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GIMICECO

Active
Private limited company (pre-2019)founded 200224 yrs activeFernande Volralstraat 1, 1090 Jette, BelgiumKBO/BCE: BE 0477.640.074

GIMICECO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €35k and a net result of €-6k. Equity is growing by ~49.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 6538 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-59
Solvency100▲+33
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 23.2 against 1.73 in 2023; short-term debt: 4.1% and cash: 29.5% of total assets), and 20.8% 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.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
79.2%
Return on assets
-12.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-12-2025, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
123 d late
2023
231 d late
2022
492 d late
2021
3 d early
2020
23 d late
2019
27 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2023 · €14k
2018: €2k 2019: €-1k 2020: €4k 2021: €33k 2022: €16k 2023: €14k
2018 → 2024
Working capital
€40k▼ 28.2%
2023 · €56k
2018: €-10k 2019: €-11k 2020: €-7k 2021: €26k 2022: €42k 2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-7k-€26k€42k▲ 59.2%€56k▲ 34.4%€35k▼ 37.8%
Operating result€5k-€39k▲ 685%€20k▼ 47.9%€18k▼ 11.7%€-5k
Net result€4k-€33k▲ 706%€16k▼ 53.4%€14k▼ 7.5%€-6k
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €5k€5kNet result 2020: €4k€4kOperating result 2021: €39k€39kNet result 2021: €33k€33kOperating result 2022: €20k€20kNet result 2022: €16k€16kOperating result 2023: €18k€18kNet result 2023: €14k€14kOperating result 2024: €-5k€-5kNet result 2024: €-6k€-6k20202021202220232024
The operating result turns negative in 2024: a loss of €5k after €18k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets €2k▲ 1,546%
Current assets €42k▼ 68.4%
Equity and liabilities €44k
Equity €35k▼ 37.8%
Debt €9k▼ 88.1%
The debt ratio falls from 57.9% to 20.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Solvency
79.2%
2023 · 42.1%
Current ratio
23.20
2023 · 1.73
Quick ratio
8.22
2023 · 1.73
Debt / equity
0.26
2023 · 1.37
ROE
-16.2%
2023 · 25.6%
ROA
-12.8%
2023 · 10.8%
Debt
€9k
2023 · €77k
Debt ≤ 1 year
€2k
2023 · €77k
Debt > 1 year
€7k
Income taxes
€311
2023 · €3k
Staff costs
€24k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€133k€44k
Fixed assets21/28€125€2k
Financial fixed assets28€125€2k
Current assets29/58€133k€42k
Stocks and contracts in progress3-€27k
Stocks30/36-€27k
Amounts receivable within one year40/41€102k€2k
Trade receivables40€90k€1k
Other amounts receivable41€11k€401
Cash at bank and in hand54/58€31k€13k
Deferred charges and accrued income490/1€836-
Equity and liabilities
Total equity and liabilities10/49€133k€44k
Equity10/15€56k€35k
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€304€22k
Non-distributable reserves130/1€304€2k
Reserves not available under the articles1311€304€2k
Distributable reserves133-€20k
Profit (loss) carried forward14€37k€-6k
Amounts payable17/49€77k€9k
Amounts payable after more than one year17-€7k
Trade debts175-€7k
Amounts payable within one year42/48€77k€2k
Trade debts44€28k-
Suppliers440/4€28k-
Taxes, remuneration and social security45€13k€1k
Taxes450/3€13k€1k
Other amounts payable47/48€36k€750
Income statement Code20232024
Remuneration, social security and pensions62-€24k
Other operating charges640/8-€3k
Gross operating margin9900€18k€22k
Operating profit (loss)9901€18k€-5k
Financial charges65/66B€477€520
Recurring financial charges65€477€520
Profit (loss) for the period before taxes9903€17k€-5k
Income taxes67/77€3k€311
Profit (loss) for the period9904€14k€-6k
Profit (loss) for the period to be appropriated9905€14k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-6k
Profit (loss) brought forward from the previous period14P€23k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
01-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 123 days late
19-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 231 days late
2024
31-12
Financial Weakest financial yearnet €-6k ▼139%
Net result drops to €-6k, the lowest in the series.
31-12
Financial Liquidity times 13current ratio 23.20
Current ratio from 1.73 to 23.20; short-term debt falls from €77k to €2k.
04-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 492 days late
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €33k ▲706%
Operating result €39k, net result €33k, both a record.
31-12
Financial Liquidity times 21current ratio 5.26
Current ratio from 0.25 to 5.26; short-term debt falls from €10k to €6k.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
05-02
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 189 days late
2015
24-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Jette · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Fernande Volralstraat 11090 Jette
Ground area
235 m²
Building footprint
235 m²
Volume, LiDAR
2,849 m³
Parcel 21010B0012/00Z002, Brussels · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GIMICECO
Fernande Volralstraat 1, 1090 JetteRetail trade
since 20022.115.152.801
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21010B0012/00Z002 Brussels 235 m² 1 · 235 m² 16.8 m · 4 fl.
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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Jette2.115.152.801
1 permission
Toelating · Detailhandel · since 01-12-2023

Similar companies · same sector, comparable size

Of 10,527 companies in sector 47110 we hold annual accounts for 5,861. 4,512 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded31-05-2002
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.