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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GURBANY from Middelkerke, company number BE0828716035, closed financial year 2025 with a result of € 5,985 after tax. For that financial year GURBANY recorded a gross margin of € 29,718 and equity of € -3,858. Compared with financial year 2024, the result moved from € -2,634 to € 5,985. 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 July 28, 2026.
€ -3,858
▲ € 5,985 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,985
▲ still € 2,634 loss in 2024
Profit after tax over the fiscal year.
€ 11,120
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -22,458.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 18,480
▼ 33% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 5,164
▲ 150% vs 2024
Loans from banks and other lenders, long and short.
€ 25,485
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,661
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,451 | € 28,617 | € 38,531 | € 29,718 | ▼ 23% |
| Profit after taxes | € 9,533 | € 945 | € -2,634 | € 5,985 | ▲ € 8,619 |
| Equity | € -8,153 | € -7,209 | € -9,842 | € -3,858 | ▲ € 5,985 |
| Total debts | € 53,823 | € 57,849 | € 61,270 | € 44,998 | ▼ 27% |
| Cash | € 3,413 | € 18,531 | € 16,058 | € 11,120 | ▼ 31% |
| Land & buildings | - | € 3,584 | € 3,198 | € 2,812 | ▼ 12% |
| Retained profit | € -26,753 | € -25,809 | € -28,442 | € -22,458 | ▲ € 5,985 |
| Bank debt | € 4,993 | € 588 | € 2,064 | € 5,164 | ▲ 150% |
| Balance sheet total | € 45,669 | € 50,641 | € 51,428 | € 41,140 | ▼ 20% |
Key figures of GURBANY, 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 GURBANY?
What happened at GURBANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,985. Source: NBB ↗
- Mamood Gurbany became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,533 profit in 2022 to € 5,985 profit in 2025.
Paid € 10,780 in corporate taxes since 2022.
Best year ever: 2022, with € 9,533 profit.
Management
Behind GURBANY is Mamood Gurbany. Mamood Gurbany is also behind M&F.
Directors
According to the 2025 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Meeuwenlaan 22
8434 Middelkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0828.716.035
- VAT number
- BE 0828.716.035
- Registered office
- Meeuwenlaan 22, 8434 Middelkerke
- Names & denominations
- GURBANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 August 2010
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)