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GIELKENS

Active
Private limited company (pre-2019)founded 1990active for 36 yearsKogelstraat 13, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0440.781.361
Summary

GIELKENS has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €28,563. Equity has been growing by about 4.7% per year since 2018. Its solvency ranks better than 45% of 331 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-05-1990 Normal situation
Activity
Cutting, shaping and finishing of stone NACE 23700
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.050.226.246 3740 Bilzen-Hoeselt, since 09-07-1990
2.050.226.345 3700 Tongeren-Borgloon, since 10-04-1995
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • GIELKENS ErikDirector · since 31-05-1994
  • GIELKENS MichelDirector · since 31-05-1994
  • GIELKENS NorbertDirector · since 31-05-1994

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€1.1m
▼ 11.4%
Turnover
≈ €2.0m
estimated
Profit
€28,563
▼ 78.6%
Equity
€1.6m
▲ 1.9%
Total assets
€4.1m
▼ 6.7%
Employees on 31-12-2025
14
▼ 6.7%
Filed on 19-06-2026, 42 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.59, cash €148,3882 of the last 3 accounts lateSize: 13.1 FTE, total assets €4.1mlowers riskFounded in 1990Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of small companies in non-metallic mineral products (NACE 23)
Financial strength · tick: 2024
Average
Solvency 63+3
equity 38.1% of total assets
Liquidity 37-3
short-term debt 38.4% · cash 3.6%
Profitability 70-3
return on assets 0.7%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (233 companies, NACE 23, small)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.5 percentage points vs 07-2025 09-2025: 1.6%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -1.3 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.59 (1.56 in 2024), above the usual 1.5. Short-term debt is 38.4% and cash 3.6% of total assets. However, 61.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, small). It does better than 42% of them on solvency, 32% on liquidity, 48% on profitability and 41% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.59, cash €148,388
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 13.1 FTE, total assets €4.1m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
60 days late
2023
61 days late
2022
92 days late
2021
3 days early
2020
39 days early
2019
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €133,715 to €28,563 ▼ 78.6% View
  • Positive: More equity than 82% of companies in non-metallic mineral productssector median €434,884 · 331 companies €1.6m View
  • Positive: 6 profitable years in a rowprofit 2025: €28,563 6 years View
  • Flemish supportawarded from 2022 to 2025 €71,882 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as GIELKENS: cutting, shaping and finishing of stone (NACE 23700). They are comparable in size and age: total assets between €2.1m and €4.8m, founded between 1983 and 1998.

CompanyTotal assetsGross margin
GIELKENS Bilzen-Hoeselt€4.1m€1.1m
GRANIGO Lummen€3.0m€1.3m
FEDRIGO Bilzen-Hoeselt€3.2m€0.9m
SEEGERS NATUURSTEEN Dilsen-Stokkem€2.1m€0.9m
B.W. BELGIUM Aalst€2.4m€1.2m
VERHELST NATUURSTEEN Oudenburg€2.6m€1.3m
L.W.Z. - Casa de la Pietra Sankt Vith€4.8m€2.0m
Full comparison

Key facts about GIELKENS

What is the company number of GIELKENS?
The company number of GIELKENS is 0440.781.361. The VAT number is the same number with BE in front: BE 0440.781.361.
Where is GIELKENS based?
The registered office is at Kogelstraat 13, 3740 Bilzen-Hoeselt.Company details
What does GIELKENS do?
According to the KBO register, the main activity is cutting, shaping and finishing of stone (NACE 23700).
What is the legal form of GIELKENS?
The legal form of GIELKENS is Private limited company (pre-2019) (BVBA).
When was GIELKENS founded?
GIELKENS was founded on 07-05-1990.
Is GIELKENS still active?
Yes, GIELKENS is an active enterprise in the KBO register.
How many employees does GIELKENS have?
GIELKENS had an average of 13.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GIELKENS fall under?
In its 2025 annual accounts, GIELKENS states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of GIELKENS?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.1m and 1,584 comparable companies of the same size. It probably lies between €1.3m and €3.2m. It is a rough estimate. In financial year 2021 turnover was €2.1m.
Is GIELKENS profitable?
In financial year 2025, GIELKENS made a profit of €28,563.
Where can I find the annual accounts of GIELKENS?
GIELKENS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GIELKENS due?
GIELKENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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