Financials
- Fiscal year
- 2024
- Turnover
- €115,550
- Loss
- -€23,321
- Solvency
- 14.1%
Turnover▼ 23.4%
Net result
20232024
GIHAN
ActiveSummary
The computed 12-month bankruptcy probability of GIHAN is 10.8% (high). The 2024 annual accounts show equity of €26,589 and a net result of -€23,321. Equity is growing by ~14.4% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known1 site
Size
€115,550turnover 2024
- Equity
- €26,589
- Loss
- -€23,321
Structure
- Board
- 1 member
Accounts 66 d overdue1 of 2 deeds read
Why 29- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 148 days late; 2 of the last 3 late- Figures for FY 2024 (filed 29-12-2025)- Liquidity: current ratio 1.16, cash €2,744Show the evidence
Checked score
Score 2024
29
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 16% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
39-12
equity 14.1% of total assets
Liquidity
4-8
short-term debt 85.9% · cash 1.5%
Profitability
2-37
return on assets -12.4%
Bankruptcy probability, 12 months
10.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%
12-2024: 2.0%▼ -3.5% vs 11-2024
01-2025: 2.0%▼ -2.7% vs 12-2024
02-2025: 2.0%● 0.0% vs 01-2025
03-2025: 2.0%▼ -0.5% vs 02-2025
04-2025: 1.9%▼ -3.0% vs 03-2025
05-2025: 1.9%▲ +0.5% vs 04-2025
06-2025: 1.8%▼ -7.4% vs 05-2025lowest value
07-2025: 1.9%▲ +5.8% vs 06-2025
08-2025: 2.4%▲ +25.5% vs 07-2025
09-2025: 2.8%▲ +17.0% vs 08-2025
10-2025: 3.7%▲ +31.9% vs 09-2025
11-2025: 3.9%▲ +7.7% vs 10-2025
12-2025: 5.2%▲ +32.0% vs 11-2025
01-2026: 4.8%▼ -7.1% vs 12-2025
02-2026: 4.8%● 0.0% vs 01-2026
03-2026: 4.8%● 0.0% vs 02-2026
04-2026: 4.9%▲ +1.4% vs 03-2026
05-2026: 4.6%▼ -5.5% vs 04-2026
06-2026: 4.2%▼ -9.0% vs 05-2026
07-2026: 4.2%▼ -1.0% vs 06-2026
08-2026: 7.6%▲ +81.7% vs 07-2026
09-2026: 7.9%▲ +4.3% vs 08-2026
10-2026: 10.8%▲ +36.3% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 148 days late; 2 of the last 3 late raises the probability
- Figures for FY 2024 (filed 29-12-2025) raises the probability
- Liquidity: current ratio 1.16, cash €2,744 raises the probability
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.33 in 2023; short-term debt: 85.9% and cash: 1.5% of total assets), and 85.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 30%, liquidity 6%, profitability 13%, growth against the median 13%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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 26-12-2025, 148 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
84 d late
2022
6 d early
2021
12 d late
2020
44 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 56 days after 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)
- Resignation: ASFOUR Hosam (manager)Appointment: AL ABED Zelal (director)…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€23,321
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 14
- Since
- 2016
- 15-07-2026Resignation: ASFOUR Hosam (manager)
- 26-12-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 18-12-2013
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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