Financials
- Financial year
- 2025
- Total assets
- €260,438
- Profit
- €41,781
- Solvency
- 97.8%
Turnover▲ 51.4%
Net result
20182020
GILLET - FRERE
ActiveSummary
GILLET - FRERE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254,656 and a net result of €41,781, of which €56,528 non-recurring income. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Activity not known
Size
€260,438total assets 2025
- Equity
- €254,656
- Profit
- €41,781
Turnover not published (micro format)
Structure
2025 accounts filed 76 days late
Why 94raises riskLast filed accounts filed 76 days late; 3 of the last 3 latelowers riskSize: total assets €260,438Equity €254,656 (97.8% of total assets)Founded in 1990Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 83% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency
100=
equity 97.8% of total assets
Liquidity
100=
short-term debt 2.2% · cash 50.9%
Profitability
89+51
return on assets 16.0%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.9%▲ +0.3 percentage points vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.5%▲ +0.6 percentage points vs 11-2025
01-2026: 3.6%▲ +2.1 percentage points vs 12-2025
02-2026: 3.6%● unchanged vs 01-2026
03-2026: 3.8%▲ +0.2 percentage points vs 02-2026
04-2026: 3.6%▼ -0.2 percentage points vs 03-2026
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.6%● unchanged vs 05-2026
07-2026: 3.6%● unchanged vs 06-2026
08-2026: 4.0%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 4.0%● unchanged vs 08-2026highest value
10-2026: 0.2%▼ -3.8 percentage points vs 09-2026lowest value
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity ample (current ratio 44.31, compared with 19.72 in 2023, above the usual 1.5; short-term debt: 2.2% and cash: 50.9% of total assets), and 2.2% 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, 95% on liquidity and 72% on profitability.
The bankruptcy probability was computed on 25-10-2026 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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
76 days late
2023
63 days late
2020
90 days late
2019
92 days late
2018
71 days late
2017
63 days late
2016
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 69 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% 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 15 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than doubledcurrent ratio 44.31
- Equity above €200,000equity €254,656 ▲50.7%
Key points
By topic
Timeline
- Events
- 38
- Since
- 1992
- Next accounts
- by 31-07-2027
- 02-10-2024Annual accounts filed
- 29-10-2021Annual accounts filed
- 31-12-2020Highest result from 2018 to 2025
Company details
- Legal form
- Coöperatieve vennootschap met beperkte aansprakelijkheid
- Founded
- 01-12-1990
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Key facts about GILLET - FRERE
- What is the company number of GILLET - FRERE?
- 0442.707.901. In Belgium the VAT number is the company number with BE in front: BE 0442.707.901.
- Where is GILLET - FRERE based?
- The registered office is at Rue de Bomerée 147, 6110 Montigny-le-Tilleul.Company details
- What is the legal form of GILLET - FRERE?
- Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was GILLET - FRERE founded?
- On 01-12-1990.
- Is GILLET - FRERE still active?
- Yes, GILLET - FRERE is an active enterprise in the KBO register.
- What is the turnover of GILLET - FRERE?
- €57,410 in financial year 2020, according to the filed annual accounts.Financials
- Is GILLET - FRERE profitable?
- In financial year 2025, GILLET - FRERE made a profit of €41,781.
- Where can I find the annual accounts of GILLET - FRERE?
- GILLET - FRERE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GILLET - FRERE 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.