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GAELENS
ActiveFrom the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
GAELENS has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€26,763. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 45% of 1,008 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Official details
KBO- Status
- Active since 18-09-2000 Normal situation
- Legal form
- Private limited company
- Registered office
- 't Walletje 26, 8300 Knokke-Heist
- Activity
- Artisanal bread and fresh pastry making NACE 10712and 5 others
- Establishment unit
- 2.391.182.434 8300 Knokke-Heist, since 10-07-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Who decides
Board
- GAELENS IsabelleDirector · since 31-08-2023
- GAELENS PaulDirector · since 31-08-2023
- KYNDT NathalieDirector · since 31-08-2023
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.0%
Annual accounts 2025
- Gross margin
- €1.3m
- ▲ 9.0%
- Turnover
- ≈ €2.3m
- estimated
- Loss
- €26,763
- Equity
- €1.5m
- ▼ 1.8%
- Total assets
- €4.9m
- ▲ 117%
- Staff
- 20.2 FTE
- ▲ 2.5%
2025 accounts 3 days early
Filed on 28-07-2026at the National Bank
Why 66raises riskLiquidity: current ratio 1.61, cash €191,0811 change of registered office in 24 monthsSize: 20.2 FTE, total assets €4.9mlowers riskFigures for financial year 2025 (filed 28-07-2026)Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 39% of its sector peers (NACE 10, small)
Financial strength · tick = 2024
Average
Solvency
55-36
equity 29.9% of total assets
Liquidity
49+7
short-term debt 19.7% · cash 3.9%
Profitability
51-18
return on assets -0.6%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.2%● unchanged vs 11-2024lowest value
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged 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 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.3 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.7%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.6%▼ -0.1 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 1.0%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.61, compared with 2.14 in 2024, above the usual 1.5; short-term debt: 19.7% and cash: 3.9% of total assets), but 70.1% of the assets are financed with debt and provisions.
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 10, small): better than 41% on solvency, 60% on liquidity, 25% on profitability and 29% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Five signals.
lowers riskraises riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
23 days late
2023
125 days early
2022
69 days early
2021
45 days early
2020
93 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 49 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% 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 16 June (4 of the last 5 filed years within 68 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Among the weakest 13% on net resultsector median €33,800 · 1,007 companies -€26,763 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 28-07-2026
- Annual accounts 2024filed on 23-08-2025
- Annual accounts 2023filed on 28-03-2024
- Annual accounts 2022filed on 23-05-2023
Acts in the Belgian Official Gazette
- Registered officeact of 09-10-2026
- Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsact of 04-09-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about GAELENS
- What is the company number of GAELENS?
- 0472.769.288. In Belgium the VAT number is the company number with BE in front: BE 0472.769.288.
- Where is GAELENS based?
- The registered office is at 't Walletje 26, 8300 Knokke-Heist.Company details
- What does GAELENS do?
- According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
- What is the legal form of GAELENS?
- Private limited company (BV).
- When was GAELENS founded?
- On 18-09-2000.
- Is GAELENS still active?
- Yes, GAELENS is an active enterprise in the KBO register.
- How many employees does GAELENS have?
- On average 20.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GAELENS?
- ≈ €2.3m in financial year 2025. Estimated from the gross margin of €1.3m: probably between €1.6m and €3.8m, based on 1,586 comparable companies of the same size. A rough estimate.
- Is GAELENS profitable?
- In financial year 2025, GAELENS made a loss of €26,763.
- Where can I find the annual accounts of GAELENS?
- GAELENS filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of GAELENS due?
- By 31-07-2027, for financial year 2026.Timeline
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