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GILATECH

Active
Private limited companyfounded 2025active for 1 yearBosstraat 128, 3500 Hasselt, BelgiumKBO/BCE: BE 1022.240.042
Summary

GILATECH has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,594 and a net result of €34,594. Its solvency ranks better than 44% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €160,000
Estimated: probably between €130,000 and €210,000
Total assets
€70,619
Net result
€34,594
Working capital
€19,831

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €69,910
Fixed assets €23,994
Current assets €45,916
Equity and liabilities €70,619
Equity €37,594
Debt €33,025
Debt finances 46.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€46,796
Cash flow
€37,526
Current ratio
1.76
Debt to equity
0.88
ROE
92.0%
ROA
49.0%
Interest coverage
over 100
Debt ≤ 1 year
€26,085
Debt > 1 year
€6,940
Income taxes
€8,908

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€70,619
Formation expenses20€709
Fixed assets21/28€23,994
Tangible fixed assets22/27€21,144
Plant, machinery and equipment23€4,371
Furniture and vehicles24€16,773
Financial fixed assets28€2,850
Current assets29/58€45,916
Amounts receivable within one year40/41€24,263
Trade receivables40€24,189
Other amounts receivable41€73
Cash at bank and in hand54/58€19,332
Deferred charges and accrued income490/1€2,322
Equity and liabilities
Total equity and liabilities10/49€70,619
Equity10/15€37,594
Contributions10/11€3,000
Reserves13€34,500
Distributable reserves133€34,500
Profit (loss) carried forward14€94
Amounts payable17/49€33,025
Amounts payable after more than one year17€6,940
Financial debts170/4€6,940
Amounts payable within one year42/48€26,085
Current portion of amounts payable after more than one year42€7,298
Financial debts43€2,232
Credit institutions430/8€2,232
Trade debts44€515
Suppliers440/4€515
Taxes, remuneration and social security45€15,740
Taxes450/3€13,640
Remuneration and social security454/9€2,100
Other amounts payable47/48€300
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,932
Other operating charges640/8€189
Gross operating margin9900€46,986
Operating profit (loss)9901€43,865
Financial income75/76B€7
Recurring financial income75€7
Financial charges65/66B€370
Recurring financial charges65€370
Profit (loss) for the period before taxes9903€43,502
Income taxes67/77€8,908
Profit (loss) for the period9904€34,594
Profit (loss) for the period to be appropriated9905€34,594
Appropriation of the result
Profit (loss) to be appropriated9906€34,594
Transfer to equity691/2€34,500
To other reserves6921€34,500

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,932
Other operating charges640/8€189
Gross operating margin9900€46,986
Operating profit (loss)9901€43,865
Financial income75/76B€7
Recurring financial income75€7
Financial charges65/66B€370
Recurring financial charges65€370
Profit (loss) for the period before taxes9903€43,502
Income taxes67/77€8,908
Profit (loss) for the period9904€34,594
Profit (loss) for the period to be appropriated9905€34,594
Line2025
Assets
Total assets20/58€70,619
Formation expenses20€709
Fixed assets21/28€23,994
Tangible fixed assets22/27€21,144
Plant, machinery and equipment23€4,371
Furniture and vehicles24€16,773
Financial fixed assets28€2,850
Current assets29/58€45,916
Amounts receivable within one year40/41€24,263
Trade receivables40€24,189
Other amounts receivable41€73
Cash at bank and in hand54/58€19,332
Deferred charges and accrued income490/1€2,322
Equity and liabilities
Total equity and liabilities10/49€70,619
Equity10/15€37,594
Contributions10/11€3,000
Reserves13€34,500
Distributable reserves133€34,500
Profit (loss) carried forward14€94
Amounts payable17/49€33,025
Amounts payable after more than one year17€6,940
Financial debts170/4€6,940
Amounts payable within one year42/48€26,085
Current portion of amounts payable after more than one year42€7,298
Financial debts43€2,232
Credit institutions430/8€2,232
Trade debts44€515
Suppliers440/4€515
Taxes, remuneration and social security45€15,740
Taxes450/3€13,640
Remuneration and social security454/9€2,100
Other amounts payable47/48€300
Line2025
Profit (loss) for the period9904€34,594
+ Depreciation and write-downs630€2,932
Operating cash flow (approximation)€37,526

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00315555

Similar companies · same sector, comparable size

Of the 29,902 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,962. 15,337 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.