Gardevoo
ActiveSummary
The computed 12-month bankruptcy probability of Gardevoo is 3.7% (moderate). The 2025 annual accounts show equity of €95k and a net result of €-12k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 48% of 13305 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
43
/ 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
Profitability39▼-37
Solvency53▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity short (current ratio 0.72 against 0.87 in 2024; short-term debt: 32.9% and cash: 13.7% of total assets), and 72.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Sector 56
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
27.8%
Return on assets
-3.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
5 d late
2023
on the day
2022
25 d early
2021
22 d late
2020
386 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€95k▼ 11.5%
2024 · €107k
2019: €19k
2020: €40k
2021: €53k
2022: €51k
2023: €84k
2024: €107k
2019 → 2025
Total assets
€341k▼ 15.3%
2024 · €403k
2019: €63k
2020: €90k
2021: €126k
2022: €128k
2023: €176k
2024: €403k
2019 → 2025
Net result
€-12k
2024 · €23k
2019: €-11k
2020: €21k
2021: €13k
2022: €-2k
2023: €33k
2024: €23k
2019 → 2025
Working capital
€-32k▼ 84.4%
2024 · €-17k
2019: €11k
2020: €30k
2021: €44k
2022: €41k
2023: €70k
2024: €-17k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€51k▼ 4.0%€84k▲ 64.3%€107k▲ 27.6%€95k▼ 11.5%
Operating result€14k-€1k▼ 93.0%€47k▲ 4,592%€31k▼ 34.8%€-1k
Net result€13k-€-2k€33k€23k▼ 29.5%€-12k
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 €1k after €31k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341k
Fixed assets
€260k ▼ 8.3%
Current assets
€81k ▼ 32.1%
Equity and liabilities €341k
Equity
€95k ▼ 11.5%
Debt
€246k ▼ 16.7%
Debt's share of the balance-sheet total falls from 73.4% to 72.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37k▼
2024 · €46k
Cash flow
€26k▼
2024 · €39k
Current ratio
0.72▼
2024 · 0.87
Quick ratio
0.53▼
2024 · 0.72
Debt to equity
2.60▼
2024 · 2.76
ROE
-13.0%▼
2024 · 21.6%
ROA
-3.6%▼
2024 · 5.7%
Interest coverage
2.96▼
2024 · 7.27
Debt ≤ 1 year
€112k▼
2024 · €136k
Debt > 1 year
€134k▼
2024 · €160k
Income taxes
€-1k▼
2024 · €1k
Staff costs
€180k▲
2024 · €150k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€403k€341k▼
Fixed assets21/28€284k€260k▼
Tangible fixed assets22/27€283k€260k▼
Plant, machinery and equipment23€255k€235k▼
Furniture and vehicles24€28k€20k▼
Other tangible fixed assets26-€4k
Financial fixed assets28€320€320=
Current assets29/58€119k€81k▼
Stocks and contracts in progress3€21k€21k=
Stocks30/36€21k€21k=
Amounts receivable within one year40/41€15k€8k▼
Trade receivables40€9k€0▼
Other amounts receivable41€6k€8k▲
Cash at bank and in hand54/58€83k€47k▼
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€403k€341k▼
Equity10/15€107k€95k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€77k€65k▼
Amounts payable17/49€296k€246k▼
Amounts payable after more than one year17€160k€134k▼
Financial debts170/4€160k€134k▼
Amounts payable within one year42/48€136k€112k▼
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€25k€18k▼
Suppliers440/4€25k€18k▼
Taxes, remuneration and social security45€33k€16k▼
Taxes450/3€17k€10k▼
Remuneration and social security454/9€15k€6k▼
Other amounts payable47/48€54k€53k▼
Income statement
Code20242025
Remuneration, social security and pensions62€150k€180k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€38k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€198k€219k▲
Operating profit (loss)9901€31k€-1k▼
Financial income75/76B€5€3▼
Recurring financial income75€5€3▼
Financial charges65/66B€6k€12k▲
Recurring financial charges65€6k€12k▲
Profit (loss) for the period before taxes9903€24k€-14k▼
Income taxes67/77€1k€-1k▼
Profit (loss) for the period9904€23k€-12k▼
Profit (loss) for the period to be appropriated9905€23k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€65k▼
Profit (loss) brought forward from the previous period14P€54k€77k▲
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-12k ▼153%
Net result drops to €-12k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Equity above €100kEq €107k ▲27.6%
2 profitable years in a row build equity to €107k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
21-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 386 days late
2020
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
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, Lede · 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.
Markt 369340 LedeGround area
268 m²
Building footprint
268 m²
Volume, LiDAR
1,859 m³
Parcel 41034F0839/00B000, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gardevoo
since 20192.294.361.586
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034F0839/00B000 | Flanders | 268 m² | 1 · 268 m² | 13.9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLede2.294.361.586
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,637 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.