GANDIMMO
ActiveSummary
GANDIMMO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €569k and a net result of €3k. Equity is shrinking by ~2.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+20
Solvency90▲+2
Growth40▼-4
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.1 in 2024; short-term debt: 5.8% and cash: 0.4% of total assets), and 35.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
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
64.8%
Return on assets
0.3%
Age of the figures
9 mo
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
70 d early
2023
76 d early
2022
72 d early
2021
68 d early
2020
67 d early
2019
64 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€34k▲ 3.4%
2024 · €33k
2023: €29klowest in 3 years
2024: €33k▲ +10.5% vs 2023
2025: €34k▲ +3.4% vs 2024highest in 3 years
2023 → 2025
EBIT margin
12.8%▲ 48.7pp
2024 · -35.9%
2023: -23.4%
2024: -35.9%▼ -53.2% vs 2023lowest in 3 years
2025: 12.8%▲ +136% vs 2024highest in 3 years
2023 → 2025
Net result
€3k
2024 · €-13k
2018: €360khighest in 8 years
2019: €-4k▼ -101% vs 2018
2020: €-5k▼ -28.4% vs 2019
2021: €-37k▼ -660% vs 2020lowest in 8 years
2022: €-23k▲ +37.6% vs 2021
2023: €-9k▲ +62.8% vs 2022
2024: €-13k▼ -53.5% vs 2023
2025: €3k▲ +122% vs 2024
2018 → 2025
Working capital
€-47k▼ 332%
2024 · €-11k
2021: €411khighest in 5 years
2022: €-11k▼ -103% vs 2021
2023: €-10k▲ +7.2% vs 2022
2024: €-11k▼ -5.7% vs 2023
2025: €-47k▼ -332% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€29k€33k▲ 10.5%€34k▲ 3.4%
2023: €29klowest in 3 years
2024: €33k▲ +10.5% vs 2023
2025: €34k▲ +3.4% vs 2024highest in 3 years
Equity€612k-€588k▼ 3.8%€580k▼ 1.5%€566k▼ 2.3%€569k▲ 0.5%
2021: €612khighest in 5 years
2022: €588k▼ -3.8% vs 2021
2023: €580k▼ -1.5% vs 2022
2024: €566k▼ -2.3% vs 2023lowest in 5 years
2025: €569k▲ +0.5% vs 2024
Operating result€-37k-€-20k▲ 45.6%€-7k▲ 65.5%€-12k▼ 69.3%€4k
2021: €-37klowest in 5 years
2022: €-20k▲ +45.6% vs 2021
2023: €-7k▲ +65.5% vs 2022
2024: €-12k▼ -69.3% vs 2023
2025: €4k▲ +137% vs 2024highest in 5 years
Net result€-37k-€-23k▲ 37.6%€-9k▲ 62.8%€-13k▼ 53.5%€3k
2021: €-37klowest in 5 years
2022: €-23k▲ +37.6% vs 2021
2023: €-9k▲ +62.8% vs 2022
2024: €-13k▼ -53.5% vs 2023
2025: €3k▲ +122% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €12k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €879k
Fixed assets
€875k ▼ 2.7%
Current assets
€4k ▲ 212%
Equity and liabilities €879k
Equity
€569k ▲ 0.5%
Provisions
€99k ▼ 3.2%
Debt
€210k ▼ 9.1%
Debt's share of the balance-sheet total falls from 25.7% to 23.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €12k
Cash flow
€27k▲
2024 · €11k
Current ratio
0.08▼
2024 · 0.10
Debt to equity
0.37▼
2024 · 0.41
ROE
0.5%▲
2024 · -2.3%
ROA
0.3%▲
2024 · -1.5%
Interest coverage
6.11▲
2024 · 2.55
Debt ≤ 1 year
€51k▲
2024 · €12k
Debt > 1 year
€159k▼
2024 · €218k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€901k€879k▼
Fixed assets21/28€899k€875k▼
Tangible fixed assets22/27€899k€875k▼
Land and buildings22€899k€875k▼
Current assets29/58€1k€4k▲
Cash at bank and in hand54/58€1k€4k▲
Deferred charges and accrued income490/1-€48
Equity and liabilities
Total equity and liabilities10/49€901k€879k▼
Equity10/15€566k€569k▲
Contributions10/11€377k€377k=
Capital10€372k€372k=
Issued capital100€372k€372k=
Outside capital11€5k€5k=
Share premium1100/10€5k€5k=
Reserves13€328k€318k▼
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Tax-exempt reserves132€308k€298k▼
Profit (loss) carried forward14€-139k€-126k▲
Provisions and deferred taxes16€103k€99k▼
Deferred taxes168€103k€99k▼
Amounts payable17/49€232k€210k▼
Amounts payable after more than one year17€218k€159k▼
Financial debts170/4€216k€157k▼
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€12k€51k▲
Current portion of amounts payable after more than one year42€10k€49k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€500-
Accrued charges and deferred income492/3€2k€762▼
Income statement
Code20242025
Turnover70€33k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k=
Other operating charges640/8€2k€3k▲
Gross operating margin9900€15k€31k▲
Operating profit (loss)9901€-12k€4k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€-17k€-355▲
Transfer from deferred taxes780€3k€3k=
Profit (loss) for the period9904€-13k€3k▲
Transfer from tax-exempt reserves789€10k€10k=
Profit (loss) for the period to be appropriated9905€-3k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-139k€-126k▲
Profit (loss) brought forward from the previous period14P€-136k€-139k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €29k | €33k | €34k | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €12k | €24k | €24k | €24k | = |
