Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GAZGAN from Pepingen, company number BE0476992649, closed financial year 2025 with a result of € 1,400 after tax. For that financial year GAZGAN recorded a gross margin of € 4,010 and equity of € -70,856. Compared with financial year 2024, the result moved from € -3,832 to € 1,400. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -70,856
▲ € 1,400 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,400
▲ still € 3,832 loss in 2024
Profit after tax over the fiscal year.
€ 2,690
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -89,456.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 67
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,127 | € -1,564 | € -64 | € 4,010 | ▲ € 4,074 |
| Profit after taxes | € -6,921 | € -1,912 | € -3,832 | € 1,400 | ▲ € 5,232 |
| Equity | € -66,513 | € -68,425 | € -72,257 | € -70,856 | ▲ € 1,400 |
| Total debts | € 147,257 | € 137,515 | € 138,251 | € 130,318 | ▼ 6% |
| Cash | - | - | - | € 2,690 | |
| Retained profit | € -85,113 | € -87,025 | € -90,857 | € -89,456 | ▲ € 1,400 |
| Balance sheet total | € 80,744 | € 69,089 | € 65,994 | € 59,462 | ▼ 10% |
Key figures of GAZGAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GAZGAN?
What happened at GAZGAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,400. filed late Source: NBB ↗
- Kenneth Gazzard became a director. NBB
- New establishment in Sint-Genesius-Rode. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,921 loss in 2022 to € 1,400 profit in 2025.
Best year ever: 2025, with € 1,400 profit.
Management
Behind GAZGAN is Kenneth Gazzard.
Directors
According to the 2025 annual accounts
Kenneth Gazzard
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Steenweg op Elingen(P) 7 box A
1670 Pepingen
Lindestraat 16
1640 Sint-Genesius-Rode
Active since 13 May 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.992.649
- VAT number
- BE 0476.992.649
- Registered office
- Steenweg op Elingen(P) 7 bus A, 1670 Pepingen
- Names & denominations
- GAZGAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2002
- Peppol
- Not registered
- Activities · NACE
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