GHYKO

Active

Private limited companyfounded 2004active for 22 yearsBaasbergstraat 1, 1750 Lennik, BelgiumKBO/BCE: BE 0866.611.658

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GHYKO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,076 and a net result of -€38,029. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 42% of 465 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

GHYKOActiveChecked score 83/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 02-08-2004 Normal situation
Legal form: Private limited company
Registered office: Baasbergstraat 1, 1750 Lennik
Activity: Manufacture of machinery and equipment not elsewhere classified NACE 28920and 3 others
Establishment unit: 2.155.778.379 1745 Opwijk, since 02-08-2004
Financial year end: 31 December
Peppol: Reachable since 01-09-2025

Company details

Who decides

Board

GHYSELS Koen JeroenDirector

Board & ownership

How it is doing

83 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Annual accounts 2025

Gross margin: €1,486; ▼ 97.0%
Turnover: ≈ €11,000; estimated
Loss: €38,029
Equity: €151,076; ▼ 20.1%
Total assets: €357,282; ▼ 15.3%
Staff: 1 FTE; =

2025 accounts filed 28 days late

Filed on 28-08-2026at the National Bank

Financials

Why 83raises riskLoss of €38,029 (financial year 2025)Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskLiquidity: current ratio 1.96, cash €73,557Founded in 2004Show the evidence

Checked score

Score 2025

83 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 35% of its sector peers (NACE 28, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 67-3

equity 42.3% of total assets

Liquidity 66+5

short-term debt 25.5% · cash 20.6%

Profitability 5-66

return on assets -10.6%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.3 percentage points vs 08-2025highest value 10-2025: 0.5%▼ -1.0 percentage point vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.3 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%▼ -0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €12,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.96, compared with 2.3 in 2024, above the usual 1.5; short-term debt: 25.5% and cash: 20.6% of total assets), but 57.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 28, micro): better than 45% on solvency, 65% on liquidity, 11% on profitability and 18% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.

lowers riskraises risk

Loss of €38,029 (financial year 2025)

NBB · annual accounts

Liquidity: current ratio 1.96, cash €73,557

NBB · annual accounts

Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)

KBO

Founded in 2004

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

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 filings

Deviation from the deadline

2025

28 days late

2024

29 days late

2023

28 days late

2022

60 days late

2021

99 days late

2020

27 days late

2019

27 days late

← 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 43 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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 29 August (4 of the last 5 filed years within 31 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: Among the weakest 5% on net resultsector median €12,508 · 465 companies -€38,029 View

Documents

Key facts about GHYKO

What is the company number of GHYKO?: 0866.611.658. In Belgium the VAT number is the company number with BE in front: BE 0866.611.658.
Where is GHYKO based?: The registered office is at Baasbergstraat 1, 1750 Lennik.Company details
What does GHYKO do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28920).
What is the legal form of GHYKO?: Private limited company (BV).
When was GHYKO founded?: On 02-08-2004.
Is GHYKO still active?: Yes, GHYKO is an active enterprise in the KBO register.
How many employees does GHYKO have?: On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GHYKO?: ≈ €11,000 in financial year 2025. Estimated from the gross margin of €1,486: probably between €5,200 and €27,000, based on 6,331 comparable companies of the same size. A rough estimate.
Is GHYKO profitable?: In financial year 2025, GHYKO made a loss of €38,029.
Where can I find the annual accounts of GHYKO?: GHYKO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GHYKO due?: By 31-07-2027, for financial year 2026.Timeline