GIBO
ActiveSummary
GIBO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €318,740 and a net result of €15,242. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 270 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability64▼-10
Solvency79▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 3.15 against 2.78 in 2025; short-term debt: 14.9% and cash: 1.3% of total assets), and 46% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
54%
Return on assets
2.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 16-07-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
46 d early
2025
45 d early
2024
37 d early
2023
36 d early
2022
42 d early
2021
39 d early
2020
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-01-2027 close31-08-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, micro schema
Equity
€318,740▲ 4.7%
2025 · €304,308
Total assets
€590,309▼ 0.8%
2025 · €595,061
Net result
€15,242▼ 33.9%
2025 · €23,056
Working capital
€189,174▲ 15.2%
2025 · €164,219
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€34,616▼ 24.9%€29,771▼ 14.0%€45,885▲ 54.1%€28,840▼ 37.1%€19,974▼ 30.7%
Net result€20,483above the sector's middle half▼ 35.9%€22,261above the sector's middle half▲ 8.7%€33,075above the sector's middle half▲ 48.6%€23,056within the sector's middle half▼ 30.3%€15,242▼ 33.9%
Equity€228,346above the sector's middle half▲ 9.4%€249,797above the sector's middle half▲ 9.4%€282,062above the sector's middle half▲ 12.9%€304,308above the sector's middle half▲ 7.9%€318,740▲ 4.7%
Total assets€650,446above the sector's middle half▼ 8.8%€628,006above the sector's middle half▼ 3.4%€608,836above the sector's middle half▼ 3.1%€595,061above the sector's middle half▼ 2.3%€590,309▼ 0.8%
Debt€422,100▼ 16.4%€378,209▼ 10.4%€326,774▼ 13.6%€290,753▼ 11.0%€271,569▼ 6.6%
Working capital€133,782above the sector's middle half▲ 37.2%€112,105above the sector's middle half▼ 16.2%€150,624above the sector's middle half▲ 34.4%€164,219above the sector's middle half▲ 9.0%€189,174▲ 15.2%
Solvency35.1%within the sector's middle half▲ 5.9pp39.8%within the sector's middle half▲ 4.7pp46.3%within the sector's middle half▲ 6.6pp51.1%within the sector's middle half▲ 4.8pp54.0%▲ 2.9pp
Current ratio1.87within the sector's middle half▲ 0.411.79within the sector's middle half▼ 0.092.37within the sector's middle half▲ 0.592.78within the sector's middle half▲ 0.413.15▲ 0.36
Return on assets (ROA)3.1%within the sector's middle half▼ 1.3pp3.5%within the sector's middle half▲ 0.4pp5.4%within the sector's middle half▲ 1.9pp3.9%within the sector's middle half▼ 1.6pp2.6%▼ 1.3pp
Staff (FTE)2.2▲ 100%2.3▲ 4.5%2.2▼ 4.3%2.4▲ 9.1%1.9▼ 20.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 31% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €590,309
Fixed assets
€312,976 ▼ 7.6%
Current assets
€277,333 ▲ 8.2%
Equity and liabilities €590,309
Equity
€318,740 ▲ 4.7%
Debt
€271,569 ▼ 6.6%
Debt's share of the balance-sheet total falls from 48.9% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48,008▼
2025 · €61,277
Cash flow
€43,276▼
2025 · €55,493
Quick ratio
0.35▲
2025 · 0.23
Debt to equity
0.85▼
2025 · 0.96
ROE
4.8%▼
2025 · 7.6%
Interest coverage
5.04▼
2025 · 6.39
Debt ≤ 1 year
€88,159▼
2025 · €92,113
Debt > 1 year
€180,210▼
2025 · €195,673
Income taxes
€6,387▼
2025 · €10,031
Staff costs
€53,518▼
2025 · €54,045
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
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 0.5% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 17,040 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €36,339 | €46,911 | €51,875 | €54,045 | €53,518 | ▼ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,580 | €36,411 | €30,471 | €32,437 | €28,034 | ▼ 13.6% |
