GORISSEN
ActiveSummary
GORISSEN has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.69M and a net result of €177k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-11
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 28.54 against 27.92 in 2024; short-term debt: 3% and cash: 42.6% of total assets), and 3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
97%
Return on assets
4.6%
Age of the figures
9 mo
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
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
31 d early
2023
28 d early
2022
7 d early
2021
31 d early
2020
29 d early
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.69M▲ 5.0%
2024 · €3.52M
2018: €1.42Mlowest in 8 years
2019: €1.85M▲ +30.2% vs 2018
2020: €2.22M▲ +19.6% vs 2019
2021: €2.47M▲ +11.5% vs 2020
2022: €2.90M▲ +17.5% vs 2021
2023: €3.48M▲ +19.8% vs 2022
2024: €3.52M▲ +1.1% vs 2023
2025: €3.69M▲ +5.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.81M▲ 5.1%
2024 · €3.63M
2018: €1.95Mlowest in 8 years
2019: €2.47M▲ +26.9% vs 2018
2020: €2.90M▲ +17.4% vs 2019
2021: €3.04M▲ +5.1% vs 2020
2022: €3.52M▲ +15.5% vs 2021
2023: €4.20M▲ +19.6% vs 2022highest in 8 years
2024: €3.63M▼ -13.8% vs 2023
2025: €3.81M▲ +5.1% vs 2024
2018 → 2025
Net result
€177k▼ 64.9%
2024 · €503k
2018: €201k
2019: €431k▲ +114% vs 2018
2020: €364k▼ -15.5% vs 2019
2021: €255k▼ -30.0% vs 2020
2022: €434k▲ +70.3% vs 2021
2023: €575k▲ +32.7% vs 2022highest in 8 years
2024: €503k▼ -12.6% vs 2023
2025: €177k▼ -64.9% vs 2024lowest in 8 years
2018 → 2025
Working capital
€3.18M▲ 10.3%
2024 · €2.88M
2018: €1.30Mlowest in 8 years
2019: €1.52M▲ +17.4% vs 2018
2020: €1.58M▲ +4.0% vs 2019
2021: €1.77M▲ +11.6% vs 2020
2022: €2.21M▲ +25.3% vs 2021
2023: €2.86M▲ +28.9% vs 2022
2024: €2.88M▲ +0.9% vs 2023
2025: €3.18M▲ +10.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.47M-€2.90M▲ 17.5%€3.48M▲ 19.8%€3.52M▲ 1.1%€3.69M▲ 5.0%
2021: €2.47Mlowest in 5 years
2022: €2.90M▲ +17.5% vs 2021
2023: €3.48M▲ +19.8% vs 2022
2024: €3.52M▲ +1.1% vs 2023
2025: €3.69M▲ +5.0% vs 2024highest in 5 years
Operating result€345k-€617k▲ 79.0%€835k▲ 35.4%€691k▼ 17.3%€219k▼ 68.3%
2021: €345k
2022: €617k▲ +79.0% vs 2021
2023: €835k▲ +35.4% vs 2022highest in 5 years
2024: €691k▼ -17.3% vs 2023
2025: €219k▼ -68.3% vs 2024lowest in 5 years
Net result€255k-€434k▲ 70.3%€575k▲ 32.7%€503k▼ 12.6%€177k▼ 64.9%
2021: €255k
2022: €434k▲ +70.3% vs 2021
2023: €575k▲ +32.7% vs 2022highest in 5 years
2024: €503k▼ -12.6% vs 2023
2025: €177k▼ -64.9% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.81M
Fixed assets
€515k ▼ 19.1%
Current assets
€3.30M ▲ 10.3%
Equity and liabilities €3.81M
Equity
€3.69M ▲ 5.0%
Debt
€115k ▲ 7.9%
Debt's share of the balance-sheet total rises from 3.0% to 3.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€340k▼
2024 · €809k
Cash flow
€298k▼
2024 · €621k
Current ratio
28.54▲
2024 · 27.92
Quick ratio
26.08▲
2024 · 24.27
Debt to equity
0.03▲
2024 · 0.03
ROE
4.8%▼
2024 · 14.3%
ROA
4.6%▼
2024 · 13.9%
Interest coverage
43.85▼
2024 · 84.18
Debt ≤ 1 year
€115k▲
2024 · €107k
Income taxes
€79k▼
2024 · €229k
Staff costs
€629k▲
2024 · €625k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.63M€3.81M▲
Fixed assets21/28€636k€515k▼
Tangible fixed assets22/27€636k€515k▼
Land and buildings22€242k€216k▼
Plant, machinery and equipment23€302k€244k▼
Furniture and vehicles24€93k€55k▼
Current assets29/58€2.99M€3.30M▲
Stocks and contracts in progress3€391k€284k▼
Stocks30/36€356k€244k▼
Contracts in progress37€35k€40k▲
Amounts receivable within one year40/41€311k€295k▼
Trade receivables40€245k€216k▼
Other amounts receivable41€66k€79k▲
