GIJSELS
ActiveSummary
GIJSELS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.18M and a net result of €446k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 39% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-3
Solvency60▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity short (current ratio 0.75 against 1.08 in 2024; short-term debt: 46.3% and cash: 16.8% of total assets), and 65% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · 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
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
35%
Return on assets
7.2%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
44 d early
2023
16 d early
2022
20 d early
2021
38 d early
2020
58 d early
2019
65 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, abbreviated schema
Equity
€2.18M▼ 18.7%
2024 · €2.68M
2018: €1.27M
2019: €1.40M
2020: €1.37M
2021: €1.55M
2022: €1.86M
2023: €2.24M
2024: €2.68M
2018 → 2025
Total assets
€6.22M▲ 9.2%
2024 · €5.69M
2018: €2.88M
2019: €2.74M
2020: €2.21M
2021: €2.74M
2022: €3.36M
2023: €4.15M
2024: €5.69M
2018 → 2025
Net result
€446k▼ 20.7%
2024 · €563k
2018: €102k
2019: €123k
2020: €-25k
2021: €394k
2022: €513k
2023: €483k
2024: €563k
2018 → 2025
Working capital
€-708k
2024 · €134k
2018: €206k
2019: €311k
2020: €444k
2021: €267k
2022: €221k
2023: €330k
2024: €134k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.55M-€1.86M▲ 19.5%€2.24M▲ 20.5%€2.68M▲ 19.6%€2.18M▼ 18.7%
Operating result€592k-€756k▲ 27.7%€750k▼ 0.8%€930k▲ 24.0%€767k▼ 17.5%
Net result€394k-€513k▲ 30.4%€483k▼ 5.9%€563k▲ 16.5%€446k▼ 20.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.22M
Fixed assets
€4.04M ▲ 6.7%
Current assets
€2.17M ▲ 14.1%
Equity and liabilities €6.22M
Equity
€2.18M ▼ 18.7%
Provisions
€3k ▼ 9.2%
Debt
€4.04M ▲ 34.1%
Debt's share of the balance-sheet total rises from 52.9% to 65.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2.26M▲
2024 · €2.10M
Cash flow
€1.94M▲
2024 · €1.74M
Current ratio
0.75▼
2024 · 1.08
Quick ratio
0.74▼
2024 · 1.06
Debt to equity
1.86▲
2024 · 1.13
ROE
20.5%▼
2024 · 21.0%
ROA
7.2%▼
2024 · 9.9%
Interest coverage
20.04▲
2024 · 18.86
Debt ≤ 1 year
€2.88M▲
2024 · €1.77M
Debt > 1 year
€1.15M▼
2024 · €1.24M
Income taxes
€210k▼
2024 · €268k
Staff costs
€266k▲
2024 · €167k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.69M€6.22M▲
Fixed assets21/28€3.79M€4.04M▲
Tangible fixed assets22/27€3.79M€4.04M▲
Land and buildings22€962k€948k▼
Plant, machinery and equipment23€498k€701k▲
Furniture and vehicles24€189k€202k▲
Leasing and similar rights25€2.14M€2.19M▲
Financial fixed assets28€405€405=
Current assets29/58€1.90M€2.17M▲
Stocks and contracts in progress3€30k€37k▲
Stocks30/36€30k€37k▲
Amounts receivable within one year40/41€905k€981k▲
Trade receivables40€853k€981k▲
Other amounts receivable41€52k€0▼
Cash at bank and in hand54/58€890k€1.05M▲
Deferred charges and accrued income490/1€78k€108k▲
Equity and liabilities
Total equity and liabilities10/49€5.69M€6.22M▲
Equity10/15€2.68M€2.18M▼
Contributions10/11€31k€31k=
Reserves13€2.65M€2.14M▼
Tax-exempt reserves132€7k€6k▼
Distributable reserves133€2.64M€2.14M▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€3k€3k▼
Deferred taxes168€3k€3k▼
Amounts payable17/49€3.01M€4.04M▲
Amounts payable after more than one year17€1.24M€1.15M▼
Financial debts170/4€1.24M€1.15M▼
Amounts payable within one year42/48€1.77M€2.88M▲
Current portion of amounts payable after more than one year42€1.01M€1.21M▲
Trade debts44€295k€366k▲
Suppliers440/4€295k€366k▲
Taxes, remuneration and social security45€77k€84k▲
Taxes450/3€31k€37k▲
Remuneration and social security454/9€46k€47k▲
Other amounts payable47/48€391k€1.22M▲
Accrued charges and deferred income492/3€602€4k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€167k€266k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.17M€1.49M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k€33k▲
Other operating charges640/8€41k€41k▲
Gross operating margin9900€2.32M€2.60M▲
Operating profit (loss)9901€930k€767k▼
Financial income75/76B€13k€1k▼
Recurring financial income75€13k€1k▼
Financial charges65/66B€112k€113k▲
Recurring financial charges65€112k€113k▲
Profit (loss) for the period before taxes9903€831k€656k▼
Transfer from deferred taxes780€307€307=
Income taxes67/77€268k€210k▼
Profit (loss) for the period9904€563k€446k▼
Transfer from tax-exempt reserves789€901€901=
Profit (loss) for the period to be appropriated9905€564k€447k▼
Appropriation of the result
Profit (loss) to be appropriated9906€564k€447k▼
Transfer from equity791/2€124k€948k▲
Transfer to equity691/2€564k€447k▼
To other reserves6921€564k€447k▼
Profit to be distributed694/7€124k€948k▲
Return on contributions (dividend)694€124k€948k▲
Social balance
Average headcount (FTE)90873.04.3▲
The notes to these accounts (18 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €563k ▲16.5%
Operating result €930k, net result €563k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.24M ▲20.5%
3 profitable years in a row build equity to €2.24M.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €394k
Net result €394k after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-25k ▼120%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
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
1 act for this company is 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, Ranst · 2 establishment units since 2002
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.
Kanaalstraat 172520 RanstGround area
4,388 m²
Building footprint
1,113 m²
Volume, LiDAR
8,519 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Kanaalstraat 17, 2520 Ranst
since 20022.092.832.111
Gijsels BVBA
since 20092.178.176.570
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0507/00G002 | Flanders | 3,023 m² | 1 · 926 m² | 11.0 m · 2 fl. |
| 11015B0306/00G000 | Flanders | 1,364 m² | 1 · 187 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 126 EUR awarded · 126 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 126 EUR | 126 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 2,704 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
Founded15-10-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
77399Renting and leasing of other machinery, equipment and tangible goods
43222Installation of electric heating, air conditioning, cooling and ventilation
47552Retail sale of lighting equipment
77229Renting and leasing of other personal and household goods
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.