Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GIROCO from Nieuwerkerken (Limb.), company number BE0804699924, closed financial year 2025 with a result of € -7,572 after tax. For that financial year GIROCO recorded a gross margin of € -5,912 and equity of € 21,147. Compared with financial year 2024, the result moved from € 25,718 to € -7,572. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 21,147
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,572
▼ still € 25,718 profit in 2024
Profit after tax over the fiscal year.
€ 26,527
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,147.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 209
▼ 61% 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.
€ 12,802
▲ € 12,783 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,002
▼ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 40,546 | € -5,912 | ▼ € 46,458 |
| Profit after taxes | € 25,718 | € -7,572 | ▼ € 33,290 |
| Equity | € 28,718 | € 21,147 | ▼ 26% |
| Total debts | € 110,651 | € 133,296 | ▲ 20% |
| Cash | € 17,807 | € 26,527 | ▲ 49% |
| Land & buildings | - | € 5,082 | |
| Retained profit | € 25,718 | € 18,147 | ▼ 29% |
| Bank debt | € 10,000 | € 0 | ▼ 100% |
| Balance sheet total | € 139,369 | € 154,443 | ▲ 11% |
Key figures of GIROCO, fiscal years 2024 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 GIROCO?
What happened at GIROCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,572 (▼ € 33,290 vs 2024). Source: NBB ↗
- New establishment in Nieuwerkerken (Limb.). KBO
- Gitte Roex became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 25,718 profit in 2024 to € 7,572 loss in 2025.
Paid € 13,568 in corporate taxes since 2024.
Best year ever: 2024, with € 25,718 profit.
Management
Behind GIROCO is Gitte Roex. It owns 100% of Roex Capital Ventures itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Schansstraat 227
3850 Nieuwerkerken (Limb.)
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
- 0804.699.924
- VAT number
- BE 0804.699.924
- Registered office
- Schansstraat 227, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- GIROCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2023
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
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