Gufo Group
ActiveThe computed 12-month bankruptcy probability of Gufo Group is 2.5% (moderate). The 2024 annual accounts show equity of €48k and a net result of €20k. Equity is growing by ~93.9% per year across the filed fiscal years. Its solvency ranks better than 24% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+1
Solvency47▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.47 in 2023; short-term debt: 66.9% and cash: 23.5% of total assets), and 77.6% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
22.4%
Return on assets
9.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
58 d early
2022
49 d early
2021
27 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€48k▲ 70.6%
2023 · €28k
2021: €6k
2022: €15k
2023: €28k
2021 → 2024
Total assets
€216k▲ 25.1%
2023 · €172k
2021: €55k
2022: €91k
2023: €172k
2021 → 2024
Net result
€20k▲ 47.5%
2023 · €14k
2021: €-4k
2022: €8k
2023: €14k
2021 → 2024
Working capital
€59k▲ 11.7%
2023 · €53k
2021: €-167
2022: €7k
2023: €53k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€6k-€15k▲ 129%€28k▲ 91.9%€48k▲ 70.6%
Operating result€-3k-€11k€22k▲ 101%€33k▲ 49.5%
Net result€-4k-€8k€14k▲ 63.1%€20k▲ 47.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 50% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €216k
Fixed assets
€12k▲ 104%
Current assets
€204k▲ 22.2%
Equity and liabilities €216k
Equity
€48k▲ 70.6%
Debt
€167k▲ 16.1%
The debt ratio falls from 83.6% to 77.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2023 · €25k
Cash flow
€22k▲
2023 · €16k
Solvency
22.4%▲
2023 · 16.4%
Current ratio
1.41▼
2023 · 1.47
Quick ratio
1.38▼
2023 · 1.40
Debt / equity
3.46▼
2023 · 5.09
ROE
41.4%▼
2023 · 47.9%
ROA
9.3%▲
2023 · 7.9%
Interest coverage
8.29▲
2023 · 7.85
Debt
€167k▲
2023 · €144k
Debt ≤ 1 year
€144k▲
2023 · €113k
Debt > 1 year
€23k▼
2023 · €31k
Income taxes
€9k▲
2023 · €5k
Staff costs
€69k▲
2023 · €64k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€172k€216k▲
Fixed assets21/28€6k€12k▲
Tangible fixed assets22/27€6k€12k▲
Plant, machinery and equipment23€6k€8k▲
Furniture and vehicles24€109€4k▲
Current assets29/58€166k€204k▲
Stocks and contracts in progress3€7k€4k▼
Stocks30/36€875€886▲
Contracts in progress37€7k€4k▼
Amounts receivable within one year40/41€126k€148k▲
Trade receivables40€115k€127k▲
Other amounts receivable41€11k€21k▲
Cash at bank and in hand54/58€33k€51k▲
Deferred charges and accrued income490/1€236€243▲
Equity and liabilities
Total equity and liabilities10/49€172k€216k▲
Equity10/15€28k€48k▲
Contributions10/11€10k€10k=
Reserves13€18k€38k▲
Distributable reserves133€18k€38k▲
Amounts payable17/49€144k€167k▲
Amounts payable after more than one year17€31k€23k▼
Financial debts170/4€31k€23k▼
Amounts payable within one year42/48€113k€144k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€58k€104k▲
Suppliers440/4€58k€104k▲
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€12k€8k▼
Other amounts payable47/48€36k€24k▼
Income statement
Code20232024
Remuneration, social security and pensions62€64k€69k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€414€60▼
Gross operating margin9900€91k€106k▲
Operating profit (loss)9901€22k€33k▲
Financial income75/76B€4€6▲
Recurring financial income75€4€6▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€19k€29k▲
Income taxes67/77€5k€9k▲
Profit (loss) for the period9904€14k€20k▲
Profit (loss) for the period to be appropriated9905€14k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€20k▲
Transfer to equity691/2€14k€20k▲
To other reserves6921€14k€20k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €20k ▲47.5%
Operating result €33k, net result €20k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, De Haan · 1 establishment unit since 2021
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.
Goedeluchtstraat 128420 De HaanGround area
100 m²
Building footprint
81 m²
Volume, LiDAR
911 m³
Parcel 31038B0050/00F004, Flanders · tallest building 14.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Gufo Group BV
since 20212.312.012.024
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31038B0050/00F004 | Flanders | 100 m² | 1 · 81 m² | 14.3 m · 5 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,074 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.