GAM HIFI
ActiveGAM HIFI has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €21k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 191 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency100=
Growth78=
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 5.83 against 4.28 in 2024; short-term debt: 16.7% and cash: 83.9% of total assets), and 16.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 27
Relative position
BE, all sectors
reference
Sector 27
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.3%
Return on assets
21.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
1 d early
2022
31 d early
2021
90 d early
2020
24 d early
2019
92 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▲ 33.3%
2024 · €60k
2019: €24k
2020: €24k
2021: €17k
2022: €32k
2023: €39k
2024: €60k
2019 → 2025
Total assets
€96k▲ 25.8%
2024 · €76k
2019: €28k
2020: €31k
2021: €45k
2022: €46k
2023: €51k
2024: €76k
2019 → 2025
Net result
€21k▼ 4.9%
2024 · €22k
2019: €-2k
2020: €855
2021: €-7k
2022: €16k
2023: €7k
2024: €22k
2019 → 2025
Working capital
€77k▲ 44.9%
2024 · €53k
2019: €10k
2020: €13k
2021: €-8k
2022: €14k
2023: €28k
2024: €53k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€32k▲ 86.6%€39k▲ 20.8%€60k▲ 54.1%€80k▲ 33.3%
Operating result€-7k-€20k€11k▼ 45.2%€31k▲ 176%€29k▼ 6.1%
Net result€-7k-€16k€7k▼ 52.4%€22k▲ 192%€21k▼ 4.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€3k▼ 60.0%
Current assets
€93k▲ 34.0%
Equity and liabilities €96k
Equity
€80k▲ 33.3%
Debt
€16k▼ 1.7%
The debt ratio falls from 21.4% to 16.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €34k
Cash flow
€25k▼
2024 · €26k
Solvency
83.3%▲
2024 · 78.6%
Current ratio
5.83▲
2024 · 4.28
Quick ratio
5.75▲
2024 · 4.28
Debt / equity
0.20▼
2024 · 0.27
ROE
26.1%▼
2024 · 36.5%
ROA
21.7%▼
2024 · 28.7%
Interest coverage
724.82▼
2024 · 1379.72
Debt
€16k▼
2024 · €16k
Debt ≤ 1 year
€16k▼
2024 · €16k
Income taxes
€8k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76k€96k▲
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€3k▼
Furniture and vehicles24€7k€3k▼
Current assets29/58€69k€93k▲
Stocks and contracts in progress3-€1k
Stocks30/36-€1k
Amounts receivable within one year40/41€19k€11k▼
Trade receivables40€17k€10k▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€50k€80k▲
Equity and liabilities
Total equity and liabilities10/49€76k€96k▲
Equity10/15€60k€80k▲
Contributions10/11€19k€19k=
Reserves13€41k€61k▲
Distributable reserves133€41k€61k▲
Amounts payable17/49€16k€16k▼
Amounts payable within one year42/48€16k€16k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€12k€13k▲
Other amounts payable47/48€833€909▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€548€695▲
Gross operating margin9900€35k€33k▼
Operating profit (loss)9901€31k€29k▼
Financial income75/76B€99€535▲
Recurring financial income75€99€535▲
Financial charges65/66B€25€45▲
Recurring financial charges65€25€45▲
Profit (loss) for the period before taxes9903€31k€29k▼
Income taxes67/77€9k€8k▼
Profit (loss) for the period9904€22k€21k▼
Profit (loss) for the period to be appropriated9905€22k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€21k▼
Transfer to equity691/2€21k€20k▼
To other reserves6921€21k€20k▼
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €22k ▲192%
Operating result €31k, net result €22k, both a record.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 2.05
Current ratio from 0.70 to 2.05; short-term debt falls from €28k to €14k.
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-7k ▼914%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €855
Net result €855 after one loss-making year.
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wommelgem · 1 establishment unit since 1989
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.
Autolei 218-2202160 WommelgemGround area
277 m²
Building footprint
261 m²
Volume, LiDAR
1,317 m³
Parcel 11052A0083/00W004, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GAM HIFI
since 19892.042.879.782
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0083/00W004 | Flanders | 277 m² | 1 · 261 m² | 6.6 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.
Similar companies · same sector, comparable size
SMAPPEE SERVICES
BE 0835.376.866
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E.R.I.S. ELECTRO
BE 0450.022.788
Aartselaar · Eq €83k
Ferrari Elec
BE 0716.631.347
Charleroi · Eq €84k
G & M ELECTRIQUE
BE 0880.215.612
Tubize · Eq €85k
Lowlands Energy
BE 0803.101.602
Diksmuide · Eq €71k
Of 262 companies in sector 27110 we hold annual accounts for 173. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-1989
Fiscal year end31-03
Activities, NACEBEL
27110Manufacture of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.