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GILKO

Active Private limited companyfounded 2016active for 10 yearsBrugse Steenweg 106, 8370 BlankenbergeKBO/BCE: BE 0647.678.896

Lifetime

9 annual accounts with figures on one time axis
peak €84,399 (2024)
€27,431▼ 67.5%
lowest -€39,153 (2021)
-€18,739▼ €56,943
peak -€4,289 (2017)
-€122,196▼ €18,739
€474,630▼ 5.8%
Board1 name since 2016
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €84,399 to €27,431Loss of €18,739Equity from -€103,457 to -€122,196Cash from €24,969 to €7,400

Key points

from the 2025 annual accounts

Equity

-€122,196
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€18,739 -€18,739
€38,2002024-€18,7002025

From profit to loss in 2025, after a profit of €38,204 in 2024.

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Debts

€474,630 135% of the balance sheet
Financial debts 34%Suppliers 0%Taxes and wages 1%Other 65%

Of this, €25,176 falls due within a year.

Filings

9 annual accounts 6 late
AprilJune31 JulyOctober20202025

The 2018 accounts came latest: 121 days after the end of the period.

Position in the sector

-€122,196

Less equity than 95% of companies in retail trade. Sector median €40,895 · 25,314 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,333 companies had the same profile as GILKO has now. Each dot stands for 6 companies, two years later.

90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,333 companies, not a prediction for GILKO. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 29-01-2016
  • 100 sharesdeed of 03-02-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0647678896
Appointment: (director) Gazette deed
Registered office moved from Knokke-Heist to Blankenberge New registered office: Brugse Steenweg 106, 8370 Blankenberge · Previous registered office: Natiënlaan 86, 8300 Knokke-Heist · Board meeting of 30 12 2018 · Gazette deed
Incorporation Founding capital of €18,550, 100 shares, €12,500 paid up · Founder: · Appointment: (manager) · published on 03-02-2016 · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
GILKO Blankenberge €352,434 €27,431 -34.7% -
KV CARS Anderlecht €360,845 €29,441 21.1% -
Garage Smets & Zonen Riemst €347,227 €25,041 63.4% -
MontageElectroSanitair Beringen €368,286 €32,947 24.2% -
SN Cars Bonheiden €375,247 €34,659 34.4% -
A.M. CARS Colfontaine €383,366 €36,154 41.6% -
BRUVANI Destelbergen €369,519 €23,624 21.9% -

These companies have the same main activity as GILKO: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €347,000 and €383,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 01-02-2016Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 2 others
Establishment unit
2.249.829.5798370 Blankenberge, since 01-02-2016
Financial year end
31 December
Peppol
Reachable since 05-10-2025
Company details

Annual accounts 2025

€352,434▼ 12.0%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on GILKO

GILKO files the micro format. That format states no turnover. The gross margin rose from €1,745 in 2017 to €27,431 in 2025.

The balance sheet grew most from 2018 to 2019 through fixed assets.

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 GILKO

What is the company number of GILKO?
The company number of GILKO is 0647.678.896. The VAT number is the same number with BE in front: BE 0647.678.896.
Where is GILKO based?
The registered office is at Brugse Steenweg 106, 8370 Blankenberge.Company details
What does GILKO do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of GILKO?
GILKO is a private limited company (BV).
When was GILKO founded?
GILKO was founded on 01-02-2016.
Is GILKO still active?
Yes, GILKO is an active enterprise in the KBO register.
What is the turnover of GILKO?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €27,431 and 38 comparable companies (NACE 47811). It probably lies between €97,000 and €600,000.Financials
Is GILKO profitable?
In financial year 2025, GILKO made a loss of €18,739.
Where can I find the annual accounts of GILKO?
GILKO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GILKO due?
GILKO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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