GIGI
ActiveThe computed 12-month bankruptcy probability of GIGI is 4.7% (elevated). The 2024 annual accounts show equity of €17k and a net result of €8k. Its solvency ranks better than 36% of 18941 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+2
Solvency38▲+6
Growth78
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.14 against 0.29 in 2023; short-term debt: 63% and cash: 1.9% of total assets), and 87.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.8%
Return on assets
6.4%
Age of the figures
20 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 101%
2023 · €8k
2023: €8k
2023 → 2024
Total assets
€130k▲ 14.8%
2023 · €114k
2023: €114k
2023 → 2024
Net result
€8k▲ 45.4%
2023 · €6k
2023: €6k
2023 → 2024
Working capital
€-71k▼ 8.6%
2023 · €-65k
2023: €-65k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€8k-€17k▲ 101%
Operating result€9k-€14k▲ 49.3%
Net result€6k-€8k▲ 45.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 49% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€118k▲ 38.4%
Current assets
€12k▼ 56.1%
Equity and liabilities €130k
Equity
€17k▲ 101%
Debt
€114k▲ 8.0%
The debt ratio falls from 92.7% to 87.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▲
2023 · €23k
Cash flow
€29k▲
2023 · €20k
Solvency
12.8%▲
2023 · 7.3%
Current ratio
0.14▼
2023 · 0.29
Quick ratio
0.07▼
2023 · 0.24
Debt / equity
6.83▼
2023 · 12.75
ROE
50.4%▼
2023 · 69.8%
ROA
6.4%▲
2023 · 5.1%
Interest coverage
16.50▼
2023 · 27.08
Debt
€114k▲
2023 · €105k
Debt ≤ 1 year
€82k▼
2023 · €92k
Debt > 1 year
€32k▲
2023 · €12k
Income taxes
€3k▲
2023 · €3k
Staff costs
€32k▲
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€114k€130k▲
Formation expenses20€2k€566▼
Fixed assets21/28€85k€118k▲
Intangible fixed assets21€69k€61k▼
Tangible fixed assets22/27€17k€58k▲
Plant, machinery and equipment23€1k€5k▲
Leasing and similar rights25€15k€52k▲
Current assets29/58€27k€12k▼
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€5k€6k▲
Amounts receivable within one year40/41€7k€694▼
Trade receivables40€6k€694▼
Other amounts receivable41€478-
Cash at bank and in hand54/58€13k€2k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€114k€130k▲
Equity10/15€8k€17k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€6k€14k▲
Amounts payable17/49€105k€114k▲
Amounts payable after more than one year17€12k€32k▲
Financial debts170/4€12k€32k▲
Amounts payable within one year42/48€92k€82k▼
Current portion of amounts payable after more than one year42€3k€11k▲
Trade debts44€13k€4k▼
Suppliers440/4€13k€4k▼
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€71k€60k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€18k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€21k▲
Other operating charges640/8€349€351▲
Gross operating margin9900€42k€67k▲
Operating profit (loss)9901€9k€14k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€864€2k▲
Recurring financial charges65€864€2k▲
Profit (loss) for the period before taxes9903€8k€12k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€6k€8k▲
Profit (loss) for the period to be appropriated9905€6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€14k▲
Profit (loss) brought forward from the previous period14P-€6k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Bocholt · 1 establishment unit since 2022
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.
Dorpsstraat 503950 BocholtGround area
340 m²
Building footprint
131 m²
Volume, LiDAR
890 m³
Parcel 72003C0418/00G002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GIGI
since 20222.334.829.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003C0418/00G002 | Flanders | 340 m² | 1 · 131 m² | 10.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBocholt2.334.829.689
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Of 21,911 companies in sector 56112 we hold annual accounts for 9,783. 7,851 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.