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GANGOLF

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1991active for 35 yearsRoute du Château Magis 7, 4880 Aubel, BelgiumKBO/BCE: BE 0444.137.858
Summary

The computed 12-month bankruptcy probability of GANGOLF is 2.5% (moderate). For GANGOLF, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€44,654) and a net result of €7,744. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 5% of 2,276 sector peers (NACE 90, financial year 2023). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Performing arts by independent artists
NACE 90201
1 site
Size
€3,123total assets 2023
Equity
-€44,654
Profit
€7,744
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
2.5%
2023 figures too old to score
Structure
Accounts 439 days overdue0 of 3 deeds read
Signalsraises riskFigures for financial year 2023 (filed 24-06-2024)2 financial years not filed after the legal deadline; 1 of the last 3 lateTwo or more financial years not filedlowers riskSector: Arts creation and performing arts activities (NACE 90)Liquidity: current ratio 0.06, cash €687neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

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
Financial strength, FY 2023 · tick = 2022
Average
Solvency 0=
equity -1429.8% of total assets
Liquidity 27+25
short-term debt 1470.2% · cash 22.0%
Profitability 100=
return on assets 248.0%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,412 companies, NACE 90, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%▲ +0.2 percentage points vs 11-2025 01-2026: 1.4%▲ +0.7 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.5%▲ +0.1 percentage points vs 02-2026 04-2026: 1.4%▼ -0.1 percentage points vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.7%▲ +0.3 percentage points vs 06-2026 08-2026: 2.5%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 2.5%● unchanged vs 08-2026highest value 10-2026: 2.5%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 24-06-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; 1 of the last 3 late
NBB · filings
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Liquidity: current ratio 0.06, cash €687
NBB · annual accounts
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 · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline13-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-06-2024, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
37 days early
2022
23 days late
2021
31 days late
2020
31 days late
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 8 days after the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Highest result from 2018 to 2023net €7,744 ▲531%
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2025 439 days late View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€44,654 View
  • Caution: Among the weakest 5% on solvencysector median 47.9% · 2,276 companies -1429.8% View

By topic

Financials

Financial year
2023
Total assets
€3,123
Profit
€7,744
Solvency
-1429.8%
Total assets▲ 583%
Net result
20182023
Go to Financials

Timeline

Events
36
Since
1992
  1. 31-12-2022Back to profit
  2. 31-08-2022Annual accounts filed
  3. 31-12-2021Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Coöperatieve vennootschap met beperkte aansprakelijkheid
Activity
Performing arts by independent artistsNACE 90201
Founded
20-04-1991
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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