GIM
ActiveSummary
GIM has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €515,466 and a net result of -€26,533. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability13=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.78 against 1.47 in 2023; short-term debt: 3.2% and cash: 0.8% of total assets), and 3.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
96.8%
Return on assets
-5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€26,533
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
61 d late
2022
32 d late
2021
25 d late
2020
31 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 47 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€515,466▼ 4.9%
2023 · €541,999
Total assets
€532,691▼ 8.3%
2023 · €580,634
Net result
-€26,533▲ 6.3%
2023 · -€28,324
Working capital
-€3,784
2023 · €18,241
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€24,511▲ 67.5%€5,081▼ 79.3%€21,100▲ 315%-€28,371-€25,745▲ 9.3%
Net result€17,806▲ 107%€3,318▼ 81.4%€14,795▲ 346%-€28,324-€26,533▲ 6.3%
Equity€580,781▲ 3.2%€584,100▲ 0.6%€598,895▲ 2.5%€541,999▼ 9.5%€515,466▼ 4.9%
Total assets€607,492▼ 3.6%€593,904▼ 2.2%€607,339▲ 2.3%€580,634▼ 4.4%€532,691▼ 8.3%
Debt€26,710▼ 60.3%€9,804▼ 63.3%€8,444▼ 13.9%€38,634▲ 358%€17,225▼ 55.4%
Working capital€42,714▼ 16.9%€50,802▲ 18.9%€70,367▲ 38.5%€18,241▼ 74.1%-€3,784
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25,745 in 2024 against €28,371 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €532,691
Fixed assets
€519,250 ▼ 0.9%
Current assets
€13,441 ▼ 76.4%
Equity and liabilities €532,691
Equity
€515,466 ▼ 4.9%
Debt
€17,225 ▼ 55.4%
Debt's share of the balance-sheet total falls from 6.7% to 3.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€21,237▲
2023 · -€23,601
Cash flow
-€22,025▲
2023 · -€23,554
Current ratio
0.78▼
2023 · 1.47
Debt to equity
0.03▼
2023 · 0.07
ROE
-5.1%▲
2023 · -5.2%
ROA
-5.0%▼
2023 · -4.9%
Interest coverage
-105.80▲
2023 · -327.79
Debt ≤ 1 year
€17,225▼
2023 · €38,634
Income taxes
€695
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,440 | €4,770 | €4,770 | €4,770 | €4,508 | ▼ 5.5% |
| Other operating charges640/8 | - | €12,593 | €10,379 | €17,717 | €15,992 | ▼ 9.7% |
| Gross operating margin9900 | €40,437 | €22,444 | €36,248 | -€5,884 | -€5,245 | ▲ 10.9% |
| Operating profit (loss)9901 | €24,511 | €5,081 | €21,100 | -€28,371 | -€25,745 | ▲ 9.3% |
| Financial income75/76B | - | - | - | €119 | €108 | ▼ 9.4% |
| Recurring financial income75 | - | - | - | €119 | €108 | ▼ 9.4% |
| Financial charges65/66B | - | €72 | €72 | €72 | €201 | ▲ 179% |
| Recurring financial charges65 | €96 | €72 | €72 | €72 | €201 | ▲ 179% |
| Profit (loss) for the period before taxes9903 | €24,415 | €5,009 | €21,028 | -€28,324 | -€25,838 | ▲ 8.8% |
| Income taxes67/77 | €6,609 | €1,691 | €6,233 | - | €695 | - |
| Profit (loss) for the period9904 | €17,806 | €3,318 | €14,795 | -€28,324 | -€26,533 | ▲ 6.3% |
| Profit (loss) for the period to be appropriated9905 | €17,806 | €3,318 | €14,795 | -€28,324 | -€26,533 | ▲ 6.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €607,492 | €593,904 | €607,339 | €580,634 | €532,691 | ▼ 8.3% |
| Fixed assets21/28 | €538,068 | €533,298 | €528,528 | €523,758 | €519,250 | ▼ 0.9% |
| Tangible fixed assets22/27 | €130,068 | €125,298 | €120,528 | €115,758 | €111,250 | ▼ 3.9% |
| Land and buildings22 | - | €107,461 | €105,595 | €103,730 | €101,864 | ▼ 1.8% |
