GAS.BE
ActiveSummary
GAS.BE has been active since 1936 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.59M and a net result of €96k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 43% of 502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-9
Solvency79▼-1
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity ample (current ratio 3.86 against 3.79 in 2024; short-term debt: 21.8% and cash: 18.4% of total assets), and 46.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← 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
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
53.6%
Return on assets
1.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.59M
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 14-07-2026, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
17 d early
2024
197 d late
2023
135 d late
2022
501 d late
2021
866 d late
2020
131 d late
2019
112 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€96k▼ 82.8%
2024 · €558k
2018: €-301k
2019: €15k
2020: €292k
2021: €630k
2022: €-61k
2023: €-31k
2024: €558k
2018 → 2025
Working capital
€4.17M▲ 10.6%
2024 · €3.77M
2018: €2.69M
2019: €3.80M
2020: €2.76M
2021: €2.72M
2022: €2.86M
2023: €3.09M
2024: €3.77M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.03M-€2.97M▼ 2.0%€2.94M▼ 1.1%€3.49M▲ 18.8%€3.59M▲ 2.8%
Operating result€639k-€-53k€-29k▲ 44.6%€519k€68k▼ 86.8%
Net result€630k-€-61k€-31k▲ 49.2%€558k€96k▼ 82.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.70M
Fixed assets
€1.06M ▼ 11.0%
Current assets
€5.63M ▲ 9.9%
Equity and liabilities €6.70M
Equity
€3.59M ▲ 2.8%
Provisions
€1.61M ▲ 9.6%
Debt
€1.49M ▲ 10.4%
Debt's share of the balance-sheet total rises from 21.4% to 22.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€352k▼
2024 · €800k
Cash flow
€380k▼
2024 · €839k
Current ratio
3.86▲
2024 · 3.79
Debt to equity
0.42▲
2024 · 0.39
ROE
2.7%▼
2024 · 16.0%
ROA
1.4%▼
2024 · 8.8%
Interest coverage
61.17▼
2024 · 135.21
Debt ≤ 1 year
€1.46M▲
2024 · €1.35M
Income taxes
€15k▲
2024 · €170
Staff costs
€2.20M▲
2024 · €2.19M
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.32M€6.70M▲
Fixed assets21/28€1.19M€1.06M▼
Intangible fixed assets21€225k€178k▼
Tangible fixed assets22/27€958k€884k▼
Plant, machinery and equipment23€189k€252k▲
Furniture and vehicles24€86k€66k▼
Other tangible fixed assets26€684k€567k▼
Financial fixed assets28€11k-
Current assets29/58€5.13M€5.63M▲
Amounts receivable within one year40/41€941k€637k▼
Trade receivables40€841k€367k▼
Other amounts receivable41€100k€270k▲
Current investments50/53€96k€3.63M▲
Cash at bank and in hand54/58€4.04M€1.24M▼
Deferred charges and accrued income490/1€53k€127k▲
Equity and liabilities
Total equity and liabilities10/49€6.32M€6.70M▲
Equity10/15€3.49M€3.59M▲
Reserves13€322k€322k=
Profit (loss) carried forward14€3.17M€3.27M▲
Provisions and deferred taxes16€1.47M€1.61M▲
Provisions for liabilities and charges160/5€1.47M€1.61M▲
Taxes161€1.47M€1.61M▲
Amounts payable17/49€1.35M€1.49M▲
Amounts payable within one year42/48€1.35M€1.46M▲
Trade debts44€708k€830k▲
Suppliers440/4€708k€830k▲
Advances received on contracts in progress46€250k-
Taxes, remuneration and social security45€394k€381k▼
Taxes450/3€15k€682▼
Remuneration and social security454/9€380k€380k▲
Accrued charges and deferred income492/3€441€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2.19M€2.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€281k€283k▲
Other operating charges640/8€17k€24k▲
Gross operating margin9900€3.08M€2.72M▼
Operating profit (loss)9901€519k€68k▼
Financial income75/76B€45k€49k▲
Recurring financial income75€815€49k▲
Non-recurring financial income76B€44k-
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€559k€111k▼
Income taxes67/77€170€15k▲
Profit (loss) for the period9904€558k€96k▼
Profit (loss) for the period to be appropriated9905€558k€96k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.17M€3.27M▲
Profit (loss) brought forward from the previous period14P€2.61M€3.17M▲
Social balance
Average headcount (FTE)908713.913.6▼
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
13-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 197 days late
2024
31-12
Financial
Back to profitnet €558k
Net result €558k after 2 loss-making years.
