GIJMACON
ActiveSummary
GIJMACON has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €134,975. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65=
Solvency89▲+7
Growth63▼-4
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.66 in 2024; short-term debt: 24.7% and cash: 21.8% of total assets), and 35.9% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 2025Solvency, return and age of the figures
Solvency
64.1%
Return on assets
3.4%
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
5 d late
2023
58 d early
2022
47 d early
2021
40 d early
2020
41 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed 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 14 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#5 employer in Oudsbergen, Manufacturing sector#9 oldest company in Oudsbergen, Manufacturing sector#10 company by equity in Oudsbergen, Manufacturing sector
Turnover
€8.2m▼ 16.4%
2024 · €9.8m
EBIT margin
2.7%▼ 0.1pp
2024 · 2.8%
Net result
€134,975▼ 22.4%
2024 · €174,005
Working capital
€1.1m▲ 25.6%
2024 · €838,539
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€8.8m▲ 17.1%€10.8m▲ 22.0%€9.3m▼ 13.7%€9.8m▲ 5.0%€8.2m▼ 16.4%
Operating result€93,386▼ 74.7%€209,423▲ 124%€460,885▲ 120%€274,652▼ 40.4%€222,805▼ 18.9%
Net result€86,592within the sector's middle half▼ 69.6%€154,218within the sector's middle half▲ 78.1%€313,573within the sector's middle half▲ 103%€174,005within the sector's middle half▼ 44.5%€134,975within the sector's middle half▼ 22.4%
EBIT margin1.1%▼ 3.8pp1.9%▲ 0.9pp5.0%▲ 3.0pp2.8%▼ 2.1pp2.7%▼ 0.1pp
Equity€1.8mwithin the sector's middle half▲ 5.1%€2.0mwithin the sector's middle half▲ 8.6%€2.2mwithin the sector's middle half▲ 12.8%€2.4mwithin the sector's middle half▲ 7.9%€2.5mwithin the sector's middle half▲ 5.7%
Total assets€4.0mwithin the sector's middle half▲ 26.5%€4.3mwithin the sector's middle half▲ 7.3%€4.3mwithin the sector's middle half▼ 0.2%€4.1mwithin the sector's middle half▼ 4.5%€3.9mwithin the sector's middle half▼ 5.2%
Debt€2.2m▲ 51.7%€2.4m▲ 6.4%€2.1m▼ 10.8%€1.8m▼ 17.3%€1.4m▼ 19.9%
Working capital€687,472within the sector's middle half▼ 35.6%€822,444within the sector's middle half▲ 19.6%€1.1mwithin the sector's middle half▲ 28.4%€838,539within the sector's middle half▼ 20.6%€1.1mwithin the sector's middle half▲ 25.6%
Solvency44.5%within the sector's middle half▼ 9.1pp45.0%within the sector's middle half▲ 0.5pp50.9%within the sector's middle half▲ 5.9pp57.5%within the sector's middle half▲ 6.6pp64.1%within the sector's middle half▲ 6.6pp
Current ratio1.52within the sector's middle half▼ 0.541.48within the sector's middle half▼ 0.031.67within the sector's middle half▲ 0.191.66within the sector's middle half▼ 0.012.09within the sector's middle half▲ 0.43
Return on assets (ROA)2.1%within the sector's middle half▼ 6.8pp3.6%within the sector's middle half▲ 1.4pp7.2%within the sector's middle half▲ 3.7pp4.2%within the sector's middle half▼ 3.0pp3.4%within the sector's middle half▼ 0.8pp
Staff (FTE)38.2within the sector's middle half▲ 6.4%40.9within the sector's middle half▲ 7.1%38.6within the sector's middle half▼ 5.6%38.6within the sector's middle half=37.4within the sector's middle half▼ 3.1%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.9m
