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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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
GIBO from Meerhout, company number BE0457162879, closed financial year 2026 with a result of € 15,242 after tax. For that financial year GIBO recorded a gross margin of € 108,323 and equity of € 318,740. Compared with financial year 2025, the result moved from € 23,056 to € 15,242. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 318,740
▲ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,242
▼ 34% vs 2025
Profit after tax over the fiscal year.
€ 7,761
▼ 39% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 810 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
€ 53,518
▼ 1% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 216,015
€ 15,463 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 7,709
▲ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 18,666
▼ 11% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 118,911 | € 134,282 | € 121,668 | € 108,323 | ▼ 11% |
| Profit after taxes | € 22,261 | € 33,075 | € 23,056 | € 15,242 | ▼ 34% |
| Equity | € 249,797 | € 282,062 | € 304,308 | € 318,740 | ▲ 5% |
| Total debts | € 378,209 | € 326,774 | € 290,753 | € 271,569 | ▼ 7% |
| Cash | € 38,819 | € 31,615 | € 12,786 | € 7,761 | ▼ 39% |
| Land & buildings | € 333,178 | € 312,825 | € 311,861 | € 289,496 | ▼ 7% |
| Retained profit | € 184,797 | € 217,062 | € 239,308 | € 253,740 | ▲ 6% |
| Dividend | € 810 | € 810 | € 810 | € 810 | |
| Bank debt | € 267,771 | € 234,472 | € 216,239 | € 216,015 | |
| Balance sheet total | € 628,006 | € 608,836 | € 595,061 | € 590,309 | ▼ 1% |
Key figures of GIBO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to GIBO?
What happened at GIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 15,242 (▼ 34% vs 2025). Source: NBB ↗
- Italia CASCONE stepped down as director. NBB
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,261 profit in 2023 to € 15,242 profit in 2026.
Paid € 38,851 in corporate taxes since 2023.
Best year ever: 2024, with € 33,075 profit.
Paid out € 3,240 in dividends to the owners in total.
Management
Behind GIBO is Frank VAN GOOL.
Directors
According to the 2026 annual accounts
Frank VAN GOOL
Director
Italia CASCONE
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Molenstraat 72
2450 Meerhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.162.879
- VAT number
- BE 0457.162.879
- Registered office
- Molenstraat 72, 2450 Meerhout
- Names & denominations
- GIBO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 1996
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Detailhandel in schoeisel