GAPS
ActiveSummary
For GAPS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €316,546 and a net result of €103,997. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 8101 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100=
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
78.4%
Return on assets
25.8%
Age of the figures
28 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-05-2025 was due at the National Bank by 31-12-2025. Nothing is on record, 271 days later.
NBB · 10 filingsPosition against the passed deadline
31-05-2025 close31-12-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-05-2024 was due by 31-12-2024 and was filed on 24-11-2025, 328 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
328 d late
2023
47 d late
2022
on the day
2021
42 d late
2020
8 d late
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 66 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€465,596▲ 33.6%
2023 · €348,529
EBIT margin
28.0%▲ 3.9pp
2023 · 24.0%
Net result
€103,997▲ 30.7%
2023 · €79,583
Working capital
€303,129▲ 44.6%
2023 · €209,614
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€167,994▲ 18.1%€160,862▼ 4.2%€305,027▲ 89.6%€348,529▲ 14.3%€465,596▲ 33.6%
Operating result€22,670▲ 156%€24,172▲ 6.6%€5,405▼ 77.6%€83,784▲ 1,450%€130,197▲ 55.4%
Net result€12,495within the sector's middle half€17,260within the sector's middle half▲ 38.1%-€7,982below the sector's middle half€79,583within the sector's middle half€103,997within the sector's middle half▲ 30.7%
EBIT margin13.5%▲ 7.3pp15.0%▲ 1.5pp1.8%▼ 13.3pp24.0%▲ 22.3pp28.0%▲ 3.9pp
Equity€146,188within the sector's middle half▲ 9.3%€163,448within the sector's middle half▲ 11.8%€155,466within the sector's middle half▼ 4.9%€235,049within the sector's middle half▲ 51.2%€316,546within the sector's middle half▲ 34.7%
Total assets€277,601below the sector's middle half▼ 8.2%€278,742below the sector's middle half▲ 0.4%€183,813below the sector's middle half▼ 34.1%€304,578below the sector's middle half▲ 65.7%€403,854within the sector's middle half▲ 32.6%
Debt€131,413▼ 22.2%€115,294▼ 12.3%€28,347▼ 75.4%€69,529▲ 145%€87,308▲ 25.6%
Working capital-€23,240▲ 48.7%€12,760€119,395▲ 836%€209,614▲ 75.6%€303,129▲ 44.6%
Solvency52.7%within the sector's middle half▲ 8.5pp58.6%within the sector's middle half▲ 6.0pp84.6%above the sector's middle half▲ 25.9pp77.2%within the sector's middle half▼ 7.4pp78.4%within the sector's middle half▲ 1.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €403,854
Fixed assets
€39,771 ▲ 43.7%
Current assets
€364,083 ▲ 31.5%
Equity and liabilities €403,854
Equity
€316,546 ▲ 34.7%
Debt
€87,308 ▲ 25.6%
Debt's share of the balance-sheet total falls from 22.8% to 21.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138,602▲
2023 · €117,928
Cash flow
€112,402▼
2023 · €113,727
Current ratio
5.97▲
2023 · 4.12
Debt to equity
0.28▼
2023 · 0.30
ROE
32.9%▼
2023 · 33.9%
ROA
25.8%▼
2023 · 26.1%
Interest coverage
43.04▲
2023 · 40.81
Debt ≤ 1 year
€60,954▼
2023 · €67,279
Income taxes
€24,062▲
2023 · €1,436
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €167,994 | €160,862 | €305,027 | €348,529 | €465,596 | ▲ 33.6% |
| Non-recurring operating income76A | - | - | - | - | €8,159 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €126,058 | €227,136 | €329,920 | ▲ 45.3% |
| Remuneration, social security and pensions62 | - | - | €50 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,490 | €31,823 | €32,265 | €34,144 | €8,405 | ▼ 75.4% |
