GILLIMMO
ActiveSummary
GILLIMMO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €527,133 and a net result of -€22,214. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▼-44
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 5.25 against 5.56 in 2023; short-term debt: 3.6% and cash: 0.1% of total assets), and 17.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
82.2%
Return on assets
-3.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
128 d early
2023
37 d early
2022
60 d early
2021
23 d early
2020
66 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€527,133▼ 4.7%
2023 · €553,347
Total assets
€641,329▼ 4.4%
2023 · €671,126
Net result
-€22,214
2023 · €74,972
Working capital
€97,964▼ 6.7%
2023 · €104,980
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,060▲ 64.7%€18,086▼ 21.6%€9,880▼ 45.4%€100,006▲ 912%-€7,613
Net result€19,305within the sector's middle half▲ 48.0%€15,232within the sector's middle half▼ 21.1%-€1,009within the sector's middle half€74,972above the sector's middle half-€22,214below the sector's middle half
Equity€507,152above the sector's middle half▲ 0.7%€506,384above the sector's middle half▼ 0.2%€490,375above the sector's middle half▼ 3.2%€553,347above the sector's middle half▲ 12.8%€527,133above the sector's middle half▼ 4.7%
Total assets€672,925within the sector's middle half▼ 3.6%€653,691within the sector's middle half▼ 2.9%€632,452within the sector's middle half▼ 3.2%€671,126within the sector's middle half▲ 6.1%€641,329within the sector's middle half▼ 4.4%
Debt€60,225▼ 29.5%€45,357▼ 24.7%€43,724▼ 3.6%€23,025▼ 47.3%€23,040▲ 0.1%
Working capital€30,733within the sector's middle half▲ 196%€17,963within the sector's middle half▼ 41.5%€10,195within the sector's middle half▼ 43.2%€104,980within the sector's middle half▲ 930%€97,964within the sector's middle half▼ 6.7%
Solvency75.4%above the sector's middle half▲ 3.2pp77.5%above the sector's middle half▲ 2.1pp77.5%above the sector's middle half▲ 0.1pp82.5%above the sector's middle half▲ 4.9pp82.2%above the sector's middle half▼ 0.3pp
Current ratio1.79within the sector's middle half▲ 0.591.40within the sector's middle half▼ 0.391.23within the sector's middle half▼ 0.165.56above the sector's middle half▲ 4.335.25above the sector's middle half▼ 0.31
Return on assets (ROA)2.9%within the sector's middle half▲ 1.0pp2.3%within the sector's middle half▼ 0.5pp-0.2%within the sector's middle half▼ 2.5pp11.2%above the sector's middle half▲ 11.3pp-3.5%below the sector's middle half▼ 14.6pp
Staff (FTE)0.2below the sector's middle half▲ 100%1▲ 400%1=1=1=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
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 €7,613 after €100,006 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €641,329
Fixed assets
€520,325 ▼ 4.2%
Current assets
€121,004 ▼ 5.5%
Equity and liabilities €641,329
Equity
€527,133 ▼ 4.7%
Provisions
€91,156 ▼ 3.8%
Debt
€23,040 ▲ 0.1%
Debt's share of the balance-sheet total rises from 3.4% to 3.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25,648▼
2023 · €131,696
Cash flow
€11,047▼
2023 · €106,663
Debt to equity
0.04▲
2023 · 0.04
ROE
-4.2%▼
2023 · 13.5%
Interest coverage
2.91▼
2023 · 148.57
Debt ≤ 1 year
€23,040▲
2023 · €23,025
Income taxes
€14,154▼
2023 · €34,552
Staff costs
€7,906▲
2023 · €7,722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6,780 | €6,980 | €7,722 | €7,906 | ▲ 2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,995 | €30,692 | €33,085 | €31,690 | €33,261 | ▲ 5.0% |
| Other operating charges640/8 | - | €4,620 | €4,770 | €5,001 | €4,416 | ▼ 11.7% |
| Gross operating margin9900 | €66,262 | €60,178 | €54,715 | €144,419 | €37,970 | ▼ 73.7% |
| Operating profit (loss)9901 | €23,060 | €18,086 | €9,880 | €100,006 | -€7,613 | ▼ 108% |
| Financial income75/76B | - | €2,170 | €4,782 | €6,806 | €4,762 | ▼ 30.0% |
| Recurring financial income75 | €1,835 | €2,170 | €4,782 | €6,806 | €4,762 | ▼ 30.0% |
| Financial charges65/66B | - | €1,805 | €12,488 | €886 | €8,807 | ▲ 894% |
| Recurring financial charges65 | €2,166 | €1,805 | €12,488 | €886 | €8,807 | ▲ 894% |
| Profit (loss) for the period before taxes9903 | €22,729 | €18,450 | €2,174 | €105,926 | -€11,658 | ▼ 111% |
| Transfer from deferred taxes780 | - | €3,598 | €3,598 | €3,598 | €3,598 | = |
| Income taxes67/77 | €7,022 | €6,816 | €6,781 | €34,552 | €14,154 | ▼ 59.0% |
