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GIGANT

Active Private limited companyfounded 1977active for 48 yearsAntwerpsesteenweg 338A, 2390 MalleKBO/BCE: BE 0417.963.201 #1 oldest company in Malle, Arts, sports and recreation sector

Lifetime

16 annual accounts with figures on one time axis, 46 filings since 1978
peak €934,788 (2024)
€934,788▲ 11.2%
lowest -€95,333 (2020)
€592,707▼ 0.9%
peak €1.1m (2024)
€1.1m▲ 73.1%
€381,460▲ 59.1%
peak 5.8 FTE (2017)
2.5 FTE▼ 43.2%
Board2 names since 2008
1 directorRoyale Events SAS
Documentsfilings and deeds
02-12-2025124 days late
2024abbreviated format
Staff from 4.4 FTE to 2.5 FTENew director 05-11Dividend €140,000Equity from €619,542 to €1.1mDebts from €239,790 to €381,460

Key points

from the 2024 annual accounts

Equity

€1.1m ▲ 73.1%
€620,0002023€1.1m2024

Equity rose in 2024 from €619,542 to €1.1m.

Debts

€381,460 ▲ 59.1%
Taxes and wages
+132,615
Suppliers
+4,653
The rest
+4,403

Debts rose by €141,671 in 2024.

Staff

2.5 FTE from 5.8 in 2017

Between 2017 and 2024, 57% of the full-time equivalents disappeared.

Filings

46 annual accounts 101 days past the deadline
AprilJune31 JulyOctober198019952010

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€592,707

Higher net result than 95% of companies in sports and recreation. Sector median €17,751 · 907 companies.

Checked score

58
Fair
Financially stronger than 88% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 4,268 companies (NACE 93, micro).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025highest value 01-2026: 0.1%▼ -0.2 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

99+2equity 73.8% of total assets
90+1short-term debt 26.2% · cash 51.0%
100=return on assets 40.8%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
1 financial year not filed after the legal deadline; last filed accounts filed 124 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 03-12-2025)
lowers risk
Founded in 1977
Liquidity: current ratio 3.65, cash €741,897
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 93, micro). It does better than 83% of them on solvency, 89% on liquidity, 94% on profitability and 88% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as GIGANT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GIGANT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for GIGANT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €60,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 3.65 (3.33 in 2023), above the usual 1.5. Short-term debt is 26.2% and cash 51% of total assets. 26.2% of the assets are financed with debt and provisions.

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Founded in 1977
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 · Liquidity: current ratio 3.65, cash €741,897
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 124 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 03-12-2025)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 124 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
124 days late
2023
148 days late
2022
112 days late
2021
150 days late
2020
222 days late
2019
129 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 148 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RE
Royale Events SAS
Director, Pierre Hector, since 13-06-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0417963201
New director Royale Events SAS appointed, Jan van der Honing resigned · Permanent representative: Pierre Hector · Director discharge: Jan van der Honing · General meeting of 13-06-2024 · Gazette deed
Change of role: VAN DER HONING Jan, from manager to director Director discharge: VAN DER HONING Jan (manager) · General meeting of 12-12-2023 · Gazette deed
Registered office moved from Schoten to Malle New registered office: Antwerpsesteenweg 338A, 2390 Malle · Previous registered office: Bredabaan 1026 bus 5, 2900 Schoten · General meeting of 01-02-2022 · Gazette deed
All 62 events

Comparable companies

same main activity, similar in size and age
Company
GIGANT Malle €1.5m €0.9m 73.8% 2.5
J.F. VLASSELAERTS Puurs-Sint-Amands €1.3m €0.4m 32.6% 1.6
Verwijk-Bufkens Beveren-Kruibeke-Zwijndrecht €1.6m €0.4m 33.6% 1.7
LOS CHURROS Brussels €1.8m €1.1m 63.4% 11.9
KERMISBEDRIJF BAETENS Lokeren €1.2m €0.2m 18.0% 0.9
AUMAX Jemeppe-sur-Sambre €1.6m €0.2m 31.9% -
DE CONINCK Engis €0.7m €0.3m 42.7% -

These companies have the same main activity as GIGANT: operation of fairground attractions (NACE 93291). They are comparable in size and age: total assets between €675,000 and €1.8m, founded between 1989 and 2012.

Official details

Source: KBO
Status
Active since 24-11-1977Normal situation
Registered office
17 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Operation of fairground attractionsNACE 93291
Establishment unit
2.014.433.2462390 Malle, since 01-01-1978
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Annual accounts 2024

≈ €1.7mestimated
€1.5m▲ 69.2%
Employeeson 31-12-2024
4
Filing
Filed on 02-12-2025
Financials

Insights on GIGANT

GIGANT files the abbreviated format. That format states no turnover. The gross margin rose from €63,386 in 2008 to €934,788 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GIGANT

What is the company number of GIGANT?
The company number of GIGANT is 0417.963.201. The VAT number is the same number with BE in front: BE 0417.963.201.
Where is GIGANT based?
The registered office is at Antwerpsesteenweg 338A, 2390 Malle.Company details
What does GIGANT do?
According to the KBO register, the main activity is operation of fairground attractions (NACE 93291).
What is the legal form of GIGANT?
GIGANT is a private limited company (BV).
When was GIGANT founded?
GIGANT was founded on 24-11-1977.
Is GIGANT still active?
Yes, GIGANT is an active enterprise in the KBO register.
How many employees does GIGANT have?
GIGANT had an average of 2.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of GIGANT?
The turnover in financial year 2024 is ≈ €1.7m. This figure is estimated from the gross margin of €934,788 and 42 comparable companies (NACE 93). It probably lies between €1.3m and €2.0m.
Is GIGANT profitable?
In financial year 2024, GIGANT made a profit of €592,707.
Where can I find the annual accounts of GIGANT?
GIGANT filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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