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GIRISPORT

Active
Private limited companyfounded 199828 yrs activeKortemarkstraat 95, 8820 Torhout, BelgiumKBO/BCE: BE 0463.243.195
Summary

GIRISPORT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,418 and a net result of €45,540. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 20110 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
Retail sale of other sporting goods
NACE 47639Retail sale of games and toys NACE 47640NACE 52482
1 site
How big
€192,869total assets 2025
Equity
€10,418
Profit
€45,540
Turnover not published (abridged schema)
Financially healthy?
68 Healthy Checked score 2025
Bankruptcy chance 12 m
0.5%
Who decides
Accounts 20 d early0 of 1 deed read
Why 68- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability98▲+3
Solvency30▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.96 against 1.67 in 2024; short-term debt: 29.6% and cash: 3.5% of total assets), but 94.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 28 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
5.4%
Return on assets
23.6%
Age of the figures
12 mo
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 10-04-2026, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
20 d early
2024
19 d early
2023
4 d early
2022
31 d early
2021
37 d early
2020
22 d early
2019
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed 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. Usually files around 10 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2019net €45,540 ▲19.2%
  3. Annual accounts filedfiscal year 2024 · micro…

Financials · fiscal year 2025, micro schema

Equity
€10,418
2024 · -€35,122
Total assets
€192,869▲ 5.2%
2024 · €183,315
Net result
€45,540▲ 19.2%
2024 · €38,191
Working capital
€111,604▲ 79.3%
2024 · €62,253
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 47, Retail trade, 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
Line20212022202320242025
Operating result€18,855▼ 28.9%€4,576▼ 75.7%€28,106▲ 514%€40,434▲ 43.9%€46,840▲ 15.8%
Net result€16,534within the sector's middle half▼ 27.5%€572within the sector's middle half▼ 96.5%€24,968above the sector's middle half▲ 4,265%€38,191above the sector's middle half▲ 53.0%€45,540above the sector's middle half▲ 19.2%
Equity-€98,853below the sector's middle half▲ 14.3%-€98,281below the sector's middle half▲ 0.6%-€73,313below the sector's middle half▲ 25.4%-€35,122below the sector's middle half▲ 52.1%€10,418within the sector's middle half
Total assets€175,167within the sector's middle half▲ 20.4%€168,685within the sector's middle half▼ 3.7%€188,848within the sector's middle half▲ 12.0%€183,315within the sector's middle half▼ 2.9%€192,869within the sector's middle half▲ 5.2%
Debt€274,020▲ 5.0%€266,966▼ 2.6%€262,161▼ 1.8%€218,437▼ 16.7%€182,451▼ 16.5%
Working capital€8,017within the sector's middle half▼ 7.7%€12,388within the sector's middle half▲ 54.5%€23,169within the sector's middle half▲ 87.0%€62,253within the sector's middle half▲ 169%€111,604above the sector's middle half▲ 79.3%
Solvency-56.4%below the sector's middle half▲ 22.9pp-58.3%below the sector's middle half▼ 1.8pp-38.8%below the sector's middle half▲ 19.4pp-19.2%below the sector's middle half▲ 19.7pp5.4%within the sector's middle half▲ 24.6pp
Current ratio1.06within the sector's middle half▼ 0.011.09within the sector's middle half▲ 0.031.18within the sector's middle half▲ 0.081.67within the sector's middle half▲ 0.502.96above the sector's middle half▲ 1.28
Return on assets (ROA)9.4%within the sector's middle half▼ 6.2pp0.3%within the sector's middle half▼ 9.1pp13.2%above the sector's middle half▲ 12.9pp20.8%above the sector's middle half▲ 7.6pp23.6%above the sector's middle half▲ 2.8pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, 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€20,000€40,000Operating result 2021: €18,855€18,855Net result 2021: €16,534€16,534Operating result 2022: €4,576€4,576Net result 2022: €572€572Operating result 2023: €28,106€28,106Net result 2023: €24,968€24,968Operating result 2024: €40,434€40,434Net result 2024: €38,191€38,191Operating result 2025: €46,840€46,840Net result 2025: €45,540€45,54020212022202320242025€0€20,000€40,000Operating result 2023: €28,106€28,100Net result 2023: €24,968€25,000Operating result 2024: €40,434€40,400Net result 2024: €38,191€38,200Operating result 2025: €46,840€46,800Net result 2025: €45,540€45,500202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192,869
Fixed assets €24,268 ▼ 15.7%
Current assets €168,600 ▲ 9.1%
Equity and liabilities €192,869
Equity €10,418
Debt €182,451
Debt finances 94.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€56,340▲
2024 · €49,358
Cash flow
€55,039▲
2024 · €47,115
Quick ratio
0.29▲
2024 · 0.11
Debt to equity
17.51
ROE
437.1%
Interest coverage
21.51▲
2024 · 16.10
Debt ≤ 1 year
€56,997▼
2024 · €92,279
Debt > 1 year
€123,947▼
2024 · €124,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 931 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.9% went bankrupt
4.6% stopped otherwise
93% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,366 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 931 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 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€183,315€192,869▲
Fixed assets21/28€28,783€24,268▼
Intangible fixed assets21€1,200€0▼
Tangible fixed assets22/27€27,484€24,169▼
Land and buildings22€1,046€448▼
Plant, machinery and equipment23€19,965€21,477▲
Furniture and vehicles24€6,473€2,245▼
Financial fixed assets28€99€99=
Current assets29/58€154,532€168,600▲
Stocks and contracts in progress3€144,787€152,047▲
Stocks30/36€144,787€152,047▲
Amounts receivable within one year40/41€723€7,355▲
Trade receivables40€723€7,355▲
Cash at bank and in hand54/58€6,622€6,668▲
Deferred charges and accrued income490/1€2,400€2,530▲
Equity and liabilities
Total equity and liabilities10/49€183,315€192,869▲
Equity10/15-€35,122€10,418▲
Contributions10/11€347,100€347,100=
Reserves13€7,130€7,130=
Distributable reserves133€7,130€7,130=
Profit (loss) carried forward14-€389,352-€343,812▲
Amounts payable17/49€218,437€182,451▼
Amounts payable after more than one year17€124,992€123,947▼
Financial debts170/4€1,046€0▼
Other amounts payable178/9€123,947€123,947=
Amounts payable within one year42/48€92,279€56,997▼
Current portion of amounts payable after more than one year42€4,085€1,046▼
Financial debts43€9,593€0▼
Credit institutions430/8€9,593€0▼
Trade debts44€6,533€6,530▼
Suppliers440/4€6,533€6,530▼
Taxes, remuneration and social security45€10,557€11,796▲
Taxes450/3€10,557€11,796▲
Other amounts payable47/48€61,511€37,625▼
Accrued charges and deferred income492/3€1,166€1,508▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,924€9,500▲
Other operating charges640/8€545€966▲
Gross operating margin9900€49,903€57,306▲
Operating profit (loss)9901€40,434€46,840▲
Financial income75/76B€823€1,319▲
Recurring financial income75€823€1,319▲
Financial charges65/66B€3,066€2,619▼
Recurring financial charges65€3,066€2,619▼
Profit (loss) for the period before taxes9903€38,191€45,540▲
Profit (loss) for the period9904€38,191€45,540▲
Profit (loss) for the period to be appropriated9905€38,191€45,540▲
Appropriation of the result
Profit (loss) to be appropriated9906-€389,352-€343,812▲
Profit (loss) brought forward from the previous period14P-€427,543-€389,352▲

