BERNARD GILLET
ActiveBERNARD GILLET has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €432k and a net result of €89k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 3550 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+2
Solvency76▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.45 in 2023; short-term debt: 34.2% and cash: 17.9% of total assets), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
27 d early
2022
4 d early
2021
11 d early
2020
16 d early
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€89k▲ 23.8%
2023 · €72k
2018: €89k
2019: €61k
2020: €39k
2021: €51k
2022: €62k
2023: €72k
2018 → 2024
Working capital
€126k▲ 18.2%
2023 · €107k
2018: €51k
2019: €48k
2020: €79k
2021: €110k
2022: €111k
2023: €107k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€278k-€325k▲ 17.1%€346k▲ 6.4%€376k▲ 8.8%€432k▲ 14.9%
Operating result€58k-€74k▲ 28.2%€92k▲ 23.4%€106k▲ 16.0%€130k▲ 22.1%
Net result€39k-€51k▲ 32.2%€62k▲ 21.5%€72k▲ 16.3%€89k▲ 23.8%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 22% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €842k
Fixed assets
€428k▼ 3.1%
Current assets
€414k▲ 21.0%
Equity and liabilities €842k
Equity
€432k▲ 14.9%
Debt
€409k▲ 0.6%
The debt ratio falls from 52.0% to 48.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€167k▲
2023 · €149k
Cash flow
€127k▲
2023 · €115k
Solvency
51.4%▲
2023 · 48.0%
Current ratio
1.44▼
2023 · 1.45
Quick ratio
1.32▲
2023 · 1.31
Debt / equity
0.95▼
2023 · 1.08
ROE
20.6%▲
2023 · 19.2%
ROA
10.6%▲
2023 · 9.2%
Interest coverage
31.61▲
2023 · 21.64
Debt
€409k▲
2023 · €407k
Debt ≤ 1 year
€288k▲
2023 · €235k
Debt > 1 year
€122k▼
2023 · €172k
Income taxes
€39k▲
2023 · €31k
Staff costs
€424k▲
2023 · €354k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€784k€842k▲
Fixed assets21/28€442k€428k▼
Tangible fixed assets22/27€433k€419k▼
Land and buildings22€398k€391k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€33k€25k▼
Financial fixed assets28€9k€9k=
Current assets29/58€342k€414k▲
Stocks and contracts in progress3€33k€34k▲
Stocks30/36€33k€34k▲
Amounts receivable within one year40/41€127k€225k▲
Trade receivables40€115k€195k▲
Other amounts receivable41€12k€30k▲
Cash at bank and in hand54/58€178k€151k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€784k€842k▲
Equity10/15€376k€432k▲
Contributions10/11€6k€6k=
Reserves13€315k€374k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€315k€374k▲
Profit (loss) carried forward14€19€0▼
Investment grants15€55k€52k▼
Amounts payable17/49€407k€409k▲
Amounts payable after more than one year17€172k€122k▼
Financial debts170/4€172k€122k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€235k€288k▲
Current portion of amounts payable after more than one year42€53k€50k▼
Trade debts44€135k€174k▲
Suppliers440/4€135k€174k▲
Taxes, remuneration and social security45€46k€62k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€38k€44k▲
Other amounts payable47/48€926€953▲
Accrued charges and deferred income492/3€300€300=
Income statement
Code20232024
Remuneration, social security and pensions62€354k€424k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€37k▼
Other operating charges640/8€11k€7k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€514k€598k▲
Operating profit (loss)9901€106k€130k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€103k€128k▲
Income taxes67/77€31k€39k▲
Profit (loss) for the period9904€72k€89k▲
Profit (loss) for the period to be appropriated9905€72k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€89k▲
Profit (loss) brought forward from the previous period14P€19€19=
Transfer from equity791/2€38k€30k▼
Transfer to equity691/2€72k€89k▲
To other reserves6921€72k€89k▲
Profit to be distributed694/7€38k€30k▼
Return on contributions (dividend)694€38k€30k▼
Social balance
Average headcount (FTE)90879.110.4▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €89k ▲23.8%
Operating result €130k, net result €89k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €39k ▼36.7%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue André Ernst 14800 VerviersGround area
2,813 m²
Building footprint
712 m²
Volume, LiDAR
4,418 m³
Parcel 63059A0316/00W000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BERNARD GILLET SPRL
since 20032.178.159.645
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63059A0316/00W000 | Wallonia | 2,813 m² | 1 · 712 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesBERNARD GILLET SRL35256
Similar companies · same sector, comparable size
E.G. Maintenance
BE 0556.710.021
Charleroi · Eq €432k
VACO POORTEN
BE 0463.579.430
Zele · Eq €432k
Tj-Technieken
BE 0799.613.263
Hasselt · Eq €433k
BVK SECURITY
BE 0693.775.078
Lede · Eq €432k
VEILIGHEID & COMFORT
BE 0458.536.816
Lommel · Eq €432k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,326. 6,834 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
27402Manufacture of electrical equipment
33200Installation of industrial machinery and equipment
43240Other construction installation
43299Specialised construction activities
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:087/23 16 18