GAMI
ActiveSummary
GAMI has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €342,598 and a net result of -€25,581. Equity is shrinking by ~3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▼-3
Solvency65▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.03 in 2023; short-term debt: 11.8% and cash: 1.3% of total assets), and 59.7% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40.3%
Return on assets
-3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€25,581
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
21 d early
2022
25 d early
2021
32 d early
2020
18 d early
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€25,581▼ 62.4%
2023 · -€15,755
Working capital
-€89,026▲ 0.8%
2023 · -€89,761
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,124▲ 22.0%-€3,043▲ 2.6%-€2,073▲ 31.9%-€1,986▲ 4.2%-€2,852▼ 43.6%
Net result-€13,287-€6,563▲ 50.6%-€12,057▼ 83.7%-€15,755▼ 30.7%-€25,581▼ 62.4%
Equity€402,555▼ 3.2%€395,991▼ 1.6%€383,934▼ 3.0%€368,179▼ 4.1%€342,598▼ 6.9%
Total assets€851,001▼ 0.5%€849,821▼ 0.1%€848,437▼ 0.2%€841,764▼ 0.8%€850,275▲ 1.0%
Debt€448,447▲ 2.0%€453,829▲ 1.2%€464,503▲ 2.4%€473,585▲ 2.0%€507,677▲ 7.2%
Working capital-€436,470▼ 23.6%€6,967-€95,090-€89,761▲ 5.6%-€89,026▲ 0.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,852 in 2024 against €1,986 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €850,275
Fixed assets
€839,024 =
Current assets
€11,250 ▲ 311%
Equity and liabilities €850,275
Equity
€342,598 ▼ 6.9%
Debt
€507,677 ▲ 7.2%
Debt's share of the balance-sheet total rises from 56.3% to 59.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.11▲
2023 · 0.03
Debt to equity
1.48▲
2023 · 1.29
ROE
-7.5%▼
2023 · -4.3%
ROA
-3.0%▼
2023 · -1.9%
Debt ≤ 1 year
€100,277▲
2023 · €92,500
Debt > 1 year
€391,347▲
2023 · €371,347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | - | €3,043 | €2,073 | €1,986 | €2,852 | ▲ 43.6% |
| Services and other goods61 | - | €2,175 | €1,205 | €1,025 | €1,885 | ▲ 83.8% |
| Other operating charges640/8 | - | €868 | €868 | €960 | €968 | ▲ 0.8% |
| Operating profit (loss)9901 | -€3,124 | -€3,043 | -€2,073 | -€1,986 | -€2,852 | ▼ 43.6% |
| Financial income75/76B | - | €492 | €577 | - | - | - |
| Recurring financial income75 | - | €492 | €577 | - | - | - |
| Income from current assets751 | - | €492 | €577 | - | - | - |
| Financial charges65/66B | - | €4,011 | €10,561 | €13,770 | €22,729 | ▲ 65.1% |
| Recurring financial charges65 | €10,163 | €4,011 | €10,561 | €13,770 | €22,729 | ▲ 65.1% |
| Debt charges650 | €9,953 | €4,011 | €10,561 | €13,770 | €22,729 | ▲ 65.1% |
| Profit (loss) for the period before taxes9903 | -€13,287 | -€6,563 | -€12,057 | -€15,755 | -€25,581 | ▼ 62.4% |
| Profit (loss) for the period9904 | -€13,287 | -€6,563 | -€12,057 | -€15,755 | -€25,581 | ▼ 62.4% |
| Profit (loss) for the period to be appropriated9905 | -€13,287 | -€6,563 | -€12,057 | -€15,755 | -€25,581 | ▼ 62.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €851,001 | €849,821 | €848,437 | €841,764 | €850,275 | ▲ 1.0% |
| Fixed assets21/28 | €839,024 | €839,024 | €839,024 | €839,024 | €839,024 | = |
| Financial fixed assets28 | €839,024 | €839,024 | €839,024 | €839,024 | €839,024 | = |
| Affiliated companies280/1 | - | €839,024 | €839,024 | €839,024 | €839,024 | = |
| Participating interests280 | - | €839,024 | €839,024 | €839,024 | €839,024 | = |
| Current assets29/58 | €11,977 | €10,796 | €9,413 | €2,739 | €11,250 | ▲ 311% |
