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KANTOOR GYSELS & C°

Active Private limited companyfounded 2003active for 22 yearsSchipstraat 38, 9550 HerzeleKBO/BCE: BE 0862.386.121 #6 oldest company in Herzele, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004
Gross marginpeak €260,862 (2025)
€260,862▲ €269,026
Resultlowest -€17,325 (2024)
€178,470▲ €195,795
Equitypeak €147,230 (2025)
€147,230▲ 987%
Debts
€35,288▼ 1.4%
Board1 name since 2023
1 directorGYSELS Hilde
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from -€8,164 to €260,862Back to profit: €178,470Dividend €25,000Equity from €13,545 to €147,230Cash from €2,086 to €148,000

Key points

from the 2025 annual accounts

Equity

€147,230 ▲ 987%
€13,5002024€147,0002025

Equity rose in 2025 from €13,545 to €147,230.

Liquidity

4.38 was 0.34 in 2024

Short-term debts rose from €32,772 to €33,985.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Nine of the last ten came late. The 2021 accounts came latest: 124 days after the end of the period.

Checked score

99
Excellent
Financially stronger than 91% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 12,676 companies (NACE 82, micro).

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

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.2 percentage points vs 08-2025 10-2025: 1.3%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.2%▼ -0.1 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -1.6 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
100+48equity 80.7% of total assets
Liquidity
95+75short-term debt 18.6% · cash 81.1%
Profitability
100+100return on assets 97.8%

Score breakdown

raises risk
Last filed accounts filed 30 days late; 1 of the last 3 accounts late
Size: turnover €63,171, total assets €182,518
lowers risk
Liquidity: current ratio 4.38, cash €148,000
Equity €147,230 (80.7% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 82, micro). It does better than 88% of them on solvency, 89% on liquidity, 87% on profitability and 99% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as KANTOOR GYSELS & C° has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KANTOOR GYSELS & C° itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for KANTOOR GYSELS & C°. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.38 (0.34 in 2024), above the usual 1.5. Short-term debt is 18.6% and cash 81.1% of total assets. 19.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.38, cash €148,000
NBB · annual accounts
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €147,230 (80.7% of total assets)
NBB · annual accounts
raises risk · Size: turnover €63,171, total assets €182,518
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €147,230
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 days late
2024
61 days late
2023
5 days early
2022
97 days late
2021
124 days late
2020
30 days late
2019
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 53 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · 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 30 September (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GH
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0862386121
New director GYSELS Hilde appointed, GYSELS Hilde resigned · Director discharge: GYSELS Hilde · General meeting of 09-06-2023 · Gazette deed
Incorporation published on 06-01-2004 · Gazette deed
First establishment Schipstraat 38, Herzele
All 34 events

Comparable companies

same main activity, similar in size and age
Company Turnover EBIT margin Solvency Staff
KANTOOR GYSELS & C° Herzele €63,171 - 80.7% -
ADVIES ADMINISTRATIE EN BEDRIJVENCENTRUM Anderlecht - - 36.2% -
PASCAL HOLLANDER, AVOCAT Uccle - - 32.2% -
DAUM CONCEPT Liège - - 6.3% -
CONNEXITY Evere - - 16.4% -
GROUPE GRANDJEAN LUX Bastogne €221,802 94.3% 74.5% -
SOCRI Knokke-Heist - - 70.4% -

These companies have the same main activity as KANTOOR GYSELS & C°: other business support services (NACE 82990). They are comparable in size and age: total assets between €124,000 and €260,000, founded between 2000 and 2009.

Official details

Source: KBO
Status
Active since 24-12-2003Normal situation
Activity
Other business support servicesNACE 82990and 1 other
Establishment unit
2.134.972.7709550 Herzele, since 22-12-2003
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

Total assets
€182,518▲ 270%
Filing
Filed on 30-08-2026
Financials

Insights on KANTOOR GYSELS & C°

KANTOOR GYSELS & C° files the micro format. That format states no turnover. The gross margin rose from €30,657 in 2006 to €260,862 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KANTOOR GYSELS & C°

What is the company number of KANTOOR GYSELS & C°?
The company number of KANTOOR GYSELS & C° is 0862.386.121. The VAT number is the same number with BE in front: BE 0862.386.121.
Where is KANTOOR GYSELS & C° based?
The registered office is at Schipstraat 38, 9550 Herzele.Company details
What does KANTOOR GYSELS & C° do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of KANTOOR GYSELS & C°?
KANTOOR GYSELS & C° is a private limited company (BV).
When was KANTOOR GYSELS & C° founded?
KANTOOR GYSELS & C° was founded on 24-12-2003.
Is KANTOOR GYSELS & C° still active?
Yes, KANTOOR GYSELS & C° is an active enterprise in the KBO register.
What is the turnover of KANTOOR GYSELS & C°?
The turnover of KANTOOR GYSELS & C° was €63,171 in financial year 2025, according to the filed annual accounts.Financials
Is KANTOOR GYSELS & C° profitable?
In financial year 2025, KANTOOR GYSELS & C° made a profit of €178,470.
Where can I find the annual accounts of KANTOOR GYSELS & C°?
KANTOOR GYSELS & C° filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KANTOOR GYSELS & C° due?
KANTOOR GYSELS & C° must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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