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GOBREL

Active
Public limited companyfounded 1992active for 34 yearsKanadezenlaan(D) 116/118, 7711 Mouscron, BelgiumKBO/BCE: BE 0446.782.889

From the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GOBREL has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €949,214 and a net result of €589,644. Equity is shrinking by about 36% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 18% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 26-02-1992 Normal situation
Legal form
Public limited company
Registered office
Kanadezenlaan(D) 116/118, 7711 Mouscron
Activity
Retail sale of household furniture NACE 47551
Establishment units
30 establishment units
Financial year end
31 December
Peppol
Reachable since 17-11-2025

Who decides

Board

How it is doing

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Turnover
€15.5m
=
Profit
€589,644
▲ 977%
Equity
€949,214
▲ 164%
Total assets
€13.2m
▼ 15.0%
Staff
65 FTE
▼ 3.0%
2025 accounts filed 26 days late
Filed on 26-08-2026at the National Bank
Why 68raises riskEquity €949,214 (7.2% of total assets)Liquidity: current ratio 1.03, cash €500,626Sector: Retail trade (NACE 47)lowers riskProfit of €589,644 (financial year 2025)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 35% of its sector peers (NACE 47, medium-sized)
Financial strength · tick = 2024
Weak
Solvency 32+5
equity 7.2% of total assets
Liquidity 5-1
short-term debt 89.8% · cash 3.8%
Profitability 55+23
return on assets 4.5%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (385 companies, NACE 47, medium-sized)
Last 24 months 11-2024: 1.7% 12-2024: 1.2%▼ -0.5 percentage points vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.1%▼ -0.1 percentage points vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -1.1 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.7 percentage points vs 07-2026 09-2026: 0.7%▼ -0.8 percentage points vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.03, compared with 1.01 in 2024, below the usual 1.5; short-term debt: 89.8% and cash: 3.8% of total assets), and 92.8% 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 47, medium-sized): better than 20% on solvency, 8% on liquidity, 44% on profitability and 67% 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).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Equity €949,214 (7.2% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.03, cash €500,626
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Profit of €589,644 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 5036 sector peers (2025).
NBB · sector comparison
Position among 5036 sector peers
Solvency
better than 18%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €949,214
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 days late
2024
6 days early
2023
30 days late
2022
on the day
2021
2 days early
2020
4 days early
2019
7 days 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 5 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · 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 31 July (4 of the last 5 filed years within 30 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
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, full format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00493250.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
26-08-2026
Format
full format
Reference
2026-00493250
Turnover
€15.5m=
2024 · €15.5m
EBIT margin
4.4%▲ 3.0pp
2024 · 1.4%
Net result
€589,644▲ 977%
2024 · €54,749
Working capital
€349,173▲ 95.2%
2024 · €178,871
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is over 3.1 times 2024 and is the highest 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.

