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GIJBELS CONSTRUCT

Active
Public limited companyfounded 199333 yrs activeIndustrieweg-Noord 1161, 3660 Oudsbergen, BelgiumKBO/BCE: BE 0450.289.440
Summary

GIJBELS CONSTRUCT has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of -€15,882. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800,000 at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.53 in 2024; short-term debt: 4.8% and cash: 2.9% of total assets), and 21.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.3%
Return on assets
-0.1%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
5 d late
2023
58 d early
2022
47 d early
2021
15 d late
2020
41 d early
2019
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 June 1993, GIJBELS CONSTRUCT was incorporated.1 HOME PROMOTION NV was merged into the company in 2026.2 The company has filed 33 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 23-03-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, full schema

Turnover
€1,906
EBIT margin
2038.4%
Net result
-€15,882▼ 327%
2024 · -€3,718
Working capital
-€273,813▲ 10.0%
2024 · -€304,285
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€50,430▲ 51.2%€57,545▲ 14.1%€58,840▲ 2.3%€65,674▲ 11.6%€67,173▲ 2.3%
Net result-€114,070below the sector's middle half-€110,319below the sector's middle half▲ 3.3%€5.6mabove the sector's middle half-€3,718within the sector's middle half-€15,882within the sector's middle half▼ 327%
EBIT margin
Equity€5.7mabove the sector's middle half▼ 2.0%€5.6mabove the sector's middle half▼ 1.9%€11.2mabove the sector's middle half▲ 100.0%€11.2mabove the sector's middle half=€11.2mabove the sector's middle half▼ 0.1%
Total assets€14.3mabove the sector's middle half▼ 0.9%€14.1mabove the sector's middle half▼ 1.4%€14.3mabove the sector's middle half▲ 1.4%€14.3mabove the sector's middle half▼ 0.1%€14.3mabove the sector's middle half▲ 0.5%
Debt€8.5m▼ 0.3%€8.4m▼ 1.1%€3.0m▼ 64.1%€3.0m▼ 0.3%€3.1m▲ 2.8%
Working capital-€8.2mbelow the sector's middle half▲ 0.1%-€8.3mbelow the sector's middle half▼ 1.3%-€369,756below the sector's middle half▲ 95.5%-€304,285below the sector's middle half▲ 17.7%-€273,813within the sector's middle half▲ 10.0%
Solvency40.2%within the sector's middle half▼ 0.4pp39.9%within the sector's middle half▼ 0.2pp78.8%above the sector's middle half▲ 38.8pp78.8%above the sector's middle half=78.3%above the sector's middle half▼ 0.5pp
Current ratio0.04below the sector's middle half=0.02below the sector's middle half▼ 0.020.49within the sector's middle half▲ 0.470.53within the sector's middle half▲ 0.040.60within the sector's middle half▲ 0.07
Return on assets (ROA)-0.8%within the sector's middle half▼ 2.3pp-0.8%within the sector's middle half=39.4%above the sector's middle half▲ 40.2pp0.0%within the sector's middle half▼ 39.4pp-0.1%within the sector's middle half▼ 0.1pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0m€6.0mOperating result 2021: €50,430€50,430Net result 2021: -€114,070-€114,070Operating result 2022: €57,545€57,545Net result 2022: -€110,319-€110,319Operating result 2023: €58,840€58,840Net result 2023: €5.6m€5.6mOperating result 2024: €65,674€65,674Net result 2024: -€3,718-€3,718Operating result 2025: €67,173€67,173Net result 2025: -€15,882-€15,88220212022202320242025-€2m€0€2m€4m€6mOperating result 2023: €58,840€58,800Net result 2023: €5.6m€5.6mOperating result 2024: €65,674€65,700Net result 2024: -€3,718-€3,720Operating result 2025: €67,173€67,200Net result 2025: -€15,882-€15,900202320242025
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.3m
Fixed assets €13.9m =
Current assets €416,548 ▲ 19.6%
Equity and liabilities €14.3m
Equity €11.2m ▼ 0.1%
Debt €3.1m ▲ 2.8%
Debt's share of the balance-sheet total rises from 21.2% to 21.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.28▲
2024 · 0.27
ROE
-0.1%▼
2024 · 0.0%
Debt ≤ 1 year
€690,361▲
2024 · €652,426
Debt > 1 year
€2.4m▲
2024 · €2.4m
Income taxes
€2,080
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€14.3m€14.3m▲
Fixed assets21/28€13.9m€13.9m=
Tangible fixed assets22/27€3.4m€3.4m=
Land and buildings22€3.4m€3.4m=
Financial fixed assets28€10.5m€10.5m=
Affiliated companies280/1€10.5m€10.5m=
Participating interests280€10.5m€10.5m=
Current assets29/58€348,141€416,548▲
Amounts receivable within one year40/41€32,148-
Trade receivables40€31,933-
Other amounts receivable41€215-
Cash at bank and in hand54/58€315,993€416,548▲
Equity and liabilities
Total equity and liabilities10/49€14.3m€14.3m▲
Equity10/15€11.2m€11.2m▼
Contributions10/11€2.0m€2.0m=
Capital10€2.0m€2.0m=
Issued capital100€2.0m€2.0m=
Revaluation surpluses12€966,180€966,180=
Reserves13€8.2m€8.2m▼
Non-distributable reserves130/1€201,789€201,789=
Legal reserve130€201,789€201,789=
Distributable reserves133€8.0m€8.0m▼
Amounts payable17/49€3.0m€3.1m▲
Amounts payable after more than one year17€2.4m€2.4m▲
Other amounts payable178/9€2.4m€2.4m▲
Amounts payable within one year42/48€652,426€690,361▲
Trade debts44€2,089€3,564▲
Suppliers440/4€2,089€3,564▲
Taxes, remuneration and social security45-€2,080
Taxes450/3-€2,080
Other amounts payable47/48€650,337€684,717▲
Income statement Code20242025
Operating income70/76A€401,562€411,165▲
Other operating income74€401,562€411,165▲
Operating charges60/66A€335,888€343,992▲
Services and other goods61€319,588€327,182▲
Other operating charges640/8€16,300€16,810▲
Operating profit (loss)9901€65,674€67,173▲
Financial income75/76B-€14,961
Recurring financial income75-€14,961
