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GIK

Active Private limited companyfounded 2016active for 10 yearsLieven Bauwensstraat 28, 8200 BrugesKBO/BCE: BE 0660.820.913

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €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 accounts

Equity

€366,008 ▼ 8.3%
398,9502024+14,058Profit-47,000Dividend366,0082025

GIK paid out €47,000 in dividends. That is 334% of the 2025 profit.

Liquidity

3.88 was 2.26 in 2024

Short-term debts fell from €178,927 to €84,653.

Filings

9 annual accounts 61 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Checked 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
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
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.

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

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director
  • all the sharesdeed of 27-05-2024
Board & ownership

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
All 22 events

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
Company details

Annual accounts 2025

€41,980▼ 36.3%
≈ €260,000estimated
€14,058▼ 60.1%
€366,008▼ 8.3%
€487,919▼ 15.9%
Filing
Filed on 30-09-2026
Financials

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.

Financials

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

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--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

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.

Board & ownership

Board

1 director, no change since 2024
Director (not named in the articles)
appointed by deed of 27-05-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 30-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Externe vertegenwoordigingsbevoegdheid van het bestuursorgaan Iedere bestuurder vertegenwoordigt afzonderlijk de vennootschap jegens derden…”
deed of 27-05-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarlier
Mandates as a list
    • Manager (not named in the articles), appointed by deed of 11-08-2016, until 27-05-2024
    • Director (not named in the articles), appointed by deed of 27-05-2024, still in office

See the board, name and registered office on a given date →

Control

Shareholder
This company
GIK
Equity €366,008
Profit €14,058 in 2025

Capital

Contribution
€12,400
Source
2025 annual accounts

Articles of association

deed of 27-05-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, bij openvallende plaats voor einde mandaat in collegiaal orgaan hebben overblijvende bestuurders recht nieuwe bestuurder te…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 18:00

Shareholders

Stated in the deed deed of 27-05-2024 ↗
  • all shares

Network & group

No group

GIK has no parent and no holdings in its annual accounts. is the only director. GIK shares no director with another company.

At the same address

Lieven Bauwensstraat 28, 8200 Bruges · 1 other company
DEPUYDT KURT
registered office since 23-01-1998 · founded in 1997
total assets €766,802 (2025)
0461.568.164

Timeline

Timeline

22 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
Registered office moved within BrugesNew 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 15-06-20263 points ▸
  • Registered office clause, Lieven Bauwensstraat 20, 8200 Brugge
  • General meeting, 15-06-2026
  • Registered-office move, Lieven Bauwensstraat 28, 8200 Brugge

Open the deed in the Belgian Official Gazette

2025
Annual accounts 2024 filed PDFmicro format · 61 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0660820913
2024
Annual accounts 2023 filed PDFmicro format · 61 days late
Change of role: , from manager to director holds all the shares7 points ▸
  • 744 shares
  • Director resignation, (manager (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Power of attorney,
  • Power of attorney,
  • holds all the shares
  • Registered office clause, Lieven Bauwensstraat 20, 8200 Brugge (Sint-Andries)
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2023
Highest result from 2017 to 2025 net €115,983 ▲783% The operating result of €161,215 and the net result of €115,983 are both a record.
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Torhout
Annual accounts 2022 filed PDFmicro format · 61 days late
2022
Weakest financial year net €13,129 ▼80.4% The net result drops to €13,129, the lowest from 2017 to 2025. It recovers the following year.
Liquidity more than triples current ratio 4.26 The current ratio rises from 1.11 to 4.26. Short-term debt falls from €97,299 to €69,385.
Annual accounts 2021 filed PDFmicro format · 75 days late
2021
Equity above €200,000 equity €234,633 ▲40.1% With a profit in every financial year since 2017, equity grows to €234,633.
Annual accounts 2020 filed PDFmicro format · 61 days late
2020
Equity above €150,000 equity €167,519 ▲53% With a profit in every financial year since 2017, equity grows to €167,519.
Annual accounts 2019 filed PDFmicro format · 31 days late
2019
Equity above €100,000 equity €109,515 ▲33.5% With a profit in every financial year since 2017, equity grows to €109,515.
Registered office moved within BrugesNew registered office: Lieven Bauwensstraat 20 te 8000 Brugge · Previous registered office: Damse Steenweg 64 te 8380 Brugge 5 · General meeting of 07-10-20192 points ▸
  • General meeting, 07-10-2019
  • Registered-office move, Lieven Bauwensstraat 20 te 8000 Brugge

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 61 days late
Annual accounts 2017 filed PDFabbreviated format · 248 days late
2016
First establishment Lieven Bauwensstraat 28, Bruges
IncorporationFounding capital of €18,600, 744 shares · Appointment: (manager) · published on 11-08-20162 points ▸
  • Founding capital, €18,600, 744 shares
  • Director appointment, (manager (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