Turnover€15.5m 2025 Operating result€0.7m 2025 Net result€0.6m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€22.8m-€22.5m▼ 1.6%€18.7m▼ 16.7%€17.8m▼ 5.0%€16.0m▼ 10.3%€15.5m▼ 2.9%€15.5m▲ 0.2%€15.5m=
Operating result-€1.3m--€1.2m▲ 8.5%-€1.0m▲ 12.4%-€0.1m▲ 86.7%-€0.8m▼ 493%-€0.2m▲ 74.1%€0.2m€0.7m▲ 213%
Net result-€0.5m--€0.5m▲ 15.8%-€0.9mbelow the sector's middle half▼ 109%-€0.2mbelow the sector's middle half▲ 83.4%-€0.9mbelow the sector's middle half▼ 489%-€0.4mbelow the sector's middle half▲ 54.7%€0.05mwithin the sector's middle half€0.6mabove the sector's middle half▲ 977%
EBIT margin-5.6%--5.2%▲ 0.4pp-5.5%▼ 0.3pp-0.8%▲ 4.7pp-5.1%▼ 4.3pp-1.4%▲ 3.7pp1.4%▲ 2.8pp4.4%▲ 3.0pp
Equity€3.2m-€2.8m▼ 14.1%€1.8mabove the sector's middle half▼ 34.3%€1.7mabove the sector's middle half▼ 8.7%€0.7mwithin the sector's middle half▼ 56.2%€0.3mwithin the sector's middle half▼ 58.0%€0.4mwithin the sector's middle half▲ 18.0%€0.9mwithin the sector's middle half▲ 164%
Total assets€21.6m-€20.4m▼ 5.4%€19.3mabove the sector's middle half▼ 5.4%€18.2mabove the sector's middle half▼ 6.1%€15.6mabove the sector's middle half▼ 14.2%€14.8mabove the sector's middle half▼ 5.1%€15.6mabove the sector's middle half▲ 5.3%€13.2mabove the sector's middle half▼ 15.0%
Debt€18.3m-€17.6m▼ 3.8%€17.5m▼ 1.0%€16.4m▼ 6.1%€14.8m▼ 9.5%€14.5m▼ 2.5%€15.2m▲ 5.1%€12.2m▼ 19.9%
Working capital€1.6m-€1.7m▲ 10.1%€2.6mabove the sector's middle half▲ 52.1%€3.8mabove the sector's middle half▲ 43.5%€1.8mabove the sector's middle half▼ 51.6%€0.9mabove the sector's middle half▼ 48.4%€0.2mwithin the sector's middle half▼ 81.0%€0.3mwithin the sector's middle half▲ 95.2%
Solvency14.9%-13.5%▼ 1.4pp9.4%below the sector's middle half▼ 4.1pp9.1%below the sector's middle half▼ 0.3pp4.7%below the sector's middle half▼ 4.5pp2.1%below the sector's middle half▼ 2.6pp2.3%below the sector's middle half▲ 0.2pp7.2%below the sector's middle half▲ 4.9pp
Current ratio1.09-1.10▲ 0.011.16within the sector's middle half▲ 0.071.28within the sector's middle half▲ 0.111.14within the sector's middle half▼ 0.131.07within the sector's middle half▼ 0.071.01within the sector's middle half▼ 0.061.03within the sector's middle half▲ 0.02
Return on assets (ROA)-2.5%--2.2%▲ 0.3pp-4.9%below the sector's middle half▼ 2.7pp-0.9%below the sector's middle half▲ 4.0pp-6.0%below the sector's middle half▼ 5.1pp-2.8%below the sector's middle half▲ 3.1pp0.4%within the sector's middle half▲ 3.2pp4.5%within the sector's middle half▲ 4.1pp
Staff (FTE)136.8-133.8▼ 2.2%115.2above the sector's middle half▼ 13.9%84.9above the sector's middle half▼ 26.3%81.9above the sector's middle half▼ 3.5%75.5above the sector's middle half▼ 7.8%67above the sector's middle half▼ 11.3%65above the sector's middle half▼ 3.0%
above within below the middle half of NACE 47, Retail trade: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.2m
Fixed assets €1.0m ▼ 12.9%
Current assets €12.2m ▼ 15.2%
Equity and liabilities €13.2m
Equity €949,214 ▲ 164%
Provisions €111,782 ▲ 534%
Debt €12.2m ▼ 19.9%
Debt's share of the balance-sheet total falls from 97.6% to 92.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.0m▲
2024 · €526,129
Cash flow
€942,697▲
2024 · €363,371
Quick ratio
0.90▼
2024 · 0.91
Debt to equity
12.84▼
2024 · 42.30
ROE
62.1%▲
2024 · 15.2%
Interest coverage
4.14▲
2024 · 1.38
Debt ≤ 1 year
€11.9m▼
2024 · €14.3m
Debt > 1 year
€293,693▼
2024 · €953,395
Staff costs
€3.7m▲
2024 · €3.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 208 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 99.0% are still going.

