GIELEN MARC
ActiveSummary
GIELEN MARC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €8k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+67
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 12.54 against 20.01 in 2024; short-term debt: 7.5% and cash: 81.9% of total assets), and 7.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.5%
Return on assets
6.7%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
24 d early
2023
8 d early
2022
31 d early
2021
4 d early
2020
1 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 3.9%
2024 · €107k
2018: €60k
2019: €64k
2020: €86k
2021: €101k
2022: €111k
2023: €115k
2024: €107k
2018 → 2025
Total assets
€121k▲ 6.8%
2024 · €113k
2018: €75k
2019: €73k
2020: €124k
2021: €146k
2022: €136k
2023: €144k
2024: €113k
2018 → 2025
Net result
€8k
2024 · €-8k
2018: €2k
2019: €4k
2020: €22k
2021: €15k
2022: €10k
2023: €4k
2024: €-8k
2018 → 2025
Working capital
€105k▼ 0.3%
2024 · €105k
2018: €56k
2019: €55k
2020: €79k
2021: €95k
2022: €107k
2023: €124k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€111k▲ 10.1%€115k▲ 3.7%€107k▼ 6.8%€112k▲ 3.9%
Operating result€24k-€17k▼ 27.5%€8k▼ 51.7%€-6k€10k
Net result€15k-€10k▼ 33.6%€4k▼ 59.5%€-8k€8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€7k ▲ 202%
Current assets
€114k ▲ 2.9%
Equity and liabilities €121k
Equity
€112k ▲ 3.9%
Debt
€9k ▲ 64.2%
Debt's share of the balance-sheet total rises from 4.9% to 7.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €-4k
Cash flow
€12k▲
2024 · €-6k
Current ratio
12.54▼
2024 · 20.01
Quick ratio
12.17▼
2024 · 20.01
Debt to equity
0.08▲
2024 · 0.05
ROE
7.2%▲
2024 · -7.3%
ROA
6.7%▲
2024 · -6.9%
Interest coverage
11.31▲
2024 · -2.82
Debt ≤ 1 year
€9k▲
2024 · €6k
Income taxes
€894▲
2024 · €198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€121k▲
Fixed assets21/28€2k€7k▲
Tangible fixed assets22/27€2k€7k▲
Plant, machinery and equipment23€978€4k▲
Furniture and vehicles24€1k€3k▲
Current assets29/58€111k€114k▲
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€36k€7k▼
Trade receivables40€29k€2k▼
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€72k€99k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€113k€121k▲
Equity10/15€107k€112k▲
Contributions10/11€6k€6k=
Reserves13€109k€105k▼
Distributable reserves133€109k€105k▼
Profit (loss) carried forward14€-8k€237▲
Amounts payable17/49€6k€9k▲
Amounts payable within one year42/48€6k€9k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€749€1k▲
Taxes450/3€749€1k▲
Other amounts payable47/48€0€4k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€692€712▲
Non-recurring operating charges66A€312€0▼
Gross operating margin9900€-3k€14k▲
Operating profit (loss)9901€-6k€10k▲
Financial income75/76B€0€474▲
Recurring financial income75€0€474▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-8k€9k▲
Income taxes67/77€198€894▲
Profit (loss) for the period9904€-8k€8k▲
Profit (loss) for the period to be appropriated9905€-8k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€237▲
Profit (loss) brought forward from the previous period14P-€-8k
Transfer from equity791/2-€4k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€4k
Return on contributions (dividend)694-€4k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k ▼290%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 20.01
Current ratio from 8.34 to 20.01; short-term debt falls from €17k to €6k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €101k ▲17.9%
4 profitable years in a row build equity to €101k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €22k ▲466%
Operating result €34k, net result €22k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Houthalen-Helchteren · 1 establishment unit since 2011
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.
Europarklaan 2183530 Houthalen-HelchterenGround area
858 m²
Building footprint
139 m²
Volume, LiDAR
648 m³
Parcel 72014C0458/00R002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Europarklaan 218, 3530 Houthalen-Helchteren
since 20112.201.099.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72014C0458/00R002 | Flanders | 858 m² | 1 · 139 m² | 6.6 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 602 EUR awarded · 555 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 494 EUR | 447 EUR |
| 2023 | 1 | 108 EUR | 108 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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MANUTHERM
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,936 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.