M-GIOIA
ActiveSummary
M-GIOIA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98,487 and a net result of -€411. Equity is growing by ~7.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- €98,487
- Loss
- -€411
Why 62- No NACE activity registered- Higher-failure-rate region- Annual accounts: weaker financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€1,688
Financials
Fiscal year 2025Total assets €224,893Loss -€411Solvency 43.8%Liquidity 0.30
Financials · fiscal year 2025, micro schema
Trend over the years
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.
Result and balance sheet
Key figures and ratios
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,910 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.
Filed annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,534 | €11,490 | €10,753 | €11,180 | €12,048 | ▲ 7.8% |
| Gross operating margin9900 | €31,651 | €31,398 | €14,682 | €14,154 | €11,905 | ▼ 15.9% |
| Operating profit (loss)9901 | €20,117 | €19,907 | €3,929 | €2,974 | -€143 | ▼ 105% |
| Financial charges65/66B | €2,176 | €593 | €68 | €67 | €45 | ▼ 32.8% |
| Recurring financial charges65 | €2,176 | €593 | €68 | €67 | €45 | ▼ 32.8% |
| Profit (loss) for the period before taxes9903 | €17,941 | €19,315 | €3,862 | €2,907 | -€188 | ▼ 106% |
| Income taxes67/77 | €6,812 | €8,258 | €1,255 | €4,595 | €223 | ▼ 95.2% |
| Profit (loss) for the period9904 | €11,130 | €11,057 | €2,606 | -€1,688 | -€411 | ▲ 75.6% |
| Profit (loss) for the period to be appropriated9905 | €11,130 | €11,057 | €2,606 | -€1,688 | -€411 | ▲ 75.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €219,706 | €218,889 | €213,917 | €222,449 | €224,893 | ▲ 1.1% |
| Fixed assets21/28 | €218,686 | €207,196 | €196,443 | €197,835 | €186,528 | ▼ 5.7% |
| Tangible fixed assets22/27 | €218,686 | €207,196 | €196,443 | €197,835 | €186,528 | ▼ 5.7% |
| Land and buildings22 | €209,023 | €199,177 | €190,069 | €180,961 | €171,853 | ▼ 5.0% |
| Plant, machinery and equipment23 | €9,663 | €8,019 | €6,374 | €16,874 | €14,675 | ▼ 13.0% |
| Current assets29/58 | €1,020 | €11,693 | €17,474 | €24,614 | €38,365 | ▲ 55.9% |
| Amounts receivable within one year40/41 | - | - | €4,348 | €4,084 | €475 | ▼ 88.4% |
| Other amounts receivable41 | - | - | €4,348 | €4,084 | €475 | ▼ 88.4% |
| Cash at bank and in hand54/58 | €1,020 | €11,693 | €12,279 | €19,876 | €36,968 | ▲ 86.0% |
| Deferred charges and accrued income490/1 | - | - | €846 | €654 | €922 | ▲ 41.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €219,706 | €218,889 | €213,917 | €222,449 | €224,893 | ▲ 1.1% |
| Equity10/15 | €89,382 | €99,639 | €101,445 | €99,757 | €98,487 | ▼ 1.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Uncalled capital101 | €6,200 | - | - | - | - | - |
| Reserves13 | €23,600 | €22,000 | €24,000 | €24,000 | €24,000 | = |
| Tax-exempt reserves132 | €23,600 | - | - | - | - | - |
| Distributable reserves133 | - | €22,000 | €24,000 | €24,000 | €24,000 | = |
| Profit (loss) carried forward14 | €53,382 | €65,239 | €65,045 | €63,357 | €62,087 | ▼ 2.0% |
| Amounts payable17/49 | €130,324 | €119,250 | €112,472 | €122,693 | €126,406 | ▲ 3.0% |
| Amounts payable within one year42/48 | €130,324 | €119,250 | €112,472 | €122,693 | €126,406 | ▲ 3.0% |
| Current portion of amounts payable after more than one year42 | €21,785 | - | - | - | - | - |
| Trade debts44 | €1,836 | €1,684 | €1,413 | €2,656 | €3,902 | ▲ 46.9% |
| Suppliers440/4 | €1,836 | €1,684 | €1,413 | €2,656 | €3,902 | ▲ 46.9% |
| Taxes, remuneration and social security45 | €5,377 | €9,787 | €680 | €954 | €480 | ▼ 49.7% |
| Taxes450/3 | €5,377 | €9,787 | €680 | €954 | €480 | ▼ 49.7% |
| Other amounts payable47/48 | €101,327 | €107,778 | €110,378 | €119,082 | €122,023 | ▲ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,130 | €11,057 | €2,606 | -€1,688 | -€411 | ▲ 75.6% |
| + Depreciation and write-downs630 | €11,534 | €11,490 | €10,753 | €11,180 | €12,048 | ▲ 7.8% |
| Operating cash flow (approximation) | €22,664 | €22,547 | €13,359 | €9,492 | €11,637 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€12,572 | -€741 | ▲ 94.1% |
| Change in cash | - | €10,673 | €586 | €7,597 | €17,092 | ▲ 125% |
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
13 eventsLatest 09-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
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.
Company details
Private limited company · founded 21-06-2007Year ends 31-12Peppol not found1 site
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51522B0010/00Z007 | Wallonia | 3,213 m² | 1 · 553 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Go further with this company
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.