  • Medium-sized
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet
0.5% went bankrupt
0.0% stopped otherwise
99.0% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 208 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 84 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 26-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€15.6m€13.2m▼
Fixed assets21/28€1.2m€1.0m▼
Tangible fixed assets22/27€1.0m€0.8m▼
Land and buildings22€0.4m€0.4m▲
Plant, machinery and equipment23€0.6m€0.4m▼
Furniture and vehicles24€0.04m€0.02m▼
Leasing and similar rights25-€0
Other tangible fixed assets26-€0
Assets under construction and advance payments27€0€0=
Financial fixed assets28€0.1m€0.2m▲
Other financial fixed assets284/8€0.1m€0.2m▲
Amounts receivable and cash guarantees285/8€0.1m€0.2m▲
Current assets29/58€14.4m€12.2m▼
Stocks and contracts in progress3€1.5m€1.5m▼
Stocks30/36€1.5m€1.5m▼
Goods purchased for resale34€1.5m€1.5m▼
Amounts receivable within one year40/41€12.1m€10.2m▼
Trade receivables40€0.3m€0.4m▲
Other amounts receivable41€11.8m€9.9m▼
Cash at bank and in hand54/58€0.8m€0.5m▼
Deferred charges and accrued income490/1€57€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€15.6m€13.2m▼
Equity10/15€0.4m€0.9m▲
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Contributions outside capital11€0.01m€0.01m=
Share premium1100/10€0.01m€0.01m=
Reserves13€0.8m€0.8m▲
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Distributable reserves133€0.7m€0.8m▲
Profit (loss) carried forward14-€0.6m€0▲
Provisions and deferred taxes16€0.02m€0.1m▲
Provisions for liabilities and charges160/5€0.02m€0.1m▲
Other liabilities and charges164/5€0.02m€0.1m▲
Amounts payable17/49€15.2m€12.2m▼
Amounts payable after more than one year17€1.0m€0.3m▼
Financial debts170/4€1.0m€0.3m▼
Credit institutions173€1.0m€0.3m▼
Amounts payable within one year42/48€14.3m€11.9m▼
Current portion of amounts payable after more than one year42€0.8m€0.7m▼
Financial debts43€4.5m€3.5m▼
Credit institutions430/8€4.5m€3.5m▼
Trade debts44€4.1m€2.8m▼
Suppliers440/4€4.1m€2.8m▼
Advances received on contracts in progress46€0.01m€0.2m▲
Taxes, remuneration and social security45€0.7m€0.5m▼
Taxes450/3€0.2m€0.2m▲
Remuneration and social security454/9€0.5m€0.3m▼
Other amounts payable47/48€4.2m€4.2m=
Accrued charges and deferred income492/3€0.003m€0▼
Income statement Code20242025
Operating income70/76A€15.8m€15.8m▼
Turnover70€15.5m€15.5m=
Other operating income74€0.08m€0.04m▼
Non-recurring operating income76A€0.2m€0.2m▼
Operating charges60/66A€15.6m€15.1m▼
Goods for resale, raw materials and consumables60€4.8m€3.9m▼
Purchases600/8€4.8m€3.9m▼
Change in stocks: decrease (increase)609-€0.03m€0.009m▲
Services and other goods61€6.6m€6.6m▲
Remuneration, social security and pensions62€3.6m€3.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.007m€0.03m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.07m
Other operating charges640/8€0.3m€0.4m▲
Non-recurring operating charges66A€0.09m€0.07m▼
Operating profit (loss)9901€0.2m€0.7m▲
Financial income75/76B€0.2m€0.2m▼
Recurring financial income75€0.2m€0.2m▼
Income from financial fixed assets750€6€10▲
Other financial income752/9€0.2m€0.2m▼
Financial charges65/66B€0.4m€0.3m▼
Recurring financial charges65€0.4m€0.3m▼
Debt charges650€0.4m€0.2m▼
Other financial charges652/9€0.001m€0.004m▲
Profit (loss) for the period before taxes9903€0.05m€0.6m▲
Profit (loss) for the period9904€0.05m€0.6m▲
Profit (loss) for the period to be appropriated9905€0.05m€0.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.6m€0.02m▲
Profit (loss) brought forward from the previous period14P-€0.6m-€0.6m▲
Transfer to equity691/2-€0.02m
To other reserves6921-€0.02m
Social balance sheet
Average headcount (FTE)908767.065.0▼

