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GIIS

Active
Private limited companyfounded 20251 yr activeVlikkenbergstraat 27, 3665 As, BelgiumKBO/BCE: BE 1023.559.242
Summary

GIIS has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,446 and a net result of €24,446. Its solvency ranks better than 42% of 1333 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.53; short-term debt: 61.8% of total assets), but 61.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
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
38.2%
Return on assets
30.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

GIIS was incorporated on 21 May 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€30,446
Total assets
€79,647
Net result
€24,446
Working capital
€26,305

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €79,647
Fixed assets €4,141
Current assets €75,506
Equity and liabilities €79,647
Equity €30,446
Debt €49,201
Debt finances 61.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,762
Cash flow
€25,193
Current ratio
1.53
Debt to equity
1.62
ROE
80.3%
ROA
30.7%
Interest coverage
134.02
Debt ≤ 1 year
€49,201
Income taxes
€6,333

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 11,280 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€79,647
Fixed assets21/28€4,141
Tangible fixed assets22/27€4,141
Plant, machinery and equipment23€4,141
Current assets29/58€75,506
Amounts receivable within one year40/41€75,506
Trade receivables40€74,992
Other amounts receivable41€515
Equity and liabilities
Total equity and liabilities10/49€79,647
Equity10/15€30,446
Contributions10/11€6,000
Reserves13€24,446
Distributable reserves133€24,446
Amounts payable17/49€49,201
Amounts payable within one year42/48€49,201
Financial debts43€2,825
Credit institutions430/8€2,825
Trade debts44€23,307
Suppliers440/4€23,307
Taxes, remuneration and social security45€9,333
Taxes450/3€9,333
Other amounts payable47/48€13,737
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€747
Other operating charges640/8€251
Gross operating margin9900€32,013
Operating profit (loss)9901€31,015
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€237
Recurring financial charges65€237
Profit (loss) for the period before taxes9903€30,779
Income taxes67/77€6,333
Profit (loss) for the period9904€24,446
Profit (loss) for the period to be appropriated9905€24,446
Appropriation of the result
Profit (loss) to be appropriated9906€24,446
Transfer to equity691/2€24,446
To other reserves6921€24,446

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€747
Other operating charges640/8€251
Gross operating margin9900€32,013
Operating profit (loss)9901€31,015
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€237
Recurring financial charges65€237
Profit (loss) for the period before taxes9903€30,779
Income taxes67/77€6,333
Profit (loss) for the period9904€24,446
Profit (loss) for the period to be appropriated9905€24,446
Line2025
Assets
Total assets20/58€79,647
Fixed assets21/28€4,141
Tangible fixed assets22/27€4,141
Plant, machinery and equipment23€4,141
Current assets29/58€75,506
Amounts receivable within one year40/41€75,506
Trade receivables40€74,992
Other amounts receivable41€515
Equity and liabilities
Total equity and liabilities10/49€79,647
Equity10/15€30,446
Contributions10/11€6,000
Reserves13€24,446
Distributable reserves133€24,446
Amounts payable17/49€49,201
Amounts payable within one year42/48€49,201
Financial debts43€2,825
Credit institutions430/8€2,825
Trade debts44€23,307
Suppliers440/4€23,307
Taxes, remuneration and social security45€9,333
Taxes450/3€9,333
Other amounts payable47/48€13,737
Line2025
Profit (loss) for the period9904€24,446
+ Depreciation and write-downs630€747
Operating cash flow (approximation)€25,193

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

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Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, As · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
928 m²
Building footprint
192 m²
Volume, LiDAR
1,565 m³
Parcel 71002B0365/00B002, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GIIS
Vlikkenbergstraat 27, 3665 AsManufacture of fabricated metal products, except machinery and equipment
since 20252.373.943.158
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71002B0365/00B002 Flanders 928 m² 1 · 192 m² 12.5 m · 3 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.

Subsidies and aid

Flemish government

2025 · 1 entry · 330 EUR awarded · 330 EUR paid
Year Entries awardedpaid
2025 1 330 EUR330 EUR
Schemes
1 entry · 330 EUR · 330 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 887 companies in this sector we hold annual accounts for 442. 298 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded21-05-2025
Fiscal year end31-12
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
41003General construction of other non-residential buildings
43320Joinery installation
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023559242
Registered 14-07-2026

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

Register as of 30 September 2026 · Peppol Directory

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