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GYJAN

Active
Private limited company (pre-2019)founded 200916 yrs activeKortestraat 14, 3545 Halen, BelgiumKBO/BCE: BE 0820.954.748
Summary

GYJAN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86,172 and a net result of €175,554. Equity is shrinking by ~15% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+29
Solvency74▼-6
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.69 in 2023; short-term debt: 50.2% and cash: 50% of total assets), and 50.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 d early
2024
28 d late
2023
76 d early
2022
4 d early
2021
30 d late
2020
4 d early
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 27 July (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GYJAN was incorporated on 13 November 2009.1 The registered office was moved to Halen in 2026.2 The board currently has 3 members; Steven Wynants has served longest, since 2026.2 Total assets fell from EUR 238,810 in 2018 to EUR 174,350 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-05-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet

Equity
€86,172▼ 17.1%
2023 · €103,913
Total assets
€174,350▼ 8.4%
2023 · €190,394
Net result
€175,554▲ 5,216%
2023 · €3,303
Working capital
€1,411
2023 · -€20,118
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€4,342▼ 78.0%€10,816▲ 149%€11,013▲ 1.8%€4,830▼ 56.1%€241,544▲ 4,901%
Net result€6,803▼ 48.9%€7,290▲ 7.1%€7,353▲ 0.9%€3,303▼ 55.1%€175,554▲ 5,216%
Equity€101,795▼ 58.8%€109,084▲ 7.2%€100,611▼ 7.8%€103,913▲ 3.3%€86,172▼ 17.1%
Total assets€384,339▲ 51.3%€213,951▼ 44.3%€198,261▼ 7.3%€190,394▼ 4.0%€174,350▼ 8.4%
Debt€282,545▲ 3,899%€104,867▼ 62.9%€97,651▼ 6.9%€86,480▼ 11.4%€88,178▲ 2.0%
Working capital€8,936▼ 84.4%€4,616▼ 48.3%-€12,252-€20,118▼ 64.2%€1,411
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Net result +5,216% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2020: €4,342€4,342Net result 2020: €6,803€6,803Operating result 2021: €10,816€10,816Net result 2021: €7,290€7,290Operating result 2022: €11,013€11,013Net result 2022: €7,353€7,353Operating result 2023: €4,830€4,830Net result 2023: €3,303€3,303Operating result 2024: €241,544€241,544Net result 2024: €175,554€175,55420202021202220232024€0€100,000€200,000Operating result 2022: €11,013€11,000Net result 2022: €7,353€7,350Operating result 2023: €4,830€4,830Net result 2023: €3,303Operating result 2024: €241,544€242,000Net result 2024: €175,554€176,000202220232024
The operating result recovers in 2024; 2024 is 4,901% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €174,350
Fixed assets €85,461 ▼ 41.7%
Current assets €88,889 ▲ 103%
Equity and liabilities €174,350
Equity €86,172 ▼ 17.1%
Debt €88,178 ▲ 2.0%
Debt's share of the balance-sheet total rises from 45.4% to 50.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€254,453▲
2023 · €21,979
Cash flow
€188,463▲
2023 · €20,452
Current ratio
1.02▲
2023 · 0.69
Debt to equity
1.02▲
2023 · 0.83
ROE
203.7%▲
2023 · 3.2%
ROA
100.7%▲
2023 · 1.7%
Interest coverage
390.60▲
2023 · 21.11
Debt ≤ 1 year
€87,478▲
2023 · €64,013
Income taxes
€65,757▲
2023 · €1,681
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% 1.0%
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% 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 34,696 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 · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€190,394€174,350▼
Fixed assets21/28€146,499€85,461▼
Tangible fixed assets22/27€146,499€85,461▼
Land and buildings22€146,305€85,461▼
Plant, machinery and equipment23€194-
Current assets29/58€43,895€88,889▲
Amounts receivable within one year40/41€39,719€1,716▼
Trade receivables40€14,664€1,716▼
Other amounts receivable41€25,055-
Cash at bank and in hand54/58€1,220€87,173▲
Deferred charges and accrued income490/1€2,957-
Equity and liabilities
Total equity and liabilities10/49€190,394€174,350▼
Equity10/15€103,913€86,172▼
Contributions10/11€52,798€52,798=
Reserves13€51,115€33,374▼
Non-distributable reserves130/1€11€11=
Reserves not available under the articles1311-€11
Other1319€11-
Distributable reserves133€51,104€33,363▼
Amounts payable17/49€86,480€88,178▲
Amounts payable after more than one year17€19,754-
Financial debts170/4€19,754-
Amounts payable within one year42/48€64,013€87,478▲
Current portion of amounts payable after more than one year42€26,071€19,754▼
Financial debts43€1,186-
Credit institutions430/8€1,186-
Trade debts44€20,879€1,967▼
Suppliers440/4€20,879€1,967▼
Taxes, remuneration and social security45-€65,757
Taxes450/3-€65,757
Other amounts payable47/48€15,877-
Accrued charges and deferred income492/3€2,714€700▼
Income statement Code20232024
Non-recurring operating income76A-€232,066
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,149€12,909▼
Other operating charges640/8€448€17,927▲
Gross operating margin9900€22,427€272,381▲
Operating profit (loss)9901€4,830€241,544▲
Financial income75/76B€1,195€419▼
Recurring financial income75€1,195€419▼
Financial charges65/66B€1,041€651▼
Recurring financial charges65€1,041€651▼
Profit (loss) for the period before taxes9903€4,984€241,311▲
Income taxes67/77€1,681€65,757▲
Profit (loss) for the period9904€3,303€175,554▲
Profit (loss) for the period to be appropriated9905€3,303€175,554▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,303€175,554▲
Transfer from equity791/2-€51,104
Transfer to equity691/2€3,303€33,363▲
To other reserves6921€3,303€33,363▲
Profit to be distributed694/7-€193,295
Return on contributions (dividend)694-€193,295