The notes to these accounts (50 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20182019202020212022202320242025Change
Operating income70/76A---€19.3m€17.3m€16.5m€15.8m€15.8m▼ 0.4%
Turnover70€22.8m€22.5m€18.7m€17.8m€16.0m€15.5m€15.5m€15.5m=
Other operating income74---€1.5m€1.3m€0.9m€0.08m€0.04m▼ 53.7%
Non-recurring operating income76A---€0.01m€0.07m€0.1m€0.2m€0.2m▼ 11.1%
Operating charges60/66A---€19.4m€18.1m€16.7m€15.6m€15.1m▼ 3.4%
Goods for resale, raw materials and consumables60---€6.9m€6.2m€5.6m€4.8m€3.9m▼ 17.5%
Purchases600/8---€6.3m€5.8m€5.3m€4.8m€3.9m▼ 18.2%
Change in stocks: decrease (increase)609---€0.6m€0.3m€0.3m-€0.03m€0.009m-
Services and other goods61---€7.3m€7.4m€6.7m€6.6m€6.6m▲ 0.3%
Remuneration, social security and pensions62---€3.9m€3.8m€3.8m€3.6m€3.7m▲ 2.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m€0.3m€0.2m€0.3m€0.3m€0.3m€0.4m▲ 14.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0.03m-€0.06m-€0.02m-€0.007m€0.03m-
Provisions for liabilities and charges: additions (uses and reversals)635/8---€0.05m-€0.1m--€0.07m-
Other operating charges640/8---€0.8m€0.6m€0.4m€0.3m€0.4m▲ 26.5%
Non-recurring operating charges66A---€0.2m€0.05m-€0.09m€0.07m▼ 19.3%
Operating profit (loss)9901-€1.3m-€1.2m-€1.0m-€0.1m-€0.8m-€0.2m€0.2m€0.7m▲ 213%
Financial income75/76B---€0.3m€0.2m€0.2m€0.2m€0.2m▼ 26.2%
Recurring financial income75€0.8m€0.9m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 26.2%
Income from financial fixed assets750------€6€10▲ 66.7%
Other financial income752/9---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 26.2%
Non-recurring financial income76B---€0.07m-----
Financial charges65/66B---€0.3m€0.3m€0.4m€0.4m€0.3m▼ 33.5%
Recurring financial charges65€0.1m€0.1m€0.2m€0.3m€0.3m€0.4m€0.4m€0.3m▼ 33.5%
Debt charges650€0.07m€0.1m€0.2m€0.3m€0.3m€0.4m€0.4m€0.2m▼ 34.4%
Other financial charges652/9---€0.03m€0.05m€0.001m€0.001m€0.004m▲ 199%
Non-recurring financial charges66B---€0.004m-----
Profit (loss) for the period before taxes9903-€0.5m-€0.5m-€0.9m-€0.1m-€0.9m-€0.4m€0.05m€0.6m▲ 977%
Income taxes67/77€301€0.001m€0.001m€0.03m-----
Taxes670/3---€0.03m-----
Tax adjustments and reversals of tax provisions77---€0-----
Profit (loss) for the period9904-€0.5m-€0.5m-€0.9m-€0.2m-€0.9m-€0.4m€0.05m€0.6m▲ 977%
Profit (loss) for the period to be appropriated9905-€0.5m-€0.5m-€0.9m-€0.2m-€0.9m-€0.4m€0.05m€0.6m▲ 977%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€21.6m€20.4m€19.3m€18.2m€15.6m€14.8m€15.6m€13.2m▼ 15.0%
Fixed assets21/28€1.7m€1.2m€0.8m€0.8m€1.0m€1.1m€1.2m€1.0m▼ 12.9%
Intangible fixed assets21€0.2m€0.2m€0.04m€0.007m-----
Tangible fixed assets22/27€1.4m€1.0m€0.7m€0.7m€0.9m€1.0m€1.0m€0.8m▼ 18.9%
Land and buildings22---€0.1m€0.1m€0.2m€0.4m€0.4m▲ 4.1%
Plant, machinery and equipment23---€0.5m€0.7m€0.7m€0.6m€0.4m▼ 32.3%
Furniture and vehicles24---€0.1m€0.09m€0.06m€0.04m€0.02m▼ 59.4%
Leasing and similar rights25-------€0-
Other tangible fixed assets26-------€0-
Assets under construction and advance payments27----€0.01m€0.02m€0€0-
Financial fixed assets28€0.04m€0.04m€0.05m€0.09m€0.1m€0.1m€0.1m€0.2m▲ 35.8%
Other financial fixed assets284/8---€0.09m€0.1m€0.1m€0.1m€0.2m▲ 35.8%
Amounts receivable and cash guarantees285/8---€0.09m€0.1m€0.1m€0.1m€0.2m▲ 35.8%
Current assets29/58€19.9m€19.3m€18.6m€17.4m€14.6m€13.7m€14.4m€12.2m▼ 15.2%
Stocks and contracts in progress3€4.3m€3.6m€2.7m€2.0m€1.8m€1.5m€1.5m€1.5m▼ 2.4%
Stocks30/36---€2.0m€1.8m€1.5m€1.5m€1.5m▼ 2.4%
