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GIMCO SIO

Active
Public limited companyfounded 1996active for 30 yearsAvenue Greiner 1, 4100 Seraing, Belgium20 active companies are registered at this addressKBO/BCE: BE 0456.951.063
Summary

The computed 12-month bankruptcy probability of GIMCO SIO is 2.6% (moderate). The 2025 annual accounts show negative equity (-€833,796) and a net result of -€90,507. Equity is shrinking by about 25% per year across the filed financial years. Its solvency ranks better than 5% of 5,718 sector peers (NACE 68, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Development of non-residential building projects
NACE 68122Buying and selling of own real estate NACE 68110
1 site
Size
€211,845total assets 2025
Staff
2 FTE
Equity
-€833,796
Loss
-€90,507
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Structure
Parent
GIMCO SA · 100%
Holdings
1
Accounts 14 days early2 of 20 deeds read
Why 49raises riskNegative equity -€833,796Loss of €90,507, the second in a row (financial year 2025)Founded in 1996lowers riskSize: 2 FTE, total assets €211,845Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -393.6% of total assets
Liquidity 16-13
short-term debt 493.2% · cash 13.1%
Profitability 0=
return on assets -42.7%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,597 companies, NACE 68, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.2%▼ -0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%▲ +0.3 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +1.8 percentage points vs 07-2026highest value 09-2026: 2.6%● unchanged vs 08-2026highest value 10-2026: 2.6%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.04, compared with 0.06 in 2024, below 1; short-term debt: 493.2% and cash: 13.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 5% on solvency, 14% on liquidity, 4% on profitability and 26% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€833,796
NBB · annual accounts
raises risk · Loss of €90,507, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: 2 FTE, total assets €211,845
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 1996
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€833,796
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
6 days late
2023
92 days early
2022
69 days early
2021
73 days early
2020
67 days early
2019
102 days early
← 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 59 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 May (4 of the last 5 filed years within 55 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Nicolas SERIN (director) and Gildino…Declaration · Power of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€833,796 View
  • Caution: Result fell in 2025from -€31,767 to -€90,507 ▼ 185% View
  • Caution: Among the weakest 5% on solvencysector median 38.5% · 5,718 companies -393.6% View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€90,507 View
  • New directorslatest change 29-04-2026 · 2 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€211,845
Loss
-€90,507
Solvency
-393.6%
Total assets▼ 0.7%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
GIMCO SA · 100%
  • Gildino TAVARES-DUCROTOISDirector
  • Nicolas SERINDirector
Go to Board & ownership

Timeline

Events
34
Since
1997
Next accounts
by 31-07-2027
  1. 25-06-2025Resignation: ABNM CONSULTING SERVICES SRL (director)
  2. 30-04-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
03-01-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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