GILLES CONSTRUCTIONS
Open bankruptcyA bankruptcy procedure is open for GILLES CONSTRUCTIONS according to publications in the Belgian State Gazette; curator: LEON-PIERRE PROUMEN. The 2024 annual accounts show negative equity (€-103k) and a net result of €-111k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€103k
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 16-07-2025, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
26 d early
2022
24 d early
2021
11 d early
2020
30 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-103k
2023 · €8k
2019: €-297
2020: €4k
2021: €5k
2022: €7k
2023: €8k
2019 → 2024
Total assets
€135k▼ 26.7%
2023 · €184k
2019: €119k
2020: €117k
2021: €159k
2022: €153k
2023: €184k
2019 → 2024
Net result
€-111k
2023 · €471
2019: €-6k
2020: €4k
2021: €1k
2022: €2k
2023: €471
2019 → 2024
Working capital
€-116k▼ 1,042%
2023 · €-10k
2019: €-13k
2020: €-7k
2021: €-15k
2022: €-16k
2023: €-10k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€4k-€5k▲ 34.6%€7k▲ 38.0%€8k▲ 6.5%€-103k
Operating result€5k-€4k▼ 20.1%€5k▲ 28.6%€4k▼ 14.4%€-110k
Net result€4k-€1k▼ 67.9%€2k▲ 47.9%€471▼ 76.5%€-111k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €110k after €4k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135k
Fixed assets
€13k▼ 44.0%
Current assets
€122k▼ 24.3%
Key figures and ratios
EBITDA
€-100k▼
2023 · €19k
Cash flow
€-101k▼
2023 · €16k
Solvency
-76.7%▼
2023 · 4.2%
Current ratio
0.51▼
2023 · 0.94
Quick ratio
0.51▼
2023 · 0.77
Debt / equity
-2.30▼
2023 · 22.75
ROE
107.5%▲
2023 · 6.1%
ROA
-82.4%▼
2023 · 0.3%
Interest coverage
-63.20▼
2023 · 5.43
Debt
€238k▲
2023 · €176k
Debt ≤ 1 year
€238k▲
2023 · €172k
Income taxes
€-92▼
2023 · €245
Staff costs
€240k▼
2023 · €244k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€184k€135k▼
Fixed assets21/28€23k€13k▼
Tangible fixed assets22/27€22k€12k▼
Plant, machinery and equipment23€11k€6k▼
Furniture and vehicles24€11k€6k▼
Financial fixed assets28€500€500=
Current assets29/58€161k€122k▼
Stocks and contracts in progress3€30k-
Stocks30/36€30k-
Amounts receivable within one year40/41€80k€117k▲
Trade receivables40€80k€115k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€16k€46▼
Deferred charges and accrued income490/1€34k€5k▼
Equity and liabilities
Total equity and liabilities10/49€184k€135k▼
Equity10/15€8k€-103k▼
Contributions10/11€6k€6k=
Reserves13€2k€620▼
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Distributable reserves133€930-
Profit (loss) carried forward14-€-110k
Amounts payable17/49€176k€238k▲
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€172k€238k▲
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€85k€95k▲
Suppliers440/4€85k€95k▲
Taxes, remuneration and social security45€81k€132k▲
Taxes450/3€16k€14k▼
Remuneration and social security454/9€65k€119k▲
Other amounts payable47/48€2k€6k▲
Accrued charges and deferred income492/3-€66
Income statement
Code20232024
Remuneration, social security and pensions62€244k€240k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€267k€144k▼
Operating profit (loss)9901€4k€-110k▼
Financial income75/76B€78€27▼
Recurring financial income75€78€27▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€716€-111k▼
Income taxes67/77€245€-92▼
Profit (loss) for the period9904€471€-111k▼
Profit (loss) for the period to be appropriated9905€471€-111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€471€-111k▼
Transfer from equity791/2-€930
Transfer to equity691/2€471-
To other reserves6921€471-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
23-05
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · GILLES CONSTRUCTIONS SRL VILLAGE 25, 4987 STOUMONT · event 19-05-2025
2024
31-12
Financial
Weakest financial yearnet €-111k ▼23727%
Net result drops to €-111k, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial 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, Stoumont · 1 establishment unit since 2018
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.
Village 254987 StoumontGround area
891 m²
Building footprint
101 m²
Volume, LiDAR
635 m³
Parcel 63075C1033/00N000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GILLES CONSTRUCTIONS
since 20182.278.286.807
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63075C1033/00N000 | Wallonia | 891 m² | 1 · 101 m² | 7.5 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LEON-PIERRE PROUMEN PLACE DU HAUT PRE 10,
4000 LIEGE 1 |
19-05-2025 → present |
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 8,159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-07-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.