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Gimatch

Active
Private limited companyfounded 200422 yrs activeLijsterbessebomenlaan 25, 1180 Ukkel, BelgiumKBO/BCE: BE 0862.538.351
Summary

The computed 12-month bankruptcy probability of Gimatch is 2.7% (moderate). The 2025 annual accounts show negative equity (-€81,267) and a net result of -€12,351. Equity is shrinking by ~30.1% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability14▼-3
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 86.89 against 43.48 in 2024; short-term debt: 1.2% and cash: 2.4% of total assets), but equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-61.9%
Return on assets
-9.4%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€81,267
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
5 d early
2023
2 d early
2022
26 d early
2021
44 d late
2020
66 d early
2019
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 10 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 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

History

Gimatch was incorporated on 8 January 2004.1 Total assets rose from EUR 112,206 in 2019 to EUR 131,330 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€12,351▼ 12.3%
2024 · -€11,002
Working capital
€129,818▼ 3.3%
2024 · €134,199
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
Line20212022202320242025
Operating result-€16,480▼ 25.2%-€13,626▲ 17.3%-€13,765▼ 1.0%-€10,743▲ 22.0%-€12,198▼ 13.5%
Net result-€16,325▼ 26.3%-€12,703▲ 22.2%-€13,903▼ 9.4%-€11,002▲ 20.9%-€12,351▼ 12.3%
Equity-€31,309▼ 109%-€44,012▼ 40.6%-€57,914▼ 31.6%-€68,916▼ 19.0%-€81,267▼ 17.9%
Total assets€149,301▼ 6.1%€143,139▼ 4.1%€137,215▼ 4.1%€137,358▲ 0.1%€131,330▼ 4.4%
Debt€180,609▲ 3.8%€187,151▲ 3.6%€195,129▲ 4.3%€206,274▲ 5.7%€212,597▲ 3.1%
Working capital€148,401▼ 6.0%€142,966▼ 3.7%€136,809▼ 4.3%€134,199▼ 1.9%€129,818▼ 3.3%
Staff (FTE)000
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2021: -€16,480-€16,480Net result 2021: -€16,325-€16,325Operating result 2022: -€13,626-€13,626Net result 2022: -€12,703-€12,703Operating result 2023: -€13,765-€13,765Net result 2023: -€13,903-€13,903Operating result 2024: -€10,743-€10,743Net result 2024: -€11,002-€11,002Operating result 2025: -€12,198-€12,198Net result 2025: -€12,351-€12,35120212022202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€13,765-€13,800Net result 2023: -€13,903-€13,900Operating result 2024: -€10,743-€10,700Net result 2024: -€11,002-€11,000Operating result 2025: -€12,198-€12,200Net result 2025: -€12,351-€12,400202320242025
The operating result stays negative: a loss of €12,198 in 2025 against €10,743 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Solvency
-61.9%▼
2024 · -50.2%
Current ratio
86.89▲
2024 · 43.48
Quick ratio
5.34▼
2024 · 7.39
Debt to equity
-2.62▲
2024 · -2.99
ROA
-9.4%▼
2024 · -8.0%
Debt ≤ 1 year
€1,511▼
2024 · €3,159
Debt > 1 year
€210,887▲
2024 · €202,922
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€137,358€131,330▼
Current assets29/58€137,358€131,330▼
Stocks and contracts in progress3€114,013€123,262▲
Stocks30/36€114,013€123,262▲
Amounts receivable within one year40/41€4,886€2,161▼
Other amounts receivable41€4,886€2,161▼
Cash at bank and in hand54/58€15,196€3,086▼
Deferred charges and accrued income490/1€3,264€2,821▼
Equity and liabilities
Total equity and liabilities10/49€137,358€131,330▼
Equity10/15-€68,916-€81,267▼
Contributions10/11€12,400€12,400=
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14-€83,176-€95,527▼
Amounts payable17/49€206,274€212,597▲
Amounts payable after more than one year17€202,922€210,887▲
Other amounts payable178/9€202,922€210,887▲
Amounts payable within one year42/48€3,159€1,511▼
Trade debts44€3,021€1,511▼
Suppliers440/4€3,021€1,511▼
Other amounts payable47/48€138€0▼
Accrued charges and deferred income492/3€194€198▲
Income statement Code20242025
Other operating charges640/8€396€392▼
Non-recurring operating charges66A-€1,035
Gross operating margin9900-€10,347-€10,770▼
Operating profit (loss)9901-€10,743-€12,198▼
Financial charges65/66B€259€153▼
Recurring financial charges65€259€153▼
Profit (loss) for the period before taxes9903-€11,002-€12,351▼
