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Gi.Ga

Active
Private limited company (pre-2019)founded 201115 yrs activeKanunnik Peetersstraat 63, 2600 Antwerpen, BelgiumKBO/BCE: BE 0837.057.441
Summary

Gi.Ga has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,573 and a net result of -€4,922. Equity is shrinking by ~8.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability53▲+30
Solvency86▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 4.38 against 4.91 in 2024; short-term debt: 5.6% and cash: 0.1% of total assets), and 38.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,922
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
48 d late
2024
31 d late
2023
71 d late
2022
60 d late
2021
130 d late
2020
15 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 41 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. Usually files around 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Gi.Ga was incorporated on 16 June 2011.1 Total assets fell from EUR 435,961 in 2018 to EUR 322,933 in 2025 and headcount from 8.6 full-time equivalents in 2018 to 3.1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€198,573▼ 2.4%
2024 · €203,495
Total assets
€322,933▼ 4.2%
2024 · €337,256
Net result
-€4,922▲ 59.8%
2024 · -€12,246
Working capital
€61,428▼ 5.2%
2024 · €64,810
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€9,299▲ 62.9%-€68,807▼ 640%-€18,486▲ 73.1%-€9,265▲ 49.9%-€2,464▲ 73.4%
Net result-€13,836▲ 45.1%-€73,971▼ 435%-€17,227▲ 76.7%-€12,246▲ 28.9%-€4,922▲ 59.8%
Equity€306,939▼ 4.3%€232,968▼ 24.1%€215,741▼ 7.4%€203,495▼ 5.7%€198,573▼ 2.4%
Total assets€602,225▲ 20.5%€419,155▼ 30.4%€368,570▼ 12.1%€337,256▼ 8.5%€322,933▼ 4.2%
Debt€295,286▲ 65.1%€186,187▼ 36.9%€152,829▼ 17.9%€133,762▼ 12.5%€124,360▼ 7.0%
Working capital-€28,099€91,109€77,112▼ 15.4%€64,810▼ 16.0%€61,428▼ 5.2%
Staff (FTE)3.23.1▼ 3.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2021: -€9,299-€9,299Net result 2021: -€13,836-€13,836Operating result 2022: -€68,807-€68,807Net result 2022: -€73,971-€73,971Operating result 2023: -€18,486-€18,486Net result 2023: -€17,227-€17,227Operating result 2024: -€9,265-€9,265Net result 2024: -€12,246-€12,246Operating result 2025: -€2,464-€2,464Net result 2025: -€4,922-€4,92220212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€18,486-€18,500Net result 2023: -€17,227-€17,200Operating result 2024: -€9,265-€9,270Net result 2024: -€12,246-€12,200Operating result 2025: -€2,464-€2,460Net result 2025: -€4,922-€4,920202320242025
The operating result stays negative: a loss of €2,464 in 2025 against €9,265 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €322,933
Fixed assets €243,330 ▼ 4.9%
Current assets €79,602 ▼ 2.2%
Equity and liabilities €322,933
Equity €198,573 ▼ 2.4%
Debt €124,360 ▼ 7.0%
Debt's share of the balance-sheet total falls from 39.7% to 38.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,082▲
2024 · €3,281
Cash flow
€7,624▲
2024 · €300
Current ratio
4.38▼
2024 · 4.91
Debt to equity
0.63▼
2024 · 0.66
ROE
-2.5%▲
2024 · -6.0%
ROA
-1.5%▲
2024 · -3.6%
Interest coverage
4.29▲
2024 · 1.10
Debt ≤ 1 year
€18,174▲
2024 · €16,570
Debt > 1 year
€106,185▼
2024 · €117,192
Income taxes
€221▼
2024 · €238
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 6,910 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€337,256€322,933▼
Fixed assets21/28€255,877€243,330▼
Tangible fixed assets22/27€255,877€243,330▼
Land and buildings22€254,637€242,091▼
Furniture and vehicles24€1,239€1,239=
Current assets29/58€81,380€79,602▼
Amounts receivable within one year40/41€53,773€78,578▲
Trade receivables40€5,077€7,707▲
Other amounts receivable41€48,696€70,871▲
Cash at bank and in hand54/58€25,937€404▼
Deferred charges and accrued income490/1€1,670€620▼
Equity and liabilities
Total equity and liabilities10/49€337,256€322,933▼
Equity10/15€203,495€198,573▼
Contributions10/11€18,600€18,600=
Reserves13€301,860€301,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€300,000€300,000=
Profit (loss) carried forward14-€116,965-€121,887▼
Amounts payable17/49€133,762€124,360▼
Amounts payable after more than one year17€117,192€106,185▼
Financial debts170/4€117,192€106,185▼
Amounts payable within one year42/48€16,570€18,174▲
Current portion of amounts payable after more than one year42€10,856€11,006▲
Trade debts44€3,648€6,664▲
Suppliers440/4€3,648€6,664▲
Taxes, remuneration and social security45€314€352▲
Taxes450/3€314€352▲
Other amounts payable47/48€1,752€152▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,546€12,546=
Other operating charges640/8€827€663▼
Gross operating margin9900€4,108€10,745▲
Operating profit (loss)9901-€9,265-€2,464▲
Financial income75/76B€242€112▼
Recurring financial income75€242€112▼
Non-recurring financial income76B€0-
Financial charges65/66B€2,986€2,349▼
Recurring financial charges65€2,986€2,349▼
Profit (loss) for the period before taxes9903-€12,009-€4,701▲
Income taxes67/77€238€221▼
