GYPROLINE
ActiveSummary
The computed 12-month bankruptcy probability of GYPROLINE is 1.8% (moderate). The annual accounts of GYPROLINE for fiscal year 2024 show a net loss of 92% of total assets and of 59% of the equity at the start of that year. The 2024 annual accounts show equity of €26,360 and a net result of -€37,729. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 36381 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-40
Solvency90▼-10
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.97 against 5.92 in 2023; short-term debt: 35.5% and cash: 20.8% of total assets), and 35.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64.5%
Return on assets
-92.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
65 d late
2022
6 d early
2021
31 d early
2020
10 d early
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after 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 (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€26,360▼ 58.9%
2023 · €64,089
Total assets
€40,841▼ 46.2%
2023 · €75,851
Net result
-€37,729
2023 · €913
Working capital
€14,001▼ 75.8%
2023 · €57,830
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€30,574▲ 70.8%€3,570▼ 88.3%€36,539▲ 923%€1,141▼ 96.9%-€21,008
Net result€15,243within the sector's middle half▲ 72.4%-€7,514below the sector's middle half€19,793within the sector's middle half€913within the sector's middle half▼ 95.4%-€37,729below the sector's middle half
Equity€50,898within the sector's middle half▲ 42.8%€43,384within the sector's middle half▼ 14.8%€63,176within the sector's middle half▲ 45.6%€64,089within the sector's middle half▲ 1.4%€26,360within the sector's middle half▼ 58.9%
Total assets€53,991below the sector's middle half▲ 43.7%€44,398below the sector's middle half▼ 17.8%€85,150within the sector's middle half▲ 91.8%€75,851within the sector's middle half▼ 10.9%€40,841below the sector's middle half▼ 46.2%
Debt€3,093▲ 60.5%€1,015▼ 67.2%€21,974▲ 2,065%€11,762▼ 46.5%€14,481▲ 23.1%
Working capital€49,496within the sector's middle half▲ 54.8%€43,184within the sector's middle half▼ 12.8%€58,068within the sector's middle half▲ 34.5%€57,830within the sector's middle half▼ 0.4%€14,001within the sector's middle half▼ 75.8%
Solvency94.3%above the sector's middle half▼ 0.6pp97.7%above the sector's middle half▲ 3.4pp74.2%above the sector's middle half▼ 23.5pp84.5%above the sector's middle half▲ 10.3pp64.5%within the sector's middle half▼ 20.0pp
Current ratio17.00above the sector's middle half▼ 0.5943.56above the sector's middle half▲ 26.553.64above the sector's middle half▼ 39.915.92above the sector's middle half▲ 2.271.97within the sector's middle half▼ 3.95
Return on assets (ROA)28.2%above the sector's middle half▲ 4.7pp-16.9%below the sector's middle half▼ 45.2pp23.2%above the sector's middle half▲ 40.2pp1.2%within the sector's middle half▼ 22.0pp-92.4%below the sector's middle half▼ 93.6pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €21,008 after €1,141 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40,841
Fixed assets
€12,359 ▲ 97.5%
Current assets
€28,481 ▼ 59.1%
Equity and liabilities €40,841
Equity
€26,360 ▼ 58.9%
Debt
€14,481 ▲ 23.1%
Debt's share of the balance-sheet total rises from 15.5% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€16,841▼
2023 · €2,299
Cash flow
-€33,562▼
2023 · €2,071
Debt to equity
0.55▲
2023 · 0.18
ROE
-143.1%▼
2023 · 1.4%
Interest coverage
-9.50▼
2023 · 2.39
Debt ≤ 1 year
€14,481▲
2023 · €11,762
Income taxes
€15,667▲
2023 · €323
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 4,805 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €120 | €1,183 | €67 | - | - |
| Remuneration, social security and pensions62 | - | €304 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,277 | €1,401 | €241 | €1,158 | €4,167 | ▲ 260% |
| Other operating charges640/8 | - | €1,224 | €2,162 | €180 | €1,607 | ▲ 794% |
| Gross operating margin9900 | €33,430 | €6,499 | €38,942 | €2,479 | -€15,234 | ▼ 715% |
| Operating profit (loss)9901 | €30,574 | €3,570 | €36,539 | €1,141 | -€21,008 | ▼ 1,941% |
| Financial income75/76B | - | €1,538 | €1,901 | €1,056 | €718 | ▼ 32.0% |
| Recurring financial income75 | €2,310 | €1,538 | €1,901 | €1,056 | €718 | ▼ 32.0% |
| Financial charges65/66B | - | €12,623 | €7,499 | €961 | €1,773 | ▲ 84.4% |
| Recurring financial charges65 | €14,290 | €12,623 | €7,499 | €961 | €1,773 | ▲ 84.4% |
| Profit (loss) for the period before taxes9903 | €18,595 | -€7,514 | €30,941 | €1,236 | -€22,062 | ▼ 1,885% |
| Income taxes67/77 | €3,351 | - | €11,149 | €323 | €15,667 | ▲ 4,748% |
