GILSON CEDRIC
ActiveGILSON CEDRIC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-24
Solvency34▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.1%
Return on assets
5.5%
Age of the figures
21 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
50 d early
2022
54 d early
2021
16 d early
2020
9 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▲ 152%
2023 · €2k
2018: €6k
2019: €6k
2020: €-13k
2021: €-11k
2022: €-2k
2023: €2k
2018 → 2024
Total assets
€58k▲ 419%
2023 · €11k
2018: €33k
2019: €37k
2020: €29k
2021: €16k
2022: €12k
2023: €11k
2018 → 2024
Net result
€3k▼ 20.0%
2023 · €4k
2018: €12k
2019: €136
2020: €-19k
2021: €2k
2022: €9k
2023: €4k
2018 → 2024
Working capital
€4k▲ 7.0%
2023 · €4k
2018: €-12k
2019: €-4k
2020: €-14k
2021: €-8k
2022: €-1k
2023: €4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-13k-€-11k▲ 18.4%€-2k▲ 82.1%€2k€5k▲ 152%
Operating result€-18k-€3k€10k▲ 217%€5k▼ 52.0%€4k▼ 15.5%
Net result€-19k-€2k€9k▲ 265%€4k▼ 54.1%€3k▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€29k▲ 4,687%
Current assets
€29k▲ 171%
Equity and liabilities €58k
Equity
€5k▲ 152%
Debt
€53k▲ 481%
The debt ratio rises from 81.3% to 90.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2023 · €9k
Cash flow
€11k▲
2023 · €9k
Solvency
9.1%▼
2023 · 18.7%
Current ratio
1.15▼
2023 · 1.51
Quick ratio
0.91▼
2023 · 1.51
Debt / equity
10.01▲
2023 · 4.35
ROE
60.4%▼
2023 · 190.3%
ROA
5.5%▼
2023 · 35.6%
Interest coverage
17.35▼
2023 · 19.08
Debt
€53k▲
2023 · €9k
Debt ≤ 1 year
€25k▲
2023 · €7k
Debt > 1 year
€27k
Income taxes
€47
Staff costs
€307▲
2023 · €256
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€11k€58k▲
Fixed assets21/28€612€29k▲
Tangible fixed assets22/27€587€29k▲
Plant, machinery and equipment23€397€12▼
Furniture and vehicles24€190€29k▲
Financial fixed assets28€25€25=
Current assets29/58€11k€29k▲
Stocks and contracts in progress3-€6k
Stocks30/36-€6k
Amounts receivable within one year40/41€2k€12k▲
Trade receivables40€716€716=
Other amounts receivable41€1k€11k▲
Cash at bank and in hand54/58€8k€11k▲
Equity and liabilities
Total equity and liabilities10/49€11k€58k▲
Equity10/15€2k€5k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-6k€-3k▲
Amounts payable17/49€9k€53k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€7k€25k▲
Current portion of amounts payable after more than one year42€3k€6k▲
Trade debts44€2k€18k▲
Suppliers440/4€2k€18k▲
Taxes, remuneration and social security45-€47
Taxes450/3-€47
Other amounts payable47/48€2k€446▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€256€307▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€533€2k▲
Non-recurring operating charges66A€130-
Gross operating margin9900€10k€15k▲
Operating profit (loss)9901€5k€4k▼
Financial charges65/66B€804€809▲
Recurring financial charges65€489€683▲
Non-recurring financial charges66B€315€126▼
Profit (loss) for the period before taxes9903€4k€3k▼
Income taxes67/77-€47
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-3k▲
Profit (loss) brought forward from the previous period14P€-10k€-6k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Weakest financial yearnet €-19k ▼14262%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 121 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Thuin · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Nespériat(THN) 386530 ThuinGround area
729 m²
Building footprint
79 m²
Volume, LiDAR
718 m³
Parcel 56078A0174/00G002, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GILSON CEDRIC
since 20122.205.460.888
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078A0174/00G002 | Wallonia | 729 m² | 1 · 79 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
A Constructions
BE 0782.596.196
Pelt · Eq €5k
ACTIBATY
BE 0552.681.650
Incourt · Eq €5k
FLP création
BE 1018.661.336
Sprimont · Eq €5k
BORREMANS INTERIEUR
BE 1001.893.796
Pepingen · Eq €5k
BOSMANS INTERIEUR
BE 0695.891.559
Dendermonde · Eq €5k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 3,180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2011
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.