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GICO

Active
Private limited companyfounded 2004active for 22 yearsPlace de Ressaix(RES) 7, 7134 Binche, BelgiumKBO/BCE: BE 0869.458.411
Summary

GICO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,594 and a net result of €17,754. Equity has been growing by about 57% per year since 2019. Its solvency ranks better than 48% of 5,717 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-10-2004 Normal situation
Activity
Hairdressing and barber services NACE 96210
Joint committee
314 Paritair Comité voor het kappersbedrijf en de schoonheidszorgen · annual accounts 30-06-2025
Establishment unit
2.143.673.670 7134 Binche, since 18-10-2004
Financial year end
30 June
Peppol
Reachable since 11-12-2025

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€74,047
▼ 15.1%
Turnover
≈ €170,000
estimated
Profit
€17,754
▼ 49.5%
Equity
€40,594
▲ 77.7%
Total assets
€170,077
▲ 55.8%
Staff
≈ 1.2 FTE
estimated
Score breakdownraises riskProfit of €17,754 (financial year 2025)Liquidity: current ratio 0.49, cash €8,265, halvedlowers riskFounded in 2004Size: total assets €170,077Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Average
Solvency 49+3
equity 23.9% of total assets
Liquidity 28-3
short-term debt 55.6% · cash 4.9%
Profitability 82-18
return on assets 10.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.6%▲ +0.2 percentage points vs 12-2024 02-2025: 0.9%▲ +0.3 percentage points vs 01-2025highest value 03-2025: 0.2%▼ -0.7 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.49 (0.32 in 2024), below 1. Short-term debt is 55.6% and cash 4.9% of total assets. 76.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 96, micro). It does better than 47% of them on solvency, 21% on liquidity, 69% on profitability and 87% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €170,077
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Profit of €17,754 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.49, cash €8,265, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
3 days late
2023
2 days early
2022
4 days early
2021
27 days early
2020
3 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th oldest company in Binche, Other services sectorin the Checked rankings No. 4 View

Recent changes

  1. · Gazette deed Reappointment: Gérard LAI (director)
  2. · Gazette deed Appointment: Nathalie SCORNAUX (director)
  3. · Gazette deed Change of role: Gérard LAI, from manager to statutory director
All 17 events

Comparable companies

These companies have the same main activity as GICO: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €151,000 and €213,000, founded between 2001 and 2005.

CompanyTotal assetsGross margin
GICO Binche€170,077€74,047
JESSICA ET LAURIE Gembloux€194,283€62,496
VAN DEN EYNDE MARIANE Geel€151,067€71,706
ESPACE REEL Herstal€187,906€78,878
GABRIEL GG Asse€201,240€87,804
THE VIPS Antwerpen€213,097€72,902
HAIR ZONHOVEN Heusden-Zolder€170,257€105,030
Full comparison

Key facts about GICO

What is the company number of GICO?
The company number of GICO is 0869.458.411. The VAT number is the same number with BE in front: BE 0869.458.411.
Where is GICO based?
The registered office is at Place de Ressaix(RES) 7, 7134 Binche.Company details
What does GICO do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of GICO?
The legal form of GICO is Private limited company (BV).
When was GICO founded?
GICO was founded on 18-10-2004.
Is GICO still active?
Yes, GICO is an active enterprise in the KBO register.
How many employees does GICO have?
GICO had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does GICO fall under?
In its 30-06-2025 annual accounts, GICO states joint committee 314 (Paritair Comité voor het kappersbedrijf en de schoonheidszorgen).
What is the turnover of GICO?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €74,047 and 33 comparable companies (NACE 962). It probably lies between €140,000 and €210,000.
Is GICO profitable?
In financial year 2025, GICO made a profit of €17,754.
Where can I find the annual accounts of GICO?
GICO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GICO due?
GICO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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