Skip to content

GILTAM

Active
Public limited companyfounded 199729 yrs activeParklaan 2, 2300 Turnhout, BelgiumKBO/BCE: BE 0461.110.185
Summary

GILTAM has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of -€274,923. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 4652 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
GILTAMActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of flowers, plants, seeds and fertilisers
NACE 47761Wholesale of other household goods NACE 46499Air transport NACE 51220
1 site
Size
€4.1mtotal assets 2025
Staff
2.5 FTE
Equity
€2.9m
Loss
-€274,923
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
PELCKMANS HOLDING · 99.99%
Accounts 23 d early0 of 13 deeds read
Why 94- Loss of €274,923 (FY 2025)+ Size: 2.5 FTE, total assets €4.1m+ Founded in 1997+ Equity €2.9m (70.2% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 95+12
equity 70.2% of total assets
Liquidity 67-17
short-term debt 9.8% · cash 14.0%
Profitability 10-90
return on assets -6.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▼ -2.4% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%▲ +5.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%▲ +4.8% vs 05-2025 07-2025: 0.1%▲ +18.2% vs 06-2025 08-2025: < 0.1%▼ -48.1% 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%▼ -3.7% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%▲ +7.7% vs 03-2026 05-2026: < 0.1%▲ +3.6% vs 04-2026 06-2026: < 0.1%▲ +3.4% vs 05-2026 07-2026: < 0.1%▲ +3.3% vs 06-2026 08-2026: 0.1%▲ +139% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value
  • Loss of €274,923 (FY 2025) raises the probability
  • Size: 2.5 FTE, total assets €4.1m lowers the probability for this profile
  • Founded in 1997 lowers the probability for this profile
  • Equity €2.9m (70.2% of total assets) lowers the probability
Credit up to €270,000 at 30 days acceptable
Liquidity ample (current ratio 8.81 against 4.22 in 2024; short-term debt: 9.8% and cash: 14% of total assets), and 29.8% 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 47, micro). Better than this share of them on solvency 81%, liquidity 74%, profitability 17%, growth against the median 27%. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €274,923 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 2.5 FTE, total assets €4.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1997
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €2.9m (70.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
21 d early
2023
9 d early
2022
39 d early
2021
26 d early
2020
2 d early
2019
9 d early
← 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 18 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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. Weakest financial yearnet -€274,923
  3. Liquidity doublescurrent ratio 8.81

Key points

  • Caution: From profit to loss in 2025after €1.5m in 2024 -€274,923 View
  • Caution: Among the weakest 6% on net resultsector median €40,227 · 4,652 companies -€274,923 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by PELCKMANS HOLDINGknown shareholders 100% 99.99% View

By topic

Financials

Fiscal year
2025
Total assets
€4.1m
Loss
-€274,923
Solvency
70.2%
Turnover▼ 7.1%
Net result
20182023
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 08-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 31-12-2025Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of flowers, plants, seeds and fertilisersNACE 47761
Founded
09-07-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies Which other companies belong to the same group?GARDEN CENTER HOLDING · 22 companies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure