Financials
- Financial year
- 2025
- Total assets
- €47,540
- Profit
- €12,475
- Solvency
- 57.8%
GIASC
ActiveSummary
GIASC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,475 and a net result of €12,475. Its solvency ranks better than 63% of 1,170 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Logistics services
NACE 52250
1 site
Size
€47,540total assets 2025
- Equity
- €27,475
- Profit
- €12,475
Turnover not published (micro format)
Structure
2025 accounts filed 28 days late
Why 70raises riskFounded in 2024Size: total assets €47,540Sector: Warehousing and support activities for transportation (NACE 52)lowers riskLiquidity: current ratio 1.95, cash €32,526Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 80% of its sector peers (NACE 52, micro)
Financial strength
Strong
Solvency
83
equity 57.8% of total assets
Liquidity
80
short-term debt 42.2% · cash 68.4%
Profitability
100
return on assets 26.2%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 3.6%
04-2025: 3.6%● unchanged vs 03-2025
05-2025: 3.7%▲ +0.1 percentage points vs 04-2025
06-2025: 4.0%▲ +0.3 percentage points vs 05-2025
07-2025: 4.2%▲ +0.2 percentage points vs 06-2025
08-2025: 4.6%▲ +0.4 percentage points vs 07-2025
09-2025: 4.6%● unchanged vs 08-2025
10-2025: 5.0%▲ +0.4 percentage points vs 09-2025
11-2025: 4.8%▼ -0.2 percentage points vs 10-2025
12-2025: 4.8%● unchanged vs 11-2025
01-2026: 5.1%▲ +0.3 percentage points vs 12-2025
02-2026: 5.2%▲ +0.1 percentage points vs 01-2026
03-2026: 5.3%▲ +0.1 percentage points vs 02-2026highest value
04-2026: 5.3%● unchanged vs 03-2026highest value
05-2026: 5.3%● unchanged vs 04-2026highest value
06-2026: 5.3%● unchanged vs 05-2026highest value
07-2026: 5.3%● unchanged vs 06-2026highest value
08-2026: 5.3%● unchanged vs 07-2026highest value
09-2026: 0.9%▼ -4.4 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.95, above the usual 1.5; short-term debt: 42.2% and cash: 68.4% of total assets), and 42.2% 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 52, micro): better than 65% on solvency, 82% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 24-10-2026 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
28 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: SCATORCHIA Giacomo (niet statutairebestuurder)…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Logistics servicesNACE 52250
- Founded
- 20-02-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 12
- Purpose
- “Overigvervoervanpersonenmetautocarsofautobussen,zonderdienstregeling:chartervervoer,busrei…” (deed in Dutch)
Key facts about GIASC
- What is the company number of GIASC?
- 1006.233.557. In Belgium the VAT number is the company number with BE in front: BE 1006.233.557.
- Where is GIASC based?
- The registered office is at Dorenboslaan 53, 2110 Wijnegem.Company details
- What does GIASC do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of GIASC?
- Private limited company (BV).
- When was GIASC founded?
- On 20-02-2024.
- Is GIASC still active?
- Yes, GIASC is an active enterprise in the KBO register.
- What is the turnover of GIASC?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is GIASC profitable?
- In financial year 2025, GIASC made a profit of €12,475.
- Where can I find the annual accounts of GIASC?
- GIASC filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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