GBLA ENGINEERING
Judicial reorganisationSummary
The file of GBLA ENGINEERING contains 1 judicial reorganisation, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of GBLA ENGINEERING as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€59,367) and a net result of -€69,977. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 8% of 121 sector peers (NACE 61, financial year 2025).
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467961.
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result turns negative in 2025: a loss of €69,867 after €987 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 61, Telecommunications: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2025 Turnover +4,400% on 2024. The accounts now follow the abbreviated format, last year the micro format.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €2,728 | €122,759 | ▲ 45× |
| Non-recurring operating income76A | - | - | - | - | €118 | €2,287 | ▲ 19× |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €1,755 | €52,151 | ▲ 30× |
| Remuneration, social security and pensions62 | - | - | - | - | - | €140,081 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €396 | €250 | €250 | €250 | €104 | - | - |
| Other operating charges640/8 | - | €175 | €57 | €64 | - | €2,681 | - |
| Gross operating margin9900 | €13,359 | €1,090 | -€3,774 | €573 | €1,091 | €72,894 | ▲ 67× |
| Operating profit (loss)9901 | €12,963 | €665 | -€4,081 | €260 | €987 | -€69,867 | - |
| Financial income75/76B | - | €0 | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | €186 | €215 | €207 | €50 | €111 | ▲ 121% |
| Recurring financial charges65 | €84 | €186 | €215 | €207 | €50 | €111 | ▲ 121% |
| Profit (loss) for the period before taxes9903 | €12,879 | €478 | -€4,296 | €53 | €937 | -€69,977 | - |
| Income taxes67/77 | €4,264 | €69 | €108 | - | - | - | - |
| Profit (loss) for the period9904 | €8,616 | €409 | -€4,404 | €53 | €937 | -€69,977 | - |
| Profit (loss) for the period to be appropriated9905 | €8,616 | €409 | -€4,404 | €53 | €937 | -€69,977 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €20,643 | €14,116 | €9,851 | €15,347 | €10,839 | €24,268 | ▲ 124% |
| Formation expenses20 | €854 | €604 | €354 | €104 | - | - | - |
| Current assets29/58 | €19,788 | €13,512 | €9,497 | €15,242 | €10,839 | €24,268 | ▲ 124% |
| Amounts receivable within one year40/41 | €7,211 | €6,685 | €6,199 | - | €10,787 | €24,214 | ▲ 124% |
| Trade receivables40 | - | - | - | - | - | €23,755 | - |
| Other amounts receivable41 | - | €6,685 | €6,199 | - | €10,787 | €459 | ▼ 95.7% |
| Cash at bank and in hand54/58 | €12,578 | €6,781 | €3,250 | €15,195 | €4 | €53 | ▲ 14× |
| Deferred charges and accrued income490/1 | - | €46 | €48 | €48 | €48 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €20,643 | €14,116 | €9,851 | €15,347 | €10,839 | €24,268 | ▲ 124% |
| Equity10/15 | €13,616 | €14,025 | €9,621 | €9,674 | €10,610 | -€59,367 | - |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | - | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Issued capital100 | - | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €8,500 | €8,500 | €8,500 | €8,500 | €8,500 | €8,500 | = |
| Non-distributable reserves130/1 | - | €500 | €500 | €500 | €500 | - | - |
| Legal reserve130 | - | €500 | €500 | €500 | €500 | - | - |
| Distributable reserves133 | - | €8,000 | €8,000 | €8,000 | €8,000 | €8,500 | ▲ 6.3% |
| Profit (loss) carried forward14 | €116 | €525 | -€3,879 | -€3,826 | -€2,890 | -€72,867 | ▼ 2,422% |
| Amounts payable17/49 | €7,027 | €91 | €230 | €5,673 | €228 | €83,635 | ▲ 366× |
| Amounts payable within one year42/48 | €7,027 | €91 | €230 | €5,673 | €228 | €83,635 | ▲ 366× |
| Financial debts43 | - | - | - | - | - | €9 | - |
| Credit institutions430/8 | - | - | - | - | - | €9 | - |
| Trade debts44 | €1,263 | €91 | €230 | €3,054 | - | €35,021 | - |
| Suppliers440/4 | - | €91 | €230 | €3,054 | - | €35,021 | - |
| Taxes, remuneration and social security45 | - | - | - | €1,500 | €228 | €48,604 | ▲ 213× |
| Taxes450/3 | - | - | - | - | €228 | - | - |
| Remuneration and social security454/9 | - | - | - | €1,500 | - | €48,604 | - |
| Other amounts payable47/48 | - | - | - | €1,119 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,616 | €409 | -€4,404 | €53 | €937 | -€69,977 | - |
| + Depreciation and write-downs630 | €396 | €250 | €250 | €250 | €104 | - | - |
| Operating cash flow (approximation) | €9,012 | €659 | -€4,154 | €303 | €1,041 | -€69,977 | - |
| Change in cash | - | -€5,797 | -€3,531 | €11,945 | -€15,191 | €50 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00467961 |
| 31-12-2024 | micro format | 14-12-2025 | 2025-00586724 |
| 31-12-2023 | micro format | 10-02-2024 | 2024-00029743 |
| 31-12-2022 | micro format | 19-07-2023 | 2023-00249342 |
| 31-12-2021 | micro format | 14-06-2022 | 2022-20067350 |
| 31-12-2020 | micro format | 23-09-2021 | 2021-68600124 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.