GABLOK
ActiveThe computed 12-month bankruptcy probability of GABLOK is 1.9% (moderate). The 2024 annual accounts show negative equity (€-2.33M) and a net result of €-455k. Equity is shrinking by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 6006 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability98▲+40
Solvency46▲+5
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.09 against 0.86 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-100.5%
Return on assets
-19.6%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€2.3M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
1 d early
2022
16 d late
2021
24 d early
2020
53 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-455k▼ 110%
2023 · €-216k
2020: €-426k
2021: €-296k
2022: €-1.44M
2023: €-216k
2020 → 2024
Working capital
€148k
2023 · €-213k
2020: €-78k
2021: €119k
2022: €-257k
2023: €-213k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€73k-€-222k€-1.66M▼ 647%€-1.88M▼ 13.0%€-2.33M▼ 24.2%
Operating result€-402k-€-293k▲ 27.1%€-1.31M▼ 345%€8k€-129k
Net result€-426k-€-296k▲ 30.6%€-1.44M▼ 387%€-216k▲ 85.0%€-455k▼ 110%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €129k after €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.32M
Fixed assets
€536k▼ 9.0%
Current assets
€1.79M▲ 31.6%
Key figures and ratios
EBITDA
€11k▼
2023 · €147k
Cash flow
€-316k▼
2023 · €-77k
Solvency
-100.5%▼
2023 · -96.4%
Current ratio
1.09▲
2023 · 0.86
Quick ratio
0.95▲
2023 · 0.65
Debt / equity
-2.00▲
2023 · -2.04
ROE
19.5%▲
2023 · 11.5%
ROA
-19.6%▼
2023 · -11.1%
Interest coverage
0.03▼
2023 · 0.65
Debt
€4.65M▲
2023 · €3.82M
Debt ≤ 1 year
€1.64M▲
2023 · €1.57M
Debt > 1 year
€2.80M▲
2023 · €2.18M
Income taxes
€3k▲
2023 · €1k
Staff costs
€464k▲
2023 · €333k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.95M€2.32M▲
Formation expenses20€844€344▼
Fixed assets21/28€589k€536k▼
Intangible fixed assets21€200k€245k▲
Tangible fixed assets22/27€388k€290k▼
Plant, machinery and equipment23€315k€243k▼
Furniture and vehicles24€31k€10k▼
Other tangible fixed assets26€42k€37k▼
Financial fixed assets28€400€1k▲
Current assets29/58€1.36M€1.79M▲
Stocks and contracts in progress3€335k€224k▼
Stocks30/36€335k€224k▼
Amounts receivable within one year40/41€943k€1.54M▲
Trade receivables40€918k€1.54M▲
Other amounts receivable41€25k€94▼
Cash at bank and in hand54/58€72k€24k▼
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.95M€2.32M▲
Equity10/15€-1.88M€-2.33M▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Profit (loss) carried forward14€-2.38M€-2.83M▼
Amounts payable17/49€3.82M€4.65M▲
Amounts payable after more than one year17€2.18M€2.80M▲
Financial debts170/4€2.18M€2.80M▲
Amounts payable within one year42/48€1.57M€1.64M▲
Current portion of amounts payable after more than one year42€240k€690k▲
Trade debts44€924k€565k▼
Suppliers440/4€924k€565k▼
Advances received on contracts in progress46€212k-
Taxes, remuneration and social security45€174k€360k▲
Taxes450/3€64k€184k▲
Remuneration and social security454/9€110k€175k▲
Other amounts payable47/48€20k€22k▲
Accrued charges and deferred income492/3€74k€218k▲
Income statement
Code20232024
Non-recurring operating income76A-€83k
Remuneration, social security and pensions62€333k€464k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€140k▲
Other operating charges640/8€501€9k▲
Gross operating margin9900€480k€484k▲
Operating profit (loss)9901€8k€-129k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€224k€325k▲
Recurring financial charges65€224k€325k▲
Profit (loss) for the period before taxes9903€-215k€-452k▼
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€-216k€-455k▼
Profit (loss) for the period to be appropriated9905€-216k€-455k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.38M€-2.83M▼
Profit (loss) brought forward from the previous period14P€-2.16M€-2.38M▼
Social balance
Average headcount (FTE)90878.38.6▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-08
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment · Director resignation4 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment · Director resignation4 facts ▸
- Board meeting, 2026-06-25
- Director appointment, SCHWEITZER Patrick (délégué à la gestion journalière)
- Director resignation, SRL Profima (administrateur)
- Director appointment, Jan Cant (administrateur)
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 16 days late
2022
31-12
Financial
Weakest financial yearnet €-1.44M
Net result drops to €-1.44M, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.20
Current ratio from 0.57 to 1.20.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
SCHWEITZER Patrick
CurrentDaily management delegate · since 25-06-2026
CANT Jan
CurrentDirector · since 05-06-2026
25-06-2026
SCHWEITZER Patrick: Appointed as Daily management delegate
05-06-2026
CANT Jan: Appointed as Director
05-06-2026
PROFIMA: Resigned as Director
Location & real-estate footprint
Registered office, Thimister-Clermont · 1 establishment unit since 2020
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.
Rue de l'Avenir 24890 Thimister-ClermontGround area
6,507 m²
Building footprint
3,269 m²
Volume, LiDAR
16,593 m³
Parcel 63077C0496/00L000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GABLOK
since 20202.304.901.330
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0496/00L000 | Wallonia | 6,507 m² | 1 · 3,269 m² | 6.8 m · 2 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.
Structure & network
Similar companies · same sector, comparable size
WULFRA
BE 0717.980.736
Tielt · Eq €73k
ALG. SCHRIJNWERKERIJ BASTIN
BE 0735.685.810
Rotselaar · Eq €73k
BELI
BE 0454.842.502
Hasselt · Eq €74k
Interieur Wouters
BE 0759.851.775
Putte · Eq €74k
DC INTERIEUR
BE 0745.354.829
Wasseiges · Eq €74k
Of 1,594 companies in sector 16230 we hold annual accounts for 777. 595 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-03-2019
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
46832Wholesale of timber
46831Wholesale of construction materials, general range
47522Retail trade
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.