| Other operating charges640/8 | €6,558 | €5,818 | €6,051 | €6,346 | €6,797 | ▲ 7.1% |
| Gross operating margin9900 | €121,093 | €118,911 | €134,282 | €121,668 | €108,323 | ▼ 11.0% |
| Operating profit (loss)9901 | €34,616 | €29,771 | €45,885 | €28,840 | €19,974 | ▼ 30.7% |
| Financial income75/76B | €5,588 | €12,133 | €11,493 | €13,838 | €11,173 | ▼ 19.3% |
| Recurring financial income75 | €5,588 | €12,133 | €11,493 | €13,838 | €11,173 | ▼ 19.3% |
| Financial charges65/66B | €12,845 | €10,979 | €10,534 | €9,591 | €9,518 | ▼ 0.8% |
| Recurring financial charges65 | €12,845 | €10,979 | €10,534 | €9,591 | €9,518 | ▼ 0.8% |
| Profit (loss) for the period before taxes9903 | €27,359 | €30,925 | €46,844 | €33,087 | €21,629 | ▼ 34.6% |
| Income taxes67/77 | €6,876 | €8,664 | €13,769 | €10,031 | €6,387 | ▼ 36.3% |
| Profit (loss) for the period9904 | €20,483 | €22,261 | €33,075 | €23,056 | €15,242 | ▼ 33.9% |
| Profit (loss) for the period to be appropriated9905 | €20,483 | €22,261 | €33,075 | €23,056 | €15,242 | ▼ 33.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €650,446 | €628,006 | €608,836 | €595,061 | €590,309 | ▼ 0.8% |
| Fixed assets21/28 | €363,615 | €373,248 | €348,627 | €338,729 | €312,976 | ▼ 7.6% |
| Tangible fixed assets22/27 | €362,909 | €370,516 | €345,895 | €335,997 | €310,244 | ▼ 7.7% |
| Land and buildings22 | €362,540 | €333,178 | €312,825 | €311,861 | €289,496 | ▼ 7.2% |
| Plant, machinery and equipment23 | €369 | €19,762 | €23,167 | €21,906 | €20,748 | ▼ 5.3% |
| Furniture and vehicles24 | - | €17,576 | €9,903 | €2,230 | - | - |
| Financial fixed assets28 | €706 | €2,732 | €2,732 | €2,732 | €2,732 | = |
| Current assets29/58 | €286,831 | €254,758 | €260,209 | €256,332 | €277,333 | ▲ 8.2% |
| Stocks and contracts in progress3 | €211,385 | €211,807 | €224,427 | €235,287 | €246,457 | ▲ 4.7% |
| Stocks30/36 | €211,385 | €211,807 | €224,427 | €235,287 | €246,457 | ▲ 4.7% |
| Amounts receivable within one year40/41 | €95 | €669 | €541 | €2,066 | €7,582 | ▲ 267% |
| Trade receivables40 | - | €536 | €104 | €97 | - | - |
| Other amounts receivable41 | €95 | €133 | €437 | €1,969 | €7,582 | ▲ 285% |
| Cash at bank and in hand54/58 | €72,141 | €38,819 | €31,615 | €12,786 | €7,761 | ▼ 39.3% |
| Deferred charges and accrued income490/1 | €3,210 | €3,463 | €3,626 | €6,193 | €15,533 | ▲ 151% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €650,446 | €628,006 | €608,836 | €595,061 | €590,309 | ▼ 0.8% |
| Equity10/15 | €228,346 | €249,797 | €282,062 | €304,308 | €318,740 | ▲ 4.7% |
| Contributions10/11 | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Reserves13 | €87,168 | €109,168 | €135,668 | €158,668 | €173,668 | ▲ 9.5% |
| Non-distributable reserves130/1 | €6,500 | €6,500 | - | - | - | - |
| Reserves not available under the articles1311 | €6,500 | €6,500 | - | - | - | - |
| Distributable reserves133 | €80,668 | €102,668 | €135,668 | €158,668 | €173,668 | ▲ 9.5% |
| Profit (loss) carried forward14 | €76,178 | €75,629 | €81,394 | €80,640 | €80,072 | ▼ 0.7% |
| Amounts payable17/49 | €422,100 | €378,209 | €326,774 | €290,753 | €271,569 | ▼ 6.6% |
| Amounts payable after more than one year17 | €265,760 | €232,434 | €214,239 | €195,673 | €180,210 | ▼ 7.9% |
| Financial debts170/4 | €265,760 | €232,434 | €214,239 | €195,673 | €180,210 | ▼ 7.9% |
