Summary
GAZONOR BENELUX has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of €2.5m. Equity is growing by ~62.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability99▼-1
Solvency-
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Return on assets
23.7%
Age of the figures
15 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 09
Relative position
BE, all sectors
reference
Mining support service activities (NACE 09)
about 13% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
43 d early
2023
51 d early
2022
1 d early
2021
2 d early
2020
107 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 22 December (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€5.5m▼ 28.2%
2024 · €7.7m
EBIT margin
65.6%▼ 5.1pp
2024 · 70.7%
Net result
€2.5m▼ 33.9%
2024 · €3.8m
Working capital
-€2.2m▼ 95.3%
2024 · -€1.1m
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€7.7m€5.5m▼ 28.2%
Operating result€270,865▲ 204%€5.4m▲ 1,911%€8.8m▲ 61.7%€5.5m▼ 38.0%€3.6m▼ 33.4%
Net result€201,373▲ 455%€4.3m▲ 2,053%€6.4m▲ 48.2%€3.8m▼ 40.9%€2.5m▼ 33.9%
EBIT margin70.7%65.6%▼ 5.1pp
Equity€154,445€330,000▲ 114%€330,000=€674,029▲ 104%
Total assets€6.6m▲ 48.7%€15.7m▲ 139%€19.7m▲ 25.6%€13.2m▼ 33.0%€10.6m▼ 19.6%
Debt€6.2m▲ 47.6%€15.0m▲ 142%€18.8m▲ 25.5%€11.8m▼ 37.4%€9.1m▼ 23.3%
Working capital-€3.5m-€1.7m▲ 50.7%-€1.1m▲ 33.3%-€1.1m▲ 1.1%-€2.2m▼ 95.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.6m
Fixed assets
€8.5m =
Current assets
€2.1m ▼ 55.7%
Key figures and ratios
EBITDA
€4.5m▼
2024 · €6.4m
Cash flow
€3.4m▼
2024 · €4.7m
Current ratio
0.48▼
2024 · 0.80
ROA
23.7%▼
2024 · 28.8%
Interest coverage
17.09▲
2024 · 16.27
Debt ≤ 1 year
€4.3m▼
2024 · €5.8m
Debt > 1 year
€4.7m▼
2024 · €5.9m
Income taxes
€898,324▼
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €7.7m | €5.5m | ▼ 28.2% |
| Non-recurring operating income76A | - | €13,248 | €16,979 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.2m | €860,071 | ▼ 26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €241,182 | €455,693 | €761,939 | €905,201 | €896,148 | ▼ 1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €194,162 | €227,166 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €134,311 | €183,724 | €191,353 | €172,624 | ▼ 9.8% |
| Other operating charges640/8 | - | €1,613 | €10,947 | €1,514 | €3,040 | ▲ 101% |
| Gross operating margin9900 | €458,667 | €6.2m | €10.0m | €6.6m | €4.7m | ▼ 28.2% |
| Operating profit (loss)9901 | €270,865 | €5.4m | €8.8m | €5.5m | €3.6m | ▼ 33.4% |
| Financial income75/76B | - | - | €172,440 | €52,995 | €34,388 | ▼ 35.1% |
| Recurring financial income75 | €10,196 | - | €172,440 | €52,995 | €34,388 | ▼ 35.1% |
| Financial charges65/66B | - | €261,328 | €336,218 | €391,586 | €265,427 | ▼ 32.2% |
| Recurring financial charges65 | €79,688 | €261,328 | €336,218 | €391,586 | €265,427 | ▼ 32.2% |
| Profit (loss) for the period before taxes9903 | €201,373 | €5.2m | €8.6m | €5.1m | €3.4m | ▼ 33.5% |
| Income taxes67/77 | - | €850,322 | €2.2m | €1.3m | €898,324 | ▼ 32.5% |
| Profit (loss) for the period9904 | €201,373 | €4.3m | €6.4m | €3.8m | €2.5m | ▼ 33.9% |
| Profit (loss) for the period to be appropriated9905 | €201,373 | €4.3m | €6.4m | €3.8m | €2.5m | ▼ 33.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.6m | €15.7m | €19.7m | €13.2m | €10.6m | ▼ 19.6% |
| Fixed assets21/28 | €6.4m | €8.3m | €9.3m | €8.5m | €8.5m | = |
| Intangible fixed assets21 | €1.4m | - | - | - | - | - |
| Tangible fixed assets22/27 | €4.4m | €8.0m | €8.9m | €8.0m | €7.3m | ▼ 8.8% |
| Land and buildings22 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Plant, machinery and equipment23 | - | €476,632 | €36,371 | €39,646 | €34,586 | ▼ 12.8% |
| Leasing and similar rights25 | - | €6.9m | €8.8m | €7.9m | €7.0m | ▼ 11.1% |
| Other tangible fixed assets26 | - | €47,436 | - | - | - | - |
| Assets under construction and advance payments27 | - | €433,333 | - | €9,675 | €189,427 | ▲ 1,858% |
| Financial fixed assets28 | €515,000 | €294,556 | €384,223 | €551,000 | €1.3m | ▲ 128% |
| Current assets29/58 | €194,643 | €7.4m | €10.4m | €4.6m | €2.1m | ▼ 55.7% |
| Amounts receivable within one year40/41 | €58,234 | €2.4m | €1.8m | €1.6m | €1.4m | ▼ 12.3% |
| Trade receivables40 | - | €2.4m | €1.8m | €1.3m | €1.1m | ▼ 14.8% |
| Other amounts receivable41 | - | €542 | €109 | €258,201 | €258,446 | ▲ 0.1% |
| Current investments50/53 | - | - | €4.0m | €1.5m | - | - |
| Cash at bank and in hand54/58 | €102,997 | €4.9m | €4.6m | €1.6m | €664,873 | ▼ 57.2% |
