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Gio

Active
Private limited company (pre-2019)founded 201313 yrs activeOude Heirbaan 44, 9800 Deinze, BelgiumKBO/BCE: BE 0536.650.322
Summary

Gio has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,769 and a net result of -€60. Equity is shrinking by ~6.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 24.58 against 24.61 in 2024; short-term debt: 4.1% and cash: 0% of total assets), and 4.1% of the assets are financed with debt.
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Signals

Three 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
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 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
13 d early
2023
32 d early
2022
2 d late
2021
263 d late
2020
602 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 116 days after 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 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

On 3 July 2013, Gio was incorporated.1 Total assets went from EUR 227,584 in 2018 to EUR 51,880 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€49,769▼ 0.1%
2024 · €49,828
Total assets
€51,880▼ 0.1%
2024 · €51,939
Net result
-€60▼ 33.9%
2024 · -€45
Working capital
€49,769▼ 0.1%
2024 · €49,828
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-€12,597-€702▲ 94.4%-€4,985▼ 611%
Net result-€13,070▼ 238%-€975▲ 92.5%-€9,751▼ 900%-€45▲ 99.5%-€60▼ 33.9%
Equity€60,599▼ 17.7%€59,624▼ 1.6%€49,873▼ 16.4%€49,828▼ 0.1%€49,769▼ 0.1%
Total assets€80,917▼ 1.2%€80,155▼ 0.9%€57,593▼ 28.1%€51,939▼ 9.8%€51,880▼ 0.1%
Debt€20,318▲ 146%€20,531▲ 1.0%€7,719▼ 62.4%€2,111▼ 72.7%€2,111=
Working capital€59,891▼ 17.2%€59,270▼ 1.0%€49,873▼ 15.9%€49,828▼ 0.1%€49,769▼ 0.1%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: -€12,597-€12,597Net result 2021: -€13,070-€13,070Operating result 2022: -€702-€702Net result 2022: -€975-€975Operating result 2023: -€4,985-€4,985Net result 2023: -€9,751-€9,751Net result 2024: -€45-€45Net result 2025: -€60-€6020212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€4,985-€4,980Net result 2023: -€9,751-€9,750Net result 2024: -€45-€45Net result 2025: -€60-€60202320242025
The operating result stays negative: a loss of €4,985 in 2023 against €702 in 2022; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €51,880
Equity €49,769 ▼ 0.1%
Debt €2,111 =
Debt's share of the balance-sheet total stays at 4.1%.
Key figures and ratios
2025 value · change against 2024
Current ratio
24.58▼
2024 · 24.61
Debt to equity
0.04▲
2024 · 0.04
ROE
-0.1%▼
2024 · -0.1%
ROA
-0.1%▼
2024 · -0.1%
Debt ≤ 1 year
€2,111=
2024 · €2,111
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,915 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 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€51,939€51,880▼
Current assets29/58€51,939€51,880▼
Amounts receivable within one year40/41€51,861€51,861=
Other amounts receivable41€51,861€51,861=
Cash at bank and in hand54/58€79€19▼
Equity and liabilities
Total equity and liabilities10/49€51,939€51,880▼
Equity10/15€49,828€49,769▼
Contributions10/11€20,000€20,000=
Reserves13€50,733€50,733=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Distributable reserves133€48,733€48,733=
Profit (loss) carried forward14-€20,904-€20,964▼
Amounts payable17/49€2,111€2,111=
Amounts payable within one year42/48€2,111€2,111=
Trade debts44€2,111€2,111=
Suppliers440/4€2,111€2,111=
Income statement Code20242025
Financial charges65/66B€45€60▲
Recurring financial charges65€45€60▲
Profit (loss) for the period before taxes9903-€45-€60▼
Profit (loss) for the period9904-€45-€60▼
Profit (loss) for the period to be appropriated9905-€45-€60▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,904-€20,964▼
Profit (loss) brought forward from the previous period14P-€20,859-€20,904▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€623€354€354---
Other operating charges640/8€82€348€4,831---
Gross operating margin9900-€11,893-€200---
Operating profit (loss)9901-€12,597-€702-€4,985---
Financial charges65/66B€473€273€2,398€45€60▲ 33.9%
Recurring financial charges65€473€273€2,398€45€60▲ 33.9%
Profit (loss) for the period before taxes9903-€13,070-€975-€7,383-€45-€60▼ 33.9%
Income taxes67/77--€2,368---
Profit (loss) for the period9904-€13,070-€975-€9,751-€45-€60▼ 33.9%
Profit (loss) for the period to be appropriated9905-€13,070-€975-€9,751-€45-€60▼ 33.9%
Line20212022202320242025Change
Assets
Total assets20/58€80,917€80,155€57,593€51,939€51,880▼ 0.1%
Fixed assets21/28€708€354----
Tangible fixed assets22/27€708€354----
Plant, machinery and equipment23€0€0----
Furniture and vehicles24€708€354----
Current assets29/58€80,209€79,801€57,593€51,939€51,880▼ 0.1%
Amounts receivable within one year40/41€79,628€79,544€57,469€51,861€51,861=
Other amounts receivable41€79,628€79,544€57,469€51,861€51,861=
Cash at bank and in hand54/58€581€257€123€79€19▼ 76.1%
Equity and liabilities
Total equity and liabilities10/49€80,917€80,155€57,593€51,939€51,880▼ 0.1%
Equity10/15€60,599€59,624€49,873€49,828€49,769▼ 0.1%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Reserves13€50,733€50,733€50,733€50,733€50,733=
Non-distributable reserves130/1€2,000€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000€2,000€2,000€2,000=
Distributable reserves133€48,733€48,733€48,733€48,733€48,733=
Profit (loss) carried forward14-€10,134-€11,109-€20,859-€20,904-€20,964▼ 0.3%
Amounts payable17/49€20,318€20,531€7,719€2,111€2,111=
Amounts payable within one year42/48€20,318€20,531€7,719€2,111€2,111=
Trade debts44€20,318€20,531€7,719€2,111€2,111=
Suppliers440/4€20,318€20,531€7,719€2,111€2,111=
Line20212022202320242025Change
Profit (loss) for the period9904-€13,070-€975-€9,751-€45-€60▼ 33.9%
+ Depreciation and write-downs630€623€354€354---
Operating cash flow (approximation)-€12,447-€621-€9,397-€45-€60▼ 33.9%
Investment in fixed assets (approximation)-€0----
Change in cash--€324-€134-€45-€60▼ 33.9%

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 30-04-2027
2026
23-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Liquidity triplescurrent ratio 24.61
Current ratio from 7.46 to 24.61; short-term debt falls from €7,719 to €2,111.
29-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
18-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 263 days late
2022
23-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 602 days late
2021
30-09
Financial Weakest financial yearnet -€13,070
Net result drops to -€13,070, the lowest in the series; recovery starts the following year.
2020
30-09
Financial Liquidity times 8current ratio 9.76
Current ratio from 1.19 to 9.76; short-term debt falls from €116,717 to €8,260.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Deinze · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
677 m²
Building footprint
79 m²
Volume, LiDAR
534 m³
Parcel 44026A0366/00E000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Gio
Oude Heirbaan 44, 9800 DeinzeManufacture of metal structures and parts of structures
since 20132.222.165.476
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44026A0366/00E000 Flanders 677 m² 1 · 79 m² 10.2 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-2013
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

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