Financials
- Financial year
- 2024
- Total assets
- €13.3m
- Loss
- -€894,370
- Solvency
- 15.7%
Turnover▲ 0.2%
Net result
20212023
GHIMAR
ActiveSummary
The computed 12-month bankruptcy probability of GHIMAR is 5.7% (elevated). The 2024 annual accounts show equity of €2.1m and a net result of -€894,370. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 16% of 637 sector peers (NACE 87, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Residential care activities
NACE 87101
Largest company by total assets in Middelkerke, Health and social work sector2 sites
Size
€13.3mtotal assets 2024
- Staff
- 35.3 FTE
- Equity
- €2.1m
- Loss
- -€894,370
Turnover not published (abbreviated or micro format)
Structure
- Parent
- ADIM INVEST · 100%
Accounts 85 days overdue0 of 2 deeds read
Why 34raises riskLiquidity: current ratio 0.39, cash €432, halvedEx-officio strike-off in the KBOFigures for financial year 2024 (filed 30-12-2025)1 financial year not filed after the legal deadline; latest accounts 152 days late; 3 of the last 3 lateShow the evidence
Checked score
Score 2024
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 17% of its sector peers (NACE 87, small)
Financial strength · tick = 2023
Weak
Solvency
41-10
equity 15.7% of total assets
Liquidity
41-5
short-term debt 24.8% · cash 0.0%
Profitability
10-39
return on assets -6.7%
Bankruptcy probability, 12 months
5.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.5%
12-2024: 2.5%● unchanged vs 11-2024
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.4%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 2.5%▲ +0.1 percentage points vs 02-2025
04-2025: 2.4%▼ -0.1 percentage points vs 03-2025
05-2025: 2.5%▲ +0.1 percentage points vs 04-2025
06-2025: 2.5%● unchanged vs 05-2025
07-2025: 2.7%▲ +0.2 percentage points vs 06-2025
08-2025: 3.7%▲ +1.0 percentage point vs 07-2025
09-2025: 4.2%▲ +0.5 percentage points vs 08-2025
10-2025: 5.3%▲ +1.1 percentage points vs 09-2025
11-2025: 5.4%▲ +0.1 percentage points vs 10-2025
12-2025: 5.9%▲ +0.5 percentage points vs 11-2025highest value
01-2026: 3.8%▼ -2.1 percentage points vs 12-2025
02-2026: 3.8%● unchanged vs 01-2026
03-2026: 3.9%▲ +0.1 percentage points vs 02-2026
04-2026: 3.9%● unchanged vs 03-2026
05-2026: 3.5%▼ -0.4 percentage points vs 04-2026
06-2026: 3.5%● unchanged vs 05-2026
07-2026: 3.6%▲ +0.1 percentage points vs 06-2026
08-2026: 4.5%▲ +0.9 percentage points vs 07-2026
09-2026: 4.9%▲ +0.4 percentage points vs 08-2026
10-2026: 5.7%▲ +0.8 percentage points vs 09-2026
Credit of up to €70,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.39, compared with 0.79 in 2023, below 1; short-term debt: 24.8% and cash: 0% of total assets), and 84.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 87, small): better than 21% on solvency, 23% on liquidity, 11% on profitability and 10% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Nine signals.
raises risk
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 -€894,370
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 637 sector peers (2024).
NBB · sector comparisonPosition among 637 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
152 days late
2023
68 days late
2022
115 days late
2021
89 days late
2020
137 days late
2019
146 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 118 days after the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet -€894,370
- Annual accounts filedfinancial year 2023 · abbreviated…
Key points
- Risk: 3 loss-making years in a rowloss financial year 2024 -€894,370 View
- Caution: Result fell in 2024from -€373,210 to -€894,370 ▼ 140% View
- Caution: Among the weakest 5% on net resultsector median €113,122 · 634 companies -€894,370 View
- Caution: Accounts not fileddeadline was 31-07-2026 85 days late View
- Controlled by ADIM INVEST 100% View
- Flemish supportawarded from 2022 to 2025 €1.8m View
By topic
Board & ownership
- Parent
- ADIM INVEST · 100%
Timeline
- Events
- 28
- Since
- 2001
- 08-04-2024UBO non-compliance
- 23-11-2023Annual accounts filed
- 28-10-2022Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Residential care activitiesNACE 87101
- Founded
- 04-08-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about GHIMAR
- What is the company number of GHIMAR?
- 0466.649.974. In Belgium the VAT number is the company number with BE in front: BE 0466.649.974.
- Where is GHIMAR based?
- The registered office is at Fleriskotstraat 48, 8431 Middelkerke.Company details
- What does GHIMAR do?
- According to the KBO register, the main activity is residential care activities (NACE 87101).
- What is the legal form of GHIMAR?
- Public limited company (NV).
- When was GHIMAR founded?
- On 04-08-1999.
- Is GHIMAR still active?
- Yes, GHIMAR is an active enterprise in the KBO register.
- How many employees does GHIMAR have?
- On average 35.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of GHIMAR?
- €3.5m in financial year 2023, according to the filed annual accounts.
- Is GHIMAR profitable?
- In financial year 2024, GHIMAR made a loss of €894,370.
- Where can I find the annual accounts of GHIMAR?
- GHIMAR filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to GHIMAR
Parent and group
- ADIM INVEST100%
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- SENIORIE TER MINNELebbeke
- LE CLOS DES ROSESComblain-au-Pont
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