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Ghyselen-Vandenberghe

Active
Private limited companyfounded 20224 yrs activeVondelstraat 95, 8310 Brugge, BelgiumKBO/BCE: BE 0781.504.947

Ghyselen-Vandenberghe has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71k and a net result of €28k. Equity is growing by ~61.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
91 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 5.86 against 4.14 in 2023; short-term debt: 16.6% and cash: 90% of total assets), and 18.8% 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.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
40 d early
2022
43 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€71k▲ 65.5%
2023 · €43k
2022: €18k 2023: €43k
2022 → 2024
Total assets
€87k▲ 51.3%
2023 · €58k
2022: €31k 2023: €58k
2022 → 2024
Net result
€28k▲ 12.5%
2023 · €25k
2022: €13k 2023: €25k
2022 → 2024
Working capital
€70k▲ 70.8%
2023 · €41k
2022: €14k 2023: €41k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€18k-€43k▲ 140%€71k▲ 65.5%
Operating result€19k-€32k▲ 64.4%€36k▲ 13.9%
Net result€13k-€25k▲ 93.7%€28k▲ 12.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2022: €19k€19kNet result 2022: €13k€13kOperating result 2023: €32k€32kNet result 2023: €25k€25kOperating result 2024: €36k€36kNet result 2024: €28k€28k202220232024
The operating result has risen two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €87k
Fixed assets €2k▼ 30.4%
Current assets €85k▲ 56.2%
Equity and liabilities €87k
Equity €71k▲ 65.5%
Debt €16k▲ 10.3%
The debt ratio falls from 25.7% to 18.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€37k
2023 · €33k
Cash flow
€29k
2023 · €26k
Solvency
81.2%
2023 · 74.3%
Current ratio
5.86
2023 · 4.14
Quick ratio
5.86
2023 · 4.14
Debt / equity
0.23
2023 · 0.35
ROE
39.6%
2023 · 58.2%
ROA
32.2%
2023 · 43.3%
Interest coverage
746.63
2023 · 780.52
Debt
€16k
2023 · €15k
Debt ≤ 1 year
€14k
2023 · €13k
Income taxes
€8k
2023 · €7k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€58k€87k
Fixed assets21/28€3k€2k
Tangible fixed assets22/27€3k€2k
Plant, machinery and equipment23€3k€2k
Current assets29/58€54k€85k
Amounts receivable within one year40/41€17k€7k
Trade receivables40€11k€6k
Other amounts receivable41€5k€901
Cash at bank and in hand54/58€38k€78k
Equity and liabilities
Total equity and liabilities10/49€58k€87k
Equity10/15€43k€71k
Contributions10/11€5k€5k=
Reserves13€38k€66k
Distributable reserves133€38k€66k
Amounts payable17/49€15k€16k
Amounts payable within one year42/48€13k€14k
Trade debts44€1k€991
Suppliers440/4€1k€991
Taxes, remuneration and social security45€12k€13k
Taxes450/3€12k€13k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€975€975=
Other operating charges640/8€330€289
Gross operating margin9900€33k€38k
Operating profit (loss)9901€32k€36k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€42€50
Recurring financial charges65€42€50
Profit (loss) for the period before taxes9903€32k€36k
Income taxes67/77€7k€8k
Profit (loss) for the period9904€25k€28k
Profit (loss) for the period to be appropriated9905€25k€28k
Appropriation of the result
Profit (loss) to be appropriated9906€25k€28k
Transfer to equity691/2€25k€28k
To other reserves6921€25k€28k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €28k ▲12.5%
Operating result €36k, net result €28k, both a record.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 4.14
Current ratio from 2.06 to 4.14.
18-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Vondelstraat 958310 Brugge
Ground area
671 m²
Building footprint
96 m²
Volume, LiDAR
757 m³
Parcel 31002A0006/00X000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ghyselen-Vandenberghe
Vondelstraat 95, 8310 BruggeOther business support services
since 20222.328.238.738
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31002A0006/00X000 Flanders 671 m² 1 · 96 m² 11.0 m · 3 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.

Similar companies · same sector, comparable size

Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 7,104 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-02-2022
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.