GANDY DIGITAL
ActiveGANDY DIGITAL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €26k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-11
Solvency63▲+14
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.39 in 2024), but 68.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
31.2%
Return on assets
0.7%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 28-08-2026, 28 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
28 d late
2024
31 d late
2023
37 d early
2022
31 d late
2021
100 d late
2020
93 d late
2019
130 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k▼ 48.2%
2024 · €50k
2018: €53k
2019: €50k
2020: €16k
2021: €36k
2022: €21k
2023: €43k
2024: €50k
2018 → 2025
Working capital
€1.19M▲ 9.6%
2024 · €1.09M
2018: €2.37M
2019: €2.28M
2020: €1.51M
2021: €1.44M
2022: €1.02M
2023: €1.05M
2024: €1.09M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€996k-€1.02M▲ 2.2%€1.06M▲ 4.2%€1.11M▲ 4.7%€1.14M▲ 2.3%
Operating result€52k-€64k▲ 22.5%€130k▲ 103%€103k▼ 20.5%€72k▼ 30.9%
Net result€36k-€21k▼ 39.8%€43k▲ 101%€50k▲ 15.6%€26k▼ 48.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.64M
Fixed assets
€457k=
Current assets
€3.19M▼ 17.3%
Equity and liabilities €3.64M
Equity
€1.14M▲ 2.3%
Provisions
€167k=
Debt
€2.34M▼ 22.9%
The debt ratio falls from 70.4% to 64.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€72k▼
2024 · €104k
Cash flow
€26k▼
2024 · €51k
Solvency
31.2%▲
2024 · 25.8%
Current ratio
1.60▲
2024 · 1.39
Quick ratio
1.27▲
2024 · 1.22
Debt / equity
2.06▼
2024 · 2.73
ROE
2.3%▼
2024 · 4.5%
ROA
0.7%▼
2024 · 1.2%
Interest coverage
2.53▼
2024 · 3.53
Debt
€2.34M▼
2024 · €3.03M
Debt ≤ 1 year
€2.00M▼
2024 · €2.77M
Debt > 1 year
€343k▲
2024 · €265k
Income taxes
€26k▼
2024 · €48k
Staff costs
€384k▲
2024 · €361k
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€4.31M€3.64M▼
Fixed assets21/28€457k€457k=
Tangible fixed assets22/27€678€501▼
Furniture and vehicles24€678€501▼
Financial fixed assets28€457k€457k=
Current assets29/58€3.85M€3.19M▼
Stocks and contracts in progress3€469k€652k▲
Stocks30/36€469k€652k▲
Amounts receivable within one year40/41€1.90M€1.85M▼
Trade receivables40€1.85M€1.81M▼
Other amounts receivable41€55k€40k▼
Cash at bank and in hand54/58€1.48M€638k▼
Deferred charges and accrued income490/1-€44k
Equity and liabilities
Total equity and liabilities10/49€4.31M€3.64M▼
Equity10/15€1.11M€1.14M▲
Contributions10/11€250k€250k=
Outside capital11€250k€250k=
Other1109/19€250k€250k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Reserves not available under the articles1311€25k€25k=
Profit (loss) carried forward14€835k€861k▲
Provisions and deferred taxes16€167k€167k=
Provisions for liabilities and charges160/5€167k€167k=
Other liabilities and charges164/5€167k€167k=
Amounts payable17/49€3.03M€2.34M▼
Amounts payable after more than one year17€265k€343k▲
Financial debts170/4€265k€343k▲
Amounts payable within one year42/48€2.77M€2.00M▼
Current portion of amounts payable after more than one year42€70k€97k▲
Trade debts44€1.03M€1.23M▲
Suppliers440/4€1.03M€1.23M▲
Advances received on contracts in progress46€2k€11k▲
Taxes, remuneration and social security45€136k€120k▼
Taxes450/3€83k€63k▼
Remuneration and social security454/9€53k€57k▲
Other amounts payable47/48€1.53M€541k▼
Income statement
Code20242025
Remuneration, social security and pensions62€361k€384k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€563€177▼
Other operating charges640/8€9k€5k▼
Gross operating margin9900€475k€461k▼
Operating profit (loss)9901€103k€72k▼
Financial income75/76B€24k€8k▼
Recurring financial income75€24k€8k▼
Financial charges65/66B€29k€28k▼
Recurring financial charges65€29k€28k▼
Profit (loss) for the period before taxes9903€98k€52k▼
Income taxes67/77€48k€26k▼
Profit (loss) for the period9904€50k€26k▼
Profit (loss) for the period to be appropriated9905€50k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€835k€861k▲
Profit (loss) brought forward from the previous period14P€785k€835k▲
Social balance
Average headcount (FTE)90874.54.5=
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €1MEq €1.02M ▲2.2%
5 profitable years in a row build equity to €1.02M.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 100 days late
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 93 days late
2020
31-12
Financial
Weakest financial yearnet €16k ▼68.4%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 130 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 83 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 77 days late
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 105 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Zaventem · 1 establishment unit since 2010
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.
Leuvensesteenweg 5101930 ZaventemGround area
7,036 m²
Building footprint
1,631 m²
Volume, LiDAR
11,988 m³
Parcel 23772C0379/00L000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GANDY DIGITAL
since 20102.188.819.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772C0379/00L000 | Flanders | 7,036 m² | 1 · 1,631 m² | 9.2 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.
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Of 2,119 companies in sector 46500 we hold annual accounts for 1,399. 852 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-03-2010
Fiscal year end31-12
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
33190Repair, maintenance and installation of machinery and equipment
46432Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.