Equity
€337,829 from €620,806 in 2012
Equity fell by 46% in 13 years.
GILICON
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2001peak €1.7m (2008)
€724,285▼ 3.3%
lowest -€577,089 (2013)
-€34,754▼ €61,129
peak €620,806 (2012)
€337,829▼ 9.3%
€1.7m▼ 15.2%
peak 26.5 FTE (2009)
7.8 FTE▼ 1.3%
Board3 names since 2017
1 directorGILIS INVEST
Owners
99.01%GILIS INVEST
Documentsfilings and deeds
27-02-202627 days late
2025abbreviated format
Loss of €34,754Debts from €2.0m to €1.7mCash from €77,871 to €47,297
Key points
from the 2025 annual accountsResult
-€34,754 -€34,754
From profit to loss in 2025, after a profit of €26,375 in 2024.
Debts
€1.7m 83% of the balance sheet
Financial debts 70%Suppliers 21%Taxes and wages 5%Other 5%
€500,000 of the debts are secured on the company's own assets. In 2022 that was €500,000.
Staff
7.8 FTE from 26.5 in 2009
Between 2009 and 2025, 71% of the full-time equivalents disappeared.
Filings
24 annual accounts since 2001
Two of the last ten came late. The 2025 accounts came latest: 27 days after the end of the period.
Position in the sector
-€34,754
Lower net result than 88% of companies in construction of buildings. Sector median €19,022 · 2,812 companies.
Checked score
63
Healthy
Financially stronger than 24% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.8%▲ +0.4 percentage points vs 12-2024
02-2025: 2.3%▲ +0.5 percentage points vs 01-2025highest value
03-2025: 1.3%▼ -1.0 percentage point vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025
08-2025: 1.3%● unchanged vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.6%▲ +0.3 percentage points vs 12-2025
02-2026: 2.2%▲ +0.6 percentage points vs 01-2026
03-2026: 1.2%▼ -1.0 percentage point vs 02-2026lowest value
04-2026: 1.2%● unchanged vs 03-2026lowest value
05-2026: 1.2%● unchanged vs 04-2026lowest value
06-2026: 1.2%● unchanged vs 05-2026lowest value
07-2026: 1.2%● unchanged vs 06-2026lowest value
08-2026: 1.2%● unchanged vs 07-2026lowest value
09-2026: 1.2%● unchanged vs 08-2026lowest value
10-2026: 1.3%▲ +0.1 percentage points vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Equity €337,829 (16.8% of total assets)
Size: 7.8 FTE, total assets €2.0m
lowers risk
Founded in 2000
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 41, micro). It does better than 24% of them on solvency, 21% on liquidity, 25% on profitability and 26% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as GILICON has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of GILICON itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,450 companies, not a prediction for GILICON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.07 in 2024), below the usual 1.5. Short-term debt is 53.3% and cash 2.4% of total assets. 83.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 2818 sector peers (2025).
NBB · sector comparisonPosition among 2818 sector peers
Solvency
better than 25%
← weakest
strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
21 days late
2023
2 days early
2022
1 day early
2021
4 days early
2020
1 day early
2019
92 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 7 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- GILIS INVEST 99.01%equity €970,981 (2025) · 30-09-2025 annual accounts of GILIS INVEST
Recent changes
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies · Hoegaarden
1 director appointed, 2 resignations
Resignations: BONAIRE (managing director) and GILIS INVEST · Permanent representative: GILIS Christophe · Appointment: GILIS INVEST (director) · General meeting of 14-12-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie Vlaams-Brabant
Environmental permit granted
Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies and 1 more · Hoegaarden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GILICON Tienen | €2.0m | €724,285 | 16.8% | 7.8 |
| LWK Hamont-Achel | €1.7m | €662,798 | 24.5% | 8.1 |
| Reynders Louis Bouwbedrijf Riemst | €2.2m | €592,402 | 54.9% | 8.2 |
| Chris Frodure Bouwt Ardooie | €2.2m | €841,361 | 23.9% | 9 |
| DEMA BOUW Halle | €2.0m | €628,523 | 23.8% | 5.7 |
| COMPTE PIERRE, ALGEMENE ONDERNEMINGEN Wemmel | €2.0m | €546,469 | 97.1% | 9 |
| ALGEMENE BOUWONDERNEMING CAELS en PARTNERS Diest | €1.4m | €584,746 | 5.4% | 6.7 |
These companies have the same main activity as GILICON: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.4m and €2.2m, founded between 1992 and 2005.
Official details
Source: KBO- Status
- Active since 10-07-2000Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 30-06-2025
- Establishment unit
- 2.139.068.1503300 Tienen, since 23-07-2004
- Financial year end
- 30 June
- Peppol
- Reachable
Annual accounts to 30-06-2025
- ≈ €1.5mestimated
- €2.0m▼ 14.3%
- Employeeson 30-06-2025
- 8=
- Filing
- Filed on 27-02-2026
Insights on GILICON
GILICON files the abbreviated format. That format states no turnover. The gross margin rose from €107,254 in 2006 to €724,285 in 2025.
GILIS INVEST holds 99.01% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GILICON
- What is the company number of GILICON?
- The company number of GILICON is 0472.356.445. The VAT number is the same number with BE in front: BE 0472.356.445.
- Where is GILICON based?
- The registered office is at Ezemaalstraat 32, 3300 Tienen.Company details
- What does GILICON do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of GILICON?
- GILICON is a public limited company (NV).
- When was GILICON founded?
- GILICON was founded on 10-07-2000.
- Is GILICON still active?
- Yes, GILICON is an active enterprise in the KBO register.
- How many employees does GILICON have?
- GILICON had an average of 7.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GILICON fall under?
- In its 30-06-2025 annual accounts, GILICON states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of GILICON?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €724,285 and 30 comparable companies (NACE 41001). It probably lies between €1.2m and €2.3m.
- Is GILICON profitable?
- In financial year 2025, GILICON made a loss of €34,754.
- Where can I find the annual accounts of GILICON?
- GILICON filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GILICON due?
- GILICON must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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