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GIMS Services

Active
Private limited company (pre-2019)founded 200818 yrs activeBosstraat 23A, 1620 Drogenbos, BelgiumKBO/BCE: BE 0899.858.904
Summary

GIMS Services has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €277,472 and a net result of €46,577. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 38% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability78▼-1
Solvency69▲+18
Growth52▼-6
Track record84
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.33 in 2023; short-term debt: 35.6% and cash: 14.9% of total assets), but 55.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 18 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
42 d early
2023
98 d late
2022
142 d late
2021
505 d late
2020
870 d late
2019
1235 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 468 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-complianceStrikeout withdrawn

History

On 20 August 2008, GIMS Services was incorporated.1 Total assets went from EUR 606,712 in 2019 to EUR 627,704 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€277,472▲ 20.2%
2023 · €230,895
Total assets
€627,704▼ 28.1%
2023 · €872,481
Net result
€46,577▼ 35.7%
2023 · €72,432
Working capital
€211,613▲ 27.2%
2023 · €166,363
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€108,865▼ 4.8%€137,726▲ 26.5%€124,743▼ 9.4%€99,884▼ 19.9%€75,920▼ 24.0%
Net result€55,722above the sector's middle half▲ 5.4%€95,462above the sector's middle half▲ 71.3%€86,510above the sector's middle half▼ 9.4%€72,432above the sector's middle half▼ 16.3%€46,577within the sector's middle half▼ 35.7%
Equity€309,825above the sector's middle half▲ 21.9%€405,287above the sector's middle half▲ 30.8%€491,797above the sector's middle half▲ 21.3%€230,895within the sector's middle half▼ 53.1%€277,472above the sector's middle half▲ 20.2%
Total assets€699,040above the sector's middle half▲ 15.2%€759,795above the sector's middle half▲ 8.7%€810,607above the sector's middle half▲ 6.7%€872,481above the sector's middle half▲ 7.6%€627,704above the sector's middle half▼ 28.1%
Debt€389,215▲ 10.4%€354,507▼ 8.9%€318,810▼ 10.1%€641,586▲ 101%€350,231▼ 45.4%
Working capital€279,558above the sector's middle half▲ 14.9%€370,859above the sector's middle half▲ 32.7%€445,191above the sector's middle half▲ 20.0%€166,363above the sector's middle half▼ 62.6%€211,613above the sector's middle half▲ 27.2%
Solvency44.3%within the sector's middle half▲ 2.4pp53.3%within the sector's middle half▲ 9.0pp60.7%within the sector's middle half▲ 7.3pp26.5%within the sector's middle half▼ 34.2pp44.2%within the sector's middle half▲ 17.7pp
Current ratio2.41within the sector's middle half▼ 0.393.11within the sector's middle half▲ 0.703.78within the sector's middle half▲ 0.671.33within the sector's middle half▼ 2.451.95within the sector's middle half▲ 0.62
Return on assets (ROA)8.0%within the sector's middle half▼ 0.7pp12.6%within the sector's middle half▲ 4.6pp10.7%within the sector's middle half▼ 1.9pp8.3%within the sector's middle half▼ 2.4pp7.4%within the sector's middle half▼ 0.9pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €108,865€108,865Net result 2020: €55,722€55,722Operating result 2021: €137,726€137,726Net result 2021: €95,462€95,462Operating result 2022: €124,743€124,743Net result 2022: €86,510€86,510Operating result 2023: €99,884€99,884Net result 2023: €72,432€72,432Operating result 2024: €75,920€75,920Net result 2024: €46,577€46,57720202021202220232024€0€50,000€100,000Operating result 2022: €124,743€125,000Net result 2022: €86,510€86,500Operating result 2023: €99,884€99,900Net result 2023: €72,432€72,400Operating result 2024: €75,920€75,900Net result 2024: €46,577€46,600202220232024
The operating result has fallen three years in a row; 2024 is 24% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €627,704
Fixed assets €192,927 ▼ 5.1%
