GIJBELS CONSTRUCT
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 09-06-2026 PDF all 33 filings
Turnover
€1,906
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€15,882▼ 327%
2024 · -€3,718
Working capital
-€273,813▲ 10.0%
2024 · -€304,285
In the rankings
#2 company by equity in Oudsbergen, Real estate sector#4 company by total assets in Oudsbergen, Real estate sector#10 oldest company in Oudsbergen, Real estate sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€67,173
▲ 2.3%
2025
20182025
Net result
-€15,882
▼ 327%
2025
middle half of the sector
20182025
Equity
€11.2m
▼ 0.1%
2025
highest quarter of the sector
20182025
Total assets
€14.3m
▲ 0.5%
2025
highest quarter of the sector
20182025
Debt
€3.1m
▲ 2.8%
2025
20182025
Working capital
-€273,813
▲ 10.0%
2025
middle half of the sector
20182025
Solvency
78.3%
▼ 0.5pp
2025
highest quarter of the sector
20182025
Current ratio
0.60
▲ 0.07
2025
middle half of the sector
20182025
Return on assets (ROA)
-0.1%
▼ 0.1pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€0.002m
Operating result€0.04m-€0.04m▲ 7.4%€0.03m▼ 14.2%€0.05m▲ 51.2%€0.06m▲ 14.1%€0.06m▲ 2.3%€0.07m▲ 11.6%€0.07m▲ 2.3%
Net result-€0.06m--€0.1m▼ 119%€0.2mabove the sector's middle half-€0.1mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 3.3%€5.6mabove the sector's middle half-€0.004mwithin the sector's middle half-€0.02mwithin the sector's middle half▼ 327%
Equity€5.8m-€5.6m▼ 2.2%€5.8mabove the sector's middle half▲ 3.8%€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€13.3m-€13.4m▲ 0.3%€14.4mabove the sector's middle half▲ 7.6%€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€7.6m-€7.8m▲ 2.1%€8.6m▲ 10.4%€8.5m▼ 0.3%€8.4m▼ 1.1%€3.0m▼ 64.1%€3.0m▼ 0.3%€3.1m▲ 2.8%
Working capital-€7.5m--€7.7m▼ 1.7%-€8.2mbelow the sector's middle half▼ 6.7%-€8.2mbelow the sector's middle half▲ 0.1%-€8.3mbelow the sector's middle half▼ 1.3%-€0.4mbelow the sector's middle half▲ 95.5%-€0.3mbelow the sector's middle half▲ 17.7%-€0.3mwithin the sector's middle half▲ 10.0%
Solvency43.1%-42.1%▼ 1.1pp40.6%within the sector's middle half▼ 1.5pp40.2%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 ratio0.01-0.01=0.04below the sector's middle half▲ 0.030.04below 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)-0.4%--1.0%▼ 0.5pp1.5%within the sector's middle half▲ 2.4pp-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 sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 2% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
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
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.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | - | €5.5m | €5.5m | €5.5m | €272,683 |
| Mortgage mandates | - | - | - | - | €5.3m |
| Carrying value of the mortgaged assets | - | €3.4m | €3.4m | €3.4m | - |
| Pledge on the business | - | €5.1m | €5.1m | €5.1m | €1.6m |
| Mandates to pledge the business | - | - | - | - | €4.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Auditor
The auditor is Finvision Bedrijfsrevisoren.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €2,758 | €1,200 | €1,260 | €1,300 | €2,100 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 2.4% |
| Turnover70 | - | €0.002m | - | - | - | - | - | - | - |
| Other operating income74 | - | - | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 2.4% |
| Operating charges60/66A | - | - | €0.4m | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 2.4% |
| Services and other goods61 | - | - | €0.4m | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 2.4% |
| Other operating charges640/8 | - | - | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 3.1% |
| Operating profit (loss)9901 | €0.04m | €0.04m | €0.03m | €0.05m | €0.06m | €0.06m | €0.07m | €0.07m | ▲ 2.3% |
| Financial income75/76B | - | - | €0.4m | €0.002m | - | €5.6m | - | €0.01m | - |
| Recurring financial income75 | - | €0.02m | €465 | €0.002m | - | €5.6m | - | €0.01m | - |
| Income from financial fixed assets750 | - | - | - | - | - | €5.6m | - | - | - |
| Income from current assets751 | - | - | - | - | - | - | - | €0.01m | - |
| Other financial income752/9 | - | - | €465 | €0.002m | - | - | - | - | - |
| Non-recurring financial income76B | - | - | €0.4m | - | - | - | - | - | - |
| Financial charges65/66B | - | - | €0.2m | €0.2m | €0.2m | €0.07m | €0.07m | €0.1m | ▲ 38.3% |
| Recurring financial charges65 | €0.06m | €0.2m | €0.2m | €0.2m | €0.2m | €0.07m | €0.07m | €0.1m | ▲ 38.3% |
| Debt charges650 | €0.06m | - | - | - | - | - | - | - | - |
