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MFT GASPAR

Active
Private limited companyfounded 1968active for 58 yearsAvenue du Doyard 1A, 4970 Stavelot, BelgiumKBO/BCE: BE 0402.335.313
Summary

MFT GASPAR has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,931 and a net result of €3,457. Equity has been growing by about 4.2% per year since 2018. Its solvency ranks better than 63% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Retail sale of household furniture NACE 47551and 5 others
Establishment unit
2.038.132.524 4970 Stavelot, since 01-03-1962
Financial year end
31 December
Peppol
Reachable since 22-01-2025

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€383,441
▼ 7.8%
Profit
€3,457
▲ 32.2%
Equity
€228,931
▲ 1.5%
Total assets
€481,249
▼ 14.3%
Employees on 31-12-2025
8
▲ 33.3%
Score breakdownraises riskSector: Retail trade (NACE 47)Size: turnover €383,441, total assets €481,249lowers riskLiquidity: current ratio 4.92, cash €132,305Founded in 1968Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 73+8
equity 47.6% of total assets
Liquidity 84+2
short-term debt 10.1% · cash 27.5%
Profitability 68+2
return on assets 0.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points 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 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.92 (4.04 in 2024), above the usual 1.5. Short-term debt is 10.1% and cash 27.5% of total assets. However, 52.4% of the assets are financed with debt and provisions.
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 47, micro). It does better than 62% of them on solvency, 87% on liquidity, 48% on profitability and 38% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.92, cash €132,305
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: turnover €383,441, total assets €481,249
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
43 days early
2023
34 days early
2022
40 days early
2021
38 days early
2020
32 days early
2019
3 days early
← 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 33 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

Key points

  • Positive: More equity than 86% of companies in retail tradesector median €41,230 · 22,814 companies €228,931 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Company renamed from GASPAR MEUBLES to MFT GASPARResignation: Paul GASPAR (manager) · Appointments: GASPAR Vincent (director) and GASPAR Benjamin (director)
All 17 events

Comparable companies

These companies have the same main activity as MFT GASPAR: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €340,000 and €562,000, founded between 1968 and 1980.

CompanyTotal assetsGross margin
MFT GASPAR Stavelot€481,249€61,398
LES ATELIERS André LAKAYE Huy€344,969€66,782
L'HOEST - BAWIN Saint-Georges-sur-Meuse€395,891€50,236
WANSART FILS Waimes€561,832€85,863
Cuisine Conseil Chaudfontaine€340,097€49,679
Etablissements Tricot-Rose et Fils Anderlues€518,157€92,466
LEOPOLD SPIERS Ronse€513,542€95,443
Full comparison

Key facts about MFT GASPAR

What is the company number of MFT GASPAR?
The company number of MFT GASPAR is 0402.335.313. The VAT number is the same number with BE in front: BE 0402.335.313.
Where is MFT GASPAR based?
The registered office is at Avenue du Doyard 1A, 4970 Stavelot.Company details
What does MFT GASPAR do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of MFT GASPAR?
The legal form of MFT GASPAR is Private limited company (BV).
When was MFT GASPAR founded?
MFT GASPAR was founded on 01-01-1968.
Is MFT GASPAR still active?
Yes, MFT GASPAR is an active enterprise in the KBO register.
How many employees does MFT GASPAR have?
MFT GASPAR had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MFT GASPAR?
The turnover of MFT GASPAR was €383,441 in financial year 2025, according to the filed annual accounts.
Is MFT GASPAR profitable?
In financial year 2025, MFT GASPAR made a profit of €3,457.
Where can I find the annual accounts of MFT GASPAR?
MFT GASPAR filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MFT GASPAR due?
MFT GASPAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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