VERSTRINGE GAETAN
ActiveThe computed 12-month bankruptcy probability of VERSTRINGE GAETAN is 3.5% (moderate). The 2025 annual accounts show equity of €12k and a net result of €-6k. Equity is growing by ~18% per year across the filed fiscal years. Its solvency ranks better than 42% of 4575 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-69
Solvency56=
Growth52=
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.81 against 0.86 in 2024; short-term debt: 68.8% and cash: 10% of total assets), and 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.2%
Return on assets
-16%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
2 d early
2023
7 d early
2022
22 d early
2021
on the day
2020
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 33.9%
2024 · €18k
2020: €5k
2021: €8k
2022: €17k
2023: €17k
2024: €18k
2020 → 2025
Total assets
€37k▼ 34.6%
2024 · €57k
2020: €47k
2021: €34k
2022: €44k
2023: €35k
2024: €57k
2020 → 2025
Net result
€-6k
2024 · €319
2020: €5k
2021: €2k
2022: €10k
2023: €173
2024: €319
2020 → 2025
Working capital
€-5k▲ 13.2%
2024 · €-6k
2020: €-11k
2021: €-11k
2022: €-2k
2023: €445
2024: €-6k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€17k▲ 126%€17k▲ 1.0%€18k▲ 1.9%€12k▼ 33.9%
Operating result€3k-€12k▲ 331%€280▼ 97.7%€518▲ 84.7%€-6k
Net result€2k-€10k▲ 286%€173▼ 98.2%€319▲ 84.1%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €518 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets
€16k▼ 29.8%
Current assets
€21k▼ 38.0%
Equity and liabilities €37k
Equity
€12k▼ 33.9%
Debt
€26k▼ 34.9%
The debt ratio falls from 69.2% to 68.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-930▼
2024 · €9k
Cash flow
€-1k▼
2024 · €9k
Solvency
31.2%▲
2024 · 30.8%
Current ratio
0.81▼
2024 · 0.86
Quick ratio
0.79▼
2024 · 0.84
Debt / equity
2.21▼
2024 · 2.24
ROE
-51.2%▼
2024 · 1.8%
ROA
-16.0%▼
2024 · 0.6%
Interest coverage
-5.07▼
2024 · 44.97
Debt
€26k▼
2024 · €39k
Debt ≤ 1 year
€26k▼
2024 · €39k
Staff costs
€2k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€57k€37k▼
Fixed assets21/28€23k€16k▼
Tangible fixed assets22/27€23k€16k▼
Land and buildings22€12k€11k▼
Plant, machinery and equipment23€11k€5k▼
Financial fixed assets28€15€15=
Current assets29/58€33k€21k▼
Stocks and contracts in progress3€551€574▲
Stocks30/36€551€574▲
Amounts receivable within one year40/41€25k€13k▼
Trade receivables40€24k€13k▼
Other amounts receivable41€1k€272▼
Current investments50/53-€3k
Cash at bank and in hand54/58€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€57k€37k▼
Equity10/15€18k€12k▼
Contributions10/11€500€500=
Profit (loss) carried forward14€17k€11k▼
Amounts payable17/49€39k€26k▼
Amounts payable within one year42/48€39k€26k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€18k€11k▼
Suppliers440/4€18k€11k▼
Taxes, remuneration and social security45€2k€192▼
Taxes450/3-€192
Remuneration and social security454/9€2k-
Other amounts payable47/48€17k€14k▼
Accrued charges and deferred income492/3€300-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼
Other operating charges640/8€620€1k▲
Gross operating margin9900€12k€2k▼
Operating profit (loss)9901€518€-6k▼
Financial income75/76B€3€4▲
Recurring financial income75€3€4▲
Financial charges65/66B€202€183▼
Recurring financial charges65€202€183▼
Profit (loss) for the period before taxes9903€319€-6k▼
Profit (loss) for the period9904€319€-6k▼
Profit (loss) for the period to be appropriated9905€319€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€11k▼
Profit (loss) brought forward from the previous period14P€17k€17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-6k ▼1960%
Net result drops to €-6k, the lowest in the series.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2020net €10k ▲286%
Operating result €12k, net result €10k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schuitstraat 19042 GentGround area
5,915 m²
Building footprint
118 m²
Volume, LiDAR
473 m³
Parcel 44814F0172/00G000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VERSTRINGE GAETAN
since 20192.289.491.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44814F0172/00G000 | Flanders | 5,915 m² | 1 · 118 m² | 7.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.289.491.592
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Of 6,996 companies in sector 49320 we hold annual accounts for 2,719. 2,119 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-05-2019
Fiscal year end30-06
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
01620Support activities for animal production
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.