GILICON
ActiveSummary
GILICON has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €338k and a net result of €-35k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-7
Solvency42▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.07 in 2024; short-term debt: 53.3% and cash: 2.4% of total assets), and 83.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.8%
Return on assets
-1.7%
Age of the figures
15 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
21 d late
2023
2 d early
2022
1 d early
2021
4 d early
2020
1 d early
2019
92 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€338k▼ 9.3%
2024 · €373k
Total assets
€2.01M▼ 14.3%
2024 · €2.34M
Net result
€-35k
2024 · €26k
Working capital
€128k▲ 42.0%
2024 · €90k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€79k▲ 2,591%€5k▼ 94.0%€21k▲ 348%€96k▲ 351%€18k▼ 81.1%
Net result€61k▲ 1,475%€37k▼ 40.0%€6k▼ 83.6%€26k▲ 342%€-35k
Equity€304k▲ 25.0%€340k▲ 12.0%€346k▲ 1.8%€373k▲ 7.6%€338k▼ 9.3%
Total assets€1.62M▼ 23.7%€1.63M▲ 0.1%€2.24M▲ 37.7%€2.34M▲ 4.6%€2.01M▼ 14.3%
Debt€1.32M▼ 30.0%€1.29M▼ 2.6%€1.89M▲ 47.2%€1.97M▲ 4.1%€1.67M▼ 15.2%
Working capital€404k▼ 7.4%€324k▼ 19.9%€62k▼ 80.8%€90k▲ 45.0%€128k▲ 42.0%
Staff (FTE)10.7▲ 1.9%10.8▲ 0.9%8.5▼ 21.3%7.9▼ 7.1%7.8▼ 1.3%
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 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.01M
Fixed assets
€810k ▼ 11.7%
Current assets
€1.20M ▼ 15.9%
Equity and liabilities €2.01M
Equity
€338k ▼ 9.3%
Debt
€1.67M ▼ 15.2%
Debt's share of the balance-sheet total falls from 84.1% to 83.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€184k▼
2024 · €233k
Cash flow
€131k▼
2024 · €163k
Current ratio
1.12▲
2024 · 1.07
Quick ratio
0.73▲
2024 · 0.58
Debt to equity
4.94▼
2024 · 5.28
ROE
-10.3%▼
2024 · 7.1%
ROA
-1.7%▼
2024 · 1.1%
Interest coverage
3.02▼
2024 · 3.49
Debt ≤ 1 year
€1.07M▼
2024 · €1.33M
Debt > 1 year
€598k▼
2024 · €635k
Income taxes
€2k▼
2024 · €14k
Staff costs
€538k▲
2024 · €505k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €3k | €372 | - | - |
| Remuneration, social security and pensions62 | - | €517k | €532k | €505k | €538k | ▲ 6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52k | €58k | €99k | €137k | €166k | ▲ 21.2% |
| Other operating charges640/8 | - | €3k | €4k | €11k | €2k | ▼ 78.3% |
| Gross operating margin9900 | €716k | €583k | €657k | €749k | €724k | ▼ 3.3% |
| Operating profit (loss)9901 | €79k | €5k | €21k | €96k | €18k | ▼ 81.1% |
| Financial income75/76B | - | €57k | €20k | €11k | €10k | ▼ 7.7% |
| Recurring financial income75 | €7k | €57k | €20k | €11k | €10k | ▼ 7.7% |
| Financial charges65/66B | - | €23k | €34k | €67k | €61k | ▼ 8.8% |
| Recurring financial charges65 | €24k | €23k | €34k | €67k | €61k | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | €62k | €39k | €8k | €40k | €-33k | ▼ 183% |
| Income taxes67/77 | €994 | €2k | €2k | €14k | €2k | ▼ 87.2% |
| Profit (loss) for the period9904 | €61k | €37k | €6k | €26k | €-35k | ▼ 232% |
| Profit (loss) for the period to be appropriated9905 | €61k | €37k | €6k | €26k | €-35k | ▼ 232% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.62M | €1.63M | €2.24M | €2.34M | €2.01M | ▼ 14.3% |
| Fixed assets21/28 | €168k | €182k | €679k | €918k | €810k | ▼ 11.7% |
| Intangible fixed assets21 | €2k | €945 | - | - | - | - |
| Tangible fixed assets22/27 | €165k | €180k | €678k | €916k | €809k | ▼ 11.7% |
| Land and buildings22 | - | €49k | €262k | €452k | €401k | ▼ 11.2% |
| Plant, machinery and equipment23 | - | €60k | €49k | €38k | €24k | ▼ 37.7% |
| Furniture and vehicles24 | - | €54k | €99k | €116k | €116k | ▲ 0.4% |
| Leasing and similar rights25 | - | - | €175k | €136k | €97k | ▼ 28.6% |
| Other tangible fixed assets26 | - | €17k | €92k | €174k | €170k | ▼ 2.1% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €1.46M | €1.44M | €1.56M | €1.42M | €1.20M | ▼ 15.9% |
| Stocks and contracts in progress3 | €39k | €815k | €924k | €647k | €418k | ▼ 35.3% |
| Stocks30/36 | - | €149k | €159k | €149k | €42k | ▼ 72.2% |
| Contracts in progress37 | - | €666k | €765k | €497k | €377k | ▼ 24.3% |
| Amounts receivable within one year40/41 | €615k | €469k | €522k | €666k | €692k | ▲ 4.0% |
