GIPP
ActiveGIPP has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €3k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-31
Solvency91▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 3.97 in 2024; short-term debt: 34.3% of total assets), and 34.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.7%
Return on assets
3.1%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
2 d early
2023
1 d early
2022
5 d early
2021
2 d early
2020
17 d early
2019
7 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€60k▲ 5.0%
2024 · €57k
2018: €12k
2019: €38k
2020: €59k
2021: €60k
2022: €58k
2023: €45k
2024: €57k
2018 → 2025
Total assets
€91k▲ 19.5%
2024 · €76k
2018: €58k
2019: €72k
2020: €98k
2021: €122k
2022: €110k
2023: €92k
2024: €76k
2018 → 2025
Net result
€3k▼ 75.9%
2024 · €12k
2018: €-1k
2019: €27k
2020: €21k
2021: €779
2022: €-1k
2023: €-13k
2024: €12k
2018 → 2025
Working capital
€59k▲ 4.7%
2024 · €57k
2018: €10k
2019: €38k
2020: €59k
2021: €60k
2022: €58k
2023: €45k
2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€58k▼ 2.5%€45k▼ 22.7%€57k▲ 26.0%€60k▲ 5.0%
Operating result€3k-€12k▲ 256%€-12k€13k€6k▼ 52.3%
Net result€779-€-1k€-13k▼ 784%€12k€3k▼ 75.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€225▲ 200%
Current assets
€90k▲ 19.4%
Equity and liabilities €91k
Equity
€60k▲ 5.0%
Debt
€31k▲ 62.8%
The debt ratio rises from 25.2% to 34.3%. Equity and debt are higher.
Key figures and ratios
Solvency
65.7%▼
2024 · 74.8%
Current ratio
2.91▼
2024 · 3.97
Quick ratio
2.91▼
2024 · 3.97
Debt / equity
0.52▲
2024 · 0.34
ROE
4.7%▼
2024 · 20.6%
ROA
3.1%▼
2024 · 15.4%
Debt
€31k▲
2024 · €19k
Debt ≤ 1 year
€31k▲
2024 · €19k
Income taxes
€982▲
2024 · €421
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76k€91k▲
Fixed assets21/28€75€225▲
Financial fixed assets28€75€225▲
Current assets29/58€76k€90k▲
Amounts receivable within one year40/41€76k€90k▲
Trade receivables40€1k€3k▲
Other amounts receivable41€74k€88k▲
Equity and liabilities
Total equity and liabilities10/49€76k€91k▲
Equity10/15€57k€60k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€49k€51k▲
Amounts payable17/49€19k€31k▲
Amounts payable within one year42/48€19k€31k▲
Financial debts43€14k€14k▼
Credit institutions430/8€14k€14k▼
Trade debts44€3k€12k▲
Suppliers440/4€3k€12k▲
Advances received on contracts in progress46€2k€4k▲
Taxes, remuneration and social security45€421€982▲
Taxes450/3€421€982▲
Income statement
Code20242025
Other operating charges640/8-€581
Gross operating margin9900€13k€7k▼
Operating profit (loss)9901€13k€6k▼
Financial income75/76B€620-
Recurring financial income75€620-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€12k€4k▼
Income taxes67/77€421€982▲
Profit (loss) for the period9904€12k€3k▼
Profit (loss) for the period to be appropriated9905€12k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€51k▲
Profit (loss) brought forward from the previous period14P€37k€49k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 3.97
Current ratio from 1.95 to 3.97; short-term debt falls from €47k to €19k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Truiden · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lenaertsstraat 1043800 Sint-TruidenGround area
811 m²
Building footprint
151 m²
Volume, LiDAR
787 m³
Parcel 71009B0111/00E000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lenaertsstraat 104, 3800 Sint-Truiden
since 20142.300.758.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009B0111/00E000 | Flanders | 811 m² | 1 · 151 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,326 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2014
Fiscal year end30-09
Activities, NACEBEL
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.