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 directorHidden nameVisible after signing in
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: Name after signing inVisible after signing in, from manager to director11-09Debts from €438,274 to €779,527Cash from €224,936 to €454,292
Nine of the last ten came late. The 2019 accounts came latest: 102 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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