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€232,066-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,982€16,773€16,890€17,149€12,909▼ 24.7%
Other operating charges640/8-€6,469€6,577€448€17,927▲ 3,900%
Gross operating margin9900€26,594€34,058€34,479€22,427€272,381▲ 1,115%
Operating profit (loss)9901€4,342€10,816€11,013€4,830€241,544▲ 4,901%
Financial income75/76B-€1,327€1,218€1,195€419▼ 64.9%
Recurring financial income75€6,727€1,327€1,218€1,195€419▼ 64.9%
Financial charges65/66B-€1,581€1,302€1,041€651▼ 37.4%
Recurring financial charges65€1,102€1,581€1,302€1,041€651▼ 37.4%
Profit (loss) for the period before taxes9903€9,967€10,562€10,928€4,984€241,311▲ 4,742%
Income taxes67/77€3,163€3,273€3,575€1,681€65,757▲ 3,811%
Profit (loss) for the period9904€6,803€7,290€7,353€3,303€175,554▲ 5,216%
Profit (loss) for the period to be appropriated9905€6,803€7,290€7,353€3,303€175,554▲ 5,216%
Line20202021202220232024Change
Assets
Total assets20/58€384,339€213,951€198,261€190,394€174,350▼ 8.4%
Fixed assets21/28€190,884€177,341€160,451€146,499€85,461▼ 41.7%
Tangible fixed assets22/27€190,884€177,341€160,451€146,499€85,461▼ 41.7%
Land and buildings22-€176,972€160,169€146,305€85,461▼ 41.6%
Plant, machinery and equipment23-€369€281€194--
Current assets29/58€193,455€36,610€37,811€43,895€88,889▲ 103%
Amounts receivable within one year40/41€158,105€20,870€26,160€39,719€1,716▼ 95.7%
Trade receivables40-€2,852-€14,664€1,716▼ 88.3%
Other amounts receivable41-€18,019€26,160€25,055--
Cash at bank and in hand54/58€28,372€11,626€9,476€1,220€87,173▲ 7,047%
Deferred charges and accrued income490/1-€4,114€2,174€2,957--
Equity and liabilities
Total equity and liabilities10/49€384,339€213,951€198,261€190,394€174,350▼ 8.4%
Equity10/15€101,795€109,084€100,611€103,913€86,172▼ 17.1%
Contributions10/11-€52,798€52,798€52,798€52,798=
Reserves13€48,996€56,286€47,812€51,115€33,374▼ 34.7%
Non-distributable reserves130/1---€11€11=
Reserves not available under the articles1311----€11-
Other1319---€11--
Distributable reserves133-€56,286€47,812€51,104€33,363▼ 34.7%
Amounts payable17/49€282,545€104,867€97,651€86,480€88,178▲ 2.0%
Amounts payable after more than one year17€97,069€71,596€45,824€19,754--
Financial debts170/4-€71,596€45,824€19,754--
Amounts payable within one year42/48€184,518€31,994€50,063€64,013€87,478▲ 36.7%
Current portion of amounts payable after more than one year42-€25,474€25,771€26,071€19,754▼ 24.2%
Financial debts43-€2,013€1,678€1,186--
Credit institutions430/8---€1,186--
Other loans439-€2,013€1,678---
Trade debts44€1,480€4,294€6,736€20,879€1,967▼ 90.6%
Suppliers440/4-€4,294€6,736€20,879€1,967▼ 90.6%
Taxes, remuneration and social security45-€163--€65,757-
Taxes450/3-€163--€65,757-
Other amounts payable47/48-€50€15,877€15,877--
Accrued charges and deferred income492/3-€1,277€1,764€2,714€700▼ 74.2%
Line20202021202220232024Change
Profit (loss) for the period9904€6,803€7,290€7,353€3,303€175,554▲ 5,216%
+ Depreciation and write-downs630€15,982€16,773€16,890€17,149€12,909▼ 24.7%
Operating cash flow (approximation)€22,786€24,062€24,243€20,452€188,463▲ 822%
Investment in fixed assets (approximation)--€3,229€0-€3,197€48,128▲ 1,605%
Change in cash--€16,746-€2,150-€8,257€85,953▲ 1,141%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-08
State Gazette act Permanent representative: Steven Wynants
Appointment: Vak- en Decoratiehandel (director) · Correction3 facts ▸
  • Correction, uitsluitend tot het herstellen van een materiële vergissing van 25 februari 2026, rectification of material error in officer appointment
  • Permanent representative, Steven Wynants (permanent representative)
  • Director appointment, Vak- en Decoratiehandel (director)
19-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
22-05
State Gazette act Resignation: Luc Verjans (non-statutory director)
Appointments: VAK- & DECORATIEHANDEL (non-statutory director) and STEVEN WYNANTS (non-statutory director) · Permanent representative: STEVEN WYNANTS · Registered-office move6 facts ▸
  • General meeting, 25-02-2026
  • Director resignation, Luc Verjans (non-statutory director)
  • Director appointment, VAK- & DECORATIEHANDEL (non-statutory director)
  • Director appointment, STEVEN WYNANTS (non-statutory director)
  • Registered-office move, Kortestraat 14, 3545 Halen
  • Permanent representative, STEVEN WYNANTS (permanent representative)
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial Highest result since 2018net €175,554 ▲5,216%
Operating result €241,544, net result €175,554, both a record.
16-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €3,303 ▼55.1%
Net result drops to €3,303, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
16-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 2 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 directors, last change in 2026

