Giotto Services
ActiveSummary
The computed 12-month bankruptcy probability of Giotto Services is 9.3% (elevated). The 2024 annual accounts show negative equity (-€29,963) and a net result of -€1,690. Equity is shrinking by ~4.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 9.3% 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%.
| 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 6,010 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.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,261 | - | - | - | - |
| Other operating charges640/8 | €10,887 | - | - | - | - |
| Non-recurring operating charges66A | - | - | - | €546 | - |
| Gross operating margin9900 | -€18,167 | -€1,200 | -€1,015 | -€1,144 | ▼ 12.7% |
| Operating profit (loss)9901 | -€30,316 | -€1,200 | -€1,015 | -€1,690 | ▼ 66.6% |
| Financial income75/76B | €1 | - | - | - | - |
| Recurring financial income75 | €1 | - | - | - | - |
| Financial charges65/66B | €127 | €63 | €54 | - | - |
| Recurring financial charges65 | €127 | €63 | €54 | - | - |
| Profit (loss) for the period before taxes9903 | -€30,442 | -€1,262 | -€1,069 | -€1,690 | ▼ 58.1% |
| Profit (loss) for the period9904 | -€30,442 | -€1,262 | -€1,069 | -€1,690 | ▼ 58.1% |
| Profit (loss) for the period to be appropriated9905 | -€30,442 | -€1,262 | -€1,069 | -€1,690 | ▼ 58.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3,367 | €745 | €1,322 | €344 | ▼ 73.9% |
| Current assets29/58 | €3,367 | €745 | €1,322 | €344 | ▼ 73.9% |
| Amounts receivable within one year40/41 | €587 | €587 | €528 | €344 | ▼ 34.7% |
| Trade receivables40 | - | - | - | €344 | - |
| Other amounts receivable41 | €587 | €587 | €528 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €2,780 | €157 | €248 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | €546 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3,367 | €745 | €1,322 | €344 | ▼ 73.9% |
| Equity10/15 | -€25,942 | -€27,204 | -€28,273 | -€29,963 | ▼ 6.0% |
| Contributions10/11 | €4,500 | €4,500 | €4,500 | €4,500 | = |
| Profit (loss) carried forward14 | -€30,442 | -€31,704 | -€32,773 | -€34,463 | ▼ 5.2% |
| Amounts payable17/49 | €29,309 | €27,949 | €29,595 | €30,307 | ▲ 2.4% |
| Amounts payable within one year42/48 | €29,309 | €27,949 | €29,595 | €30,307 | ▲ 2.4% |
| Trade debts44 | - | - | - | €757 | - |
| Suppliers440/4 | - | - | - | €757 | - |
| Taxes, remuneration and social security45 | €184 | €118 | - | - | - |
| Taxes450/3 | €184 | €118 | - | - | - |
| Other amounts payable47/48 | €29,125 | €27,831 | €29,595 | €29,551 | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,442 | -€1,262 | -€1,069 | -€1,690 | ▼ 58.1% |
| + Depreciation and write-downs630 | €1,261 | - | - | - | - |
| Operating cash flow (approximation) | -€29,181 | -€1,262 | -€1,069 | -€1,690 | ▼ 58.1% |
| Change in cash | - | -€2,623 | €91 | -€248 | ▼ 372% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0623/00E000 | Brussels | 1,047 m² | 1 · 677 m² | 18.9 m · 2 fl. |
Linked by address, not proof of ownership
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Identification & contact
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.