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GICA

Inactive
KBO/BCE: BE 0862.696.620

GICA was declared bankrupt on 27-05-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed for insufficient assets by judgment of 12-05-2025, published in the Belgian State Gazette on 15-05-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 02-04-2021, 120 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
120 d early
2019
121 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2020, micro schema

Equity
€-18k▼ 7.6%
2019 · €-16k
2018: €-15k 2019: €-16k
2018 → 2020
Total assets
€9k▼ 6.9%
2019 · €9k
2018: €9k 2019: €9k
2018 → 2020
Net result
€-1k▲ 9.3%
2019 · €-1k
2018: €-1k 2019: €-1k
2018 → 2020
Working capital
€-4k▼ 38.6%
2019 · €-3k
2018: €-2k 2019: €-3k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€-15k-€-16k▼ 9.1%€-18k▼ 7.6%
Operating result€-1k-€-1k▼ 3.2%€-1k▲ 9.3%
Net result€-1k-€-1k▼ 3.2%€-1k▲ 9.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-2k€-1k€-500€0Operating result 2018: €-1k€-1kNet result 2018: €-1k€-1kOperating result 2019: €-1k€-1kNet result 2019: €-1k€-1kOperating result 2020: €-1k€-1kNet result 2020: €-1k€-1k201820192020€-1.5k€-1k€-500€0Operating result 2018: €-1k€-1.3kNet result 2018: €-1k€-1.3kOperating result 2019: €-1k€-1.4kNet result 2019: €-1k€-1.4kOperating result 2020: €-1k€-1.2kNet result 2020: €-1k€-1.2k201820192020
The operating result stays negative: a loss of €1k in 2020 against €1k in 2019; the loss shrinks.
Key figures and ratios
2020 value · change against 2019
Solvency
-201.5%
2019 · -174.4%
Current ratio
0.66
2019 · 0.74
ROA
-14.2%
2019 · -14.6%
Debt
€13k
2019 · €13k
Debt ≤ 1 year
€13k
2019 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 16 lines
Balance sheet Code20192020
Assets
Total assets20/58€9k€9k
Current assets29/58€9k€9k
Amounts receivable within one year40/41€9k€9k
Equity and liabilities
Total equity and liabilities10/49€9k€9k
Equity10/15€-16k€-18k
Contributions10/11€6k-
Reserves13€30k€30k=
Profit (loss) carried forward14€-52k€-53k
Provisions and deferred taxes16€13k€13k=
Amounts payable17/49€13k€13k
Amounts payable within one year42/48€13k€13k
Income statement Code20192020
Gross operating margin9900€-793€-778
Operating profit (loss)9901€-1k€-1k
Profit (loss) for the period before taxes9903€-1k€-1k
Profit (loss) for the period9904€-1k€-1k
Profit (loss) for the period to be appropriated9905€-1k€-1k

Download as CSV

Timeline · acts, filings and financial milestones

2025
15-05
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Dendermonde · GICA BV VIJFSTRATEN 120, 9100 SINT-NIKLAAS · event 12-05-2025
2024
31-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · GICA BV VIJFSTRATEN 120, 9100 SINT-NIKLAAS · event 27-05-2024
2021
02-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
01-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
05-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 5 days late
2013
19-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
22-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator INGE VANHOUTTE
HEIDEBAAN 130E, 9100 SINT- NIKLAAS
27-05-202412-05-2025