Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GIGA Green Turtle from Kinrooi, company number BE1005619388, closed financial year 2025 with a result of € -3.1 million after tax. For that financial year GIGA Green Turtle recorded a gross margin of € -18,992 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -3.3 million to € -3.1 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ -1.3 million
▼ € 3.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.1 million
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 667,524
▲ € 591,270 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.3 million.
Debts at end 2025
€ 24.6 million
▲ 60% vs 2024
€ 10.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 630,084
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -166,877 | € -18,992 | ▲ € 147,885 |
| Profit after taxes | € -3,253,734 | € -3,094,043 | ▲ € 159,691 |
| Equity | € 1,746,266 | € -1,347,777 | ▼ € 3.1 million |
| Total debts | € 16,539,737 | € 28,231,192 | ▲ 71% |
| Cash | € 76,254 | € 667,524 | ▲ € 591,270 |
| Land & buildings | € 14,901,720 | € 14,901,720 | |
| Retained profit | € -3,253,734 | € -6,347,777 | ▼ € 3.1 million |
| Bank debt | € 15,407,409 | € 24,627,557 | ▲ 60% |
| Balance sheet total | € 18,286,003 | € 26,883,415 | ▲ 47% |
Key figures of GIGA Green Turtle, 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 GIGA Green Turtle?
What happened at GIGA Green Turtle in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.1 million. Source: NBB ↗
- Animesh Ranjan became a director. NBB
- Kevin Dijkers became a director. NBB
- Martin Heerma became a director. NBB
- New establishment in Kinrooi. KBO
- JOESI BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3.3 million loss in 2024 to € 3.1 million loss in 2025.
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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 GIGA Assets Belgium comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GIGA Green TurtleBehind GIGA Green Turtle are Animesh Ranjan, Martin Heerma, JOESI BV and Kevin Dijkers. The shares are held by GIGA Assets Belgium (100%).
Directors
According to the 2025 annual accounts
Animesh Ranjan
Director
since 2025
Martin Heerma
Director
since 2024
Managing director · represented by Joeri Siborgs
Also active at: GIGA Storage Belgium, GIGA Assets Belgium, GIGA Blue Marlin
since 2024
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Agropolis Park(Oph) 101
3640 Kinrooi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 2,999 gross margin · 2024
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€ 60,475 gross margin · 2024
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1005.619.388
- VAT number
- BE 1005.619.388
- Registered office
- Agropolis Park(Oph) 101, 3640 Kinrooi
- Names & denominations
- GIGA Green Turtle
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2024
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Transmissie van elektriciteit
Opslag
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Distributie van elektriciteit