GIL CONSTRUCTIONS
ActiveGIL CONSTRUCTIONS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €439k and a net result of €111k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+79
Solvency42▼-58
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 4.82 in 2024), and 77.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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
22.6%
Return on assets
5.7%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 18-09-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
38 d early
2023
28 d late
2022
35 d early
2021
33 d early
2020
32 d early
2019
41 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€111k▲ 94.8%
2024 · €57k
2019: €-24k
2020: €154k
2021: €254k
2022: €209k
2023: €167k
2024: €57k
2019 → 2025
Working capital
€462k▼ 65.2%
2024 · €1.33M
2019: €843k
2020: €957k
2021: €930k
2022: €1.15M
2023: €1.28M
2024: €1.33M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€895k-€1.10M▲ 23.4%€1.27M▲ 15.2%€1.33M▲ 4.5%€439k▼ 67.0%
Operating result€348k-€293k▼ 15.7%€234k▼ 20.4%€79k▼ 66.0%€151k▲ 90.4%
Net result€254k-€209k▼ 17.5%€167k▼ 20.1%€57k▼ 66.1%€111k▲ 94.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 90% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€106k▼ 23.5%
Current assets
€1.83M▲ 9.4%
Equity and liabilities €1.94M
Equity
€439k▼ 67.0%
Provisions
€127k=
Debt
€1.37M▲ 283%
The debt ratio rises from 19.8% to 70.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€190k▲
2024 · €110k
Cash flow
€150k▲
2024 · €87k
Solvency
22.6%▼
2024 · 73.2%
Current ratio
1.34▼
2024 · 4.82
Quick ratio
0.38▼
2024 · 1.17
Debt / equity
3.13▲
2024 · 0.27
ROE
25.2%▲
2024 · 4.3%
ROA
5.7%▲
2024 · 3.1%
Interest coverage
59.77▲
2024 · 31.35
Debt
€1.37M▲
2024 · €359k
Debt ≤ 1 year
€1.37M▲
2024 · €347k
Debt > 1 year
€0▼
2024 · €10k
Income taxes
€38k▲
2024 · €19k
Staff costs
€257k▼
2024 · €261k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.81M€1.94M▲
Fixed assets21/28€138k€106k▼
Tangible fixed assets22/27€138k€106k▼
Plant, machinery and equipment23€91k€70k▼
Furniture and vehicles24€47k€36k▼
Financial fixed assets28€124€124=
Current assets29/58€1.68M€1.83M▲
Stocks and contracts in progress3€1.27M€1.31M▲
Stocks30/36€1.27M€1.31M▲
Amounts receivable within one year40/41€321k€214k▼
Trade receivables40€188k€92k▼
Other amounts receivable41€132k€122k▼
Cash at bank and in hand54/58€66k€289k▲
Deferred charges and accrued income490/1€20k€18k▼
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.94M▲
Equity10/15€1.33M€439k▼
Contributions10/11€19k€19k=
Reserves13€1.31M€420k▼
Distributable reserves133€1.31M€420k▼
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€127k€127k=
Provisions for liabilities and charges160/5€127k€127k=
Pensions and similar obligations160€127k€127k=
Amounts payable17/49€359k€1.37M▲
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€347k€1.37M▲
Current portion of amounts payable after more than one year42€14k€0▼
Trade debts44€133k€275k▲
Suppliers440/4€133k€275k▲
Taxes, remuneration and social security45€24k€22k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€175k€1.08M▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€261k€257k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€39k▲
Other operating charges640/8€11k€16k▲
Gross operating margin9900€381k€463k▲
Operating profit (loss)9901€79k€151k▲
Financial income75/76B€98€36▼
Recurring financial income75€98€36▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€76k€148k▲
Income taxes67/77€19k€38k▲
Profit (loss) for the period9904€57k€111k▲
Profit (loss) for the period to be appropriated9905€57k€111k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€111k▲
Transfer from equity791/2-€889k
Transfer to equity691/2€57k€0▼
To other reserves6921€57k€0▼
Profit to be distributed694/7-€1.00M
Return on contributions (dividend)694-€1.00M
Social balance
Average headcount (FTE)90874.04.0=
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
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Equity above €1MEq €1.10M ▲23.4%
3 profitable years in a row build equity to €1.10M.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Highest result since 2019net €254k ▲64.6%
Operating result €348k, net result €254k, both a record.
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Back to profitnet €154k
Net result €154k after one loss-making year.
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tournai · 1 establishment unit since 1998
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.
Rue de Roubaix(TEM) 1087520 TournaiGround area
1,093 m²
Building footprint
158 m²
Volume, LiDAR
789 m³
Parcel 57078A0237/00E000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Roubaix(TEM) 108, 7520 Tournai
since 19982.086.539.185
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57078A0237/00E000 | Wallonia | 1,093 m² | 1 · 158 m² | 6.9 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.
Similar companies · same sector, comparable size
Domix
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CAMAS
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ALFA WONING
BE 0838.889.949
Mortsel · Eq €439k
BOLSTER
BE 0839.416.620
Ternat · Eq €438k
algemene bouwonderneming boschmans en zonen
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 9,643 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-1998
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.