GIGA BUILDING
ActiveSummary
GIGA BUILDING has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €542,198. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+41
Solvency94▲+3
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 32.8 against 3.08 in 2024; short-term debt: 2% and cash: 64.4% of total assets), and 30.9% of the assets are financed with debt.
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Signals
Six 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.1%
Return on assets
35.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €1.0m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
22 d early
2023
on the day
2022
32 d early
2021
19 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€1.0m▲ 108%
2024 · €504,104
Total assets
€1.5m▲ 97.7%
2024 · €765,313
Net result
€542,198▲ 6,668%
2024 · €8,011
Working capital
€944,635▲ 1,250%
2024 · €69,953
Trend over the years
In euros
In euros
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10,122-€3,134€13,961€22,332▲ 60.0%€752,453▲ 3,269%
Net result-€3,989▲ 88.5%-€16,259▼ 308%€1,087€8,011▲ 637%€542,198▲ 6,668%
Equity€511,264▼ 0.8%€495,006▼ 3.2%€496,093▲ 0.2%€504,104▲ 1.6%€1.0m▲ 108%
Total assets€862,705▼ 3.5%€813,356▼ 5.7%€786,809▼ 3.3%€765,313▼ 2.7%€1.5m▲ 97.7%
Debt€351,440▼ 7.2%€318,350▼ 9.4%€290,717▼ 8.7%€261,209▼ 10.2%€282,207▲ 8.0%
Working capital€32,196▲ 90.1%€31,045▼ 3.6%€47,240▲ 52.2%€69,953▲ 48.1%€944,635▲ 1,250%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +6,668% on 2024. This fiscal year ran 21 months, the previous one 12.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 3,269% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€538,888 ▼ 18.6%
Current assets
€974,343 ▲ 840%
Equity and liabilities €1.5m
Equity
€1.0m ▲ 108%
Provisions
€184,721
Debt
€282,207 ▲ 8.0%
Debt's share of the balance-sheet total falls from 34.1% to 18.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€841,996▲
2024 · €67,033
Cash flow
€631,740▲
2024 · €52,713
Current ratio
32.80▲
2024 · 3.08
Debt to equity
0.27▼
2024 · 0.52
ROE
51.8%▲
2024 · 1.6%
ROA
35.8%▲
2024 · 1.0%
Interest coverage
32.97▲
2024 · 4.69
Debt ≤ 1 year
€29,707▼
2024 · €33,709
Debt > 1 year
€252,500▲
2024 · €227,500
Income taxes
€0▼
2024 · €33
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
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 20,134 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €738,882 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,248 | €45,108 | €45,108 | €44,701 | €89,542 | ▲ 100% |
| Other operating charges640/8 | - | €6,549 | €7,234 | €6,467 | €11,851 | ▲ 83.2% |
| Gross operating margin9900 | €66,732 | €48,523 | €66,302 | €73,501 | €853,846 | ▲ 1,062% |
| Operating profit (loss)9901 | €10,122 | -€3,134 | €13,961 | €22,332 | €752,453 | ▲ 3,269% |
| Financial income75/76B | - | €90 | €18 | €7 | €0 | ▼ 100% |
| Recurring financial income75 | €2 | €90 | €18 | €7 | €0 | ▼ 100% |
| Financial charges65/66B | - | €13,215 | €12,892 | €14,294 | €25,535 | ▲ 78.6% |
| Recurring financial charges65 | €14,113 | €13,035 | €12,892 | €14,294 | €25,535 | ▲ 78.6% |
| Non-recurring financial charges66B | - | €180 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€3,989 | -€16,259 | €1,087 | €8,045 | €726,919 | ▲ 8,936% |
| Transfer to deferred taxes680 | - | - | - | - | €184,721 | - |
| Income taxes67/77 | €0 | - | - | €33 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€3,989 | -€16,259 | €1,087 | €8,011 | €542,198 | ▲ 6,668% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €554,162 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,989 | -€16,259 | €1,087 | €8,011 | -€11,963 | ▼ 249% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €862,705 | €813,356 | €786,809 | €765,313 | €1.5m | ▲ 97.7% |
| Fixed assets21/28 | €796,569 | €751,460 | €706,352 | €661,651 | €538,888 | ▼ 18.6% |
| Tangible fixed assets22/27 | €796,569 | €751,460 | €706,352 | €661,651 | €538,888 | ▼ 18.6% |
| Land and buildings22 | - | €751,460 | €706,352 | €661,651 | €538,888 | ▼ 18.6% |
| Current assets29/58 | €66,136 | €61,895 | €80,457 | €103,662 | €974,343 | ▲ 840% |
