Skip to content

GIGIMO

Active
Private limited companyfounded 198936 yrs activeHendrik Serruyslaan 50, 8400 Oostende, BelgiumKBO/BCE: BE 0438.597.673
Summary

GIGIMO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133,614 and a net result of €2,545. Equity is growing by ~3.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability81▲+1
Solvency100=
Growth48▲+2
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 30.1; short-term debt: 2.2% and cash: 42.5% of total assets), and 4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96%
Return on assets
1.8%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
27 d early
2023
14 d early
2022
28 d early
2021
39 d early
2020
26 d early
2019
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 28 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 October 1989, GIGIMO was incorporated.1 Revenue went from EUR 38,967 in 2018 to EUR 43,223 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
€43,223▲ 12.0%
2024 · €38,593
EBIT margin
11.5%▲ 1.3pp
2024 · 10.2%
Net result
€2,545▲ 34.7%
2024 · €1,890
Working capital
€87,576▲ 21.6%
2024 · €72,038
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€39,099▲ 43.2%€35,455▼ 9.3%€37,142▲ 4.8%€38,593▲ 3.9%€43,223▲ 12.0%
Operating result€8,427▼ 42.4%€1,746▼ 79.3%€2,575▲ 47.5%€3,950▲ 53.4%€4,991▲ 26.4%
Net result€5,454▼ 32.9%€4,329▼ 20.6%€2,243▼ 48.2%€1,890▼ 15.7%€2,545▲ 34.7%
EBIT margin21.6%▼ 32.0pp4.9%▼ 16.6pp6.9%▲ 2.0pp10.2%▲ 3.3pp11.5%▲ 1.3pp
Equity€122,607▲ 4.7%€126,936▲ 3.5%€129,179▲ 1.8%€131,069▲ 1.5%€133,614▲ 1.9%
Total assets€139,493▼ 0.5%€137,463▼ 1.5%€131,398▼ 4.4%€134,125▲ 2.1%€139,158▲ 3.8%
Debt€16,886▼ 26.7%€10,527▼ 37.7%€2,219▼ 78.9%€3,056▲ 37.7%€5,544▲ 81.4%
Working capital€33,427▲ 84.6%€45,571▲ 36.3%€54,769▲ 20.2%€72,038▲ 31.5%€87,576▲ 21.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,500€5,000€7,500Operating result 2021: €8,427€8,427Net result 2021: €5,454€5,454Operating result 2022: €1,746€1,746Net result 2022: €4,329€4,329Operating result 2023: €2,575€2,575Net result 2023: €2,243€2,243Operating result 2024: €3,950€3,950Net result 2024: €1,890€1,890Operating result 2025: €4,991€4,991Net result 2025: €2,545€2,54520212022202320242025€0€2,000€4,000Operating result 2023: €2,575€2,580Net result 2023: €2,243€2,240Operating result 2024: €3,950€3,950Net result 2024: €1,890€1,890Operating result 2025: €4,991€4,990Net result 2025: €2,545€2,550202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139,158
Fixed assets €48,572 ▼ 21.0%
Current assets €90,586 ▲ 24.7%
Equity and liabilities €139,158
Equity €133,614 ▲ 1.9%
Debt €5,544 ▲ 81.4%
Debt's share of the balance-sheet total rises from 2.3% to 4.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€17,910▲
2024 · €16,869
Cash flow
€15,464▲
2024 · €14,809
Current ratio
30.10
Debt to equity
0.04▲
2024 · 0.02
ROE
1.9%▲
2024 · 1.4%
ROA
1.8%▲
2024 · 1.4%
Interest coverage
29.12▼
2024 · 32.76
Debt ≤ 1 year
€3,010▲
2024 · €596
Income taxes
€1,831▲
2024 · €1,545
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€134,125€139,158▲
Fixed assets21/28€61,491€48,572▼
Tangible fixed assets22/27€61,491€48,572▼
Land and buildings22€48,572€48,572=
Furniture and vehicles24€12,919€0▼
Current assets29/58€72,634€90,586▲
Amounts receivable within one year40/41€28,575€28,483▼
Other amounts receivable41€28,575€28,483▼
Current investments50/53€3,368€3,018▼
Cash at bank and in hand54/58€40,691€59,085▲
Equity and liabilities
Total equity and liabilities10/49€134,125€139,158▲
Equity10/15€131,069€133,614▲
Contributions10/11€126,873€126,873=
Reserves13€4,133€6,678▲
Distributable reserves133€4,133€6,678▲
Profit (loss) carried forward14€63€63=
Amounts payable17/49€3,056€5,544▲
Amounts payable within one year42/48€596€3,010▲
Trade debts44€407€2,609▲
Suppliers440/4€407€2,609▲
Taxes, remuneration and social security45€189€401▲
Taxes450/3€189€401▲
Accrued charges and deferred income492/3€2,460€2,534▲
Income statement Code20242025
Turnover70€38,593€43,223▲
Goods, raw materials, services and sundry goods60/61€12,160€15,373▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,919€12,919=
Other operating charges640/8€9,564€9,940▲
Gross operating margin9900€26,433€27,850▲
Operating profit (loss)9901€3,950€4,991▲
Financial charges65/66B€515€615▲
Recurring financial charges65€515€615▲
Profit (loss) for the period before taxes9903€3,435€4,376▲
Income taxes67/77€1,545€1,831▲
Profit (loss) for the period9904€1,890€2,545▲
Profit (loss) for the period to be appropriated9905€1,890€2,545▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,953€2,608▲
Profit (loss) brought forward from the previous period14P€63€63=
Transfer to equity691/2€1,890€2,545▲
