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GILPACK

Active Private limited companyfounded 1992active for 34 yearsPrins Boudewijnlaan 21A, 2550 KontichKBO/BCE: BE 0447.686.672

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €619,035 (2024)
€546,455▼ 11.7%
lowest -€106,091 (2016)
€31,548▼ 25.2%
peak €383,173 (2025)
€383,173▲ 9.0%
€779,527▲ 77.9%
peak 5.6 FTE (2024)
5 FTE▼ 10.7%
Board1 name since 2006
1 director
Documentsfilings and deeds
21-09-202652 days late
2025abbreviated format
Result from €42,174 to €31,548Staff from 5.6 FTE to 5 FTEChange of role: , from manager to director 11-09Debts from €438,274 to €779,527Cash from €224,936 to €454,292

Key points

from the 2025 annual accounts

Equity

€383,173 ▲ 9.0%

GILPACK has made a profit without a break since 2017.

Debts

€779,527 ▲ 77.9%
Suppliers
+236,388
Financial debts
+14,953
The rest
+89,912

Debts rose by €341,253 in 2025.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Nine of the last ten came late. The 2019 accounts came latest: 102 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as GILPACK has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,035 companies, not a prediction for GILPACK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 21-11-2006
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447686672
Change of role: , from manager to director Gazette deed
First establishment THE SIGN BVBA, Arendshoflaan 63, Antwerp
Incorporation published on 10-07-1992 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
GILPACK Kontich €1.2m €546,455 33.0% 5
ELEKTRO DERMO Heist-op-den-Berg €1.1m €497,921 30.8% 5
PICS Antwerp €1.1m €544,762 16.2% 5.9
WESTERSTRAND - EUROPE Kortrijk €1.0m €542,246 16.9% 4.8
GEBELUX Saint-Georges-sur-Meuse €1.4m €413,880 61.8% 4.8
Goossens Santens Wommelgem €0.9m €518,616 69.5% 6.7
DITEC Turnhout €1.6m €526,578 61.3% 3.6

These companies have the same main activity as GILPACK: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €878,000 and €1.6m, founded between 1990 and 1994.

Official details

Source: KBO
Status
Active since 16-06-1992Normal situation
Activity
Wholesale of electrical equipment, including installation materialsNACE 46643and 5 others
Joint committee
149.04Metal trade · annual accounts 2025
Establishment unit
2.058.403.7422100 Antwerp, since 31-07-1992
Financial year end
31 December
Peppol
Reachable since 01-12-2025
Company details

Annual accounts 2025

≈ €2.8mestimated
€1.2m▲ 47.2%
Employeeson 31-12-2025
6=
Filing
Filed on 21-09-2026
Financials

Insights on GILPACK

GILPACK files the abbreviated format. That format states no turnover. The gross margin rose from €28,769 in 2006 to €546,455 in 2025.

The balance sheet grew most from 2009 to 2011 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GILPACK

What is the company number of GILPACK?
The company number of GILPACK is 0447.686.672. The VAT number is the same number with BE in front: BE 0447.686.672.
Where is GILPACK based?
The registered office is at Prins Boudewijnlaan 21A, 2550 Kontich.Company details
What does GILPACK do?
According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
What is the legal form of GILPACK?
GILPACK is a private limited company (BV).
When was GILPACK founded?
GILPACK was founded on 16-06-1992.
Is GILPACK still active?
Yes, GILPACK is an active enterprise in the KBO register.
How many employees does GILPACK have?
GILPACK had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GILPACK fall under?
In its 2025 annual accounts, GILPACK states joint committee 149.04 (Metal trade).
What is the turnover of GILPACK?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €546,455 and 139 comparable companies (NACE 46). It probably lies between €1.7m and €4.7m.
Is GILPACK profitable?
In financial year 2025, GILPACK made a profit of €31,548.
Where can I find the annual accounts of GILPACK?
GILPACK filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GILPACK due?
GILPACK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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