Skip to content

GILBAR et CIE

Active
Private limited companyfounded 1993active for 32 yearsKleine Wijngaardstraat 173, 1160 Oudergem, BelgiumKBO/BCE: BE 0452.025.839
Summary

GILBAR et CIE has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159,532 and a net result of €30,721. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 95% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-12-1993 Normal situation
Activity
Plumbing work NACE 43221
Establishment unit
2.066.211.846 1160 Oudergem, since 29-03-1994
Financial year end
31 December
Peppol
Reachable since 26-11-2025

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€49,676
▲ 469%
Turnover
≈ €230,000
estimated
Profit
€30,721
▲ 15×
Equity
€159,532
▲ 23.8%
Total assets
€177,347
▲ 16.4%
Filed on 16-06-2026, 45 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 8.07, cash €130,395Equity €159,532 (90.0% of total assets)Founded in 1993Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 90.0% of total assets
Liquidity 100+3
short-term debt 10.0% · cash 73.5%
Profitability 90+20
return on assets 17.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.07 (5.27 in 2024), above the usual 1.5. Short-term debt is 10% and cash 73.5% of total assets. 10% of the assets are financed with debt and provisions.
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 (NACE 43, micro). It does better than 90% of them on solvency, 96% on liquidity, 76% on profitability and 71% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 8.07, cash €130,395
NBB · annual accounts
lowers risk · Equity €159,532 (90.0% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €159,532
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
50 days early
2023
42 days early
2022
69 days early
2021
31 days early
2020
60 days early
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 51 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 94% of companies in specialised constructionsector median 44.0% · 9,883 companies 90.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €30,721 8 years View

Recent changes

  1. · Gazette deed Change of role: SCHOONENBURG Eric, from manager to director
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as GILBAR et CIE: plumbing work (NACE 43221). They are comparable in size and age: total assets between €163,000 and €220,000, founded between 1993 and 1997.

CompanyTotal assetsGross margin
GILBAR et CIE Oudergem€177,347€49,676
DE SAEDELEER JEAN-LUC Menen€170,090€43,312
SANILUX Begijnendijk€189,054€56,381
André CARTON Celles (lez-Tournai)€162,529€57,829
KEVIN GYSELINCK Antwerpen€172,600€54,435
AMBIANCE CUISINE Philippeville€188,373€40,600
CASTELLI & FILS Etterbeek€220,036€49,372
Full comparison

Key facts about GILBAR et CIE

What is the company number of GILBAR et CIE?
The company number of GILBAR et CIE is 0452.025.839. The VAT number is the same number with BE in front: BE 0452.025.839.
Where is GILBAR et CIE based?
The registered office is at Kleine Wijngaardstraat 173, 1160 Oudergem.Company details
What does GILBAR et CIE do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of GILBAR et CIE?
The legal form of GILBAR et CIE is Private limited company (BV).
When was GILBAR et CIE founded?
GILBAR et CIE was founded on 31-12-1993.
Is GILBAR et CIE still active?
Yes, GILBAR et CIE is an active enterprise in the KBO register.
What is the turnover of GILBAR et CIE?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €49,676 and 32 comparable companies (NACE 432). It probably lies between €140,000 and €280,000.Financials
Is GILBAR et CIE profitable?
In financial year 2025, GILBAR et CIE made a profit of €30,721.
Where can I find the annual accounts of GILBAR et CIE?
GILBAR et CIE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GILBAR et CIE due?
GILBAR et CIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.