GUDEM
ActiveGUDEM has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-13k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 95% of 3620 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-9
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 7.88 against 8.33 in 2024; short-term debt: 7.3% and cash: 32.6% of total assets), and 7.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 56
Relative position
BE, all sectors
reference
Sector 56
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
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
92.7%
Return on assets
-42.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-13k
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
3 d early
2023
37 d late
2022
32 d early
2021
30 d late
2020
51 d late
2019
24 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€29k▼ 88.4%
2024 · €253k
2018: €349k
2019: €362k
2020: €360k
2021: €244k
2022: €273k
2023: €276k
2024: €253k
2018 → 2025
Total assets
€32k▼ 88.9%
2024 · €284k
2018: €395k
2019: €395k
2020: €418k
2021: €355k
2022: €374k
2023: €360k
2024: €284k
2018 → 2025
Net result
€-13k▲ 41.4%
2024 · €-23k
2018: €182
2019: €12k
2020: €-2k
2021: €-116k
2022: €29k
2023: €3k
2024: €-23k
2018 → 2025
Working capital
€16k▼ 93.2%
2024 · €232k
2018: €201k
2019: €218k
2020: €198k
2021: €206k
2022: €235k
2023: €239k
2024: €232k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€244k-€273k▲ 11.9%€276k▲ 0.9%€253k▼ 8.3%€29k▼ 88.4%
Operating result€24k-€37k▲ 53.1%€5k▼ 87.2%€-23k€-11k▲ 50.4%
Net result€-116k-€29k€3k▼ 91.4%€-23k€-13k▲ 41.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €23k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€14k▼ 34.0%
Current assets
€18k▼ 93.1%
Equity and liabilities €32k
Equity
€29k▼ 88.4%
Debt
€2k▼ 92.7%
The debt ratio falls from 11.1% to 7.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-11k
Cash flow
€-6k▲
2024 · €-11k
Solvency
92.7%▲
2024 · 88.9%
Current ratio
7.88▼
2024 · 8.33
Quick ratio
7.88▼
2024 · 8.33
Debt / equity
0.08▼
2024 · 0.13
ROE
-45.6%▼
2024 · -9.0%
ROA
-42.3%▼
2024 · -8.0%
Interest coverage
-24.38▼
2024 · -23.06
Debt
€2k▼
2024 · €32k
Debt ≤ 1 year
€2k▼
2024 · €32k
Income taxes
€2k▲
2024 · €20
Staff costs
€842▼
2024 · €2k
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€284k€32k▼
Fixed assets21/28€21k€14k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€20k€14k▼
Land and buildings22€11k€8k▼
Plant, machinery and equipment23€10k€5k▼
Financial fixed assets28€45€45▲
Current assets29/58€264k€18k▼
Amounts receivable within one year40/41€233k€8k▼
Trade receivables40€19k€2k▼
Other amounts receivable41€214k€6k▼
Cash at bank and in hand54/58€31k€10k▼
Equity and liabilities
Total equity and liabilities10/49€284k€32k▼
Equity10/15€253k€29k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€57k€9k▼
Distributable reserves133€57k€9k▼
Profit (loss) carried forward14€176k-
Amounts payable17/49€32k€2k▼
Amounts payable within one year42/48€32k€2k▼
Current portion of amounts payable after more than one year42€8k-
Trade debts44€11-
Suppliers440/4€11-
Advances received on contracts in progress46€20k-
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Remuneration, social security and pensions62€2k€842▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11k-
Other operating charges640/8€5k€454▼
Gross operating margin9900€8k€-3k▼
Operating profit (loss)9901€-23k€-11k▲
Financial income75/76B€312€290▼
Recurring financial income75€312€290▼
Financial charges65/66B€477€176▼
Recurring financial charges65€477€176▼
Profit (loss) for the period before taxes9903€-23k€-11k▲
Income taxes67/77€20€2k▲
Profit (loss) for the period9904€-23k€-13k▲
Profit (loss) for the period to be appropriated9905€-23k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€176k€162k▼
Profit (loss) brought forward from the previous period14P€199k€176k▼
Transfer from equity791/2-€48k
Profit to be distributed694/7-€210k
Return on contributions (dividend)694-€210k
The notes to these accounts (4 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 8.33
Current ratio from 4.12 to 8.33; short-term debt falls from €77k to €32k.
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-116k
Net result drops to €-116k, the lowest in the series; recovery starts the following year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
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, Aubel · 1 establishment unit since 1987
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.
Roebroek 224880 AubelGround area
1,297 m²
Building footprint
173 m²
Volume, LiDAR
1,027 m³
Parcel 63003C0417/00D000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GRILL DE LA CLOUSE
since 19872.029.678.478
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63003C0417/00D000 | Wallonia | 1,297 m² | 1 · 173 m² | 9.1 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.
Similar companies · same sector, comparable size
RESTO PLAN B
BE 0657.818.762
Pecq · Eq €29k
LeoNora
BE 1014.982.264
Nijlen · Eq €29k
EATHERICH
BE 0537.231.827
Sint-Gillis (bij-Brussel) · Eq €29k
LA LUNE CHEZ VIOLETTE
BE 0697.657.157
Halle · Eq €29k
Bar@Pasta & Concepts
BE 0783.314.293
Lontzen · Eq €29k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,433 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-1987
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.