GISA
ActiveThe computed 12-month bankruptcy probability of GISA is 2.1% (moderate). The 2025 annual accounts show equity of €168k and a net result of €-5k. Its solvency ranks better than 89% of 17964 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-37
Solvency100▲+46
Growth32
Stability82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity ample (current ratio 5.78 against 1.36 in 2024), and 16.8% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 d early
2024
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€168k▼ 3.0%
2024 · €173k
2024: €173k
2024 → 2025
Total assets
€202k▼ 65.6%
2024 · €585k
2024: €585k
2024 → 2025
Net result
€-5k
2024 · €13k
2024: €13k
2024 → 2025
Working capital
€162k▲ 9.5%
2024 · €148k
2024: €148k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€173k-€168k▼ 3.0%
Operating result€41k-€14k▼ 65.9%
Net result€13k-€-5k
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 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202k
Fixed assets
€6k▼ 76.4%
Current assets
€196k▼ 65.1%
Equity and liabilities €202k
Equity
€168k▼ 3.0%
Debt
€34k▼ 91.8%
The debt ratio falls from 70.5% to 16.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€21k▼
2024 · €56k
Cash flow
€2k▼
2024 · €28k
Solvency
83.2%▲
2024 · 29.5%
Current ratio
5.78▲
2024 · 1.36
Quick ratio
5.78▲
2024 · 1.36
Debt / equity
0.20▼
2024 · 2.39
ROE
-3.0%▼
2024 · 7.4%
ROA
-2.5%▼
2024 · 2.2%
Interest coverage
1.07▼
2024 · 2.10
Debt
€34k▼
2024 · €412k
Debt ≤ 1 year
€34k▼
2024 · €412k
Income taxes
€101▼
2024 · €4k
Staff costs
€0▼
2024 · €2k
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€585k€202k▼
Fixed assets21/28€25k€6k▼
Tangible fixed assets22/27€25k€6k▼
Furniture and vehicles24€25k€6k▼
Current assets29/58€560k€196k▼
Amounts receivable within one year40/41€41k€17k▼
Trade receivables40€41k€17k▼
Other amounts receivable41-€563
Cash at bank and in hand54/58€104k€178k▲
Deferred charges and accrued income490/1€415k€0▼
Equity and liabilities
Total equity and liabilities10/49€585k€202k▼
Equity10/15€173k€168k▼
Contributions10/11€160k€160k=
Profit (loss) carried forward14€13k€8k▼
Amounts payable17/49€412k€34k▼
Amounts payable within one year42/48€412k€34k▼
Current portion of amounts payable after more than one year42€389k€0▼
Trade debts44€13k€24k▲
Suppliers440/4€13k€24k▲
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€4k€4k=
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€2k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€7k▼
Other operating charges640/8€3k€569▼
Non-recurring operating charges66A€85k€0▼
Gross operating margin9900€145k€21k▼
Operating profit (loss)9901€41k€14k▼
Financial income75/76B€2k€385▼
Recurring financial income75€2k€385▼
Financial charges65/66B€27k€19k▼
Recurring financial charges65€27k€19k▼
Profit (loss) for the period before taxes9903€16k€-5k▼
Income taxes67/77€4k€101▼
Profit (loss) for the period9904€13k€-5k▼
Profit (loss) for the period to be appropriated9905€13k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€8k▼
Profit (loss) brought forward from the previous period14P-€13k
The notes to these accounts (6 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
28-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Mandate compensation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Mandate compensation3 facts ▸
- General meeting, 26/06/2026
- Director appointment, Tergolina Paola (administratrice)
- Mandate compensation, Tergolina Paola
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 5.78
Current ratio from 1.36 to 5.78; short-term debt falls from €412k to €34k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Tergolina Paola
CurrentDirector · since 01-07-2026
01-07-2026
Appointed as Director
Location & real-estate footprint
Registered office, Flobecq · 1 establishment unit since 2023
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.
Motte 287880 FlobecqGround area
1,070 m²
Building footprint
163 m²
Parcel 51019C0688/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
GISA
since 20232.351.065.412
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51019C0688/00B000 | Wallonia | 1,070 m² | 1 · 163 m² | - |
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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KD MOTOR COMPANY
BE 0401.721.837
Manage · Eq €168k
DECOTORA
BE 0475.950.591
Deinze · Eq €167k
AUTOMOTIVE NEW TECHNOLOGIES SYSTEMS
BE 0890.461.978
Nivelles · Eq €167k
AK DECOR & CERAMIC
BE 0886.487.255
Anderlecht · Eq €169k
ARTISAN - ANDERLECHT SERRURERIE VANHOVE
BE 0434.475.569
Anderlecht · Eq €166k
Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 946 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2023
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.