Goods purchased for resale34---€2.0m€1.8m€1.5m€1.5m€1.5m▼ 2.4%
Amounts receivable within one year40/41€13.5m€13.8m€14.0m€14.6m€12.2m€11.7m€12.1m€10.2m▼ 15.4%
Trade receivables40---€0.4m€0.1m€0.08m€0.3m€0.4m▲ 20.5%
Other amounts receivable41---€14.1m€12.1m€11.6m€11.8m€9.9m▼ 16.3%
Cash at bank and in hand54/58€1.6m€1.5m€1.7m€0.7m€0.5m€0.5m€0.8m€0.5m▼ 36.6%
Deferred charges and accrued income490/1---€0.1m€0.1m€0.04m€57€0.001m▲ 14×
Equity and liabilities
Total equity and liabilities10/49€21.6m€20.4m€19.3m€18.2m€15.6m€14.8m€15.6m€13.2m▼ 15.0%
Equity10/15€3.2m€2.8m€1.8m€1.7m€0.7m€0.3m€0.4m€0.9m▲ 164%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10---€0.2m€0.2m€0.2m€0.2m€0.2m=
Issued capital100---€0.2m€0.2m€0.2m€0.2m€0.2m=
Contributions outside capital11---€0.01m€0.01m€0.01m€0.01m€0.01m=
Share premium1100/10---€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m▲ 2.6%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m€0.02m=
Legal reserve130---€0.02m€0.02m€0.02m€0.02m€0.02m=
Distributable reserves133---€0.7m€0.7m€0.7m€0.7m€0.8m▲ 2.7%
Profit (loss) carried forward14€2.3m€1.8m€0.9m€0.7m-€0.2m-€0.6m-€0.6m€0-
Provisions and deferred taxes16€0.07m€0.06m€0.08m€0.1m€0.02m€0.02m€0.02m€0.1m▲ 534%
Provisions for liabilities and charges160/5---€0.1m€0.02m€0.02m€0.02m€0.1m▲ 534%
Environmental obligations163---€0.1m-----
Other liabilities and charges164/5----€0.02m€0.02m€0.02m€0.1m▲ 534%
Amounts payable17/49€18.3m€17.6m€17.5m€16.4m€14.8m€14.5m€15.2m€12.2m▼ 19.9%
Amounts payable after more than one year17--€1.5m€2.8m€2.1m€1.7m€1.0m€0.3m▼ 69.2%
Financial debts170/4---€2.8m€2.1m€1.7m€1.0m€0.3m▼ 69.2%
Credit institutions173---€2.8m€2.1m€1.7m€1.0m€0.3m▼ 69.2%
Amounts payable within one year42/48€18.3m€17.5m€16.0m€13.6m€12.8m€12.8m€14.3m€11.9m▼ 16.5%
Current portion of amounts payable after more than one year42---€0.5m€0.7m€0.9m€0.8m€0.7m▼ 14.4%
Financial debts43---€5.2m€5.0m€4.5m€4.5m€3.5m▼ 22.3%
Credit institutions430/8---€5.2m€5.0m€4.5m€4.5m€3.5m▼ 22.3%
Trade debts44€2.9m€2.6m€2.6m€2.2m€1.8m€2.3m€4.1m€2.8m▼ 31.9%
Suppliers440/4---€2.2m€1.8m€2.3m€4.1m€2.8m▼ 31.9%
Advances received on contracts in progress46---€0.3m€0.3m€0.3m€0.01m€0.2m▲ 26×
Taxes, remuneration and social security45---€0.8m€0.8m€0.7m€0.7m€0.5m▼ 24.2%
Taxes450/3---€0.2m€0.2m€0.08m€0.2m€0.2m▲ 23.8%
Remuneration and social security454/9---€0.6m€0.6m€0.6m€0.5m€0.3m▼ 42.2%
Other amounts payable47/48---€4.7m€4.2m€4.2m€4.2m€4.2m=
Accrued charges and deferred income492/3---€0.004m€0.006m€0.008m€0.003m€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.5m-€0.5m-€0.9m-€0.2m-€0.9m-€0.4m€0.05m€0.6m▲ 977%
+ Depreciation and write-downs630€0.5m€0.5m€0.3m€0.2m€0.3m€0.3m€0.3m€0.4m▲ 14.4%
Operating cash flow (approximation)-€0.01m€0.01m-€0.7m€0.06m-€0.7m-€0.2m€0.4m€0.9m▲ 159%
Investment in fixed assets (approximation)-€0.07m€0.1m-€0.2m-€0.5m-€0.3m-€0.4m-€0.2m▲ 45.8%
Change in cash--€0.1m€0.3m-€1.0m-€0.2m-€0.05m€0.3m-€0.3m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 26-08-2026 2026-00493250 NBB
31-12-2024 full format 25-07-2025 2025-00355987 PDF
31-12-2023 full format 30-08-2024 2024-00410284 PDF
31-12-2022 full format 31-07-2023 2023-00292577 PDF
31-12-2021 full format 29-07-2022 2022-20244726 PDF
31-12-2020 full format 27-07-2021 2021-41100231 PDF
31-12-2019 full format 24-07-2020 2020-35600350 PDF
31-12-2018 full format 25-07-2019 2019-38500136 PDF
31-12-2017 full format 10-07-2018 2018-31000115 PDF
31-12-2016 full format 12-07-2017 2017-30200327 PDF