Fixed assets
€1.9m ▼ 6.4%
Current assets
€2.0m ▼ 4.0%
Equity and liabilities €3.9m
Equity
€2.5m ▲ 5.7%
Provisions
€3,270 ▼ 31.4%
Debt
€1.4m ▼ 19.9%
Debt's share of the balance-sheet total falls from 42.4% to 35.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€601,835▼
2024 · €625,297
Cash flow
€514,005▼
2024 · €524,650
Quick ratio
1.63▲
2024 · 1.31
Debt to equity
0.56▼
2024 · 0.74
ROE
5.4%▼
2024 · 7.3%
Interest coverage
41.31▲
2024 · 37.53
Debt ≤ 1 year
€969,151▼
2024 · €1.3m
Debt > 1 year
€355,160▼
2024 · €413,304
Income taxes
€82,649▲
2024 · €76,164
Staff costs
€2.3m▲
2024 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 14,732 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €9.2m | €11.2m | €9.7m | €10.3m | €8.7m | ▼ 14.9% |
| Turnover70 | €8.8m | €10.8m | €9.3m | €9.8m | €8.2m | ▼ 16.4% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | €7,700 | -€7,700 | €57,900 | ▲ 852% |
| Other operating income74 | €317,746 | €371,168 | €397,900 | €489,424 | €505,522 | ▲ 3.3% |
| Non-recurring operating income76A | €35,000 | €35,000 | €30,853 | €10,000 | €800 | ▼ 92.0% |
| Operating charges60/66A | €9.1m | €11.0m | €9.3m | €10.0m | €8.5m | ▼ 14.8% |
| Goods for resale, raw materials and consumables60 | €6.2m | €7.7m | €5.9m | €6.3m | €4.8m | ▼ 23.6% |
| Purchases600/8 | €6.5m | €7.6m | €5.8m | €6.4m | €4.8m | ▼ 24.8% |
| Change in stocks: decrease (increase)609 | -€308,268 | €120,346 | €117,900 | -€28,379 | €56,181 | ▲ 298% |
| Services and other goods61 | €735,406 | €775,971 | €873,450 | €1.0m | €996,391 | ▼ 3.1% |
| Remuneration, social security and pensions62 | €2.0m | €2.2m | €2.2m | €2.2m | €2.3m | ▲ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €167,644 | €282,581 | €288,628 | €350,645 | €379,030 | ▲ 8.1% |
| Other operating charges640/8 | €31,368 | €32,203 | €34,619 | €41,056 | €39,306 | ▼ 4.3% |
| Operating profit (loss)9901 | €93,386 | €209,423 | €460,885 | €274,652 | €222,805 | ▼ 18.9% |
| Financial income75/76B | €52,588 | €47,538 | €6,923 | €527 | €11,899 | ▲ 2,158% |
| Recurring financial income75 | €52,588 | €47,538 | €6,923 | €527 | €11,899 | ▲ 2,158% |
| Income from current assets751 | - | - | - | €185 | - | - |
| Other financial income752/9 | €52,588 | €47,538 | €6,923 | €342 | €11,899 | ▲ 3,379% |
| Financial charges65/66B | €19,641 | €29,782 | €28,942 | €25,010 | €18,580 | ▼ 25.7% |
| Recurring financial charges65 | €19,641 | €29,782 | €28,942 | €25,010 | €18,580 | ▼ 25.7% |
| Debt charges650 | €15,206 | €23,063 | €13,765 | €16,662 | €14,569 | ▼ 12.6% |
| Other financial charges652/9 | €4,435 | €6,719 | €15,177 | €8,348 | €4,011 | ▼ 52.0% |
| Profit (loss) for the period before taxes9903 | €126,333 | €227,179 | €438,866 | €250,169 | €216,124 | ▼ 13.6% |
| Transfer from deferred taxes780 | €1,500 | €1,500 | €1,500 | - | €1,500 | - |
| Income taxes67/77 | €41,241 | €74,461 | €126,793 | €76,164 | €82,649 | ▲ 8.5% |
| Taxes670/3 | €41,688 | €74,461 | €126,793 | €78,570 | €84,266 | ▲ 7.2% |
| Tax adjustments and reversals of tax provisions77 | €447 | - | - | €2,406 | €1,617 | ▼ 32.8% |
