Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GHIMAR from Middelkerke, company number BE0466649974, closed financial year 2024 with a result of € -894,370 after tax. For that financial year GHIMAR recorded a gross margin of € 2.4 million and equity of € 2.1 million. Compared with financial year 2023, the result moved from € -373,210 to € -894,370. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 30, 2025.
€ 2.1 million
▼ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -894,370
▼ 140 % more loss than in 2023
Profit after tax over the fiscal year.
€ 432
▼ 87% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.4 million.
People and assets in 2024
35.3
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 8% vs 2023
€ 67,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 115,563
▲ 57% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 8.3 million
▲ 20% vs 2023
€ 494,989 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 1.4 million
▲ 141% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 286,623
▼ 10% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 3,455,784 | - | € 3,462,959 | - | |
| Gross margin | € 2,446,292 | € 2,596,494 | € 2,540,227 | € 2,408,831 | ▼ 5% |
| Profit after taxes | € 104,548 | € -51,155 | € -373,210 | € -894,370 | ▼ € 521,160 |
| Equity | € 3,417,209 | € 3,366,054 | € 2,992,844 | € 2,098,473 | ▼ 30% |
| Total debts | € 1,581,427 | € 5,857,288 | € 8,477,363 | € 11,247,673 | ▲ 33% |
| Cash | € 124,380 | € 233,524 | € 3,347 | € 432 | ▼ 87% |
| Land & buildings | € 3,449,462 | € 7,263,817 | € 9,787,709 | € 11,847,114 | ▲ 21% |
| Retained profit | € 2,672,193 | € 2,621,039 | € 2,247,828 | € 1,353,458 | ▼ 40% |
| Bank debt | € 531,250 | € 4,370,446 | € 6,956,884 | € 8,345,165 | ▲ 20% |
| Balance sheet total | € 4,998,636 | € 9,223,342 | € 11,470,207 | € 13,346,146 | ▲ 16% |
| Employees (FTE) | - | 37.2 | 35.7 | 35.3 | ▼ 0.4 |
Key figures of GHIMAR, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GHIMAR?
What happened at GHIMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 894,370. filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,548 profit in 2021 to € 894,370 loss in 2024.
Paid € 60,955 in corporate taxes since 2021.
Best year ever: 2021, with € 104,548 profit.
On average € 68,200 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ADIM INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GHIMARBehind GHIMAR are Adim Invest and Diana De Boeck. The shares are held by ADIM INVEST.
Directors
According to the 2024 annual accounts
Managing director · represented by Diana De Boeck
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Fleriskotstraat 48
8431 Middelkerke
Koninklijke Baan(Kok) 159 box 5
8670 Koksijde
Active since 6 September 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.649.974
- VAT number
- BE 0466.649.974
- Registered office
- Fleriskotstraat 48, 8431 Middelkerke
- Names & denominations
- GHIMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1999
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)