GABSI
ActiveGABSI has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €479k and a net result of €153k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+12
Solvency90▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 4.35 in 2024; short-term debt: 34.8% and cash: 6.7% of total assets), and 34.8% 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.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
20.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
46 d late
2024
340 d late
2023
454 d late
2022
88 d late
2021
34 d early
2020
24 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€479k▲ 8.8%
2024 · €440k
2018: €180k
2019: €204k
2020: €238k
2021: €231k
2022: €287k
2023: €380k
2024: €440k
2018 → 2025
Total assets
€735k▲ 35.6%
2024 · €542k
2018: €215k
2019: €276k
2020: €361k
2021: €333k
2022: €529k
2023: €488k
2024: €542k
2018 → 2025
Net result
€153k▲ 156%
2024 · €60k
2018: €33k
2019: €71k
2020: €34k
2021: €62k
2022: €101k
2023: €94k
2024: €60k
2018 → 2025
Working capital
€394k▲ 15.2%
2024 · €342k
2018: €131k
2019: €138k
2020: €140k
2021: €152k
2022: €157k
2023: €267k
2024: €342k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€231k-€287k▲ 24.1%€380k▲ 32.7%€440k▲ 15.7%€479k▲ 8.8%
Operating result€94k-€135k▲ 43.3%€142k▲ 5.2%€96k▼ 32.4%€192k▲ 99.9%
Net result€62k-€101k▲ 62.0%€94k▼ 7.3%€60k▼ 36.3%€153k▲ 156%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €735k
Fixed assets
€85k▼ 13.7%
Current assets
€650k▲ 46.5%
Equity and liabilities €735k
Equity
€479k▲ 8.8%
Debt
€256k▲ 151%
The debt ratio rises from 18.8% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€231k▲
2024 · €131k
Cash flow
€191k▲
2024 · €94k
Solvency
65.2%▼
2024 · 81.2%
Current ratio
2.54▼
2024 · 4.35
Quick ratio
2.54▼
2024 · 4.35
Debt / equity
0.53▲
2024 · 0.23
ROE
31.9%▲
2024 · 13.6%
ROA
20.8%▲
2024 · 11.0%
Interest coverage
15.26▲
2024 · 10.22
Debt
€256k▲
2024 · €102k
Debt ≤ 1 year
€256k▲
2024 · €102k
Income taxes
€39k▲
2024 · €36k
Staff costs
€0
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€542k€735k▲
Fixed assets21/28€98k€85k▼
Tangible fixed assets22/27€98k€85k▼
Plant, machinery and equipment23€38k€23k▼
Furniture and vehicles24€61k€62k▲
Current assets29/58€444k€650k▲
Amounts receivable after more than one year29-€162k
Other amounts receivable291-€162k
Amounts receivable within one year40/41€412k€438k▲
Trade receivables40€208k€281k▲
Other amounts receivable41€205k€157k▼
Cash at bank and in hand54/58€31k€49k▲
Deferred charges and accrued income490/1€560€497▼
Equity and liabilities
Total equity and liabilities10/49€542k€735k▲
Equity10/15€440k€479k▲
Contributions10/11€19k€19k=
Reserves13€421k€460k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€420k€460k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€102k€256k▲
Amounts payable within one year42/48€102k€256k▲
Current portion of amounts payable after more than one year42€4k€0▼
Trade debts44€21k€95k▲
Suppliers440/4€21k€95k▲
Taxes, remuneration and social security45€77k€115k▲
Taxes450/3€73k€115k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48-€46k
Income statement
Code20242025
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€38k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€135k€237k▲
Operating profit (loss)9901€96k€192k▲
Financial income75/76B€12k€14k▲
Recurring financial income75€12k€14k▲
Financial charges65/66B€13k€15k▲
Recurring financial charges65€13k€15k▲
Profit (loss) for the period before taxes9903€96k€192k▲
Income taxes67/77€36k€39k▲
Profit (loss) for the period9904€60k€153k▲
Profit (loss) for the period to be appropriated9905€60k€153k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€153k▲
Transfer from equity791/2-€68k
Transfer to equity691/2€60k€107k▲
To other reserves6921€60k€107k▲
Profit to be distributed694/7-€114k
Return on contributions (dividend)694-€68k
Directors or managers695-€46k
The notes to these accounts (11 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
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 340 days late
2025
31-12
Financial
Highest result since 2018net €153k ▲156%
Operating result €192k, net result €153k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 454 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.58
Current ratio from 1.71 to 3.58; short-term debt falls from €223k to €104k.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €200kEq €204k ▲13.4%
2 profitable years in a row build equity to €204k.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kortrijk · 1 establishment unit since 2012
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.
Noteboomlaan(Kor) 218500 KortrijkGround area
370 m²
Building footprint
158 m²
Volume, LiDAR
1,092 m³
2 parcels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Betonboringen Gabsi
since 20122.209.385.628
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0207/00A002 | Flanders | 194 m² | 1 · 67 m² | 11.3 m · 3 fl. |
| 34354D0012/00Y000 | Flanders | 176 m² | 1 · 91 m² | 11.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 607 companies in sector 43130 we hold annual accounts for 302. 219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2012
Fiscal year end31-12
Activities, NACEBEL
43130Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.