Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GIES from Ninove, company number BE0436628870, closed financial year 2025 with a result of € -12,755 after tax. For that financial year GIES recorded a gross margin of € -3,959 and equity of € -33,129. Compared with financial year 2024, the result moved from € -23,536 to € -12,755. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ -33,129
▼ € 12,755 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,755
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,142
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -303,129.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,903
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 953
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -32,027 | € -35,452 | € -14,505 | € -3,959 | ▲ € 10,546 |
| Profit after taxes | € -44,698 | € -45,409 | € -23,536 | € -12,755 | ▲ € 10,781 |
| Equity | € 48,571 | € 3,162 | € -20,374 | € -33,129 | ▼ € 12,755 |
| Total debts | € 17,322 | € 48,489 | € 57,735 | € 66,747 | ▲ 16% |
| Cash | € 8,295 | € 2,354 | € 2,244 | € 2,142 | ▼ 5% |
| Retained profit | € -221,429 | € -266,838 | € -290,374 | € -303,129 | ▼ € 12,755 |
| Bank debt | € 1,805 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 65,893 | € 51,651 | € 37,360 | € 33,618 | ▼ 10% |
Key figures of GIES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GIES?
What happened at GIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,755. filed late Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,698 loss in 2022 to € 12,755 loss in 2025.
Paid € 603 in corporate taxes since 2022.
Management
Behind GIES is LUC GIES.
Directors
According to the 2025 annual accounts
LUC GIES
Director
Establishments
Establishment units
Physical locations of this company
Hazeleerstraat(Oke) 62
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
INFOPACT-AS The Netherlands, NL
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0436.628.870
- VAT number
- BE 0436.628.870
- Registered office
- Hazeleerstraat(Oke) 62, 9400 Ninove
- Names & denominations
- GIES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 1989
- Peppol
- Active · Active since 19 Oct 2025
- Activities · NACE
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