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GUTTA

Active
Private limited companyfounded 2024active for 1 yearGrote Steenweg 3, 3454 Geetbets, BelgiumKBO/BCE: BE 1015.962.855

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

GUTTA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,249 and a net result of €52,249. Its solvency ranks better than 15% of 65 sector peers (NACE 36, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

KBO
Status
Active since 06-11-2024 Normal situation
Legal form
Private limited company
Registered office
Grote Steenweg 3, 3454 Geetbets
Activity
Water collection, treatment and supply NACE 36000and 1 other
Establishment unit
2.366.051.912 3454 Geetbets, since 06-11-2024
Financial year end
31 December
Peppol
Reachable since 12-11-2024

Who decides

Board
  • BleuBlueDirector · since 05-11-2024 · permanent representative SCHOUTERDEN Stijn Helena Louis

How it is doing

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€155,786
Turnover
≈ €390,000
estimated
Profit
€52,249
Equity
€55,249
Total assets
€489,937
Staff
1.1 FTE
2025 accounts 73 days early
Filed on 19-05-2026at the National Bank
Why 79raises riskFounded in 2024lowers riskSize: total assets €489,937Sector: Water collection, treatment and supply (NACE 36)Figures for financial year 2025 (filed 19-05-2026)Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 30% of its sector peers (NACE 36, micro)
Financial strength
Weak
Solvency 36
equity 11.3% of total assets
Liquidity 6
short-term debt 87.2% · cash 3.7%
Profitability 82
return on assets 10.7%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (44 companies, NACE 36, micro)
Last 24 months 12-2025: 1.0% 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.1%▲ +0.1 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.5%▼ -0.8 percentage points vs 05-2026lowest value 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, below the usual 1.5; short-term debt: 87.2% and cash: 3.7% of total assets), and 88.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 36, micro): better than 19% on solvency, 5% on liquidity and 67% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €489,937
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Water collection, treatment and supply (NACE 36)
KBO
lowers risk · Figures for financial year 2025 (filed 19-05-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 65 sector peers (2025).
NBB · sector comparison
Position among 65 sector peers
Solvency
better than 15%
← 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 19-05-2026, 73 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
73 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
19-05-2026
Format
micro format
Reference
2026-00115743
Turnover
≈ €390,000
Estimated: probably between €260,000 and €600,000
Total assets
€489,937
Net result
€52,249
Working capital
€16,741

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €489,937
Fixed assets €46,194
Current assets €443,744
Equity and liabilities €489,937
Equity €55,249
Debt €434,688
Debt finances 88.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€80,548
Cash flow
€58,836
Current ratio
1.04
Quick ratio
0.67
Debt to equity
7.87
ROE
94.6%
ROA
10.7%
Interest coverage
23.49
Debt ≤ 1 year
€427,002
Debt > 1 year
€7,686
Income taxes
€18,284
Staff costs
€72,953

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,390 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 · 49 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 19-05-2026.

Balance sheet Code2025
Assets
Total assets20/58€489,937
Fixed assets21/28€46,194
Tangible fixed assets22/27€46,194
Land and buildings22€14,844
Plant, machinery and equipment23€27,531
Furniture and vehicles24€3,819
Current assets29/58€443,744
Stocks and contracts in progress3€156,613
Stocks30/36€108,493
Contracts in progress37€48,120
Amounts receivable within one year40/41€268,471
Trade receivables40€228,921
Other amounts receivable41€39,551
Cash at bank and in hand54/58€18,199
Deferred charges and accrued income490/1€461
Equity and liabilities
Total equity and liabilities10/49€489,937
Equity10/15€55,249
Contributions10/11€3,000
Reserves13€52,249
Distributable reserves133€52,249
Amounts payable17/49€434,688
Amounts payable after more than one year17€7,686
Financial debts170/4€7,686
Amounts payable within one year42/48€427,002
Current portion of amounts payable after more than one year42€7,314
Financial debts43€80,000
Credit institutions430/8€80,000
Trade debts44€231,647
Suppliers440/4€231,647
Taxes, remuneration and social security45€36,179
Taxes450/3€20,736
Remuneration and social security454/9€15,443
Other amounts payable47/48€71,862
Income statement Code2025
Remuneration, social security and pensions62€72,953
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,587
Other operating charges640/8€2,285
Gross operating margin9900€155,786
Operating profit (loss)9901€73,961
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€3,429
Recurring financial charges65€3,429
Profit (loss) for the period before taxes9903€70,533
Income taxes67/77€18,284
Profit (loss) for the period9904€52,249
Profit (loss) for the period to be appropriated9905€52,249
Appropriation of the result
Profit (loss) to be appropriated9906€52,249
Transfer to equity691/2€52,249
To other reserves6921€52,249

