GIELEM
A bankruptcy procedure is open for GIELEM according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €42k and a net result of €-51k.
| Equity | €42k |
| Net result | €-51k |
| Better than sector | 18% |
| Active | 5 yrs |
Fragile profile — watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.8% | 39.5% | |
| Net result | €-51k | €11k | |
| Equity | €42k | €32k | |
| Gross operating margin | €91k | €33k | |
| Staff costs | €91k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €-1k |
| Net profit | €-51k |
| Cash flow | €-13k |
| Staff costs | €91k |
| Income taxes | — |
| Dividends | — |
| Total assets | €359k |
| Equity | €42k |
| Debt | €316k |
| of which ≤ 1y | €221k |
| of which > 1y | €96k |
| Working capital | €13k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 1.06 |
| Quick ratio | 0.85 |
| Working capital ratio | 3.6% |
| Solvency | 11.8% |
| Debt / equity | 7.45 |
| Long-term debt ratio | 2.25 |
| Interest coverage | -0.10 |
| Gross margin | — |
| Net margin | — |
| ROA | -14.3% |
| ROE | -120.5% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €359k |
| Fixed assets | 21/28 | €125k |
| Formation expenses | 20 | €633 |
| Intangible fixed assets | 21 | €6k |
| Tangible fixed assets | 22/27 | €111k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €234k |
| Stocks & contracts in progress | 3 | €47k |
| Amounts receivable within one year | 40/41 | €185k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €359k |
| Equity | 10/15 | €42k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €89k |
| Accumulated profits (losses) | 14 | €-51k |
| Amounts payable | 17/49 | €316k |
| Amounts payable after one year | 17 | €96k |
| Amounts payable within one year | 42/48 | €221k |
| Trade debts payable within one year | 44 | €109k |
| Income statement | ||
| Gross operating margin | 9900 | €91k |
| Operating result | 9901 | €-40k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €-51k |
| Net result for the period | 9904 | €-51k |
| Result to be appropriated | 9905 | €-51k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MICHAEL WARSON KUNSTLAAN 18 BUS 6,
3500 HASSELT |
08-05-2025 → present | Belgian State Gazette |
| Curator | TOM RENCKENS KUNST-
LAAN 18 BUS 6, 3500 HASSELT |
08-05-2025 → present | Belgian State Gazette |
| NACE primary | Specialised construction(43350) |
| Legal form | Private limited company(610) |
| Incorporation | 01-09-2020 |
| Status | Active |
| Postal code | 3670 |
| First BS signal | 24-06-2025 |
| Latest BS signal | 24-06-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72022B1075/00C006 | Flanders | 2,149 m² | 1 · 1,170 m² | 5.9 m |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-04-2023 Mandate of harmens Lemmens as director expired
- harmens Lemmens — Bestuurder
Technical details
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"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": "NN.92060237188",
"name": "harmens Lemmens",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "end_of_term",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-11-15",
"evidence_quote": "Ontslag van volgende bestuurder van harmens Lemmens (N.N.92060237188) en dit vanaf 15 november 2022.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-04-19",
"filing_date": "2023-04-05",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-11-15",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0753.547.369",
"name_full": null,
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Gielen Hans",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GIELEM |