Show all 32 filings

Similar companies · same sector, comparable size

Of the 2,562 active companies whose main activity is retail sale of household furniture (NACE 47551), figures are known for 1,750. 1,050 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €5,357 awarded · €5,357 paid
Schemes
1 entry · €5,357 · €5,357 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
3 directors, 1 in day-to-day management, last change in 2023

Board 3

Aurélien DECERF
Director · since 30-05-2018 · in the 2023 annual accounts, filed on 30-08-2024
Current
Alexis CORNU
Director · since 01-12-2023 · in the 2023 annual accounts, filed on 30-08-2024
Current
Pierrick CORNU
Director · since 01-12-2023 · in the 2023 annual accounts, filed on 30-08-2024
Current

Day-to-day management 1

Valentin TRIOUX
Managing director · appointed in the act of 19-04-2024
Current

Mandate history

5 people, 4 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Alexis CORNU
  • Director, from 01-12-2023 to date
Aurélien DECERF
  • Director, appointed in the act of 19-04-2024, still in office
Pierrick CORNU
  • Director, from 01-12-2023 to date
Valentin TRIOUX
  • Managing director, appointed in the act of 19-04-2024, still in office
LION SA
  • Sole director, until 30-11-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. L.I.O.N. 100%
  2. GOBREL

Owners 1

Group and network

Connections & network

3 current directors
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 26 February 1992, GOBREL was incorporated.1 In 2022 the registered office moved to Mouscron-Dottignies.2 Turnover went from €22.8m in 2018 to €15.5m in 2025 and headcount from 137 to 65 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-11-2022
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filedNBB
financial year 2025 · full format · 26 days late
2025
31-12
Financial Highest result from 2018 to 2025net €589,644 ▲977%
Operating result €681,862, net result €589,644, both a record.
31-12
Financial Equity above €500,000equity €949,214 ▲164%
2 profitable years in a row build equity to €949,214.
25-07
NBB filing Annual accounts filedPDF
financial year 2024 · full format
2024
31-12
Financial Back to profitnet €54,749
Net result €54,749 after 6 loss-making years.
30-08
NBB filing Annual accounts filedPDF
financial year 2023 · full format · 30 days late
19-04
Gazette deed Resignation: LION SA (sole director)
Appointments: Valentin TRIOUX, Aurélien DECERF and 2 others6 facts ▸
  • General meeting, 27-11-2023
  • Director resignation, LION SA (sole director)
  • Director appointment, Valentin TRIOUX (managing director)
  • Director appointment, Aurélien DECERF (director)
  • Director appointment, Pierrick CORNU (director)
  • Director appointment, Alexis CORNU (director)

Open the act in the Belgian Official Gazette

2023
31-07
NBB filing Annual accounts filedPDF
financial year 2022 · full format
2022
22-11
Gazette deed Registered office
Registered-office move · Power of attorney3 facts ▸
  • General meeting, 13-10-2022
  • Registered-office move, 7711 Mouscron-Dottignies,Boulevard des Canadiens,116/118
  • Power of attorney

Open the act in the Belgian Official Gazette

29-07
NBB filing Annual accounts filedPDF
financial year 2021 · full format
2021
27-07
NBB filing Annual accounts filedPDF
financial year 2020 · full format
2020
31-12
Financial Weakest financial yearnet -€947,801
Net result drops to -€947,801, the lowest in the series; recovery starts the following year.
Show earlier events
24-07
NBB filing Annual accounts filedPDF
financial year 2019 · full format
2019
25-07
NBB filing Annual accounts filedPDF
financial year 2018 · full format
2018
10-07
NBB filing Annual accounts filedPDF
financial year 2017 · full format
2017
12-07
NBB filing Annual accounts filedPDF
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name GOBREL in French
Enterprise number 0446.782.889
Legal form Public limited company
Status Active, normale toestand
Founded 26-02-1992
Type Legal entity

