GURNOOR
ActiveSummary
The computed 12-month bankruptcy probability of GURNOOR is 4.2% (elevated). The 2017 annual accounts show equity of €6,476 and a net result of €760. Equity is growing by about 48% per year across the filed financial years. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€207,430turnover 2017
- Equity
- €6,476
- Profit
- €760
Financial health
- Bankruptcy probabilitywithin 12 months
- 4.2%
2017 figures too old to score
Structure
Accounts 2633 days overdue1 of 5 deeds read
Signalsraises riskFigures for financial year 2017 (filed 19-07-2018)2 of the last 3 lateSize: turnover €207,430, total assets €43,387lowers riskLegal form: limited partnershipneutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017 · tick = 2016
Weak
Solvency
40-17
equity 14.9% of total assets
Liquidity
9-55
short-term debt 85.1% · cash 4.5%
Profitability
42-58
return on assets 1.8%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.7%highest value
12-2024: 4.7%● unchanged vs 11-2024highest value
01-2025: 4.7%● unchanged vs 12-2024highest value
02-2025: 4.7%● unchanged vs 01-2025highest value
03-2025: 4.7%● unchanged vs 02-2025highest value
04-2025: 4.7%● unchanged vs 03-2025highest value
05-2025: 4.7%● unchanged vs 04-2025highest value
06-2025: 4.7%● unchanged vs 05-2025highest value
07-2025: 4.7%● unchanged vs 06-2025highest value
08-2025: 4.7%● unchanged vs 07-2025highest value
09-2025: 4.7%● unchanged vs 08-2025highest value
10-2025: 4.5%▼ -0.2 percentage points vs 09-2025
11-2025: 4.6%▲ +0.1 percentage points vs 10-2025
12-2025: 4.6%● unchanged vs 11-2025
01-2026: 4.6%● unchanged vs 12-2025
02-2026: 4.6%● unchanged vs 01-2026
03-2026: 4.6%● unchanged vs 02-2026
04-2026: 4.6%● unchanged vs 03-2026
05-2026: 4.6%● unchanged vs 04-2026
06-2026: 4.6%● unchanged vs 05-2026
07-2026: 4.5%▼ -0.1 percentage points vs 06-2026
08-2026: 4.5%● unchanged vs 07-2026
09-2026: 4.5%● unchanged vs 08-2026
10-2026: 4.2%▼ -0.3 percentage points vs 09-2026lowest value
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Signals
Six signals.
lowers riskraises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2018 year end31-07-2019 deadline15-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 11-07-2018, 20 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Amendment of the articles · Legal-form…Gazette deed
- Annual accounts filedfinancial year 2017 · abbreviated…
- Annual accounts filedfinancial year 2016 · abbreviated…
Financials · financial year 2017, abbreviated format
2018 annual accounts not yet filed, deadline passed on 31 July 2019 Financial year closed on 31 December 2018; filing due at the latest 7 months after the close (Companies Code art. 3:10). 8 financial years without a filing since the last one filed. Source: NBB filings, as of 15 October 2026.
