Gasthuis58
ActiveGasthuis58 has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €21k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 19351 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+59
Solvency39▼-15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.45 against 1.83 in 2023; short-term debt: 34.8% and cash: 11.4% of total assets), and 85.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← 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
14.1%
Return on assets
3.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
28 d early
2022
5 d early
2021
61 d early
2020
61 d early
2019
63 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€85k▲ 32.8%
2023 · €64k
2018: €28k
2019: €44k
2020: €67k
2021: €69k
2022: €73k
2023: €64k
2018 → 2024
Total assets
€601k▲ 170%
2023 · €223k
2018: €168k
2019: €171k
2020: €177k
2021: €172k
2022: €169k
2023: €223k
2018 → 2024
Net result
€21k
2023 · €-9k
2018: €5k
2019: €24k
2020: €25k
2021: €2k
2022: €6k
2023: €-9k
2018 → 2024
Working capital
€-114k
2023 · €79k
2018: €115k
2019: €124k
2020: €146k
2021: €146k
2022: €143k
2023: €79k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€69k▲ 3.2%€73k▲ 5.5%€64k▼ 11.9%€85k▲ 32.8%
Operating result€30k-€8k▼ 73.1%€11k▲ 39.8%€-8k€25k
Net result€25k-€2k▼ 91.7%€6k▲ 173%€-9k€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €601k
Fixed assets
€506k▲ 924%
Current assets
€95k▼ 45.3%
Equity and liabilities €601k
Equity
€85k▲ 32.8%
Debt
€516k▲ 224%
The debt ratio rises from 71.3% to 85.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2023 · €-7k
Cash flow
€47k▲
2023 · €-8k
Solvency
14.1%▼
2023 · 28.7%
Current ratio
0.45▼
2023 · 1.83
Quick ratio
0.45▲
2023 · 0.35
Debt / equity
6.07▲
2023 · 2.49
ROE
24.7%▲
2023 · -13.5%
ROA
3.5%▲
2023 · -3.9%
Interest coverage
27.52▲
2023 · -3.47
Debt
€516k▲
2023 · €159k
Debt ≤ 1 year
€209k▲
2023 · €95k
Debt > 1 year
€307k▲
2023 · €64k
Income taxes
€2k▲
2023 · €-884
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€223k€601k▲
Fixed assets21/28€49k€506k▲
Tangible fixed assets22/27€49k€505k▲
Land and buildings22€44k€416k▲
Plant, machinery and equipment23€5k€90k▲
Financial fixed assets28-€900
Current assets29/58€174k€95k▼
Amounts receivable after more than one year29€900-
Other amounts receivable291€900-
Stocks and contracts in progress3€140k-
Stocks30/36€140k-
Amounts receivable within one year40/41€472€26k▲
Trade receivables40€377€26k▲
Other amounts receivable41€95-
Cash at bank and in hand54/58€32k€69k▲
Equity and liabilities
Total equity and liabilities10/49€223k€601k▲
Equity10/15€64k€85k▲
Contributions10/11€19k€19k=
Reserves13€45k€66k▲
Distributable reserves133€45k€66k▲
Amounts payable17/49€159k€516k▲
Amounts payable after more than one year17€64k€307k▲
Financial debts170/4€64k€307k▲
Amounts payable within one year42/48€95k€209k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44-€24k
Suppliers440/4-€24k
Advances received on contracts in progress46-€13k
Taxes, remuneration and social security45€534€6k▲
Taxes450/3€534€6k▲
Other amounts payable47/48€88k€160k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€655€26k▲
Other operating charges640/8€406€2k▲
Gross operating margin9900€-6k€54k▲
Operating profit (loss)9901€-8k€25k▲
Financial income75/76B-€319
Recurring financial income75-€319
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-10k€23k▲
Income taxes67/77€-884€2k▲
Profit (loss) for the period9904€-9k€21k▲
Profit (loss) for the period to be appropriated9905€-9k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€21k▲
Transfer from equity791/2€9k-
Transfer to equity691/2-€21k
To other reserves6921-€21k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-9k ▼250%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €25k ▲6.1%
Net result €25k, the highest in the series.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Meerhout · 1 establishment unit since 2004
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.
Gasthuisstraat 582450 MeerhoutGround area
2,781 m²
Building footprint
324 m²
Volume, LiDAR
2,628 m³
Parcel 13021B0841/00X005, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gasthuis58
since 20042.156.292.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13021B0841/00X005 | Flanders | 2,781 m² | 1 · 324 m² | 12.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMeerhout2.156.292.083
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,381. 5,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2003
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
68110Buying and selling of own real estate
68310Real estate agency activities
68311Real estate activities
70120
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dirk@vandervoortvastgoed.be