Equity
GIK paid out €47,000 in dividends. That is 334% of the 2025 profit.
In July 2024, 6,049 companies had the same profile as GIK has now. Each dot stands for 16 companies, two years later.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| 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.
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.
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.
Higher than 80% of 35,156 companies in 2025.
Higher than 79% of 34,529 companies in 2025.
Higher than 36% of 34,730 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
487,919 | 580,276 | 493,616 | 502,267 | 334,332 | 321,847 | 265,195 | 306,270 | 178,842 | |
21/28 |
159,371 | 175,805 | 193,613 | 207,028 | 226,079 | 244,870 | 177,294 | 174,758 | 87,678 | |
22/27 |
159,371 | 175,805 | 193,613 | 207,028 | 226,079 | 244,870 | 177,294 | 174,758 | 87,448 | |
22 |
159,371 | 171,734 | 184,096 | 192,066 | 205,671 | 219,017 | 176,659 | 171,034 | 80,634 | |
23 |
- | 471 | 1,101 | 1,731 | 2,361 | 2,991 | 635 | 3,725 | 6,815 | |
24 |
- | 3,600 | 8,415 | 13,231 | 18,047 | 22,862 | - | - | - | |
28 |
- | - | - | - | - | - | - | - | 230 | |
29/58 |
328,547 | 404,471 | 300,003 | 295,239 | 108,253 | 76,977 | 87,901 | 131,511 | 91,164 | |
3 |
278,671 | 205,514 | 170,500 | 170,500 | - | - | - | - | - | |
30/36 |
278,671 | 205,514 | 170,500 | 170,500 | - | - | - | - | - | |
40/41 |
33,920 | 112,832 | 95,479 | 71,094 | 88,069 | 63,461 | 69,747 | 94,894 | 73,316 | |
40 |
6,532 | 39,986 | 35,411 | 7,415 | 31,919 | 8,152 | 8,861 | 5,334 | 20,118 | |
41 |
27,388 | 72,846 | 60,068 | 63,679 | 56,150 | 55,309 | 60,885 | 89,560 | 53,198 | |
54/58 |
14,827 | 84,499 | 34,024 | 44,645 | 19,822 | 13,166 | 17,724 | 35,446 | 17,653 | |
490/1 |
1,129 | 1,626 | - | 9,000 | 361 | 349 | 430 | 1,171 | 195 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
487,919 | 580,276 | 493,616 | 502,267 | 334,332 | 321,847 | 265,195 | 306,270 | 178,842 | |
10/15 |
366,008 | 398,950 | 363,746 | 247,762 | 234,633 | 167,519 | 109,515 | 82,042 | 27,650 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
14 |
351,748 | 384,690 | 349,486 | 233,502 | 220,373 | 153,259 | 95,255 | 67,782 | 13,390 | |
17/49 |
121,911 | 181,327 | 129,870 | 254,505 | 99,699 | 154,328 | 155,680 | 224,228 | 151,193 | |
17 |
34,858 | - | - | 155,000 | - | 95,000 | 95,000 | 137,990 | 84,640 | |
170/4 |
34,858 | - | - | 155,000 | - | 95,000 | 95,000 | 137,990 | 84,640 | |
42/48 |
84,653 | 178,927 | 127,470 | 69,385 | 97,299 | 57,428 | 56,215 | 86,238 | 64,903 | |
44 |
81,183 | 100,069 | 50,613 | 6,017 | 18,391 | 6,606 | 5,917 | 5,388 | 23,091 | |
440/4 |
81,183 | 100,069 | 50,613 | 6,017 | 18,391 | 6,606 | 5,917 | 5,388 | 23,091 | |
45 |
- | 42,560 | 42,560 | 29,071 | 44,928 | 27,422 | 16,298 | 21,757 | 7,812 | |
450/3 |
- | 42,560 | 42,560 | 29,071 | 44,928 | 27,422 | 16,298 | 21,757 | 7,812 | |
47/48 |
3,470 | 36,298 | 34,298 | 34,298 | 33,980 | 23,400 | 34,000 | 59,093 | 34,000 | |
492/3 |
2,400 | 2,400 | 2,400 | 30,120 | 2,400 | 1,900 | 4,465 | - | 1,650 | |
| Income statement | ||||||||||
9900 |
41,980 | 65,878 | 183,493 | 40,763 | 111,652 | 93,657 | 53,644 | 92,769 | 53,968 | |
62 |
- | - | - | - | - | - | - | - | 793 | |
630 |
16,433 | 17,808 | 18,739 | 19,051 | 19,051 | 13,175 | 11,701 | 19,915 | 21,502 | |
640/8 |
4,639 | 2,838 | 3,539 | 4,174 | 2,303 | 1,928 | 7,097 | 513 | 8,755 | |
9901 |
