Gent-Privilege
ActiveSummary
Gent-Privilege has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €236,045. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-7
Solvency83▼-17
Growth68=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 2.61 in 2024; short-term debt: 42% and cash: 13.5% of total assets), and 42.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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
57.9%
Return on assets
9.8%
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
62 d early
2023
70 d early
2022
81 d early
2021
89 d early
2020
59 d early
2019
58 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 69 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 23 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€442,625▲ 4.9%
2021 · €422,027
EBIT margin
67.1%▼ 1.2pp
2021 · 68.4%
Net result
€236,045▲ 1.7%
2024 · €232,102
Working capital
€365,594▲ 28.3%
2024 · €284,954
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€422,027€442,625▲ 4.9%
Operating result€288,566▲ 2.5%€297,184▲ 3.0%€344,138▲ 15.8%€335,087▼ 2.6%€262,266▼ 21.7%
Net result€203,758above the sector's middle half▼ 60.6%€210,995above the sector's middle half▲ 3.6%€245,943above the sector's middle half▲ 16.6%€232,102above the sector's middle half▼ 5.6%€236,045above the sector's middle half▲ 1.7%
EBIT margin68.4%67.1%▼ 1.2pp
Equity€466,524within the sector's middle half▲ 77.5%€677,519within the sector's middle half▲ 45.2%€923,463within the sector's middle half▲ 36.3%€1.2mwithin the sector's middle half▲ 25.1%€1.4mabove the sector's middle half▲ 20.4%
Total assets€1.1mwithin the sector's middle half▼ 33.7%€1.0mwithin the sector's middle half▼ 7.1%€1.1mwithin the sector's middle half▲ 13.2%€1.5mwithin the sector's middle half▲ 29.6%€2.4mabove the sector's middle half▲ 63.3%
Debt€614,274▼ 55.1%€326,126▼ 46.9%€212,932▼ 34.7%€317,085▲ 48.9%€1.0m▲ 219%
Working capital-€68,295within the sector's middle half▲ 73.1%-€45,232within the sector's middle half▲ 33.8%€149,889within the sector's middle half€284,954within the sector's middle half▲ 90.1%€365,594above the sector's middle half▲ 28.3%
Solvency43.2%within the sector's middle half▲ 27.1pp67.5%above the sector's middle half▲ 24.3pp81.3%above the sector's middle half▲ 13.8pp78.5%above the sector's middle half▼ 2.8pp57.9%within the sector's middle half▼ 20.6pp
Current ratio0.66within the sector's middle half▼ 0.030.67within the sector's middle half=2.14within the sector's middle half▲ 1.482.61within the sector's middle half▲ 0.471.36within the sector's middle half▼ 1.25
Return on assets (ROA)18.9%above the sector's middle half▼ 12.9pp21.0%above the sector's middle half▲ 2.2pp21.6%above the sector's middle half▲ 0.6pp15.8%above the sector's middle half▼ 5.9pp9.8%above the sector's middle half▼ 5.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets
€1.0m ▲ 2.0%
Current assets
€1.4m ▲ 198%
Equity and liabilities €2.4m
Equity
€1.4m ▲ 20.4%
Debt
€1.0m ▲ 219%
Debt's share of the balance-sheet total rises from 21.5% to 42.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€360,904▼
2024 · €432,890
Cash flow
€334,682▲
2024 · €329,906
Debt to equity
0.73▲
2024 · 0.27
ROE
17.0%▼
2024 · 20.1%
Interest coverage
30.13▲
2024 · 19.41
Debt ≤ 1 year
€1.0m▲
2024 · €177,069
Income taxes
€73,234▼
2024 · €82,815
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €422,027 | €442,625 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €24,969 | €44,883 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €100,009 | €98,651 | €96,961 | €97,804 | €98,637 | ▲ 0.9% |
| Other operating charges640/8 | €5,659 | €1,102 | €6,699 | €25,614 | €1,310 | ▼ 94.9% |
| Non-recurring operating charges66A | €2,824 | €806 | - | - | - | - |
| Gross operating margin9900 | €397,058 | €397,743 | €447,798 | €458,504 | €362,213 | ▼ 21.0% |
| Operating profit (loss)9901 | €288,566 | €297,184 | €344,138 | €335,087 | €262,266 | ▼ 21.7% |
| Financial income75/76B | - | €1,304 | €1,079 | €2,132 | €58,991 | ▲ 2,667% |
| Recurring financial income75 | - | €1,304 | €1,079 | €2,132 | €58,991 | ▲ 2,667% |
| Financial charges65/66B | €22,614 | €15,939 | €11,005 | €22,301 | €11,978 | ▼ 46.3% |
| Recurring financial charges65 | €22,614 | €15,939 | €11,005 | €22,301 | €11,978 | ▼ 46.3% |
| Profit (loss) for the period before taxes9903 | €265,952 | €282,549 | €334,212 | €314,917 | €309,279 | ▼ 1.8% |
| Income taxes67/77 | €62,194 | €71,554 | €88,269 | €82,815 | €73,234 | ▼ 11.6% |
| Profit (loss) for the period9904 | €203,758 | €210,995 | €245,943 | €232,102 | €236,045 | ▲ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €203,758 | €210,995 | €245,943 | €232,102 | €236,045 | ▲ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.0m | €1.1m | €1.5m | €2.4m | ▲ 63.3% |
| Formation expenses20 | - | - | - | €7,538 | €5,862 | ▼ 22.2% |
| Fixed assets21/28 | €947,063 | €913,412 | €855,510 | €1.0m | €1.0m | ▲ 2.0% |
| Tangible fixed assets22/27 | €947,063 | €848,412 | €790,510 | €839,976 | €1.0m | ▲ 21.8% |
| Land and buildings22 | €947,063 | €848,412 | €751,451 | €654,490 | €557,529 | ▼ 14.8% |
| Assets under construction and advance payments27 | - | - | €39,059 | €185,486 | €465,260 | ▲ 151% |
