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The Gates

Active
Private limited companyfounded 20241 year activeKortrijksesteenweg 1097, 9051 Gent, BelgiumKBO/BCE: BE 1015.714.813
Summary

The Gates has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,004 and a net result of -€1.8m. Its solvency ranks better than 19% of 11,027 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€10.7mtotal assets 2025
Equity
€176,004
Loss
-€1.8m
Turnover not published (abridged schema)
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
L R E · 50%
Accounts 21 days early0 of 1 deed read
Why 86- Liquidity: current ratio 1.68, cash €316,239- Loss of €1.8m (FY 2025)+ Size: total assets €10.7m+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 33% of its sector peers (NACE 68, medium-sized)
Financial strength
Weak
Solvency 27
equity 1.6% of total assets
Liquidity 54
short-term debt 2.7% · cash 3.0%
Profitability 0
return on assets -17.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,718 companies)
Last 24 months 11-2025: 0.7% 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026highest value 08-2026: 0.2%▼ -0.8 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €15,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.68; short-term debt: 2.7% and cash: 3% of total assets), but 98.4% of the assets are financed with debt.
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 68, medium-sized): better than 17% on solvency, 80% on liquidity and 1% on profitability.

The bankruptcy probability was computed on 07-10-2026 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

Seven signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €10.7m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 1.68, cash €316,239
NBB · annual accounts
raises risk · Loss of €1.8m (FY 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 11027 sector peers (2025).
NBB · sector comparison
Position among 11027 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
21 days early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…

Key points

  • Caution: Among the weakest 5% on net resultsector median €10,262 · 11,016 companies -€1.8m View
  • Total assets 2025first fiscal year filed €10.7m View
  • Active since 2024founded 29-10-2024 1 years View

By topic

Financials

Fiscal year
2025
Total assets
€10.7m
Loss
-€1.8m
Solvency
1.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
29-10-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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