The notes to these accounts (11 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€5,730€7,182€8,294€8,924€9,500▲ 6.5%
Other operating charges640/8-€497€512€545€966▲ 77.1%
Gross operating margin9900€25,125€12,255€36,912€49,903€57,306▲ 14.8%
Operating profit (loss)9901€18,855€4,576€28,106€40,434€46,840▲ 15.8%
Financial income75/76B-€297€434€823€1,319▲ 60.2%
Recurring financial income75€399€297€434€823€1,319▲ 60.2%
Financial charges65/66B-€4,301€3,572€3,066€2,619▼ 14.6%
Recurring financial charges65€2,720€4,301€3,572€3,066€2,619▼ 14.6%
Profit (loss) for the period before taxes9903€16,534€572€24,968€38,191€45,540▲ 19.2%
Profit (loss) for the period9904€16,534€572€24,968€38,191€45,540▲ 19.2%
Profit (loss) for the period to be appropriated9905€16,534€572€24,968€38,191€45,540▲ 19.2%
Line20212022202320242025Change
Assets
Total assets20/58€175,167€168,685€188,848€183,315€192,869▲ 5.2%
Fixed assets21/28€30,627€23,445€33,696€28,783€24,268▼ 15.7%
Intangible fixed assets21€4,800€3,600€2,400€1,200€0▼ 100%
Tangible fixed assets22/27€25,728€19,746€31,197€27,484€24,169▼ 12.1%
Land and buildings22-€2,543€1,795€1,046€448▼ 57.2%
Plant, machinery and equipment23-€3,223€19,508€19,965€21,477▲ 7.6%
Furniture and vehicles24-€13,980€9,894€6,473€2,245▼ 65.3%
Financial fixed assets28€99€99€99€99€99=
Current assets29/58€144,540€145,240€155,152€154,532€168,600▲ 9.1%
Stocks and contracts in progress3€139,155€139,524€144,662€144,787€152,047▲ 5.0%
Stocks30/36-€139,524€144,662€144,787€152,047▲ 5.0%
Amounts receivable within one year40/41€1,684€675€2,756€723€7,355▲ 918%
Trade receivables40-€632€2,756€723€7,355▲ 918%
Other amounts receivable41-€43----
Cash at bank and in hand54/58€1,020€2,589€3,378€6,622€6,668▲ 0.7%
Deferred charges and accrued income490/1-€2,452€4,356€2,400€2,530▲ 5.4%
Equity and liabilities
Total equity and liabilities10/49€175,167€168,685€188,848€183,315€192,869▲ 5.2%
Equity10/15-€98,853-€98,281-€73,313-€35,122€10,418▲ 130%
Contributions10/11-€347,100€347,100€347,100€347,100=
Reserves13€7,130€7,130€7,130€7,130€7,130=
Non-distributable reserves130/1-€7,130----
Reserves not available under the articles1311-€7,130----
Distributable reserves133--€7,130€7,130€7,130=
Profit (loss) carried forward14-€453,083-€452,511-€427,543-€389,352-€343,812▲ 11.7%
Amounts payable17/49€274,020€266,966€262,161€218,437€182,451▼ 16.5%
Amounts payable after more than one year17€136,799€133,011€129,077€124,992€123,947▼ 0.8%
Financial debts170/4-€9,064€5,130€1,046€0▼ 100%
Other amounts payable178/9-€123,947€123,947€123,947€123,947=
Amounts payable within one year42/48€136,523€132,852€131,983€92,279€56,997▼ 38.2%
Current portion of amounts payable after more than one year42-€3,788€3,934€4,085€1,046▼ 74.4%
Financial debts43-€33,123€16,561€9,593€0▼ 100%
Credit institutions430/8-€33,123€16,561€9,593€0▼ 100%
Trade debts44€4,901€4,530€18,199€6,533€6,530▼ 0.1%
Suppliers440/4-€4,530€18,199€6,533€6,530▼ 0.1%
Taxes, remuneration and social security45-€7,459€10,703€10,557€11,796▲ 11.7%
Taxes450/3-€7,459€10,703€10,557€11,796▲ 11.7%
Other amounts payable47/48-€83,952€82,586€61,511€37,625▼ 38.8%
Accrued charges and deferred income492/3-€1,103€1,101€1,166€1,508▲ 29.3%
Line20212022202320242025Change
Profit (loss) for the period9904€16,534€572€24,968€38,191€45,540▲ 19.2%
+ Depreciation and write-downs630€5,730€7,182€8,294€8,924€9,500▲ 6.5%
Operating cash flow (approximation)€22,264€7,754€33,262€47,115€55,039▲ 16.8%
Investment in fixed assets (approximation)-€0-€18,545-€4,011-€4,985▼ 24.3%
Change in cash-€1,569€789€3,244€46▼ 98.6%