Board 3

Steven Wynants
Non-statutory director · since 25-02-2026
Current
VAK- & DECORATIEHANDEL
Non-statutory director · since 25-02-2026 · Legal entity · perm. rep.: STEVEN WYNANTS
Current
Vak- en Decoratiehandel
Director · since 25-02-2026 · Legal entity · perm. rep.: Steven Wynants
Current

Permanent representatives 1

STEVEN WYNANTS
Permanent representative · since 25-02-2026 · for VAK- & DECORATIEHANDEL
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Halen · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
748 m²
Building footprint
187 m²
Volume, LiDAR
1,132 m³
Parcel 71063B0357/00L000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Gyjan
Kortestraat 14, 3545 HalenConstruction of residential and non-residential buildings
since 20092.184.232.439
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71063B0357/00L000 Flanders 747 m² 1 · 187 m² 9.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

4 people since 2026, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Steven Wynants
  • Non-statutory director, from 25-02-2026 to date
VAK- & DECORATIEHANDEL
  • Non-statutory director, from 25-02-2026 to date
Vak- en Decoratiehandel
  • Director, from 25-02-2026 to date
Luc Verjans
  • Non-statutory director, until 25-02-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. VAK-& DECORATIEHANDEL 100%
  2. GYJAN

Highest known parent: VAK-& DECORATIEHANDEL. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 current directors
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, scroll to zoom.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded13-11-2009
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 1 October 2026 · Peppol Directory

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