Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GIS from Knokke-Heist, company number BE0445023627, closed financial year 2025 with a result of € -6,384 after tax. For that financial year GIS recorded a gross margin of € 4,479 and equity of € -135,940. Compared with financial year 2024, the result moved from € -13,004 to € -6,384. 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 July 30, 2026.
€ -135,940
▼ € 6,384 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,384
▲ 51 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,693
▲ € 4,595 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -197,940.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 126
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 201 | € -169 | € -1,933 | € 4,479 | ▲ € 6,413 |
| Profit after taxes | € -9,706 | € -10,292 | € -13,004 | € -6,384 | ▲ € 6,620 |
| Equity | € -106,260 | € -116,552 | € -129,556 | € -135,940 | ▼ € 6,384 |
| Total debts | € 238,654 | € 243,796 | € 248,904 | € 252,138 | ▲ 1% |
| Cash | € 3,143 | € 248 | € 98 | € 4,693 | ▲ € 4,595 |
| Land & buildings | € 127,010 | € 125,214 | € 117,824 | € 110,435 | ▼ 6% |
| Retained profit | € -168,260 | € -178,552 | € -191,556 | € -197,940 | ▼ € 6,384 |
| Balance sheet total | € 132,394 | € 127,243 | € 119,348 | € 116,198 | ▼ 3% |
Key figures of GIS, 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 GIS?
What happened at GIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,384. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,706 loss in 2022 to € 6,384 loss in 2025.
Management
Behind GIS are Peter Verlinde and Ann Verlinde. Ann Verlinde is also behind LARSFIEN.
Directors
According to the 2025 annual accounts
Peter Verlinde
Director
Establishments
Establishment units
Physical locations of this company
Antoine Bréartstraat 13 box 2V
8300 Knokke-Heist
Antoine Bréartstraat 13
8300 Knokke-Heist
Active since 4 August 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.023.627
- VAT number
- BE 0445.023.627
- Registered office
- Antoine Bréartstraat 13 bus 2V, 8300 Knokke-Heist
- Names & denominations
- GIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1991
- Peppol
- Active · Active since 11 May 2026