Turnover
€207,430▲ 16.8%
2016 · €177,641
EBIT margin
1.3%▼ 3.1pp
2016 · 4.5%
Net result
€760▼ 83.9%
2016 · €4,730
Working capital
€6,476▲ 13.3%
2016 · €5,715
Trend over the years
2015 to 2017, 3 financial years
The operating result falls in 2017; 2017 is 65% below 2016.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€207,430
2017
Operating result€2,788
2017
Net result€760
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€43,387
2017
Equity€6,476
2017
Debt€36,911
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€6,476
2017
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.3%
2017
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201520162017
Turnover€177,641€207,430▲ 16.8%
Operating result€7,977€2,788▼ 65.0%
Net result-€15-€4,730€760▼ 83.9%
EBIT margin4.5%1.3%▼ 3.1pp
Equity€985-€5,715▲ 480%€6,476▲ 13.3%
Total assets€1,000-€17,981▲ 1,698%€43,387▲ 141%
Debt€15-€12,265▲ 81,344%€36,911▲ 201%
Working capital€985-€5,715▲ 480%€6,476▲ 13.3%
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Equity and liabilities €43,387
Equity
€6,476 ▲ 13.3%
Debt
€36,911 ▲ 201%
Debt's share of the balance-sheet total rises from 68.2% to 85.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.18▼
2016 · 1.47
Quick ratio
0.23▼
2016 · 0.86
ROE
11.7%▼
2016 · 82.8%
ROA
1.8%▼
2016 · 26.3%
Debt ≤ 1 year
€36,911▲
2016 · €12,265
Income taxes
€647▼
2016 · €2,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Turnover70 | - | €177,641 | €207,430 | ▲ 16.8% |
| Gross operating margin9900 | €0 | €7,977 | €3,450 | ▼ 56.7% |
| Operating profit (loss)9901 | - | €7,977 | €2,788 | ▼ 65.0% |
| Recurring financial income75 | - | - | €0 | - |
| Recurring financial charges65 | - | €728 | €1,381 | ▲ 89.8% |
| Profit (loss) for the period before taxes9903 | - | €7,249 | €1,407 | ▼ 80.6% |
| Income taxes67/77 | €15 | €2,519 | €647 | ▼ 74.3% |
| Profit (loss) for the period9904 | -€15 | €4,730 | €760 | ▼ 83.9% |
| Profit (loss) for the period to be appropriated9905 | -€15 | €4,730 | €760 | ▼ 83.9% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1,000 | €17,981 | €43,387 | ▲ 141% |
| Current assets29/58 | €1,000 | €17,981 | €43,387 | ▲ 141% |
| Stocks and contracts in progress3 | - | €7,479 | €34,837 | ▲ 366% |
| Amounts receivable within one year40/41 | €1,000 | €358 | €5,095 | ▲ 1,322% |
| Cash at bank and in hand54/58 | - | €10,143 | €1,955 | ▼ 80.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1,000 | €17,981 | €43,387 | ▲ 141% |
| Equity10/15 | €985 | €5,715 | €6,476 | ▲ 13.3% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | €100 | €100 | = |
| Profit (loss) carried forward14 | -€15 | €4,615 | €5,376 | ▲ 16.5% |
| Amounts payable17/49 | €15 | €12,265 | €36,911 | ▲ 201% |
| Amounts payable within one year42/48 | €15 | €12,265 | €36,911 | ▲ 201% |
| Trade debts44 | - | €9,669 | €5,168 | ▼ 46.6% |
| Line | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15 | €4,730 | €760 | ▼ 83.9% |
| Operating cash flow (approximation) | -€15 | €4,730 | €760 | ▼ 83.9% |
| Change in cash | - | - | -€8,188 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2017 | abbreviated format | 11-07-2018 | 2018-32800526 |
| 31-12-2016 | abbreviated format | 30-09-2017 | 2017-65600535 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-57100165 |
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Of the 10,318 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,849. 2,931 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
1 ownerOwners 1
- Gurbachan Singhnatural personSourceown accounts 2017100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
No directors read yet: 1 of 5 Gazette acts processed.
History
Acts, filings and financial milestones
2025
10-02
Gazette deed
Amendment of the articles · Legal-form change2 facts ▸
Gazette deed
Amendment of the articles · Legal-form change
2 facts ▸
- General meeting, 18-12-2024
- Amendment of the articles
2018
11-07
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
30-09
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 61 days late
2016
31-12
Financial
Back to profitnet €4,730
Net result €4,730 after one loss-making year.
31-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formLimited partnership
Founded23-02-2015
Financial year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0598881463
Also
9925:BE0598881463
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 15 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGingelomunit no. 2.252.692.069
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gingelom · 1 establishment unit since 2016
Ground area
379 m²
Building footprint
166 m²
Parcel 71017B0184/00R004, Flanders. Linked by address, not a title deed.