GIK was incorporated on 9 August 2016.1 The registered office was moved to Bruges in 2019.2 is director of the company, appointed by deed of 27-05-2024.3 Total assets rose from €306,270 in 2018 to €487,919 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-10-2019
  3. 3Belgian Official Gazette, 27-05-2024
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0660.820.913
VAT number
BE 0660.820.913
Peppol ID
0208:0660820913
Other Peppol ID
9925:BE0660820913
Legal form
Private limited company
Status
Active, normal situation
Founded
09-08-2016
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 18:00
deed of 27-05-2024 (in Dutch)
Peppol
Reachable since 02-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
GIK in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-05-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 27-05-2024 (in Dutch)

Activities

NACEBEL 2025
43410 Roofing work main activity
Codes under NACEBEL 2008
43910 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Aannemingsbedrijf van zinkwerken,metalen en niet-metalen dakbedekkingen van gebouwen en roofingwerken; Aannemingsbedrijf voor sanitaire…”
26 activities
  1. Aannemingsbedrijf van zinkwerken,metalen en niet-metalen dakbedekkingen van gebouwen en roofingwerken;
  2. Aannemingsbedrijf voor sanitaire werken;
  3. Aannemingsbedrijf voor loodgieterswerken;
  4. Aannemingsbedrijf voor voegwerken;
  5. Aannemingsbedrijf voor graafwerken;
  6. Aannemingsbedrijf voor gehele en/of gedeeltelijke bouw van nieuw te bouwen onroerende goederen,alsmede de uitvoering van verbouwingswerken aan bestaande onroerende goederen,zowel in de sector van private woningbouw als voor utiliteitsbouw;
  7. Aannemingsbedrijf voor timmer-en schrijnwerken;
  8. Aannemingsbedrijf voor het leggen van vloeren en tegelzetterij;
  9. Aannemingsbedrijf voor elektrische installaties;
  10. Aannemingsbedrijf voor metaalconstructies en aanverwanten,laswerken en metaalverwerking;
  11. Levering en verkoop van bouwmaterialen aan derden,zowel aan particulieren als aan handelaars;
  12. Levering,installatie en verkoop van sanitaire benodigdheden aan particulieren en aan handelaars;
  13. Levering,installatie,verkoop en verhuur van luchtverversingsinstallaties,airconditioningssystemen en aanverwante uitrustingen aan particulieren en aan handelaars;
  14. Levering,installatie,verkoop en verhuur van gasinstallaties en gasboilers zowel aan particulieren en aan handelaars;
  15. Verkoop en verhuur van materieel,machines en outillering aan particulieren en aan handelaars;
  16. Beleggen in onroerend goed;
  17. Management en consultancy;
  18. Het besturen en leiden van vennootschappen,ondernemingen en verenigingen,met eender welk voorwerp,en de onderafdelingen daarvan,welke ook de betiteling daarvan is;
  19. Het geven van adviezen,het opmaken van studies,het voorbereiden en opstarten van organisatiesystemen,het in toepassing brengen van systemen voor gegevensverwerkingen,alle technieken in verband met het technisch,administratief,economisch,sociaal en algemeen beheer van ondernemingen van industriële of dienstverlenende aard;
  20. Het verzorgen van alle mogelijke administratieve en secretariaatsdiensten in de meest ruime zin,het verstrekken van documentatie;
  21. Het verstrekken en de begeleiding van(beroeps)opleidingen,onderwijs,(her)scholing en dit zowel op permanente als op occasionele wijze,zowel volgens de traditionele onderwijsmethodes,als schriftelijk of audiovisueel;
  22. Borg stellen;
  23. Het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden van welke vorm ook,van Belgische of buitenlandse bestaande of nog op te richten vennootschappen;
  24. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm.In dit kader kan zij ook borg stellen of aval verlenen,in de meest ruime zin,alle handelsfinanciële operaties verrichten,behalve die welke wettelijk voorbehouden zijn aan de depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
  25. De vennootschap kan investeren in activa met het oog op het bezoldigen in natura van de bestuurder(s)en/of personeelsleden;
  26. Alle onroerende en hiermee betrekking hebbende roerende verrichtingen te doen,zowel in België als in het buitenland,namelijk het verwerven,oordeelkundig uitbreiden,ruilen,vervreemden,beheren,huren,verhuren,onderverhuren,laten bouwen en verbouwen,in optie geven of nemen,de promotie en het makelen,het in waarde brengen van alle eigendommen en gronden inclusief de onroerende leasing,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan.
deed of 27-05-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Lieven Bauwensstraat 28 registered office 8200 Bruges 11-08-2016 2.258.147.132
1 former office
  • Damse Steenweg 64, 8380 Brugge until 07-10-2019 · deed of 22-10-2019

Buildings and parcels at the address

Ground area
2,119 m²
Buildings
123 m²
Volume, LiDAR
580 m³
Tallest building
6.2 m
Buildings to scale, each on its own parcel
123 m², 6.2 m 123 m², 6.2 m

Environmental permits

1 application in Flanders since 2023 · 1 granted
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.

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
31424B0554/00C0002,119 m² 1 · 123 m² 6.2 m · 1

Invoicing and payment

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