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GYPSTO

Active
Private limited companyfounded 2004active for 22 yearsAuwegemvaart 38, 2800 Mechelen, BelgiumKBO/BCE: BE 0862.912.196
Summary

The computed 12-month bankruptcy probability of GYPSTO is 3.3% (moderate). The 2024 annual accounts show negative equity (-€28,974) and a net result of €44,685. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7,407 sector peers (NACE 43, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€877,563total assets 2024
Staff
3.2 FTE
Equity
-€28,974
Profit
€44,685
Turnover not published (abbreviated format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Accounts 77 days overdue0 of 2 deeds read
Why 49raises riskFigures for financial year 2024 (filed 27-07-2025)Liquidity: current ratio 0.78, cash €6,547Negative equity -€28,974lowers riskFounded in 2004Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 22+5
equity -3.3% of total assets
Liquidity 2+1
short-term debt 88.4% · cash 0.7%
Profitability 52-4
return on assets 5.1%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,562 companies, NACE 43, micro)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.7%▲ +0.1 percentage points vs 01-2025 03-2025: 2.6%▼ -0.1 percentage points vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.7%▲ +0.1 percentage points vs 04-2025 06-2025: 2.7%● unchanged vs 05-2025 07-2025: 2.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.2%▼ -0.7 percentage points vs 07-2025 09-2025: 2.2%● unchanged vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.2%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.9%▲ +0.7 percentage points vs 07-2026 09-2026: 3.2%▲ +0.3 percentage points vs 08-2026 10-2026: 3.3%▲ +0.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.78, compared with 0.74 in 2023, below 1; short-term debt: 88.4% and cash: 0.7% of total assets), and equity is negative.
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 43, micro): better than 8% on solvency, 3% on liquidity, 25% on profitability and 86% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 27-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.78, cash €6,547
NBB · annual accounts
raises risk · Negative equity -€28,974
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7407 sector peers (2024).
NBB · sector comparison
Position among 7407 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
7 days early
2023
21 days late
2022
31 days late
2021
85 days late
2020
31 days late
2019
28 days 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 32 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Back to profitnet €86,068

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€28,974 View
  • Caution: Among the weakest 5% on solvencysector median 43.4% · 7,407 companies -3.3% View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View

By topic

Financials

Financial year
2024
Total assets
€877,563
Profit
€44,685
Solvency
-3.3%
Total assets▼ 0.4%
Net result
20182024
Go to Financials

Timeline

Events
24
Since
2005
  1. 31-08-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 24-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
23-01-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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