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Gil'S Services

Active
Private limited company (pre-2019)founded 200916 years activeRue de Gembloux(SS) 116, 5002 Namur, BelgiumKBO/BCE: BE 0821.386.102
Summary

The computed 12-month bankruptcy probability of Gil'S Services is 1.7% (moderate). The annual accounts of Gil'S Services for fiscal year 2024 show a net loss of 116% of total assets and of 84% of the equity at the start of that year. The 2024 annual accounts show equity of €310 and a net result of -€1,588. Equity is shrinking by ~48.4% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€1,365total assets 2024
Equity
€310
Loss
-€1,588
Financial health
53 Fair Checked score 2024
Bankruptcy probability, 12 months
1.7%
Structure
Accounts 68 days overdue0 of 1 deed read
Why 53- Figures for FY 2024 (filed 30-07-2025)- No main activity registered+ Size: total assets €1,365+ Founded in 2009Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 48-52
equity 22.7% of total assets
Liquidity 58-33
short-term debt 77.3% · cash 76.1%
Profitability 0=
return on assets -116.4%
Bankruptcy probability, 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 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.5%▼ -0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.7 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 29% on solvency, 54% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1,365
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 30-07-2025)
NBB · annual accounts
raises risk · No main activity registered
KBO
lowers risk · Founded in 2009
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
1819222324
2018 to 2024 · latest year -€1,588
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 day early
2023
1 day early
2022
on the day
2019
144 days late
2018
153 days late
2017
518 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 136 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€12,373

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€1,588 View
  • Total assets 20245 fiscal years filed €1,365 View

By topic

Financials

Fiscal year
2024
Total assets
€1,365
Loss
-€1,588
Solvency
22.7%
Turnover▼ 64.0%
Net result
20222023
Go to Financials

Timeline

Events
12
Since
2014
  1. 31-07-2023Annual accounts filed
  2. 22-12-2020Annual accounts filed
  3. 31-12-2019Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
11-12-2009
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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