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GASS

Active
Private limited companyfounded 200718 yrs activeKlotbroek 15, 3600 Genk, BelgiumKBO/BCE: BE 0894.456.301

GASS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.45M and a net result of €155k. Equity is growing by ~76.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
86 / 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▼-78
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 15.44 against 9.57 in 2024), and 6.2% 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 riskneutral
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
Sector 70
lower
← 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 2025
Solvency, return and age of the figures
Solvency
93.8%
Return on assets
4.2%
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
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 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
95 d early
2024
85 d early
2023
89 d early
2022
27 d early
2021
17 d late
2020
31 d late
2019
17 d late
← 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€3.45M▲ 4.7%
2024 · €3.30M
2018: €85k 2019: €190k 2020: €190k 2021: €431k 2022: €1.03M 2023: €1.10M 2024: €3.30M
2018 → 2025
Total assets
€3.68M▲ 0.6%
2024 · €3.66M
2018: €100k 2019: €221k 2020: €221k 2021: €463k 2022: €1.13M 2023: €1.14M 2024: €3.66M
2018 → 2025
Net result
€155k▼ 93.3%
2024 · €2.33M
2018: €17k 2019: €124k 2020: €20k 2021: €251k 2022: €602k 2023: €96k 2024: €2.33M
2018 → 2025
Working capital
€3.28M▲ 5.6%
2024 · €3.10M
2018: €79k 2019: €185k 2020: €186k 2021: €422k 2022: €1.02M 2023: €1.00M 2024: €3.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€431k-€1.03M▲ 140%€1.10M▲ 6.0%€3.30M▲ 201%€3.45M▲ 4.7%
Operating result€2k-€30k▲ 1,203%€84k▲ 182%€33k▼ 60.8%€114k▲ 245%
Net result€251k-€602k▲ 140%€96k▼ 84.0%€2.33M▲ 2,311%€155k▼ 93.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2021: €2k€2kNet result 2021: €251k€251kOperating result 2022: €30k€30kNet result 2022: €602k€602kOperating result 2023: €84k€84kNet result 2023: €96k€96kOperating result 2024: €33k€33kNet result 2024: €2.33M€2.33MOperating result 2025: €114k€114kNet result 2025: €155k€155k20212022202320242025
The operating result recovers in 2025; 2025 is 245% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.68M
Fixed assets €178k▼ 9.7%
Current assets €3.50M▲ 1.2%
Equity and liabilities €3.68M
Equity €3.45M▲ 4.7%
Debt €228k▼ 37.0%
The debt ratio falls from 9.9% to 6.2%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€133k
2024 · €52k
Cash flow
€174k
2024 · €2.35M
Solvency
93.8%
2024 · 90.1%
Current ratio
15.44
2024 · 9.57
Quick ratio
15.44
2024 · 9.57
Debt / equity
0.07
2024 · 0.11
ROE
4.5%
2024 · 70.5%
ROA
4.2%
2024 · 63.6%
Interest coverage
16.05
2024 · 169.38
Debt
€228k
2024 · €363k
Debt ≤ 1 year
€227k
2024 · €362k
Income taxes
€53k
2024 · €243k
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€3.66M€3.68M
Fixed assets21/28€197k€178k
Tangible fixed assets22/27€70k€51k
Plant, machinery and equipment23€1k€1k
Furniture and vehicles24€69k€50k
Financial fixed assets28€126k€126k=
Current assets29/58€3.46M€3.50M
Amounts receivable after more than one year29€66k-
Other amounts receivable291€66k-
Amounts receivable within one year40/41€4k€22k
Trade receivables40-€14k
Other amounts receivable41€4k€9k
Current investments50/53€947k€3.24M
Cash at bank and in hand54/58€2.44M€234k
Deferred charges and accrued income490/1€6k€10k
Equity and liabilities
Total equity and liabilities10/49€3.66M€3.68M
Equity10/15€3.30M€3.45M
Contributions10/11€3k€3k=
Reserves13€3.30M€3.45M
Distributable reserves133€3.30M€3.45M
Amounts payable17/49€363k€228k
Amounts payable within one year42/48€362k€227k
Trade debts44€8k€3k
Suppliers440/4€8k€3k
Taxes, remuneration and social security45€236k€224k
Taxes450/3€231k€224k
Remuneration and social security454/9€4k-
Other amounts payable47/48€118k-
Accrued charges and deferred income492/3€720€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k
Other operating charges640/8€2k€4k
Gross operating margin9900€54k€137k
Operating profit (loss)9901€33k€114k
Financial income75/76B€2.54M€102k
Recurring financial income75€540k€102k
Non-recurring financial income76B€2.00M-
Financial charges65/66B€308€8k
Recurring financial charges65€308€8k
Profit (loss) for the period before taxes9903€2.57M€208k
Income taxes67/77€243k€53k
Profit (loss) for the period9904€2.33M€155k
Profit (loss) for the period to be appropriated9905€2.33M€155k
Appropriation of the result
Profit (loss) to be appropriated9906€2.33M€155k
Transfer from equity791/2€124k-
Transfer to equity691/2€2.33M€155k
To other reserves6921€2.33M€155k
Profit to be distributed694/7€124k-
Return on contributions (dividend)694€124k-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
07-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €2.33M ▲2311%
Net result €2.33M, the highest in the series.
31-12
Financial Equity above €2MEq €3.30M ▲201%
7 profitable years in a row build equity to €3.30M.
03-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €1MEq €1.03M ▲140%
5 profitable years in a row build equity to €1.03M.
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial Liquidity doublescurrent ratio 14.43
Current ratio from 7.06 to 14.43.
31-12
Financial Equity above €200kEq €431k ▲127%
4 profitable years in a row build equity to €431k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial Equity above €150kEq €190k ▲124%
2 profitable years in a row build equity to €190k.
12-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
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
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, Genk · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Klotbroek 153600 Genk
Ground area
1,350 m²
Building footprint
154 m²
Volume, LiDAR
665 m³
Parcel 71306G0012/00D004, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GASS
Klotbroek 15, 3600 GenkFinancial service activities, except insurance and pension funding
since 20082.168.542.193
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71306G0012/00D004 Flanders 1,350 m² 1 · 154 m² 5.9 m · 1 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.

Similar companies · same sector, comparable size

Of 5,668 companies in sector 70100 we hold annual accounts for 3,479. 1,303 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-12-2007
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.