| Other operating charges640/8 | €5k | €4k | €5k | €2k | €3k | ▲ 25.2% |
| Gross operating margin9900 | €-15k | €-5k | €22k | €15k | €31k | ▲ 114% |
| Operating profit (loss)9901 | €-37k | €-20k | €-7k | €-12k | €4k | ▲ 137% |
| Financial charges65/66B | €593 | €4k | €5k | €5k | €5k | ▼ 4.8% |
| Recurring financial charges65 | €593 | €4k | €5k | €5k | €5k | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €-37k | €-24k | €-12k | €-17k | €-355 | ▲ 97.9% |
| Transfer from deferred taxes780 | - | €699 | €3k | €3k | €3k | = |
| Profit (loss) for the period9904 | €-37k | €-23k | €-9k | €-13k | €3k | ▲ 122% |
| Transfer from tax-exempt reserves789 | - | €2k | €10k | €10k | €10k | = |
| Profit (loss) for the period to be appropriated9905 | €-37k | €-21k | €1k | €-3k | €13k | ▲ 477% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €879k | €945k | €925k | €901k | €879k | ▼ 2.4% |
| Fixed assets21/28 | €458k | €943k | €924k | €899k | €875k | ▼ 2.7% |
| Tangible fixed assets22/27 | €458k | €943k | €924k | €899k | €875k | ▼ 2.7% |
| Land and buildings22 | - | €943k | €924k | €899k | €875k | ▼ 2.7% |
| Assets under construction and advance payments27 | €458k | - | - | - | - | - |
| Current assets29/58 | €422k | €2k | €2k | €1k | €4k | ▲ 212% |
| Cash at bank and in hand54/58 | €422k | €2k | €1k | €1k | €4k | ▲ 208% |
| Deferred charges and accrued income490/1 | - | - | €307 | - | €48 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €879k | €945k | €925k | €901k | €879k | ▼ 2.4% |
| Equity10/15 | €612k | €588k | €580k | €566k | €569k | ▲ 0.5% |
| Contributions10/11 | €377k | €377k | €377k | €377k | €377k | = |
| Capital10 | €372k | €372k | €372k | €372k | €372k | = |
| Issued capital100 | €372k | €372k | €372k | €372k | €372k | = |
| Outside capital11 | €5k | €5k | €5k | €5k | €5k | = |
| Share premium1100/10 | €5k | €5k | €5k | €5k | €5k | = |
| Reserves13 | €350k | €348k | €338k | €328k | €318k | ▼ 3.0% |
| Non-distributable reserves130/1 | €21k | €21k | €21k | €21k | €21k | = |
| Legal reserve130 | €21k | €21k | €21k | €21k | €21k | = |
| Tax-exempt reserves132 | €330k | €328k | €318k | €308k | €298k | ▼ 3.2% |
| Profit (loss) carried forward14 | €-116k | €-137k | €-136k | €-139k | €-126k | ▲ 9.2% |
| Provisions and deferred taxes16 | €110k | €109k | €106k | €103k | €99k | ▼ 3.2% |
| Deferred taxes168 | €110k | €109k | €106k | €103k | €99k | ▼ 3.2% |
| Amounts payable17/49 | €158k | €248k | €240k | €232k | €210k | ▼ 9.1% |
| Amounts payable after more than one year17 | €147k | €233k | €226k | €218k | €159k | ▼ 27.1% |
| Financial debts170/4 | €147k | €233k | €224k | €216k | €157k | ▼ 27.4% |
| Other amounts payable178/9 | - | - | €2k | €2k | €2k | = |
| Amounts payable within one year42/48 | €11k | €14k | €12k | €12k | €51k | ▲ 319% |
| Current portion of amounts payable after more than one year42 | €11k | €14k | €9k | €10k | €49k | ▲ 396% |
| Trade debts44 | - | €84 | - | - | - | - |
| Suppliers440/4 | - | €84 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €2k | €2k | €2k | ▲ 16.1% |
| Taxes450/3 | - | - | €2k | €2k | €2k | ▲ 16.1% |
| Other amounts payable47/48 | - | - | €1k | €500 | - | - |
| Accrued charges and deferred income492/3 | - | €898 | €1k | €2k | €762 | ▼ 58.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-37k | €-23k | €-9k | €-13k | €3k | ▲ 122% |
| + Depreciation and write-downs630 | €16k | €12k | €24k | €24k | €24k | = |
| Operating cash flow (approximation) | €-21k | €-12k | €15k | €11k | €27k | ▲ 149% |
| Investment in fixed assets (approximation) | - | €-497k | €-5k | €0 | €0 | - |
| Change in cash | - | €-419k | €-1k | €-156 | €3k | ▲ 1,777% |
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
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 6 loss-making years.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 42 days late
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-06
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.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Jette · 1 establishment unit since 1989
Ground area
7,299 m²
Building footprint
1,178 m²
Volume, LiDAR
26,424 m³
2 parcels, Brussels, Flanders · tallest building 29.4 m, ±8 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Jan Tieboutstraat 21, 1731 Asse
since 19892.044.192.747
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095C0087/00K014 | Flanders | 4,896 m² | - | - |
| 21010A0074/00H003 | Brussels | 2,403 m² | 1 · 1,178 m² | 29.4 m · 8 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.
Identification & contact
Identification
Legal formPublic limited company
Founded25-04-1989
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.