To other reserves6921€1,890€2,545▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€39,099€35,455€37,142€38,593€43,223▲ 12.0%
Goods, raw materials, services and sundry goods60/61€9,246€12,096€12,117€12,160€15,373▲ 26.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,919€12,919€12,919€12,919€12,919=
Other operating charges640/8€8,507€8,694€9,531€9,564€9,940▲ 3.9%
Gross operating margin9900€29,853€23,359€25,025€26,433€27,850▲ 5.4%
Operating profit (loss)9901€8,427€1,746€2,575€3,950€4,991▲ 26.4%
Financial income75/76B€108€5,000€1,550---
Recurring financial income75€108€5,000€1,550---
Non-recurring financial income76B-€5,000€1,550---
Financial charges65/66B€344€108€159€515€615▲ 19.4%
Recurring financial charges65€344€108€159€515€615▲ 19.4%
Profit (loss) for the period before taxes9903€8,191€6,638€3,966€3,435€4,376▲ 27.4%
Income taxes67/77€2,737€2,309€1,723€1,545€1,831▲ 18.5%
Profit (loss) for the period9904€5,454€4,329€2,243€1,890€2,545▲ 34.7%
Profit (loss) for the period to be appropriated9905€5,454€4,329€2,243€1,890€2,545▲ 34.7%
Line20212022202320242025Change
Assets
Total assets20/58€139,493€137,463€131,398€134,125€139,158▲ 3.8%
Fixed assets21/28€100,249€87,330€74,410€61,491€48,572▼ 21.0%
Tangible fixed assets22/27€100,249€87,330€74,410€61,491€48,572▼ 21.0%
Land and buildings22€48,572€48,572€48,572€48,572€48,572=
Furniture and vehicles24€51,677€38,758€25,838€12,919€0▼ 100%
Current assets29/58€39,244€50,133€56,988€72,634€90,586▲ 24.7%
Amounts receivable within one year40/41€27,910€28,456€28,491€28,575€28,483▼ 0.3%
Other amounts receivable41€27,910€28,456€28,491€28,575€28,483▼ 0.3%
Current investments50/53€6,152€5,885€3,720€3,368€3,018▼ 10.4%
Cash at bank and in hand54/58€5,182€15,792€24,777€40,691€59,085▲ 45.2%
Equity and liabilities
Total equity and liabilities10/49€139,493€137,463€131,398€134,125€139,158▲ 3.8%
Equity10/15€122,607€126,936€129,179€131,069€133,614▲ 1.9%
Contributions10/11€123,104€123,104€126,873€126,873€126,873=
Capital10€123,104€123,104----
Issued capital100€123,104€123,104----
Reserves13€3,769€3,769€2,243€4,133€6,678▲ 61.6%
Non-distributable reserves130/1€3,769€3,769€0---
Legal reserve130€3,769€3,769----
Reserves not available under the articles1311--€0---
Distributable reserves133--€2,243€4,133€6,678▲ 61.6%
Profit (loss) carried forward14-€4,266€63€63€63€63=
Amounts payable17/49€16,886€10,527€2,219€3,056€5,544▲ 81.4%
Amounts payable within one year42/48€5,817€4,562€2,219€596€3,010▲ 405%
Trade debts44€2,140€2,209€1,970€407€2,609▲ 541%
Suppliers440/4€2,140€2,209€1,970€407€2,609▲ 541%
Taxes, remuneration and social security45€3,677€2,353€249€189€401▲ 112%
Taxes450/3€3,677€2,353€249€189€401▲ 112%
Accrued charges and deferred income492/3€11,069€5,965-€2,460€2,534▲ 3.0%
Line20212022202320242025Change
Profit (loss) for the period9904€5,454€4,329€2,243€1,890€2,545▲ 34.7%
+ Depreciation and write-downs630€12,919€12,919€12,919€12,919€12,919=
Operating cash flow (approximation)€18,373€17,248€15,162€14,809€15,464▲ 4.4%
Investment in fixed assets (approximation)-€0€1€0€0-
Change in cash-€10,610€8,985€15,914€18,394▲ 15.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €1,890 ▼15.7%
Net result drops to €1,890, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 5current ratio 121.87
Current ratio from 25.68 to 121.87; short-term debt falls from €2,219 to €596.
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity doublescurrent ratio 25.68
Current ratio from 10.99 to 25.68; short-term debt falls from €4,562 to €2,219.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity triplescurrent ratio 6.75
Current ratio from 2.54 to 6.75; short-term debt falls from €11,791 to €5,817.
05-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Oostende
exact location from the address register On OpenStreetMap
Ground area
227 m²
Building footprint
227 m²
Volume, LiDAR
4,787 m³
Parcel 35013A1240/00R000, Flanders · tallest building 25.7 m, ±8 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A1240/00R000 Flanders 227 m² 1 · 227 m² 25.7 m · 8 fl.
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.

Recognitions · licences · registrations

Legal Entity Identifier

967600E6RLDWU3ASAA52
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded04-10-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

1 convocation
Ordinary general meeting
on 06-06-2009 at 14u · at the registered office · published 26-05-2009
Agenda
Goedkeuren jaarrekening per 31 december 2008. Goedkeuring jaarver- slag raad van bestuur. Goedkeuring resultaatbestemming per 31 december 2008. Decharge aan de bestuurders. Varia. De aandeelhou- ders dienen zich te schikken naar de statuten en de wettelijke voor- schriften ter zake. (AOPC-1-9-05367/26.05)