Current assets €434,777 ▼ 35.0%
Equity and liabilities €627,704
Equity €277,472 ▲ 20.2%
Debt €350,231 ▼ 45.4%
Debt's share of the balance-sheet total falls from 73.5% to 55.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€86,264▼
2023 · €109,271
Cash flow
€56,921▼
2023 · €81,819
Debt to equity
1.26▼
2023 · 2.78
ROE
16.8%▼
2023 · 31.4%
Interest coverage
15.97▼
2023 · 19.81
Debt ≤ 1 year
€223,164▼
2023 · €502,848
Debt > 1 year
€126,017▼
2023 · €138,738
Income taxes
€23,941▲
2023 · €22,718
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 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% 1.8%
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 17,811 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 · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€872,481€627,704▼
Fixed assets21/28€203,271€192,927▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€203,271€192,927▼
Land and buildings22€199,974€191,999▼
Furniture and vehicles24€3,297€928▼
Current assets29/58€669,210€434,777▼
Amounts receivable within one year40/41€651,829€341,161▼
Trade receivables40€12,300€14,013▲
Other amounts receivable41€639,529€327,148▼
Cash at bank and in hand54/58€16,760€93,615▲
Deferred charges and accrued income490/1€621-
Equity and liabilities
Total equity and liabilities10/49€872,481€627,704▼
Equity10/15€230,895€277,472▲
Contributions10/11€6,200€6,200=
Reserves13€1,855€1,855=
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Profit (loss) carried forward14€222,840€269,417▲
Amounts payable17/49€641,586€350,231▼
Amounts payable after more than one year17€138,738€126,017▼
Financial debts170/4€138,738€126,017▼
Amounts payable within one year42/48€502,848€223,164▼
Current portion of amounts payable after more than one year42€26,031€26,320▲
Trade debts44€6,313€5,114▼
Suppliers440/4€6,313€5,114▼
Taxes, remuneration and social security45€114,389€67,816▼
Taxes450/3€114,389€67,816▼
Other amounts payable47/48€356,115€123,915▼
Accrued charges and deferred income492/3-€1,050
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,388€10,344▲
Other operating charges640/8€5,514€6,191▲
Gross operating margin9900€114,785€92,454▼
Operating profit (loss)9901€99,884€75,920▼
Financial income75/76B€783€0▼
Recurring financial income75€783€0▼
Financial charges65/66B€5,517€5,402▼
Recurring financial charges65€5,517€5,402▼
Profit (loss) for the period before taxes9903€95,149€70,517▼
Income taxes67/77€22,718€23,941▲
Profit (loss) for the period9904€72,432€46,577▼
Profit (loss) for the period to be appropriated9905€72,432€46,577▼
Appropriation of the result
Profit (loss) to be appropriated9906€556,174€269,417▼
Profit (loss) brought forward from the previous period14P€483,742€222,840▼
Profit to be distributed694/7€333,333-
Return on contributions (dividend)694€333,333-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,711€7,711€7,711€9,388€10,344▲ 10.2%
Other operating charges640/8€14,055€6,353€5,458€5,514€6,191▲ 12.3%
Gross operating margin9900€130,632€151,790€137,913€114,785€92,454▼ 19.5%
Operating profit (loss)9901€108,865€137,726€124,743€99,884€75,920▼ 24.0%
Financial income75/76B---€783€0▼ 100.0%
Recurring financial income75---€783€0▼ 100.0%
Financial charges65/66B€8,380€5,682€4,018€5,517€5,402▼ 2.1%
Recurring financial charges65€8,380€5,682€4,018€5,517€5,402▼ 2.1%
Profit (loss) for the period before taxes9903€100,486€132,044€120,725€95,149€70,517▼ 25.9%
Income taxes67/77€44,764€36,582€34,215€22,718€23,941▲ 5.4%
Profit (loss) for the period9904€55,722€95,462€86,510€72,432€46,577▼ 35.7%
Profit (loss) for the period to be appropriated9905€55,722€95,462€86,510€72,432€46,577▼ 35.7%
Line20202021202220232024Change
Assets
Total assets20/58€699,040€759,795€810,607€872,481€627,704▼ 28.1%
Fixed assets21/28€220,706€212,994€205,283€203,271€192,927▼ 5.1%
Intangible fixed assets21----€0-
Tangible fixed assets22/27€220,706€212,994€205,283€203,271€192,927▼ 5.1%
