GYDAN
ActiveGYDAN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €6k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+73
Solvency62▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 2.39 in 2024; short-term debt: 62.9% of total assets), and 62.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.1%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
68 d late
2023
27 d early
2022
29 d late
2021
75 d late
2020
79 d late
2019
105 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 9.3%
2024 · €69k
2018: €51k
2019: €15k
2020: €19k
2021: €28k
2022: €40k
2023: €95k
2024: €69k
2018 → 2025
Total assets
€204k▲ 80.5%
2024 · €113k
2018: €161k
2019: €161k
2020: €133k
2021: €147k
2022: €89k
2023: €152k
2024: €113k
2018 → 2025
Net result
€6k
2024 · €-26k
2018: €-26k
2019: €-36k
2020: €4k
2021: €10k
2022: €11k
2023: €55k
2024: €-26k
2018 → 2025
Working capital
€4k▼ 93.2%
2024 · €59k
2018: €42k
2019: €8k
2020: €16k
2021: €29k
2022: €36k
2023: €99k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€40k▲ 40.1%€95k▲ 139%€69k▼ 27.1%€76k▲ 9.3%
Operating result€12k-€12k▲ 4.5%€70k▲ 478%€-14k€10k
Net result€10k-€11k▲ 18.9%€55k▲ 387%€-26k€6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€72k▲ 560%
Current assets
€132k▲ 29.5%
Equity and liabilities €204k
Equity
€76k▲ 9.3%
Debt
€128k▲ 193%
The debt ratio rises from 38.7% to 62.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▲
2024 · €-12k
Cash flow
€13k▲
2024 · €-24k
Solvency
37.1%▼
2024 · 61.3%
Current ratio
1.03▼
2024 · 2.39
Quick ratio
0.84▼
2024 · 1.80
Debt / equity
1.70▲
2024 · 0.63
ROE
8.5%▲
2024 · -37.1%
ROA
3.1%▲
2024 · -22.7%
Interest coverage
6.25▲
2024 · -1.03
Debt
€128k▲
2024 · €44k
Debt ≤ 1 year
€128k▲
2024 · €43k
Income taxes
€882▲
2024 · €308
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€113k€204k▲
Fixed assets21/28€11k€72k▲
Intangible fixed assets21-€1k
Tangible fixed assets22/27€11k€70k▲
Land and buildings22€9k€35k▲
Plant, machinery and equipment23€359€31k▲
Furniture and vehicles24€2k€4k▲
Current assets29/58€102k€132k▲
Stocks and contracts in progress3€25k€25k=
Stocks30/36€25k€25k=
Amounts receivable within one year40/41€77k€72k▼
Trade receivables40€49k€43k▼
Other amounts receivable41€28k€30k▲
Deferred charges and accrued income490/1-€35k
Equity and liabilities
Total equity and liabilities10/49€113k€204k▲
Equity10/15€69k€76k▲
Contributions10/11€19k€19k=
Reserves13€41k€46k▲
Distributable reserves133€41k€46k▲
Profit (loss) carried forward14€9k€11k▲
Amounts payable17/49€44k€128k▲
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€43k€128k▲
Current portion of amounts payable after more than one year42€16k€2k▼
Financial debts43€802€7k▲
Credit institutions430/8€802€7k▲
Trade debts44€25k€114k▲
Suppliers440/4€25k€114k▲
Taxes, remuneration and social security45-€5k
Remuneration and social security454/9-€5k
Income statement
Code20242025
Non-recurring operating income76A-€400
Remuneration, social security and pensions62€182-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€449€920▲
Gross operating margin9900€-11k€18k▲
Operating profit (loss)9901€-14k€10k▲
Financial income75/76B€39€1▼
Recurring financial income75€39€1▼
Financial charges65/66B€12k€3k▼
Recurring financial charges65€12k€3k▼
Profit (loss) for the period before taxes9903€-25k€7k▲
Income taxes67/77€308€882▲
Profit (loss) for the period9904€-26k€6k▲
Profit (loss) for the period to be appropriated9905€-26k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€16k▲
Profit (loss) brought forward from the previous period14P€35k€9k▼
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €55k ▲387%
Operating result €70k, net result €55k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 75 days late
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 115 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2007
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
05-11-2007
Resigned as Manager
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2005
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.
Neremstraat 1023700 Tongeren-BorgloonGround area
3,665 m²
Building footprint
1,058 m²
Volume, LiDAR
5,778 m³
Parcel 73059A0659/00E000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gydan
since 20052.146.581.690
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73059A0659/00E000 | Flanders | 3,665 m² | 1 · 1,058 m² | 10.7 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
HMT Construct
BE 0759.917.596
Leuven · Eq €76k
BELUX CONCEPT
BE 0542.688.076
Etterbeek · Eq €76k
BM BOUW
BE 0772.404.169
Stekene · Eq €76k
ABC TECHNICS
BE 0455.160.721
Mons · Eq €75k
DeCo Design
BE 0451.489.567
Lanaken · Eq €75k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 6,238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2005
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.