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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 remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 95% of 9,844 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Plumbing work
NACE 43221
1 site
Size
≈ €230,000turnover 2025, estimated
Equity
€159,532
Profit
€30,721
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 45 days early
Why 98raises 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 better than 83% of its sector peers (NACE 43, micro)
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, 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% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.07, compared with 5.27 in 2024, above the usual 1.5; short-term debt: 10% and cash: 73.5% of total assets), and 10% of the assets are financed with debt and provisions.
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 (NACE 43, micro): better than 90% on solvency, 96% on liquidity, 76% on profitability and 71% on growth.

The bankruptcy probability was computed on 28-10-2026 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 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 its 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

This company filed its last 7 accounts on average 51 days before the deadline; the sector median (NACE 43) for financial year 2024 is 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 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Highest result from 2018 to 2025net €30,721 ▲1,446%
  3. Equity above €150,000equity €159,532 ▲23.8%

Key points

  • Positive: Among the best 6% on solvencysector median 44.0% · 9,844 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

By topic

Financials

Financial year
2025
Total assets
€177,347
Profit
€30,721
Solvency
90.0%
Total assets▲ 16.4%
Net result
20182025
Go to Financials

Timeline

Events
39
Since
1995
Next accounts
by 31-07-2027
  1. 11-06-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 19-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
31-12-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Annual meeting
First Friday of April at 18:00
Purpose
“L'exécution de tous travaux en matière de plomberie,zinguerie,de sanitaire,d'électricité y…” (deed in French)
Go to Articles of association

Key facts about GILBAR et CIE

What is the company number of GILBAR et CIE?
0452.025.839. In Belgium the VAT number is the company 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?
Private limited company (BV).
When was GILBAR et CIE 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?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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?
By 31-07-2027, for financial year 2026.Timeline

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