GILOT
ActiveSummary
GILOT has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €705k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+1
Solvency67▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.86 in 2024; short-term debt: 17.6% and cash: 2.1% of total assets), but 58.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
41.7%
Return on assets
1.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
97 d early
2023
63 d early
2022
26 d late
2021
39 d late
2020
87 d late
2019
29 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€20k▲ 759%
2024 · €2k
Working capital
€425k▼ 11.3%
2024 · €479k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-912▲ 78.4%€14k€64k▲ 367%€16k▼ 74.1%€44k▲ 164%
Net result€326▼ 86.2%€12k▲ 3,637%€56k▲ 363%€2k▼ 95.8%€20k▲ 759%
Equity€213k▲ 0.2%€225k▲ 5.7%€682k▲ 203%€685k▲ 0.3%€705k▲ 3.0%
Total assets€1.10M▼ 3.6%€1.19M▲ 8.4%€1.55M▲ 30.0%€1.77M▲ 14.0%€1.69M▼ 4.2%
Debt€886k▼ 4.4%€966k▲ 9.1%€866k▼ 10.3%€1.08M▲ 24.7%€985k▼ 8.8%
Working capital€337k▲ 0.3%€340k▲ 0.9%€542k▲ 59.3%€479k▼ 11.7%€425k▼ 11.3%
Staff (FTE)3.6▲ 56.5%4.4▲ 22.2%4.6▲ 4.5%3.6▼ 21.7%4▲ 11.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 164% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.69M
Fixed assets
€968k ▼ 6.0%
Current assets
€722k ▼ 1.8%
Equity and liabilities €1.69M
Equity
€705k ▲ 3.0%
Debt
€985k ▼ 8.8%
Debt's share of the balance-sheet total falls from 61.2% to 58.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2024 · €117k
Cash flow
€134k▲
2024 · €103k
Current ratio
2.43▼
2024 · 2.86
Quick ratio
0.88▼
2024 · 1.00
Debt to equity
1.40▼
2024 · 1.58
ROE
2.9%▲
2024 · 0.3%
ROA
1.2%▲
2024 · 0.1%
Interest coverage
6.74▼
2024 · 8.01
Debt ≤ 1 year
€298k▲
2024 · €257k
Debt > 1 year
€687k▼
2024 · €823k
Income taxes
€0▼
2024 · €8
Staff costs
€186k▲
2024 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €137k | €176k | €194k | €165k | €186k | ▲ 12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €44k | €68k | €101k | €113k | ▲ 12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-26k | €4k | €-47k | - | - |
| Other operating charges640/8 | €14k | €24k | €216k | €14k | €16k | ▲ 21.6% |
| Non-recurring operating charges66A | - | €3k | €5k | - | - | - |
| Gross operating margin9900 | €187k | €234k | €550k | €249k | €359k | ▲ 44.0% |
| Operating profit (loss)9901 | €-912 | €14k | €64k | €16k | €44k | ▲ 164% |
| Financial income75/76B | €6k | €3k | €2k | €506 | €11 | ▼ 97.8% |
| Recurring financial income75 | €6k | €3k | €2k | €506 | €11 | ▼ 97.8% |
| Financial charges65/66B | €5k | €5k | €9k | €15k | €23k | ▲ 58.9% |
| Recurring financial charges65 | €5k | €5k | €9k | €15k | €23k | ▲ 58.9% |
| Profit (loss) for the period before taxes9903 | €326 | €12k | €56k | €2k | €20k | ▲ 756% |
| Income taxes67/77 | €0 | - | - | €8 | €0 | ▼ 99.0% |
| Profit (loss) for the period9904 | €326 | €12k | €56k | €2k | €20k | ▲ 759% |
| Profit (loss) for the period to be appropriated9905 | €326 | €12k | €56k | €2k | €20k | ▲ 759% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.10M | €1.19M | €1.55M | €1.77M | €1.69M | ▼ 4.2% |
| Fixed assets21/28 | €227k | €292k | €822k | €1.03M | €968k | ▼ 6.0% |
| Intangible fixed assets21 | - | - | - | - | €667 | - |
| Tangible fixed assets22/27 | €226k | €291k | €822k | €1.03M | €967k | ▼ 6.1% |
| Land and buildings22 | €85k | €77k | €473k | €470k | €453k | ▼ 3.5% |
| Plant, machinery and equipment23 | €76k | €67k | €57k | €330k | €309k | ▼ 6.4% |
| Furniture and vehicles24 | €66k | €147k | €256k | €202k | €185k | ▼ 8.2% |
| Leasing and similar rights25 | - | - | €35k | €27k | €19k | ▼ 30.1% |
| Financial fixed assets28 | €1k | €1k | €270 | €270 | €270 | = |
| Current assets29/58 | €871k | €899k | €727k | €736k | €722k | ▼ 1.8% |
| Stocks and contracts in progress3 | €416k | €415k | €468k | €478k | €460k | ▼ 3.8% |
| Stocks30/36 | €416k | €415k | €468k | €478k | €460k | ▼ 3.8% |
| Amounts receivable within one year40/41 | €298k | €397k | €188k | €187k | €189k | ▲ 1.2% |