| Trade receivables40 | - | €125k | €98k | €184k | €169k | ▼ 8.1% |
| Other amounts receivable41 | - | €344k | €424k | €482k | €524k | ▲ 8.6% |
| Cash at bank and in hand54/58 | €124k | €77k | €27k | €78k | €47k | ▼ 39.3% |
| Deferred charges and accrued income490/1 | - | €82k | €87k | €34k | €40k | ▲ 18.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.62M | €1.63M | €2.24M | €2.34M | €2.01M | ▼ 14.3% |
| Equity10/15 | €304k | €340k | €346k | €373k | €338k | ▼ 9.3% |
| Contributions10/11 | €315k | €315k | €315k | €315k | €315k | = |
| Capital10 | - | €315k | €315k | €315k | €315k | = |
| Issued capital100 | - | €315k | €315k | €315k | €315k | = |
| Reserves13 | €30k | €30k | €31k | €58k | €58k | = |
| Non-distributable reserves130/1 | - | €30k | €31k | €32k | €32k | = |
| Legal reserve130 | - | €30k | €31k | €32k | €32k | = |
| Distributable reserves133 | - | - | - | €26k | €26k | = |
| Profit (loss) carried forward14 | €-41k | €-4k | - | - | €-35k | - |
| Amounts payable17/49 | €1.32M | €1.29M | €1.89M | €1.97M | €1.67M | ▼ 15.2% |
| Amounts payable after more than one year17 | €156k | €141k | €388k | €635k | €598k | ▼ 5.9% |
| Financial debts170/4 | - | €141k | €388k | €635k | €598k | ▼ 5.9% |
| Amounts payable within one year42/48 | €1.05M | €1.12M | €1.50M | €1.33M | €1.07M | ▼ 19.8% |
| Current portion of amounts payable after more than one year42 | - | €35k | €73k | €104k | €62k | ▼ 40.8% |
| Financial debts43 | - | €500k | €645k | €596k | €565k | ▼ 5.2% |
| Credit institutions430/8 | - | €500k | €645k | €596k | €565k | ▼ 5.2% |
| Trade debts44 | €437k | €526k | €615k | €555k | €352k | ▼ 36.6% |
| Suppliers440/4 | - | €526k | €615k | €555k | €352k | ▼ 36.6% |
| Taxes, remuneration and social security45 | - | €58k | €88k | €57k | €78k | ▲ 37.8% |
| Taxes450/3 | - | €7k | €28k | €13k | €9k | ▼ 28.7% |
| Remuneration and social security454/9 | - | €51k | €60k | €44k | €69k | ▲ 56.9% |
| Other amounts payable47/48 | - | - | €76k | €22k | €13k | ▼ 40.5% |
| Accrued charges and deferred income492/3 | - | €24k | €7k | - | €3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €37k | €6k | €26k | €-35k | ▼ 232% |
| + Depreciation and write-downs630 | €52k | €58k | €99k | €137k | €166k | ▲ 21.2% |
| Operating cash flow (approximation) | €113k | €94k | €105k | €163k | €131k | ▼ 19.6% |
| Investment in fixed assets (approximation) | - | €-72k | €-596k | €-375k | €-59k | ▲ 84.3% |
| Change in cash | - | €-47k | €-50k | €51k | €-31k | ▼ 160% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series.
21-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €61k ▲1,475%
Net result €61k, the highest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
08-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-10
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Tienen · 1 establishment unit since 2004
Ground area
2,463 m²
Building footprint
166 m²
Volume, LiDAR
870 m³
Parcel 24031B0146/00W000, Flanders · tallest building 11.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Gilicon
since 20042.139.068.150
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24031B0146/00W000 | Flanders | 2,463 m² | 1 · 166 m² | 11.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 · 5 entries · 4,529 EUR awarded · 3,918 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 611 EUR | 621 EUR |
| 2024 | 1 | 621 EUR | 567 EUR |
| 2023 | 2 | 2,459 EUR | 2,270 EUR |
| 2022 | 1 | 838 EUR | 460 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies ecologisch en veilig transport (stopgezet)
Recognitions · licences · registrations
Recognised contractor
19 categoriesGILICON NV32097
Dual-learning approval
4 live approvalsHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Similar companies · same sector, comparable size
TZL Renovatie & Gevelwerken
BE 0685.642.223
Genk · Eq €337,752
BOUWBEDRIJF DE KEERSMAECKER
BE 0430.631.203
Aalter · Eq €337,672
NET TRADE
BE 0898.240.091
Maasmechelen · Eq €338,118
DAN INVEST & CO
BE 0563.315.820
Liège · Eq €337,434
Rasenberg Bouw
BE 0840.065.035
Brasschaat · Eq €337,369
Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 10,611 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-07-2000
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.