Income from current assets751-€14,961
Financial charges65/66B€69,392€95,936▲
Recurring financial charges65€69,392€95,936▲
Other financial charges652/9€69,392€95,936▲
Profit (loss) for the period before taxes9903-€3,718-€13,802▼
Income taxes67/77-€2,080
Taxes670/3-€2,080
Profit (loss) for the period9904-€3,718-€15,882▼
Profit (loss) for the period to be appropriated9905-€3,718-€15,882▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,718-€15,882▼
Transfer from equity791/2€3,718€15,882▲
From reserves792€3,718€15,882▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€328,178€274,039€336,789€401,562€411,165▲ 2.4%
Other operating income74€328,178€274,039€336,789€401,562€411,165▲ 2.4%
Operating charges60/66A€277,748€216,494€277,949€335,888€343,992▲ 2.4%
Services and other goods61€263,529€202,174€262,252€319,588€327,182▲ 2.4%
Other operating charges640/8€14,219€14,320€15,697€16,300€16,810▲ 3.1%
Operating profit (loss)9901€50,430€57,545€58,840€65,674€67,173▲ 2.3%
Financial income75/76B€1,915-€5.6m-€14,961-
Recurring financial income75€1,915-€5.6m-€14,961-
Income from financial fixed assets750--€5.6m---
Income from current assets751----€14,961-
Other financial income752/9€1,915-----
Financial charges65/66B€166,415€167,864€69,201€69,392€95,936▲ 38.3%
Recurring financial charges65€166,415€167,864€69,201€69,392€95,936▲ 38.3%
Other financial charges652/9€166,415€167,864€69,201€69,392€95,936▲ 38.3%
Profit (loss) for the period before taxes9903-€114,070-€110,319€5.6m-€3,718-€13,802▼ 271%
Income taxes67/77----€2,080-
Taxes670/3----€2,080-
Profit (loss) for the period9904-€114,070-€110,319€5.6m-€3,718-€15,882▼ 327%
Profit (loss) for the period to be appropriated9905-€114,070-€110,319€5.6m-€3,718-€15,882▼ 327%
Line20212022202320242025Change
Assets
Total assets20/58€14.3m€14.1m€14.3m€14.3m€14.3m▲ 0.5%
Fixed assets21/28€13.9m€13.9m€13.9m€13.9m€13.9m=
Tangible fixed assets22/27€3.4m€3.4m€3.4m€3.4m€3.4m=
Land and buildings22€3.4m€3.4m€3.4m€3.4m€3.4m=
Financial fixed assets28€10.5m€10.5m€10.5m€10.5m€10.5m=
Affiliated companies280/1€10.5m€10.5m€10.5m€10.5m€10.5m=
Participating interests280€10.5m€10.5m€10.5m€10.5m€10.5m=
Current assets29/58€361,625€159,748€360,560€348,141€416,548▲ 19.6%
Amounts receivable within one year40/41€121,216€5,915€6,316€32,148--
Trade receivables40-€5,915-€31,933--
Other amounts receivable41€121,216-€6,316€215--
Cash at bank and in hand54/58€240,409€153,833€351,834€315,993€416,548▲ 31.8%
Deferred charges and accrued income490/1--€2,410---
Equity and liabilities
Total equity and liabilities10/49€14.3m€14.1m€14.3m€14.3m€14.3m▲ 0.5%
Equity10/15€5.7m€5.6m€11.2m€11.2m€11.2m▼ 0.1%
Contributions10/11€2.0m€2.0m€2.0m€2.0m€2.0m=
Capital10€2.0m€2.0m€2.0m€2.0m€2.0m=
Issued capital100€2.0m€2.0m€2.0m€2.0m€2.0m=
Revaluation surpluses12€966,180€966,180€966,180€966,180€966,180=
Reserves13€2.7m€2.6m€8.3m€8.2m€8.2m▼ 0.2%
Non-distributable reserves130/1€24,914€24,914€201,789€201,789€201,789=
Legal reserve130€24,914€24,914€201,789€201,789€201,789=
Distributable reserves133€2.7m€2.6m€8.0m€8.0m€8.0m▼ 0.2%
Amounts payable17/49€8.5m€8.4m€3.0m€3.0m€3.1m▲ 2.8%
Amounts payable after more than one year17--€2.3m€2.4m€2.4m▲ 2.0%
Other amounts payable178/9--€2.3m€2.4m€2.4m▲ 2.0%
Amounts payable within one year42/48€8.5m€8.4m€730,316€652,426€690,361▲ 5.8%
Trade debts44€4,560€4,092€8,517€2,089€3,564▲ 70.6%
Suppliers440/4€4,560€4,092€8,517€2,089€3,564▲ 70.6%
Taxes, remuneration and social security45----€2,080-
Taxes450/3----€2,080-
Other amounts payable47/48€8.5m€8.4m€721,799€650,337€684,717▲ 5.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€114,070-€110,319€5.6m-€3,718-€15,882▼ 327%
Operating cash flow (approximation)-€114,070-€110,319€5.6m-€3,718-€15,882▼ 327%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€86,576€198,001-€35,841€100,555▲ 381%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
23-03
State Gazette act Capital & shares · Restructuring
Resignation: HOME PROMOTION (director) · Merger · Dissolution16 facts ▸
  • General meeting, 13/02/2026
  • General meeting, 13/02/2026
  • Merger, 13/02/2026
  • Dissolution, 13-02-2026
  • Share cancellation, fusie
  • Accounting effect, 01/01/2026
  • Director resignation, HOME PROMOTION
  • Director discharge, HOME PROMOTION
  • Real estate, Perceel grond Heikantstraat, sectie A, deel 81HP0000 / 343TP0000, 01a 72ca (LOT 9B)
  • Real estate, Perceel grond Heikantstraat, sectie A, deel 80VP0000 / 343SP0000, 01a 87ca (LOT 9A)
  • Real estate, Perceel grond Heikantstraat, sectie A, deel 81HP0000 / 343WP0000, 02a 04ca (LOT 9D)
  • Real estate, Perceel grond Heikantstraat, sectie A, deel 341DP0000/341EP0000 / 341GP0000, 92ca
  • +4 further facts in this act
2025
05-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 5 days late
2024
03-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €5.6m
Net result €5.6m after 2 loss-making years.
31-12
Financial Equity above €10mEq €11.2m ▲100%
Equity rises from €5.6m to €11.2m.
14-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
15-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 15 days late
2021
20-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €215,211
Net result €215,211 after 2 loss-making years.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet -€127,658
Net result drops to -€127,658, the lowest in the series; recovery starts the following year.
Show earlier events
10-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 33 acts read
About the unread acts

