Summary
GIDACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.14M and a net result of €36k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 27% of 6156 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
31 d early
2021
37 d early
2020
30 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.14M▲ 3.3%
2023 · €1.10M
2018: €517k
2019: €654k
2020: €809k
2021: €943k
2022: €1.04M
2023: €1.10M
2018 → 2024
Net result
€36k▼ 39.2%
2023 · €59k
2018: €80k
2019: €137k
2020: €154k
2021: €134k
2022: €101k
2023: €59k
2018 → 2024
Total assets
€4.15M▲ 33.6%
2023 · €3.11M
2018: €2.27M
2019: €2.16M
2020: €2.17M
2021: €2.10M
2022: €2.17M
2023: €3.11M
2018 → 2024
Solvency
27.4%▼ 8.1pp
2023 · 35.5%
2018: 22.8%
2019: 30.2%
2020: 37.3%
2021: 44.9%
2022: 48.0%
2023: 35.5%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€809k-€943k▲ 16.6%€1.04M▲ 10.7%€1.10M▲ 5.7%€1.14M▲ 3.3%
Operating result€227k-€191k▼ 16.1%€130k▼ 31.7%€116k▼ 10.8%€126k▲ 8.4%
Net result€154k-€134k▼ 13.2%€101k▼ 25.0%€59k▼ 41.2%€36k▼ 39.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.15M
Fixed assets
€2.55M ▲ 72.1%
Current assets
€1.60M ▼ 1.6%
Equity and liabilities €4.15M
Equity
€1.14M ▲ 3.3%
Debt
€3.01M ▲ 50.3%
Debt's share of the balance-sheet total rises from 64.5% to 72.6%. Equity and debt are higher.
Key figures and ratios
ROE
3.2%▼
2023 · 5.4%
ROA
0.9%▼
2023 · 1.9%
Debt ≤ 1 year
€2.95M▲
2023 · €1.02M
Income taxes
€20k▼
2023 · €27k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.11M€4.15M▲
Fixed assets21/28€1.48M€2.55M▲
Tangible fixed assets22/27€8k€3k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€5k-
Financial fixed assets28€1.48M€2.55M▲
Current assets29/58€1.62M€1.60M▼
Amounts receivable within one year40/41€1.23M€1.46M▲
Trade receivables40€64k€38k▼
Other amounts receivable41€1.16M€1.42M▲
Current investments50/53€300k-
Cash at bank and in hand54/58€86k€125k▲
Deferred charges and accrued income490/1€12k€12k▼
Equity and liabilities
Total equity and liabilities10/49€3.11M€4.15M▲
Equity10/15€1.10M€1.14M▲
Contributions10/11€20k€20k=
Reserves13€1.08M€1.12M▲
Distributable reserves133€1.08M€1.12M▲
Amounts payable17/49€2.00M€3.01M▲
Amounts payable after more than one year17€980k-
Financial debts170/4€980k-
Amounts payable within one year42/48€1.02M€2.95M▲
Current portion of amounts payable after more than one year42€1.00M€500k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€5k€14k▲
Taxes450/3€5k€14k▲
Other amounts payable47/48€11k€2.43M▲
Accrued charges and deferred income492/3€3k€64k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€6k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€136k€134k▼
Operating profit (loss)9901€116k€126k▲
Financial income75/76B€54€42k▲
Recurring financial income75€54€42k▲
Financial charges65/66B€30k€112k▲
Recurring financial charges65€30k€112k▲
Non-recurring financial charges66B€350-
Profit (loss) for the period before taxes9903€86k€56k▼
Income taxes67/77€27k€20k▼
Profit (loss) for the period9904€59k€36k▼
Profit (loss) for the period to be appropriated9905€59k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€36k▼
Transfer to equity691/2€59k€36k▼
To other reserves6921€59k€36k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €36k ▼39.2%
Net result drops to €36k, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.04M ▲10.7%
5 profitable years in a row build equity to €1.04M.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 13.80
Current ratio from 3.99 to 13.80; short-term debt falls from €276k to €76k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €154k ▲12.9%
Net result €154k, the highest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Diepenbeek · 1 establishment unit since 2012
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.
Kapelstraat 233590 DiepenbeekGround area
787 m²
Building footprint
957 m²
Volume, LiDAR
3,389 m³
Parcel 71403G0485/00G000, Flanders · tallest building 30.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GIDACO
since 20122.207.459.088
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71403G0485/00G000 | Flanders | 787 m² | 1 · 957 m² | 30.2 m · 1 fl. |
Linked by address, not proof of ownership
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.
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k-sco
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,373 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.