6% to 79.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€34k▲
2024 · €11k
Cash flow
€24k▲
2024 · €4k
Solvency
20.4%▼
2024 · 53.4%
Current ratio
1.22▼
2024 · 2.13
Quick ratio
1.22▼
2024 · 2.13
Debt / equity
3.89▲
2024 · 0.87
ROE
234.2%▲
2024 · 30.0%
ROA
47.9%▲
2024 · 16.0%
Interest coverage
16.81▲
2024 · 4.23
Debt
€39k▲
2024 · €11k
Debt ≤ 1 year
€39k▲
2024 · €11k
Income taxes
€8k▲
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€25k€49k▲
Fixed assets21/28€160€1k▲
Tangible fixed assets22/27€160€1k▲
Plant, machinery and equipment23€160€0▼
Furniture and vehicles24€0€1k▲
Current assets29/58€24k€48k▲
Amounts receivable after more than one year29€9k€9k=
Other amounts receivable291€9k€9k=
Amounts receivable within one year40/41€10k€32k▲
Trade receivables40€10k€28k▲
Other amounts receivable41€537€5k▲
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€25k€49k▲
Equity10/15€13k€10k▼
Contributions10/11€3k€3k=
Reserves13€11k€8k▼
Distributable reserves133€11k€8k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€11k€39k▲
Amounts payable within one year42/48€11k€39k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Other amounts payable47/48€2k€27k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372€519▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€12k€35k▲
Operating profit (loss)9901€10k€34k▲
Financial income75/76B€3€129▲
Recurring financial income75€3€129▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€8k€32k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€4k€23k▲
Profit (loss) for the period to be appropriated9905€4k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€23k▲
Transfer from equity791/2-€3k
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
Profit to be distributed694/7€833€27k▲
Return on contributions (dividend)694€833€27k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €23k ▲497%
Operating result €34k, net result €23k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €4k ▼14.5%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2021
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.
Terneuzenlaan 49000 GentGround area
47 m²
Building footprint
47 m²
Volume, LiDAR
396 m³
Parcel 44021A3069/00E004, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gandatex
since 20212.316.522.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3069/00E004 | Flanders | 47 m² | 1 · 47 m² | 13.8 m · 3 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.
Similar companies · same sector, comparable size
ORTHOSUPPORT
BE 0786.486.490
Wavre · Eq €10k
PIP17
BE 0763.830.062
Mol · Eq €10k
Buro Contact
BE 0446.552.366
Elsene · Eq €10k
M CREATION
BE 0749.420.119
Mons · Eq €10k
LA VITA NOVA
BE 0769.855.742
Sint-Gillis (bij-Brussel) · Eq €10k
Of 1,734 companies in sector 46150 we hold annual accounts for 750. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2021
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.