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GANGUETTE

Active Private limited companyfounded 2020active for 6 yearsParmastraat 25, 1060 Sint-Gillis (bij-Brussel)KBO/BCE: BE 0756.810.430

Lifetime

5 annual accounts with figures on one time axis
peak €211,682 (2022)
€135,838▲ 85.4%
lowest -€21,676 (2024)
-€7,450▲ €14,226
peak €27,145 (2023)
-€1,980▼ €7,450
€52,724▼ 37.4%
Board2 names since 2020
2 directorsLAM,Duy Thuan and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €73,250 to €135,838Loss of €7,450Registered-office move 26-09Equity from €5,469 to -€1,980Debts from €84,176 to €52,724Cash from €36,220 to €24,198

Key points

from the 2025 annual accounts

Equity

-€1,980
20212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€29,125 in two years
-21,6762024-7,4502025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€52,724 104% of the balance sheet
Suppliers 8%Taxes and wages 20%Other 72%

Staff

3.5 FTE from 9.4 in 2021

Between 2021 and 2025, 63% of the full-time equivalents disappeared.

Board

1 left

A director left. Latest change 13-05-2026 · 1 in office.

Checked score

34
Weak
Financially stronger than 25% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 5.0% 01-2025: 4.9%▼ -0.1 percentage points vs 12-2024 02-2025: 4.9%● unchanged vs 01-2025 03-2025: 4.9%● unchanged vs 02-2025lowest value 04-2025: 5.1%▲ +0.2 percentage points vs 03-2025 05-2025: 5.0%▼ -0.1 percentage points vs 04-2025 06-2025: 5.1%▲ +0.1 percentage points vs 05-2025 07-2025: 5.1%● unchanged vs 06-2025 08-2025: 5.8%▲ +0.7 percentage points vs 07-2025 09-2025: 6.2%▲ +0.4 percentage points vs 08-2025 10-2025: 7.5%▲ +1.3 percentage points vs 09-2025 11-2025: 7.7%▲ +0.2 percentage points vs 10-2025 12-2025: 7.7%● unchanged vs 11-2025 01-2026: 7.7%● unchanged vs 12-2025 02-2026: 7.6%▼ -0.1 percentage points vs 01-2026 03-2026: 7.5%▼ -0.1 percentage points vs 02-2026 04-2026: 7.7%▲ +0.2 percentage points vs 03-2026 05-2026: 8.0%▲ +0.3 percentage points vs 04-2026 06-2026: 8.0%● unchanged vs 05-2026 07-2026: 8.0%● unchanged vs 06-2026highest value 08-2026: 6.3%▼ -1.7 percentage points vs 07-2026 09-2026: 6.3%● unchanged vs 08-2026 10-2026: 6.5%▲ +0.2 percentage points vs 09-2026 11-2026: 6.5%● unchanged vs 10-2026

Financial strength
Weak

21-10equity -3.9% of total assets
50=short-term debt 103.9% · cash 47.7%
10-14return on assets -14.7%

Score breakdown

raises risk
Sector: Food and beverage service activities (NACE 56)
1 change of registered office in 24 months
2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 0.85, cash €24,198
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 24% of them on solvency, 49% on liquidity, 21% on profitability and 6% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 6,008 companies had the same profile as GANGUETTE has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GANGUETTE itself: 6.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 6,008 companies, not a prediction for GANGUETTE. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.85 (0.82 in 2024), below 1. Short-term debt is 103.9% and cash 47.7% of total assets. Equity is negative.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.85, cash €24,198
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€1,980
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 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
23 days early
2024
55 days late
2023
31 days late
2022
163 days late
2021
106 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 66 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 24 September (4 of the last 5 accounts filed within 78 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LD
Director, since 19-10-2020
Board & ownership

Recent changes

Resignation: Truong-Thanh Lam (director) General meeting of 13-05-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0756810430
Registered-office move General meeting of 20-08-2025 · Gazette deed
New establishment in Brussels Gesanhoek 1
All 14 events

Comparable companies

same main activity, similar in size and age
Company
GANGUETTE Sint-Gillis (bij-Brussel) €50,743 €135,838 -3.9% -
SINA E FIGLI Forest €47,900 €131,063 45.5% -
HARBOR CAFE Antwerp €52,312 €125,961 -112.4% 2.8
Restorante Pizzeria LA CALABRESE Onhaye €56,292 €121,842 17.4% -
2 OF US Arlon €49,743 €146,559 -120.9% -
CK BEN Avelgem €53,276 €117,001 73.7% -
MIKA Havelange €43,698 €116,728 -22.8% -

These companies have the same main activity as GANGUETTE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €43,700 and €56,300, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 20-10-2020Normal situation
Registered office
21 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 2025
Establishment units
2.309.539.7121180 Uccle, since 20-10-2020
2.315.947.3531000 Brussels, since 01-04-2021
Financial year end
31 December
Peppol
Reachable since 27-10-2025
Company details

Annual accounts 2025

≈ €420,000estimated
€50,743▼ 43.4%
Employeeson 31-12-2025
3=
Filing
Filed on 08-07-2026, 23 days before the end of the filing period
Financials

Insights on GANGUETTE

GANGUETTE files the micro format. That format states no turnover. The gross margin fell from €202,637 in 2021 to €135,838 in 2025.

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 GANGUETTE

What is the company number of GANGUETTE?
The company number of GANGUETTE is 0756.810.430. The VAT number is the same number with BE in front: BE 0756.810.430.
Where is GANGUETTE based?
The registered office is at Parmastraat 25, 1060 Sint-Gillis (bij-Brussel).Company details
What does GANGUETTE do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of GANGUETTE?
GANGUETTE is a private limited company (BV).
When was GANGUETTE founded?
GANGUETTE was founded on 20-10-2020.
Is GANGUETTE still active?
Yes, GANGUETTE is an active enterprise in the KBO register.
How many employees does GANGUETTE have?
GANGUETTE had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GANGUETTE fall under?
In its 2025 annual accounts, GANGUETTE states joint committee 302 (Hotels and catering).
What is the turnover of GANGUETTE?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €135,838 and 81 comparable companies (NACE 56112). It probably lies between €310,000 and €510,000.
Is GANGUETTE profitable?
In financial year 2025, GANGUETTE made a loss of €7,450.
Where can I find the annual accounts of GANGUETTE?
GANGUETTE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GANGUETTE due?
GANGUETTE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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