Financials
- Fiscal year
- 2025
- Total assets
- €135,432
- Loss
- -€59,027
- Solvency
- 97.5%
Total assets▼ 31.1%
Net result
20182025
GYPEN
ActiveSummary
GYPEN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,090 and a net result of -€59,027. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 95% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Other specialised construction activities
NACE 43990NACE 43999NACE 45250
1 site
Size
€135,432total assets 2025
- Equity
- €132,090
- Loss
- -€59,027
Turnover not published (abridged schema)
Structure
Accounts on time0 of 4 deeds read
Why 92- Loss of €59,027, the second in a row (FY 2025)+ Liquidity: current ratio 31.97, cash €80,361+ Equity €132,090 (97.5% of total assets)+ Size: total assets €135,432Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Better than 51% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 97.5% of total assets
Liquidity
100=
short-term debt 2.5% · cash 59.3%
Profitability
0=
return on assets -43.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 10 months
01-2026: 0.2%highest value
02-2026: 0.1%▼ -66.0% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.1%● 0.0% vs 03-2026
05-2026: 0.1%▼ -1.4% vs 04-2026
06-2026: 0.1%▼ -2.8% vs 05-2026lowest value
07-2026: 0.1%▲ +10.0% vs 06-2026
08-2026: 0.1%▲ +66.2% vs 07-2026
09-2026: 0.1%● 0.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- Loss of €59,027, the second in a row (FY 2025) raises the probability
- Liquidity: current ratio 31.97, cash €80,361 lowers the probability
- Equity €132,090 (97.5% of total assets) lowers the probability
- Size: total assets €135,432 lowers the probability for this profile
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 31.97 against 28.67 in 2024; short-term debt: 2.5% and cash: 59.3% of total assets), and 2.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 98%, profitability 4%, growth against the median 13%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€59,027
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d early
2023
13 d early
2022
11 d late
2021
38 d early
2020
40 d early
2019
49 d 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 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed 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 19 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity triplescurrent ratio 28.67
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-07-2026Annual accounts filed
- 17-07-2025Annual accounts filed
- 31-12-2024Liquidity triples
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 01-07-2005
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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