GISCOM
ActiveSummary
GISCOM has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €811,978 and a net result of -€638. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-22
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.59 in 2024; short-term debt: 5.6% and cash: 9% of total assets), and 16.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.9%
Return on assets
-0.1%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-01-2026, 76 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
76 d late
2024
15 d late
2023
7 d late
2022
10 d late
2021
24 d late
2020
26 d late
2019
20 d late
← 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 25 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€811,978▼ 0.1%
2024 · €812,616
Total assets
€968,039▼ 8.0%
2024 · €1.1m
Net result
-€638
2024 · €62,932
Working capital
€42,960▼ 30.4%
2024 · €61,721
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€74,610▲ 7.6%€55,858▼ 25.1%€117,292▲ 110%€98,975▼ 15.6%€4,680▼ 95.3%
Net result€57,535▲ 10.9%€11,528▼ 80.0%€83,801▲ 627%€62,932▼ 24.9%-€638
Equity€654,355▲ 9.6%€665,883▲ 1.8%€749,684▲ 12.6%€812,616▲ 8.4%€811,978▼ 0.1%
Total assets€719,426▲ 9.7%€965,483▲ 34.2%€1.0m▲ 6.8%€1.1m▲ 2.0%€968,039▼ 8.0%
Debt€65,070▲ 10.0%€299,600▲ 360%€281,522▼ 6.0%€239,421▼ 15.0%€156,061▼ 34.8%
Working capital€181,071▲ 70.6%€10,430▼ 94.2%€40,226▲ 286%€61,721▲ 53.4%€42,960▼ 30.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €968,039
Fixed assets
€871,335 ▼ 1.6%
Current assets
€96,703 ▼ 41.9%
Equity and liabilities €968,039
Equity
€811,978 ▼ 0.1%
Debt
€156,061 ▼ 34.8%
Debt's share of the balance-sheet total falls from 22.8% to 16.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19,166▼
2024 · €112,088
Cash flow
€13,848▼
2024 · €76,044
Current ratio
1.80▲
2024 · 1.59
Debt to equity
0.19▼
2024 · 0.29
ROE
-0.1%▼
2024 · 7.7%
ROA
-0.1%▼
2024 · 6.0%
Interest coverage
4.26▼
2024 · 22.05
Debt ≤ 1 year
€53,743▼
2024 · €104,644
Debt > 1 year
€102,293▼
2024 · €133,672
Income taxes
€818▼
2024 · €30,960
Staff costs
€1,943=
2024 · €1,942
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
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 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 8,594 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7,086 | €950 | - | - |
| Remuneration, social security and pensions62 | - | €4,341 | €1,942 | €1,942 | €1,943 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,974 | €31,596 | €11,552 | €13,112 | €14,487 | ▲ 10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,739 | - | - | - | - |
| Other operating charges640/8 | - | €1,242 | €1,267 | €9,484 | €1,138 | ▼ 88.0% |
| Gross operating margin9900 | €101,691 | €98,775 | €132,054 | €123,514 | €22,247 | ▼ 82.0% |
| Operating profit (loss)9901 | €74,610 | €55,858 | €117,292 | €98,975 | €4,680 | ▼ 95.3% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | - | - | - | €1 | - | - |
| Financial charges65/66B | - | €5,180 | €4,947 | €5,084 | €4,500 | ▼ 11.5% |
| Recurring financial charges65 | €1,803 | €5,180 | €4,947 | €5,084 | €4,500 | ▼ 11.5% |
| Profit (loss) for the period before taxes9903 | €72,807 | €50,678 | €112,345 | €93,892 | €180 | ▼ 99.8% |
| Income taxes67/77 | €15,272 | €39,150 | €28,544 | €30,960 | €818 | ▼ 97.4% |
| Profit (loss) for the period9904 | €57,535 | €11,528 | €83,801 | €62,932 | -€638 | ▼ 101% |
| Profit (loss) for the period to be appropriated9905 | €57,535 | €11,528 | €83,801 | €62,932 | -€638 | ▼ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €719,426 | €965,483 | €1.0m | €1.1m | €968,039 | ▼ 8.0% |
| Fixed assets21/28 | €473,285 | €883,178 | €876,454 | €885,672 | €871,335 | ▼ 1.6% |
| Tangible fixed assets22/27 | €473,186 | €883,079 | €876,355 | €885,573 | €871,086 | ▼ 1.6% |
| Land and buildings22 | - | €875,720 | €871,769 | €876,811 | €867,968 | ▼ 1.0% |
| Plant, machinery and equipment23 | - | €5,949 | €3,594 | €3,945 | €1,789 | ▼ 54.7% |
| Furniture and vehicles24 | - | €1,410 | €992 | €4,816 | €1,330 | ▼ 72.4% |
| Financial fixed assets28 | €99 | €99 | €99 | €99 | €249 | ▲ 152% |
| Current assets29/58 | €246,141 | €82,305 | €154,753 | €166,365 | €96,703 | ▼ 41.9% |
| Amounts receivable within one year40/41 | €47,670 | €55,044 | €94,210 | €36,856 | €6,498 | ▼ 82.4% |
