GYMP
ActiveGYMP has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €316k and a net result of €14k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 91 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▼-4
Solvency42▼-25
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.18 in 2023; short-term debt: 39.5% and cash: 21.2% of total assets), but 83% 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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 91 sector peers (2024).
NBB · sector comparisonPosition among 91 sector peers
Solvency
better than 19%
← weakest
strongest →
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
47 d early
2022
42 d early
2021
40 d early
2020
40 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€316k▼ 75.3%
2023 · €1.28M
2018: €724k
2019: €732k
2020: €774k
2021: €1.09M
2022: €1.26M
2023: €1.28M
2018 → 2024
Total assets
€1.86M▼ 38.9%
2023 · €3.05M
2018: €2.83M
2019: €2.70M
2020: €3.14M
2021: €2.95M
2022: €3.21M
2023: €3.05M
2018 → 2024
Net result
€14k▼ 37.9%
2023 · €22k
2018: €3k
2019: €9k
2020: €41k
2021: €317k
2022: €169k
2023: €22k
2018 → 2024
Working capital
€1.07M▼ 1.6%
2023 · €1.09M
2018: €404k
2019: €433k
2020: €527k
2021: €889k
2022: €1.03M
2023: €1.09M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€774k-€1.09M▲ 41.0%€1.26M▲ 15.5%€1.28M▲ 1.8%€316k▼ 75.3%
Operating result€144k-€261k▲ 81.5%€291k▲ 11.7%€140k▼ 51.9%€107k▼ 23.8%
Net result€41k-€317k▲ 667%€169k▼ 46.7%€22k▼ 86.9%€14k▼ 37.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 24% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.86M
Fixed assets
€60k▼ 94.2%
Current assets
€1.80M▼ 10.0%
Equity and liabilities €1.86M
Equity
€316k▼ 75.3%
Debt
€1.55M▼ 12.4%
The debt ratio rises from 57.9% to 83.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€138k▼
2023 · €234k
Cash flow
€45k▼
2023 · €116k
Solvency
17.0%▼
2023 · 42.1%
Current ratio
2.45▲
2023 · 2.18
Quick ratio
1.02▲
2023 · 0.96
Debt / equity
4.89▲
2023 · 1.38
ROE
4.3%▲
2023 · 1.7%
ROA
0.7%▲
2023 · 0.7%
Interest coverage
1.26▼
2023 · 1.69
Debt
€1.55M▼
2023 · €1.76M
Debt ≤ 1 year
€735k▼
2023 · €919k
Debt > 1 year
€811k▼
2023 · €846k
Income taxes
€6k▼
2023 · €9k
Staff costs
€836k▼
2023 · €862k
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€3.05M€1.86M▼
Fixed assets21/28€1.04M€60k▼
Intangible fixed assets21€19k€12k▼
Tangible fixed assets22/27€1.02M€45k▼
Land and buildings22€881k-
Plant, machinery and equipment23€128k€32k▼
Furniture and vehicles24€12k€13k▲
Financial fixed assets28€3k€3k=
Current assets29/58€2.00M€1.80M▼
Stocks and contracts in progress3€1.12M€1.05M▼
Stocks30/36€1.12M€1.05M▼
Amounts receivable within one year40/41€506k€356k▼
Trade receivables40€506k€356k▼
Other amounts receivable41€326€423▲
Cash at bank and in hand54/58€373k€394k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€3.05M€1.86M▼
Equity10/15€1.28M€316k▼
Contributions10/11€248k€62k▼
Capital10€248k€62k▼
Issued capital100€248k€62k▼
Reserves13€1.03M€255k▼
Non-distributable reserves130/1€44k€10k▼
Legal reserve130€44k€10k▼
Tax-exempt reserves132€19k€4k▼
Distributable reserves133€971k€240k▼
Amounts payable17/49€1.76M€1.55M▼
Amounts payable after more than one year17€846k€811k▼
Financial debts170/4€846k€811k▼
Amounts payable within one year42/48€919k€735k▼
Current portion of amounts payable after more than one year42€35k€35k▲
Trade debts44€595k€458k▼
Suppliers440/4€595k€458k▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€285k€233k▼
Taxes450/3€150k€94k▼
Remuneration and social security454/9€135k€139k▲
Other amounts payable47/48€4k€4k=
Income statement
Code20232024
Remuneration, social security and pensions62€862k€836k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€31k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€260▼
Other operating charges640/8€41k€11k▼
Non-recurring operating charges66A-€12k
Gross operating margin9900€1.14M€998k▼
Operating profit (loss)9901€140k€107k▼
Financial income75/76B€29k€22k▼
Recurring financial income75€29k€22k▼
Financial charges65/66B€139k€109k▼
Recurring financial charges65€139k€109k▼
Profit (loss) for the period before taxes9903€31k€19k▼
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€22k€14k▼
Profit (loss) for the period to be appropriated9905€22k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€14k▼
Transfer to equity691/2€22k€14k▼
To other reserves6921€22k€14k▼
Social balance
Average headcount (FTE)908717.717.8▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €317k ▲667%
Net result €317k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.09M ▲41%
4 profitable years in a row build equity to €1.09M.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Waregem · 1 establishment unit since 1992
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.
Waregemstraat 148792 WaregemGround area
759 m²
Building footprint
766 m²
Volume, LiDAR
2,875 m³
Parcel 34010B0267/00K002, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GYMP NV
since 19922.057.712.072
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0267/00K002 | Flanders | 759 m² | 1 · 766 m² | 4.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 25,177 EUR awarded · 23,831 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,254 EUR |
| 2024 | 1 | 3,600 EUR | 5,174 EUR |
| 2023 | 1 | 6,934 EUR | 1,760 EUR |
| 2022 | 2 | 14,643 EUR | 14,643 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MELODY NELSON
BE 0738.467.928
Namur · Eq €307k
INSIDER
BE 0542.865.052
Gent · Eq €304k
MAASSMEDIA
BE 0731.948.538
Antwerpen · Eq €302k
MUSTI
BE 0862.389.188
Antwerpen · Eq €337k
Tod-B Tailoring
BE 0607.958.584
Herentals · Eq €344k
Of 1,093 companies in sector 14210 we hold annual accounts for 212. 143 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-04-1992
Fiscal year end31-12
Activities, NACEBEL
14130Manufacture of wearing apparel
14210Manufacture of outerwear
18221
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.