| Amounts receivable within one year40/41 | €7,585 | €8,076 | €8,653 | €335 | - | - |
| Trade receivables40 | - | - | - | €335 | - | - |
| Other amounts receivable41 | - | €8,076 | €8,653 | - | - | - |
| Cash at bank and in hand54/58 | €4,392 | €2,720 | €760 | €2,404 | €11,250 | ▲ 368% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €851,001 | €849,821 | €848,437 | €841,764 | €850,275 | ▲ 1.0% |
| Equity10/15 | €402,555 | €395,991 | €383,934 | €368,179 | €342,598 | ▼ 6.9% |
| Contributions10/11 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Capital10 | - | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Issued capital100 | - | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Reserves13 | €7,436 | €7,436 | €7,436 | €7,436 | €7,436 | = |
| Non-distributable reserves130/1 | - | €7,436 | €7,436 | €7,436 | €7,436 | = |
| Legal reserve130 | - | €7,436 | €7,436 | €7,436 | €7,436 | = |
| Profit (loss) carried forward14 | €320,751 | €314,187 | €302,130 | €286,375 | €260,794 | ▼ 8.9% |
| Amounts payable17/49 | €448,447 | €453,829 | €464,503 | €473,585 | €507,677 | ▲ 7.2% |
| Amounts payable after more than one year17 | - | €450,000 | €360,000 | €371,347 | €391,347 | ▲ 5.4% |
| Financial debts170/4 | - | €450,000 | €360,000 | €270,000 | €180,000 | ▼ 33.3% |
| Subordinated loans170 | - | €450,000 | €360,000 | €270,000 | €180,000 | ▼ 33.3% |
| Other amounts payable178/9 | - | - | - | €101,347 | €211,347 | ▲ 109% |
| Amounts payable within one year42/48 | €448,447 | €3,829 | €104,503 | €92,500 | €100,277 | ▲ 8.4% |
| Current portion of amounts payable after more than one year42 | - | - | €90,000 | €90,000 | €90,000 | = |
| Trade debts44 | €972 | €904 | €1,578 | - | - | - |
| Suppliers440/4 | - | €904 | €1,578 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €1,733 | - |
| Taxes450/3 | - | - | - | - | €1,733 | - |
| Other amounts payable47/48 | - | €2,925 | €12,925 | €2,500 | €8,544 | ▲ 242% |
| Accrued charges and deferred income492/3 | - | - | - | €9,738 | €16,053 | ▲ 64.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,287 | -€6,563 | -€12,057 | -€15,755 | -€25,581 | ▼ 62.4% |
| Operating cash flow (approximation) | -€13,287 | -€6,563 | -€12,057 | -€15,755 | -€25,581 | ▼ 62.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,672 | -€1,960 | €1,644 | €8,847 | ▲ 438% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€25,581
Net result drops to -€25,581, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 106current ratio 2.82
Current ratio from 0.03 to 2.82; short-term debt falls from €448,447 to €3,829.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
2019
31-12
Financial
Back to profitnet €1,384
Net result €1,384 after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Charleroi · 1 establishment unit since 1994
Ground area
50.2 ha
Building footprint
8.9 ha
Volume, LiDAR
6,552 m³
2 parcels, Wallonia · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Tahon 33, 6041 Charleroi
since 19942.065.190.871
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0245/00T000 | Wallonia | 49.9 ha | 1 · 8.8 ha | - |
| 52028C0045/00R003 | Wallonia | 3,270 m² | 1 · 1,376 m² | 5.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
-
50%
Holdings 1
-
41.27%
According to the 2024 annual accounts of GAMI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded27-12-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.