| Profit (loss) for the period9904 | €19,305 | €15,232 | -€1,009 | €74,972 | -€22,214 | ▼ 130% |
| Transfer from tax-exempt reserves789 | - | €6,985 | €6,985 | €6,985 | €6,985 | = |
| Profit (loss) for the period to be appropriated9905 | €26,290 | €22,217 | €5,976 | €81,957 | -€15,229 | ▼ 119% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €672,925 | €653,691 | €632,452 | €671,126 | €641,329 | ▼ 4.4% |
| Fixed assets21/28 | €603,326 | €590,371 | €578,532 | €543,122 | €520,325 | ▼ 4.2% |
| Intangible fixed assets21 | €129,595 | €120,338 | €111,082 | €101,825 | €92,568 | ▼ 9.1% |
| Tangible fixed assets22/27 | €473,731 | €470,032 | €467,450 | €441,297 | €427,757 | ▼ 3.1% |
| Land and buildings22 | - | €470,032 | €467,450 | €441,297 | €419,255 | ▼ 5.0% |
| Furniture and vehicles24 | - | - | - | - | €8,502 | - |
| Current assets29/58 | €69,599 | €63,321 | €53,920 | €128,005 | €121,004 | ▼ 5.5% |
| Current investments50/53 | €56,739 | €50,914 | €46,792 | €120,105 | €106,480 | ▼ 11.3% |
| Cash at bank and in hand54/58 | €9,275 | €6,937 | €3,672 | €4,749 | €792 | ▼ 83.3% |
| Deferred charges and accrued income490/1 | - | €5,470 | €3,456 | €3,150 | €13,732 | ▲ 336% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €672,925 | €653,691 | €632,452 | €671,126 | €641,329 | ▼ 4.4% |
| Equity10/15 | €507,152 | €506,384 | €490,375 | €553,347 | €527,133 | ▼ 4.7% |
| Contributions10/11 | - | €224,950 | €224,950 | €224,950 | €224,950 | = |
| Reserves13 | €302,652 | €281,434 | €265,425 | €328,397 | €302,183 | ▼ 8.0% |
| Tax-exempt reserves132 | - | €200,907 | €193,923 | €186,938 | €179,953 | ▼ 3.7% |
| Distributable reserves133 | - | €80,526 | €71,503 | €141,460 | €122,231 | ▼ 13.6% |
| Provisions and deferred taxes16 | €105,549 | €101,950 | €98,352 | €94,754 | €91,156 | ▼ 3.8% |
| Deferred taxes168 | - | €101,950 | €98,352 | €94,754 | €91,156 | ▼ 3.8% |
| Amounts payable17/49 | €60,225 | €45,357 | €43,724 | €23,025 | €23,040 | ▲ 0.1% |
| Amounts payable after more than one year17 | €21,359 | - | - | - | - | - |
| Amounts payable within one year42/48 | €38,866 | €45,357 | €43,724 | €23,025 | €23,040 | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | - | €21,359 | - | - | - | - |
| Trade debts44 | - | €92 | €94 | €45 | €1,571 | ▲ 3,385% |
| Suppliers440/4 | - | €92 | €94 | €45 | €1,571 | ▲ 3,385% |
| Taxes, remuneration and social security45 | - | €10,216 | €5,484 | €6,123 | €13,932 | ▲ 128% |
| Taxes450/3 | - | €9,066 | €4,317 | €4,820 | €12,476 | ▲ 159% |
| Remuneration and social security454/9 | - | €1,150 | €1,167 | €1,303 | €1,456 | ▲ 11.8% |
| Other amounts payable47/48 | - | €13,691 | €38,146 | €16,857 | €7,537 | ▼ 55.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,305 | €15,232 | -€1,009 | €74,972 | -€22,214 | ▼ 130% |
| + Depreciation and write-downs630 | €31,995 | €30,692 | €33,085 | €31,690 | €33,261 | ▲ 5.0% |
| Operating cash flow (approximation) | €51,300 | €45,924 | €32,076 | €106,663 | €11,047 | ▼ 89.6% |
| Investment in fixed assets (approximation) | - | -€17,737 | -€21,246 | €3,720 | -€10,464 | ▼ 381% |
| Change in cash | - | -€2,338 | -€3,265 | €1,077 | -€3,957 | ▼ 467% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€22,214
Net result drops to -€22,214, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €74,972
Net result €74,972 after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.56
Current ratio from 1.23 to 5.56; short-term debt falls from €43,724 to €23,025.
31-12
Financial
Equity above €500,000Eq €553,347 ▲12.8%
Equity rises from €490,375 to €553,347.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Stavelot · 2 establishment units since 2007
Ground area
1,755 m²
Building footprint
370 m²
Volume, LiDAR
2,473 m³
3 parcels, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
-
since 20072.158.945.529
Avenue Constant Grandprez 27, 4970 Stavelot
since 20172.373.053.530
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63073B2600/00K000 | Wallonia | 1,432 m² | 1 · 182 m² | 9.7 m · 2 fl. |
| 63073B1146/00P000 | Wallonia | 243 m² | 1 · 149 m² | 12.4 m · 3 fl. |
| 63073B1703/00A000 ProtectedMonument |
Wallonia | 80 m² | 1 · 39 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
967600XJ6XCNJHY5U845
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,910. 4,513 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460559958
Also
9925:BE0460559958
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.