| Financial fixed assets28 | - | €65,000 | €65,000 | €163,112 | - | - |
| Current assets29/58 | €133,735 | €90,233 | €280,885 | €462,023 | €1.4m | ▲ 198% |
| Amounts receivable within one year40/41 | €22,121 | - | €202,459 | €415,671 | €1.0m | ▲ 152% |
| Trade receivables40 | €19,315 | - | €639 | €152,252 | €24,079 | ▼ 84.2% |
| Other amounts receivable41 | €2,806 | - | €201,820 | €263,419 | €1.0m | ▲ 289% |
| Cash at bank and in hand54/58 | €111,614 | €89,701 | €78,426 | €44,011 | €325,516 | ▲ 640% |
| Deferred charges and accrued income490/1 | - | €532 | - | €2,341 | €1,380 | ▼ 41.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.1m | €1.5m | €2.4m | ▲ 63.3% |
| Equity10/15 | €466,524 | €677,519 | €923,463 | €1.2m | €1.4m | ▲ 20.4% |
| Contributions10/11 | €229,301 | €229,301 | €229,302 | €229,302 | €229,302 | = |
| Capital10 | €229,301 | €229,301 | €229,302 | €229,302 | €229,302 | = |
| Issued capital100 | €278,880 | €278,880 | €278,880 | €278,880 | €278,880 | = |
| Uncalled capital101 | €49,579 | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Reserves13 | €27,888 | €27,888 | €694,162 | €926,264 | €1.2m | ▲ 25.5% |
| Non-distributable reserves130/1 | €27,888 | €27,888 | €27,888 | €27,888 | €27,888 | = |
| Legal reserve130 | €27,888 | €27,888 | €27,888 | €27,888 | €27,888 | = |
| Distributable reserves133 | - | - | €666,274 | €898,376 | €1.1m | ▲ 26.3% |
| Profit (loss) carried forward14 | €209,335 | €420,330 | - | - | - | - |
| Amounts payable17/49 | €614,274 | €326,126 | €212,932 | €317,085 | €1.0m | ▲ 219% |
| Amounts payable after more than one year17 | €303,167 | €189,583 | €81,250 | - | - | - |
| Financial debts170/4 | €303,167 | €189,583 | €81,250 | - | - | - |
| Amounts payable within one year42/48 | €202,030 | €135,465 | €130,996 | €177,069 | €1.0m | ▲ 471% |
| Current portion of amounts payable after more than one year42 | €129,333 | €113,583 | €108,333 | €81,250 | - | - |
| Financial debts43 | - | - | - | - | €750,000 | - |
| Credit institutions430/8 | - | - | - | - | €750,000 | - |
| Trade debts44 | €2,670 | €10,509 | €4,016 | €33,216 | €177,232 | ▲ 434% |
| Suppliers440/4 | €2,670 | €10,509 | €4,016 | €33,216 | €177,232 | ▲ 434% |
| Taxes, remuneration and social security45 | €65,479 | €6,585 | €13,859 | €57,815 | €78,361 | ▲ 35.5% |
| Taxes450/3 | €65,479 | €6,585 | €13,859 | €57,815 | €78,361 | ▲ 35.5% |
| Other amounts payable47/48 | €4,548 | €4,788 | €4,788 | €4,788 | €4,788 | = |
| Accrued charges and deferred income492/3 | €109,077 | €1,078 | €686 | €140,016 | €2,634 | ▼ 98.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €203,758 | €210,995 | €245,943 | €232,102 | €236,045 | ▲ 1.7% |
| + Depreciation and write-downs630 | €100,009 | €98,651 | €96,961 | €97,804 | €98,637 | ▲ 0.9% |
| Operating cash flow (approximation) | €303,767 | €309,646 | €342,904 | €329,906 | €334,682 | ▲ 1.4% |
| Investment in fixed assets (approximation) | - | -€65,000 | -€39,059 | -€245,383 | -€118,337 | ▲ 51.8% |
| Change in cash | - | -€21,913 | -€11,275 | -€34,415 | €281,506 | ▲ 918% |
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
15-06
State Gazette act
MiscellaneousPower of attorney3 facts ▸
State Gazette act
Miscellaneous
Power of attorney3 facts ▸
- Board meeting, 21-05-2026
- Power of attorney, Elome Consult BV
- Power of attorney, Olivier Vanoost
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1mEq €1.2m ▲25.1%
7 profitable years in a row build equity to €1.2m.
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 2.14
Current ratio from 0.67 to 2.14; short-term debt falls from €135,465 to €130,996.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €677,519 ▲45.2%
5 profitable years in a row build equity to €677,519.
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €517,449 ▲337%
Net result €517,449, the highest in the series.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Equity above €200,000Eq €245,317 ▲93.3%
2 profitable years in a row build equity to €245,317.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1993
Ground area
7,740 m²
Building footprint
3,094 m²
Parcel 44808H0364/00L004, Flanders. Linked by address, not a title deed.
39
companies at this address
See who is registered here
1 establishment unit
GENT PRIVILEGE
since 19932.064.732.991
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0364/00L004 | Flanders | 7,740 m² | 1 · 3,094 m² | - |
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.
Structure & network
Part of the group
Triginta
21 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- Triginta
- TRIGINTA FINANCE
- Triginta Investments
- Gent-Privilege
Highest known parent: Triginta. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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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Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. 4,644 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded21-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436462386
Also
9925:BE0436462386
Registered
10-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.