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GILO TUBES

Active
Public limited companyfounded 196858 yrs activeAvenue de Heppignies(H) 34, 6220 Fleurus, BelgiumKBO/BCE: BE 0405.625.888
Summary

GILO TUBES has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472,720 and a net result of -€1,241. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 817 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
GILO TUBESActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Machining of metals
NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620Manufacture of fabricated metal products, except machinery and equipment NACE 25639
1 site
Size
€509,480total assets 2025
Staff
2.2 FTE
Equity
€472,720
Loss
-€1,241
Financial health
87 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Parent
GILO INVEST · 100%
Board
2 members
Accounts 64 d early1 of 6 deeds read
Why 87- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)- Liquidity: current ratio 10.99, cash €24,656, halved+ Equity €472,720 (92.8% of total assets)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Better than 53% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 92.8% of total assets
Liquidity 56-5
short-term debt 7.2% · cash 4.8%
Profitability 68-5
return on assets -0.2%
Bankruptcy probability, 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 0.5% (3,675 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● 0.0% vs 11-2024 01-2025: 0.3%● 0.0% vs 12-2024 02-2025: 0.3%● 0.0% vs 01-2025 03-2025: 0.3%▼ -1.4% vs 02-2025 04-2025: 0.3%▲ +4.0% vs 03-2025 05-2025: 0.3%▲ +1.0% vs 04-2025 06-2025: 0.3%▲ +9.0% vs 05-2025 07-2025: 0.4%▲ +20.6% vs 06-2025highest value 08-2025: 0.1%▼ -81.6% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▼ -4.3% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▼ -1.5% vs 02-2026lowest value 04-2026: 0.1%▲ +6.1% vs 03-2026 05-2026: 0.1%▼ -1.4% vs 04-2026 06-2026: 0.3%▲ +277% vs 05-2026 07-2026: 0.3%● 0.0% vs 06-2026 08-2026: 0.3%● 0.0% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
  • Equity €472,720 (92.8% of total assets) lowers the probability
  • Liquidity: current ratio 10.99, cash €24,656, halved raises the probability
  • Legal form Public limited company lowers the probability
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 10.99 against 5.32 in 2024; short-term debt: 7.2% and cash: 4.8% of total assets), and 7.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 90%, liquidity 54%, profitability 34%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Equity €472,720 (92.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 10.99, cash €24,656, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 d early
2024
13 d early
2023
on the day
2022
27 d late
2021
on the day
2020
18 d early
2019
on the day
← 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 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Purpose · Statutes amendment · Resignations…Reappointments: VANVEC (director) and VAN…
  3. Liquidity doublescurrent ratio 10.99

Key points

  • Positive: Among the best 5% on solvencysector median 45.9% · 817 companies 92.8% View
  • Controlled by GILO INVESTknown shareholders 100% 100% View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Fiscal year
2025
Total assets
€509,480
Loss
-€1,241
Solvency
92.8%
Total assets▼ 9.2%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 28-05-2026Annual accounts filed
  2. 05-03-2026Purpose · Statutes amendment · Resignations &…
  3. 31-12-2025Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Machining of metalsNACE 25530
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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