GUMPTION
ActiveSummary
GUMPTION has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.2m and a net result of €866,612. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 934 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
- 2025 Net result +727% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.2m | €1.0m | €2.2m | €1.9m | €1.5m | ▼ 21.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €295,307 | €308,505 | €412,840 | €438,750 | €527,223 | ▲ 20.2% |
| Other operating charges640/8 | €29,380 | €19,246 | €23,760 | €37,520 | €21,067 | ▼ 43.9% |
| Non-recurring operating charges66A | €0 | €1.3m | €0 | - | - | - |
| Gross operating margin9900 | €173,575 | €3.6m | €788,176 | €2.2m | €1.8m | ▼ 19.3% |
| Operating profit (loss)9901 | -€1.3m | €875,691 | -€1.8m | -€144,535 | -€238,361 | ▼ 64.9% |
| Financial income75/76B | €258,013 | €95,664 | €959,536 | €345,697 | €1.2m | ▲ 251% |
| Recurring financial income75 | €244,200 | €95,664 | €188,909 | €315,164 | €219,305 | ▼ 30.4% |
| Non-recurring financial income76B | €13,814 | €0 | €770,627 | €30,533 | €993,203 | ▲ 3,153% |
| Financial charges65/66B | €39,036 | €75,540 | €287,951 | €73,842 | €109,698 | ▲ 48.6% |
| Recurring financial charges65 | €39,036 | €75,540 | €78,055 | €73,842 | €94,086 | ▲ 27.4% |
| Non-recurring financial charges66B | - | - | €209,896 | €0 | €15,612 | - |
| Profit (loss) for the period before taxes9903 | -€1.1m | €895,815 | -€1.1m | €127,320 | €864,449 | ▲ 579% |
| Transfer from deferred taxes780 | €6,681 | €3,501 | €5,307 | €4,869 | €4,869 | = |
| Income taxes67/77 | €0 | €4,712 | €3,957 | €27,363 | €2,706 | ▼ 90.1% |
| Profit (loss) for the period9904 | -€1.1m | €894,604 | -€1.1m | €104,826 | €866,612 | ▲ 727% |
| Transfer from tax-exempt reserves789 | €20,042 | €11,816 | €14,607 | €14,607 | €14,607 | = |
| Profit (loss) for the period to be appropriated9905 | -€1.1m | €906,421 | -€1.1m | €119,433 | €881,219 | ▲ 638% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.8m | €22.7m | €22.4m | €23.2m | €25.8m | ▲ 10.8% |
| Fixed assets21/28 | €10.4m | €9.0m | €14.4m | €14.7m | €18.1m | ▲ 23.2% |
| Intangible fixed assets21 | €399,933 | €771,031 | €590,877 | €520,460 | €315,732 | ▼ 39.3% |
| Tangible fixed assets22/27 | €1.6m | €1.4m | €1.4m | €1.3m | €2.5m | ▲ 97.0% |
| Land and buildings22 | €1.1m | €1.1m | €972,738 | €892,739 | €2.1m | ▲ 138% |
| Plant, machinery and equipment23 | €289,720 | €216,770 | €132,330 | €72,374 | €39,173 | ▼ 45.9% |
| Furniture and vehicles24 | €45,305 | €36,792 | €70,068 | €80,877 | €62,594 | ▼ 22.6% |
| Other tangible fixed assets26 | €98,771 | €83,471 | €125,327 | €229,434 | €255,744 | ▲ 11.5% |
| Assets under construction and advance payments27 | €42,891 | €0 | €98,519 | €0 | €31,219 | - |
| Financial fixed assets28 | €8.4m | €6.8m | €12.4m | €12.9m | €15.3m | ▲ 18.4% |
| Current assets29/58 | €9.4m | €13.7m | €8.0m | €8.6m | €7.7m | ▼ 10.4% |
| Amounts receivable after more than one year29 | €522,750 | €647,750 | €1.1m | €647,750 | €647,750 | = |
| Trade receivables290 | €522,750 | - | €500,000 | €0 | - | - |
| Other amounts receivable291 | - | €647,750 | €647,750 | €647,750 | €647,750 | = |
