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GG IMMO

Active
Public limited companyfounded 1986active for 40 yearsMeirendreef 13, 2280 Grobbendonk, BelgiumKBO/BCE: BE 0429.324.572
Summary

GG IMMO has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.7m and a net result of €862,865. Equity has been growing by about 18% per year since 2018. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-08-1986 Normal situation
Activity
Retail sale of electrical household appliances NACE 47540and 1 other
Establishment unit
2.036.369.104 2280 Grobbendonk, since 22-09-1997
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board
  • GG TRADING BVDirector · since 11-12-2020
Shareholders
Holdings
Shares in 3 companies including CTC NL and EUROTRENDS

Financial position

87 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2024
Gross margin
€85,480
▼ 48.3%
Turnover
≈ €410,000
estimated
Profit
€862,865
▲ 90.0%
Equity
€3.7m
▲ 30.4%
Total assets
€4.6m
▲ 20.3%
2025 annual accounts filed on 26-06-2026, 35 days before the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 19-06-2025)Liquidity: current ratio 3.56, cash €49,829lowers riskEquity €3.7m (80.0% of total assets)Founded in 1986Show the evidence

Checked score

Score 2024
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of small companies in retail trade (NACE 47)
Financial strength · tick: 2023
Strong
Solvency 100+1
equity 80.0% of total assets
Liquidity 51=
short-term debt 5.1% · cash 1.1%
Profitability 58-8
return on assets 18.7%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
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%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.56 (0.69 in 2023), above the usual 1.5. Short-term debt is 5.1% and cash 1.1% of total assets. 20% of the assets are financed with debt and provisions.
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 47, small). It does better than 95% of them on solvency, 66% on liquidity, 39% on profitability and 85% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 19-06-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 3.56, cash €49,829
NBB · annual accounts
lowers risk · Equity €3.7m (80.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
43 days early
2023
42 days early
2022
40 days early
2021
39 days early
2020
38 days early
2019
37 days early
← 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 39 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

Key points

  • Positive: Result rose in 2024from €454,075 to €862,865 ▲ 90.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Branch transferred to GG TRADINGcontribution on 23-07-2025 2025 View
  • Positive: 7 profitable years in a rowprofit 2024: €862,865 7 years View

Companies linked to GG IMMO

Comparable companies

These companies have the same main activity as GG IMMO: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €1.5m and €7.1m, founded between 1970 and 1999.

CompanyTotal assetsGross margin
GG IMMO Grobbendonk€4.6m€0.09m
WIN Ukkel€4.2m€0.2m
VAN DESSEL Heist-op-den-Berg€2.7m€0.3m
NEVEN Sint-Truiden€7.1m€0.3m
Elektro - Kookgalerij Coorevits Waregem€1.5m€0.1m
NEW MUSIC AUDIO VIDEO Elsene€3.1m€0.2m
LECOMTE L.R.J. La Louvière€2.1m€0.04m
Full comparison

Key facts about GG IMMO

What is the company number of GG IMMO?
The company number of GG IMMO is 0429.324.572. The VAT number is the same number with BE in front: BE 0429.324.572.
Where is GG IMMO based?
The registered office is at Meirendreef 13, 2280 Grobbendonk.Company details
What does GG IMMO do?
According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
What is the legal form of GG IMMO?
The legal form of GG IMMO is Public limited company (NV).
When was GG IMMO founded?
GG IMMO was founded on 29-08-1986.
Is GG IMMO still active?
Yes, GG IMMO is an active enterprise in the KBO register.
What is the turnover of GG IMMO?
The turnover in financial year 2024 is ≈ €410,000. This figure is estimated from the gross margin of €85,480 and 35 comparable companies (NACE 475). It probably lies between €230,000 and €700,000.Financials
Is GG IMMO profitable?
In financial year 2024, GG IMMO made a profit of €862,865.
Where can I find the annual accounts of GG IMMO?
GG IMMO filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GG IMMO due?
GG IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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