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Gust Royal

Active
Private limited companyfounded 2016active for 9 yearsAarschotsebaan 181, 2590 Berlaar, BelgiumKBO/BCE: BE 0665.845.315

The file of Gust Royal contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show negative equity (-€151,475) and a net result of €8,835. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 14% of 1,899 sector peers (NACE 10, financial year 2025).

Overview

Official details

Source: KBO
Status
Active since 08-11-2016 Normal situation
Activity
Manufacture of cocoa, chocolate and sugar confectionery NACE 10820and 2 others
Joint committees
118 Paritair Comité voor de voedingsnijverheid
220 Paritair Comité voor de bedienden uit de voedingsnijverheid · annual accounts 2025
Establishment unit
2.260.328.741 2590 Berlaar, since 08-11-2016
Financial year end
31 December
Peppol
Reachable since 18-07-2025

Board and ownership

Last known board

Financial position

31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.0%
Annual accounts 2025
Gross margin
€134,746
▼ 25.2%
Turnover
≈ €340,000
estimated
Profit
€8,835
Equity
-€151,475
▲ 5.5%
Total assets
€697,962
▲ 11.3%
Staff
1 FTE
▼ 67.7%
  • €92,756 of overdue tax debts on 31-12-2025
  • €177,526 of overdue social security (RSZ) debts on 31-12-2025
  • Negative equity on 31-12-2025
Filed on 30-06-2026, 31 days before the deadline
Score breakdownraises riskReorganisation plan being carried out (approved, Gazette 20-02-2025)Negative equity -€151,475Sector: Manufacture of food products (NACE 10)lowers riskSize: total assets €697,962Show the evidence

Checked score

Score 2025
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 25% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Weak
Solvency 3+3
equity -21.7% of total assets
Liquidity 11+4
short-term debt 102.1% · cash 9.0%
Profitability 48+44
return on assets 1.3%
Bankruptcy probability within 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 03-2025: ≥ 25% 04-2025: ≥ 25%● unchanged vs 03-2025 05-2025: ≥ 25%● unchanged vs 04-2025 06-2025: ≥ 25%● unchanged vs 05-2025 07-2025: ≥ 25%● unchanged vs 06-2025highest value 08-2025: 16.7%▼ -14.0 percentage points vs 07-2025 09-2025: 16.7%● unchanged vs 08-2025 10-2025: 16.7%● unchanged vs 09-2025 11-2025: 16.7%● unchanged vs 10-2025 12-2025: 16.7%● unchanged vs 11-2025 01-2026: 16.6%▼ -0.1 percentage points vs 12-2025 02-2026: 16.6%● unchanged vs 01-2026 03-2026: 15.5%▼ -1.1 percentage points vs 02-2026 04-2026: 15.5%● unchanged vs 03-2026 05-2026: 15.6%▲ +0.1 percentage points vs 04-2026 06-2026: 15.6%● unchanged vs 05-2026 07-2026: 11.6%▼ -4.0 percentage points vs 06-2026 08-2026: 12.2%▲ +0.6 percentage points vs 07-2026 09-2026: 13.0%▲ +0.8 percentage points vs 08-2026 10-2026: 10.0%▼ -3.0 percentage points vs 09-2026lowest value 11-2026: 10.0%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.54 (0.42 in 2024), below 1. Short-term debt is 102.1% and cash 9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 13% of them on solvency, 8% on liquidity, 29% on profitability and 50% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 20-02-2025)
While the plan runs, the probability is at least 10.0%. That is the share of companies with a plan of that age that went bankrupt.
Belgian Official Gazette
raises risk · Negative equity -€151,475
NBB · annual accounts
lowers risk · Size: total assets €697,962
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1899 sector peers (2025).
NBB · sector comparison
Position among 1899 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
31 days early
2024
15 days early
2023
124 days early
2022
31 days late
2021
5 days late
2020
31 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€151,475 View
  • Caution: Less equity than 95% of companies in food productssector median €51,709 · 1,902 companies -€151,475 View
  • Positive: Back in profit in 2025after a loss of €76,273 in 2024 €8,835 View

Recent changes

  1. · Judicial reorganisation Plan homologationEnterprise Court of Antwerp · judgment of 17-02-2025
  2. · Judicial reorganisation Judicial reorganisation openedEnterprise Court of Antwerp · collective agreement · judgment of 21-10-2024
  3. · Gazette deed Changes of role: DEMEDTS Kevin (director) and BREMS Yenthel (director)
All 17 events

Comparable companies

These companies have the same main activity as Gust Royal: manufacture of cocoa, chocolate and sugar confectionery (NACE 10820). They are comparable in size and age: total assets between €408,000 and €766,000, founded between 2013 and 2019.

CompanyTotal assetsGross margin
Gust Royal Berlaar€697,962€134,746
BONGUSTA Blankenberge€752,561€162,252
CHOCOLATERIE MOLITOR Wavre€765,899€212,220
Goût Fou Zele€554,445€138,023
THEYSMANS Herk-de-Stad€422,582€101,921
JITSK Antwerpen€759,302€242,089
SJOLAA Mechelen€408,005€187,245
Full comparison

Key facts about Gust Royal

What is the company number of Gust Royal?
The company number of Gust Royal is 0665.845.315. The VAT number is the same number with BE in front: BE 0665.845.315.
Where is Gust Royal based?
The registered office is at Aarschotsebaan 181, 2590 Berlaar.Company details
What does Gust Royal do?
According to the KBO register, the main activity is manufacture of cocoa, chocolate and sugar confectionery (NACE 10820).
What is the legal form of Gust Royal?
The legal form of Gust Royal is Private limited company (BV).
When was Gust Royal founded?
Gust Royal was founded on 08-11-2016.
Is Gust Royal still active?
Yes, Gust Royal is an active enterprise in the KBO register.
How many employees does Gust Royal have?
Gust Royal had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Gust Royal fall under?
In its 2025 annual accounts, Gust Royal states joint committees 118 (Paritair Comité voor de voedingsnijverheid) and 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid).
What is the turnover of Gust Royal?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €134,746 and 2,213 comparable companies of the same size. It probably lies between €230,000 and €520,000. It is a rough estimate.
Is Gust Royal profitable?
In financial year 2025, Gust Royal made a profit of €8,835.
Where can I find the annual accounts of Gust Royal?
Gust Royal filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Gust Royal due?
Gust Royal must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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