| Amounts receivable within one year40/41 | €7.7m | €8.8m | €6.5m | €7.0m | €6.5m | ▼ 6.6% |
| Trade receivables40 | €906,673 | €1.1m | €2.5m | €3.1m | €2.8m | ▼ 8.6% |
| Other amounts receivable41 | €6.8m | €7.7m | €4.0m | €3.9m | €3.7m | ▼ 5.0% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €978,913 | €4.1m | €144,089 | €723,240 | €304,072 | ▼ 58.0% |
| Deferred charges and accrued income490/1 | €223,153 | €82,682 | €189,822 | €201,204 | €191,685 | ▼ 4.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.8m | €22.7m | €22.4m | €23.2m | €25.8m | ▲ 10.8% |
| Equity10/15 | €15.6m | €20.6m | €19.5m | €19.6m | €21.2m | ▲ 8.3% |
| Contributions10/11 | €120,000 | €7.6m | €7.6m | €7.6m | €7.6m | = |
| Capital10 | €120,000 | €7.6m | €7.6m | €7.6m | €7.6m | = |
| Issued capital100 | €120,000 | €7.6m | €7.6m | €7.6m | €7.6m | = |
| Revaluation surpluses12 | €3.8m | €468,000 | €468,000 | €468,000 | €1.8m | ▲ 279% |
| Reserves13 | €93,515 | €831,698 | €817,091 | €802,484 | €884,459 | ▲ 10.2% |
| Non-distributable reserves130/1 | €12,000 | €762,000 | €762,000 | €762,000 | €762,000 | = |
| Legal reserve130 | €12,000 | €762,000 | €762,000 | €762,000 | €762,000 | = |
| Tax-exempt reserves132 | €81,515 | €69,698 | €55,091 | €40,484 | €25,877 | ▼ 36.1% |
| Distributable reserves133 | - | - | - | - | €96,582 | - |
| Profit (loss) carried forward14 | €11.5m | €11.7m | €10.6m | €10.7m | €10.9m | ▲ 2.2% |
| Provisions and deferred taxes16 | €27,172 | €23,670 | €18,364 | €13,495 | €8,626 | ▼ 36.1% |
| Deferred taxes168 | €27,172 | €23,670 | €18,364 | €13,495 | €8,626 | ▼ 36.1% |
| Amounts payable17/49 | €4.2m | €2.0m | €2.9m | €3.7m | €4.6m | ▲ 24.7% |
| Amounts payable after more than one year17 | €824,505 | €692,835 | €790,648 | €799,814 | €641,399 | ▼ 19.8% |
| Financial debts170/4 | €824,505 | €692,835 | €790,648 | €799,814 | €641,399 | ▼ 19.8% |
| Amounts payable within one year42/48 | €2.9m | €1.3m | €2.1m | €2.8m | €3.8m | ▲ 36.3% |
| Current portion of amounts payable after more than one year42 | €217,218 | €175,200 | €152,187 | €156,737 | €159,862 | ▲ 2.0% |
| Financial debts43 | €255,270 | €0 | €73,907 | €129,047 | €933,733 | ▲ 624% |
| Credit institutions430/8 | €255,270 | €0 | €73,907 | €129,047 | €933,733 | ▲ 624% |
| Trade debts44 | €915,967 | €718,540 | €1.5m | €2.1m | €1.9m | ▼ 10.8% |
| Suppliers440/4 | €915,967 | €718,540 | €1.5m | €2.1m | €1.9m | ▼ 10.8% |
| Taxes, remuneration and social security45 | €152,342 | €53,794 | €326,793 | €389,744 | €225,014 | ▼ 42.3% |
| Taxes450/3 | €0 | €40,116 | €72,273 | €233,184 | €84,280 | ▼ 63.9% |
| Remuneration and social security454/9 | €152,342 | €13,678 | €254,520 | €156,560 | €140,735 | ▼ 10.1% |
| Other amounts payable47/48 | €1.3m | €387,581 | €106,461 | €43,020 | €647,752 | ▲ 1,406% |
| Accrued charges and deferred income492/3 | €489,608 | €0 | €11,212 | €38,663 | €76,536 | ▲ 98.0% |
| Line | 2022 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.1m | €894,604 | -€1.1m | €104,826 | €866,612 | ▲ 727% |
| + Depreciation and write-downs630 | €295,307 | €308,505 | €412,840 | €438,750 | €527,223 | ▲ 20.2% |
| Operating cash flow (approximation) | -€828,563 | €1.2m | -€728,667 | €543,576 | €1.4m | ▲ 156% |