Profit (loss) for the period9904-€11,002-€12,351▼
Profit (loss) for the period to be appropriated9905-€11,002-€12,351▼
Appropriation of the result
Profit (loss) to be appropriated9906-€83,176-€95,527▼
Profit (loss) brought forward from the previous period14P-€72,174-€83,176▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€348€366€396€392▼ 1.0%
Non-recurring operating charges66A----€1,035-
Gross operating margin9900-€15,982-€13,279-€13,399-€10,347-€10,770▼ 4.1%
Operating profit (loss)9901-€16,480-€13,626-€13,765-€10,743-€12,198▼ 13.5%
Financial income75/76B-€1,069€0---
Recurring financial income75€453€1,069€0---
Financial charges65/66B-€146€138€259€153▼ 40.9%
Recurring financial charges65€298€146€138€259€153▼ 40.9%
Profit (loss) for the period before taxes9903-€16,325-€12,703-€13,903-€11,002-€12,351▼ 12.3%
Profit (loss) for the period9904-€16,325-€12,703-€13,903-€11,002-€12,351▼ 12.3%
Profit (loss) for the period to be appropriated9905-€16,325-€12,703-€13,903-€11,002-€12,351▼ 12.3%
Line20212022202320242025Change
Assets
Total assets20/58€149,301€143,139€137,215€137,358€131,330▼ 4.4%
Current assets29/58€149,301€143,139€137,215€137,358€131,330▼ 4.4%
Stocks and contracts in progress3€77,073€88,736€104,554€114,013€123,262▲ 8.1%
Stocks30/36-€88,736€104,554€114,013€123,262▲ 8.1%
Amounts receivable within one year40/41€30,012€13,940€6,059€4,886€2,161▼ 55.8%
Other amounts receivable41-€13,940€6,059€4,886€2,161▼ 55.8%
Cash at bank and in hand54/58€39,730€37,979€23,919€15,196€3,086▼ 79.7%
Deferred charges and accrued income490/1-€2,486€2,683€3,264€2,821▼ 13.6%
Equity and liabilities
Total equity and liabilities10/49€149,301€143,139€137,215€137,358€131,330▼ 4.4%
Equity10/15-€31,309-€44,012-€57,914-€68,916-€81,267▼ 17.9%
Contributions10/11-€12,400€12,400€12,400€12,400=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€45,569-€58,272-€72,174-€83,176-€95,527▼ 14.8%
Amounts payable17/49€180,609€187,151€195,129€206,274€212,597▲ 3.1%
Amounts payable after more than one year17€179,710€186,977€194,531€202,922€210,887▲ 3.9%
Other amounts payable178/9-€186,977€194,531€202,922€210,887▲ 3.9%
Amounts payable within one year42/48€900€174€405€3,159€1,511▼ 52.2%
Trade debts44€900€174€405€3,021€1,511▼ 50.0%
Suppliers440/4-€174€405€3,021€1,511▼ 50.0%
Other amounts payable47/48---€138€0▼ 100%
Accrued charges and deferred income492/3--€192€194€198▲ 2.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€16,325-€12,703-€13,903-€11,002-€12,351▼ 12.3%
Operating cash flow (approximation)-€16,325-€12,703-€13,903-€11,002-€12,351▼ 12.3%
Change in cash--€1,751-€14,060-€8,723-€12,109▼ 38.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
26-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
05-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial Liquidity times 5current ratio 823.82
Current ratio from 165.94 to 823.82; short-term debt falls from €900 to €174.
16-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 44 days late
2020
26-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial Liquidity times 21current ratio 134.51
Current ratio from 6.44 to 134.51; short-term debt falls from €17,420 to €1,182.
15-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
23-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
28-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Ukkel · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
2,515 m²
Building footprint
234 m²
Volume, LiDAR
1,810 m³
Parcel 21614H0055/02P025, Brussels · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
60 companies at this address See who is registered here
1 establishment unit
Gimatch
Lijsterbessebomenlaan 25, 1180 UkkelReal estate development
since 20042.136.977.801
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614H0055/02P025 Brussels 2,515 m² 1 · 234 m² 12.1 m · 3 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

5 owners

Owners 5

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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 formPrivate limited company
Founded08-01-2004
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0862538351
Registered 04-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.