Equity
€366,008 ▼ 8.3%
GIK paid out €47,000 in dividends. That is 334% of the 2025 profit.
GIK
Lifetime
9 annual accounts with figures on one time axispeak €183,493 (2023)
€41,980▼ 36.3%
peak €115,983 (2023)
€14,058▼ 60.1%
peak €398,950 (2024)
€366,008▼ 8.3%
€121,911▼ 32.8%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €65,878 to €41,980Result from €35,204 to €14,058Dividend €47,000Debts from €181,327 to €121,911Cash from €84,499 to €14,827
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as GIK has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for GIK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved within Bruges
New registered office: Lieven Bauwensstraat 28, 8200 Brugge · Previous registered office: Lieven Bauwensstraat 20, 8200 Brugge · Registered office clause: Lieven Bauwensstraat 20, 8200 Brugge · General meeting of 15-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0660820913
Change of role: , from manager to director
holds all the shares · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Torhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GIK Bruges | €487,919 | €41,980 | 75.0% | - |
| Dakwerken De Blick Kalmthout | €430,616 | €40,754 | 45.3% | - |
| Dakwerken Bouckaert Zedelgem | €554,492 | €50,483 | 8.2% | - |
| Toiture FALCONI La Louvière | €393,471 | €37,816 | 55.1% | - |
| GLOBAL TOITURE Sambreville | €520,620 | €58,437 | 10.7% | - |
| TOITURE MAG Hannut | €392,454 | €37,335 | 23.3% | - |
| DRT-Dakwerken Wichelen | €372,156 | €37,202 | 68.3% | - |
These companies have the same main activity as GIK: roofing work (NACE 43410). They are comparable in size and age: total assets between €372,000 and €554,000, founded between 2014 and 2017.
Official details
Source: KBO- Status
- Active since 09-08-2016Normal situation
- Activity
- Roofing workNACE 43410
- Establishment unit
- 2.258.147.1328200 Bruges, since 11-08-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 02-09-2025
Insights on GIK
GIK files the micro format. That format states no turnover. The gross margin fell from €53,968 in 2017 to €41,980 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GIK
- What is the company number of GIK?
- The company number of GIK is 0660.820.913. The VAT number is the same number with BE in front: BE 0660.820.913.
- Where is GIK based?
- The registered office is at Lieven Bauwensstraat 28, 8200 Bruges.Company details
- What does GIK do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of GIK?
- GIK is a private limited company (BV).
- When was GIK founded?
- GIK was founded on 09-08-2016.
- Is GIK still active?
- Yes, GIK is an active enterprise in the KBO register.
- What is the turnover of GIK?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €41,980 and 353 comparable companies (NACE 43). It probably lies between €170,000 and €450,000.Financials
- Is GIK profitable?
- In financial year 2025, GIK made a profit of €14,058.
- Where can I find the annual accounts of GIK?
- GIK filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GIK due?
- GIK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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