GASTRO
ActiveSummary
The computed 12-month bankruptcy probability of GASTRO is 3.3% (moderate). The 2025 annual accounts show equity of €23k and a net result of €7k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 36% of 13417 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+3
Solvency38▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.19 in 2024; short-term debt: 69.9% of total assets), and 86.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
13.5%
Return on assets
4.4%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 d early
2024
59 d late
2023
2 d early
2022
23 d late
2021
30 d late
2020
4 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 48.6%
2024 · €15k
2020: €-2klowest in 6 years
2021: €5k▲ +321% vs 2020
2022: €29k▲ +477% vs 2021highest in 6 years
2023: €12k▼ -60.1% vs 2022
2024: €15k▲ +32.2% vs 2023
2025: €23k▲ +48.6% vs 2024
2020 → 2025
Total assets
€169k▼ 2.9%
2024 · €174k
2020: €25klowest in 6 years
2021: €84k▲ +236% vs 2020
2022: €125k▲ +48.2% vs 2021
2023: €177k▲ +41.9% vs 2022highest in 6 years
2024: €174k▼ -1.7% vs 2023
2025: €169k▼ -2.9% vs 2024
2020 → 2025
Net result
€7k▲ 99.4%
2024 · €4k
2020: €-7k
2021: €7k▲ +200% vs 2020
2022: €24k▲ +229% vs 2021highest in 6 years
2023: €-17k▼ -173% vs 2022lowest in 6 years
2024: €4k▲ +121% vs 2023
2025: €7k▲ +99.4% vs 2024
2020 → 2025
Working capital
€-103k▼ 2.8%
2024 · €-100k
2020: €-18khighest in 6 years
2021: €-64k▼ -261% vs 2020
2022: €-76k▼ -18.6% vs 2021
2023: €-117k▼ -55.0% vs 2022lowest in 6 years
2024: €-100k▲ +15.0% vs 2023
2025: €-103k▼ -2.8% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€29k▲ 477%€12k▼ 60.1%€15k▲ 32.2%€23k▲ 48.6%
2021: €5klowest in 5 years
2022: €29k▲ +477% vs 2021highest in 5 years
2023: €12k▼ -60.1% vs 2022
2024: €15k▲ +32.2% vs 2023
2025: €23k▲ +48.6% vs 2024
Operating result€8k-€35k▲ 343%€-15k€7k€11k▲ 55.3%
2021: €8k
2022: €35k▲ +343% vs 2021highest in 5 years
2023: €-15k▼ -143% vs 2022lowest in 5 years
2024: €7k▲ +148% vs 2023
2025: €11k▲ +55.3% vs 2024
Net result€7k-€24k▲ 229%€-17k€4k€7k▲ 99.4%
2021: €7k
2022: €24k▲ +229% vs 2021highest in 5 years
2023: €-17k▼ -173% vs 2022lowest in 5 years
2024: €4k▲ +121% vs 2023
2025: €7k▲ +99.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 55% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€153k ▲ 1.7%
Current assets
€15k ▼ 33.2%
Equity and liabilities €169k
Equity
€23k ▲ 48.6%
Debt
€146k ▼ 7.9%
Debt's share of the balance-sheet total falls from 91.2% to 86.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €32k
Cash flow
€33k▲
2024 · €28k
Current ratio
0.13▼
2024 · 0.19
Quick ratio
0.06▼
2024 · 0.10
Debt to equity
6.41▼
2024 · 10.34
ROE
32.7%▲
2024 · 24.4%
ROA
4.4%▲
2024 · 2.2%
Interest coverage
10.29▲
2024 · 9.56
Debt ≤ 1 year
€118k▼
2024 · €123k
Debt > 1 year
€12k▼
2024 · €20k
Income taxes
€211▲
2024 · €203
Staff costs
€47k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€174k€169k▼
Fixed assets21/28€151k€153k▲
Tangible fixed assets22/27€151k€153k▲
Plant, machinery and equipment23€79k€69k▼
Furniture and vehicles24€8k€5k▼
Other tangible fixed assets26€64k€80k▲
Current assets29/58€23k€15k▼
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€8k€3k▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€917€202▼
Equity and liabilities
Total equity and liabilities10/49€174k€169k▼
Equity10/15€15k€23k▲
Contributions10/11€5k€5k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-10k€-2k▲
Amounts payable17/49€158k€146k▼
Amounts payable after more than one year17€20k€12k▼
Financial debts170/4€20k€12k▼
Amounts payable within one year42/48€123k€118k▼
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43-€5k
Other loans439-€5k
Trade debts44€31k€34k▲
Suppliers440/4€31k€34k▲
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€28k€12k▼
Taxes450/3€7k-
Remuneration and social security454/9€21k€12k▼
Other amounts payable47/48€52k€59k▲
Accrued charges and deferred income492/3€16k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€44k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€77k€87k▲
Operating profit (loss)9901€7k€11k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€4k€8k▲
Income taxes67/77€203€211▲
Profit (loss) for the period9904€4k€7k▲
Profit (loss) for the period to be appropriated9905€4k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-2k▲
Profit (loss) brought forward from the previous period14P€-13k€-10k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €9k | €44k | €47k | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €11k | €19k | €25k | €26k | ▲ 6.0% |
| Other operating charges640/8 | €568 | €919 | €1k | €1k | €2k | ▲ 117% |
| Gross operating margin9900 | €14k | €47k | €13k | €77k | €87k | ▲ 12.9% |
