GYSELINCK

Active

Public limited companyfounded 1984active for 41 yearsKarel Lodewijk Ledeganckstraat 9, 9930 Lievegem, BelgiumKBO/BCE: BE 0427.165.630

Summary

GYSELINCK has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €359,176 and a net result of €1,817. Equity is growing by about 5% per year across the filed financial years. Its solvency ranks better than 31% of 2,434 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow Report Compare

GYSELINCKActiveChecked score 68/100

Risk analysis Report Compare

Activity

Other specialised construction activities

NACE 43990

2nd largest employer in Lievegem, Construction sector1 site

Size

€1.2mtotal assets 2025

Staff: 14.5 FTE
Equity: €359,176
Profit: €1,817

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.7%

Structure

Largest shareholder: SODOMAR · 50%

Beton construct nvDirector · permanent representative Gyselinck Christophe
Gyselinck DorthyManaging director
Sodomar nvDirector · permanent representative Gyselinck Dorthy

2025 accounts filed 31 days late1 of 4 deeds summarised

Why 68raises riskSector: Specialised construction activities (NACE 43)Last filed accounts filed 31 days late; 1 of the last 3 lateSize: 14.5 FTE, total assets €1.2mlowers riskFounded in 1984Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 28% of its sector peers (NACE 43, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 54-4

equity 29.0% of total assets

Liquidity 30-11

short-term debt 44.6% · cash 1.5%

Profitability 44+44

return on assets 0.1%

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 1.2%▲ +0.8 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.7%▼ -1.1 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.02, compared with 1.94 in 2024, above the usual 1.5; short-term debt: 44.6% and cash: 1.5% of total assets), but 71% 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 43, small): better than 36% on solvency, 24% on liquidity, 19% on profitability and 33% on growth.

The bankruptcy probability was computed on 24-10-2026 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 risk

Sector: Specialised construction activities (NACE 43)

KBO

Founded in 1984

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

KBO

Last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

Size: 14.5 FTE, total assets €1.2m

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

NBB · annual accounts

2025 accounts filed 31 days late

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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

21 days late

2023

36 days early

2022

30 days late

2021

26 days late

2020

27 days late

2019

21 days late

← 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 17 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 (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Back to profitnet €1,817
21-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Positive: Back in profit in 2025after -€217,290 in 2024 €1,817 View
Positive: 2nd largest employer in Lievegem, Construction sectorin the Checked rankings No. 2 View
Active since 1984founded 31-12-1984 41 years View

By topic

Financials

Financial year: 2025
Total assets: €1.2m
Profit: €1,817
Solvency: 29.0%

Total assets▲ 14.6%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Largest shareholder: SODOMAR · 50%

Beton construct nvDirector
Gyselinck DorthyManaging director
Sodomar nvDirector

Go to Board & ownership

Timeline

Events: 45
Since: 1987
Next accounts: by 31-07-2027

31-12-2024Weakest financial year
25-06-2024Annual accounts filed
15-03-2024Reappointments: Gyselinck Dorthy, Beton construct nv and…

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other specialised construction activitiesNACE 43990
Founded: 31-12-1984
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about GYSELINCK

What is the company number of GYSELINCK?: 0427.165.630. In Belgium the VAT number is the company number with BE in front: BE 0427.165.630.
Where is GYSELINCK based?: The registered office is at Karel Lodewijk Ledeganckstraat 9, 9930 Lievegem.Company details
What does GYSELINCK do?: According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of GYSELINCK?: Public limited company (NV).
When was GYSELINCK founded?: On 31-12-1984.
Is GYSELINCK still active?: Yes, GYSELINCK is an active enterprise in the KBO register.
How many employees does GYSELINCK have?: On average 14.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GYSELINCK?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is GYSELINCK profitable?: In financial year 2025, GYSELINCK made a profit of €1,817.
Where can I find the annual accounts of GYSELINCK?: GYSELINCK filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GYSELINCK due?: By 31-07-2027, for financial year 2026.Timeline