Where it is based

Registered office Kanadezenlaan(D) 116/118, 7711 Mouscron, Belgium
Establishments 30 establishment units since 1997
Phone 056/482042Lochristi
Phone +3256482042Awans

What it does

NACEBEL 2025
47551 Retail sale of household furniture main activity

Invoicing and payment

VAT number BE 0446.782.889
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0446782889
Also 9925:BE0446782889
Registered 17-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits

1 application in Flanders since 2023 · 1 granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Granted on 08-03-2024submitted 22-12-2023authority: Oostendeproject 2023170130

Source: Omgevingsloket Vlaanderen.

Sites & property

Registered office and establishments
registered office establishment approximate 27 of 30 establishment units on the map
30 establishment units
LE ROI DU MATELAS
Marche, Rue du Parc Industriel 1, 6900 Marche-en-FamenneRetail sale of household furniture
since 1997unit no. 2.056.960.719
LE ROI DU MATELAS
Chaussée d'Arlon 50, 6600 BastogneRetail sale of household furniture
since 1997unit no. 2.056.961.016
LE ROI DU MATELAS
Rue Baty-des-Puissances, 5190 Jemeppe-sur-SambreRetail sale of household furniture
since 2001unit no. 2.056.960.917
LE ROI DU MATELAS
Waterloosesteenweg 1587, 1180 UkkelRetail sale of household furniture
since 2006unit no. 2.152.332.703
LE ROI DU MATELAS
Venelle des Buissons 2, 1300 WavreRetail sale of household furniture
since 2006unit no. 2.152.332.802
LE ROI DU MATELAS
Parc de l'Hydrion 9, 6700 ArlonRetail sale of household furniture
since 2006unit no. 2.156.721.061
Show 24 more locations
LE ROI DU MATELAS
Leuvensesteenweg 680-682, 1030 SchaarbeekRetail sale of household furniture
since 2007unit no. 2.164.613.693
DE MATRASSENKONING
Torhoutsesteenweg 638, 8400 OostendeRetail sale of household furniture
since 2007unit no. 2.164.613.990
LE ROI DU MATELAS
Chaussée de Marche(EP) 457, 5101 NamurRetail sale of household furniture
since 2008unit no. 2.168.068.774
Boulevard des Gérardchamps 68, 4800 Verviers
Retail sale of household furniture
since 2012unit no. 2.212.312.355
Porte des Bâtisseurs(EST) 20, 7730 Estaimpuis
Activities of head offices
since 2012unit no. 2.252.788.673
De Matrassenkoning
Kleine Ringlaan 1, 8520 KuurneRetail sale of household furniture
since 2012unit no. 2.214.634.417
Le Roi Du Matelas
Route de Philippeville 350, 6010 CharleroiRetail sale of household furniture
since 2012unit no. 2.214.634.813
Le Roi Du Matelas
Avenue du Progrès 5, 4432 AnsRetail sale of household furniture
since 2012unit no. 2.214.640.751
De Matrassenkoning
Weiveldlaan 29, 1930 ZaventemRetail sale of household furniture
since 2012unit no. 2.214.640.850
De Matrassenkoning
Mechelsesteenweg 188, 9200 DendermondeRetail sale of household furniture
since 2012unit no. 2.214.641.048
Le Roi Du Matelas
Route de Mons 152, 7390 QuaregnonRetail sale of household furniture
since 2012unit no. 2.214.642.533
Le Roi Du Matelas
Chaussée d'Alsemberg 437, 1420 Braine-l'AlleudRetail sale of household furniture
since 2012unit no. 2.214.643.325
Le Roi Du Matelas
Route du Condroz 44, 4100 SeraingRetail sale of household furniture
since 2012unit no. 2.214.644.018
Le Roi Du Matelas
Rue de la Franco-Belge(L.L) 28, 7100 La LouvièreRetail sale of household furniture
since 2012unit no. 2.214.644.117
Le Roi Du Matelas
Rue de la Pépinière 25, 6041 CharleroiRetail sale of household furniture
since 2012unit no. 2.214.644.513
De Matrassenkoning
Brusselsesteenweg 205, 9402 NinoveRetail sale of household furniture
since 2012unit no. 2.214.644.612
Le Roi Du Matelas
Rue de Maire(FRY) 11, 7503 TournaiRetail sale of household furniture
since 2012unit no. 2.214.644.810
DE MATRASSENKONING
Antwerpseweg 59, 2440 GeelRetail sale of household furniture
since 2013unit no. 2.219.830.152
DE MATRASSENKONING
Humaniteitslaan 10, 1601 Sint-Pieters-LeeuwRetail sale of household furniture
since 2013unit no. 2.223.008.188
DE MATRASSENKONING
Antwerpse Steenweg 144, 9080 LochristiRetail sale of household furniture
since 2017unit no. 2.264.302.375
Le roi du Matelas
Libramont,Avenue de Bouillon 137, 6800 Libramont-ChevignyRetail sale of household furniture
since 2018unit no. 2.276.245.649
LE ROI DU MATELAS
Rue Chaussée 17, 4342 AwansRetail sale of household furniture
since 2019unit no. 2.300.895.824
Le Roi du Matelas
Chaussée du Roeulx 403, 7060 SoigniesRetail sale of household furniture
since 2021unit no. 2.317.375.926
Le Roi du Matelas
Verlengde Stallestraat 217, 1620 DrogenbosRetail sale of household furniture
since 2025unit no. 2.368.765.734

