Financials
- Fiscal year
- 2024
- Total assets
- €211,157
- Loss
- -€6,782
- Solvency
- 23.5%
Total assets▲ 47.1%
Net result
20222024
LOUIS Gary
ActiveSummary
The computed 12-month bankruptcy probability of LOUIS Gary is 2.7% (moderate). The 2024 annual accounts show equity of €49,534 and a net result of -€6,782. Equity remains stable across the filed fiscal years (±1.7% per year). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
How big
€211,157total assets 2024
- Equity
- €49,534
- Loss
- -€6,782
Turnover not published (abridged schema)
Who decides
Accounts 37 d early0 of 3 deeds read
Why 50- Figures for FY 2024 (filed 23-06-2025)- Founded in 2017- Loss of €6,782 (FY 2024)+ Size: total assets €211,157Show the evidence
Checked score
Score 2024
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 30% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
48-16
equity 23.5% of total assets
Liquidity
51-6
short-term debt 27.6% · cash 9.5%
Profitability
58-19
return on assets -3.2%
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 23-06-2025) raises the probability
- Size: total assets €211,157 lowers the probability for this profile
- Founded in 2017 raises the probability for this profile
- Loss of €6,782 (FY 2024) raises the probability
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.4 in 2023; short-term debt: 27.6% and cash: 9.5% of total assets), and 76.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 25%, liquidity 45%, profitability 28%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 d early
2024
43 d early
2023
27 d early
2022
19 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2023
- Next accounts
- by 31-07-2027
- 24-06-2026Annual accounts filed
- 18-06-2025Annual accounts filed
- 04-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 04-08-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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