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Giugiu&Co

Active
Private limited companyfounded 2024active for 1 yearRue Fernand Colon(ML) 38, 5020 Namur, BelgiumKBO/BCE: BE 1016.355.607
Summary

The computed 12-month bankruptcy probability of Giugiu&Co is 2.7% (moderate). The 2025 annual accounts show equity of €7,592 and a net result of -€2,408. Its solvency ranks better than 25% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€7,592
Total assets
€169,529
Net result
-€2,408
Working capital
-€16,181

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €169,529
Fixed assets €139,545
Current assets €29,984
Equity and liabilities €169,529
Equity €7,592
Debt €161,937
Debt finances 95.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€22,121
Cash flow
€13,450
Current ratio
0.65
Quick ratio
0.46
Debt to equity
21.33
ROE
-31.7%
ROA
-1.4%
Interest coverage
2.55
Debt ≤ 1 year
€46,165
Debt > 1 year
€115,771
Income taxes
€4
Staff costs
€7,499

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 95.7% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
95.7% still going

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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 74.5% 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 280 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 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€169,529
Fixed assets21/28€139,545
Intangible fixed assets21€126,882
Tangible fixed assets22/27€12,573
Furniture and vehicles24€12,573
Financial fixed assets28€90
Current assets29/58€29,984
Stocks and contracts in progress3€8,574
Stocks30/36€8,574
Amounts receivable within one year40/41€15,970
Trade receivables40€14,161
Other amounts receivable41€1,809
Cash at bank and in hand54/58€5,441
Equity and liabilities
Total equity and liabilities10/49€169,529
Equity10/15€7,592
Contributions10/11€10,000
Profit (loss) carried forward14-€2,408
Amounts payable17/49€161,937
Amounts payable after more than one year17€115,771
Financial debts170/4€115,771
Amounts payable within one year42/48€46,165
Current portion of amounts payable after more than one year42€26,848
Trade debts44€16,537
Suppliers440/4€16,537
Taxes, remuneration and social security45€855
Taxes450/3€180
Remuneration and social security454/9€675
Other amounts payable47/48€1,925
Income statement Code2025
Remuneration, social security and pensions62€7,499
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,857
Other operating charges640/8€777
Gross operating margin9900€30,396
Operating profit (loss)9901€6,263
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€8,680
Recurring financial charges65€8,680
Profit (loss) for the period before taxes9903-€2,404
Income taxes67/77€4
Profit (loss) for the period9904-€2,408
Profit (loss) for the period to be appropriated9905-€2,408
Appropriation of the result
Profit (loss) to be appropriated9906-€2,408

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€7,499
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,857
Other operating charges640/8€777
Gross operating margin9900€30,396
Operating profit (loss)9901€6,263
Financial income75/76B€13
Recurring financial income75€13
Financial charges65/66B€8,680
Recurring financial charges65€8,680
Profit (loss) for the period before taxes9903-€2,404
Income taxes67/77€4
Profit (loss) for the period9904-€2,408
Profit (loss) for the period to be appropriated9905-€2,408
Line2025
Assets
Total assets20/58€169,529
Fixed assets21/28€139,545
Intangible fixed assets21€126,882
Tangible fixed assets22/27€12,573
Furniture and vehicles24€12,573
Financial fixed assets28€90
Current assets29/58€29,984
Stocks and contracts in progress3€8,574
Stocks30/36€8,574
Amounts receivable within one year40/41€15,970
Trade receivables40€14,161
Other amounts receivable41€1,809
Cash at bank and in hand54/58€5,441
Equity and liabilities
Total equity and liabilities10/49€169,529
Equity10/15€7,592
Contributions10/11€10,000
Profit (loss) carried forward14-€2,408
Amounts payable17/49€161,937
Amounts payable after more than one year17€115,771
Financial debts170/4€115,771
Amounts payable within one year42/48€46,165
Current portion of amounts payable after more than one year42€26,848
Trade debts44€16,537
Suppliers440/4€16,537
Taxes, remuneration and social security45€855
Taxes450/3€180
Remuneration and social security454/9€675
Other amounts payable47/48€1,925
Line2025
Profit (loss) for the period9904-€2,408
+ Depreciation and write-downs630€15,857
Operating cash flow (approximation)€13,450

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 17-06-2026 2026-00179998

Similar companies · same sector, comparable size

Of the 3,684 active companies whose main activity is retail sale of fruit and vegetables (NACE 47210), figures are known for 955. 503 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.