| Plant, machinery and equipment23 | - | €17,837 | €14,932 | €12,028 | €9,386 | ▼ 22.0% |
| Financial fixed assets28 | €408,000 | €408,000 | €408,000 | €408,000 | €408,000 | = |
| Current assets29/58 | €69,424 | €60,606 | €78,811 | €56,876 | €13,441 | ▼ 76.4% |
| Amounts receivable within one year40/41 | €11,566 | €16,366 | €15,600 | €30,777 | €9,017 | ▼ 70.7% |
| Trade receivables40 | - | €13,200 | €15,600 | €5,017 | €5,017 | = |
| Other amounts receivable41 | - | €3,166 | - | €25,760 | €4,000 | ▼ 84.5% |
| Cash at bank and in hand54/58 | €57,859 | €44,241 | €63,211 | €26,098 | €4,424 | ▼ 83.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €607,492 | €593,904 | €607,339 | €580,634 | €532,691 | ▼ 8.3% |
| Equity10/15 | €580,781 | €584,100 | €598,895 | €541,999 | €515,466 | ▼ 4.9% |
| Contributions10/11 | - | €530,492 | €530,492 | €530,492 | €530,492 | = |
| Capital10 | - | - | €530,492 | €530,492 | €530,492 | = |
| Issued capital100 | - | - | €530,492 | €530,492 | €530,492 | = |
| Reserves13 | €5,621 | €50,289 | €51,029 | €11,507 | €11,507 | = |
| Non-distributable reserves130/1 | - | €5,621 | €6,361 | €6,361 | €6,361 | = |
| Legal reserve130 | - | - | €6,361 | €6,361 | €6,361 | = |
| Reserves not available under the articles1311 | - | €5,621 | - | - | - | - |
| Distributable reserves133 | - | €44,668 | €44,668 | €5,146 | €5,146 | = |
| Profit (loss) carried forward14 | €44,668 | €3,318 | €17,373 | - | -€26,533 | - |
| Amounts payable17/49 | €26,710 | €9,804 | €8,444 | €38,634 | €17,225 | ▼ 55.4% |
| Amounts payable within one year42/48 | €26,710 | €9,804 | €8,444 | €38,634 | €17,225 | ▼ 55.4% |
| Trade debts44 | €16,238 | €2,475 | €3,514 | €5,624 | €9,188 | ▲ 63.4% |
| Suppliers440/4 | - | €2,475 | €3,514 | €5,624 | €9,188 | ▲ 63.4% |
| Taxes, remuneration and social security45 | - | €6,838 | €4,439 | €13,010 | - | - |
| Taxes450/3 | - | €6,838 | €4,439 | €13,010 | - | - |
| Other amounts payable47/48 | - | €491 | €491 | €20,000 | €8,037 | ▼ 59.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,806 | €3,318 | €14,795 | -€28,324 | -€26,533 | ▲ 6.3% |
| + Depreciation and write-downs630 | €3,440 | €4,770 | €4,770 | €4,770 | €4,508 | ▼ 5.5% |
| Operating cash flow (approximation) | €21,246 | €8,088 | €19,565 | -€23,554 | -€22,025 | ▲ 6.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€13,618 | €18,970 | -€37,113 | -€21,674 | ▲ 41.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet -€28,324
Net result drops to -€28,324, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 6.18
Current ratio from 2.60 to 6.18; short-term debt falls from €26,710 to €9,804.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 1996
Ground area
795 m²
Building footprint
730 m²
Volume, LiDAR
5,145 m³
Parcel 21524C0041/00V020, Brussels · tallest building 18.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Ninoofsesteenweg 1120, 1080 Sint-Jans-Molenbeek
since 19962.075.457.134
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0041/00V020 | Brussels | 795 m² | 1 · 730 m² | 18.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
75%
According to the 2024 annual accounts of GIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded12-12-1995
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456741623
Also
9925:BE0456741623
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.