Buildings and parcels at the addresses

Ground area
25.5 ha
Building footprint
5.6 ha
Building volume
388,270 m³
28 parcels, Brussels, Flanders, Wallonia · tallest building 21.0 m.
28 parcels
Flanders 9 (32.1%) Wallonia 17 (60.7%) Brussels 2 (7.1%)
Cadastral parcel Region Area Buildings Height / floors
81011C2315/00G000 Wallonia 9.1 ha 1 · 2,335 m² -
62053A0234/00R000 Wallonia 3.2 ha 1 · 1.3 ha 11.3 m · 3
23057C0046/00T000 Flanders 2.9 ha 1 · 1.5 ha 11.8 m · 3
55022A0356/00Y003 Wallonia 2.2 ha 1 · 6,334 m² 15.1 m · 2
83034A0882/00B002 Wallonia 1.2 ha 1 · 2,661 m² -
53080A0060/00B000indicative Wallonia 1.1 ha - -
92039A0108/00K000 Wallonia 7,602 m² 1 · 714 m² 7.8 m · 2
57027A0236/00F000 Wallonia 5,355 m² 1 · 519 m² 8.0 m · 2
62001B0341/00D000 Wallonia 5,084 m² 1 · 2,505 m² 8.3 m · 2
23069A0403/00H000 Flanders 4,898 m² 1 · 1,843 m² 6.5 m · 2
25014N0084/00A000 Wallonia 4,676 m² 1 · 1,078 m² 12.1 m · 3
54003T0320/00D000 Wallonia 4,181 m² 1 · 253 m² 10.9 m · 1
25112L0361/00F000 Wallonia 4,091 m² 1 · 523 m² 13.0 m · 4
62019B0170/00X000 Wallonia 4,035 m² 1 · 1,952 m² 7.4 m · 2
55040C0043/00E003indicative Wallonia 3,837 m² 1 · 159 m² 4.4 m · 1
44034D0891/00F003 Flanders 2,959 m² 1 · 652 m² 10.2 m
22001B0093/00A013 Flanders 2,300 m² 1 · 858 m² 6.9 m · 2
13373L0220/00L000 Flanders 2,269 m² 1 · 711 m² 6.3 m · 2
57031C0028/00Y002 Wallonia 1,473 m² 1 · 540 m² 4.6 m · 1
42006E0171/00L002 Flanders 1,423 m² 1 · 505 m² 12.1 m · 2
21911C0100/00P006 Brussels 1,139 m² 1 · 818 m² 20.5 m · 6
21614H0055/02B026 Brussels 984 m² 1 · 511 m² 14.2 m · 2
63079A1456/00W002 Wallonia 727 m² 1 · 106 m² -
35020A0297/00F002 Flanders 660 m² 1 · 811 m² 7.4 m · 2
52014B0067/00V007 Wallonia 586 m² 1 · 21 m² 2.2 m · 1
82302C0700/00X002 Wallonia 582 m² 1 · 495 m² 8.9 m · 2
41038A0330/00M006 Flanders 436 m² 1 · 429 m² 21.0 m · 1
34023C0450/00H006 Flanders 336 m² 1 · 344 m² 10.8 m · 2