GUMABO Estates
ActiveSummary
The computed 12-month bankruptcy probability of GUMABO Estates is 2.6% (moderate). The 2024 annual accounts show equity of €21k and a net result of €7k. Equity is growing by ~40.4% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28=
Solvency25=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.23 against 1.8 in 2023; short-term debt: 34.3% and cash: 4.9% of total assets), but 99.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
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 16-07-2025, 15 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
48 d early
2022
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€21k▲ 56.4%
2023 · €13k
2022: €10k
2023: €13k
2022 → 2024
Total assets
€7.87M▲ 28.0%
2023 · €6.15M
2022: €4.17M
2023: €6.15M
2022 → 2024
Net result
€7k▲ 131%
2023 · €3k
2022: €7k
2023: €3k
2022 → 2024
Working capital
€3.31M▲ 20.8%
2023 · €2.74M
2022: €1.47M
2023: €2.74M
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€10k-€13k▲ 32.3%€21k▲ 56.4%
Operating result€35k-€86k▲ 147%€150k▲ 73.7%
Net result€7k-€3k▼ 56.8%€7k▲ 131%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 74% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.87M
Fixed assets
€1.86M ▲ 116,066%
Current assets
€6.01M ▼ 2.3%
Equity and liabilities €7.87M
Equity
€21k ▲ 56.4%
Debt
€7.85M ▲ 27.9%
Debt's share of the balance-sheet total stays at 99.7%.
Key figures and ratios
EBITDA
€163k▲
2023 · €87k
Cash flow
€20k▲
2023 · €4k
Current ratio
2.23▲
2023 · 1.80
Quick ratio
0.14▲
2023 · 0.03
ROE
36.0%▲
2023 · 24.4%
ROA
0.1%▲
2023 · 0.1%
Interest coverage
1.08=
2023 · 1.08
Debt ≤ 1 year
€2.70M▼
2023 · €3.41M
Debt > 1 year
€5.15M▲
2023 · €2.70M
Income taxes
€6k▼
2023 · €6k
A ratio outside any meaningful range has been withheld (balance sheet total €7.87M, equity €21k).
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.15M€7.87M▲
Fixed assets21/28€2k€1.86M▲
Tangible fixed assets22/27€2k€1.85M▲
Land and buildings22-€1.81M
Plant, machinery and equipment23-€2k
Furniture and vehicles24€2k€629▼
Assets under construction and advance payments27-€36k
Financial fixed assets28€0€10k▲
Current assets29/58€6.15M€6.01M▼
Stocks and contracts in progress3€6.06M€5.62M▼
Stocks30/36€6.06M€5.62M▼
Amounts receivable within one year40/41€0-
Trade receivables40€0-
Cash at bank and in hand54/58€82k€384k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€6.15M€7.87M▲
Equity10/15€13k€21k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€11k€18k▲
Amounts payable17/49€6.14M€7.85M▲
Amounts payable after more than one year17€2.70M€5.15M▲
Financial debts170/4€2.70M€5.15M▲
Amounts payable within one year42/48€3.41M€2.70M▼
Current portion of amounts payable after more than one year42€1.46M€33k▼
Financial debts43€1.71M€2.50M▲
Credit institutions430/8€1.71M€2.50M▲
Trade debts44€137k€69k▼
Suppliers440/4€137k€69k▼
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Other amounts payable47/48€88k€87k▼
Accrued charges and deferred income492/3€29k€409▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€973€13k▲
Other operating charges640/8€384€3k▲
Gross operating margin9900€88k€166k▲
Operating profit (loss)9901€86k€150k▲
Financial income75/76B€4k€14k▲
Recurring financial income75€4k€14k▲
Financial charges65/66B€81k€150k▲
Recurring financial charges65€81k€150k▲
Profit (loss) for the period before taxes9903€9k€13k▲
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€3k€7k▲
Profit (loss) for the period to be appropriated9905€3k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€18k▲
Profit (loss) brought forward from the previous period14P€7k€11k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼56.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Knokke-Heist · 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.
Hoge Polder 238300 Knokke-HeistGround area
362 m²
Building footprint
145 m²
Volume, LiDAR
898 m³
Parcel 31333H0755/00N000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GUMABO Estates
since 20212.323.224.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31333H0755/00N000 | Flanders | 362 m² | 1 · 145 m² | 12.3 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.