Current investments50/53€1.07M€1.09M▲
Cash at bank and in hand54/58€1.21M€1.62M▲
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€3.63M€3.81M▲
Equity10/15€3.52M€3.69M▲
Contributions10/11€81k€81k=
Reserves13€3.44M€3.61M▲
Distributable reserves133€3.44M€3.61M▲
Amounts payable17/49€107k€115k▲
Amounts payable within one year42/48€107k€115k▲
Trade debts44€47k€72k▲
Suppliers440/4€47k€72k▲
Taxes, remuneration and social security45€57k€41k▼
Remuneration and social security454/9€57k€41k▼
Other amounts payable47/48€3k€3k=
Income statement
Code20242025
Remuneration, social security and pensions62€625k€629k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118k€121k▲
Other operating charges640/8€18k€19k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€1.45M€992k▼
Operating profit (loss)9901€691k€219k▼
Financial income75/76B€50k€45k▼
Recurring financial income75€50k€45k▼
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€732k€256k▼
Income taxes67/77€229k€79k▼
Profit (loss) for the period9904€503k€177k▼
Profit (loss) for the period to be appropriated9905€503k€177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€503k€177k▼
Transfer to equity691/2€503k€177k▼
To other reserves6921€503k€177k▼
Social balance
Average headcount (FTE)908711.311.3=
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €668k | €669k | €632k | €625k | €629k | ▲ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €101k | €110k | €113k | €118k | €121k | ▲ 2.8% |
| Other operating charges640/8 | €15k | €16k | €16k | €18k | €19k | ▲ 5.6% |
| Non-recurring operating charges66A | - | - | €7k | - | €3k | - |
| Gross operating margin9900 | €1.13M | €1.41M | €1.60M | €1.45M | €992k | ▼ 31.7% |
| Operating profit (loss)9901 | €345k | €617k | €835k | €691k | €219k | ▼ 68.3% |
| Financial income75/76B | €35k | €52k | €41k | €50k | €45k | ▼ 10.9% |
| Recurring financial income75 | €35k | €52k | €41k | €50k | €45k | ▼ 10.9% |
| Financial charges65/66B | €23k | €38k | €36k | €10k | €8k | ▼ 19.3% |
| Recurring financial charges65 | €23k | €38k | €36k | €10k | €8k | ▼ 19.3% |
| Profit (loss) for the period before taxes9903 | €357k | €631k | €840k | €732k | €256k | ▼ 65.0% |
| Transfer from deferred taxes780 | €318 | €318 | €180 | - | - | - |
| Income taxes67/77 | €103k | €197k | €265k | €229k | €79k | ▼ 65.4% |
| Profit (loss) for the period9904 | €255k | €434k | €575k | €503k | €177k | ▼ 64.9% |
| Profit (loss) for the period to be appropriated9905 | €255k | €434k | €575k | €503k | €177k | ▼ 64.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.04M | €3.52M | €4.20M | €3.63M | €3.81M | ▲ 5.1% |
| Fixed assets21/28 | €724k | €707k | €641k | €636k | €515k | ▼ 19.1% |
| Tangible fixed assets22/27 | €724k | €707k | €641k | €636k | €515k | ▼ 19.1% |
| Land and buildings22 | €286k | €269k | €243k | €242k | €216k | ▼ 10.6% |
| Plant, machinery and equipment23 | €364k | €369k | €310k | €302k | €244k | ▼ 19.2% |
| Furniture and vehicles24 | €74k | €69k | €88k | €93k | €55k | ▼ 40.9% |
| Current assets29/58 | €2.32M | €2.81M | €3.56M | €2.99M | €3.30M | ▲ 10.3% |
| Stocks and contracts in progress3 | €260k | €328k | €372k | €391k | €284k | ▼ 27.4% |
| Stocks30/36 | €150k | €278k | €280k | €356k | €244k | ▼ 31.5% |
| Contracts in progress37 | €110k | €50k | €92k | €35k | €40k | ▲ 14.3% |
| Amounts receivable within one year40/41 | €442k | €503k | €463k | €311k | €295k | ▼ 5.1% |
| Trade receivables40 | €321k | €479k | €461k | €245k | €216k | ▼ 11.7% |
| Other amounts receivable41 | €121k | €24k | €2k | €66k | €79k | ▲ 19.5% |
| Current investments50/53 | €311k | €360k | €1.05M | €1.07M | €1.09M | ▲ 1.2% |