| Amounts payable within one year42/48 | €153,049 | €142,653 | €109,585 | €92,113 | €88,159 | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | €48,129 | €33,326 | €18,196 | €18,566 | €15,463 | ▼ 16.7% |
| Financial debts43 | €2,012 | €2,011 | €2,037 | €2,000 | €20,342 | ▲ 917% |
| Credit institutions430/8 | - | - | - | - | €18,342 | - |
| Other loans439 | €2,012 | €2,011 | €2,037 | €2,000 | €2,000 | = |
| Trade debts44 | €13,003 | €25,580 | €6,718 | €6,451 | €7,709 | ▲ 19.5% |
| Suppliers440/4 | €13,003 | €25,580 | €6,718 | €6,451 | €7,709 | ▲ 19.5% |
| Taxes, remuneration and social security45 | €18,440 | €22,780 | €21,934 | €21,036 | €18,666 | ▼ 11.3% |
| Taxes450/3 | €9,571 | €14,427 | €12,720 | €11,545 | €10,498 | ▼ 9.1% |
| Remuneration and social security454/9 | €8,869 | €8,353 | €9,214 | €9,491 | €8,168 | ▼ 13.9% |
| Other amounts payable47/48 | €71,465 | €58,956 | €60,700 | €44,060 | €25,979 | ▼ 41.0% |
| Accrued charges and deferred income492/3 | €3,291 | €3,122 | €2,950 | €2,967 | €3,200 | ▲ 7.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,483 | €22,261 | €33,075 | €23,056 | €15,242 | ▼ 33.9% |
| + Depreciation and write-downs630 | €43,580 | €36,411 | €30,471 | €32,437 | €28,034 | ▼ 13.6% |
| Operating cash flow (approximation) | €64,063 | €58,672 | €63,546 | €55,493 | €43,276 | ▼ 22.0% |
| Investment in fixed assets (approximation) | - | -€46,044 | -€5,850 | -€22,539 | -€2,281 | ▲ 89.9% |
| Change in cash | - | -€33,322 | -€7,204 | -€18,829 | -€5,025 | ▲ 73.3% |
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 2027, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
29-06
State Gazette act
Resignation: CasconeItalia (director)Director discharge2 facts ▸
State Gazette act
Resignation: CasconeItalia (director)
Director discharge2 facts ▸
- Director resignation, CasconeItalia (director)
- Director discharge, CasconeItalia
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Highest result since 2019net €33,075 ▲48.6%
Net result €33,075, the highest in the series.
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-01
Financial
Equity above €200,000Eq €208,673 ▲18.1%
2 profitable years in a row build equity to €208,673.
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-01
Financial
Back to profitnet €539
Net result €539 after one loss-making year.
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not 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
no sitting director, last change in 2026
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Meerhout · 1 establishment unit since 1998
Ground area
1,038 m²
Building footprint
768 m²
Volume, LiDAR
3,318 m³
Parcel 13021B1665/00R004, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SCHOENEN RIK PEETERS
since 19982.075.737.048
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13021B1665/00R004 | Flanders | 1,037 m² | 1 · 768 m² | 11.1 m · 1 fl. |
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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CasconeItalia |
|
Similar companies · same sector, comparable size
PAUWELS SCHOENEN
BE 0424.980.457
Schilde · Eq €318,412
J.M. WESTON BENELUX
BE 0476.884.365
Brussel · Eq €319,265
ATELIER CONTENT
BE 0567.961.922
Ronse · Eq €322,779
SCHOENEN LUYTEN
BE 0479.320.847
Dilsen-Stokkem · Eq €314,649
KARISS
BE 0417.882.037
Koksijde · Eq €313,866
Of 1,035 companies in this sector we hold annual accounts for 583. 412 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-01-1996
Fiscal year end31-01
Activities, NACEBEL 2025
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457162879
Also
9925:BE0457162879
Registered
06-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.