GYP PRODUCTS

Active

Private limited companyfounded 2018active for 8 yearsDe Leiteweg 17, 8020 Oostkamp, BelgiumKBO/BCE: BE 0699.678.915

Summary

GYP PRODUCTS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,809 and a net result of €25,442. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 34% of 9,778 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow Report Compare

GYP PRODUCTSActiveChecked score 80/100

Risk analysis Report Compare

Activity

Wholesale of other household goods

NACE 46499

1 site

Size

≈ €1.4mturnover 2025, estimated

Staff: 2.2 FTE
Equity: €198,809
Profit: €25,442

Turnover estimated from the gross margin

Financial health

80 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.5%

Structure

Parent: LOTAS · 100%

LOTASDirector · permanent representative VAN HUELE Thomas Michel

2025 accounts 2 days early1 of 2 deeds summarised

Why 80raises riskLiquidity: current ratio 1.27, cash €28,927Founded in 2018lowers riskFigures for financial year 2025 (filed 05-08-2026)Size: 2.2 FTE, total assets €729,730Show the evidence

Checked score

Score 2025

80 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 32% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 52+7

equity 27.2% of total assets

Liquidity 16-1

short-term debt 71.7% · cash 4.0%

Profitability 57-22

return on assets 3.5%

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)

Last 24 months 11-2024: 0.9% 12-2024: 1.0%▲ +0.1 percentage points vs 11-2024 01-2025: 1.1%▲ +0.1 percentage points vs 12-2024 02-2025: 0.5%▼ -0.6 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: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 0.7%▲ +0.1 percentage points vs 11-2025 01-2026: 0.9%▲ +0.2 percentage points vs 12-2025 02-2026: 1.4%▲ +0.5 percentage points vs 01-2026 03-2026: 1.6%▲ +0.2 percentage points vs 02-2026 04-2026: 3.0%▲ +1.4 percentage points vs 03-2026 05-2026: 3.1%▲ +0.1 percentage points vs 04-2026 06-2026: 3.4%▲ +0.3 percentage points vs 05-2026 07-2026: 4.4%▲ +1.0 percentage point vs 06-2026highest value 08-2026: 0.6%▼ -3.8 percentage points vs 07-2026 09-2026: 0.5%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value

Credit of up to €15,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.27, compared with 1.19 in 2024, below the usual 1.5; short-term debt: 71.7% and cash: 4% of total assets), and 72.8% of the assets are financed with debt and provisions.

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 (NACE 46, micro): better than 38% on solvency, 16% on liquidity and 43% on profitability.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.

lowers riskraises riskneutral

Figures for financial year 2025 (filed 05-08-2026)

NBB · annual accounts

Liquidity: current ratio 1.27, cash €28,927

NBB · annual accounts

Size: 2.2 FTE, total assets €729,730

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2018

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

2 days early

2024

1 day early

2023

1 day early

2022

on the day

2021

11 days late

2020

2 days early

2019

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

29-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
02-04-2025 Resignations: LOTAS (manager) and PROVOOST Charlotte…Appointment: LOTAS (director) · Permanent…
30-01-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Controlled by LOTAS 100% View
Positive: 6 profitable years in a rowprofit 2025: €25,442 6 years View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Total assets: €729,730
Profit: €25,442
Solvency: 27.2%

Total assets▼ 14.5%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member
Parent: LOTAS · 100%

LOTASDirector

Go to Board & ownership

Timeline

Events: 12
Since: 2020

30-06-2024Highest result from 2019 to 2025
30-06-2024Equity above €150,000
30-01-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Wholesale of other household goodsNACE 46499
Founded: 06-07-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 33

Who signs: Each director alone
Purpose: “De groot-en kleinhandel in,de handelsbemiddeling in,de import en export van,de distributie…” (deed in Dutch)

Go to Articles of association

Key facts about GYP PRODUCTS

What is the company number of GYP PRODUCTS?: 0699.678.915. In Belgium the VAT number is the company number with BE in front: BE 0699.678.915.
Where is GYP PRODUCTS based?: The registered office is at De Leiteweg 17, 8020 Oostkamp.Company details
What does GYP PRODUCTS do?: According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
What is the legal form of GYP PRODUCTS?: Private limited company (BV).
When was GYP PRODUCTS founded?: On 06-07-2018.
Is GYP PRODUCTS still active?: Yes, GYP PRODUCTS is an active enterprise in the KBO register.
How many employees does GYP PRODUCTS have?: On average 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GYP PRODUCTS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GYP PRODUCTS profitable?: In financial year 2025, GYP PRODUCTS made a profit of €25,442.
Where can I find the annual accounts of GYP PRODUCTS?: GYP PRODUCTS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.