Gunma
ActiveSummary
Gunma has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-371k) and a net result of €-42k. Equity is shrinking by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 6% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability53▲+20
Solvency3▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.0 in 2023; short-term debt: 39.4% and cash: 0.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
-2.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-371k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
26 d early
2022
24 d late
2021
7 d late
2020
27 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-371k▼ 12.7%
2023 · €-329k
2019: €-69khighest in 6 years
2020: €-139k▼ -102% vs 2019
2021: €-168k▼ -21.1% vs 2020
2022: €-250k▼ -48.7% vs 2021
2023: €-329k▼ -31.6% vs 2022
2024: €-371k▼ -12.7% vs 2023lowest in 6 years
2019 → 2024
Total assets
€1.65M▼ 6.8%
2023 · €1.77M
2019: €656klowest in 6 years
2020: €739k▲ +12.7% vs 2019
2021: €1.96M▲ +165% vs 2020highest in 6 years
2022: €1.94M▼ -1.1% vs 2021
2023: €1.77M▼ -8.4% vs 2022
2024: €1.65M▼ -6.8% vs 2023
2019 → 2024
Net result
€-42k▲ 47.2%
2023 · €-79k
2019: €-116klowest in 6 years
2020: €-70k▲ +39.8% vs 2019
2021: €-29k▲ +58.2% vs 2020highest in 6 years
2022: €-82k▼ -180% vs 2021
2023: €-79k▲ +3.6% vs 2022
2024: €-42k▲ +47.2% vs 2023
2019 → 2024
Working capital
€-636k▲ 1.8%
2023 · €-647k
2019: €-143khighest in 6 years
2020: €-157k▼ -9.6% vs 2019
2021: €-391k▼ -150% vs 2020
2022: €-612k▼ -56.3% vs 2021
2023: €-647k▼ -5.8% vs 2022lowest in 6 years
2024: €-636k▲ +1.8% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-139k-€-168k▼ 21.1%€-250k▼ 48.7%€-329k▼ 31.6%€-371k▼ 12.7%
2020: €-139khighest in 5 years
2021: €-168k▼ -21.1% vs 2020
2022: €-250k▼ -48.7% vs 2021
2023: €-329k▼ -31.6% vs 2022
2024: €-371k▼ -12.7% vs 2023lowest in 5 years
Operating result€-46k-€9k€-61k€-40k▲ 34.4%€-15k▲ 63.2%
2020: €-46k
2021: €9k▲ +119% vs 2020highest in 5 years
2022: €-61k▼ -788% vs 2021lowest in 5 years
2023: €-40k▲ +34.4% vs 2022
2024: €-15k▲ +63.2% vs 2023
Net result€-70k-€-29k▲ 58.2%€-82k▼ 180%€-79k▲ 3.6%€-42k▲ 47.2%
2020: €-70k
2021: €-29k▲ +58.2% vs 2020highest in 5 years
2022: €-82k▼ -180% vs 2021lowest in 5 years
2023: €-79k▲ +3.6% vs 2022
2024: €-42k▲ +47.2% vs 2023
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 €15k in 2024 against €40k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.65M
Fixed assets
€1.64M ▼ 7.6%
Current assets
€16k ▲ 1,111%
Key figures and ratios
EBITDA
€120k▲
2023 · €95k
Cash flow
€93k▲
2023 · €56k
Solvency
-22.4%▼
2023 · -18.6%
Current ratio
0.02▲
2023 · 0.00
Debt to equity
-5.46▲
2023 · -6.39
ROA
-2.5%▲
2023 · -4.5%
Interest coverage
4.44▲
2023 · 2.43
Debt
€2.02M▼
2023 · €2.10M
Debt ≤ 1 year
€651k▲
2023 · €649k
Debt > 1 year
€1.37M▼
2023 · €1.45M
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 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.77M€1.65M▼
Fixed assets21/28€1.77M€1.64M▼
Tangible fixed assets22/27€1.77M€1.64M▼
Land and buildings22€1.48M€1.43M▼
Plant, machinery and equipment23€288k€203k▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€1k€16k▲
Amounts receivable within one year40/41€0€2k▲
Trade receivables40€0€1k▲
Other amounts receivable41-€468
Cash at bank and in hand54/58€1k€14k▲
Deferred charges and accrued income490/1-€332
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.65M▼
Equity10/15€-329k€-371k▼
Contributions10/11€48k€48k=
Profit (loss) carried forward14€-377k€-419k▼
Amounts payable17/49€2.10M€2.02M▼
Amounts payable after more than one year17€1.45M€1.37M▼
Financial debts170/4€1.45M€1.37M▼
Amounts payable within one year42/48€649k€651k▲
Current portion of amounts payable after more than one year42€82k€91k▲
Trade debts44€7k€863▼
Suppliers440/4€7k€863▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€557k€557k=
Accrued charges and deferred income492/3-€2k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135k€135k▲
Other operating charges640/8€11k€12k▲
Gross operating margin9900€106k€132k▲
Operating profit (loss)9901€-40k€-15k▲
Financial charges65/66B€39k€27k▼
Recurring financial charges65€39k€27k▼
Profit (loss) for the period before taxes9903€-79k€-42k▲