1 establishment unit
Steenweg 140, 3890 Gingelom
since 2016unit no. 2.252.692.069
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71017B0184/00R004 | Flanders | 379 m² | 1 · 166 m² | - |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De exploitatie en het beheer van supermarkten,kruidenierszaken,nachtwinkels,tabakswinkels,met inbegrip van de…” (deed in Dutch)
17 activities (deed in Dutch)
- De exploitatie en het beheer van supermarkten,kruidenierszaken,nachtwinkels,tabakswinkels,met inbegrip van de aankoop,verkoop(groot-,halfgroot-en detailhandel),bemiddeling,import,export,verhuur,ontwerp,fabricage,reparatie,transformatie,exploitatie,distributie,uitgave en plaatsing van alle producten die direct of indirect verband houden met algemene voeding,alcoholische en niet-alcoholische dranken,likeuren en tabaksproducten.
- De exploitatie van een kapsalon,schoonheidsinstituut,pedicure en esthetische behandelingen.
- Aankoop,verkoop en verhuur van gebouwen en appartementen(REAL ESTATE).
- De exploitatie en het beheer van kledingwinkels,met inbegrip van de aankoop,verkoop,import en export(groot-,halfgroot-en detailhandel)van alle textielproducten,stoffen,lederwaren,herenkleding,dameskleding,kinderkleding,modeartikelen en accessoires.
- De exploitatie en het beheer van sportartikelenwinkeis,met inbegrip van de aankoop en verkoop(groot-,halfgroot-en detailhandel)van alle sportgerelateerde producten.
- De oprichting,inrichting,indeling,installatie,aankoop,verkoop,verhuur,beheer en exploitatie van horecagelegenheden,zoals onder andere,maar niet beperkt tot:Restaurants,drankgelegenheden,consumptiezalen,snackbars,theesalons,cafetaria's,cafés,estaminets,tavernes,bars,frituren,pizzeria's,hotels,motels en logiesverstrekkende huizen.
- Exploitatie en beheer van cateringdiensten,bereiding en verkoop van alle soorten afhaalmaaltijden,enz.
- Beheer en exploitatie van tankstations,verkoop van brandstoffen,smeermiddelen en afgeleide producten.
- Exploitatie en beheer van autowasstraten,inclusief reiniging van alle voertuigen(vrachtwagens,auto's,enz.).
- Houtkap,houtverwerking en transformatie.
- Exploitatie en beheer van wassalons.
- Exploitatie en beheer van boekhandels,telefoonhokjes,kopieerservices en diverse andere diensten,evenals de verkoop van modejuwelen.
- Aankoop,verkoop(groot-,halfgroot-en detailhandel),import en export van dvd's,cd's en alle soorten IT-materiaal.
- Het aanleggen,oordeelkundig uitbouwen en beheren van een onroerend en roerend vermogen;alle verrichtingen met betrekking tot onroerende en roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil,het beheer en de valorisatie van alle verhandelbare papieren,obligaties,en dergelijke.
- Het verwerven en aanhouden van participaties in eender welke vorm,in alle bestaande of op te richten industriële,commerciële,financiële,landbouw-of immobiliënondernemingen,het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- De vennootschap mag alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp en,in het algemeen,alle handelingen verrichten die van aard zouden zijn de verwezenlijking van haar voorwerp,geheel of ten dele,te vergemakkelijken,te bevorderen of te begunstigen.
- Carwash
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GURNOOR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan bevoegd tot oprichten in België en buitenland van bijhuizen,administratieve…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De enige zaakvoerder vertegenwoordigt alleen de vennootschap jegens derden en in rechte, als eiser of verweerder. Indien er twee of meer…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering bepaald,bij gebrek onbepaalde duur, bezoldigd tenzij algemene vergadering anders beslist” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vormen burgerlijk recht, aandelen,volle eigendom,vruchtgebruik,blote eigendom,overdracht onder levenden,overgang wegens overlijden” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Uittreding bij intentie niet langer deel te nemen, bij onderling overleg gekozen,bij gebrek voorzitter bevoegde rechtbank op verzoek een…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Behoudens vereenvoudigde ontbinding en vereffening conform artikel 2:80 WVV, besluit algemene vergadering met eenparigheid aanwezige en…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij besluit algemene vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen, na betaling schulden saldo naar…” (deed in Dutch)