| Deferred charges and accrued income490/1 | - | €77,279 | €17,114 | €2,020 | €270 | ▼ 86.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.6m | €15.7m | €19.7m | €13.2m | €10.6m | ▼ 19.6% |
| Equity10/15 | €154,445 | €330,000 | €330,000 | €674,029 | - | - |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Capital10 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Issued capital100 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Non-distributable reserves130/1 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Legal reserve130 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€145,555 | - | - | - | - | - |
| Investment grants15 | - | - | - | €344,029 | €344,029 | = |
| Provisions and deferred taxes16 | €189,514 | €325,416 | €509,140 | €700,494 | €873,117 | ▲ 24.6% |
| Provisions for liabilities and charges160/5 | - | €325,416 | €509,140 | €700,494 | €873,117 | ▲ 24.6% |
| Major repairs and maintenance162 | - | €281,577 | €509,140 | €700,494 | €873,117 | ▲ 24.6% |
| Environmental obligations163 | - | €43,839 | - | - | - | - |
| Amounts payable17/49 | €6.2m | €15.0m | €18.8m | €11.8m | €9.1m | ▼ 23.3% |
| Amounts payable after more than one year17 | €2.5m | €5.9m | €7.1m | €5.9m | €4.7m | ▼ 20.8% |
| Financial debts170/4 | - | €5.9m | €7.1m | €5.9m | €4.7m | ▼ 20.8% |
| Amounts payable within one year42/48 | €3.7m | €9.1m | €11.6m | €5.8m | €4.3m | ▼ 26.2% |
| Current portion of amounts payable after more than one year42 | - | €323,133 | €1.2m | €1.2m | €1.2m | ▲ 0.9% |
| Trade debts44 | €1.6m | €769,084 | €629,698 | €370,967 | €360,541 | ▼ 2.8% |
| Suppliers440/4 | - | €769,084 | €629,698 | €370,967 | €360,541 | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | €1.9m | €491,734 | €383,976 | €158,091 | ▼ 58.8% |
| Taxes450/3 | - | €1.9m | €491,734 | €383,976 | €158,091 | ▼ 58.8% |
| Other amounts payable47/48 | - | €6.1m | €9.3m | €3.8m | €2.5m | ▼ 33.9% |
| Accrued charges and deferred income492/3 | - | €7,064 | €135,498 | €119,791 | €105,142 | ▼ 12.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €201,373 | €4.3m | €6.4m | €3.8m | €2.5m | ▼ 33.9% |
| + Depreciation and write-downs630 | €241,182 | €455,693 | €761,939 | €905,201 | €896,148 | ▼ 1.0% |
| Operating cash flow (approximation) | €442,555 | €4.8m | €7.2m | €4.7m | €3.4m | ▼ 27.5% |
| Investment in fixed assets (approximation) | - | -€2.4m | -€1.7m | -€192,528 | -€899,652 | ▼ 367% |
| Change in cash | - | €4.8m | -€255,540 | -€3.1m | -€888,705 | ▲ 71.1% |
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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Equity above €500,000Eq €674,029 ▲104%
5 profitable years in a row build equity to €674,029.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Highest result since 2019net €6.4m ▲48.2%
Operating result €8.8m, net result €6.4m, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €200,000Eq €330,000 ▲114%
3 profitable years in a row build equity to €330,000.
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Equity above €150,000Eq €154,445
2 profitable years in a row build equity to €154,445.
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 107 days late
2020
30-06
Financial
Back to profitnet €36,297
Net result €36,297 after one loss-making year.
30-06
Financial
Liquidity times 23current ratio 1.85
Current ratio from 0.08 to 1.85; short-term debt falls from €2.3m to €969,226.
Show earlier events
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 247 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
No directors read yet: 0 of 14 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2008
Ground area
6,372 m²
Building footprint
1,557 m²
Volume, LiDAR
31,504 m³
2 parcels, Brussels · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
293
companies at this address
See who is registered here
1 establishment unit
Establishment
since 20082.253.559.230
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 fl. |
| 21522B0623/00L000 | Brussels | 2,442 m² | 1 · 406 m² | 19.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- LFDE International SALUparentSourceown accounts 30-06-2024100%
Holdings 0
The accounts to 30-06-2024 list no holdings, and no other source names one.
According to the annual accounts to 30-06-2024 of GAZONOR BENELUX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Company details
Identification
Legal formPublic limited company
Founded12-09-2008
Fiscal year end30-06
Activities, NACEBEL 2025
09100Mining support service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806370601
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.