GI E GIU
Annual accounts 2025
abbreviated format, filed on 11-07-2026, 20 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €680,000. Estimated: probably between €650,000 and €960,000.
Balance sheet
balance sheet total €75,033 on 31-12-2025in euro
in euro
Position in the sector
-21.5%
Higher than 16% of 4,838 companies in 2025.
0.67
Higher than 30% of 4,737 companies in 2025.
-30.3%
Higher than 9% of 4,761 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half
Staff
€28,905
Staff costs divided by the average number of full-time equivalents.
level
In 2025, 7 people joined and 7 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
75,033 | 87,714 | 109,533 | 77,524 | 84,410 | 106,582 | 120,591 | 90,351 | 74,726 | |
21/28 |
26,289 | 29,597 | 39,078 | 29,623 | 40,090 | 62,533 | 83,768 | 61,834 | 56,409 | |
22/27 |
25,989 | 29,297 | 38,778 | 29,323 | 39,790 | 62,233 | 83,468 | 61,534 | 56,109 | |
23 |
15,804 | 14,682 | 18,819 | 27,323 | 35,083 | 54,380 | 69,506 | 45,407 | 46,909 | |
24 |
10,184 | 14,616 | 19,958 | 2,001 | 4,707 | 6,519 | 11,029 | 11,594 | 3,067 | |
26 |
- | - | - | - | - | 1,333 | 2,933 | 4,533 | 6,133 | |
28 |
300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | 300 | |
29/58 |
48,745 | 58,117 | 70,455 | 47,900 | 44,320 | 44,049 | 36,823 | 28,516 | 18,317 | |
3 |
14,880 | 4,248 | 4,248 | 4,248 | 4,248 | 4,248 | 5,544 | 5,544 | 5,544 | |
30/36 |
14,880 | 4,248 | 4,248 | 4,248 | 4,248 | 4,248 | 5,544 | 5,544 | 5,544 | |
40/41 |
12,615 | 31,594 | 47,737 | 36,689 | 17,836 | 11,221 | 18,033 | 2,145 | - | |
40 |
5,444 | 26,930 | 26,930 | 28,920 | 3,004 | 2,524 | - | - | - | |
41 |
7,171 | 4,664 | 20,806 | 7,769 | 14,832 | 8,697 | 18,033 | 2,145 | - | |
54/58 |
19,667 | 17,741 | 15,667 | 6,963 | 22,236 | 28,580 | 13,246 | 20,827 | 12,773 | |
490/1 |
1,583 | 4,534 | 2,804 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
75,033 | 87,714 | 109,533 | 77,524 | 84,410 | 106,582 | 120,591 | 90,351 | 74,726 | |
10/15 |
-16,113 | 6,632 | 22,482 | 13,923 | -6,625 | 21,749 | 22,996 | 25,516 | 28,828 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | 6,200 | 6,200 | - | - | - | - | |
100 |
- | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
6,200 | 6,200 | 6,200 | - | - | - | - | - | - | |
1100/10 |
6,200 | 6,200 | 6,200 | - | - | - | - | - | - | |
13 |
- | - | - | - | - | 1,456 | 1,456 | 1,456 | 1,456 | |
130/1 |
- | - | - | - | - | 1,456 | - | - | - | |
130 |
- | - | - | - | - | 1,456 | 1,456 | 1,456 | 1,456 | |
14 |
-22,313 | 432 | 16,282 | 7,723 | -12,825 | 14,093 | 15,340 | 17,859 | 21,172 | |
17/49 |
91,146 | 81,082 | 87,051 | 63,601 | 91,035 | 84,833 | 97,595 | 64,835 | 45,898 | |
17 |
- | - | - | 6,393 | 14,694 | 22,747 | 32,586 | 8,222 | 9,373 | |
170/4 |
- | - | - | 6,393 | 14,694 | 22,747 | 32,586 | 8,222 | 9,373 | |
42/48 |
72,258 | 62,076 | 84,864 | 57,208 | 76,341 | 62,085 | 65,010 | 56,614 | 36,525 | |
42 |
6,455 | 14,157 | 12,930 | 13,899 | 8,053 | 15,593 | 17,774 | 7,726 | 5,620 | |
44 |
39,701 | 19,054 | 51,098 | 39,140 | 42,497 | 42,994 | 42,775 | 34,387 | 25,085 | |
440/4 |
39,701 | 19,054 | 51,098 | 39,140 | 42,497 | 42,994 | 42,775 | 34,387 | 25,085 | |
45 |
20,232 | 28,866 | 20,836 | 4,169 | 25,790 | 3,498 | 4,461 | 14,466 | 5,786 | |
450/3 |
187 | 2,296 | 4,800 | 4,169 | 3,335 | 138 | 234 | 7,668 | 5,786 | |
454/9 |
20,044 | 26,570 | 16,036 | - | 22,455 | 3,360 | 4,227 | 6,798 | - | |
47/48 |
5,870 | - | - | - | - | - | - | 34 | 34 | |
492/3 |
18,888 | 19,006 | 2,187 | - | - | - | - | - | - | |
| Income statement | ||||||||||
9900 |
292,167 | 349,914 | 366,187 | 320,659 | 205,719 | 272,983 | 301,362 | 265,321 | 219,720 | |
60/61 |
- | - | - | - | - | 558,328 | 524,783 | 486,763 | 407,713 | |
62 |
289,052 | 336,083 | 331,701 | 277,677 | 223,755 | 242,170 | 257,170 | 238,388 | 176,350 | |
630 |
10,759 | 12,565 | 19,201 | 24,500 | 30,207 | 29,821 | 28,104 | 17,317 | 8,493 | |
