Skip to content
Checked.be
Complete company report
Generated 04-09-2026
Active BE 1010.924.397Private limited company

GICO

Festraetsstraat 35 ·3800 Sint-Truiden, Belgium· 2 yrs active
Sector: Renting and leasing of other machinery, equipment and tangible goods (77399)
Conclusion Checked

The computed 12-month bankruptcy probability of GICO is 3.1% (moderate). The 2025 annual accounts show negative equity (€-467) and a net result of €-5k. Its solvency ranks better than 22% of 47 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-467
Net result €-5k
Better than sector 22%
Active 2 yrs
Financial profile 4 of 5 axes measured · computed by Checked
Health28Profitability100Solvency33Growth-Stability67
57 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 28
Profitability 100
Solvency 33
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
3.1% Moderate
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
28 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score components
Liquidity Current ratio 0.16 (< 1.0) -10
Quick ratio Quick ratio 0.16 (< 0.6) -5
Equity Negative equity -25
Profitability ROE 1171% (≥ 10%) +10
Interest coverage Interest coverage 4.2× (≥ 3×) +8
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Sector comparison
Fiscal year 2025 · NACE 77, Rental and leasing activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -1.1% 28.6%
better than 22% of 47 sector peers
Net result €-5k €25k
better than 24% of 47 sector peers
Equity €-467 €152k
better than 22% of 47 sector peers
Gross operating margin €13k €140k
better than 13% of 47 sector peers
Total assets €44k €645k
better than 5% of 47 sector peers
Figures by fiscal year and ratios
Fiscal year2025
Depositabbreviated schema
Revenue-
EBITDA€13k
Net profit€-5k
Cash flow€10k
Staff costs-
Income taxes-
Dividends-
Total assets€44k
Equity€-467
Debt€44k
of which ≤ 1y€12k
of which > 1y€32k
Working capital€-10k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.16
Quick ratio0.16
Working capital ratio-22.2%
Solvency-1.1%
Debt / equity-94.25
Long-term debt ratio-69.48
Interest coverage4.17
Gross margin-
Net margin-
ROA-12.6%
ROE1170.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€44k
Fixed assets 21/28€42k
Tangible fixed assets 22/27€42k
Current assets 29/58€2k
Cash & bank 54/58€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€44k
Equity 10/15€-467
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-5k
Amounts payable 17/49€44k
Amounts payable after one year 17€32k
Amounts payable within one year 42/48€12k
Income statement
Gross operating margin 9900€13k
Operating result 9901€-2k
Financial income 75€1
Financial charges 65€3k
Result before taxes 9903€-5k
Net result for the period 9904€-5k
Result to be appropriated 9905€-5k
Directors & mandates 1 directors
Former directors (1)
  • DE CORTE Kevin
    Director
    State Gazette act 26024752 (18-02-2026)
    Former
    - → 30-11-2025
Legal Structure
NACE primary Renting and leasing of other machinery, equipment and tangible goods(77399)
Legal form Private limited company(610)
Incorporation28-06-2024
StatusActive
Postal code3800
Establishment units 1 location
GICO
Festraetsstraat 35, 3800 Sint-TruidenRenting and leasing of other machinery, equipment and tangible goods
since 20242.363.363.824
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71352D0822/00E002 Flanders 2,641 m² 1 · 450 m² 24.9 m · 7 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
18-02
State Gazette act Director changes
v3.2
2024
02-07
State Gazette act Incorporation
oprichting
State Gazette actNBB filing
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 6 months ago
2026
18-02-2026 DE CORTE Kevin resigns as director Director changes
  • DE CORTE Kevin, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "DE CORTE Kevin",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-11-30",
      "evidence_quote": "De Algemene Vergadering verleent vanaf 30 november 2025 ontslag aan niet-statutair bestuurder: -Mijnheer DE CORTE Kevin."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "1010.924.397",
    "name_full": "GICO",
    "legal_form": "BV"
  }
}
2024
02-07-2024 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "3800 Sint-Truiden, Festraetsstraat 35 bus 0404",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "GILOT Tomas",
        "niss": null,
        "address": "3800 Sint-Truiden, Festraetsstraat 35/0404"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 1666.67,
      "holder_person_name": "GILOT Tomas",
      "is_subscriber_only": true,
      "n_shares_subscribed": 33,
      "amount_subscribed_eur": 1666.67,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "DE CORTE Kevin Ghislain Alo\u00EFs Fran\u00E7ois",
        "niss": null,
        "address": "3800 Sint-Truiden, Diesterstraat 64"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 1666.67,
      "holder_person_name": "DE CORTE Kevin Ghislain Alo\u00EFs Fran\u00E7ois",
      "is_subscriber_only": true,
      "n_shares_subscribed": 33,
      "amount_subscribed_eur": 1666.67,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "MATHIJS Sebastiaan Lucienne Gilbert",
        "niss": null,
        "address": "3850 Nieuwerkerken, Streekveldstraat 7"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 1666.66,
      "holder_person_name": "MATHIJS Sebastiaan Lucienne Gilbert",
      "is_subscriber_only": true,
      "n_shares_subscribed": 33,
      "amount_subscribed_eur": 1666.66,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 5000.0,
  "subject_company": {
    "kbo": "1010.924.397",
    "name_full": "GICO",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2024-06-28",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Renting and leasing of other machinery, equipment and tangible goods77399
Names & trade names
Legal nameNL GICO
Similar companies Same sector and region · no size comparison possible · 675 of 1,188 with filed accounts
COMFORCE BE 0841.762.139 · Sint-Truiden
SPIRITUS LORENZ CONTAINERS BE 0719.520.660 · Sint-Truiden
Amusementsspelen Mangelschots BE 0422.153.601 · Scherpenheuvel-Zichem
BERCK BE 0441.524.402 · Rotselaar
Bergerat Rent BE 0416.951.431 · Overijse
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative