GILLIS
ActiveGILLIS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.38M and a net result of €659k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 456 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+8
Solvency91▲+15
Growth67=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.09 in 2024; short-term debt: 20.8% and cash: 9% of total assets), and 34.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 81
Relative position
BE, all sectors
reference
Sector 81
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.7%
Return on assets
18.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
21 d late
2023
27 d late
2022
23 d late
2021
22 d late
2020
20 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.34M▲ 5.2%
2021 · €2.23M
2018: €2.03M
2019: €2.00M
2020: €1.84M
2021: €2.23M
2018 → 2022
EBIT margin
6.4%▼ 13.1pp
2021 · 19.4%
2018: 10.9%
2019: 7.5%
2020: 4.7%
2021: 19.4%
2018 → 2022
Net result
€659k▲ 60.6%
2024 · €410k
2018: €165k
2019: €116k
2020: €70k
2021: €312k
2022: €88k
2023: €363k
2024: €410k
2018 → 2025
Working capital
€359k▲ 266%
2024 · €98k
2018: €211k
2019: €242k
2020: €451k
2021: €204k
2022: €412k
2023: €96k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.23M-€2.34M▲ 5.2%
Equity€1.15M-€1.24M▲ 7.7%€1.51M▲ 22.1%€1.80M▲ 19.5%€2.38M▲ 32.2%
Operating result€433k-€149k▼ 65.6%€492k▲ 230%€573k▲ 16.6%€896k▲ 56.3%
Net result€312k-€88k▼ 71.9%€363k▲ 313%€410k▲ 13.0%€659k▲ 60.6%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.63M
Fixed assets
€2.51M▲ 8.1%
Current assets
€1.11M▼ 10.1%
Equity and liabilities €3.63M
Equity
€2.38M▲ 32.2%
Debt
€1.24M▼ 29.3%
The debt ratio falls from 49.4% to 34.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.33M▲
2024 · €1.02M
Cash flow
€1.09M▲
2024 · €858k
Solvency
65.7%▲
2024 · 50.6%
Current ratio
1.48▲
2024 · 1.09
Quick ratio
1.48▲
2024 · 1.09
Debt / equity
0.52▼
2024 · 0.98
ROE
27.7%▲
2024 · 22.8%
ROA
18.2%▲
2024 · 11.5%
Interest coverage
35.99▲
2024 · 18.56
Debt
€1.24M▼
2024 · €1.76M
Debt ≤ 1 year
€754k▼
2024 · €1.14M
Debt > 1 year
€402k▼
2024 · €615k
Income taxes
€201k▲
2024 · €108k
Staff costs
€734k▲
2024 · €684k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.56M€3.63M▲
Fixed assets21/28€2.33M€2.51M▲
Tangible fixed assets22/27€2.32M€2.51M▲
Land and buildings22€974k€953k▼
Plant, machinery and equipment23€594k€737k▲
Furniture and vehicles24€297k€488k▲
Leasing and similar rights25€455k€329k▼
Financial fixed assets28€6k€6k▲
Current assets29/58€1.24M€1.11M▼
Amounts receivable within one year40/41€1.16M€620k▼
Trade receivables40€942k€531k▼
Other amounts receivable41€213k€89k▼
Current investments50/53-€150k
Cash at bank and in hand54/58€82k€327k▲
Deferred charges and accrued income490/1-€15k
Equity and liabilities
Total equity and liabilities10/49€3.56M€3.63M▲
Equity10/15€1.80M€2.38M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.74M€2.32M▲
Non-distributable reserves130/1€110k€234k▲
Legal reserve130€6k€6k=
Other1319€103k€227k▲
Tax-exempt reserves132€125k€125k=
Distributable reserves133€1.51M€1.96M▲
Amounts payable17/49€1.76M€1.24M▼
Amounts payable after more than one year17€615k€402k▼
Financial debts170/4€614k€401k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€1.14M€754k▼
Current portion of amounts payable after more than one year42€285k€252k▼
Trade debts44€591k€66k▼
Suppliers440/4€591k€66k▼
Taxes, remuneration and social security45€27k€106k▲
Taxes450/3-€106k
Remuneration and social security454/9€27k€706▼
Other amounts payable47/48€237k€330k▲
Accrued charges and deferred income492/3€6k€89k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€1.79M-
Remuneration, social security and pensions62€684k€734k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448k€431k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€24k
Other operating charges640/8€9k€12k▲
Non-recurring operating charges66A€2k€70k▲
Gross operating margin9900€1.72M€2.17M▲
Operating profit (loss)9901€573k€896k▲
Financial charges65/66B€55k€37k▼
Recurring financial charges65€55k€37k▼
Profit (loss) for the period before taxes9903€518k€859k▲
Income taxes67/77€108k€201k▲
Profit (loss) for the period9904€410k€659k▲
Transfer to tax-exempt reserves689€103k€124k▲
Profit (loss) for the period to be appropriated9905€307k€535k▲
Appropriation of the result
Profit (loss) to be appropriated9906€307k€614k▲
Profit (loss) brought forward from the previous period14P-€79k
Transfer from equity791/2€116k-
Transfer to equity691/2€307k€535k▲
To the legal reserve6920€260k-
To other reserves6921€47k€535k▲
Profit to be distributed694/7€116k€79k▼
Return on contributions (dividend)694€116k€79k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €659k ▲60.6%
Operating result €896k, net result €659k, both a record.
31-12
Financial
Equity above €2MEq €2.38M ▲32.2%
8 profitable years in a row build equity to €2.38M.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Equity above €1MEq €1.15M ▲17.4%
4 profitable years in a row build equity to €1.15M.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €70k ▼39.7%
Net result drops to €70k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2000
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.
Kreek(KIE) 98A9130 Beveren-Kruibeke-ZwijndrechtGround area
1,273 m²
Building footprint
243 m²
Volume, LiDAR
1,089 m³
Parcel 46012D0836/00M000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GILLIS
since 20002.097.193.547
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46012D0836/00M000 | Flanders | 1,273 m² | 1 · 243 m² | 9.1 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,273 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
| 2022 | 1 | 273 EUR | 0 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 974 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-01-2000
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.