| Trade receivables40 | - | €40,044 | €79,210 | €10,856 | €6,498 | ▼ 40.1% |
| Other amounts receivable41 | - | €15,000 | €15,000 | €26,000 | - | - |
| Cash at bank and in hand54/58 | €192,798 | €22,097 | €54,706 | €121,730 | €87,236 | ▼ 28.3% |
| Deferred charges and accrued income490/1 | - | €5,164 | €5,837 | €7,779 | €2,969 | ▼ 61.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €719,426 | €965,483 | €1.0m | €1.1m | €968,039 | ▼ 8.0% |
| Equity10/15 | €654,355 | €665,883 | €749,684 | €812,616 | €811,978 | ▼ 0.1% |
| Contributions10/11 | - | €185,200 | €185,200 | €185,200 | €185,200 | = |
| Outside capital11 | - | - | - | €185,200 | €185,200 | = |
| Other1109/19 | - | - | - | €185,200 | €185,200 | = |
| Reserves13 | €18,520 | €18,520 | €18,520 | €81,452 | €81,452 | = |
| Non-distributable reserves130/1 | - | €18,520 | €18,520 | €18,520 | - | - |
| Legal reserve130 | - | - | - | €18,520 | - | - |
| Reserves not available under the articles1311 | - | €18,520 | €18,520 | - | - | - |
| Distributable reserves133 | - | - | - | €62,932 | €81,452 | ▲ 29.4% |
| Profit (loss) carried forward14 | €450,635 | €462,163 | €545,964 | €545,964 | €545,326 | ▼ 0.1% |
| Amounts payable17/49 | €65,070 | €299,600 | €281,522 | €239,421 | €156,061 | ▼ 34.8% |
| Amounts payable after more than one year17 | - | €227,725 | €164,618 | €133,672 | €102,293 | ▼ 23.5% |
| Financial debts170/4 | - | €227,725 | €164,618 | €133,672 | €102,293 | ▼ 23.5% |
| Amounts payable within one year42/48 | €65,070 | €71,875 | €114,527 | €104,644 | €53,743 | ▼ 48.6% |
| Current portion of amounts payable after more than one year42 | - | - | €33,043 | €30,946 | €31,379 | ▲ 1.4% |
| Trade debts44 | €4,047 | €9,820 | €7,698 | €1,445 | - | - |
| Suppliers440/4 | - | €9,820 | €7,698 | €1,445 | - | - |
| Taxes, remuneration and social security45 | - | €21,359 | €38,533 | €34,683 | €5,978 | ▼ 82.8% |
| Taxes450/3 | - | €21,359 | €38,533 | €34,683 | €5,978 | ▼ 82.8% |
| Other amounts payable47/48 | - | €40,696 | €35,252 | €37,570 | €16,387 | ▼ 56.4% |
| Accrued charges and deferred income492/3 | - | - | €2,377 | €1,105 | €25 | ▼ 97.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,535 | €11,528 | €83,801 | €62,932 | -€638 | ▼ 101% |
| + Depreciation and write-downs630 | €23,974 | €31,596 | €11,552 | €13,112 | €14,487 | ▲ 10.5% |
| Operating cash flow (approximation) | €81,509 | €43,123 | €95,354 | €76,044 | €13,848 | ▼ 81.8% |
| Investment in fixed assets (approximation) | - | -€441,489 | -€4,829 | -€22,330 | -€150 | ▲ 99.3% |
| Change in cash | - | -€170,701 | €32,609 | €67,024 | -€34,495 | ▼ 151% |
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
Next filing, fiscal year 2026, expected by
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 76 days late
2025
31-03
Financial
Weakest financial yearnet -€638
Net result drops to -€638, the lowest in the series.
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
31-03
Financial
Highest result since 2019net €83,801 ▲627%
Operating result €117,292, net result €83,801, both a record.
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
31-03
Financial
Liquidity triplescurrent ratio 2.79
Current ratio from 1.00 to 2.79; short-term debt falls from €86,104 to €59,145.
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 49 days late
10-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 71 days late
2016
28-10
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 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kontich · 1 establishment unit since 2002
Ground area
860 m²
Building footprint
279 m²
Volume, LiDAR
2,134 m³
Parcel 11602E0017/00D002, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Lijsterbolstraat 16, 2550 Kontich
since 20022.114.415.106
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0017/00D002 | Flanders | 860 m² | 1 · 279 m² | 11.4 m · 2 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.
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 4,553 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-09-2002
Fiscal year end31-03
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
46620Wholesale of machine tools
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478246919
Also
9925:BE0478246919
Registered
29-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.