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GYRO

Active
Public limited companyfounded 198640 yrs activeGorsem-Dorp 64, 3803 Sint-Truiden, BelgiumKBO/BCE: BE 0429.370.302

GYRO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.42M and a net result of €147k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 2039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-33
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 4.53 in 2024; short-term debt: 21.9% and cash: 29.1% of total assets), and 24.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
75.1%
Return on assets
4.6%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
30 d late
2023
61 d late
2022
29 d late
2021
9 d early
2020
30 d late
2019
59 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€147k▼ 50.8%
2024 · €299k
2018: €218k 2019: €244k 2020: €486k 2021: €167k 2022: €115k 2023: €81k 2024: €299k
2018 → 2025
Working capital
€1.66M▲ 35.9%
2024 · €1.22M
2018: €588k 2019: €196k 2020: €580k 2021: €562k 2022: €710k 2023: €926k 2024: €1.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.78M-€1.89M▲ 6.5%€1.97M▲ 4.3%€2.27M▲ 15.2%€2.42M▲ 6.5%
Operating result€238k-€164k▼ 31.0%€112k▼ 31.6%€429k▲ 282%€210k▼ 50.9%
Net result€167k-€115k▼ 30.9%€81k▼ 29.8%€299k▲ 270%€147k▼ 50.8%
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €238k€238kNet result 2021: €167k€167kOperating result 2022: €164k€164kNet result 2022: €115k€115kOperating result 2023: €112k€112kNet result 2023: €81k€81kOperating result 2024: €429k€429kNet result 2024: €299k€299kOperating result 2025: €210k€210kNet result 2025: €147k€147k20212022202320242025
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.22M
Fixed assets €858k▼ 26.1%
Current assets €2.36M▲ 50.9%
Equity and liabilities €3.22M
Equity €2.42M▲ 6.5%
Debt €800k▲ 76.0%
The debt ratio rises from 16.7% to 24.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€533k
2024 · €744k
Cash flow
€469k
2024 · €614k
Solvency
75.1%
2024 · 83.3%
Current ratio
3.36
2024 · 4.53
Quick ratio
2.85
2024 · 4.03
Debt / equity
0.33
2024 · 0.20
ROE
6.1%
2024 · 13.2%
ROA
4.6%
2024 · 11.0%
Interest coverage
-609.73
2024 · 935.07
Debt
€800k
2024 · €454k
Debt ≤ 1 year
€703k
2024 · €345k
Debt > 1 year
€96k
2024 · €109k
Income taxes
€64k
2024 · €131k
Staff costs
€341k
2024 · €289k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.73M€3.22M
Fixed assets21/28€1.16M€858k
Tangible fixed assets22/27€1.16M€856k
Land and buildings22€114k€81k
Plant, machinery and equipment23€374k€296k
Furniture and vehicles24€91k€62k
Leasing and similar rights25€580k€417k
Financial fixed assets28€1k€1k=
Current assets29/58€1.56M€2.36M
Stocks and contracts in progress3€174k€355k
Stocks30/36€109k€234k
Contracts in progress37€65k€121k
Amounts receivable within one year40/41€1.01M€1.06M
Trade receivables40€1.01M€1.06M
Other amounts receivable41€56€56=
Cash at bank and in hand54/58€384k€938k
Deferred charges and accrued income490/1€604€3k
Equity and liabilities
Total equity and liabilities10/49€2.73M€3.22M
Equity10/15€2.27M€2.42M
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€2.12M€2.27M
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Tax-exempt reserves132€30k€30k=
Distributable reserves133€2.08M€2.22M
Amounts payable17/49€454k€800k
Amounts payable after more than one year17€109k€96k
Other amounts payable178/9€109k€96k
Amounts payable within one year42/48€345k€703k
Trade debts44€198k€623k
Suppliers440/4€198k€623k
Taxes, remuneration and social security45€148k€81k
Taxes450/3€148k€79k
Remuneration and social security454/9-€1k
Income statement Code20242025
Non-recurring operating income76A€946-
Remuneration, social security and pensions62€289k€341k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€316k€322k
Other operating charges640/8€16k€16k
Non-recurring operating charges66A-€782
Gross operating margin9900€1.05M€891k
Operating profit (loss)9901€429k€210k
Financial income75/76B€2k€150
Recurring financial income75€2k€150
Financial charges65/66B€796€-874
Recurring financial charges65€796€-874
Profit (loss) for the period before taxes9903€429k€211k
Income taxes67/77€131k€64k
Profit (loss) for the period9904€299k€147k
Profit (loss) for the period to be appropriated9905€299k€147k
Appropriation of the result
Profit (loss) to be appropriated9906€299k€147k
Transfer to equity691/2€299k€147k
To other reserves6921€299k€147k
Social balance
Average headcount (FTE)90876.67.0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-12
Financial Equity above €2MEq €2.27M ▲15.2%
7 profitable years in a row build equity to €2.27M.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial Weakest financial yearnet €81k ▼29.8%
Net result drops to €81k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
22-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial Highest result since 2018net €486k ▲99.6%
Operating result €715k, net result €486k, both a record.
28-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
31-12
Financial Equity above €1MEq €1.12M ▲27.7%
2 profitable years in a row build equity to €1.12M.
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Sint-Truiden · 1 establishment unit since 1986
establishment The establishment unit on the map
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.

Gorsem-Dorp 643803 Sint-Truiden
Ground area
1,532 m²
Building footprint
208 m²
Volume, LiDAR
1,227 m³
Parcel 71018A0289/00E000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gorsem-Dorp 64, 3803 Sint-Truiden
Materials recovery from waste
since 19862.035.300.025
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71018A0289/00E000 Flanders 1,532 m² 1 · 208 m² 9.9 m · 2 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

2023 to 2025 · 3 entries · 432 EUR awarded · 219 EUR paid
Year Entries awardedpaid
2025 1 60 EUR60 EUR
2024 1 54 EUR54 EUR
2023 1 318 EUR105 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 432 EUR · 219 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 1,070 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded25-08-1986
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
08112Other mining and quarrying
38210Materials recovery from waste
38329Waste collection, recovery and disposal activities
42110Construction of roads and motorways
43110Demolition
45111
45230
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.