| Investment in fixed assets (approximation) | - | - | -€5.8m | -€714,201 | -€3.9m | ▼ 451% |
| Change in cash | - | - | -€4.0m | €579,151 | -€419,167 | ▼ 172% |
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
17-09
State Gazette act
Reappointments: Embrechts Consulting, Cyclion and 2 othersPermanent representatives: Bart Embrechts, Nicolas van Odijk and 2 others · Appointments: Embrechts Consulting (managing director) and Cyclion (managing director) · Declaration16 facts ▸
- General meeting, 26-06-2026
- Director reappointment, Embrechts Consulting (director)
- Permanent representative, Bart Embrechts (permanent representative)
- Declaration, ratification of acts, 26-06-2026
- Director reappointment, Cyclion (director)
- Permanent representative, Nicolas van Odijk (permanent representative)
- Declaration, ratification of acts, 26-06-2026
- Director reappointment, Innovato (director)
- Permanent representative, Dieter Oversteyns (permanent representative)
- Declaration, ratification of acts, 26-06-2026
- Director reappointment, Amaso (director)
- Permanent representative, Olivier Leroy (permanent representative)
- +4 further facts in this act
Show earlier events
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 4
Day-to-day management 2
Permanent representatives 4
Not every act has been read: a resignation may be missing here
6 establishment units
6 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0037/00L007 | Flanders | 6,856 m² | 1 · 2,547 m² | 18.2 m · 5 fl. |
| 25112N0017/00W000 | Wallonia | 5,580 m² | 1 · 448 m² | 14.2 m · 4 fl. |
| 11024G0018/00L000 | Flanders | 4,007 m² | 1 · 1,313 m² | 6.1 m · 1 fl. |
| 11024G0012/00G000 | Flanders | 3,107 m² | 1 · 2,879 m² | 8.9 m · 2 fl. |
| 71303B1298/00M004 | Flanders | 2,963 m² | 1 · 1,879 m² | 41.0 m · 1 fl. |
| 44028D0012/00C000 | Flanders | 326 m² | 1 · 221 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Amaso |
|
| CYCLION |
|
| EMBRECHTS CONSULTING |
|
| Innovato |
|
Structure & network
Owners and holdings
13 holdings · 20 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 13
-
100%
-
100%
-
100%
-
100%
-
80%
-
69.94%
-
56%
-
51%
-
51%
-
50.11%
Show 3 more holdings
-
24%
-
20.38%
-
16.39%
All subsidiaries, including indirect ones 20
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- BLACKBOXED 100%
- Gumption BVNL 100%
- Gumption SALU 100%
Upsta 100%1 subsidiary
- STUDIO EMMA 100%
PANDAS 80%1 subsidiary
- PURPLE PANDA 100%
TheValueChain International 69.94%4 subsidiaries
- Canguru SASFR 100%
- TheValueChain 100%
- TheValueChain HXM 90%
- TheValueChain BVNL 84.11%
Airwave 51%2 subsidiaries
- RANK1 100%
- CloudSisters 51%
- valueXstream 51%
- GEOSPARC 50.11%
According to the 2025 annual accounts of GUMPTION and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
4 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
Ownership & control
1 board mandatePublic money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,742 EUR awarded · 1,571 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 118 EUR | 118 EUR |
| 2024 | 1 | 240 EUR | 240 EUR |
| 2023 | 1 | 1,213 EUR | 1,213 EUR |
| 2022 | 1 | 171 EUR | 0 EUR |
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.