Gildan Activewear EU
The computed 12-month bankruptcy probability of Gildan Activewear EU is 2.2% (moderate). The 2024 annual accounts show equity of €18.89M and a net result of €2.33M. Equity is growing by ~5.1% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €18.89M |
| Net result | €2.33M |
| Staff (FTE) | 1 |
| Active | 5 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 14 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | ander |
| Revenue | €93.34M |
| EBITDA | €5.59M |
| Net profit | €2.33M |
| Cash flow | €2.35M |
| Staff costs | €1.13M |
| Income taxes | €501k |
| Dividends | - |
| Total assets | €82.54M |
| Equity | €18.89M |
| Debt | €63.65M |
| of which ≤ 1y | €62.79M |
| of which > 1y | €863k |
| Working capital | €19.72M |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 1.31 |
| Quick ratio | 0.47 |
| Working capital ratio | 23.9% |
| Solvency | 22.9% |
| Debt / equity | 3.37 |
| Long-term debt ratio | 0.05 |
| Interest coverage | 1.85 |
| Gross margin | 11.5% |
| Net margin | 2.5% |
| ROA | 2.8% |
| ROE | 12.4% |
| EBITDA margin | 6.0% |
| Days sales outstanding | 90d |
| Days payable outstanding | 278d |
| Inventory turnover | 1.55 |
| Days inventory (DSI) | 236d |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €82.54M |
| Fixed assets | 21/28 | €31k |
| Tangible fixed assets | 22/27 | €31k |
| Current assets | 29/58 | €82.51M |
| Stocks & contracts in progress | 3 | €53.31M |
| Amounts receivable within one year | 40/41 | €28.42M |
| Cash & bank | 54/58 | €786k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €82.54M |
| Equity | 10/15 | €18.89M |
| Contributions / capital | 10/11 | €13.37M |
| Accumulated profits (losses) | 14 | €5.53M |
| Amounts payable | 17/49 | €63.65M |
| Amounts payable after one year | 17 | €863k |
| Amounts payable within one year | 42/48 | €62.79M |
| Trade debts payable within one year | 44 | €62.79M |
| Income statement | ||
| Turnover | 70 | €93.34M |
| Operating result | 9901 | €5.57M |
| Financial income | 75 | €287k |
| Financial charges | 65 | €3.02M |
| Result before taxes | 9903 | €2.83M |
| Income taxes | 67/77 | €501k |
| Net result for the period | 9904 | €2.33M |
| Result to be appropriated | 9905 | €2.33M |
| NACE primary | Groothandel in kleding, met uitzondering van werk- en onderkleding(46423) |
| Legal form | Private limited company(610) |
| Incorporation | 12-05-2021 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-06-2025 3 reappointed
- Marc Fraimund, Commissaris
- Marc-André Leblanc, Commissaris
- Chuck J. Ward, Commissaris
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}27-11-2024 1 director appointed, 1 reappointed
- Henri Tack, Dagelijks bestuur
- KPMG Réviseurs d'Entreprises BV/SRL, Commissaris
Technical details
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}04-01-2023 1 director appointed, 1 resigning
- Henri Tack, Dagelijks bestuur
- Frederic Poesen, Commissaris
Technical details
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}| Legal nameFR | Gildan Activewear EU |