Summary
Conclusion
the dossier summarised in one paragraphThe file of GUSTO contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 12.9% (high). The 2024 annual accounts show negative equity (€-451k) and a net result of €229k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 10% of 543 sector peers (fiscal year 2024).
Based on the State Gazette, CBE and 8 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 eventsTrust signals
1 signalAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -45.6% | 19.1% | |
| Net result | €229k | €18k | |
| Equity | €-451k | €63k | |
| Gross operating margin | €797k | €291k | |
| Staff costs | €450k | €239k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €285k |
| Net profit | €229k |
| Cash flow | €281k |
| Staff costs | €450k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €989k |
| Equity | €-451k |
| Debt | €1.44M |
| of which ≤ 1y | €440k |
| of which > 1y | €1.00M |
| Working capital | €226k |
| Employees (FTE) | 8.3 |
| 2024 | |
|---|---|
| Current ratio | 1.51 |
| Quick ratio | 1.51 |
| Working capital ratio | 22.9% |
| Solvency | -45.6% |
| Debt / equity | -3.19 |
| Long-term debt ratio | -2.22 |
| Interest coverage | 129.27 |
| Gross margin | - |
| Net margin | - |
| ROA | 23.2% |
| ROE | -50.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €989k |
| Fixed assets | 21/28 | €322k |
| Tangible fixed assets | 22/27 | €301k |
| Financial fixed assets | 28 | €21k |
| Current assets | 29/58 | €666k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €568k |
| Cash & bank | 54/58 | €89k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €989k |
| Equity | 10/15 | €-451k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €1.34M |
| Accumulated profits (losses) | 14 | €-1.86M |
| Amounts payable | 17/49 | €1.44M |
| Amounts payable after one year | 17 | €1.00M |
| Amounts payable within one year | 42/48 | €440k |
| Trade debts payable within one year | 44 | €354k |
| Income statement | ||
| Gross operating margin | 9900 | €797k |
| Operating result | 9901 | €233k |
| Financial income | 75 | €23 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €231k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €229k |
| Result to be appropriated | 9905 | €229k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0012/00D008 | Flanders | 1,123 m² | 1 · 535 m² | 15.2 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
2 events from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
2 acts08-01-2024 Publication in the Belgian Official Gazette, Minor change
09-02-2023 Registered office moved from Antwerpen to Schoten
- De Burburestraat 6 bus 8-2000 Antwerpen, Vlaams Gewest → Kopstraat 346-348 2900 Schoten
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch profitability in particular.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | GUSTO |