| Other operating charges640/8 | - | - | €1,320 | €1,265 | €914 | ▼ 27.7% |
| Non-recurring operating charges66A | - | - | €139,930 | €2,200 | €4,319 | ▲ 96.3% |
| Gross operating margin9900 | €55,107 | €60,344 | €178,970 | €121,393 | €143,835 | ▲ 18.5% |
| Operating profit (loss)9901 | €22,670 | €24,172 | €5,405 | €83,784 | €130,197 | ▲ 55.4% |
| Financial income75/76B | - | - | €126 | €125 | €1,082 | ▲ 766% |
| Recurring financial income75 | €1 | - | €126 | €125 | €1,082 | ▲ 766% |
| Financial charges65/66B | - | - | €5,620 | €2,890 | €3,220 | ▲ 11.4% |
| Recurring financial charges65 | €8,538 | €2,937 | €5,620 | €2,890 | €3,220 | ▲ 11.4% |
| Profit (loss) for the period before taxes9903 | €14,133 | €21,235 | -€89 | €81,019 | €128,059 | ▲ 58.1% |
| Income taxes67/77 | €1,638 | €3,975 | €7,893 | €1,436 | €24,062 | ▲ 1,576% |
| Profit (loss) for the period9904 | €12,495 | €17,260 | -€7,982 | €79,583 | €103,997 | ▲ 30.7% |
| Profit (loss) for the period to be appropriated9905 | €12,495 | €17,260 | -€7,982 | €79,583 | €103,997 | ▲ 30.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €277,601 | €278,742 | €183,813 | €304,578 | €403,854 | ▲ 32.6% |
| Fixed assets21/28 | €224,539 | €195,132 | €36,071 | €27,685 | €39,771 | ▲ 43.7% |
| Intangible fixed assets21 | €23,363 | €15,576 | €7,788 | - | - | - |
| Tangible fixed assets22/27 | €201,176 | €179,556 | €28,283 | €27,685 | €39,771 | ▲ 43.7% |
| Plant, machinery and equipment23 | - | - | €7,414 | €6,739 | €3,603 | ▼ 46.5% |
| Furniture and vehicles24 | - | - | €20,756 | €13,026 | €5,403 | ▼ 58.5% |
| Other tangible fixed assets26 | - | - | €113 | €7,920 | €30,765 | ▲ 288% |
| Current assets29/58 | €53,062 | €83,610 | €147,742 | €276,893 | €364,083 | ▲ 31.5% |
| Amounts receivable within one year40/41 | €33,011 | €28,043 | €34,127 | €95,037 | €70,148 | ▼ 26.2% |
| Trade receivables40 | - | - | €31,120 | €73,902 | €45,369 | ▼ 38.6% |
| Other amounts receivable41 | - | - | €3,007 | €21,135 | €24,779 | ▲ 17.2% |
| Cash at bank and in hand54/58 | €19,395 | €54,267 | €113,615 | €181,856 | €293,935 | ▲ 61.6% |
| Deferred charges and accrued income490/1 | - | - | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €277,601 | €278,742 | €183,813 | €304,578 | €403,854 | ▲ 32.6% |
| Equity10/15 | €146,188 | €163,448 | €155,466 | €235,049 | €316,546 | ▲ 34.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | €18,500 | €18,500 | €18,500 | = |
| Uncalled capital101 | - | - | €12,300 | €12,300 | €12,300 | = |
| Reserves13 | €1,850 | €1,850 | €1,850 | €1,850 | €1,850 | = |
| Non-distributable reserves130/1 | - | - | €1,850 | €1,850 | €1,850 | = |
| Legal reserve130 | - | - | €1,850 | €1,850 | €1,850 | = |
| Profit (loss) carried forward14 | €138,138 | €155,398 | €147,416 | €226,999 | €308,496 | ▲ 35.9% |
| Amounts payable17/49 | €131,413 | €115,294 | €28,347 | €69,529 | €87,308 | ▲ 25.6% |
| Amounts payable after more than one year17 | €55,111 | €44,444 | €0 | - | - | - |
| Financial debts170/4 | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €76,302 | €70,850 | €28,347 | €67,279 | €60,954 | ▼ 9.4% |
| Trade debts44 | €1,215 | €3,748 | €1,903 | €32,168 | €18,174 | ▼ 43.5% |
| Suppliers440/4 | - | - | €1,903 | €32,168 | €18,174 | ▼ 43.5% |
| Taxes, remuneration and social security45 | - | - | €3,821 | €14,495 | €35,798 | ▲ 147% |
| Taxes450/3 | - | - | €3,821 | €11,744 | €13,298 | ▲ 13.2% |
| Remuneration and social security454/9 | - | - | - | €2,751 | €22,500 | ▲ 718% |
