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GYSL

Active
Private limited companyfounded 2024active for 2 yearsOutre-Cour 116, 4651 Herve, BelgiumKBO/BCE: BE 1005.170.913
Summary

GYSL has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,223 and a net result of -€203. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €51,000
Estimated: probably between €23,000 and €120,000
Total assets
€400,910▲ 99.4%
2024 · €201,107
Net result
-€203▲ 97.9%
2024 · -€9,574
Working capital
€212,738▲ 50×
2024 · €4,276
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €3,191 in 2025 against €9,443 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,191 2025 Net result-€203 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€9,443--€3,191▲ 66.2%
Net result-€9,574--€203▲ 97.9%
Equity€20,426-€20,223▼ 1.0%
Total assets€201,107-€400,910▲ 99.4%
Debt€180,682-€380,688▲ 111%
Working capital€4,276-€212,738▲ 50×
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384,262
Fixed assets €171,337 ▼ 1.9%
Current assets €212,925 ▲ 48×
Equity and liabilities €400,910
Equity €20,223 ▼ 1.0%
Debt €380,688 ▲ 111%
Debt's share of the balance-sheet total rises from 89.8% to 95.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,473▲
2024 · €489
Cash flow
€8,461▲
2024 · €358
Debt to equity
18.82▲
2024 · 8.85
ROE
-1.0%▲
2024 · -46.9%
ROA
-0.1%▲
2024 · -4.8%
Interest coverage
29.82▲
2024 · 3.74
Debt ≤ 1 year
€188▲
2024 · €182
Debt > 1 year
€380,500▲
2024 · €180,500
Income taxes
€1,359
A ratio outside any meaningful range has been withheld (balance sheet total €400,910, equity €20,223).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 92.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92.5% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 1,301 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€201,107€400,910▲
Formation expenses20€21,965€16,648▼
Fixed assets21/28€174,685€171,337▼
Tangible fixed assets22/27€174,685€171,337▼
Land and buildings22€174,685€171,337▼
Current assets29/58€4,458€212,925▲
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Current investments50/53-€200,000
Cash at bank and in hand54/58€4,458€12,925▲
Equity and liabilities
Total equity and liabilities10/49€201,107€400,910▲
Equity10/15€20,426€20,223▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€9,574-€9,777▼
Amounts payable17/49€180,682€380,688▲
Amounts payable after more than one year17€180,500€380,500▲
Financial debts170/4€180,500€380,500▲
Amounts payable within one year42/48€182€188▲
Trade debts44€182€188▲
Suppliers440/4€182€188▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,932€8,664▼
Other operating charges640/8€963€1,118▲
Gross operating margin9900€1,452€6,591▲
Operating profit (loss)9901-€9,443-€3,191▲
Financial income75/76B-€4,531
Recurring financial income75-€4,531
Financial charges65/66B€131€184▲
Recurring financial charges65€131€184▲
Profit (loss) for the period before taxes9903-€9,574€1,156▲
Income taxes67/77-€1,359
Profit (loss) for the period9904-€9,574-€203▲
Profit (loss) for the period to be appropriated9905-€9,574-€203▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,574-€9,777▼
Profit (loss) brought forward from the previous period14P--€9,574

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,932€8,664▼ 12.8%
Other operating charges640/8€963€1,118▲ 16.0%
Gross operating margin9900€1,452€6,591▲ 354%
Operating profit (loss)9901-€9,443-€3,191▲ 66.2%
Financial income75/76B-€4,531-
Recurring financial income75-€4,531-
Financial charges65/66B€131€184▲ 40.4%
Recurring financial charges65€131€184▲ 40.4%
Profit (loss) for the period before taxes9903-€9,574€1,156-
Income taxes67/77-€1,359-
Profit (loss) for the period9904-€9,574-€203▲ 97.9%
Profit (loss) for the period to be appropriated9905-€9,574-€203▲ 97.9%
Line20242025Change
Assets
Total assets20/58€201,107€400,910▲ 99.4%
Formation expenses20€21,965€16,648▼ 24.2%
Fixed assets21/28€174,685€171,337▼ 1.9%
Tangible fixed assets22/27€174,685€171,337▼ 1.9%
Land and buildings22€174,685€171,337▼ 1.9%
Current assets29/58€4,458€212,925▲ 48×
Amounts receivable within one year40/41€0--
Other amounts receivable41€0--
Current investments50/53-€200,000-
Cash at bank and in hand54/58€4,458€12,925▲ 190%
Equity and liabilities
Total equity and liabilities10/49€201,107€400,910▲ 99.4%
Equity10/15€20,426€20,223▼ 1.0%
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€9,574-€9,777▼ 2.1%
Amounts payable17/49€180,682€380,688▲ 111%
Amounts payable after more than one year17€180,500€380,500▲ 111%
Financial debts170/4€180,500€380,500▲ 111%
Amounts payable within one year42/48€182€188▲ 3.3%
Trade debts44€182€188▲ 3.3%
Suppliers440/4€182€188▲ 3.3%
Line20242025Change
Profit (loss) for the period9904-€9,574-€203▲ 97.9%
+ Depreciation and write-downs630€9,932€8,664▼ 12.8%
Operating cash flow (approximation)€358€8,461▲ 24×
Investment in fixed assets (approximation)--€5,316-
Change in cash-€8,467-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 14-07-2026 2026-00288638
31-12-2024 micro format 10-06-2025 2025-00127348

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.