| Profit (loss) for the period9904 | €86,592 | €154,218 | €313,573 | €174,005 | €134,975 | ▼ 22.4% |
| Transfer from tax-exempt reserves789 | €4,500 | €4,500 | €4,500 | - | €4,500 | - |
| Profit (loss) for the period to be appropriated9905 | €91,092 | €158,718 | €318,073 | €174,005 | €139,475 | ▼ 19.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €4.3m | €4.3m | €4.1m | €3.9m | ▼ 5.2% |
| Fixed assets21/28 | €2.0m | €1.8m | €1.7m | €2.0m | €1.9m | ▼ 6.4% |
| Intangible fixed assets21 | - | - | - | €83,871 | €74,964 | ▼ 10.6% |
| Tangible fixed assets22/27 | €2.0m | €1.8m | €1.7m | €1.9m | €1.8m | ▼ 6.2% |
| Land and buildings22 | €995,135 | €951,908 | €868,579 | €909,904 | €797,151 | ▼ 12.4% |
| Plant, machinery and equipment23 | €794,020 | €680,043 | €548,631 | €991,547 | €837,924 | ▼ 15.5% |
| Furniture and vehicles24 | €31,445 | €22,676 | €11,876 | €5,599 | €1,591 | ▼ 71.6% |
| Leasing and similar rights25 | €203,240 | €159,889 | €147,248 | €9,129 | - | - |
| Assets under construction and advance payments27 | - | €5,723 | €131,407 | €31,249 | €189,474 | ▲ 506% |
| Current assets29/58 | €2.0m | €2.5m | €2.6m | €2.1m | €2.0m | ▼ 4.0% |
| Stocks and contracts in progress3 | €652,630 | €532,284 | €422,084 | €442,763 | €444,482 | ▲ 0.4% |
| Stocks30/36 | €652,630 | €532,284 | €414,384 | €442,763 | €386,582 | ▼ 12.7% |
| Raw materials and consumables30/31 | €652,630 | €532,284 | €414,384 | €442,763 | €386,582 | ▼ 12.7% |
| Contracts in progress37 | - | - | €7,700 | - | €57,900 | - |
| Amounts receivable within one year40/41 | €1.2m | €1.4m | €348,827 | €1.5m | €715,643 | ▼ 50.7% |
| Trade receivables40 | €227,347 | €208,144 | €348,827 | €1.5m | €701,594 | ▼ 51.7% |
| Other amounts receivable41 | €927,385 | €1.2m | - | - | €14,049 | - |
| Cash at bank and in hand54/58 | €210,877 | €615,449 | €1.8m | €128,173 | €856,132 | ▲ 568% |
| Deferred charges and accrued income490/1 | €3,747 | €3,204 | €75,737 | €85,312 | €6,352 | ▼ 92.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €4.3m | €4.3m | €4.1m | €3.9m | ▼ 5.2% |
| Equity10/15 | €1.8m | €2.0m | €2.2m | €2.4m | €2.5m | ▲ 5.7% |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Capital10 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Issued capital100 | €200,000 | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €1.6m | €1.8m | €2.0m | €2.2m | €2.3m | ▲ 6.2% |
| Non-distributable reserves130/1 | €81,121 | €81,121 | €81,121 | €81,121 | €81,121 | = |
| Legal reserve130 | €81,121 | €81,121 | €81,121 | €81,121 | €81,121 | = |
| Tax-exempt reserves132 | €178,615 | €174,115 | €169,615 | €169,615 | €165,115 | ▼ 2.7% |
| Distributable reserves133 | €1.3m | €1.5m | €1.8m | €1.9m | €2.1m | ▲ 7.2% |
| Provisions and deferred taxes16 | €7,770 | €6,270 | €4,770 | €4,770 | €3,270 | ▼ 31.4% |
| Deferred taxes168 | €7,770 | €6,270 | €4,770 | €4,770 | €3,270 | ▼ 31.4% |
| Amounts payable17/49 | €2.2m | €2.4m | €2.1m | €1.8m | €1.4m | ▼ 19.9% |
| Amounts payable after more than one year17 | €881,235 | €675,828 | €538,151 | €413,304 | €355,160 | ▼ 14.1% |
| Financial debts170/4 | €881,235 | €675,828 | €538,151 | €413,304 | €355,160 | ▼ 14.1% |
| Leasing and similar obligations172 | €119,721 | €64,922 | €25,535 | - | - | - |
