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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GAB86 from Ternat, company number BE0834319764, closed financial year 2024 with a result of € -190,342 after tax. For that financial year GAB86 recorded revenue of € 2 million and equity of € -220,572. Compared with financial year 2023, the result moved from € -201,875 to € -190,342. The company made a loss. 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 November 27, 2025.
€ -220,572
▼ € 190,342 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -190,342
▲ 6 % less loss than in 2023
Profit after tax over the fiscal year.
€ 16,837
▼ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2024
€ 427,076
▼ 8% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20
▼ 99% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 105,783
▼ 33% vs 2023
€ 65,469 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 615,919
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 275,266
▲ 150% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 2,398,270 | € 2,385,029 | € 2,513,189 | € 1,999,801 | ▼ 20% |
| Gross margin | € 584,813 | € 278,369 | € 357,118 | € 341,602 | ▼ 4% |
| Profit after taxes | € 20,249 | € -283,525 | € -201,875 | € -190,342 | ▲ € 11,533 |
| Equity | € 455,170 | € 171,645 | € -30,231 | € -220,572 | ▼ € 190,342 |
| Total debts | € 1,047,735 | € 923,932 | € 1,079,653 | € 1,115,340 | ▲ 3% |
| Cash | € 272,920 | € 54,875 | € 59,437 | € 16,837 | ▼ 72% |
| Retained profit | € -463,430 | € -746,955 | € -948,831 | € -1,139,172 | ▼ € 190,342 |
| Bank debt | € 262,367 | € 224,369 | € 156,874 | € 105,783 | ▼ 33% |
| Balance sheet total | € 1,502,905 | € 1,095,577 | € 1,049,422 | € 894,768 | ▼ 15% |
| Employees (FTE) | 7.7 | 9.7 | 8.9 | - |
Key figures of GAB86, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GAB86?
What happened at GAB86 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 190,342. filed late Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Leuven. KBO
- New establishment in Knokke-Heist. KBO
- New establishment in Antwerpen. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- New establishment in Ternat. KBO
In short
From € 20,249 profit in 2021 to € 190,342 loss in 2024.
Paid € 810 in corporate taxes since 2021.
Best year ever: 2021, with € 20,249 profit.
On average € 40,100 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Assesteenweg 96
1740 Ternat
Antoine Bréartstraat 8
8300 Knokke-Heist
Active since 20 June 2018
Lombardenvest 34
2000 Antwerpen
Active since 1 June 2018
Sint-Pietersnieuwstraat 7
9000 Gent
Active since 1 June 2018
Pensstraat 1
3000 Leuven
Active since 26 August 2019
Noordzandstraat 14
8000 Brugge
Active since 14 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →PVH BELGIUM
ALBRO
€ 2.4 million revenue · 2024
GROEP BROEKAERT Alain
€ 2.4 million revenue · 2024
GAB International
€ 11.7 million revenue · 2024
ALTO
€ 376,739 revenue · 2024
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0834.319.764
- VAT number
- BE 0834.319.764
- Registered office
- Assesteenweg 96, 1740 Ternat
- Names & denominations
- GAB86
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2011
- Peppol
- Active · Active since 10 Aug 2026
- Activities · NACE
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Groothandel in kledingaccessoires
Groothandel in huishoudtextiel en beddengoed
Groothandel in werkkleding
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