Profit (loss) for the period9904€-79k€-42k▲
Profit (loss) for the period to be appropriated9905€-79k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-377k€-419k▼
Profit (loss) brought forward from the previous period14P€-298k€-377k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €30k | €129k | €135k | €135k | ▲ 0.1% |
| Other operating charges640/8 | - | €8k | €8k | €11k | €12k | ▲ 3.8% |
| Gross operating margin9900 | €-20k | €47k | €76k | €106k | €132k | ▲ 24.3% |
| Operating profit (loss)9901 | €-46k | €9k | €-61k | €-40k | €-15k | ▲ 63.2% |
| Financial charges65/66B | - | €38k | €21k | €39k | €27k | ▼ 30.9% |
| Recurring financial charges65 | €24k | €38k | €21k | €39k | €27k | ▼ 30.9% |
| Profit (loss) for the period before taxes9903 | €-70k | €-29k | €-82k | €-79k | €-42k | ▲ 47.2% |
| Profit (loss) for the period9904 | €-70k | €-29k | €-82k | €-79k | €-42k | ▲ 47.2% |
| Profit (loss) for the period to be appropriated9905 | €-70k | €-29k | €-82k | €-79k | €-42k | ▲ 47.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €739k | €1.96M | €1.94M | €1.77M | €1.65M | ▼ 6.8% |
| Fixed assets21/28 | €684k | €1.87M | €1.89M | €1.77M | €1.64M | ▼ 7.6% |
| Tangible fixed assets22/27 | €684k | €1.87M | €1.89M | €1.77M | €1.64M | ▼ 7.6% |
| Land and buildings22 | - | €1.48M | €1.52M | €1.48M | €1.43M | ▼ 3.2% |
| Plant, machinery and equipment23 | - | €385k | €368k | €288k | €203k | ▼ 29.6% |
| Furniture and vehicles24 | - | €7k | €5k | €4k | €2k | ▼ 38.0% |
| Current assets29/58 | €55k | €86k | €45k | €1k | €16k | ▲ 1,111% |
| Amounts receivable within one year40/41 | €2k | €62k | €30k | €0 | €2k | - |
| Trade receivables40 | - | €62k | €30k | €0 | €1k | - |
| Other amounts receivable41 | - | - | - | - | €468 | - |
| Cash at bank and in hand54/58 | €50k | €23k | €15k | €1k | €14k | ▲ 939% |
| Deferred charges and accrued income490/1 | - | €605 | €0 | - | €332 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €739k | €1.96M | €1.94M | €1.77M | €1.65M | ▼ 6.8% |
| Equity10/15 | €-139k | €-168k | €-250k | €-329k | €-371k | ▼ 12.7% |
| Contributions10/11 | - | €48k | €48k | €48k | €48k | = |
| Profit (loss) carried forward14 | €-187k | €-216k | €-298k | €-377k | €-419k | ▼ 11.1% |
| Amounts payable17/49 | €878k | €2.13M | €2.19M | €2.10M | €2.02M | ▼ 3.7% |
| Amounts payable after more than one year17 | €666k | €1.65M | €1.53M | €1.45M | €1.37M | ▼ 5.8% |
| Financial debts170/4 | - | €1.65M | €1.53M | €1.45M | €1.37M | ▼ 5.8% |
| Amounts payable within one year42/48 | €211k | €478k | €657k | €649k | €651k | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | - | - | €76k | €82k | €91k | ▲ 10.2% |
| Financial debts43 | - | €53k | - | - | - | - |
| Credit institutions430/8 | - | €53k | - | - | - | - |
| Trade debts44 | €8k | €3k | €21k | €7k | €863 | ▼ 87.0% |
| Suppliers440/4 | - | €3k | €21k | €7k | €863 | ▼ 87.0% |
| Advances received on contracts in progress46 | - | - | - | - | €3k | - |
| Taxes, remuneration and social security45 | - | €6k | €3k | €3k | €0 | ▼ 100% |
| Taxes450/3 | - | €6k | €3k | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €417k | €557k | €557k | €557k | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €2k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-70k | €-29k | €-82k | €-79k | €-42k | ▲ 47.2% |
| + Depreciation and write-downs630 | €19k | €30k | €129k | €135k | €135k | ▲ 0.1% |
| Operating cash flow (approximation) | €-52k | €1k | €47k | €56k | €93k | ▲ 67.1% |
| Investment in fixed assets (approximation) | - | €-1.22M | €-149k | €-15k | €0 | ▲ 100% |
| Change in cash | - | €-27k | €-8k | €-14k | €12k | ▲ 189% |
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
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
07-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 2018
Ground area
915 m²
Building footprint
351 m²
Volume, LiDAR
1,748 m³
Parcel 11051C0189/00H005, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Gunma
since 20182.286.819.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0189/00H005 | Flanders | 915 m² | 1 · 351 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
Phone
000000000000Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.