Overdue debts
€22,005 on 31-12-2025
The annual accounts state €21,922 of overdue tax debts and €83 of overdue social security (RSZ) debts on 31-12-2025.
GIRALDO
Lifetime
20 annual accounts with figures on one time axis, 47 filings since 1979peak €724,722 (2012)
€127,355▼ 34.8%
lowest -€103,324 (2021)
-€16,834▼ €95,443
peak €3.6m (2019)
€3.4m▼ 3.4%
€401,339▲ 11.9%
peak 6.6 FTE (2016)
6 FTE▲ 50.0%
Board3 names since 2021
1 directorCOLORI
Owners
93.33%COLORI
Documentsfilings and deeds
17-07-202614 days before the deadline
2025financial year
Gross margin from €195,450 to €127,355Loss of €16,834Staff from 4 FTE to 6 FTEDividend €100,000Cash from €341,025 to €231,820
Key points
from the 2025 annual accountsEquity
€3.4m ▼ 3.4%
GIRALDO paid out €100,000 in dividends in a year with a loss of €16,834.
Result
-€16,834 -€16,834
From profit to loss in 2025, after a profit of €78,609 in 2024.
Turnover
≈ €590,000 estimated
The accounts state no turnover.
Staff
4 employees on 31-12-2025
In 2025, 14 people joined and 14 left.
Position in the sector
89.3%
Higher solvency than 94% of companies in retail trade. Sector median 36.2% · 5,057 companies.
Checked score
91
Excellent
Financially stronger than 53% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,280 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Founded in 1973
Equity €3.4m (89.3% of total assets)
Figures for financial year 2025 (filed on 17-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 64% on liquidity, 21% on profitability and 33% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as GIRALDO has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GIRALDO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for GIRALDO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €300,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.48 (5.14 in 2024), above the usual 1.5. Short-term debt is 10.7% and cash 6.2% of total assets. 10.7% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
34 days early
2023
33 days early
2022
28 days early
2021
76 days early
2020
27 days late
2019
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0413757953
New day-to-day manager
Lisa Dumoulin appointed, SOGEMA NV resigned · Permanent representative: Lisa Dumoulin · General meeting of 02-10-2024 · Gazette deed
2 directors reappointed
Sogema NV and Colori BV (managing director) · Permanent representatives: Lisa Dumoulin and David Dumoulin · Board meeting of 30-08-2021 · Gazette deed
New establishment in Ghent
STEPP, Walpoortstraat 22/24
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GIRALDO Bruges | €3.8m | €127,355 | 89.3% | 6 |
| MTJ Uccle | €2.4m | €140,366 | -36.3% | 3.7 |
| MAISON BRULS Malmedy | €2.6m | €339,471 | 61.5% | 5.9 |
| SCHOENEN VANLUECHENE Roeselare | €2.4m | €366,779 | 40.4% | 6.9 |
| NATHALIE AZUR Knokke-Heist | €2.2m | €285,162 | 28.9% | 6 |
| Schoenhandel Albrecht Knokke-Heist | €3.2m | €456,976 | 28.4% | 5.6 |
| NEW PORT Nieuwpoort | €3.4m | €317,845 | 76.8% | 2.9 |
These companies have the same main activity as GIRALDO: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €2.2m and €3.4m, founded between 1955 and 1995.
Official details
Source: KBO- Status
- Active since 18-12-1973Normal situation
- Activity
- Retail sale of footwearNACE 47721
- Establishment units
- 2.106.790.5108000 Bruges, since 01-01-1974
- 2.106.790.4119000 Ghent, since 18-10-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 19-03-2025
Annual accounts 2025
- €3.8m▼ 1.9%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on GIRALDO
GIRALDO has existed since 1973. The gross margin fell from €350,229 in 2018 to €56,828 in 2020.
COLORI holds 93.33% of the shares. In December 2021, the Official Gazette published the appointment of COLORI as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GIRALDO
- What is the company number of GIRALDO?
- The company number of GIRALDO is 0413.757.953. The VAT number is the same number with BE in front: BE 0413.757.953.
- Where is GIRALDO based?
- The registered office is at Steenstraat 84, 8000 Bruges.Company details
- What does GIRALDO do?
- According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
- What is the legal form of GIRALDO?
- GIRALDO is a public limited company (NV).
- When was GIRALDO founded?
- GIRALDO was founded on 18-12-1973.
- Is GIRALDO still active?
- Yes, GIRALDO is an active enterprise in the KBO register.
- How many employees does GIRALDO have?
- GIRALDO had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GIRALDO?
- The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €127,355 and 51 comparable companies (NACE 477). It probably lies between €400,000 and €1.2m.
- Is GIRALDO profitable?
- In financial year 2025, GIRALDO made a loss of €16,834.
- Where can I find the annual accounts of GIRALDO?
- GIRALDO filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GIRALDO due?
- GIRALDO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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