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Gust

Active
Private limited companyfounded 20242 yrs activeGeneraal De Ceuninckstraat 27, 2800 Mechelen, BelgiumKBO/BCE: BE 1005.481.115
Summary

The computed 12-month bankruptcy probability of Gust is 2.2% (moderate). The 2025 annual accounts show equity of €325 and a net result of €225. Its solvency ranks better than 10% of 1910 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes
Profitability70
Solvency26
Growth-
Track record59
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more 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 2025
Solvency, return and age of the figures
Solvency
1.4%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1910 sector peers (2025).
NBB · sector comparison
Position among 1910 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 1 filing
Deviation from the deadline
2025
22 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address strikeout annulled

History

On 1 February 2024, Gust was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€325
Total assets
€22,672
Net result
€225
Working capital
-€1,510

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €21,513
Fixed assets €18,361
Current assets €3,152
Equity and liabilities €22,672
Equity €325
Debt €22,347
Debt finances 98.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€7,775
Cash flow
€7,549
Current ratio
0.68
ROA
1.0%
Interest coverage
82.71
Debt ≤ 1 year
€4,662
Debt > 1 year
€17,685
Income taxes
€132
Equity ratios withheld: equity of €325 is too small for a meaningful ratio.

Peer companies

Historical observation

Of the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
4.9% went bankrupt
2.1% stopped otherwise
92% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€22,672
Formation expenses20€1,159
Fixed assets21/28€18,361
Intangible fixed assets21€16,812
Tangible fixed assets22/27€1,549
Plant, machinery and equipment23€1,549
Current assets29/58€3,152
Amounts receivable within one year40/41€2,531
Trade receivables40€1,344
Other amounts receivable41€1,187
Cash at bank and in hand54/58€1
Deferred charges and accrued income490/1€620
Equity and liabilities
Total equity and liabilities10/49€22,672
Equity10/15€325
Contributions10/11€100
Profit (loss) carried forward14€225
Amounts payable17/49€22,347
Amounts payable after more than one year17€17,685
Financial debts170/4€17,685
Amounts payable within one year42/48€4,662
Taxes, remuneration and social security45€4,601
Taxes450/3€108
Remuneration and social security454/9€4,493
Other amounts payable47/48€61
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,324
Other operating charges640/8€1,733
Gross operating margin9900€9,508
Operating profit (loss)9901€451
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€357
Income taxes67/77€132
Profit (loss) for the period9904€225
Profit (loss) for the period to be appropriated9905€225
Appropriation of the result
Profit (loss) to be appropriated9906€225

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,324
Other operating charges640/8€1,733
Gross operating margin9900€9,508
Operating profit (loss)9901€451
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€357
Income taxes67/77€132
Profit (loss) for the period9904€225
Profit (loss) for the period to be appropriated9905€225
Line2025
Assets
Total assets20/58€22,672
Formation expenses20€1,159
Fixed assets21/28€18,361
Intangible fixed assets21€16,812
Tangible fixed assets22/27€1,549
Plant, machinery and equipment23€1,549
Current assets29/58€3,152
Amounts receivable within one year40/41€2,531
Trade receivables40€1,344
Other amounts receivable41€1,187
Cash at bank and in hand54/58€1
Deferred charges and accrued income490/1€620
Equity and liabilities
Total equity and liabilities10/49€22,672
Equity10/15€325
Contributions10/11€100
Profit (loss) carried forward14€225
Amounts payable17/49€22,347
Amounts payable after more than one year17€17,685
Financial debts170/4€17,685
Amounts payable within one year42/48€4,662
Taxes, remuneration and social security45€4,601
Taxes450/3€108
Remuneration and social security454/9€4,493
Other amounts payable47/48€61
Line2025
Profit (loss) for the period9904€225
+ Depreciation and write-downs630€7,324
Operating cash flow (approximation)€7,549

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
03-10
KBO administration Address strikeout annulled
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
123 m²
Building footprint
77 m²
Volume, LiDAR
591 m³
Parcel 12402B0238/00D002, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gust
Generaal De Ceuninckstraat 27, 2800 MechelenManufacture of rubber and plastic products
since 20242.355.726.558
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12402B0238/00D002 Flanders 123 m² 1 · 77 m² 12.4 m · 3 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 6,264 EUR awarded · 6,264 EUR paid
Year Entries awardedpaid
2024 1 6,264 EUR6,264 EUR
Schemes
1 entry · 6,264 EUR · 6,264 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 980 companies in sector 25401 we hold annual accounts for 407. 10 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
25999Manufacture of fabricated metal products, except machinery and equipment
41001General construction of residential buildings
43240Other construction installation
43990Other specialised construction activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.