640/8 |
5,236 | 6,277 | 9,206 | 4,783 | 1,208 | 2,825 | 3,151 | 7,865 | 2,247 | |
66A |
1,227 | - | - | - | - | - | - | - | - | |
9901 |
-14,107 | -5,010 | 6,078 | 13,700 | -49,451 | -1,834 | 12,937 | 1,752 | 32,631 | |
75/76B |
1,769 | 18 | 12,642 | 12,662 | 29,499 | 7,202 | 378 | 4,026 | - | |
75 |
1,769 | 18 | 3,883 | 413 | 29,499 | 7,202 | 378 | - | - | |
76B |
- | - | 8,759 | 12,248 | - | - | - | 4,026 | - | |
65/66B |
10,090 | 10,522 | 9,906 | 5,321 | 8,422 | 4,446 | 14,106 | 7,470 | 3,509 | |
65 |
10,090 | 10,522 | 6,894 | 2,576 | 7,608 | 4,446 | 13,704 | 2,636 | 3,509 | |
66B |
- | - | 3,012 | 2,745 | 814 | - | 403 | 4,834 | - | |
9903 |
-22,428 | -15,514 | 8,814 | 21,041 | -28,374 | 923 | -791 | -1,693 | 29,121 | |
67/77 |
316 | 336 | 255 | 493 | - | 2,170 | 1,729 | 1,620 | 6,493 | |
9904 |
-22,744 | -15,851 | 8,559 | 20,548 | -28,374 | -1,247 | -2,519 | -3,313 | 22,628 | |
9905 |
-22,744 | -15,851 | 8,559 | 20,548 | -28,374 | -1,247 | -2,519 | -3,313 | 22,628 | |
| Appropriation of the result | ||||||||||
9906 |
-22,313 | 432 | 16,282 | 7,723 | -14,281 | 14,093 | 15,340 | 17,859 | 22,628 | |
14P |
432 | 16,282 | 7,723 | -12,825 | 14,093 | - | - | - | - | |
791/2 |
- | - | - | - | 1,456 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 1,456 | |
6920 |
- | - | - | - | - | - | - | - | 1,456 | |
| Social balance sheet | ||||||||||
9087 |
10 | 11.2 | 11.4 | 12.9 | 13.1 | 8.7 | - | 8 | 5.2 | |
Hours worked1013 |
11,547 | 11,582 | 12,805 | 12,613 | 10,924 | 10,980 | - | 13,730 | 10,851 | |
| Document | ||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-07-2026 | 2026-00287479 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00408224 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00239486 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00296036 | |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20283544 | |
| 31-12-2020 | micro format | 06-08-2021 | 2021-46600267 | |
| 31-12-2019 | micro format | 09-07-2020 | 2020-28400532 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57000552 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-53700139 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| -3,348 | 7,555 | 25,279 | 38,200 | -19,244 | 27,987 | 41,041 | 19,068 | 41,124 | ||
| -11,985 | -3,286 | 27,760 | 45,048 | 1,833 | 28,574 | 25,584 | 14,004 | 31,121 | ||
| 7,450 | 3,085 | 28,655 | 14,033 | 7,764 | 8,585 | 50,038 | 22,742 | 64,902 | ||
| 1,926 | 2,074 | 8,704 | -15,272 | -6,345 | 15,334 | -7,581 | 8,054 | - | ||
| -23,513 | -3,960 | -14,408 | -9,307 | -32,021 | -18,036 | -28,187 | -28,097 | -18,208 | ||
| -21.5% | 7.6% | 20.5% | 18.0% | -7.8% | 20.4% | 19.1% | 28.2% | 38.6% | ||
| 0.67 | 0.94 | 0.83 | 0.84 | 0.58 | 0.71 | 0.57 | 0.50 | 0.50 | ||
| 0.47 | 0.87 | 0.78 | 0.76 | 0.52 | 0.64 | 0.48 | 0.41 | 0.35 | ||
| - | 12.23 | 3.87 | 4.57 | - | 3.90 | 4.24 | 2.54 | 1.59 | ||
| - | -239.0% | 38.1% | 147.6% | - | -5.7% | -11.0% | -13.0% | 78.5% | ||
| -30.3% | -18.1% | 7.8% | 26.5% | -33.6% | -1.2% | -2.1% | -3.7% | 30.3% | ||
| -0.33 | 0.72 | 3.67 | 14.83 | -2.53 | - | - | - | - | ||
| - | - | - | - | - | 28 days | 30 days | 26 days | 22 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 11 | 8 | 13 | 15 |
| full-time | 1 | - | - | - | 1 |
| part-time | 7 | 11 | 8 | 13 | 14 |
| in full-time equivalents | 6.8 | 7.3 | 6.2 | 9.4 | 12.1 |
| 7.7 | 7.3 | 7.9 | 10 | 10.2 | |
| On a permanent contract | 7 | 7 | 8 | 11 | 14 |
| Joined | 7 | 12 | 18 | - | - |
| Left | 7 | 9 | 21 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,450 | €3,085 | €28,655 | €14,033 | €7,764 |
| €10,759 | €12,565 | €19,201 | €24,500 | €30,207 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on GI E GIU
The operating result for 2025 is a loss of €14,107, larger than the loss of €5,010 in 2024. It is the lowest result since 2021.
Equity is negative. Debt (€91,146) exceeds the balance-sheet total (€75,033).