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GIKIMMO

Active
Private limited companyfounded 1992active for 33 yearsGoede Kinderenstraat 1F, 3890 Gingelom, BelgiumKBO/BCE: BE 0448.810.288

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488681.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 34 filings

Turnover
≈ €120,000
Estimated: probably between €74,000 and €240,000
Total assets
€1.8m▼ 6.0%
2024 · €1.9m
Net result
€30,467▲ 9.1%
2024 · €27,933
Working capital
€1.2m▼ 2.7%
2024 · €1.3m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is over 26 times that of 2024. It is a recovery after the fall in 2024.

Operating result€0.006m 2025 Net result€0.03m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.009m--€0.01m-€0.02m▼ 27.1%-€0.02m▲ 8.7%€0.05m€1.3m▲ 24×€224▼ 100.0%€0.006m▲ 26×
Net result€0.01m--€0.01m-€0.02mbelow the sector's middle half▼ 37.4%-€0.02mbelow the sector's middle half▼ 10.9%€0.05mabove the sector's middle half€0.9mabove the sector's middle half▲ 17×€0.03mwithin the sector's middle half▼ 96.9%€0.03mwithin the sector's middle half▲ 9.1%
Equity€0.6m-€0.6m▼ 1.7%€0.6mabove the sector's middle half▼ 2.4%€0.6mabove the sector's middle half▼ 2.8%€0.6mabove the sector's middle half▲ 9.2%€1.6mabove the sector's middle half▲ 141%€1.6mabove the sector's middle half▲ 1.8%€1.5mabove the sector's middle half▼ 2.6%
Total assets€0.7m-€0.7m▼ 1.6%€0.8mwithin the sector's middle half▲ 24.9%€0.8mwithin the sector's middle half▼ 3.4%€0.8mwithin the sector's middle half▲ 3.0%€1.9mabove the sector's middle half▲ 122%€1.9mabove the sector's middle half▼ 0.2%€1.8mabove the sector's middle half▼ 6.0%
Debt€0.05m-€0.05m▲ 0.6%€0.2m▲ 378%€0.2m▼ 5.2%€0.2m▼ 13.6%€0.3m▲ 59.6%€0.3m▼ 10.3%€0.2m▼ 25.6%
Working capital€0.2m-€0.1m▼ 51.2%€0.1mabove the sector's middle half▲ 33.0%€0.1mabove the sector's middle half=€0.2mabove the sector's middle half▲ 46.0%€1.2mabove the sector's middle half▲ 469%€1.3mabove the sector's middle half▲ 2.1%€1.2mabove the sector's middle half▼ 2.7%
Solvency93.0%-92.8%▼ 0.2pp72.5%above the sector's middle half▼ 20.3pp73.0%above the sector's middle half▲ 0.5pp77.4%above the sector's middle half▲ 4.3pp83.8%above the sector's middle half▲ 6.4pp85.4%above the sector's middle half▲ 1.6pp88.5%above the sector's middle half▲ 3.0pp
Current ratio5.85-3.38▼ 2.473.22above the sector's middle half▼ 0.152.99above the sector's middle half▼ 0.244.29above the sector's middle half▲ 1.317.22above the sector's middle half▲ 2.927.72above the sector's middle half▲ 0.519.89above the sector's middle half▲ 2.16
Return on assets (ROA)2.0%--1.7%▼ 3.6pp-1.8%within the sector's middle half▼ 0.2pp-2.1%below the sector's middle half▼ 0.3pp6.5%within the sector's middle half▲ 8.6pp49.0%above the sector's middle half▲ 42.5pp1.5%within the sector's middle half▼ 47.5pp1.7%within the sector's middle half▲ 0.2pp
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €384,814 ▼ 6.5%
Current assets €1.4m ▼ 5.8%
Equity and liabilities €1.8m
Equity €1.5m ▼ 2.6%
Debt €202,101 ▼ 25.6%
Debt's share of the balance-sheet total falls from 14.6% to 11.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32,776▲
2024 · €30,825
Cash flow
€57,345▼
2024 · €58,534
Debt to equity
0.13▼
2024 · 0.17
ROE
2.0%▲
2024 · 1.8%
Interest coverage
20.94▲
2024 · 17.84
Debt ≤ 1 year
€138,247▼
2024 · €187,821
Debt > 1 year
€63,833▼
2024 · €83,833
Income taxes
€4,402▲
2024 · €66
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Pledge on other assets, amount secured€200,000----
Carrying value of the other pledged assets€108,016----

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€1,445-€42,761€44,929-
Depreciation and write-downs of the year€38,508€34,917€29,155€30,601€26,879

