GHIMO
ActiveSummary
GHIMO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €606,132 and a net result of €464. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▲+2
Solvency94▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 4.87 against 4.94 in 2024; short-term debt: 7.8% and cash: 0% of total assets), and 30.5% of the assets are financed with debt.
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Signals
Five 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
69.5%
Return on assets
0.1%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
1 d early
2023
6 d early
2022
3 d early
2021
17 d late
2020
60 d late
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 13 days after 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 (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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€606,132▲ 0.1%
2024 · €605,668
Total assets
€872,189▼ 8.5%
2024 · €953,200
Net result
€464▼ 83.8%
2024 · €2,861
Working capital
€264,224▼ 13.9%
2024 · €306,811
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
Line20212022202320242025
Operating result-€3,948-€51,788▼ 1,212%€186-€7,120-€7,576▼ 6.4%
Net result-€8,678-€47,901▼ 452%-€86▲ 99.8%€2,861€464▼ 83.8%
Equity€650,794▲ 0.8%€602,893▼ 7.4%€602,808=€605,668▲ 0.5%€606,132▲ 0.1%
Total assets€1.2m▼ 5.1%€1.1m▼ 9.5%€1.0m▼ 5.3%€953,200▼ 5.5%€872,189▼ 8.5%
Debt€459,661▼ 9.8%€399,791▼ 13.0%€346,525▼ 13.3%€291,984▼ 15.7%€214,119▼ 26.7%
Working capital€234,973▼ 12.7%€381,254▲ 62.3%€349,890▼ 8.2%€306,811▼ 12.3%€264,224▼ 13.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,576 in 2025 against €7,120 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €872,189
Fixed assets
€539,662 ▼ 5.1%
Current assets
€332,527 ▼ 13.6%
Equity and liabilities €872,189
Equity
€606,132 ▲ 0.1%
Provisions
€51,938 ▼ 6.5%
Debt
€214,119 ▼ 26.7%
Debt's share of the balance-sheet total falls from 30.6% to 24.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21,286▼
2024 · €21,742
Cash flow
€29,325▼
2024 · €31,723
Current ratio
4.87▼
2024 · 4.94
Debt to equity
0.35▼
2024 · 0.48
ROE
0.1%▼
2024 · 0.5%
ROA
0.1%▼
2024 · 0.3%
Interest coverage
1.49▲
2024 · 1.22
Debt ≤ 1 year
€68,302▼
2024 · €77,865
Debt > 1 year
€145,816▼
2024 · €214,119
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,523 | €27,959 | €28,859 | €28,862 | €28,862 | = |
| Other operating charges640/8 | €6,029 | €40,400 | €6,647 | €7,078 | €8,052 | ▲ 13.8% |
| Gross operating margin9900 | €32,604 | €16,571 | €35,691 | €28,820 | €29,338 | ▲ 1.8% |
| Operating profit (loss)9901 | -€3,948 | -€51,788 | €186 | -€7,120 | -€7,576 | ▼ 6.4% |
| Financial income75/76B | €17,925 | €24,372 | €16,928 | €24,148 | €18,696 | ▼ 22.6% |
| Recurring financial income75 | €17,925 | €24,372 | €16,928 | €24,148 | €18,696 | ▼ 22.6% |
| Financial charges65/66B | €26,703 | €24,095 | €20,809 | €17,777 | €14,267 | ▼ 19.7% |
| Recurring financial charges65 | €26,703 | €24,095 | €20,809 | €17,777 | €14,267 | ▼ 19.7% |
| Profit (loss) for the period before taxes9903 | -€12,726 | -€51,511 | -€3,695 | -€749 | -€3,146 | ▼ 320% |
| Transfer from deferred taxes780 | €4,047 | €3,609 | €3,609 | €3,610 | €3,610 | = |
| Profit (loss) for the period9904 | -€8,678 | -€47,901 | -€86 | €2,861 | €464 | ▼ 83.8% |
| Transfer from tax-exempt reserves789 | €12,142 | €10,828 | €10,828 | €10,829 | €10,829 | = |
| Profit (loss) for the period to be appropriated9905 | €3,464 | -€37,073 | €10,743 | €13,690 | €11,293 | ▼ 17.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.0m | €953,200 | €872,189 | ▼ 8.5% |
| Fixed assets21/28 | €886,675 | €626,245 | €597,386 | €568,524 | €539,662 | ▼ 5.1% |
| Tangible fixed assets22/27 | €886,675 | €626,245 | €597,386 | €568,524 | €539,662 | ▼ 5.1% |
