GLADSTONE
ActiveSummary
The annual accounts of GLADSTONE for fiscal year 2025 show a net loss of 150% of total assets. The 2025 annual accounts show equity of €2k and a net result of €-8k. Its solvency ranks better than 38% of 3489 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes
Profitability0
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.6; short-term debt: 62.4% and cash: 79.8% of total assets), but 62.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.6%
Return on assets
-150.1%
Age of the figures
15 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 19-12-2025, 43 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€2k
Total assets
€5k
Net result
€-8k
Working capital
€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €5k
Equity
€2k
Debt
€3k
Debt finances 62.4% of the balance-sheet total.
Key figures and ratios
Current ratio
1.60
Debt to equity
1.66
ROE
-398.8%
ROA
-150.1%
Debt ≤ 1 year
€3k
Filed annual accounts As filed with the NBB · 2025 · 23 lines
Balance sheet
Code2025
Assets
Total assets20/58€5k
Current assets29/58€5k
Amounts receivable within one year40/41€1k
Other amounts receivable41€1k
Cash at bank and in hand54/58€4k
Equity and liabilities
Total equity and liabilities10/49€5k
Equity10/15€2k
Contributions10/11€10k
Profit (loss) carried forward14€-8k
Amounts payable17/49€3k
Amounts payable within one year42/48€3k
Trade debts44€3k
Suppliers440/4€3k
Other amounts payable47/48€635
Income statement
Code2025
Other operating charges640/8€50
Gross operating margin9900€-8k
Operating profit (loss)9901€-8k
Financial charges65/66B€23
Recurring financial charges65€23
Profit (loss) for the period before taxes9903€-8k
Profit (loss) for the period9904€-8k
Profit (loss) for the period to be appropriated9905€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€-8k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Other operating charges640/8 | €50 |
| Gross operating margin9900 | €-8k |
| Operating profit (loss)9901 | €-8k |
| Financial charges65/66B | €23 |
| Recurring financial charges65 | €23 |
| Profit (loss) for the period before taxes9903 | €-8k |
| Profit (loss) for the period9904 | €-8k |
| Profit (loss) for the period to be appropriated9905 | €-8k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €5k | |
| Current assets29/58 | €5k | |
| Amounts receivable within one year40/41 | €1k | |
| Other amounts receivable41 | €1k | |
| Cash at bank and in hand54/58 | €4k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €5k | |
| Equity10/15 | €2k | |
| Contributions10/11 | €10k | |
| Profit (loss) carried forward14 | €-8k | |
| Amounts payable17/49 | €3k | |
| Amounts payable within one year42/48 | €3k | |
| Trade debts44 | €3k | |
| Suppliers440/4 | €3k | |
| Other amounts payable47/48 | €635 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-8k |
| Operating cash flow (approximation) | €-8k |
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 2025
Ground area
455 m²
Building footprint
181 m²
Volume, LiDAR
814 m³
Parcel 25013E0142/00T000, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
GLADSTONE
since 20252.370.159.465
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013E0142/00T000 | Wallonia | 455 m² | 1 · 181 m² | 6.0 m · 2 fl. |
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.
Similar companies · same sector, comparable size
SHARY
BE 0785.283.393
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FLAWAL
BE 0832.715.207
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GEMTREAT
BE 0421.044.831
Antwerpen · Eq €1,972
TECHSQUARE
BE 0727.692.515
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MCASolutions
BE 1024.455.996
Plombières · Eq €1,936
Of 4,564 companies in sector 74999 we hold annual accounts for 1,936. 362 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-2025
Fiscal year end30-06
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Scores and ratios are computed by Checked and are not a credit decision.