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Gimex

Active
Private limited company (pre-2019)founded 198145 yrs activeRogierlaan 228, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0421.359.090
Summary

The computed 12-month bankruptcy probability of Gimex is 3.4% (moderate). The 2024 annual accounts show negative equity (-€526) and a net result of -€9,852. Equity is shrinking by ~14% per year across the filed fiscal years. Its solvency ranks better than 23% of 26033 sector peers (fiscal year 2024). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
GimexActiveChecked score 48/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of household textiles and bedding
NACE 47512NACE 52410
1 site
Size
€94,010total assets 2024
Equity
-€526
Loss
-€9,852
Financial health
48 Fair Checked score 2024
Bankruptcy chance 12 m
3.4%
Structure
Accounts 64 d overdue0 of 1 deed read
Why 48- 1 financial year not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late- Sector Retail trade (NACE 47)- Loss of €9,852 (FY 2024)+ Founded in 1981Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 16% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 24-11
equity -0.6% of total assets
Liquidity 28-5
short-term debt 62.3% · cash 8.9%
Profitability 6-45
return on assets -10.5%
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: 6.5% 12-2024: 6.5%● 0.0% vs 11-2024 01-2025: 7.1%▲ +8.9% vs 12-2024highest value 02-2025: 7.1%● 0.0% vs 01-2025highest value 03-2025: 1.5%▼ -78.5% vs 02-2025 04-2025: 1.5%▲ +1.1% vs 03-2025 05-2025: 1.5%● 0.0% vs 04-2025 06-2025: 1.4%▼ -5.9% vs 05-2025lowest value 07-2025: 1.8%▲ +25.4% vs 06-2025 08-2025: 2.3%▲ +27.7% vs 07-2025 09-2025: 2.6%▲ +13.5% vs 08-2025 10-2025: 3.2%▲ +21.8% vs 09-2025 11-2025: 3.1%▼ -2.5% vs 10-2025 12-2025: 3.9%▲ +26.4% vs 11-2025 01-2026: 3.2%▼ -20.0% vs 12-2025 02-2026: 3.1%▼ -1.6% vs 01-2026 03-2026: 3.1%● 0.0% vs 02-2026 04-2026: 3.1%▲ +0.9% vs 03-2026 05-2026: 3.0%▼ -3.1% vs 04-2026 06-2026: 2.9%▼ -5.3% vs 05-2026 07-2026: 3.1%▲ +7.6% vs 06-2026 08-2026: 3.7%▲ +20.4% vs 07-2026 09-2026: 3.5%▼ -5.6% vs 08-2026 10-2026: 3.4%▼ -2.3% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late raises the probability
  • Sector Retail trade (NACE 47) raises the probability
  • Founded in 1981 lowers the probability for this profile
  • Loss of €9,852 (FY 2024) raises the probability
No credit on open account
Liquidity ample (current ratio 1.55 against 1.6 in 2023; short-term debt: 62.3% and cash: 8.9% of total assets), but equity is negative.
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 47, micro). Better than this share of them on solvency 19%, liquidity 26%, profitability 15%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 153 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1981
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €9,852 (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
1819212324
2018 to 2024 · latest year -€526
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
153 d late
2023
194 d late
2021
149 d late
2019
157 d late
2018
145 d late
2017
132 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 155 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
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 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€9,852

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€526 View
  • Caution: Among the weakest 18% on net resultsector median €4,452 · 26,001 companies -€9,852 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Active since 1981founded 15-01-1981 45 years View

By topic

Financials

Fiscal year
2024
Total assets
€94,010
Loss
-€9,852
Solvency
-0.6%
Total assets▲ 1.3%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2014
  1. 31-12-2025Annual accounts filed
  2. 10-02-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of household textiles and beddingNACE 47512
Founded
15-01-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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