Profit (loss) for the period9904-€12,246-€4,922▲
Profit (loss) for the period to be appropriated9905-€12,246-€4,922▲
Appropriation of the result
Profit (loss) to be appropriated9906-€116,965-€121,887▼
Profit (loss) brought forward from the previous period14P-€104,719-€116,965▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€128,287€80,048€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35,225€13,763€13,763€12,546€12,546=
Other operating charges640/8€1,884€3,774€2,328€827€663▼ 19.8%
Non-recurring operating charges66A-€57,587€0---
Gross operating margin9900€156,098€86,365-€2,395€4,108€10,745▲ 162%
Operating profit (loss)9901-€9,299-€68,807-€18,486-€9,265-€2,464▲ 73.4%
Financial income75/76B€1,267€38€6,066€242€112▼ 53.8%
Recurring financial income75€1,267€38€184€242€112▼ 53.8%
Non-recurring financial income76B--€5,882€0--
Financial charges65/66B€5,686€4,962€4,603€2,986€2,349▼ 21.3%
Recurring financial charges65€5,686€4,962€4,603€2,986€2,349▼ 21.3%
Profit (loss) for the period before taxes9903-€13,719-€73,732-€17,022-€12,009-€4,701▲ 60.9%
Income taxes67/77€117€239€205€238€221▼ 7.0%
Profit (loss) for the period9904-€13,836-€73,971-€17,227-€12,246-€4,922▲ 59.8%
Profit (loss) for the period to be appropriated9905-€13,836-€73,971-€17,227-€12,246-€4,922▲ 59.8%
Line20212022202320242025Change
Assets
Total assets20/58€602,225€419,155€368,570€337,256€322,933▼ 4.2%
Fixed assets21/28€485,848€282,186€268,423€255,877€243,330▼ 4.9%
Tangible fixed assets22/27€485,848€282,186€268,423€255,877€243,330▼ 4.9%
Land and buildings22€292,275€279,729€267,183€254,637€242,091▼ 4.9%
Plant, machinery and equipment23€122,308€0----
Furniture and vehicles24€8,675€2,457€1,239€1,239€1,239=
Other tangible fixed assets26€62,589€0----
Current assets29/58€116,376€136,969€100,148€81,380€79,602▼ 2.2%
Stocks and contracts in progress3€10,000€0----
Stocks30/36€10,000€0----
Amounts receivable within one year40/41€19,025€109,745€49,619€53,773€78,578▲ 46.1%
Trade receivables40€3,676€7,307€7,964€5,077€7,707▲ 51.8%
Other amounts receivable41€15,349€102,438€41,655€48,696€70,871▲ 45.5%
Cash at bank and in hand54/58€85,560€25,757€49,867€25,937€404▼ 98.4%
Deferred charges and accrued income490/1€1,791€1,467€662€1,670€620▼ 62.9%
Equity and liabilities
Total equity and liabilities10/49€602,225€419,155€368,570€337,256€322,933▼ 4.2%
Equity10/15€306,939€232,968€215,741€203,495€198,573▼ 2.4%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€301,860€301,860€301,860€301,860€301,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€300,000€300,000€300,000€300,000€300,000=
Profit (loss) carried forward14-€13,521-€87,492-€104,719-€116,965-€121,887▼ 4.2%
Amounts payable17/49€295,286€186,187€152,829€133,762€124,360▼ 7.0%
Amounts payable after more than one year17€149,310€138,749€128,047€117,192€106,185▼ 9.4%
Financial debts170/4€149,310€138,749€128,047€117,192€106,185▼ 9.4%
Amounts payable within one year42/48€144,475€45,860€23,036€16,570€18,174▲ 9.7%
Current portion of amounts payable after more than one year42€10,416€10,561€10,702€10,856€11,006▲ 1.4%
Trade debts44€110,926€22,702€8,682€3,648€6,664▲ 82.7%
Suppliers440/4€110,926€22,702€8,682€3,648€6,664▲ 82.7%
Taxes, remuneration and social security45€17,634€7,847€149€314€352▲ 12.1%
Taxes450/3€6,625€359€149€314€352▲ 12.1%
Remuneration and social security454/9€11,009€7,489€0---
Other amounts payable47/48€5,500€4,750€3,502€1,752€152▼ 91.3%
Accrued charges and deferred income492/3€1,500€1,577€1,746€0--
Line20212022202320242025Change
Profit (loss) for the period9904-€13,836-€73,971-€17,227-€12,246-€4,922▲ 59.8%
+ Depreciation and write-downs630€35,225€13,763€13,763€12,546€12,546=
Operating cash flow (approximation)€21,390-€60,207-€3,464€300€7,624▲ 2,445%
Investment in fixed assets (approximation)-€189,899€0€0€0-
Change in cash--€59,803€24,110-€23,930-€25,533▼ 6.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
10-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial Weakest financial yearnet -€73,971
Net result drops to -€73,971, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 2.99
Current ratio from 0.81 to 2.99; short-term debt falls from €144,475 to €45,860.
08-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 130 days late
2021
16-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity times 6current ratio 21.72
Current ratio from 3.52 to 21.72; short-term debt falls from €135,499 to €8,868.
26-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
5,135 m²
Building footprint
1,002 m²
Parcel 11003A0279/00G000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Gi.Ga
Kanunnik Peetersstraat 63, 2600 AntwerpenFinancial service activities, except insurance and pension funding
since 20212.311.442.692
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0279/00G000 Flanders 5,135 m² 1 · 1,002 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 (pre-2019)
Founded16-06-2011
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.