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 9.4 to 0.5.
Financials
Financial year 2025
GIORGI from Bastogne, company number BE0879224628, closed financial year 2025 with a result of € 32,023 after tax. For that financial year GIORGI recorded a gross margin of € 201,738 and equity of € 761,084. Compared with financial year 2024, the result moved from € 92,908 to € 32,023. 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 August 31, 2026.
€ 761,084
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,023
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 346,590
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 742,484.
People and assets in 2025
0.5
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 21,404
▼ 86% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 280,345
▲ 42% vs 2024
Of which on lease € 147,095.
Debts at end 2025
€ 463,192
▼ 11% vs 2024
€ 61,713 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 13,074
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,103
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 868,613 | € 798,996 | € 453,612 | € 201,738 | ▼ 56% |
| Profit after taxes | € 314,802 | € 230,804 | € 92,908 | € 32,023 | ▼ 66% |
| Equity | € 505,536 | € 678,591 | € 729,062 | € 761,084 | ▲ 4% |
| Total debts | € 842,427 | € 577,641 | € 647,540 | € 603,672 | ▼ 7% |
| Cash | € 697,900 | € 772,103 | € 591,885 | € 346,590 | ▼ 41% |
| Land & buildings | € 164,645 | € 152,034 | € 475,434 | € 665,411 | ▲ 40% |
| Retained profit | € 486,936 | € 659,991 | € 710,462 | € 742,484 | ▲ 5% |
| Dividend | € 194,431 | € 57,750 | € 42,438 | € 0 | ▼ 100% |
| Bank debt | € 408,024 | € 368,393 | € 519,257 | € 463,192 | ▼ 11% |
| Balance sheet total | € 1,347,963 | € 1,256,232 | € 1,376,602 | € 1,364,757 | ▼ 1% |
| Employees (FTE) | 8.9 | 9.4 | 3.8 | 0.5 | ▼ 3.3 |
Key figures of GIORGI, 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 GIORGI?
What happened at GIORGI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,023 (▼ 66% vs 2024). filed late Source: NBB ↗
- New establishment in Bastogne. KBO
- Start of the company according to the CBE. KBO
- Annick PONDANT became a director. NBB
- Grégory FRASELLE became a director. NBB
In short
From € 314,802 profit in 2022 to € 32,023 profit in 2025.
Paid € 287,553 in corporate taxes since 2022.
Best year ever: 2022, with € 314,802 profit.
On average € 119,400 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
Behind GIORGI are Annick PONDANT and Grégory FRASELLE.
Directors
According to the 2025 annual accounts
Annick PONDANT
Director
since 2006
Grégory FRASELLE
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Rue de Marche 6
6600 Bastogne
Place Mac-Auliffe 30
6600 Bastogne
Active since 23 February 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0879.224.628
- VAT number
- BE 0879.224.628
- Registered office
- Rue de Marche 6, 6600 Bastogne
- Names & denominations
- GIORGI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2006
- Peppol
- Active · Active since 5 Oct 2025
- Contact
- giorgi.be
- Activities · NACE
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Restaurants van het traditionele type
Hotels en dergelijke accommodatie
Hotels en motels, met restaurant
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Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Eetgelegenheden met beperkte bediening