20,907 | 45,233 | 161,215 | 17,539 | 90,299 | 78,555 | 34,846 | 72,341 | 22,919 | |
75/76B |
96 | 2,852 | 3,087 | 2,928 | 2,498 | 3,455 | 2,656 | 1,763 | 605 | |
75 |
96 | 2,852 | 3,087 | 2,928 | 2,498 | 3,455 | 2,656 | 1,763 | 605 | |
65/66B |
2,258 | 1,145 | 4,827 | 2,558 | 1,293 | 3,171 | 2,698 | 5,791 | 943 | |
65 |
2,258 | 1,145 | 4,827 | 2,558 | 1,293 | 3,171 | 2,698 | 5,791 | 943 | |
9903 |
18,745 | 46,939 | 159,475 | 17,908 | 91,504 | 78,838 | 34,804 | 68,314 | 22,581 | |
67/77 |
4,686 | 11,735 | 43,491 | 4,779 | 24,390 | 20,834 | 7,331 | 13,922 | 7,331 | |
9904 |
14,058 | 35,204 | 115,983 | 13,129 | 67,114 | 58,004 | 27,473 | 54,392 | 15,250 | |
9905 |
14,058 | 35,204 | 115,983 | 13,129 | 67,114 | 58,004 | 27,473 | 54,392 | 15,250 | |
| Appropriation of the result | ||||||||||
9906 |
398,748 | 384,690 | 349,486 | 233,502 | 220,373 | 153,259 | 95,255 | 67,782 | 15,250 | |
14P |
384,690 | 349,486 | 233,502 | 220,373 | 153,259 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
694/7 |
47,000 | - | - | - | - | - | - | - | - | |
694 |
47,000 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||
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.
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 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00516485 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00490269 | |
| 31-12-2022 | micro format | 30-09-2023 | 2023-00466809 | |
| 31-12-2021 | micro format | 14-10-2022 | 2022-20468447 | |
| 31-12-2020 | micro format | 30-09-2021 | 2021-70600202 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-50700296 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-68600020 | |
| 31-12-2017 | abbreviated format | 05-04-2019 | 2019-09500154 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 37,341 | 63,040 | 179,954 | 36,590 | 109,350 | 91,729 | 46,547 | 92,256 | 44,421 | ||
| 30,492 | 53,012 | 134,723 | 32,180 | 86,165 | 71,179 | 39,174 | 74,307 | 36,751 | ||
| 0 | 0 | 5,324 | 0 | 260 | 80,751 | 14,236 | 107,225 | 109,180 | ||
| -69,672 | 50,476 | -10,621 | 24,823 | 6,656 | -4,558 | -17,722 | 17,793 | - | ||
| 243,895 | 225,545 | 172,533 | 225,854 | 10,954 | 19,549 | 31,686 | 45,273 | 26,261 | ||
| 75.0% | 68.8% | 73.7% | 49.3% | 70.2% | 52.0% | 41.3% | 26.8% | 15.5% | ||
| 3.88 | 2.26 | 2.35 | 4.26 | 1.11 | 1.34 | 1.56 | 1.52 | 1.40 | ||
| 0.59 | 1.11 | 1.02 | 1.80 | 1.11 | 1.34 | 1.56 | 1.52 | 1.40 | ||
| 0.33 | 0.45 | 0.36 | 1.03 | 0.42 | 0.92 | 1.42 | 2.73 | 5.47 | ||
| 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% | ||
| 16.53 | 55.04 | 37.28 | 14.30 | 84.58 | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 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)
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.
GIK has no parent and no holdings in its annual accounts. is the only director. GIK shares no director with another company.
| DEPUYDT KURT
registered office since 23-01-1998 · founded in 1997 |
total assets €766,802 (2025) 0461.568.164 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Lieven Bauwensstraat 28 registered office 8200 Bruges | 11-08-2016 | 2.258.147.132 |
| 26-10-2023 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 22-08-2023 · project 2022143992 | Torhout |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31424B0554/00C000 | 2,119 m² | 1 · 123 m² | 6.2 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0660.820.913
If something looks wrong or is missing, please tell us.