GIGOVI
ActiveThe computed 12-month bankruptcy probability of GIGOVI is 4.1% (elevated). The 2024 annual accounts show equity of €37k and a net result of €48k. Its solvency ranks better than 82% of 18939 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency93▲+93
Growth85
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 2.54 against 0.33 in 2023; short-term debt: 32.2% and cash: 14.4% of total assets), and 32.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
350 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€125k▲ 146%
2023 · €51k
2023: €51k
2023 → 2024
EBIT margin
38.2%▲ 59.5pp
2023 · -21.3%
2023: -21.3%
2023 → 2024
Net result
€48k
2023 · €-11k
2023: €-11k
2023 → 2024
Working capital
€27k
2023 · €-17k
2023: €-17k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€51k-€125k▲ 146%
Equity€-11k-€37k
Operating result€-11k-€48k
Net result€-11k-€48k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €48k after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€10k▲ 72.8%
Current assets
€45k▲ 439%
Equity and liabilities €54k
Equity
€37k
Debt
€18k
Debt finances 32.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€50k
Cash flow
€50k
Solvency
67.8%▲
2023 · -78.4%
Current ratio
2.54▲
2023 · 0.33
Quick ratio
2.54▲
2023 · 0.33
Debt / equity
0.48▲
2023 · -2.28
ROE
129.6%
ROA
87.8%▲
2023 · -78.4%
Interest coverage
743.13
Debt
€18k▼
2023 · €25k
Debt ≤ 1 year
€18k▼
2023 · €25k
Staff costs
€9k
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€14k€54k▲
Fixed assets21/28€6k€10k▲
Tangible fixed assets22/27€6k€10k▲
Plant, machinery and equipment23€6k€10k▲
Current assets29/58€8k€45k▲
Amounts receivable within one year40/41€94€6k▲
Trade receivables40-€2k
Other amounts receivable41€94€4k▲
Cash at bank and in hand54/58€895€8k▲
Deferred charges and accrued income490/1€7k€31k▲
Equity and liabilities
Total equity and liabilities10/49€14k€54k▲
Equity10/15€-11k€37k▲
Reserves13-€20k
Non-distributable reserves130/1-€20k
Other1319-€20k
Profit (loss) carried forward14€-11k€17k▲
Amounts payable17/49€25k€18k▼
Amounts payable within one year42/48€25k€18k▼
Trade debts44€16k€5k▼
Suppliers440/4€16k€5k▼
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3-€10k
Remuneration and social security454/9€5k€2k▼
Other amounts payable47/48€4k-
Income statement
Code20232024
Turnover70€51k€125k▲
Goods, raw materials, services and sundry goods60/61€62k€66k▲
Remuneration, social security and pensions62-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Gross operating margin9900€-11k€59k▲
Operating profit (loss)9901€-11k€48k▲
Financial charges65/66B€64€67▲
Recurring financial charges65€64€67▲
Profit (loss) for the period before taxes9903€-11k€48k▲
Profit (loss) for the period9904€-11k€48k▲
Profit (loss) for the period to be appropriated9905€-11k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€48k▲
Transfer to equity691/2-€31k
To contributions691-€11k
To the legal reserve6920-€20k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 350 days late
2024
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 2.54
Current ratio from 0.33 to 2.54; short-term debt falls from €25k to €18k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zaventem · 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.
Excelsiorlaan 711930 ZaventemGround area
6,119 m²
Building footprint
1,592 m²
Volume, LiDAR
16,120 m³
2 parcels, Brussels, Flanders · tallest building 27.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Louise 107
since 20222.329.089.665
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 fl. |
| 21807G0054/00D000 | Brussels | 683 m² | 1 · 105 m² | 27.0 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteElsene2.329.089.665
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WEWELER MÜHLE
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,647 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:desislavagigova@gmail.com