Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The accounts state no turnover.
€403,911 of the debts are secured on the company's own assets. In 2021 that was €913,431.
Eight of the last ten came late. The 2019 accounts came latest: 68 days after the end of the period.
Lower solvency than 84% of companies in real estate. Sector median 30.2% · 12,427 companies.
In July 2024, 1,215 companies had the same profile as GILIMMO has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,215 companies, not a prediction for GILIMMO. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| GILIMMO Grez-Doiceau | €1.1m | €71,560 | -0.2% | - |
| Gezondheidscentrum Gullegem Wevelgem | €1.1m | €69,824 | 95.3% | - |
| IMMO NAPOLEON Sint-Gillis (bij-Brussel) | €1.2m | €71,502 | 43.6% | - |
| HELANPA Kortrijk | €1.2m | €77,410 | 25.3% | - |
| BOYG-Belgique Frasnes-lez-Anvaing | €1.2m | €78,370 | 13.7% | 0 |
| BOUWONDERNEMING VANWYNGENE Zwevegem | €1.1m | €78,476 | 64.1% | - |
| LALAING Celles (lez-Tournai) | €1.0m | €79,796 | 6.6% | - |
These companies have the same main activity as GILIMMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1m and €1.2m, founded between 2008 and 2010.
GILIMMO files the abbreviated format. That format states no turnover. The gross margin rose from €22,511 in 2012 to €71,560 in 2025.
The balance sheet grew most in 2020 through fixed assets, financed with long-term debt.
holds all 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.
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