Equity
€256,091 ▼ 15.1%
GIKA paid out €101,589 in dividends. That is 182% of the 2025 profit.
GIKA
Lifetime
15 annual accounts with figures on one time axispeak €235,363 (2025)
€235,363▲ 15.8%
lowest -€8,730 (2015)
€55,945▲ 56.8%
peak €301,734 (2024)
€256,091▼ 15.1%
€663,369▼ 10.3%
Board1 name since 2021
-
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €203,191 to €235,363Result from €35,678 to €55,945Dividend €101,589Equity from €301,734 to €256,091
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 49% of micro companies in food products (NACE 10)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,080 companies (NACE 10, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.3 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of food products (NACE 10)
lowers risk
Size: total assets €919,459
Figures for financial year 2025 (filed on 08-07-2026)
Founded in 2011
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 44% of them on solvency, 70% on liquidity, 59% on profitability and 24% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as GIKA has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GIKA itself is lower: 0.1% within 12 months. It rests on far more data about GIKA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for GIKA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.78 in 2024), below the usual 1.5. Short-term debt is 14.3% and cash 14% of total assets. 72.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 days early
2024
16 days early
2023
23 days early
2022
14 days early
2021
12 days early
2020
5 days early
2019
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: VAN DAMME Guy (manager)
Reappointment: VAN DAMME Guy (director) · “Groot- en kleinhandel in en de fabricage van consumptie-ijs,melkijs,roomijs,ijspreparaten en mixen,en alle…” (deed in Dutch) · Director discharge: VAN DAMME Guy (manager) · General meeting of 21-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0834540191
Incorporation
published on 17-03-2011 · Gazette deed
First establishment
Ambachtslaan 5230, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GIKA Sint-Truiden | €0.9m | €235,363 | 27.9% | - |
| Pitschon Stijn Leuven | €0.8m | €271,873 | 17.3% | - |
| LUCARDI Kortrijk | €1.0m | €304,838 | 26.7% | - |
| GOURMAND'ICE Verviers | €1.1m | €307,664 | 45.0% | - |
| TENDANCE GLACEE Namur | €0.6m | €247,899 | -7.2% | - |
| FROMAGERIE DU VIEUX MOULIN Herve | €0.9m | €404,470 | 45.9% | 5.8 |
| De Simz Knokke-Heist | €0.6m | €238,134 | 10.4% | 1.4 |
These companies have the same main activity as GIKA: manufacture of food products (NACE 10520). They are comparable in size and age: total assets between €583,000 and €1.1m, founded between 2008 and 2013.
Official details
Source: KBO- Status
- Active since 15-03-2011Normal situation
- Activity
- Manufacture of food productsNACE 10520and 3 others
- Establishment unit
- 2.199.324.3523800 Sint-Truiden, since 15-03-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 20-01-2023
Annual accounts 2025
- ≈ €590,000estimated
- €919,459▼ 11.7%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on GIKA
GIKA files the micro format. That format states no turnover. The gross margin rose from €11,130 in 2011 to €235,363 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GIKA
- What is the company number of GIKA?
- The company number of GIKA is 0834.540.191. The VAT number is the same number with BE in front: BE 0834.540.191.
- Where is GIKA based?
- The registered office is at Terbeek 42, 3800 Sint-Truiden.Company details
- What does GIKA do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10520).
- What is the legal form of GIKA?
- GIKA is a private limited company (BV).
- When was GIKA founded?
- GIKA was founded on 15-03-2011.
- Is GIKA still active?
- Yes, GIKA is an active enterprise in the KBO register.
- How many employees does GIKA have?
- GIKA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GIKA?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €235,363 and 2,205 comparable companies of the same size. It probably lies between €390,000 and €910,000. It is a rough estimate.
- Is GIKA profitable?
- In financial year 2025, GIKA made a profit of €55,945.
- Where can I find the annual accounts of GIKA?
- GIKA filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GIKA due?
- GIKA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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