GASIA
ActiveGASIA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €199k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 17.58 against 11.46 in 2024), and 4.8% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
95.2%
Return on assets
18.7%
Age of the figures
8 mo
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
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
57 d early
2023
56 d early
2022
59 d early
2021
45 d early
2020
31 d early
2019
36 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.01M▲ 24.4%
2024 · €814k
2018: €511k
2019: €597k
2020: €720k
2021: €571k
2022: €566k
2023: €645k
2024: €814k
2018 → 2025
Total assets
€1.06M▲ 21.6%
2024 · €875k
2018: €747k
2019: €838k
2020: €757k
2021: €628k
2022: €695k
2023: €664k
2024: €875k
2018 → 2025
Net result
€199k▲ 18.1%
2024 · €168k
2018: €73k
2019: €86k
2020: €122k
2021: €101k
2022: €80k
2023: €80k
2024: €168k
2018 → 2025
Working capital
€842k▲ 31.9%
2024 · €638k
2018: €435k
2019: €532k
2020: €675k
2021: €544k
2022: €537k
2023: €628k
2024: €638k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€571k-€566k▼ 1.0%€645k▲ 14.0%€814k▲ 26.1%€1.01M▲ 24.4%
Operating result€138k-€105k▼ 24.2%€108k▲ 2.7%€233k▲ 116%€265k▲ 14.2%
Net result€101k-€80k▼ 21.0%€80k=€168k▲ 112%€199k▲ 18.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 14% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€171k▼ 2.6%
Current assets
€892k▲ 27.7%
Equity and liabilities €1.06M
Equity
€1.01M▲ 24.4%
Debt
€51k▼ 16.8%
The debt ratio falls from 7.0% to 4.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€308k▲
2024 · €262k
Cash flow
€241k▲
2024 · €198k
Solvency
95.2%▲
2024 · 93.0%
Current ratio
17.58▲
2024 · 11.46
Quick ratio
17.58▲
2024 · 11.46
Debt / equity
0.05▼
2024 · 0.07
ROE
19.6%▼
2024 · 20.7%
ROA
18.7%▼
2024 · 19.3%
Interest coverage
2675.66▼
2024 · 5372.43
Debt
€51k▼
2024 · €61k
Debt ≤ 1 year
€51k▼
2024 · €61k
Income taxes
€88k▲
2024 · €70k
Staff costs
€91k▼
2024 · €130k
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€875k€1.06M▲
Fixed assets21/28€176k€171k▼
Tangible fixed assets22/27€173k€168k▼
Plant, machinery and equipment23€8k€40k▲
Furniture and vehicles24€165k€128k▼
Financial fixed assets28€3k€3k▼
Current assets29/58€699k€892k▲
Amounts receivable within one year40/41€21k€18k▼
Other amounts receivable41€21k€18k▼
Current investments50/53€310k€242k▼
Cash at bank and in hand54/58€361k€626k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€875k€1.06M▲
Equity10/15€814k€1.01M▲
Contributions10/11€19k€19k=
Reserves13€791k€990k▲
Distributable reserves133€791k€990k▲
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€61k€51k▼
Amounts payable within one year42/48€61k€51k▼
Trade debts44€28k€5k▼
Suppliers440/4€28k€5k▼
Taxes, remuneration and social security45€27k€38k▲
Taxes450/3€27k€38k▲
Remuneration and social security454/9-€50
Other amounts payable47/48€6k€8k▲
Income statement
Code20242025
Non-recurring operating income76A€13k-
Remuneration, social security and pensions62€130k€91k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€42k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€394k€400k▲
Operating profit (loss)9901€233k€265k▲
Financial income75/76B€6k€22k▲
Recurring financial income75€6k€22k▲
Financial charges65/66B€49€115▲
Recurring financial charges65€49€115▲
Profit (loss) for the period before taxes9903€239k€287k▲
Income taxes67/77€70k€88k▲
Profit (loss) for the period9904€168k€199k▲
Profit (loss) for the period to be appropriated9905€168k€199k▲
Appropriation of the result
Profit (loss) to be appropriated9906€173k€204k▲
Profit (loss) brought forward from the previous period14P€4k€5k▲
Transfer to equity691/2€168k€199k▲
To other reserves6921€168k€199k▲
The notes to these accounts (7 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €199k ▲18.1%
Operating result €265k, net result €199k, both a record.
31-12
Financial
Equity above €1MEq €1.01M ▲24.4%
8 profitable years in a row build equity to €1.01M.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 7current ratio 34.61
Current ratio from 5.16 to 34.61; short-term debt falls from €129k to €19k.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 6current ratio 19.06
Current ratio from 3.24 to 19.06; short-term debt falls from €238k to €37k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Kortenaken · 1 establishment unit since 2006
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.
Herrebeekstraat 303471 KortenakenGround area
776 m²
Building footprint
231 m²
Volume, LiDAR
1,137 m³
Parcel 24042B0135/00T000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GASIA
since 20062.157.117.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24042B0135/00T000 | Flanders | 776 m² | 1 · 231 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,685 EUR awarded · 1,685 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 99 EUR | 99 EUR |
| 2023 | 1 | 87 EUR | 87 EUR |
| 2022 | 1 | 1,499 EUR | 1,499 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 6,315 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2006
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
45111
45211
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
45112
45250
46130Agents in the wholesale of timber and building materials
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.