Equity
€133,124 ▲ 11.2%
GAZEUSE has made a profit without a break since 2019.
GAZEUSE
Lifetime
12 annual accounts with figures on one time axispeak €154,646 (2023)
€141,912▼ 3.6%
lowest -€28,117 (2018)
€13,412▼ 39.5%
peak €133,124 (2025)
€133,124▲ 11.2%
€132,079▼ 8.3%
peak 1.9 FTE (2019)
-not published
Board2 names since 2021
2 directorsPRIEM Veronique and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Result from €22,152 to €13,412Cash from €7,393 to €4,860
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 44% of micro companies in advertising and market research (NACE 73)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.3%▼ -0.1 percentage points vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 1.6%▲ +0.4 percentage points vs 07-2025
09-2025: 1.8%▲ +0.2 percentage points vs 08-2025
10-2025: 2.5%▲ +0.7 percentage points vs 09-2025highest value
11-2025: 0.9%▼ -1.6 percentage points vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.8%▼ -0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.4 percentage points vs 07-2026
09-2026: 0.7%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 28 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.55, cash €4,860
lowers risk
Founded in 2013
Sector: Advertising, market research and public relations activities (NACE 73)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 49% of them on solvency, 18% on liquidity, 47% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as GAZEUSE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of GAZEUSE itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for GAZEUSE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.55 (1.28 in 2024), above the usual 1.5. Short-term debt is 40.1% and cash 1.8% of total assets. 49.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
61 days late
2023
69 days late
2022
59 days late
2021
59 days late
2020
59 days late
2019
88 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 60 days after the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0539858943
Changes of role: STOCKMAN Antoon (statutory director) and PRIEM Veronique (director)
Director discharge: STOCKMAN Antoon · Director discharge: PRIEM Veronique · General meeting of 31-05-2023 · Gazette deed
Incorporation
published on 11-10-2013 · Gazette deed
First establishment
Graaf de Limburg Stirumlaan 14, Roeselare
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GAZEUSE Roeselare | €265,203 | €141,912 | 50.2% | - |
| smart-boost Ypres | €266,943 | €157,130 | 63.1% | - |
| HEIGHT SOLUTIONS Boechout | €261,738 | €119,470 | 39.5% | - |
| CHOPIER Aalter | €286,323 | €150,977 | 89.1% | - |
| MANOR CORAX Antwerp | €242,634 | €116,441 | 57.1% | - |
| THE BOAT CORP Brussels | €248,929 | €178,346 | -54.3% | - |
| Phoenix JMT Braine-le-Château | €280,900 | €106,615 | 71.6% | - |
These companies have the same main activity as GAZEUSE: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €243,000 and €286,000, founded between 2013 and 2015.
Official details
Source: KBO- Status
- Active since 01-10-2013Normal situation
- Activity
- Advertising agenciesNACE 73110and 4 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.222.862.1938800 Roeselare, since 01-10-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 08-10-2024
Insights on GAZEUSE
GAZEUSE files the micro format. That format states no turnover. The gross margin rose from €90,325 in 2014 to €141,912 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GAZEUSE
- What is the company number of GAZEUSE?
- The company number of GAZEUSE is 0539.858.943. The VAT number is the same number with BE in front: BE 0539.858.943.
- Where is GAZEUSE based?
- The registered office is at Graaf de Limburg Stirumlaan 14, 8800 Roeselare.Company details
- What does GAZEUSE do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of GAZEUSE?
- GAZEUSE is a private limited company (BV).
- When was GAZEUSE founded?
- GAZEUSE was founded on 01-10-2013.
- Is GAZEUSE still active?
- Yes, GAZEUSE is an active enterprise in the KBO register.
- How many employees does GAZEUSE have?
- GAZEUSE had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GAZEUSE fall under?
- In its 2024 annual accounts, GAZEUSE states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of GAZEUSE?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €141,912 and 38 comparable companies (NACE 73). It probably lies between €200,000 and €520,000.
- Is GAZEUSE profitable?
- In financial year 2025, GAZEUSE made a profit of €13,412.
- Where can I find the annual accounts of GAZEUSE?
- GAZEUSE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GAZEUSE due?
- GAZEUSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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