| Operating profit (loss)9901 | €8k | €35k | €-15k | €7k | €11k | ▲ 55.3% |
| Financial income75/76B | €0 | €0 | €42 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €42 | €0 | - | - |
| Financial charges65/66B | €439 | €964 | €2k | €3k | €4k | ▲ 8.9% |
| Recurring financial charges65 | €439 | €964 | €2k | €3k | €4k | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €8k | €34k | €-17k | €4k | €8k | ▲ 94.5% |
| Income taxes67/77 | €208 | €10k | €260 | €203 | €211 | ▲ 3.9% |
| Profit (loss) for the period9904 | €7k | €24k | €-17k | €4k | €7k | ▲ 99.4% |
| Profit (loss) for the period to be appropriated9905 | €7k | €24k | €-17k | €4k | €7k | ▲ 99.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84k | €125k | €177k | €174k | €169k | ▼ 2.9% |
| Fixed assets21/28 | €76k | €107k | €162k | €151k | €153k | ▲ 1.7% |
| Tangible fixed assets22/27 | €76k | €107k | €162k | €151k | €153k | ▲ 1.7% |
| Plant, machinery and equipment23 | €21k | €21k | €78k | €79k | €69k | ▼ 13.1% |
| Furniture and vehicles24 | €11k | €14k | €12k | €8k | €5k | ▼ 38.8% |
| Other tangible fixed assets26 | €44k | €72k | €72k | €64k | €80k | ▲ 25.3% |
| Current assets29/58 | €9k | €18k | €15k | €23k | €15k | ▼ 33.2% |
| Stocks and contracts in progress3 | €1k | €3k | €10k | €11k | €8k | ▼ 27.3% |
| Stocks30/36 | €1k | €3k | €10k | €11k | €8k | ▼ 27.3% |
| Amounts receivable within one year40/41 | €7k | €13k | €275 | €8k | €7k | ▼ 12.4% |
| Trade receivables40 | €6k | €13k | - | €8k | €3k | ▼ 64.1% |
| Other amounts receivable41 | €500 | €500 | €275 | - | €4k | - |
| Cash at bank and in hand54/58 | €1k | €2k | €5k | €3k | - | - |
| Deferred charges and accrued income490/1 | - | - | €20 | €917 | €202 | ▼ 78.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84k | €125k | €177k | €174k | €169k | ▼ 2.9% |
| Equity10/15 | €5k | €29k | €12k | €15k | €23k | ▲ 48.6% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | - | €20k | €20k | €20k | €20k | = |
| Distributable reserves133 | - | €20k | €20k | €20k | €20k | = |
| Profit (loss) carried forward14 | €26 | €4k | €-13k | €-10k | €-2k | ▲ 77.1% |
| Amounts payable17/49 | €79k | €96k | €165k | €158k | €146k | ▼ 7.9% |
| Amounts payable after more than one year17 | €5k | €2k | €27k | €20k | €12k | ▼ 38.8% |
| Financial debts170/4 | €5k | €2k | €27k | €20k | €12k | ▼ 38.8% |
| Amounts payable within one year42/48 | €72k | €94k | €133k | €123k | €118k | ▼ 3.9% |
| Current portion of amounts payable after more than one year42 | €4k | €4k | €9k | €7k | €8k | ▲ 4.2% |
| Financial debts43 | - | - | - | - | €5k | - |
| Other loans439 | - | - | - | - | €5k | - |
| Trade debts44 | €3k | €15k | €39k | €31k | €34k | ▲ 11.4% |
| Suppliers440/4 | €3k | €15k | €39k | €31k | €34k | ▲ 11.4% |
| Advances received on contracts in progress46 | - | - | €2k | €4k | - | - |
| Taxes, remuneration and social security45 | €19k | €21k | €27k | €28k | €12k | ▼ 57.5% |
| Taxes450/3 | €5k | €14k | €13k | €7k | - | - |
| Remuneration and social security454/9 | €15k | €7k | €14k | €21k | €12k | ▼ 42.6% |
| Other amounts payable47/48 | €47k | €54k | €56k | €52k | €59k | ▲ 12.9% |
| Accrued charges and deferred income492/3 | €1k | €457 | €5k | €16k | €16k | ▲ 0.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €24k | €-17k | €4k | €7k | ▲ 99.4% |
| + Depreciation and write-downs630 | €5k | €11k | €19k | €25k | €26k | ▲ 6.0% |
| Operating cash flow (approximation) | €13k | €35k | €1k | €28k | €33k | ▲ 18.3% |
| Investment in fixed assets (approximation) | - | €-42k | €-73k | €-14k | €-29k | ▼ 110% |
| Change in cash | - | €1k | €3k | €-2k | - | - |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Highest result since 2020net €24k ▲229%
Operating result €35k, net result €24k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Ninove · 1 establishment unit since 2020
Ground area
1,533 m²
Building footprint
97 m²
Volume, LiDAR
751 m³
Parcel 41012B0640/00R002, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GASTRO
since 20202.301.438.826
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012B0640/00R002 | Flanders | 1,533 m² | 1 · 97 m² | 10.9 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.301.438.826
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Of 7,502 companies in sector 56210 we hold annual accounts for 2,446. 1,867 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
Founded15-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
47210Retail sale of fruit and vegetables
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
Contact
E-mail
stevengroeninck@hotmail.comNinove
Phone
+32477703231Ninove
Scores and ratios are computed by Checked and are not a credit decision.