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GILLTECH

Active
Private limited companyfounded 1998active for 28 yearsRue Gaston Barla 27, 4910 Theux, BelgiumKBO/BCE: BE 0462.613.784
Summary

GILLTECH has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251,434 and a net result of €87,346. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 56% of 597 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-02-1998 Normal situation
Activity
Repair and maintenance of machinery NACE 33120and 4 others
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.086.297.774 4910 Theux, since 09-04-1998
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Last known board
  • ALAXAN MANAGEMENTDirector · until 2023
Shareholders
  • Dominique Kremerannual accounts 2017
  • Virginie Vander Boghtannual accounts 2017

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€0
Profit
€87,346
▲ 4.3%
Equity
€251,434
▲ 53.2%
Total assets
€593,143
▲ 23.6%
Employees on 31-12-2025
4
▲ 300%
Score breakdownraises riskSector: Repair, maintenance and installation of machinery and equipment (NACE 33)Liquidity: current ratio 1.66, cash €15,231, halvedlowers riskFounded in 1998Equity €251,434 (42.4% of total assets)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Strong
Solvency 67+8
equity 42.4% of total assets
Liquidity 24-13
short-term debt 56.1% · cash 2.6%
Profitability 87-4
return on assets 14.7%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,392 companies, NACE 33, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: 0.3%● unchanged vs 07-2026highest value 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.66 (1.48 in 2024), above the usual 1.5. Short-term debt is 56.1% and cash 2.6% of total assets. However, 57.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 33, micro). It does better than 49% of them on solvency, 14% on liquidity, 64% on profitability and 81% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Liquidity: current ratio 1.66, cash €15,231, halved
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €251,434 (42.4% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €251,434
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
13 days early
2023
30 days early
2022
171 days early
2021
27 days early
2020
11 days late
2019
77 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €164,088 to €251,434 ▲ 53.2% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: ALAXAN MANAGEMENT (director)Permanent representative: Nicolas GILLET
  2. · Gazette deed Company renamed from CARROSSERIE KREMER ET FILS to GILLTECHRegistered office moved to Theux · Resignations: Pierre BECHAIT (manager) and Matis KREMER (manager) · Appointment: Nicolas GILLET (director)
  3. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as GILLTECH: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €785,000 and €1.4m, founded between 1992 and 2009.

CompanyTotal assetsGross margin
GILLTECH Theux€0.6m€0.2m
GPO BELGIUM Herve€0.8m€0.1m
TUINMACHINES LOOS Peer€0.9m€0.2m
KROEMMER Attert€1.3m€0.2m
L.F. HYDRO Donceel€1.4m€0.3m
DITHO Wetteren€1.3m€0.2m
Bart Bertels Service Retie€0.8m€0.09m
Full comparison

Key facts about GILLTECH

What is the company number of GILLTECH?
The company number of GILLTECH is 0462.613.784. The VAT number is the same number with BE in front: BE 0462.613.784.
Where is GILLTECH based?
The registered office is at Rue Gaston Barla 27, 4910 Theux.Company details
What does GILLTECH do?
According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
What is the legal form of GILLTECH?
The legal form of GILLTECH is Private limited company (BV).
When was GILLTECH founded?
GILLTECH was founded on 06-02-1998.
Is GILLTECH still active?
Yes, GILLTECH is an active enterprise in the KBO register.
How many employees does GILLTECH have?
GILLTECH had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GILLTECH fall under?
In its 2025 annual accounts, GILLTECH states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of GILLTECH?
The turnover of GILLTECH was €0 in financial year 2025, according to the filed annual accounts.
Is GILLTECH profitable?
In financial year 2025, GILLTECH made a profit of €87,346.
Where can I find the annual accounts of GILLTECH?
GILLTECH filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GILLTECH due?
GILLTECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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