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Remuneration, social security and pensions62€72,953
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,587
Other operating charges640/8€2,285
Gross operating margin9900€155,786
Operating profit (loss)9901€73,961
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€3,429
Recurring financial charges65€3,429
Profit (loss) for the period before taxes9903€70,533
Income taxes67/77€18,284
Profit (loss) for the period9904€52,249
Profit (loss) for the period to be appropriated9905€52,249
Line2025
Assets
Total assets20/58€489,937
Fixed assets21/28€46,194
Tangible fixed assets22/27€46,194
Land and buildings22€14,844
Plant, machinery and equipment23€27,531
Furniture and vehicles24€3,819
Current assets29/58€443,744
Stocks and contracts in progress3€156,613
Stocks30/36€108,493
Contracts in progress37€48,120
Amounts receivable within one year40/41€268,471
Trade receivables40€228,921
Other amounts receivable41€39,551
Cash at bank and in hand54/58€18,199
Deferred charges and accrued income490/1€461
Equity and liabilities
Total equity and liabilities10/49€489,937
Equity10/15€55,249
Contributions10/11€3,000
Reserves13€52,249
Distributable reserves133€52,249
Amounts payable17/49€434,688
Amounts payable after more than one year17€7,686
Financial debts170/4€7,686
Amounts payable within one year42/48€427,002
Current portion of amounts payable after more than one year42€7,314
Financial debts43€80,000
Credit institutions430/8€80,000
Trade debts44€231,647
Suppliers440/4€231,647
Taxes, remuneration and social security45€36,179
Taxes450/3€20,736
Remuneration and social security454/9€15,443
Other amounts payable47/48€71,862
Line2025
Profit (loss) for the period9904€52,249
+ Depreciation and write-downs630€6,587
Operating cash flow (approximation)€58,836

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-05-2026 2026-00115743 NBB

Similar companies · same sector, comparable size

Of the 134 active companies whose main activity is water collection, treatment and supply (NACE 36000), figures are known for 72. 33 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €3,938 awarded · €3,938 paid
Schemes
1 entry · €3,938 · €3,938 paid · Vlaams Agentschap voor Internationaal Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024

Board 1

BleuBlue
Director (not named in the articles) · since 05-11-2024 · Private limited company · permanent representative: SCHOUTERDEN Stijn Helena Louis · in the 2025 annual accounts, filed on 19-05-2026
Current

Permanent representatives 1

SCHOUTERDEN Stijn Helena Louis
Permanent representative · appointed in the act of 08-11-2024 · for BleuBlue
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BleuBlue
  • Director (not named in the articles), appointed in the act of 08-11-2024, still in office
See the board, name and registered office on a given date →

How the board is organised

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder”

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 08-11-2024

Owners and capital

Owners

1 owner

Chain of control

  1. BleuBlue 100%
  2. GUTTA

Owners 1

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 08-11-2024 ↗
  • BLEUBLUE (BE 0845.052.914) 100 shares (100%) · €3,000
Capital over the years
  1. 08-11-2024 Incorporation · €3,000 · 100 shares

Other provisions of the articles of association

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Bestemming van de winst - reserves, algemene vergadering”
Other provision: “Eenparig door comparanten, Slot- en overgangsbepalingen - uitwerking”

Articles of association, deed of 08-11-2024 (in Dutch)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 6 November 2024, GUTTA was incorporated as a private limited company by BLEUBLUE, with a starting capital of €3,000.12 BleuBlue has served as director of the company since 2024.3 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-11-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
19-05
NBB filing Annual accounts filedNBB
financial year 2025 · micro format
2024
08-11
Gazette deed Incorporation
Appointment: BLEUBLUE (director) · Permanent representative: SCHOUTERDEN Stijn Helena Louis · Founder14 facts ▸
  • Founder, BLEUBLUE
  • Incorporation, “GUTTA” (deed in Dutch)
  • Other provision, “overeenkomstig artikel 12 van de statuten, vertegenwoordiging voor oprichtingsakte” (deed in Dutch)
  • Founding capital, €3,000
  • Bank account, “ING Bank”, 3000 (deed in Dutch)
  • Other provision, “bevestiging deponering overeenkomstig Wetboek van vennootschappen en verenigingen” (deed in Dutch)
  • Registered office clause, “3454 Geetbets (Rummen), Grote Steenweg 3” (deed in Dutch)
  • Board rule, 1
  • Director appointment, BLEUBLUE (director (not named in the articles))
  • Permanent representative, SCHOUTERDEN Stijn Helena Louis
  • Power of attorney, PIRARD Wouter
  • Pre-incorporation commitments, “takeover, alle verbintenissen, verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • +2 further facts in this act

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name GUTTA in Dutch
Enterprise number 1015.962.855
Legal form Private limited company
Status Active, normale toestand
Founded 06-11-2024
Type Legal entity

Where it is based

Registered office Grote Steenweg 3, 3454 Geetbets, Belgium
Establishments 1 establishment unit since 2024

What it does

NACEBEL 2025
36000 Water collection, treatment and supply main activity
25110 Manufacture of metal structures and parts of structures

Invoicing and payment

VAT number BE 1015.962.855
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1015962855
Also 9925:BE1015962855
Registered 12-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GUTTA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, Artikel 2”

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Thursday of June at 18:00

Articles of association, deed of 08-11-2024 (in Dutch)

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
4 companies at this address See who is registered here
1 establishment unit
GUTTA
Grote Steenweg 3, 3454 GeetbetsWater collection, treatment and supply
since 2024unit no. 2.366.051.912

Buildings and parcels at the address

Ground area
1,038 m²
Building footprint
153 m²
Building volume
707 m³
Parcel 24095C0296/00S000, Flanders · tallest building 8.6 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24095C0296/00S000 Flanders 1,038 m² 1 · 153 m² 8.6 m · 1