GIBE
ActiveThe computed 12-month bankruptcy probability of GIBE is 3.0% (moderate). The 2024 annual accounts show equity of €63k and a net result of €-5k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 26043 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▼-13
Solvency63▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.56 against 1.66 in 2023; short-term debt: 62% and cash: 5.8% of total assets), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38%
Return on assets
-2.8%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
127 d late
2023
107 d late
2022
92 d late
2021
131 d late
2020
122 d late
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€63k▼ 6.8%
2023 · €67k
2018: €15k
2019: €19k
2020: €35k
2021: €53k
2022: €65k
2023: €67k
2018 → 2024
Total assets
€165k▲ 7.7%
2023 · €153k
2018: €24k
2019: €103k
2020: €68k
2021: €62k
2022: €225k
2023: €153k
2018 → 2024
Net result
€-5k
2023 · €2k
2018: €-4k
2019: €5k
2020: €16k
2021: €18k
2022: €13k
2023: €2k
2018 → 2024
Working capital
€57k▲ 1.6%
2023 · €56k
2018: €3k
2019: €8k
2020: €27k
2021: €48k
2022: €48k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€53k▲ 49.9%€65k▲ 23.9%€67k▲ 2.9%€63k▼ 6.8%
Operating result€15k-€17k▲ 12.3%€14k▼ 17.3%€5k▼ 67.3%€-5k
Net result€16k-€18k▲ 9.6%€13k▼ 28.1%€2k▼ 85.2%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €165k
Fixed assets
€5k▼ 50.6%
Current assets
€160k▲ 12.2%
Equity and liabilities €165k
Equity
€63k▼ 6.8%
Debt
€102k▲ 19.1%
The debt ratio rises from 56.1% to 62.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€973▼
2023 · €11k
Cash flow
€912▼
2023 · €8k
Solvency
38.0%▼
2023 · 43.9%
Current ratio
1.56▼
2023 · 1.66
Quick ratio
0.24▼
2023 · 0.26
Debt / equity
1.63▲
2023 · 1.28
ROE
-7.3%▼
2023 · 2.8%
ROA
-2.8%▼
2023 · 1.2%
Interest coverage
3.01▼
2023 · 3.96
Debt
€102k▲
2023 · €86k
Debt ≤ 1 year
€102k▲
2023 · €86k
Staff costs
€16k▼
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€153k€165k▲
Fixed assets21/28€11k€5k▼
Tangible fixed assets22/27€11k€5k▼
Furniture and vehicles24€11k€5k▼
Current assets29/58€142k€160k▲
Stocks and contracts in progress3€120k€135k▲
Stocks30/36€120k€135k▲
Amounts receivable within one year40/41€15k€15k▲
Other amounts receivable41€15k€15k▲
Cash at bank and in hand54/58€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€153k€165k▲
Equity10/15€67k€63k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€49k€44k▼
Amounts payable17/49€86k€102k▲
Amounts payable within one year42/48€86k€102k▲
Trade debts44€1k€33k▲
Suppliers440/4€1k€33k▲
Taxes, remuneration and social security45€24k€24k▲
Taxes450/3€24k€24k▲
Other amounts payable47/48€61k€46k▼
Income statement
Code20232024
Remuneration, social security and pensions62€20k€16k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€34k€18k▼
Operating profit (loss)9901€5k€-5k▼
Financial income75/76B-€262
Recurring financial income75-€262
Financial charges65/66B€3k€323▼
Recurring financial charges65€3k€323▼
Profit (loss) for the period before taxes9903€2k€-5k▼
Profit (loss) for the period9904€2k€-5k▼
Profit (loss) for the period to be appropriated9905€2k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€44k▼
Profit (loss) brought forward from the previous period14P€47k€49k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼346%
Net result drops to €-5k, the lowest in the series.
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 107 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 131 days late
2021
31-12
Financial
Highest result since 2018net €18k ▲9.6%
Operating result €17k, net result €18k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.30
Current ratio from 1.84 to 6.30; short-term debt falls from €33k to €9k.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Elsene · 2 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elsense Steenweg 2761050 ElseneGround area
997 m²
Building footprint
356 m²
Volume, LiDAR
3,804 m³
2 parcels, Brussels · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
GIBE
since 20192.286.602.972
GIBE
since 20242.367.382.394
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0182/00E000 | Brussels | 879 m² | 1 · 229 m² | 13.6 m · 4 fl. |
| 21442A0143/00Z010 | Brussels | 118 m² | 1 · 127 m² | 17.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAnderlecht2.367.382.394
Elsene2.286.602.972
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Of 10,524 companies in sector 47110 we hold annual accounts for 5,860. 4,671 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-05-2018
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
46170Agents in the wholesale of food, beverages and tobacco
47113Retail trade
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.