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GILLTUMN

Active
Private limited companyfounded 2021active for 5 yearsDeken Darraslaan 78, 8700 Tielt, BelgiumKBO/BCE: BE 0763.940.920
Summary

GILLTUMN has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€84,187) and a net result of -€36,476. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 10% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 23-02-2021 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110and 3 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment units
2.313.980.233 8700 Tielt, since 23-02-2021
2.331.050.748 8750 Wingene, since 01-11-2021and 2 others
Financial year end
31 December
Peppol
Reachable since 21-03-2025

Board and ownership

Board
  • Deproost SandraDirector · since 23-02-2021
  • Vanhauwaert GilltumnDirector · since 23-02-2021

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
€87,299
▼ 5.8%
Turnover
≈ €940,000
estimated
Loss
€36,476
▲ 15.4%
Equity
-€84,187
▼ 76.5%
Total assets
€103,659
▼ 25.5%
Employees on 31-12-2025
2
▲ 100%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 3 days after the deadline
Filed on 03-08-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€84,187Loss of €36,476, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 2.14, cash €39,163Size: total assets €103,659Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -81.2% of total assets
Liquidity 86+13
short-term debt 28.4% · cash 37.8%
Profitability 23+2
return on assets -35.2%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.2%▼ -0.1 percentage points vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▼ -0.7 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.8%▼ -0.1 percentage points vs 01-2026 03-2026: 1.7%▼ -0.1 percentage points vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.8%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 2.7%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 1.3%▼ -1.4 percentage points vs 08-2026lowest value 10-2026: 1.3%● unchanged vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 2.14 (2.04 in 2024), above the usual 1.5. Short-term debt is 28.4% and cash 37.8% of total assets. However, equity is negative.
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 47, micro). It does better than 6% of them on solvency, 88% on liquidity, 23% on profitability and 8% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€84,187
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.14, cash €39,163
NBB · annual accounts
lowers risk · Size: total assets €103,659
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €36,476, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€84,187
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
3 days late
2024
on the day
2023
1 day early
2022
7 days late
2021
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 1 day before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 31 July (5 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€84,187 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€36,476 View
  • Caution: Less equity than 94% of companies in retail tradesector median €41,216 · 22,767 companies -€84,187 View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as GILLTUMN: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €93,300 and €124,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
GILLTUMN Tielt€103,659€87,299
PROMO WEVELGEM Wevelgem€121,523€111,439
TARAR ROYAL Brugge€124,032€113,257
AB INDUSTRIE GROUPE Mouscron€100,269€82,429
TAIBA MARKET Zaventem€93,334€98,415
VER.3 Jodoigne€102,904€73,575
AD GLORIAM Kraainem€114,223€77,449
Full comparison

Key facts about GILLTUMN

What is the company number of GILLTUMN?
The company number of GILLTUMN is 0763.940.920. The VAT number is the same number with BE in front: BE 0763.940.920.
Where is GILLTUMN based?
The registered office is at Deken Darraslaan 78, 8700 Tielt.Company details
What does GILLTUMN do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of GILLTUMN?
The legal form of GILLTUMN is Private limited company (BV).
When was GILLTUMN founded?
GILLTUMN was founded on 23-02-2021.
Is GILLTUMN still active?
Yes, GILLTUMN is an active enterprise in the KBO register.
How many employees does GILLTUMN have?
GILLTUMN had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GILLTUMN fall under?
In its 2025 annual accounts, GILLTUMN states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of GILLTUMN?
The turnover in financial year 2025 is ≈ €940,000. This figure is estimated from the gross margin of €87,299 and 99 comparable companies (NACE 47110). It probably lies between €660,000 and €1.4m.
Is GILLTUMN profitable?
In financial year 2025, GILLTUMN made a loss of €36,476.
Where can I find the annual accounts of GILLTUMN?
GILLTUMN filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GILLTUMN due?
GILLTUMN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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