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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Similar companies · same sector, comparable size

Of 1,312 companies in this sector we hold annual accounts for 626. 296 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

GIRISPORT was incorporated on 27 April 1998.1 Total assets rose from €162,286 in 2019 to €192,869 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
10-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2019net €45,540 ▲19.2%
Operating result €46,840, net result €45,540, both a record.
11-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
08-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €22,791
Net result €22,791 after one loss-making year.
07-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
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 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded27-04-1998
Fiscal year end30-09
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
47640Retail sale of games and toys
Contact
E-mail girisport@skynet.be
Phone 050/217808
Fax 050/217809Torhout
E-invoicing
Reachable via Peppol
Peppol ID 0208:0463243195
Registered 27-03-2026

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

Register as of 2 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Torhoutunit no. 2.086.780.893
2 permissions
Detailhandel mengvoeders vee · since 01-01-2019
Detailhandelaar voedermiddelen · since 01-01-2019

Sites & property

Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
2,891 m²
Building footprint
1,445 m²
Volume, LiDAR
6,124 m³
Parcel 31523H0870/00W003, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
GIRISPORT
Kortemarkstraat 95, 8820 TorhoutAir transport
since 1998unit no. 2.086.780.893
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31523H0870/00W003 Flanders 2,891 m² 1 · 1,445 m² 10.9 m · 1 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.