GASPRO
ActiveSummary
GASPRO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€51,567) and a net result of €10,836. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+2
Solvency15▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.26 against 2.89 in 2024; short-term debt: 6.3% and cash: 2.5% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-10.4%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9336 sector peers (2025).
NBB · sector comparisonPosition among 9336 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
5 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
32 d early
2020
25 d late
2019
34 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,836▲ 17.8%
2024 · €9,201
Working capital
€39,433▼ 31.8%
2024 · €57,833
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line20212022202320242025
Operating result€1,312€5,639▲ 330%€7,360▲ 30.5%€18,886▲ 157%€19,999▲ 5.9%
Net result-€10,002below the sector's middle half▲ 74.3%-€5,064within the sector's middle half▲ 49.4%-€2,838within the sector's middle half▲ 43.9%€9,201within the sector's middle half€10,836within the sector's middle half▲ 17.8%
Equity-€63,701below the sector's middle half▼ 18.6%-€68,765below the sector's middle half▼ 7.9%-€71,603below the sector's middle half▼ 4.1%-€62,402below the sector's middle half▲ 12.8%-€51,567below the sector's middle half▲ 17.4%
Total assets€703,183within the sector's middle half▼ 2.8%€668,634within the sector's middle half▼ 4.9%€628,265within the sector's middle half▼ 6.0%€539,654within the sector's middle half▼ 14.1%€494,297below the sector's middle half▼ 8.4%
Debt€766,884▼ 1.3%€737,399▼ 3.8%€699,868▼ 5.1%€602,056▼ 14.0%€545,864▼ 9.3%
Working capital€111,154within the sector's middle half▲ 2.6%€117,529above the sector's middle half▲ 5.7%€115,615within the sector's middle half▼ 1.6%€57,833within the sector's middle half▼ 50.0%€39,433within the sector's middle half▼ 31.8%
Solvency-9.1%below the sector's middle half▼ 1.6pp-10.3%below the sector's middle half▼ 1.2pp-11.4%below the sector's middle half▼ 1.1pp-11.6%below the sector's middle half▼ 0.2pp-10.4%below the sector's middle half▲ 1.1pp
Current ratio4.65above the sector's middle half▲ 1.804.94above the sector's middle half▲ 0.294.65above the sector's middle half▼ 0.292.89above the sector's middle half▼ 1.752.26within the sector's middle half▼ 0.63
Return on assets (ROA)-1.4%within the sector's middle half▲ 4.0pp-0.8%within the sector's middle half▲ 0.7pp-0.5%within the sector's middle half▲ 0.3pp1.7%within the sector's middle half▲ 2.2pp2.2%within the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €494,297
Fixed assets
€423,658 ▼ 6.1%
Current assets
€70,639 ▼ 20.1%
Key figures and ratios
EBITDA
€47,607▼
2024 · €48,564
Cash flow
€38,443▼
2024 · €38,878
Debt to equity
-10.59▼
2024 · -9.65
Interest coverage
5.20▲
2024 · 5.01
Debt ≤ 1 year
€31,207▲
2024 · €30,555
Debt > 1 year
€514,658▼
2024 · €571,114
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
1.8%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,577 | €40,318 | €40,318 | €29,677 | €27,608 | ▼ 7.0% |
| Other operating charges640/8 | €1,101 | €771 | €1,230 | €1,266 | €2,298 | ▲ 81.4% |
| Gross operating margin9900 | €40,989 | €46,728 | €48,908 | €49,830 | €49,904 | ▲ 0.1% |
| Operating profit (loss)9901 | €1,312 | €5,639 | €7,360 | €18,886 | €19,999 | ▲ 5.9% |
| Financial charges65/66B | €11,314 | €10,703 | €10,199 | €9,686 | €9,164 | ▼ 5.4% |
| Recurring financial charges65 | €11,314 | €10,703 | €10,199 | €9,686 | €9,164 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | -€10,002 | -€5,064 | -€2,838 | €9,201 | €10,836 | ▲ 17.8% |
