GOROSSI · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GOROSSI is 0.7% (low). The 2024 annual accounts show equity of €352k and a net result of €-30k. Equity is shrinking by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 1707 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.7% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	30-06-2025	31 d early	2025-00196027
31-12-2023	31-07-2024	19-03-2024	134 d early	2024-00045312
31-12-2022	31-07-2023	14-03-2023	139 d early	2023-00039101

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-30k+53.1%

Working capital€-184k-590.1%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Net result: growth of ~21.2%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	6.7%	14.4%	better than 40% of 1707 sector peers
Net result	€-30k	€0	better than 28% of 1703 sector peers
Equity	€352k	€109k	better than 66% of 1707 sector peers
Gross operating margin	€257k	€51k	better than 77% of 1704 sector peers
Employees (FTE)	0.0	0.0	better than 30% of 500 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P40

Stable position over 2022-2024 · n=1109-1707

Net result P28

Stable position over 2022-2024 · n=1109-1703

Equity P66

Stable position over 2022-2024 · n=1109-1707

Gross operating margin P77

Improving position over 2022-2024 · n=1105-1704

Describes the position versus peers, not a forecast.

EBITDA

€253k

+336.7% 22-24

Net profit

€-30k

+53.1% 22-24

Cash flow

€175k

- 22-24

Total assets

€5.28M

-4.7% 22-24

Equity

€352k

-7.9% 22-24

Working capital

€-184k

-590.1% 22-24

Employees (FTE)

0

- 22-24

Debt

€4.93M

-4.4% 22-24

Show 9 other metrics

Debt ≤ 1y

€284k

-3.2% 22-24

Debt > 1y

€4.63M

-4.2% 22-24

Current ratio

0.35

-61.4% 22-24

Quick ratio

0.35

-61.4% 22-24

Solvency

6.7%

-3.5% 22-24

Debt / equity

14.00

+3.8% 22-24

ROE

-8.6%

+49.0% 22-24

ROA

-0.6%

+50.8% 22-24

Interest coverage

3.25

+318.7% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€253k
Net profit	€-30k
Cash flow	€175k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€5.28M
Equity	€352k
Debt	€4.93M
of which ≤ 1y	€284k
of which > 1y	€4.63M
Working capital	€-184k
Employees (FTE)	0.0

Ratios (computed)

	2024
Current ratio	0.35
Quick ratio	0.35
Working capital ratio	-3.5%
Solvency	6.7%
Debt / equity	14.00
Long-term debt ratio	13.16
Interest coverage	3.25
Gross margin	-
Net margin	-
ROA	-0.6%
ROE	-8.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €5.18M · 98.1% Current assets €99k · 1.9%

Equity & liabilities

Equity €352k · 6.7% Debt €4.93M · 93.3%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€5.28M
Fixed assets	21/28	€5.18M
Tangible fixed assets	22/27	€5.18M
Financial fixed assets	28	€5k
Current assets	29/58	€99k
Amounts receivable within one year	40/41	€20k
Cash & bank	54/58	€79k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5.28M
Equity	10/15	€352k
Contributions / capital	10/11	€500k
Accumulated profits (losses)	14	€-148k
Amounts payable	17/49	€4.93M
Amounts payable after one year	17	€4.63M
Amounts payable within one year	42/48	€284k
Trade debts payable within one year	44	€61k
Income statement
Gross operating margin	9900	€257k
Operating result	9901	€47k
Financial charges	65	€78k
Result before taxes	9903	€-30k
Net result for the period	9904	€-30k
Result to be appropriated	9905	€-30k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

28 / 100 Weak

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

under verification

5 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Directors derived from a single State Gazette act, under verification

All 5 current directors first appear in the same act (25122348). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

DESTIMOLegal entity
Director· perm. rep.: Kurt Koenen
State Gazette act 25122348 (26-09-2025)

Current
12-06-2025 → present
ACCOUNTANTSKANTOOR MARTENS & C°Legal entity
Director· perm. rep.: Joseph Martens
State Gazette act 25122348 (26-09-2025)

Current
06-01-2023 → present
2 events
- 12-06-2025 Appointed· Director
- 06-01-2023 Mandate renewed· Director
Ad Rem ConsultancyLegal entity
Director· perm. rep.: Steven Gils
State Gazette act 25122348 (26-09-2025)

Current
06-01-2023 → present
2 events
- 12-06-2025 Appointed· Director
- 06-01-2023 Mandate renewed· Director
AXERTILegal entity
Director· perm. rep.: Erwin Devis
State Gazette act 25122348 (26-09-2025)

Current
06-01-2023 → present
2 events
- 12-06-2025 Appointed· Director
- 06-01-2023 Mandate renewed· Director
SemKo!Legal entity
Director· perm. rep.: Bert Masset
State Gazette act 25122348 (26-09-2025)

Current
06-01-2023 → present
2 events
- 12-06-2025 Appointed· Director
- 06-01-2023 Mandate renewed· Director

Former directors (1)

KOENENLegal entity
Director· perm. rep.: Kurt Koenen
State Gazette act 23010736 (23-01-2023)

Former
06-01-2023 → 12-06-2025
2 events
- 12-06-2025 Resigned· Director
- 06-01-2023 Mandate renewed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen(68201)
Legal form	Public limited company(014)
Incorporation	13-08-2021
Status	Active
Postal code	3500

Structure & network

Connections & network

7 connected companies

Group structure

1 further connections in this company's network. Available in Kantoor S.

See plans →

Group structure

ACCOUNTANTSKANTOOR MARTENS & C°