G.I.S. PROJECT
ActiveSummary
G.I.S. PROJECT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89k and a net result of €6k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
80
/ 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
Profitability76▲+6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 8.2 against 6.64 in 2023; short-term debt: 11.3% and cash: 12.9% of total assets), and 11.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
17 d late
2022
31 d late
2021
24 d late
2020
28 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€89k▲ 7.1%
2023 · €83k
2018: €64k
2019: €74k
2020: €89k
2021: €83k
2022: €82k
2023: €83k
2018 → 2024
Total assets
€100k▲ 4.4%
2023 · €96k
2018: €97k
2019: €118k
2020: €117k
2021: €99k
2022: €92k
2023: €96k
2018 → 2024
Net result
€6k▲ 563%
2023 · €892
2018: €11k
2019: €10k
2020: €14k
2021: €-5k
2022: €-1k
2023: €892
2018 → 2024
Working capital
€82k▲ 11.6%
2023 · €73k
2018: €38k
2019: €51k
2020: €65k
2021: €58k
2022: €66k
2023: €73k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€89k-€83k▼ 6.0%€82k▼ 1.4%€83k▲ 1.1%€89k▲ 7.1%
Operating result€10k-€-10k€-3k▲ 70.4%€-1k▲ 58.8%€7k
Net result€14k-€-5k€-1k▲ 77.4%€892€6k▲ 563%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €100k
Fixed assets
€7k ▼ 26.2%
Current assets
€93k ▲ 7.9%
Equity and liabilities €100k
Equity
€89k ▲ 7.1%
Debt
€11k ▼ 12.6%
Debt's share of the balance-sheet total falls from 13.5% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2023 · €6k
Cash flow
€9k▲
2023 · €8k
Current ratio
8.20▲
2023 · 6.64
Quick ratio
8.11▲
2023 · 6.56
Debt to equity
0.13▼
2023 · 0.16
ROE
6.6%▲
2023 · 1.1%
ROA
5.9%▲
2023 · 0.9%
Interest coverage
94.77▲
2023 · 43.94
Debt ≤ 1 year
€11k▼
2023 · €13k
Income taxes
€6k▲
2023 · €2k
Staff costs
€3k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€96k€100k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€927€588▼
Other tangible fixed assets26€7k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€86k€93k▲
Amounts receivable after more than one year29€75k€76k▲
Other amounts receivable291€75k€76k▲
Stocks and contracts in progress3€980€980=
Stocks30/36€980€980=
Amounts receivable within one year40/41€270€3k▲
Trade receivables40€270€3k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€10k€13k▲
Deferred charges and accrued income490/1€158€34▼
Equity and liabilities
Total equity and liabilities10/49€96k€100k▲
Equity10/15€83k€89k▲
Contributions10/11€19k€19k=
Reserves13€2k€32k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€30k
Profit (loss) carried forward14€63k€38k▼
Amounts payable17/49€13k€11k▼
Amounts payable within one year42/48€13k€11k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Income statement
Code20232024
Remuneration, social security and pensions62€1k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€384€387▲
Gross operating margin9900€7k€13k▲
Operating profit (loss)9901€-1k€7k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€136€105▼
Recurring financial charges65€136€105▼
Profit (loss) for the period before taxes9903€3k€11k▲
Income taxes67/77€2k€6k▲
Profit (loss) for the period9904€892€6k▲
Profit (loss) for the period to be appropriated9905€892€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€68k▲
Profit (loss) brought forward from the previous period14P€62k€63k▲
Transfer to equity691/2-€30k
To other reserves6921-€30k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
31-12
Financial
Back to profitnet €892
Net result €892 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet €-5k ▼137%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Highest result since 2018net €14k ▲44.4%
Net result €14k, the highest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Dilbeek · 1 establishment unit since 2010
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.
Molenbergstraat 51700 DilbeekGround area
127 m²
Building footprint
55 m²
Volume, LiDAR
407 m³
Parcel 23016D0087/00D000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.I.S. PROJECT
since 20102.193.527.712
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0087/00D000 | Flanders | 127 m² | 1 · 55 m² | 9.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDilbeek2.193.527.712
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LES POTINS DE LA DODANE
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Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,094 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.