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GISEL

Active Private limited companyfounded 2008active for 18 yearsKouterlosrechts 2, 9500 GeraardsbergenKBO/BCE: BE 0899.365.093 #6 company by equity in Geraardsbergen, Real estate sector
GISEL
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Overview

Lifetime

16 annual accounts with figures on one time axis
peak €291,503 (2012)
€84,175▲ 32.9%
lowest -€68,881 (2015)
€32,873▲ 54.5%
peak €1.3m (2025)
€1.3m▲ 2.7%
€115,400▼ 10.1%
Board2 names since 2008
1 directorPLETINCKX Godwin
Documentsfilings and deeds
26-02-2026155 days before the deadline
2025micro format
Gross margin from €63,318 to €84,175Result from €21,283 to €32,873Registered office moved within Geraardsbergen 10-07

Key points

from the 2025 annual accounts

Equity

€1.3m ▲ 2.7%

GISEL has made a profit without a break since 2018.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Two of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.

Position in the sector

€1.3m

More equity than 94% of companies in real estate. Sector median €73,122 · 17,201 companies.

Checked score

95
Excellent
Financially stronger than 70% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 91.6% of total assets
62-2short-term debt 3.9% · cash 9.2%
72+1return on assets 2.4%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Size: total assets €1.4m
Figures for financial year 2025 (filed on 26-02-2026)
Equity €1.3m (91.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 73% on liquidity, 63% on profitability and 54% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as GISEL has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of GISEL itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 6,049 companies, not a prediction for GISEL. 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 of up to €110,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 9.53 (9.54 in 2024), above the usual 1.5. Short-term debt is 3.9% and cash 9.2% of total assets. 8.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-02-2026)
NBB · annual accounts
lowers risk · Equity €1.3m (91.6% of total assets)
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 26-02-2026, 155 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
155 days early
2024
48 days early
2023
29 days late
2022
28 days late
2021
12 days early
2020
11 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PG
PLETINCKX Godwin
Director, since 01-09-2014
  • PLETINCKX Godwin Lode Maria 100 sharesdeed of 10-07-2025

Shares in 1 company, HHP

Board & ownership

Recent changes

Registered office moved within Geraardsbergen New registered office: Kouterlosrechts 2, 9500 Geraardsbergen · Previous registered office: Driesstraat 19, 9506 Geraardsbergen · Resignation: DE BRAKELEER Iris (director) · General meeting of 01-06-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0899365093
Capital decrease of €27,600 to €16,400 Capital from €44,000 to €16,400 · Resignations: PLETINCKX Godwin (manager) and IRIS DE BRAKELEER (manager) · Reappointments: PLETINCKX Godwin (director) and IRIS DE BRAKELEER (director) · General meeting of 16-04-2021 · Gazette deed
First establishment Driesstraat 19, Geraardsbergen
All 27 events

Comparable companies

same main activity, similar in size and age
Company
GISEL Geraardsbergen €1.4m €84,175 91.6% -
HAVIMAX Destelbergen €1.4m €68,568 78.7% -
IMMO JOFRA Ternat €1.3m €77,918 76.0% -
S PROJECT Verviers €1.3m €84,038 62.1% -
A.Y.T. CONSTRUCT Antwerp €1.4m €96,081 22.8% 1
SMAG IMMO Genappe €1.5m €92,795 24.8% -
K.H.P.A. Liedekerke €1.3m €79,542 25.4% -

These companies have the same main activity as GISEL: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.3m and €1.5m, founded between 2008 and 2009.

Official details

Source: KBO
Status
Active since 11-07-2008Normal situation
Activity
Buying and selling of own real estateNACE 68110and 3 others
Establishment unit
2.235.251.3709506 Geraardsbergen, since 18-07-2008
Financial year end
31 December
Peppol
Reachable since 30-08-2023
Company details

Annual accounts 2025

€84,175▲ 32.9%
≈ €220,000estimated
€32,873▲ 54.5%
€1.3m▲ 2.7%
€1.4m▲ 1.5%
Filing
Filed on 26-02-2026, 155 days before the end of the filing period
Financials

Insights on GISEL

GISEL files the micro format. That format states no turnover. The gross margin fell from €139,139 in 2010 to €84,175 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 26-02-2026, 155 days before the deadline
€84,175
▲ 32.9%
€36,616
▲ 182%
€32,873
▲ 54.5%
€453,511
▲ 8.9%
91.6%
▲ 1.1 percentage points
9.53
▼ 0.00

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €220,000. Estimated: probably between €110,000 and €520,000.

