GILISSEN
ActiveSummary
GILISSEN has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €9k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 94% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+7
Solvency100=
Growth72▲+21
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 11.84 against 7.07 in 2023; short-term debt: 4.4% and cash: 20.3% of total assets), and 6.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
24 d early
2022
25 d early
2021
34 d early
2020
20 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€50k▲ 27.3%
2023 · €40k
2018: €32k
2019: €34k
2020: €34k
2021: €35k
2022: €38k
2023: €40k
2018 → 2024
EBIT margin
32.0%▼ 7.3pp
2023 · 39.3%
2018: 7.6%
2019: 35.6%
2020: 35.8%
2021: 34.8%
2022: 31.5%
2023: 39.3%
2018 → 2024
Net result
€9k
2023 · €-736
2018: €73
2019: €9k
2020: €10k
2021: €10k
2022: €10k
2023: €-736
2018 → 2024
Working capital
€49k▲ 24.0%
2023 · €40k
2018: €15k
2019: €23k
2020: €9k
2021: €17k
2022: €32k
2023: €40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€34k-€35k▲ 2.3%€38k▲ 8.3%€40k▲ 4.0%€50k▲ 27.3%
Equity€69k-€79k▲ 14.4%€89k▲ 12.9%€88k▼ 0.8%€97k▲ 9.8%
Operating result€12k-€12k▼ 0.5%€12k▼ 2.2%€16k▲ 29.8%€16k▲ 3.7%
Net result€10k-€10k▲ 2.8%€10k▲ 2.2%€-736€9k
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€49k ▼ 1.8%
Current assets
€54k ▲ 16.3%
Equity and liabilities €103k
Equity
€97k ▲ 9.8%
Debt
€6k ▼ 23.8%
Debt's share of the balance-sheet total falls from 8.6% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2023 · €24k
Cash flow
€18k▲
2023 · €8k
Current ratio
11.84▲
2023 · 7.07
Debt to equity
0.07▼
2023 · 0.09
ROE
8.9%▲
2023 · -0.8%
ROA
8.4%▲
2023 · -0.8%
Interest coverage
198.36▲
2023 · 21.90
Debt ≤ 1 year
€5k▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€96k€103k▲
Fixed assets21/28€50k€49k▼
Tangible fixed assets22/27€50k€49k▼
Land and buildings22€50k€49k▼
Current assets29/58€46k€54k▲
Amounts receivable within one year40/41€297€657▲
Trade receivables40-€657
Other amounts receivable41€297-
Current investments50/53-€30k
Cash at bank and in hand54/58€44k€21k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€96k€103k▲
Equity10/15€88k€97k▲
Contributions10/11€5k€5k=
Capital10€5k€5k=
Issued capital100€5k€5k=
Reserves13€43k€51k▲
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€40k€48k▲
Profit (loss) carried forward14€40k€40k=
Amounts payable17/49€8k€6k▼
Amounts payable within one year42/48€7k€5k▼
Trade debts44€176€237▲
Suppliers440/4€176€237▲
Taxes, remuneration and social security45€1k€919▼
Taxes450/3€1k€919▼
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Turnover70€40k€50k▲
Goods, raw materials, services and sundry goods60/61€11k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€29k€30k▲
Operating profit (loss)9901€16k€16k▲
Financial income75/76B€8€518▲
Recurring financial income75€8€518▲
Financial charges65/66B€1k€129▼
Recurring financial charges65€1k€129▼
Profit (loss) for the period before taxes9903€14k€17k▲
Transfer to deferred taxes680-€8k
Income taxes67/77€15k-
Profit (loss) for the period9904€-736€9k▲
Profit (loss) for the period to be appropriated9905€-736€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€49k▲
Profit (loss) brought forward from the previous period14P€41k€40k▼
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-736 ▼107%
Net result drops to €-736, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 7.07
Current ratio from 3.36 to 7.07; short-term debt falls from €13k to €7k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €10k ▲2.2%
Net result €10k, the highest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aywaille · 1 establishment unit since 1986
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.
Rue des Tilleuls 264920 AywailleGround area
1,626 m²
Building footprint
203 m²
Volume, LiDAR
948 m³
Parcel 61026B0621/00V000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPRL Gilissen
since 19862.034.653.093
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61026B0621/00V000 | Wallonia | 1,626 m² | 1 · 203 m² | 6.9 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.
Similar companies · same sector, comparable size
ADASS
BE 0780.635.511
Merelbeke-Melle · Eq €96,703
Omina
BE 0809.360.773
Brugge · Eq €96,653
G&A DESEYNE INVEST
BE 0768.426.872
Harelbeke · Eq €96,641
ONE RETAIL
BE 0715.483.579
Watermaal-Bosvoorde · Eq €96,852
IMMO DALEMANS
BE 0475.558.336
Maasmechelen · Eq €96,871
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,150 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-1986
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ph.gilissen@skynet.be
Phone:0496540415