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GIZEM

Active
Private limited companyfounded 199827 years activeRue de Marchiennes 109, 6044 Charleroi, BelgiumKBO/BCE: BE 0464.623.070
Summary

The computed 12-month bankruptcy probability of GIZEM is 1.8% (moderate). The 2025 annual accounts show negative equity (-€17,897) and a net result of -€21,659. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 33,994 sector peers (NACE 43, fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Specialised construction activities
NACE 43343Freight transport by road NACE 49410
1 site
Size
€63,390total assets 2025
Staff
1 FTE
Equity
-€17,897
Loss
-€21,659
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy probability, 12 months
1.8%
Structure
Accounts filed 31 days late0 of 5 deeds read
Why 52- Loss of €21,659, the second in a row (FY 2025)- Negative equity -€17,897- Sector Specialised construction activities (NACE 43)+ Size: total assets €63,390Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 9% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 0-29
equity -28.2% of total assets
Liquidity 41-21
short-term debt 58.3% · cash 16.6%
Profitability 0=
return on assets -34.2%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● unchanged vs 11-2024lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.7 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.1%▼ -0.1 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.4 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 1.8%● unchanged vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.1 against 1.3 in 2024; short-term debt: 58.3% and cash: 16.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 3% on solvency, 30% on liquidity, 4% on profitability and 0% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €63,390
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €21,659, the second in a row (FY 2025)
NBB · annual accounts
raises risk · Negative equity -€17,897
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€17,897
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
33 days early
2022
17 days late
2021
4 days late
2020
1 day early
2019
on the day
← 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 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€72,541

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€17,897 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€21,659 View
  • Caution: Among the weakest 5% on solvencysector median 47.1% · 33,994 companies -28.2% View
  • Positive: Result rose in 2025from -€72,541 to -€21,659 ▲ 70.1% View

By topic

Financials

Fiscal year
2025
Total assets
€63,390
Loss
-€21,659
Solvency
-28.2%
Turnover▼ 38.3%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 28-06-2024Annual accounts filed
  2. 17-08-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Specialised construction activitiesNACE 43343
Founded
25-11-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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