Land and buildings22€220,706€212,994€205,283€199,974€191,999▼ 4.0%
Furniture and vehicles24---€3,297€928▼ 71.9%
Current assets29/58€478,334€546,800€605,324€669,210€434,777▼ 35.0%
Amounts receivable within one year40/41€433,367€532,766€592,284€651,829€341,161▼ 47.7%
Trade receivables40-€15,600€13,500€12,300€14,013▲ 13.9%
Other amounts receivable41€433,367€517,166€578,784€639,529€327,148▼ 48.8%
Cash at bank and in hand54/58€44,967€14,034€13,041€16,760€93,615▲ 459%
Deferred charges and accrued income490/1---€621--
Equity and liabilities
Total equity and liabilities10/49€699,040€759,795€810,607€872,481€627,704▼ 28.1%
Equity10/15€309,825€405,287€491,797€230,895€277,472▲ 20.2%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,855€1,855€1,855€1,855€1,855=
Non-distributable reserves130/1€1,855€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855€1,855€1,855€1,855=
Profit (loss) carried forward14€301,770€397,232€483,742€222,840€269,417▲ 20.9%
Amounts payable17/49€389,215€354,507€318,810€641,586€350,231▼ 45.4%
Amounts payable after more than one year17€190,439€178,566€158,677€138,738€126,017▼ 9.2%
Financial debts170/4€190,439€178,566€158,677€138,738€126,017▼ 9.2%
Amounts payable within one year42/48€198,776€175,942€160,134€502,848€223,164▼ 55.6%
Current portion of amounts payable after more than one year42€24,455€18,942€22,111€26,031€26,320▲ 1.1%
Trade debts44€3,189€3,767€4,416€6,313€5,114▼ 19.0%
Suppliers440/4€3,189€3,767€4,416€6,313€5,114▼ 19.0%
Taxes, remuneration and social security45€171,132€153,233€126,949€114,389€67,816▼ 40.7%
Taxes450/3€171,132€153,233€125,549€114,389€67,816▼ 40.7%
Remuneration and social security454/9--€1,400---
Other amounts payable47/48--€6,658€356,115€123,915▼ 65.2%
Accrued charges and deferred income492/3----€1,050-
Line20202021202220232024Change
Profit (loss) for the period9904€55,722€95,462€86,510€72,432€46,577▼ 35.7%
+ Depreciation and write-downs630€7,711€7,711€7,711€9,388€10,344▲ 10.2%
Operating cash flow (approximation)€63,434€103,173€94,221€81,819€56,921▼ 30.4%
Investment in fixed assets (approximation)-€0€0-€7,375€0▲ 100%
Change in cash--€30,933-€993€3,720€76,855▲ 1,966%

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

2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €46,577 ▼35.7%
Net result drops to €46,577, the lowest in the series.
06-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
12-04
KBO administration UBO non-compliance
event 01-04-2024
12-01
KBO administration Strikeout withdrawn
event 20-12-2023
2023
20-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
18-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 505 days late
18-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 870 days late
18-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 1235 days late
2021
31-12
Financial Highest result since 2019net €95,462 ▲71.3%
Operating result €137,726, net result €95,462, both a record.
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
25-01
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 178 days late
2016
03-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 64 days late
2014
31-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Drogenbos
exact location from the address register On OpenStreetMap
Ground area
304 m²
Building footprint
62 m²
Volume, LiDAR
592 m³
Parcel 22001B0225/00N005, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22001B0225/00N005 Flanders 304 m² 1 · 62 m² 11.7 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.

Similar companies · same sector, comparable size

Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 38,546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0899858904
Registered 20-11-2020

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

Register as of 30 September 2026 · Peppol Directory

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