GILLIS & Co
ActiveGILLIS & Co has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-18k) and a net result of €28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 7431 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+88
Solvency0▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.84 in 2024; short-term debt: 144.3% and cash: 3.3% of total assets), and equity is negative.
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 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
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 2025Solvency, return and age of the figures
Solvency
-44.3%
Return on assets
67.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
on the day
2023
35 d early
2022
34 d early
2021
31 d early
2020
11 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-18k▲ 60.5%
2024 · €-46k
2019: €268
2020: €-20k
2021: €-60k
2022: €-32k
2023: €-31k
2024: €-46k
2019 → 2025
Total assets
€41k▼ 84.8%
2024 · €269k
2019: €144k
2020: €163k
2021: €154k
2022: €48k
2023: €258k
2024: €269k
2019 → 2025
Net result
€28k
2024 · €-15k
2019: €-2k
2020: €-20k
2021: €-40k
2022: €28k
2023: €954
2024: €-15k
2019 → 2025
Working capital
€-22k▲ 57.4%
2024 · €-51k
2019: €-7k
2020: €-15k
2021: €-64k
2022: €-34k
2023: €-36k
2024: €-51k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-60k-€-32k▲ 47.3%€-31k▲ 3.0%€-46k▼ 50.3%€-18k▲ 60.5%
Operating result€-40k-€28k€1k▼ 96.4%€-15k€28k
Net result€-40k-€28k€954▼ 96.6%€-15k€28k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €28k after a loss of €15k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€4k▼ 31.1%
Current assets
€37k▼ 85.9%
Key figures and ratios
EBITDA
€30k▲
2024 · €-14k
Cash flow
€29k▲
2024 · €-14k
Solvency
-44.3%▼
2024 · -17.0%
Current ratio
0.63▼
2024 · 0.84
Quick ratio
0.63▼
2024 · 0.84
Debt / equity
-3.26▲
2024 · -6.87
ROA
67.7%▲
2024 · -5.7%
Interest coverage
43.09▲
2024 · -169.20
Debt
€59k▼
2024 · €315k
Debt ≤ 1 year
€59k▼
2024 · €315k
Income taxes
€3
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€269k€41k▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€173-
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€357€357=
Current assets29/58€264k€37k▼
Amounts receivable within one year40/41€263k€36k▼
Trade receivables40€67k€35k▼
Other amounts receivable41€197k€819▼
Cash at bank and in hand54/58€741€1k▲
Equity and liabilities
Total equity and liabilities10/49€269k€41k▼
Equity10/15€-46k€-18k▲
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-84k€-56k▲
Amounts payable17/49€315k€59k▼
Amounts payable within one year42/48€315k€59k▼
Trade debts44€35k€12k▼
Suppliers440/4€35k€12k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€281k€45k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€317€837▲
Non-recurring operating charges66A€9k-
Gross operating margin9900€-4k€31k▲
Operating profit (loss)9901€-15k€28k▲
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€80€700▲
Recurring financial charges65€80€700▲
Profit (loss) for the period before taxes9903€-15k€28k▲
Income taxes67/77-€3
Profit (loss) for the period9904€-15k€28k▲
Profit (loss) for the period to be appropriated9905€-15k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-56k▲
Profit (loss) brought forward from the previous period14P€-69k€-84k▼
The notes to these accounts (5 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
1 establishment unit since 1992
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.
Ground area
520 m²
Building footprint
161 m²
Volume, LiDAR
702 m³
Parcel 23030D0119/00Z000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GILLIS & CO BVBA
since 19922.056.660.316
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030D0119/00Z000 | Flanders | 520 m² | 1 · 161 m² | 7.7 m · 2 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.
Similar companies · same sector, comparable size
LAS SERVICES
BE 0837.386.944
Overijse · Eq €266
NAMASTE
BE 0847.224.328
Thuin · Eq €263
FRANK DELYS
BE 0479.495.546
Honnelles · Eq €280
TRAVSO
BE 0723.546.655
Saint-Georges-sur-Meuse · Eq €283
Arbepo
BE 0629.681.438
Brecht · Eq €285
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 540 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-02-1992
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.