| Other financial charges652/9 | - | - | €0.2m | €0.2m | €0.2m | €0.07m | €0.07m | €0.1m | ▲ 38.3% |
| Non-recurring financial charges66B | - | - | €0.01m | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.03m | -€0.1m | €0.2m | -€0.1m | -€0.1m | €5.6m | -€0.004m | -€0.01m | ▼ 271% |
| Income taxes67/77 | €0.03m | - | - | - | - | - | - | €0.002m | - |
| Taxes670/3 | - | - | - | - | - | - | - | €0.002m | - |
| Profit (loss) for the period9904 | -€0.06m | -€0.1m | €0.2m | -€0.1m | -€0.1m | €5.6m | -€0.004m | -€0.02m | ▼ 327% |
| Profit (loss) for the period to be appropriated9905 | -€0.06m | -€0.1m | €0.2m | -€0.1m | -€0.1m | €5.6m | -€0.004m | -€0.02m | ▼ 327% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €13.3m | €13.4m | €14.4m | €14.3m | €14.1m | €14.3m | €14.3m | €14.3m | ▲ 0.5% |
| Fixed assets21/28 | €13.3m | €13.3m | €14.0m | €13.9m | €13.9m | €13.9m | €13.9m | €13.9m | = |
| Tangible fixed assets22/27 | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | = |
| Land and buildings22 | - | - | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | €3.4m | = |
| Financial fixed assets28 | €9.9m | €9.9m | €10.6m | €10.5m | €10.5m | €10.5m | €10.5m | €10.5m | = |
| Affiliated companies280/1 | - | - | €10.6m | €10.5m | €10.5m | €10.5m | €10.5m | €10.5m | = |
| Participating interests280 | - | - | €10.6m | €10.5m | €10.5m | €10.5m | €10.5m | €10.5m | = |
| Current assets29/58 | €0.05m | €0.08m | €0.4m | €0.4m | €0.2m | €0.4m | €0.3m | €0.4m | ▲ 19.6% |
| Amounts receivable within one year40/41 | €0.006m | - | €0.3m | €0.1m | €0.006m | €0.006m | €0.03m | - | - |
| Trade receivables40 | - | - | - | - | €0.006m | - | €0.03m | - | - |
| Other amounts receivable41 | - | - | €0.3m | €0.1m | - | €0.006m | €215 | - | - |
| Cash at bank and in hand54/58 | €0.04m | €0.08m | €0.1m | €0.2m | €0.2m | €0.4m | €0.3m | €0.4m | ▲ 31.8% |
| Deferred charges and accrued income490/1 | - | - | €217 | - | - | €0.002m | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €13.3m | €13.4m | €14.4m | €14.3m | €14.1m | €14.3m | €14.3m | €14.3m | ▲ 0.5% |
| Equity10/15 | €5.8m | €5.6m | €5.8m | €5.7m | €5.6m | €11.2m | €11.2m | €11.2m | ▼ 0.1% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Capital10 | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Issued capital100 | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Revaluation surpluses12 | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €2.8m | €2.6m | €2.9m | €2.7m | €2.6m | €8.3m | €8.2m | €8.2m | ▼ 0.2% |
| Non-distributable reserves130/1 | - | - | €0.02m | €0.02m | €0.02m | €0.2m | €0.2m | €0.2m | = |
| Legal reserve130 | - | - | €0.02m | €0.02m | €0.02m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | €2.8m | €2.7m | €2.6m | €8.0m | €8.0m | €8.0m | ▼ 0.2% |
| Amounts payable17/49 | €7.6m | €7.8m | €8.6m | €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 | €7.6m | €7.8m | €8.6m | €8.5m | €8.4m | €0.7m | €0.7m | €0.7m | ▲ 5.8% |
| Trade debts44 | €0.07m | €0.006m | €0.04m | €0.005m | €0.004m | €0.009m | €0.002m | €0.004m | ▲ 70.6% |
| Suppliers440/4 | - | - | €0.04m | €0.005m | €0.004m | €0.009m | €0.002m | €0.004m | ▲ 70.6% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €0.002m | - |
| Taxes450/3 | - | - | - | - | - | - | - | €0.002m | - |
| Other amounts payable47/48 | - | - | €8.5m | €8.5m | €8.4m | €0.7m | €0.7m | €0.7m | ▲ 5.3% |
| Accrued charges and deferred income492/3 | - | - | €398 | - | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.06m | -€0.1m | €0.2m | -€0.1m | -€0.1m | €5.6m | -€0.004m | -€0.02m | ▼ 327% |
| Operating cash flow (approximation) | -€0.06m | -€0.1m | €0.2m | -€0.1m | -€0.1m | €5.6m | -€0.004m | -€0.02m | ▼ 327% |
| Investment in fixed assets (approximation) | - | €0 | -€0.7m | €0.1m | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.04m | €0.04m | €0.1m | -€0.09m | €0.2m | -€0.04m | €0.1m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-06-2026 | 2026-00153081 | |
| 31-12-2024 | full format | 05-08-2025 | 2025-00367290 | |
| 31-12-2023 | full format | 03-06-2024 | 2024-00111270 | |
| 31-12-2022 | full format | 14-06-2023 | 2023-00136347 | |
| 31-12-2021 | full format | 15-08-2022 | 2022-20288110 | |
| 31-12-2020 | full format | 20-06-2021 | 2021-22100485 | |
| 31-12-2019 | full format | 07-07-2020 | 2020-26600347 | |
| 31-12-2018 | full format | 10-07-2019 | 2019-31100077 | |
| 31-12-2017 | full format | 07-08-2018 | 2018-43500505 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-54900148 |