| Profit (loss) for the period9904 | €15,243 | -€7,514 | €19,793 | €913 | -€37,729 | ▼ 4,233% |
| Profit (loss) for the period to be appropriated9905 | €15,243 | -€7,514 | €19,793 | €913 | -€37,729 | ▼ 4,233% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €53,991 | €44,398 | €85,150 | €75,851 | €40,841 | ▼ 46.2% |
| Fixed assets21/28 | €1,401 | €200 | €5,108 | €6,259 | €12,359 | ▲ 97.5% |
| Tangible fixed assets22/27 | €1,401 | - | €4,588 | €5,739 | €11,839 | ▲ 106% |
| Plant, machinery and equipment23 | - | - | €4,588 | €3,622 | €2,656 | ▼ 26.7% |
| Furniture and vehicles24 | - | - | - | €2,117 | €9,183 | ▲ 334% |
| Financial fixed assets28 | - | €200 | €520 | €520 | €520 | = |
| Current assets29/58 | €52,589 | €44,198 | €80,042 | €69,592 | €28,481 | ▼ 59.1% |
| Amounts receivable within one year40/41 | €43,505 | €37,482 | €66,744 | €51,379 | €19,495 | ▼ 62.1% |
| Trade receivables40 | - | €371 | €35,167 | €30,077 | - | - |
| Other amounts receivable41 | - | €37,111 | €31,577 | €21,303 | €19,495 | ▼ 8.5% |
| Cash at bank and in hand54/58 | €7,984 | €6,536 | €13,219 | €18,212 | €8,477 | ▼ 53.5% |
| Deferred charges and accrued income490/1 | - | €180 | €80 | - | €509 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €53,991 | €44,398 | €85,150 | €75,851 | €40,841 | ▼ 46.2% |
| Equity10/15 | €50,898 | €43,384 | €63,176 | €64,089 | €26,360 | ▼ 58.9% |
| Contributions10/11 | - | €6,500 | €6,500 | €14,000 | €14,000 | = |
| Reserves13 | €8,150 | €8,150 | €8,150 | €650 | €650 | = |
| Non-distributable reserves130/1 | - | €8,150 | €8,150 | €650 | €650 | = |
| Reserves not available under the articles1311 | - | €8,150 | €8,150 | €650 | €650 | = |
| Profit (loss) carried forward14 | €36,248 | €28,734 | €48,526 | €49,439 | €11,710 | ▼ 76.3% |
| Amounts payable17/49 | €3,093 | €1,015 | €21,974 | €11,762 | €14,481 | ▲ 23.1% |
| Amounts payable within one year42/48 | €3,093 | €1,015 | €21,974 | €11,762 | €14,481 | ▲ 23.1% |
| Financial debts43 | - | - | €1,131 | - | - | - |
| Credit institutions430/8 | - | - | €1,131 | - | - | - |
| Trade debts44 | €3,011 | €848 | €9,385 | €9,513 | €10,276 | ▲ 8.0% |
| Suppliers440/4 | - | €848 | €9,385 | €9,513 | €10,276 | ▲ 8.0% |
| Taxes, remuneration and social security45 | - | €167 | €11,458 | €2,249 | €4,204 | ▲ 87.0% |
| Taxes450/3 | - | €145 | €5,662 | €424 | €154 | ▼ 63.6% |
| Remuneration and social security454/9 | - | €22 | €5,796 | €1,825 | €4,050 | ▲ 122% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,243 | -€7,514 | €19,793 | €913 | -€37,729 | ▼ 4,233% |
| + Depreciation and write-downs630 | €2,277 | €1,401 | €241 | €1,158 | €4,167 | ▲ 260% |
| Operating cash flow (approximation) | €17,520 | -€6,113 | €20,034 | €2,071 | -€33,562 | ▼ 1,720% |
| Investment in fixed assets (approximation) | - | -€200 | -€5,149 | -€2,309 | -€10,268 | ▼ 345% |
| Change in cash | - | -€1,448 | €6,682 | €4,994 | -€9,736 | ▼ 295% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€37,729
Net result drops to -€37,729, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €19,793
Net result €19,793 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 43.56
Current ratio from 17.00 to 43.56; short-term debt falls from €3,093 to €1,015.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Liquidity times 6current ratio 17.60
Current ratio from 3.05 to 17.60; short-term debt falls from €8,903 to €1,927.
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 78 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Vresse-sur-Semois · 1 establishment unit since 2015
Ground area
2,039 m²
Building footprint
132 m²
Volume, LiDAR
1,215 m³
Parcel 91377C0337/00R000, Wallonia · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Bagimont,Sugny 243, 5550 Vresse-sur-Semois
since 20152.261.076.928
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91377C0337/00R000 | Wallonia | 2,039 m² | 1 · 132 m² | 16.9 m · 3 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.
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Of 4,020 companies in sector 43310 we hold annual accounts for 1,749. 1,426 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
81210General cleaning of buildings
43320Joinery installation
43422Screed work
43910Bricklaying and masonry work
70200Business and other management consultancy
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
82100Office administrative and support services
Contact
Website
www.gyproline.be
E-mail
gyproline@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643801470
Registered
17-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.