| Trade receivables40 | €258k | €350k | €123k | €154k | €156k | ▲ 0.8% |
| Other amounts receivable41 | €40k | €47k | €65k | €33k | €34k | ▲ 3.2% |
| Cash at bank and in hand54/58 | €130k | €61k | €38k | €32k | €35k | ▲ 10.2% |
| Deferred charges and accrued income490/1 | €27k | €26k | €32k | €39k | €38k | ▼ 1.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.10M | €1.19M | €1.55M | €1.77M | €1.69M | ▼ 4.2% |
| Equity10/15 | €213k | €225k | €682k | €685k | €705k | ▲ 3.0% |
| Contributions10/11 | €31k | €31k | €34k | €34k | €34k | = |
| Revaluation surpluses12 | - | - | €401k | €401k | €401k | = |
| Reserves13 | €28k | €28k | €25k | €25k | €25k | = |
| Non-distributable reserves130/1 | €3k | €3k | - | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | - | - | - | - |
| Distributable reserves133 | €25k | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €154k | €166k | €222k | €225k | €245k | ▲ 9.0% |
| Amounts payable17/49 | €886k | €966k | €866k | €1.08M | €985k | ▼ 8.8% |
| Amounts payable after more than one year17 | €352k | €407k | €678k | €823k | €687k | ▼ 16.5% |
| Financial debts170/4 | - | €58k | €189k | €405k | €326k | ▼ 19.6% |
| Other amounts payable178/9 | €352k | €350k | €489k | €418k | €361k | ▼ 13.6% |
| Amounts payable within one year42/48 | €534k | €559k | €185k | €257k | €298k | ▲ 15.9% |
| Current portion of amounts payable after more than one year42 | - | €15k | €42k | €86k | €103k | ▲ 20.2% |
| Financial debts43 | - | - | - | €72 | €171 | ▲ 138% |
| Credit institutions430/8 | - | - | - | €72 | €171 | ▲ 138% |
| Trade debts44 | €105k | €127k | €92k | €117k | €88k | ▼ 25.0% |
| Suppliers440/4 | €105k | €127k | €92k | €117k | €88k | ▼ 25.0% |
| Taxes, remuneration and social security45 | €12k | €24k | €33k | €13k | €37k | ▲ 184% |
| Taxes450/3 | - | €2k | €14k | - | €18k | - |
| Remuneration and social security454/9 | €12k | €22k | €19k | €13k | €19k | ▲ 44.5% |
| Other amounts payable47/48 | €417k | €393k | €17k | €41k | €70k | ▲ 68.9% |
| Accrued charges and deferred income492/3 | - | - | €4k | €514 | €422 | ▼ 17.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €326 | €12k | €56k | €2k | €20k | ▲ 759% |
| + Depreciation and write-downs630 | €37k | €44k | €68k | €101k | €113k | ▲ 12.4% |
| Operating cash flow (approximation) | €38k | €56k | €125k | €103k | €134k | ▲ 29.5% |
| Investment in fixed assets (approximation) | - | €-109k | €-598k | €-308k | €-52k | ▲ 83.3% |
| Change in cash | - | €-69k | €-23k | €-7k | €3k | ▲ 148% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €56k ▲363%
Operating result €64k, net result €56k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.94
Current ratio from 1.61 to 3.94; short-term debt falls from €559k to €185k.
31-12
Financial
Equity above €500kEq €682k ▲203%
6 profitable years in a row build equity to €682k.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 26 days late
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 39 days late
2021
31-12
Financial
Weakest financial yearnet €326 ▼86.2%
Net result drops to €326, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 87 days late
2020
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sambreville · 1 establishment unit since 1975
Ground area
318 m²
Building footprint
155 m²
Volume, LiDAR
1,225 m³
Parcel 92041A0398/00G000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Vigneron(FAL) 26, 5060 Sambreville
since 19752.231.409.972
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92041A0398/00G000 | Wallonia | 318 m² | 1 · 155 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,805 companies in sector 46831 we hold annual accounts for 1,397. 1,027 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-1975
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
Contact
E-mail
cgilot@materiauxgilot.beSambreville
Phone
071 77 11 57Sambreville
Scores and ratios are computed by Checked and are not a credit decision.