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GIMAREC

Active
Private limited company (pre-2019)founded 200818 yrs activeSamelstraat(SGW) 45, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0898.860.101
Summary

GIMAREC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,886 and a net result of -€4,744. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 233 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

What they do
Waste collection, recovery and disposal activities
NACE 38120
1 site
How big
€98,901total assets 2025
Equity
€95,886
Loss
-€4,744
Turnover not published (abridged schema)
Financially healthy?
64 Healthy Checked score 2025
Bankruptcy chance 12 m
1.4%
Who decides
Accounts filed 31 d late0 of 8 deeds read
Why 64- Latest accounts 31 days late; 2 of the last 3 late- Liquidity: current ratio 24.19, cash €14, halved- Loss of €4,744 (FY 2025)+ Founded in 2008Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 48% of its sector peers (NACE 38, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 100=
equity 97.0% of total assets
Liquidity 50-2
short-term debt 3.0% · cash 0.0%
Profitability 13-58
return on assets -4.8%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (517 companies)
  • Latest accounts 31 days late; 2 of the last 3 late raises the probability
  • Liquidity: current ratio 24.19, cash €14, halved raises the probability
  • Founded in 2008 lowers the probability for this profile
  • Loss of €4,744 (FY 2025) raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 24.19 against 24.55 in 2024; short-term debt: 3% and cash: 0% of total assets), and 3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 38, micro). Better than this share of them on solvency 91%, liquidity 54%, profitability 18%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 24.19, cash €14, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2008
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €4,744 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
21 d late
2023
386 d late
2022
39 d late
2021
4 d late
2020
122 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 95 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€4,744
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on solvencysector median 37.0% · 233 companies 97.0% View
  • Total assets 20256 fiscal years filed €98,901 View
  • Active since 2008founded 27-06-2008 18 years View

By topic

Financials

Fiscal year
2025
Total assets
€98,901
Loss
-€4,744
Solvency
97.0%
Total assets▼ 4.6%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 21-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Waste collection, recovery and disposal activitiesNACE 38120
Founded
27-06-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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