Gillet-Magnée Constructions
ActiveGillet-Magnée Constructions has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €176k and a net result of €9k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.9 in 2023; short-term debt: 18.8% and cash: 9.6% of total assets), and 18.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
55 d early
2022
53 d early
2021
59 d early
2020
74 d early
2019
65 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€176k▲ 4.7%
2023 · €169k
2018: €102k
2019: €105k
2020: €118k
2021: €112k
2022: €140k
2023: €169k
2018 → 2024
Total assets
€217k▲ 0.9%
2023 · €216k
2018: €149k
2019: €160k
2020: €177k
2021: €166k
2022: €247k
2023: €216k
2018 → 2024
Net result
€9k▼ 68.0%
2023 · €29k
2018: €211
2019: €4k
2020: €13k
2021: €-6k
2022: €31k
2023: €29k
2018 → 2024
Working capital
€86k▼ 3.4%
2023 · €89k
2018: €65k
2019: €72k
2020: €71k
2021: €68k
2022: €104k
2023: €89k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€118k-€112k▼ 5.6%€140k▲ 25.7%€169k▲ 20.0%€176k▲ 4.7%
Operating result€15k-€-6k€36k€39k▲ 8.8%€12k▼ 68.7%
Net result€13k-€-6k€31k€29k▼ 6.0%€9k▼ 68.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 69% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €217k
Fixed assets
€90k▲ 13.9%
Current assets
€127k▼ 6.7%
Equity and liabilities €217k
Equity
€176k▲ 4.7%
Debt
€41k▼ 12.9%
The debt ratio falls from 21.8% to 18.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2023 · €55k
Cash flow
€25k▼
2023 · €45k
Solvency
81.2%▲
2023 · 78.2%
Current ratio
3.11▲
2023 · 2.90
Quick ratio
1.52▼
2023 · 2.32
Debt / equity
0.23▼
2023 · 0.28
ROE
5.3%▼
2023 · 17.4%
ROA
4.3%▼
2023 · 13.6%
Interest coverage
171.43▼
2023 · 176.99
Debt
€41k▼
2023 · €47k
Debt ≤ 1 year
€41k▼
2023 · €47k
Income taxes
€3k▼
2023 · €10k
Staff costs
€92k▲
2023 · €85k
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€216k€217k▲
Fixed assets21/28€79k€90k▲
Tangible fixed assets22/27€79k€90k▲
Plant, machinery and equipment23€76k€88k▲
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€50€50=
Current assets29/58€136k€127k▼
Stocks and contracts in progress3€27k€65k▲
Stocks30/36€25k€25k=
Contracts in progress37€3k€40k▲
Amounts receivable within one year40/41€22k€41k▲
Trade receivables40€6k€9k▲
Other amounts receivable41€15k€32k▲
Cash at bank and in hand54/58€87k€21k▼
Deferred charges and accrued income490/1€911€656▼
Equity and liabilities
Total equity and liabilities10/49€216k€217k▲
Equity10/15€169k€176k▲
Contributions10/11€6k€6k=
Reserves13€160k€169k▲
Distributable reserves133€160k€169k▲
Investment grants15€2k€2k▼
Amounts payable17/49€47k€41k▼
Amounts payable within one year42/48€47k€41k▼
Current portion of amounts payable after more than one year42€1k-
Trade debts44€25k€28k▲
Suppliers440/4€25k€28k▲
Taxes, remuneration and social security45€20k€10k▼
Taxes450/3€10k€1k▼
Remuneration and social security454/9€10k€8k▼
Other amounts payable47/48€1k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€85k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€1k€996▼
Gross operating margin9900€141k€121k▼
Operating profit (loss)9901€39k€12k▼
Financial income75/76B€250€250=
Recurring financial income75€250€250=
Financial charges65/66B€309€161▼
Recurring financial charges65€309€161▼
Profit (loss) for the period before taxes9903€39k€12k▼
Income taxes67/77€10k€3k▼
Profit (loss) for the period9904€29k€9k▼
Profit (loss) for the period to be appropriated9905€29k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€9k▼
Transfer to equity691/2€28k€8k▼
To other reserves6921€28k€8k▼
Profit to be distributed694/7€1k€1k▲
Return on contributions (dividend)694€1k€1k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €169k ▲20%
2 profitable years in a row build equity to €169k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼148%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Gedinne · 1 establishment unit since 2008
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 de la Croix-du-Hêtre,Rien. 95575 GedinneGround area
2,367 m²
Building footprint
145 m²
Volume, LiDAR
1,195 m³
Parcel 91112A0123/00H000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gillet - Magnée CONSTRUCTIONS sprl
since 20082.170.744.093
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91112A0123/00H000 | Wallonia | 2,367 m² | 1 · 145 m² | 10.8 m · 3 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.
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 12,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:gillet.arnaud485@gmail.com
Phone:0472/802.356
Phone:0474/848440