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

Comparable companies

These companies have the same main activity as GIKIMMO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.4m and €2.4m, founded between 1987 and 1996.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
GIKIMMO Gingelom1992€1.8m€1.5m€0.05m€0.03m2025
MEYLANDT INVESTMENT Heusden-Zolder1993€1.5m€1.3m€0.04m€0.05m2025
FEMA INVEST Puurs-Sint-Amands1993€1.5m€1.0m€0.06m-€0.04m2025
LOGI Gent1996€1.6m€0.8m€0.04m-€0.05m2025
Exus Project Pepingen1987€1.9m€0.4m€0.05m-€0.02m2025
ODALA Ieper1992€1.4m-€1.0m€0.04m-€0.06m2025
BREESE IMMO MAATSCHAPPIJ Bree1991€2.4m€0.8m€0.05m€0.01m2025

They were chosen from the 5,832 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 14,766 companies had the same profile as GIKIMMO has now. Two years later, 0.2% had gone bankrupt and 96.2% were 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
96.2% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of GIKIMMO itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,445 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 14,766 companies, not a prediction for GIKIMMO. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.9m€1.8m▼
Fixed assets21/28€0.4m€0.4m▼
Tangible fixed assets22/27€0.4m€0.4m▼
Land and buildings22€0.4m€0.4m▼
Plant, machinery and equipment23€0.03m€0.02m▼
Current assets29/58€1.5m€1.4m▼
Amounts receivable within one year40/41€0.02m€0.02m▲
Trade receivables40€39€0.001m▲
Other amounts receivable41€0.02m€0.02m▲
Current investments50/53€1.3m€1.3m▲
Cash at bank and in hand54/58€0.1m€0.02m▼
Deferred charges and accrued income490/1-€0.001m
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.8m▼
Equity10/15€1.6m€1.5m▼
Contributions10/11€0.6m€0.6m=
Reserves13€1.0m€1.0m▼
Distributable reserves133€1.0m€1.0m▼
Profit (loss) carried forward14-€0.02m-€0.02m=
Amounts payable17/49€0.3m€0.2m▼
Amounts payable after more than one year17€0.08m€0.06m▼
Financial debts170/4€0.08m€0.06m▼
Other amounts payable178/9€0.001m€0.001m=
Amounts payable within one year42/48€0.2m€0.1m▼
Current portion of amounts payable after more than one year42€0.02m€0.02m▼
Trade debts44€0.001m€307▼
Suppliers440/4€0.001m€307▼
Taxes, remuneration and social security45€0.1m-
Taxes450/3€0.1m-
Other amounts payable47/48€0.05m€0.1m▲
Accrued charges and deferred income492/3-€21
Income statement Code20242025
Non-recurring operating income76A€0.04m-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m▼
Other operating charges640/8€0.01m€0.02m▲
Non-recurring operating charges66A€0.03m-
Gross operating margin9900€0.07m€0.05m▼
Operating profit (loss)9901€224€0.006m▲
Financial income75/76B€0.03m€0.03m▲
Recurring financial income75€0.03m€0.03m▲
Financial charges65/66B€0.002m€0.002m▼
Recurring financial charges65€0.002m€0.002m▼
Profit (loss) for the period before taxes9903€0.03m€0.03m▲
Income taxes67/77€66€0.004m▲
Profit (loss) for the period9904€0.03m€0.03m▲
Profit (loss) for the period to be appropriated9905€0.03m€0.03m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.02m€0.02m▲
Profit (loss) brought forward from the previous period14P-€0.04m-€0.02m▲
Transfer from equity791/2-€0.07m
Transfer to equity691/2-€0.03m
To other reserves6921-€0.03m
Profit to be distributed694/7-€0.07m
Return on contributions (dividend)694-€0.07m

