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GILATECH

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

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

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

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
22-07-2026
Format
micro format
Reference
2026-00315555
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

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 22-07-2026.

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 in the accounts filed with the National Bank.

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 Document
31-12-2025 micro format 22-07-2026 2026-00315555 NBB

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 18,965. 15,335 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.