Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.6 to 2.
Financials
Financial year 2024
Gio-Project from Vilvoorde, company number BE0674520875, closed financial year 2024 with a result of € -32,020 after tax. For that financial year Gio-Project recorded a gross margin of € 40,417 and equity of € 61,885. Compared with financial year 2023, the result moved from € 4,163 to € -32,020. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 21, 2025.
€ 61,885
▼ 34% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,020
▼ still € 4,163 profit in 2023
Profit after tax over the fiscal year.
€ 4,407
▼ 41% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 43,285.
People and assets in 2024
2
▼ 1.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 60,257
▼ 58% vs 2023
€ 30,100 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.
€ 11,050
▼ 42% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 923
▼ 82% vs 2023
Loans from banks and other lenders, long and short.
€ 10,661
▲ 47% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,925
▼ 58% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 138,278 | € 164,519 | € 168,204 | € 40,417 | ▼ 76% |
| Profit after taxes | € -6,097 | € 361 | € 4,163 | € -32,020 | ▼ € 36,184 |
| Equity | € 89,381 | € 89,742 | € 93,905 | € 61,885 | ▼ 34% |
| Total debts | € 64,980 | € 73,642 | € 49,552 | € 39,625 | ▼ 20% |
| Cash | € 26,004 | € 17,785 | € 7,412 | € 4,407 | ▼ 41% |
| Retained profit | € 70,781 | € 71,142 | € 75,305 | € 43,285 | ▼ 43% |
| Bank debt | € 25,769 | € 13,567 | € 5,125 | € 923 | ▼ 82% |
| Balance sheet total | € 154,362 | € 163,384 | € 143,458 | € 101,510 | ▼ 29% |
| Employees (FTE) | 4 | 3.6 | 3.2 | 2 | ▼ 1.2 |
Key figures of Gio-Project, 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 Gio-Project?
What happened at Gio-Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 32,020 (▼ € 36,184 vs 2023). filed late Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,097 loss in 2021 to € 32,020 loss in 2024.
Paid € 34,111 in corporate taxes since 2021.
Best year ever: 2023, with € 4,163 profit.
On average € 20,200 of value added per employee in 2024.
Establishments
Establishment units
Physical locations of this company
Broekstraat 4
1800 Vilvoorde
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
- 0674.520.875
- VAT number
- BE 0674.520.875
- Registered office
- Broekstraat 4, 1800 Vilvoorde
- Names & denominations
- Gio-Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2017
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
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