| Land and buildings22 | €886,675 | €611,464 | €584,148 | €556,828 | €529,509 | ▼ 4.9% |
| Other tangible fixed assets26 | - | €14,781 | €13,238 | €11,696 | €10,154 | ▼ 13.2% |
| Current assets29/58 | €290,158 | €439,206 | €411,104 | €384,676 | €332,527 | ▼ 13.6% |
| Amounts receivable within one year40/41 | €288,766 | €436,538 | €406,680 | €383,502 | €331,451 | ▼ 13.6% |
| Trade receivables40 | €322 | - | - | - | €792 | - |
| Other amounts receivable41 | €288,445 | €436,538 | €406,680 | €383,502 | €330,659 | ▼ 13.8% |
| Cash at bank and in hand54/58 | €554 | €1,757 | €316 | €506 | €376 | ▼ 25.7% |
| Deferred charges and accrued income490/1 | €838 | €912 | €4,109 | €667 | €699 | ▲ 4.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.0m | €953,200 | €872,189 | ▼ 8.5% |
| Equity10/15 | €650,794 | €602,893 | €602,808 | €605,668 | €606,132 | ▲ 0.1% |
| Contributions10/11 | €627,871 | €627,871 | €627,871 | €627,871 | €627,871 | = |
| Capital10 | €627,871 | - | - | - | - | - |
| Issued capital100 | €627,871 | - | - | - | - | - |
| Reserves13 | €199,130 | €188,302 | €177,474 | €166,644 | €155,815 | ▼ 6.5% |
| Tax-exempt reserves132 | €199,130 | €188,302 | €177,474 | €166,644 | €155,815 | ▼ 6.5% |
| Profit (loss) carried forward14 | -€176,206 | -€213,279 | -€202,537 | -€188,847 | -€177,554 | ▲ 6.0% |
| Provisions and deferred taxes16 | €66,377 | €62,767 | €59,158 | €55,548 | €51,938 | ▼ 6.5% |
| Deferred taxes168 | €66,377 | €62,767 | €59,158 | €55,548 | €51,938 | ▼ 6.5% |
| Amounts payable17/49 | €459,661 | €399,791 | €346,525 | €291,984 | €214,119 | ▼ 26.7% |
| Amounts payable after more than one year17 | €397,947 | €339,995 | €278,780 | €214,119 | €145,816 | ▼ 31.9% |
| Financial debts170/4 | €397,947 | €339,995 | €278,780 | €214,119 | €145,816 | ▼ 31.9% |
| Amounts payable within one year42/48 | €55,184 | €57,952 | €61,215 | €77,865 | €68,302 | ▼ 12.3% |
| Current portion of amounts payable after more than one year42 | €54,863 | €57,952 | €61,215 | €64,662 | €68,302 | ▲ 5.6% |
| Trade debts44 | €322 | - | - | €13,203 | - | - |
| Suppliers440/4 | €322 | - | - | €13,203 | - | - |
| Accrued charges and deferred income492/3 | €6,530 | €1,844 | €6,530 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,678 | -€47,901 | -€86 | €2,861 | €464 | ▼ 83.8% |
| + Depreciation and write-downs630 | €30,523 | €27,959 | €28,859 | €28,862 | €28,862 | = |
| Operating cash flow (approximation) | €21,845 | -€19,942 | €28,773 | €31,723 | €29,325 | ▼ 7.6% |
| Investment in fixed assets (approximation) | - | €232,471 | €0 | €0 | €0 | - |
| Change in cash | - | €1,203 | -€1,441 | €191 | -€130 | ▼ 168% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2,861
Net result €2,861 after 3 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€47,901
Net result drops to -€47,901, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Back to profitnet €20,382
Net result €20,382 after 2 loss-making years.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Sint-Pieters-Woluwe · 1 establishment unit since 1991
Ground area
3,337 m²
Building footprint
745 m²
Volume, LiDAR
9,009 m³
2 parcels, Brussels · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Konkelstraat 171, 1150 Sint-Pieters-Woluwe
since 19912.054.140.393
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0282/00L003 | Brussels | 3,024 m² | 1 · 653 m² | 17.6 m · 4 fl. |
| 21683D0282/00F000 | Brussels | 313 m² | 1 · 92 m² | 10.3 m · 3 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 formPrivate limited company
Founded29-03-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443864179
Also
9925:BE0443864179
Registered
24-11-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.