GILCON
ActiveGILCON has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.28M and a net result of €241k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 1036 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-3
Solvency64▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.66 in 2024; short-term debt: 39.7% and cash: 18.3% of total assets), but 61.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.6%
Return on assets
4.1%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
76 d early
2023
61 d early
2022
45 d early
2021
72 d early
2020
78 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.28M▲ 5.0%
2024 · €2.17M
2018: €881k
2019: €1.01M
2020: €1.47M
2021: €1.50M
2022: €1.58M
2023: €1.82M
2024: €2.17M
2018 → 2025
Total assets
€5.92M▲ 13.9%
2024 · €5.20M
2018: €2.86M
2019: €3.76M
2020: €4.26M
2021: €4.82M
2022: €4.31M
2023: €5.91M
2024: €5.20M
2018 → 2025
Net result
€241k▼ 32.2%
2024 · €356k
2018: €-3k
2019: €127k
2020: €1.02M
2021: €51k
2022: €122k
2023: €286k
2024: €356k
2018 → 2025
Working capital
€1.24M▲ 10.9%
2024 · €1.11M
2018: €-124k
2019: €-188k
2020: €934k
2021: €928k
2022: €814k
2023: €1.17M
2024: €1.11M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.50M-€1.58M▲ 5.3%€1.82M▲ 15.2%€2.17M▲ 19.5%€2.28M▲ 5.0%
Operating result€118k-€225k▲ 90.1%€504k▲ 124%€620k▲ 23.0%€430k▼ 30.7%
Net result€51k-€122k▲ 139%€286k▲ 135%€356k▲ 24.2%€241k▼ 32.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.92M
Fixed assets
€2.33M▼ 2.3%
Current assets
€3.58M▲ 27.7%
Equity and liabilities €5.92M
Equity
€2.28M▲ 5.0%
Provisions
€204k▼ 4.7%
Debt
€3.43M▲ 22.2%
The debt ratio rises from 54.0% to 58.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€667k▼
2024 · €883k
Cash flow
€478k▼
2024 · €618k
Solvency
38.6%▼
2024 · 41.9%
Current ratio
1.53▼
2024 · 1.66
Quick ratio
0.60▲
2024 · 0.50
Debt / equity
1.50▲
2024 · 1.29
ROE
10.6%▼
2024 · 16.3%
ROA
4.1%▼
2024 · 6.8%
Interest coverage
9.54▲
2024 · 9.32
Debt
€3.43M▲
2024 · €2.81M
Debt ≤ 1 year
€2.35M▲
2024 · €1.69M
Debt > 1 year
€1.06M▼
2024 · €1.09M
Income taxes
€129k▼
2024 · €180k
Staff costs
€658k▲
2024 · €579k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.20M€5.92M▲
Fixed assets21/28€2.39M€2.33M▼
Tangible fixed assets22/27€2.39M€2.33M▼
Land and buildings22€1.93M€1.87M▼
Plant, machinery and equipment23€85k€61k▼
Furniture and vehicles24€374k€399k▲
Other tangible fixed assets26-€0
Current assets29/58€2.81M€3.58M▲
Stocks and contracts in progress3€1.96M€2.18M▲
Stocks30/36€1.96M€2.18M▲
Amounts receivable within one year40/41€258k€318k▲
Trade receivables40€258k€292k▲
Other amounts receivable41-€26k
Cash at bank and in hand54/58€588k€1.08M▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€5.20M€5.92M▲
Equity10/15€2.17M€2.28M▲
Contributions10/11€50k€50k=
Reserves13€2.12M€2.23M▲
Tax-exempt reserves132€875k€834k▼
Distributable reserves133€1.25M€1.40M▲
Provisions and deferred taxes16€214k€204k▼
Deferred taxes168€214k€204k▼
Amounts payable17/49€2.81M€3.43M▲
Amounts payable after more than one year17€1.09M€1.06M▼
Financial debts170/4€1.09M€1.06M▼
Amounts payable within one year42/48€1.69M€2.35M▲
Current portion of amounts payable after more than one year42€146k€150k▲
Financial debts43€500k€200k▼
Credit institutions430/8€500k€200k▼
Trade debts44€836k€1.89M▲
Suppliers440/4€836k€1.89M▲
Taxes, remuneration and social security45€211k€104k▼
Taxes450/3€154k€38k▼
Remuneration and social security454/9€57k€65k▲
Accrued charges and deferred income492/3€25k€19k▼
Income statement
Code20242025
Non-recurring operating income76A€53k€46k▼
Remuneration, social security and pensions62€579k€658k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€263k€237k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-25k€-13k▲
Other operating charges640/8€29k€24k▼
Non-recurring operating charges66A€319-
Gross operating margin9900€1.47M€1.34M▼
Operating profit (loss)9901€620k€430k▼
Financial income75/76B€57€26▼
Recurring financial income75€57€26▼
Financial charges65/66B€95k€70k▼
Recurring financial charges65€95k€70k▼
Profit (loss) for the period before taxes9903€525k€360k▼
Transfer from deferred taxes780€10k€10k▼
Income taxes67/77€180k€129k▼
Profit (loss) for the period9904€356k€241k▼
Transfer from tax-exempt reserves789€41k€40k▼
Profit (loss) for the period to be appropriated9905€397k€282k▼
Appropriation of the result
Profit (loss) to be appropriated9906€397k€282k▼
Transfer from equity791/2€877€132k▲
Transfer to equity691/2€397k€282k▼
To other reserves6921€397k€282k▼
Profit to be distributed694/7€877€132k▲
Return on contributions (dividend)694€877€132k▲
Social balance
Average headcount (FTE)90877.88.6▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.17M ▲19.5%
6 profitable years in a row build equity to €2.17M.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €1.02M ▲705%
Operating result €1.32M, net result €1.02M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.11
Current ratio from 0.89 to 2.11; short-term debt falls from €1.72M to €839k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €127k
Net result €127k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.01M ▲14.5%
Equity rises from €881k to €1.01M.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geldenaaksebaan 3213001 LeuvenGround area
2,644 m²
Building footprint
332 m²
Volume, LiDAR
1,838 m³
Parcel 24514C0024/00D005, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA GILCON
since 20042.138.818.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0024/00D005 | Flanders | 2,644 m² | 1 · 332 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,546 EUR awarded · 5,601 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,860 EUR | 1,583 EUR |
| 2024 | 1 | 1,753 EUR | 1,681 EUR |
| 2023 | 1 | 782 EUR | 1,509 EUR |
| 2022 | 1 | 1,151 EUR | 828 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,375 companies in sector 95311 we hold annual accounts for 2,958. 1,181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-1981
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
47300Retail sale of automotive fuel
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.