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GFI

Active Public limited companyfounded 1995active for 30 yearsHombekerkouter 39, 2811 MechelenKBO/BCE: BE 0456.632.349

Lifetime

19 annual accounts with figures on one time axis, 29 filings since 1997
peak €507,274 (2025)
€507,274▲ 15.2%
lowest -€68,775 (2012)
€152,275▲ 51.4%
peak €1.4m (2025)
€1.4m▲ 11.8%
€3.1m▲ 0.1%
Board5 names since 2022
1 directorALENICO
Documentsfilings and deeds
13-08-202613 days late
2025financial year
Gross margin from €440,196 to €507,274Result from €100,604 to €152,275Merger: GFI takes over AGI 31-01Cash from €186,723 to €320,097

Key points

from the 2025 annual accounts

Equity

€1.4m ▲ 11.8%

GFI has made a profit without a break since 2017.

Result

€152,275 ▲ 51.4%
€101,0002024€152,0002025

The result rose in 2025 from €100,604 to €152,275.

Turnover

≈ €770,000 estimated

The accounts state no turnover.

Investments

€41,235 0.2 × depreciation
20222023202320242025

Green is investment, beige is depreciation.

Filings

29 annual accounts 30 filings since 1997
AprilJune31 JulyOctober200020102020

Four of the last ten came late. The 2024 accounts came latest: 26 days after the end of the period.

Restructuring

2025
  • 24-11-1995 founded
  • 31-01-2025 merger with AGI

Merger with AGI. Merger on 31-01-2025.

Checked score

92
Excellent
Financially stronger than 37% of small companies in head offices and management consultancy (NACE 70)
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: 0.1% across 4,522 companies (NACE 70, small).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 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: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Average

56+2equity 31.3% of total assets
25+4short-term debt 63.9% · cash 7.0%
53+7return on assets 3.3%

Score breakdown

raises risk
Liquidity: current ratio 0.65, cash €320,097
lowers risk
Size: total assets €4.6m
Figures for financial year 2025 (filed on 15-08-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 70, small). It does better than 31% of them on solvency, 11% on liquidity, 41% on profitability and 66% 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, 14,766 companies had the same profile as GFI has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GFI itself: < 0.1% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for GFI. 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 €130,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.65 (0.56 in 2024), below 1. Short-term debt is 63.9% and cash 7% of total assets. 68.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €4.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-08-2026)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Liquidity: current ratio 0.65, cash €320,097
NBB · annual accounts
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
26 days late
2023
135 days early
2023
12 days early
2022
19 days early
2021
on the day
2020
1 day late
← 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 18 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 13 August (3 of the last 3 accounts filed within 147 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

A
Director, Asselman Guy, since 13-09-2023

Shares in 1 company, NIALI

Board & ownership

Recent changes

Merger: GFI takes over AGI The company holds all the shares of AGI · General meeting of 23-12-2024 · Gazette deed
Merger proposal: GFI takes over AGI NV Transfer of shares to GFI · The company holds all the shares of AGI NV · Gazette deed
3 directors resigning, 1 reappointment Resignations: Asselman Guy, Goossens Fabienne and ALENICO · Permanent representative: Asselman Guy · Reappointment: ALENICO (sole director) · Gazette deed
4 directors appointed DOALENICO COMM.V., Guy ASSELMAN, Fabienne GOOSSENS and ALENICO COMM.V. (managing director) · Permanent representative: Guy ASSELMAN · General meeting of 11-01-2022 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
GFI Mechelen €4.6m €507,274 31.3% -
HERMECO Herentals €5.2m €527,632 27.4% 1
INTERMACK Boechout €3.8m €481,061 47.4% -
VROM Geel €4.2m €498,349 51.7% -
FRONTA CONSULTANTS Brasschaat €4.2m €612,627 90.6% -
M2M Antwerp €4.3m €443,589 96.6% 0
Immont Deinze €4.3m €528,006 71.5% -

These companies have the same main activity as GFI: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3.8m and €5.2m, founded between 1995 and 1999.

Official details

Source: KBO
Status
Active since 24-11-1995Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.074.609.7692811 Mechelen, since 09-01-1996
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€4.6m▲ 3.3%
Filing
Filed on 13-08-2026
Financials

Insights on GFI

GFI has existed since 1995. The present size dates from 2024. The gross margin rose that year from €163,100 to €440,196.

In November 2022, the Official Gazette published the appointment of ALENICO Comm. V. as managing director.

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 GFI

What is the company number of GFI?
The company number of GFI is 0456.632.349. The VAT number is the same number with BE in front: BE 0456.632.349.
Where is GFI based?
The registered office is at Hombekerkouter 39, 2811 Mechelen.Company details
What does GFI do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of GFI?
GFI is a public limited company (NV).
When was GFI founded?
GFI was founded on 24-11-1995.
Is GFI still active?
Yes, GFI is an active enterprise in the KBO register.
What is the turnover of GFI?
The turnover in financial year 2025 is ≈ €770,000. This figure is estimated from the gross margin of €507,274 and 74 comparable companies (NACE 70200). It probably lies between €600,000 and €1.4m.Financials
Is GFI profitable?
In financial year 2025, GFI made a profit of €152,275.
Where can I find the annual accounts of GFI?
GFI filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GFI due?
GFI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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