| Profit (loss) for the period9904 | -€10,002 | -€5,064 | -€2,838 | €9,201 | €10,836 | ▲ 17.8% |
| Profit (loss) for the period to be appropriated9905 | -€10,002 | -€5,064 | -€2,838 | €9,201 | €10,836 | ▲ 17.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €703,183 | €668,634 | €628,265 | €539,654 | €494,297 | ▼ 8.4% |
| Fixed assets21/28 | €561,579 | €521,261 | €480,943 | €451,266 | €423,658 | ▼ 6.1% |
| Tangible fixed assets22/27 | €561,579 | €521,261 | €480,943 | €451,266 | €423,658 | ▼ 6.1% |
| Land and buildings22 | €561,579 | €521,261 | €480,943 | €451,266 | €423,658 | ▼ 6.1% |
| Current assets29/58 | €141,604 | €147,373 | €147,322 | €88,388 | €70,639 | ▼ 20.1% |
| Amounts receivable within one year40/41 | €67,370 | €57,443 | €57,656 | €58,076 | €58,267 | ▲ 0.3% |
| Trade receivables40 | €10,952 | - | - | - | - | - |
| Other amounts receivable41 | €56,418 | €57,443 | €57,656 | €58,076 | €58,267 | ▲ 0.3% |
| Cash at bank and in hand54/58 | €74,234 | €89,930 | €89,665 | €30,312 | €12,372 | ▼ 59.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €703,183 | €668,634 | €628,265 | €539,654 | €494,297 | ▼ 8.4% |
| Equity10/15 | -€63,701 | -€68,765 | -€71,603 | -€62,402 | -€51,567 | ▲ 17.4% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Outside capital11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Other1109/19 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€83,701 | -€88,765 | -€91,603 | -€82,402 | -€71,567 | ▲ 13.1% |
| Amounts payable17/49 | €766,884 | €737,399 | €699,868 | €602,056 | €545,864 | ▼ 9.3% |
| Amounts payable after more than one year17 | €736,435 | €707,555 | €668,162 | €571,114 | €514,658 | ▼ 9.9% |
| Financial debts170/4 | €736,435 | €707,555 | €668,162 | €571,114 | €514,658 | ▼ 9.9% |
| Amounts payable within one year42/48 | €30,450 | €29,845 | €31,706 | €30,555 | €31,207 | ▲ 2.1% |
| Current portion of amounts payable after more than one year42 | €28,376 | €28,880 | €29,393 | €29,915 | €30,447 | ▲ 1.8% |
| Trade debts44 | €1,418 | €309 | €1,657 | - | €120 | - |
| Suppliers440/4 | €1,418 | €309 | €1,657 | - | €120 | - |
| Other amounts payable47/48 | €656 | €656 | €656 | €640 | €640 | = |
| Accrued charges and deferred income492/3 | - | - | - | €387 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,002 | -€5,064 | -€2,838 | €9,201 | €10,836 | ▲ 17.8% |
| + Depreciation and write-downs630 | €38,577 | €40,318 | €40,318 | €29,677 | €27,608 | ▼ 7.0% |
| Operating cash flow (approximation) | €28,574 | €35,254 | €37,480 | €38,878 | €38,443 | ▼ 1.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €15,696 | -€265 | -€59,353 | -€17,940 | ▲ 69.8% |
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
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
31-12
Financial
Highest result since 2019net €10,836 ▲17.8%
Operating result €19,999, net result €10,836, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €9,201
Net result €9,201 after 5 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet -€38,886
Net result drops to -€38,886, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 72current ratio 2.85
Current ratio from 0.04 to 2.85; short-term debt falls from €72,162 to €58,609.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 34 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Silly
Ground area
2,454 m²
Building footprint
143 m²
Volume, LiDAR
1,090 m³
Parcel 55001A0249/00V000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55001A0249/00V000 | Wallonia | 2,453 m² | 1 · 143 m² | 9.6 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0721657729
Also
9925:BE0721657729
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.