| Amounts receivable within one year40/41 | €26,040 | €26,240 | €25,883 | €38,082 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €26,240 | €25,883 | €38,082 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €40,095 | €35,655 | €54,574 | €65,580 | €974,226 | ▲ 1,386% |
| Deferred charges and accrued income490/1 | - | - | - | - | €116 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €862,705 | €813,356 | €786,809 | €765,313 | €1.5m | ▲ 97.7% |
| Equity10/15 | €511,264 | €495,006 | €496,093 | €504,104 | €1.0m | ▲ 108% |
| Contributions10/11 | €90,000 | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Capital10 | - | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Issued capital100 | - | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Reserves13 | €175,100 | €175,100 | €175,100 | €175,100 | €929,112 | ▲ 431% |
| Non-distributable reserves130/1 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Legal reserve130 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Tax-exempt reserves132 | - | €115,950 | €115,950 | €115,950 | €670,112 | ▲ 478% |
| Distributable reserves133 | - | €50,150 | €50,150 | €50,150 | €250,000 | ▲ 399% |
| Profit (loss) carried forward14 | €246,164 | €229,906 | €230,993 | €239,004 | €27,191 | ▼ 88.6% |
| Provisions and deferred taxes16 | - | - | - | - | €184,721 | - |
| Deferred taxes168 | - | - | - | - | €184,721 | - |
| Amounts payable17/49 | €351,440 | €318,350 | €290,717 | €261,209 | €282,207 | ▲ 8.0% |
| Amounts payable after more than one year17 | €317,500 | €287,500 | €257,500 | €227,500 | €252,500 | ▲ 11.0% |
| Financial debts170/4 | - | €287,500 | €257,500 | €227,500 | €252,500 | ▲ 11.0% |
| Amounts payable within one year42/48 | €33,940 | €30,850 | €33,217 | €33,709 | €29,707 | ▼ 11.9% |
| Current portion of amounts payable after more than one year42 | - | €30,000 | €30,000 | €30,000 | €27,500 | ▼ 8.3% |
| Trade debts44 | €3,940 | €850 | €3,217 | €3,709 | €2,207 | ▼ 40.5% |
| Suppliers440/4 | - | €850 | €3,217 | €3,709 | €2,207 | ▼ 40.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,989 | -€16,259 | €1,087 | €8,011 | €542,198 | ▲ 6,668% |
| + Depreciation and write-downs630 | €49,248 | €45,108 | €45,108 | €44,701 | €89,542 | ▲ 100% |
| Operating cash flow (approximation) | €45,259 | €28,850 | €46,195 | €52,713 | €631,740 | ▲ 1,098% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €33,221 | - |
| Change in cash | - | -€4,440 | €18,919 | €11,007 | €908,646 | ▲ 8,155% |
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
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €542,198 ▲6,668%
Operating result €752,453, net result €542,198, both a record.
31-12
Financial
Liquidity times 11current ratio 32.80
Current ratio from 3.08 to 32.80; short-term debt falls from €33,709 to €29,707.
31-12
Financial
Equity above €1mEq €1.0m ▲108%
3 profitable years in a row build equity to €1.0m.
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €500,000Eq €504,104 ▲1.6%
2 profitable years in a row build equity to €504,104.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €1,087
Net result €1,087 after 4 loss-making years.
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet -€34,713
Net result drops to -€34,713, the lowest in the series; recovery starts the following year.
Show earlier events
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 365 days late
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 730 days late
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1994
Ground area
2,650 m²
Building footprint
134 m²
Volume, LiDAR
148 m³
Parcel 31039E0077/00N000, Flanders · tallest building 5.0 m. Linked by address, not a title deed.
61
companies at this address
See who is registered here
1 establishment unit
Giga Building
since 19942.066.075.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0077/00N000 | Flanders | 2,650 m² | 1 · 134 m² | 5.0 m |
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.
Company details
Identification
Legal formPublic limited company
Founded02-03-1994
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452263983
Also
9925:BE0452263983
Registered
23-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.