GAPA HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €22k and a net result of €12k. Its solvency ranks better than 9% of 8024 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
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 07-07-2026, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€22k
Net result
€12k
Total assets
€1.96M
Solvency
1.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €1.96M
Fixed assets
€1.91M
Current assets
€53k
Equity and liabilities €1.96M
Equity
€22k
Debt
€1.94M
Debt finances 98.9% of the balance-sheet total.
Key figures and ratios
Solvency
1.1%
ROE
54.2%
ROA
0.6%
Debt
€1.94M
Debt ≤ 1 year
€220k
Debt > 1 year
€1.71M
Income taxes
€3k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€1.96M
Fixed assets21/28€1.91M
Tangible fixed assets22/27€510k
Land and buildings22€510k
Financial fixed assets28€1.40M
Current assets29/58€53k
Amounts receivable within one year40/41€9k
Trade receivables40€9k
Cash at bank and in hand54/58€44k
Equity and liabilities
Total equity and liabilities10/49€1.96M
Equity10/15€22k
Contributions10/11€10k
Profit (loss) carried forward14€12k
Amounts payable17/49€1.94M
Amounts payable after more than one year17€1.71M
Financial debts170/4€1.45M
Other amounts payable178/9€258k
Amounts payable within one year42/48€220k
Current portion of amounts payable after more than one year42€115k
Trade debts44€333
Suppliers440/4€333
Taxes, remuneration and social security45€10k
Taxes450/3€8k
Remuneration and social security454/9€2k
Other amounts payable47/48€95k
Accrued charges and deferred income492/3€14k
Income statement
Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k
Other operating charges640/8€2k
Gross operating margin9900€70k
Operating profit (loss)9901€55k
Financial charges65/66B€40k
Recurring financial charges65€40k
Profit (loss) for the period before taxes9903€15k
Income taxes67/77€3k
Profit (loss) for the period9904€12k
Profit (loss) for the period to be appropriated9905€12k
Appropriation of the result
Profit (loss) to be appropriated9906€12k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Torhout · 1 establishment unit since 2024
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.
Edewallestraat 12A8820 TorhoutGround area
1,950 m²
Building footprint
956 m²
Volume, LiDAR
6,268 m³
Parcel 31523H0223/00H000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GAPA HOLDING
since 20242.365.981.240
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523H0223/00H000 | Flanders | 1,950 m² | 1 · 956 m² | 8.5 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 24,728 companies in sector 64210 we hold annual accounts for 19,764. 7,721 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2024
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress 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.