Guy Vangestel
ActiveGuy Vangestel has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €201k and a net result of €17k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-32
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 18.24 against 11.93 in 2023; short-term debt: 3.7% and cash: 65.1% of total assets), and 4.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
44 d late
2022
31 d late
2021
5 d early
2020
33 d early
2019
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€201k▲ 9.3%
2023 · €184k
2018: €98k
2019: €114k
2020: €129k
2021: €140k
2022: €151k
2023: €184k
2018 → 2024
Total assets
€210k▲ 8.4%
2023 · €194k
2018: €108k
2019: €140k
2020: €158k
2021: €162k
2022: €170k
2023: €194k
2018 → 2024
Net result
€17k▼ 49.1%
2023 · €34k
2018: €5k
2019: €15k
2020: €15k
2021: €11k
2022: €11k
2023: €34k
2018 → 2024
Working capital
€134k▲ 27.6%
2023 · €105k
2018: €94k
2019: €84k
2020: €83k
2021: €104k
2022: €126k
2023: €105k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€129k-€140k▲ 8.4%€151k▲ 7.9%€184k▲ 22.3%€201k▲ 9.3%
Operating result€21k-€16k▼ 21.2%€17k▲ 0.9%€44k▲ 165%€23k▼ 47.2%
Net result€15k-€11k▼ 28.4%€11k▲ 1.2%€34k▲ 206%€17k▼ 49.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets
€69k▼ 13.7%
Current assets
€141k▲ 23.7%
Equity and liabilities €210k
Equity
€201k▲ 9.3%
Debt
€9k▼ 9.4%
The debt ratio falls from 4.9% to 4.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▼
2023 · €61k
Cash flow
€39k▼
2023 · €50k
Solvency
95.9%▲
2023 · 95.1%
Current ratio
18.24▲
2023 · 11.93
Quick ratio
18.24▲
2023 · 10.57
Debt / equity
0.04▼
2023 · 0.05
ROE
8.5%▼
2023 · 18.2%
ROA
8.1%▼
2023 · 17.3%
Interest coverage
-24068.00▼
2023 · 155.27
Debt
€9k▼
2023 · €10k
Debt ≤ 1 year
€8k▼
2023 · €10k
Income taxes
€7k▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€194k€210k▲
Fixed assets21/28€79k€69k▼
Tangible fixed assets22/27€79k€69k▼
Plant, machinery and equipment23-€9k
Furniture and vehicles24€79k€59k▼
Current assets29/58€114k€141k▲
Stocks and contracts in progress3€13k€0▼
Stocks30/36€2k€0▼
Contracts in progress37€12k€0▼
Amounts receivable within one year40/41€6k€2k▼
Trade receivables40€5k€0▼
Other amounts receivable41€951€2k▲
Cash at bank and in hand54/58€93k€137k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€194k€210k▲
Equity10/15€184k€201k▲
Contributions10/11€19k€19k=
Reserves13€159k€176k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€159k€176k▲
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€10k€8k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€1k€204▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€5k€5k▼
Accrued charges and deferred income492/3€0€927▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€22k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€62k€47k▼
Operating profit (loss)9901€44k€23k▼
Financial income75/76B€690€619▼
Recurring financial income75€690€619▼
Financial charges65/66B€392€-2▼
Recurring financial charges65€392€-2▼
Profit (loss) for the period before taxes9903€44k€24k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€34k€17k▼
Profit (loss) for the period to be appropriated9905€34k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€23k▼
Profit (loss) brought forward from the previous period14P€6k€6k=
Transfer to equity691/2€34k€17k▼
To other reserves6921€34k€17k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €201k ▲9.3%
7 profitable years in a row build equity to €201k.
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Highest result since 2018net €34k ▲206%
Operating result €44k, net result €34k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €150kEq €151k ▲7.9%
5 profitable years in a row build equity to €151k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
31-12
Financial
Equity above €100kEq €114k ▲15.8%
2 profitable years in a row build equity to €114k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Retie · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oude Arendonksebaan 862470 RetieGround area
674 m²
Building footprint
177 m²
Volume, LiDAR
956 m³
Parcel 13036C0148/00H002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Guy Vangestel
since 20082.173.379.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036C0148/00H002 | Flanders | 674 m² | 1 · 176 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TRIGONA FRERES ET FILS
BE 0401.427.174
Namur · Eq €201k
PLEISTERWERKEN VANDECASTEELE
BE 0479.640.056
Oostkamp · Eq €201k
GLOBAL SERVICES
BE 0691.638.605
Brussel · Eq €201k
TOTAL CONCEPT
BE 0474.834.202
Elsene · Eq €202k
A.V.V. CONSTRUCT
BE 0836.312.224
Lasne · Eq €200k
Of 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,370 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2008
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.