In the rankings #6 company by equity in Geraardsbergen, Real estate sector

Balance sheet

balance sheet total €1.4m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

91.6%

Higher than 93% of 17,185 companies in 2025.

9.53

Higher than 91% of 16,482 companies in 2025.

2.4%

Higher than 55% of 16,861 companies in 2025.

GISEL Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.5m1.4m679,743616,619318,062157,328
21/28 866,975888,421932,575976,9721.1m1.1m1.1m1.1m1.1m1.2m1.1m481,734362,308273,46667,09271,030
22/27 604,475623,421667,575711,972763,770804,349785,122830,199864,322903,839859,513381,734336,558247,68115,15819,418
22 586,380622,024665,421708,819754,174787,629766,695805,261845,504869,319808,433314,094322,492243,147--
23 8691,0791,2891,6542,1752,8911,5262,1291,7102,0212,3322,6431,403461,1751,955
24 17,2253188651,4997,42213,82816,90122,80817,10832,49848,74764,9971,0514,48813,98317,463
26 ------------11,612---
28 262,500265,000265,000265,000295,000295,000295,000275,000255,000255,000255,000100,00025,75025,78651,93451,611
29/58 506,648465,245423,373376,356318,671297,056328,078336,666265,871278,036384,987894,530317,435343,153250,97186,299
40/41 108,231303,924238,550213,135190,213207,681208,594195,015121,824187,978174,270400,49839,999154,855181,85668,176
40 4,60614,59919,47617,10524,95819,79919,65053,88617,22243,03045,33190,65039,64655,104100,083465
41 103,625289,324219,075196,030165,255187,882188,945141,130104,602144,948128,939309,84835399,75181,77367,711
50/53 264,213----------29,1769,4803,482--
54/58 126,515149,874176,920152,500120,21285,587117,511139,460144,04890,059210,709464,856265,903183,51569,10817,889
490/1 7,68911,4487,90310,7218,2463,7881,9732,190--7-2,0531,3007233
Balance sheet: equity and liabilities
10/49 1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.5m1.4m679,743616,619318,062157,328
10/15 1.3m1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.1m1.1m1.1m1.2m452,742258,74496,08584,042
10/11 12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
100 ------40,00040,00040,00040,00040,00040,00040,00040,00040,00040,000
101 ------27,60027,60027,60027,60027,60027,60027,60027,60027,60027,600
13 1.2m1.2m1.2m1.2m1.2m1.2m1.2m1.1m1.1m1.1m1.1m1.2m440,342246,34483,68571,642
130/1 -----4,000----------
130 ------4,0004,0004,0004,0004,0004,0004,0004,0004,0004,000
1311 -----4,000----------
132 868686868686868643-------
133 1.2m1.2m1.2m1.2m1.2m1.2m1.1m1.1m1.1m1.1m1.1m1.2m436,342242,34479,68567,642
17/49 115,400128,317151,883166,799199,370225,436243,348286,883291,272334,359384,323192,207227,001357,875221,97773,287
17 62,26379,546101,304126,195152,061181,612210,292238,636248,567286,139325,821113,615103,038142,5316,85711,711
170/4 62,26379,546101,304126,195152,061181,612210,292238,636248,567286,139325,821113,615103,038142,5316,85711,711
42/48 53,13748,77150,57940,42647,30943,82432,36148,24742,70546,92057,20278,592123,713215,071212,97958,705
42 17,28322,84524,89125,86729,30428,68028,34430,76738,92539,68237,99056,09439,49342,8844,8544,620
43 ----------45-----
430/8 ----------45-----
44 8,6424,7428,2902,0009,5533,5873,7797,8922,6763,67818,6313,8603,4424,1762,6013,503
