Turnover
≈ €160,000 estimated
The accounts state no turnover.
GIL
Lifetime
18 annual accounts with figures on one time axis, 24 filings since 2001peak €42,933 (2023)
€40,151▲ 113%
lowest -€9,906 (2022)
€20,683▲ 140%
peak €110,523 (2025)
€110,523▲ 23.0%
€20,449▲ 36.7%
Board4 names since 2021
1 directorLOLA
Owners2 names in the annual accounts
100%LOLA
Documentsfilings and deeds
04-06-202635 days late
2025micro format
Gross margin from €18,834 to €40,151Result from €8,626 to €20,683Registered office moved within Antwerp 10-03Equity from €89,840 to €110,523Debts from €14,964 to €20,449Cash from €2,797 to €165
Key points
from the 2025 annual accountsChecked score
56
Fair
Financially stronger than 65% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.5 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.8%▼ -0.1 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.1 percentage points vs 11-2025
01-2026: 1.0%▲ +0.1 percentage points vs 12-2025
02-2026: 1.3%▲ +0.3 percentage points vs 01-2026
03-2026: 1.5%▲ +0.2 percentage points vs 02-2026
04-2026: 1.6%▲ +0.1 percentage points vs 03-2026
05-2026: 2.2%▲ +0.6 percentage points vs 04-2026
06-2026: 2.8%▲ +0.6 percentage points vs 05-2026highest value
07-2026: 1.7%▼ -1.1 percentage points vs 06-2026
08-2026: 1.7%● unchanged vs 07-2026
09-2026: 1.7%● unchanged vs 08-2026
10-2026: 1.7%● unchanged vs 09-2026
11-2026: 1.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 2.13, cash €165, halved
Last filed accounts filed 35 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €130,972
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 (no NACE code, micro). It does better than 81% of them on solvency, 29% on liquidity, 71% on profitability and 78% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as GIL has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of GIL itself is higher: 1.7% within 12 months. It rests on far more data about GIL than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for GIL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.13 (0.52 in 2024), above the usual 1.5. Short-term debt is 15.6% and cash 0.1% of total assets. 15.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-06-2026, 35 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
35 days late
2024
43 days early
2023
11 days early
2022
26 days early
2021
33 days early
2020
31 days late
2019
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 7 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 4 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Board and ownership
- L.N.E. 100%score 67equity €706,858 (2025) · deed of 09-04-2024
- LOLA 100%score 90equity €1.0m (2025) · 2025 annual accounts of LOLA
Recent changes
Registered office moved within Antwerp
New registered office: Quinten Matsijslei 7 bus 401, 2018 Antwerpen · Previous registered office: Rubenslei 8 bus 5, 2018 Antwerpen · Resignation: L.N.E. (managing director) · General meeting of 19-12-2024 · Gazette deed
Registered office moved within Antwerp
New registered office: Rubenslei 8 bus 5, 2018 Antwerpen · Previous registered office: Kelderstraat 10, 2000 Antwerpen · Permanent representative: Lea Pessahova · Board meeting of 01-09-2021 · Gazette deed
1 director appointed, 2 resignations
Resignations: Gilles Coens and Brigitte Jacobs · Appointment: L.N.E. NV · Permanent representative: Lea Pessahova · General meeting of 27-07-2021 · Gazette deed
Official details
Source: KBO- Status
- Active since 15-11-2000Normal situation
- Activity
- “Beheer van eigen patrimonium.” (deed in Dutch)From the articlesNo NACE code in the KBO yet
- Establishment unit
- 2.323.575.0182018 Antwerp, since 15-11-2000
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Insights on GIL
GIL files the micro format. That format states no turnover. The gross margin rose from €9,202 in 2007 to €40,151 in 2025.
L.N.E. holds all the shares. In March 2025, the Official Gazette published the appointment of LOLA as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GIL
- What is the company number of GIL?
- The company number of GIL is 0473.275.866. The VAT number is the same number with BE in front: BE 0473.275.866.
- Where is GIL based?
- The registered office is at Quinten Matsijslei 7, 2018 Antwerp.Company details
- What is the legal form of GIL?
- GIL is a public limited company (NV).
- When was GIL founded?
- GIL was founded on 15-11-2000.
- Is GIL still active?
- Yes, GIL is an active enterprise in the KBO register.
- What is the turnover of GIL?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €40,151 and 2,941 comparable companies of the same size. It probably lies between €97,000 and €290,000. It is a rough estimate.Financials
- Is GIL profitable?
- In financial year 2025, GIL made a profit of €20,683.
- Where can I find the annual accounts of GIL?
- GIL filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GIL due?
- GIL must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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