| Credit institutions173 | €761,514 | €610,906 | €512,616 | €413,304 | €355,160 | ▼ 14.1% |
| Amounts payable within one year42/48 | €1.3m | €1.7m | €1.6m | €1.3m | €969,151 | ▼ 23.6% |
| Current portion of amounts payable after more than one year42 | €216,160 | €200,977 | €137,164 | €124,848 | €110,230 | ▼ 11.7% |
| Trade debts44 | €760,193 | €1.0m | €988,198 | €773,379 | €479,339 | ▼ 38.0% |
| Suppliers440/4 | €760,193 | €1.0m | €988,198 | €773,379 | €479,339 | ▼ 38.0% |
| Taxes, remuneration and social security45 | €358,161 | €467,118 | €443,269 | €370,794 | €308,090 | ▼ 16.9% |
| Taxes450/3 | €79,484 | €135,797 | €69,332 | €173,275 | €157,073 | ▼ 9.4% |
| Remuneration and social security454/9 | €278,677 | €331,321 | €373,937 | €197,519 | €151,017 | ▼ 23.5% |
| Other amounts payable47/48 | - | €8,759 | - | - | €71,492 | - |
| Accrued charges and deferred income492/3 | €21,790 | €5,850 | €15,500 | €72,340 | €81,733 | ▲ 13.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €86,592 | €154,218 | €313,573 | €174,005 | €134,975 | ▼ 22.4% |
| + Depreciation and write-downs630 | €167,644 | €282,581 | €288,628 | €350,645 | €379,030 | ▲ 8.1% |
| Operating cash flow (approximation) | €254,236 | €436,799 | €602,201 | €524,650 | €514,005 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | -€78,980 | -€176,130 | -€674,203 | -€248,835 | ▲ 63.1% |
| Change in cash | - | €404,572 | €1.2m | -€1.6m | €727,959 | ▲ 144% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 5 days late
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €313,573 ▲103%
Operating result €460,885, net result €313,573, both a record.
31-12
Financial
Equity above €2mEq €2.2m ▲12.8%
6 profitable years in a row build equity to €2.2m.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €86,592 ▼69.6%
Net result drops to €86,592, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Oudsbergen · 1 establishment unit since 1988
Ground area
4,508 m²
Building footprint
1,354 m²
Volume, LiDAR
14,519 m³
Parcel 71562B0912/00M003, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
GIJMACON NV
since 19882.036.256.563
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0912/00M003 | Flanders | 4,508 m² | 1 · 1,354 m² | 13.8 m · 4 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.
Structure & network
Part of the group
GIJBELS GROUP
12 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- GIJBELS GROUP
- GIJBELS CONSTRUCT
- GIJMACON
Highest known parent: GIJBELS GROUP. The sources do not say who stands above it.
Owners 1
-
99.99%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of GIJMACON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 9,268 EUR awarded · 9,268 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,796 EUR | 5,796 EUR |
| 2023 | 1 | 852 EUR | 852 EUR |
| 2022 | 1 | 2,620 EUR | 2,620 EUR |
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Of 3,982 companies in sector 25110 we hold annual accounts for 2,144. 960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43120Site preparation
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433575746
Also
9925:BE0433575746
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.