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.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€0.08m€1.3m€0.04m--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m€0.04m€0.04m€0.03m€0.03m€0.03m€0.03m▼ 12.2%
Other operating charges640/8---€0.03m€0.03m€0.01m€0.01m€0.02m▲ 3.4%
Non-recurring operating charges66A------€0.03m--
Gross operating margin9900€0.06m€0.04m€0.05m€0.05m€0.1m€1.3m€0.07m€0.05m▼ 32.4%
Operating profit (loss)9901€0.009m-€0.01m-€0.02m-€0.02m€0.05m€1.3m€224€0.006m▲ 26×
Financial income75/76B---€0.001m€0.004m€0.02m€0.03m€0.03m▲ 3.5%
Recurring financial income75€0.006m€0.003m€0.005m€0.001m€0.004m€0.02m€0.03m€0.03m▲ 3.5%
Financial charges65/66B---€0.002m€0.002m€0.01m€0.002m€0.002m▼ 9.4%
Recurring financial charges65€0.001m€242€0.003m€0.002m€0.002m€0.01m€0.002m€0.002m▼ 9.4%
Profit (loss) for the period before taxes9903€0.01m-€0.01m-€0.02m-€0.02m€0.05m€1.3m€0.03m€0.03m▲ 24.5%
Income taxes67/77€0.001m----€0.4m€66€0.004m▲ 67×
Profit (loss) for the period9904€0.01m-€0.01m-€0.02m-€0.02m€0.05m€0.9m€0.03m€0.03m▲ 9.1%
Profit (loss) for the period to be appropriated9905€0.01m-€0.01m-€0.02m-€0.02m€0.05m€0.9m€0.03m€0.03m▲ 9.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.7m€0.7m€0.8m€0.8m€0.8m€1.9m€1.9m€1.8m▼ 6.0%
Fixed assets21/28€0.4m€0.5m€0.6m€0.6m€0.6m€0.4m€0.4m€0.4m▼ 6.5%
Tangible fixed assets22/27€0.4m€0.5m€0.6m€0.6m€0.6m€0.4m€0.4m€0.4m▼ 6.5%
Land and buildings22---€0.5m€0.5m€0.4m€0.4m€0.4m▼ 5.2%
Plant, machinery and equipment23---€0.04m€0.04m€0.04m€0.03m€0.02m▼ 22.7%
Current assets29/58€0.3m€0.2m€0.2m€0.2m€0.3m€1.4m€1.5m€1.4m▼ 5.8%
Amounts receivable within one year40/41€0.1m€0.1m€0.05m€0.008m€0.08m€0.01m€0.02m€0.02m▲ 35.2%
Trade receivables40---€0.001m€0.001m€0.001m€39€0.001m▲ 21×
Other amounts receivable41---€0.007m€0.08m€0.01m€0.02m€0.02m▲ 30.3%
Current investments50/53€0.05m€0.05m€0.05m€0.1m€0.1m€1.3m€1.3m€1.3m▲ 1.5%
Cash at bank and in hand54/58€0.09m€0.004m€0.1m€0.1m€0.07m€0.1m€0.1m€0.02m▼ 87.2%
Deferred charges and accrued income490/1---€453-€0.001m-€0.001m-
Equity and liabilities
Total equity and liabilities10/49€0.7m€0.7m€0.8m€0.8m€0.8m€1.9m€1.9m€1.8m▼ 6.0%
Equity10/15€0.6m€0.6m€0.6m€0.6m€0.6m€1.6m€1.6m€1.5m▼ 2.6%
Contributions10/11€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Capital10---€0.6m€0.6m----
Issued capital100---€0.6m€0.6m----
Reserves13€0.1m€0.1m€0.1m€0.1m€0.1m€1.0m€1.0m€1.0m▼ 4.1%
Non-distributable reserves130/1---€0.006m€0.006m----
Legal reserve130---€0.006m€0.006m----
Distributable reserves133---€0.1m€0.1m€1.0m€1.0m€1.0m▼ 4.1%
Profit (loss) carried forward14-€0.05m-€0.07m-€0.08m-€0.1m-€0.04m-€0.04m-€0.02m-€0.02m=
Amounts payable17/49€0.05m€0.05m€0.2m€0.2m€0.2m€0.3m€0.3m€0.2m▼ 25.6%
Amounts payable after more than one year17-€0.001m€0.2m€0.1m€0.1m€0.1m€0.08m€0.06m▼ 23.9%
Financial debts170/4---€0.1m€0.1m€0.1m€0.08m€0.06m▼ 24.0%
Other amounts payable178/9---€0.001m€0.001m€0.001m€0.001m€0.001m=
Amounts payable within one year42/48€0.05m€0.05m€0.07m€0.07m€0.07m€0.2m€0.2m€0.1m▼ 26.4%
Current portion of amounts payable after more than one year42---€0.02m€0.02m€0.02m€0.02m€0.02m▼ 7.7%
Trade debts44-€0.001m€0.001m€348-€0.01m€0.001m€307▼ 65.4%
Suppliers440/4---€348-€0.01m€0.001m€307▼ 65.4%
Taxes, remuneration and social security45-----€0.1m€0.1m--
Taxes450/3-----€0.1m€0.1m--
Other amounts payable47/48---€0.05m€0.05m€0.05m€0.05m€0.1m▲ 156%
Accrued charges and deferred income492/3---€0.001m---€21-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€13,480-€11,166-€15,343-€17,015€54,408€913,945€27,933€30,467▲ 9.1%
+ Depreciation and write-downs630€16,668€25,568€36,809€38,508€34,917€29,155€30,601€26,879▼ 12.2%
Operating cash flow (approximation)€30,148€14,402€21,466€21,493€89,325€943,099€58,534€57,345▼ 2.0%
Investment in fixed assets (approximation)--€132,172-€147,881-€1,445€0€96,749-€12,795€0-
Change in cash--€91,383€108,954€143-€44,166€27,964€29,288-€109,596-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00488681 NBB
31-12-2024 micro format 31-08-2025 2025-00465632 PDF
31-12-2023 micro format 29-08-2024 2024-00402556 PDF
31-12-2022 micro format 16-05-2023 2023-00090208 PDF
31-12-2021 micro format 30-08-2022 2022-20381259 PDF
31-12-2020 micro format 31-08-2021 2021-65400374 PDF
31-12-2019 micro format 30-10-2020 2020-66900011 PDF
31-12-2018 micro format 31-08-2019 2019-61800402 PDF
31-12-2017 micro format 31-08-2018 2018-59300446 PDF
31-12-2016 micro format 31-08-2017 2017-58500367 PDF

Show all 34 filings

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