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 135 days late
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 501 days late
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 866 days late
2021
31-12
Financial
Highest result since 2018net €630k ▲116%
Operating result €639k, net result €630k, both a record.
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 131 days late
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 112 days late
25-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 299 days late
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 664 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 27 acts read
About the unread acts
We know of 27 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
27 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, Brussel · 3 establishment units since 1936
Ground area
1,107 m²
Building footprint
432 m²
Volume, LiDAR
4,930 m³
3 parcels, Brussels · tallest building 27.5 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
3 establishment units
Gas.be
since 19362.151.336.373
Gas.be
since 20162.256.573.851
Experga
since 20232.349.523.211
3 parcels
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0167/00P000 ProtectedMonumentEdmond Van Eetveldehuis |
Brussels | 558 m² | 1 · 325 m² | 27.5 m · 5 fl. |
| 21813E0125/00B000 | Brussels | 286 m² | 1 · 107 m² | - |
| 21813E0071/02A004 | Brussels | 263 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
European Union, budget
2022 to 2024 · 4 entries| Year | Entries | awarded |
|---|---|---|
| 2024 | 2 | 0 EUR |
| 2023 | 1 | 0 EUR |
| 2022 | 1 | 0 EUR |
Projects
SPECIFIC CONTRACT NO 3 CINEA/LIFE CET/2024/SC 03/SI2.930352 IMPLEMENTING FRAMEWORK CONTRACT NO ENER/B3/2019-537-2020/OP/0009
SPECIFIC CONTARCT NO 2 - CINEA/LIFE CET/2023/SC 02/SI2.909294 - PROVISION OF SERVICES AND TECHNICAL ASSISTANCE FOR TESTING CAMPAIGNS OF ENERGY-RELATED PRODUCTS SUBJECT TO ECODESIGN OR ENERGY LABELLING -FWC ENER/B3/20L9-537-2020/OP/0009
CINEA/LIFE CET/2021/SC01/SI2.870210- IMLEMENTING FWC ENER/B3/2019-537-2020/OP/0009
European research
1 project · 405,801 EUR EU contributionProgrammes
Horizon 2020
Projects
Testing Hydrogen admixture for Gas Applications
Recognitions · licences · registrations
Legal Entity Identifier
984500DC2BS42C771F82
Similar companies · same sector, comparable size
Euroalliages
BE 0448.969.547
Sint-Pieters-Woluwe · Eq €3.55M
FoodDrinkEurope
BE 0419.460.266
Etterbeek · Eq €3.67M
Limburgs Secretariaat van de Christene Middenstand
BE 0406.558.969
Hasselt · Eq €3.49M
INSTITUUT VOOR VORMING EN ONDERZOEK IN DE CONFECTIE - INSTITUT POUR LA RECHERCHE ET L'ENSEIGNEMENT DANS LA CONFECTION
BE 0431.148.469
Asse · Eq €3.70M
Cembureau - Association Européenne du Ciment
BE 0454.355.324
Malmö · Eq €3.75M
Of 1,008 companies in sector 94120 we hold annual accounts for 350. 223 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 formNon-profit association
Founded20-05-1936
Fiscal year end31-12
Activities, NACEBEL 2025
94110Activities of business and employers' organisations
94120Activities of professional membership organisations
58130Publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@kvbg.be
Phone:02/383 02 00
Fax:02/380 87 04