Of the 33 Belgian State Gazette acts we know for this company, 1 has been read. The other 32 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
32 of this company's 33 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oudsbergen · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
4,508 m²
Building footprint
1,354 m²
Volume, LiDAR
14,519 m³
Parcel 71562B0912/00M003, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
18 companies at this address See who is registered here
1 establishment unit
Industrieweg-Noord 1161, 3660 Oudsbergen
NACE 70201
since 19972.063.202.866
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71562B0912/00M003 Flanders 4,508 m² 1 · 1,354 m² 13.8 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
HOME PROMOTION
  • Board, until 23-03-2026
See the board, name and seat on a given date →

Structure & network

Part of the group GIJBELS GROUP 12 companies Group, risk and exposure

Owners and holdings

3 owners · 6 holdings

Chain of control

  1. GIJBELS GROUP 70%
  2. GIJBELS CONSTRUCT

Highest known parent: GIJBELS GROUP. The sources do not say who stands above it.

Owners 3

Holdings 6

According to the 2025 annual accounts of GIJBELS CONSTRUCT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
BE 0420.476.588silent merger · State Gazette act of 23-03-2026 (2 acts) · effective 13-02-2026

Similar companies · same sector, comparable size

Of 11,757 companies in sector 68310 we hold annual accounts for 6,914. 926 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded02-06-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0450289440
Also 9925:BE0450289440

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.