| Other amounts payable47/48 | - | - | €22,623 | €20,616 | €6,982 | ▼ 66.1% |
| Accrued charges and deferred income492/3 | - | - | - | €2,250 | €26,354 | ▲ 1,071% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,495 | €17,260 | -€7,982 | €79,583 | €103,997 | ▲ 30.7% |
| + Depreciation and write-downs630 | €31,490 | €31,823 | €32,265 | €34,144 | €8,405 | ▼ 75.4% |
| Operating cash flow (approximation) | €43,985 | €49,083 | €24,283 | €113,727 | €112,402 | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | -€2,416 | €126,796 | -€25,758 | -€20,491 | ▲ 20.4% |
| Change in cash | - | €34,872 | €59,348 | €68,241 | €112,079 | ▲ 64.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
14-07
State Gazette act
Resignation: HOLVOET Els Godelieve Bernadetta (non-statutory director)Director discharge4 facts ▸
State Gazette act
Resignation: HOLVOET Els Godelieve Bernadetta (non-statutory director)
Director discharge4 facts ▸
- General meeting, 15-06-2026
- Director resignation, HOLVOET Els Godelieve Bernadetta (non-statutory director)
- Director discharge, HOLVOET Els Godelieve Bernadetta
- Other statement, alle handelingen,beslissingen en tekortkomingen tijdens of naar aanleiding van haar bestuursmandaat tot op de datum van dit ontslag, aansprakelijkheid na ontsla…
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 328 days late
2024
31-05
Financial
Highest result since 2019net €103,997 ▲30.7%
Operating result €130,197, net result €103,997, both a record.
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 47 days late
2023
31-05
Financial
Back to profitnet €79,583
Net result €79,583 after one loss-making year.
31-05
Financial
Equity above €200,000Eq €235,049 ▲51.2%
Equity rises from €155,466 to €235,049.
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-05
Financial
Weakest financial yearnet -€7,982
Net result drops to -€7,982, the lowest in the series; recovery starts the following year.
31-05
Financial
Liquidity quadruplescurrent ratio 5.21
Current ratio from 1.18 to 5.21; short-term debt falls from €70,850 to €28,347.
11-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 42 days late
2021
31-05
Financial
Equity above €150,000Eq €163,448 ▲11.8%
2 profitable years in a row build equity to €163,448.
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 8 days late
Show earlier events
2020
31-05
Financial
Back to profitnet €12,495
Net result €12,495 after one loss-making year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
19-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lebbeke · 1 establishment unit since 2005
Ground area
472 m²
Building footprint
246 m²
Volume, LiDAR
1,703 m³
Parcel 42005B0782/00N000, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
" GAPS "
since 20052.147.085.694
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42005B0782/00N000 | Flanders | 472 m² | 1 · 246 m² | 12.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HOLVOET Els Godelieve Bernadetta |
|
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 426 EUR awarded · 426 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 426 EUR | 426 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 37,833 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-05-2005
Fiscal year end31-05
Activities, NACEBEL 2025
70200Business and other management consultancy
46140Agents in the wholesale of industrial machinery, ships and aircraft
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0873824203
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.