Financials
- Financial year
- 2025
- Total assets
- €82,964
- Loss
- -€8,632
- Solvency
- 88.4%
Total assets▼ 26.5%
Net result
20182025
GILLET & CO
ActiveSummary
GILLET & CO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,360 and a net result of -€8,632. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
“Toutes opérations se rapportant directement ou indirectement à la gestion des affaires en matière…” (deed in French)
From the articles, 3 activitiesNo NACE code in the KBO yet1 site
Size
€82,964total assets 2025
- Equity
- €73,360
- Loss
- -€8,632
Why 92raises riskLatest accounts 31 days late; 2 of the last 3 latelowers riskSize: total assets €82,964Founded in 1988Liquidity: current ratio 8.62, cash €76,942Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency
100+2
equity 88.4% of total assets
Liquidity
99+10
short-term debt 11.6% · cash 92.7%
Profitability
6+6
return on assets -10.4%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: 0.2%▲ +0.1 percentage points vs 01-2026
03-2026: 0.1%▼ -0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026highest value
09-2026: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.62, compared with 3.63 in 2024, above the usual 1.5; short-term debt: 11.6% and cash: 92.7% of total assets), and 11.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 90% on liquidity, 10% on profitability and 24% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,632
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
49 days late
2023
30 days late
2022
31 days late
2021
29 days late
2020
27 days late
2019
68 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 38 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Liquidity more than doubledcurrent ratio 8.62
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- Olivier COLLINDirector
Timeline
- Events
- 46
- Since
- 1990
- Next accounts
- by 31-07-2027
- 31-12-2024Weakest financial year
- 30-08-2024Annual accounts filed
- 25-04-2024Resignations: Olivier COLLIN, Paul Raymond Camille André…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 29-12-1988
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 35
- Who signs
- The sole director
- Annual meeting
- First Tuesday of May at 18:00
- Purpose
- “Toutes opérations se rapportant directement ou indirectement à la gestion des affaires en…” (deed in French)
Key facts about GILLET & CO
- What is the company number of GILLET & CO?
- 0436.427.150. In Belgium the VAT number is the company number with BE in front: BE 0436.427.150.
- Where is GILLET & CO based?
- The registered office is at Rue des Bois 11, 6870 Saint-Hubert.Company details
- What is the legal form of GILLET & CO?
- Public limited company (NV).
- When was GILLET & CO founded?
- On 29-12-1988.
- Is GILLET & CO still active?
- Yes, GILLET & CO is an active enterprise in the KBO register.
- How many employees does GILLET & CO have?
- On average 0.3 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of GILLET & CO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is GILLET & CO profitable?
- In financial year 2025, GILLET & CO made a loss of €8,632.
- Where can I find the annual accounts of GILLET & CO?
- GILLET & CO filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GILLET & CO due?
- By 31-07-2027, for financial year 2026.Timeline
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.