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GY. O.

Active
Private limited company (pre-2019)founded 1999active for 27 yearsErnest Salustraat 52, 1020 Brussel, BelgiumKBO/BCE: BE 0466.146.465
Summary

The computed 12-month bankruptcy probability of GY. O. is 2.0% (moderate). The 2024 annual accounts show equity of €491,509 and a net result of -€70,838. Equity remains stable across the filed financial years (±0.7% per year). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known2 sites
Size
€150,951turnover 2024
Equity
€491,509
Loss
-€70,838
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Accounts 70 days overdue0 of 2 deeds read
Why 54raises risk1 financial year not filed after the legal deadline; latest accounts 212 days late; 3 of the last 3 lateLoss of €70,838, the second in a row (financial year 2024)Figures for financial year 2024 (filed 03-03-2026)lowers riskSize: turnover €150,951, total assets €721,824Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 93-1
equity 68.1% of total assets
Liquidity 86-1
short-term debt 31.9% · cash 66.5%
Profitability 18-42
return on assets -9.8%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 5.7% 12-2024: 6.9%▲ +1.2 percentage points vs 11-2024highest value 01-2025: 0.4%▼ -6.5 percentage points vs 12-2024 02-2025: 0.5%▲ +0.1 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.4%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.2 percentage points vs 09-2025 11-2025: 0.9%▲ +0.1 percentage points vs 10-2025 12-2025: 1.3%▲ +0.4 percentage points vs 11-2025 01-2026: 2.8%▲ +1.5 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.8%● unchanged vs 02-2026 04-2026: 1.4%▼ -1.4 percentage points vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.1%▼ -0.2 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.2 percentage points vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 2.0%▲ +0.6 percentage points vs 09-2026
Credit of up to €15,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 2.32, compared with 2.28 in 2023; short-term debt: 31.9% and cash: 66.5% of total assets), and 31.9% of the assets are financed with debt.
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 (no NACE code, micro): better than 57% on solvency, 77% on liquidity, 16% on profitability and 22% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Seven signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 212 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: turnover €150,951, total assets €721,824
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €70,838, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 03-03-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
1819222324
2018 to 2024 · latest year -€70,838
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-02-2026, 212 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
212 days late
2023
152 days late
2022
151 days late
2019
146 days late
2018
153 days late
2017
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 151 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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
Strikeout withdrawal
  1. Annual accounts filedfinancial year 2024 · full…
  2. Weakest financial yearnet -€70,838
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2024 -€70,838 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Active since 1999founded 02-06-1999 27 years View

By topic

Financials

Financial year
2024
Turnover
€150,951
Loss
-€70,838
Solvency
68.1%
Turnover▼ 15.8%
Net result
20182024
Go to Financials

Timeline

Events
26
Since
2000
  1. 29-12-2023Annual accounts filed
  2. 24-12-2020Annual accounts filed
  3. 31-12-2019Highest result from 2018 to 2024
Go to Timeline

Company details

Sites
2
Legal form
Private limited company (pre-2019)
Founded
02-06-1999
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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