GNGR
ActiveGNGR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €582k and a net result of €89k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+2
Solvency63▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.18 in 2024; short-term debt: 50% and cash: 4.8% of total assets), and 62.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
37.6%
Return on assets
5.7%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
61 d late
2023
29 d late
2022
22 d late
2021
28 d late
2020
10 d late
2019
58 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€582k▲ 18.0%
2024 · €493k
2019: €137k
2020: €175k
2021: €299k
2022: €451k
2023: €432k
2024: €493k
2019 → 2025
Total assets
€1.55M▲ 0.2%
2024 · €1.54M
2019: €915k
2020: €1.77M
2021: €1.59M
2022: €1.65M
2023: €1.61M
2024: €1.54M
2019 → 2025
Net result
€89k▲ 46.5%
2024 · €61k
2019: €25k
2020: €38k
2021: €123k
2022: €152k
2023: €-19k
2024: €61k
2019 → 2025
Working capital
€106k▼ 17.6%
2024 · €129k
2019: €-138k
2020: €-27k
2021: €-51k
2022: €89k
2023: €151k
2024: €129k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€299k-€451k▲ 50.9%€432k▼ 4.2%€493k▲ 14.1%€582k▲ 18.0%
Operating result€157k-€193k▲ 23.2%€43k▼ 77.6%€108k▲ 149%€148k▲ 37.6%
Net result€123k-€152k▲ 23.3%€-19k€61k€89k▲ 46.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.55M
Fixed assets
€667k▼ 2.1%
Current assets
€880k▲ 1.9%
Equity and liabilities €1.55M
Equity
€582k▲ 18.0%
Provisions
€8k=
Debt
€958k▼ 8.3%
The debt ratio falls from 67.6% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€269k▲
2024 · €234k
Cash flow
€210k▲
2024 · €187k
Solvency
37.6%▲
2024 · 31.9%
Current ratio
1.14▼
2024 · 1.18
Quick ratio
0.85▲
2024 · 0.82
Debt / equity
1.65▼
2024 · 2.12
ROE
15.3%▲
2024 · 12.3%
ROA
5.7%▲
2024 · 3.9%
Interest coverage
7.04▼
2024 · 7.35
Debt
€958k▼
2024 · €1.04M
Debt ≤ 1 year
€773k▲
2024 · €734k
Debt > 1 year
€184k▼
2024 · €310k
Income taxes
€27k▲
2024 · €21k
Staff costs
€552k▲
2024 · €463k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.54M€1.55M▲
Fixed assets21/28€682k€667k▼
Intangible fixed assets21€30k€15k▼
Tangible fixed assets22/27€652k€652k▲
Land and buildings22€261k€238k▼
Plant, machinery and equipment23€363k€383k▲
Furniture and vehicles24€28k€24k▼
Leasing and similar rights25-€8k
Current assets29/58€863k€880k▲
Stocks and contracts in progress3€260k€224k▼
Stocks30/36€260k€224k▼
Amounts receivable within one year40/41€495k€575k▲
Trade receivables40€86k€56k▼
Other amounts receivable41€409k€519k▲
Cash at bank and in hand54/58€101k€74k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.55M▲
Equity10/15€493k€582k▲
Contributions10/11€51k€51k=
Reserves13€442k€531k▲
Tax-exempt reserves132€15k€15k=
Distributable reserves133€427k€516k▲
Provisions and deferred taxes16€8k€8k=
Provisions for liabilities and charges160/5€8k€8k=
Environmental obligations163€8k€8k=
Amounts payable17/49€1.04M€958k▼
Amounts payable after more than one year17€310k€184k▼
Financial debts170/4€280k€160k▼
Trade debts175€30k€24k▼
Amounts payable within one year42/48€734k€773k▲
Current portion of amounts payable after more than one year42€175k€177k▲
Financial debts43€240k€270k▲
Credit institutions430/8€240k€270k▲
Trade debts44€221k€207k▼
Suppliers440/4€221k€207k▼
Taxes, remuneration and social security45€97k€79k▼
Taxes450/3€22k€61▼
Remuneration and social security454/9€75k€79k▲
Other amounts payable47/48€1k€40k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€12k▲
Remuneration, social security and pensions62€463k€552k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€121k▼
Other operating charges640/8€17k€17k▲
Non-recurring operating charges66A-€14k
Gross operating margin9900€714k€853k▲
Operating profit (loss)9901€108k€148k▲
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€32k€38k▲
Recurring financial charges65€32k€38k▲
Profit (loss) for the period before taxes9903€81k€116k▲
Income taxes67/77€21k€27k▲
Profit (loss) for the period9904€61k€89k▲
Profit (loss) for the period to be appropriated9905€61k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€89k▲
Transfer to equity691/2€61k€89k▲
To other reserves6921€61k€89k▲
Social balance
Average headcount (FTE)908722.322.5▲
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
30-06
Financial
Equity above €500kEq €582k ▲18%
2 profitable years in a row build equity to €582k.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-06
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-06
Financial
Weakest financial yearnet €-19k ▼113%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
30-06
Financial
Highest result since 2019net €152k ▲23.3%
Operating result €193k, net result €152k, both a record.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
30-06
Financial
Equity above €200kEq €299k ▲70.3%
3 profitable years in a row build equity to €299k.
10-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
30-06
Financial
Equity above €150kEq €175k ▲27.9%
2 profitable years in a row build equity to €175k.
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Olen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oevelseweg 762250 OlenGround area
3,209 m²
Building footprint
1,000 m²
Volume, LiDAR
5,653 m³
Parcel 13029D0192/00H000, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Spar Olen
since 20172.263.877.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029D0192/00H000 | Flanders | 3,209 m² | 1 · 1,000 m² | 11.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyOlen2.263.877.555
Dual-learning approval
6 endedSimilar companies · same sector, comparable size
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Assesse · Eq €584k
Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 2,947 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2010
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47114Supermarkets
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.