| Cash at bank and in hand54/58 | €1.31M | €1.62M | €1.67M | €1.21M | €1.62M | ▲ 34.2% |
| Deferred charges and accrued income490/1 | - | - | €10k | €5k | €9k | ▲ 62.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.04M | €3.52M | €4.20M | €3.63M | €3.81M | ▲ 5.1% |
| Equity10/15 | €2.47M | €2.90M | €3.48M | €3.52M | €3.69M | ▲ 5.0% |
| Contributions10/11 | €544k | €544k | €544k | €81k | €81k | = |
| Reserves13 | €1.93M | €2.36M | €2.93M | €3.44M | €3.61M | ▲ 5.1% |
| Non-distributable reserves130/1 | €54k | €54k | - | - | - | - |
| Reserves not available under the articles1311 | €54k | €54k | - | - | - | - |
| Distributable reserves133 | €1.87M | €2.30M | €2.93M | €3.44M | €3.61M | ▲ 5.1% |
| Investment grants15 | €779 | €281 | - | - | - | - |
| Provisions and deferred taxes16 | €498 | €180 | - | - | - | - |
| Deferred taxes168 | €498 | €180 | - | - | - | - |
| Amounts payable17/49 | €574k | €612k | €725k | €107k | €115k | ▲ 7.9% |
| Amounts payable after more than one year17 | €8k | - | - | - | - | - |
| Financial debts170/4 | €8k | - | - | - | - | - |
| Amounts payable within one year42/48 | €554k | €594k | €707k | €107k | €115k | ▲ 7.9% |
| Current portion of amounts payable after more than one year42 | €8k | €8k | - | - | - | - |
| Trade debts44 | €61k | €26k | €133k | €47k | €72k | ▲ 52.5% |
| Suppliers440/4 | €61k | €26k | €133k | €47k | €72k | ▲ 52.5% |
| Taxes, remuneration and social security45 | €61k | €125k | €122k | €57k | €41k | ▼ 28.4% |
| Taxes450/3 | €10k | €77k | €69k | - | - | - |
| Remuneration and social security454/9 | €51k | €48k | €53k | €57k | €41k | ▼ 28.4% |
| Other amounts payable47/48 | €424k | €435k | €452k | €3k | €3k | = |
| Accrued charges and deferred income492/3 | €13k | €18k | €18k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €255k | €434k | €575k | €503k | €177k | ▼ 64.9% |
| + Depreciation and write-downs630 | €101k | €110k | €113k | €118k | €121k | ▲ 2.8% |
| Operating cash flow (approximation) | €356k | €544k | €689k | €621k | €298k | ▼ 52.0% |
| Investment in fixed assets (approximation) | - | €-93k | €-48k | €-113k | €0 | ▲ 100% |
| Change in cash | - | €310k | €48k | €-457k | €413k | ▲ 190% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €177k ▼64.9%
Net result drops to €177k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 6current ratio 27.92
Current ratio from 5.04 to 27.92; short-term debt falls from €707k to €107k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €575k ▲32.7%
Operating result €835k, net result €575k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.22M ▲19.6%
3 profitable years in a row build equity to €2.22M.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 34 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Kinrooi · 1 establishment unit since 2003
Ground area
4,950 m²
Building footprint
3,260 m²
Volume, LiDAR
11,840 m³
Parcel 72023D1170/00F002, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Gorissen
since 20032.134.899.031
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72023D1170/00F002 | Flanders | 4,950 m² | 1 · 3,260 m² | 8.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 5,017 EUR awarded · 5,017 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 4,000 EUR |
| 2022 | 2 | 5,017 EUR | 1,017 EUR |
Schemes
Call groene stroom (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 1,731 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
Founded31-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
jaak@gorissenbv.comKinrooi
Scores and ratios are computed by Checked and are not a credit decision.