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GIK

Active Private limited companyfounded 2016active for 10 yearsLieven Bauwensstraat 28, 8200 BrugesKBO/BCE: BE 0660.820.913
GIK
Financial year 2025
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Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€41,980
▼ 36.3%
€20,907
▼ 53.8%
€14,058
▼ 60.1%
€243,895
▲ 8.1%
75.0%
▲ 6.3 percentage points
3.88
▲ 1.62

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €260,000. Estimated: probably between €170,000 and €450,000.

Balance sheet

balance sheet total €487,919 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

75.0%

Higher than 80% of 35,156 companies in 2025.

3.88

Higher than 79% of 34,529 companies in 2025.

2.9%

Higher than 36% of 34,730 companies in 2025.

GIK Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 487,919580,276493,616502,267334,332321,847265,195306,270178,842
21/28 159,371175,805193,613207,028226,079244,870177,294174,75887,678
22/27 159,371175,805193,613207,028226,079244,870177,294174,75887,448
22 159,371171,734184,096192,066205,671219,017176,659171,03480,634
23 -4711,1011,7312,3612,9916353,7256,815
24 -3,6008,41513,23118,04722,862---
28 --------230
29/58 328,547404,471300,003295,239108,25376,97787,901131,51191,164
3 278,671205,514170,500170,500-----
30/36 278,671205,514170,500170,500-----
40/41 33,920112,83295,47971,09488,06963,46169,74794,89473,316
40 6,53239,98635,4117,41531,9198,1528,8615,33420,118
41 27,38872,84660,06863,67956,15055,30960,88589,56053,198
54/58 14,82784,49934,02444,64519,82213,16617,72435,44617,653
490/1 1,1291,626-9,0003613494301,171195
Balance sheet: equity and liabilities
10/49 487,919580,276493,616502,267334,332321,847265,195306,270178,842
10/15 366,008398,950363,746247,762234,633167,519109,51582,04227,650
10/11 12,40012,40012,40012,40012,40012,40012,40012,40012,400
100 ------18,60018,60018,600
101 ------6,2006,2006,200
13 1,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,8601,860---
130 ------1,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860---
14 351,748384,690349,486233,502220,373153,25995,25567,78213,390
17/49 121,911181,327129,870254,50599,699154,328155,680224,228151,193
17 34,858--155,000-95,00095,000137,99084,640
170/4 34,858--155,000-95,00095,000137,99084,640
42/48 84,653178,927127,47069,38597,29957,42856,21586,23864,903
44 81,183100,06950,6136,01718,3916,6065,9175,38823,091
440/4 81,183100,06950,6136,01718,3916,6065,9175,38823,091
45 -42,56042,56029,07144,92827,42216,29821,7577,812
450/3 -42,56042,56029,07144,92827,42216,29821,7577,812
47/48 3,47036,29834,29834,29833,98023,40034,00059,09334,000
492/3 2,4002,4002,40030,1202,4001,9004,465-1,650
Income statement
9900 41,98065,878183,49340,763111,65293,65753,64492,76953,968
62 --------793
630 16,43317,80818,73919,05119,05113,17511,70119,91521,502
640/8 4,6392,8383,5394,1742,3031,9287,0975138,755
9901 20,90745,233161,21517,53990,29978,55534,84672,34122,919
75/76B 962,8523,0872,9282,4983,4552,6561,763605
75 962,8523,0872,9282,4983,4552,6561,763605
65/66B 2,2581,1454,8272,5581,2933,1712,6985,791943
65 2,2581,1454,8272,5581,2933,1712,6985,791943
9903 18,74546,939159,47517,90891,50478,83834,80468,31422,581
67/77 4,68611,73543,4914,77924,39020,8347,33113,9227,331
9904 14,05835,204115,98313,12967,11458,00427,47354,39215,250
9905 14,05835,204115,98313,12967,11458,00427,47354,39215,250
Appropriation of the result
9906 398,748384,690349,486233,502220,373153,25995,25567,78215,250
14P 384,690349,486233,502220,373153,259----
691/2 --------1,860
6920 --------1,860
694/7 47,000--------
694 47,000--------
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The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00544300.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00544300 PDF
31-12-2024 micro format 30-09-2025 2025-00516485 PDF
31-12-2023 micro format 30-09-2024 2024-00490269 PDF
31-12-2022 micro format 30-09-2023 2023-00466809 PDF
31-12-2021 micro format 14-10-2022 2022-20468447 PDF
31-12-2020 micro format 30-09-2021 2021-70600202 PDF
31-12-2019 micro format 31-08-2020 2020-50700296 PDF
31-12-2018 micro format 30-09-2019 2019-68600020 PDF
31-12-2017 abbreviated format 05-04-2019 2019-09500154 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
37,34163,040179,95436,590109,35091,72946,54792,25644,421
30,49253,012134,72332,18086,16571,17939,17474,30736,751
005,324026080,75114,236107,225109,180
-69,67250,476-10,62124,8236,656-4,558-17,72217,793-
243,895225,545172,533225,85410,95419,54931,68645,27326,261
75.0%68.8%73.7%49.3%70.2%52.0%41.3%26.8%15.5%
3.882.262.354.261.111.341.561.521.40
0.591.111.021.801.111.341.561.521.40
0.330.450.361.030.420.921.422.735.47
3.8%8.8%31.9%5.3%28.6%34.6%25.1%66.3%55.2%
2.9%6.1%23.5%2.6%20.1%18.0%10.4%17.8%8.5%
16.5355.0437.2814.3084.58----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€5,324--
€16,433€17,808€18,739€19,051€19,051

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GIK

The operating result for 2025 is 54% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 31.2% to 25.0%. Equity and debt are lower.

Next steps

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