440/4 8,6424,7428,2902,0009,5533,5873,7797,8922,6763,67818,6313,8603,4424,1762,6013,503
45 20,68519,22915,44310,6048,00711,5572379,5881,1043,56053718,63957,649100,74180,52350,582
450/3 20,68519,22915,44310,6048,00711,5572377,2101,1043,56053718,63953,85096,96480,52350,582
454/9 -------2,379----3,7993,776--
47/48 6,5271,9561,9561,956444-------23,12867,270125,000-
492/3 --0178--695--1,3001,300-2512732,1412,870
Income statement
76A ----11,000------481,427-829-116
9900 84,17563,31859,56859,58972,10052,38856,505128,92855,74641,49218,895101,336135,414291,503225,141139,139
630 41,28044,15544,39751,79852,19749,15346,75363,46657,01755,16092,02124,95813,32617,7307,59014,383
640/8 6,2786,1595,9526,0506,4995,5235,4365,5976,8144,7962,7492,7181,16514,4777322,149
66A -----------1,625--112-
9901 36,61613,0049,2191,74113,404-2,2874,31759,865-8,084-18,465-75,87573,660120,923259,296216,819122,607
75/76B 19,62325,60119,97416,75215217,72314,21412,38311,69411,34313,697210,976122,6315,5191,7131,321
75 19,62325,60119,97416,75215217,72314,21412,38311,69411,34313,697210,976122,6315,5191,7131,321
65/66B 4,1394,0121,7941,8162,2453,1173,4774,1704,9415,5396,7035,1066,43311,3628081,752
65 4,1394,0121,7941,8162,2453,1173,4774,1704,9415,5396,7035,1066,43311,3628081,752
9903 52,10034,59327,40016,67711,31212,32015,05468,078-1,331-12,660-68,881759,333237,121254,282217,612122,292
67/77 19,22613,3109,8648,2194,2096,2045,1827,0187,264--28,01843,12391,62380,56850,651
9904 32,87321,28317,5368,4587,1036,1159,87261,060-8,595-12,660-68,881731,315193,998162,658137,04471,642
689 -------4343-------
9905 32,87321,28317,5368,4587,1036,1159,87261,017-8,638-12,660-68,881731,315193,998162,658137,04471,642
Appropriation of the result
9906 32,87321,28317,5368,4587,1036,1159,87261,017-8,638-12,660-68,881731,315193,998162,658137,04471,642
791/2 --------8,63812,66068,881-----
691/2 32,87321,28317,5368,4587,1036,1159,87261,017---731,315193,998162,65812,04471,642
6920 ---------------4,000
6921 32,87321,28317,5368,4587,1036,1159,87261,017---731,315193,998162,65812,04467,642
694/7 --------------125,000-
694 --------------125,000-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 26-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-02-2026 2026-00044266 PDF
31-12-2024 micro format 13-06-2025 2025-00136882 PDF
31-12-2023 micro format 29-08-2024 2024-00398805 PDF
31-12-2022 micro format 28-08-2023 2023-00361991 PDF
31-12-2021 micro format 19-07-2022 2022-20199879 PDF
31-12-2020 abbreviated format 20-07-2021 2021-37600143 PDF
31-12-2019 micro format 03-07-2020 2020-27100317 PDF
31-12-2018 micro format 25-04-2019 2019-10800427 PDF
31-12-2017 micro format 27-06-2018 2018-24200281 PDF
31-12-2016 micro format 06-06-2017 2017-15100230 PDF
31-12-2015 abbreviated format 31-08-2016 2016-58500589 PDF
31-12-2014 abbreviated format 18-06-2015 2015-19200147 PDF
31-12-2013 abbreviated format 10-06-2014 2014-16400038 PDF
31-12-2012 abbreviated format 05-07-2013 2013-27600370 PDF
30-06-2011 abbreviated format 23-12-2011 2011-65000051 PDF
30-06-2010 abbreviated format 14-01-2011 2011-01000428 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
77,89657,15853,61653,54065,60146,86651,069123,33148,93336,69516,14698,618134,249277,026224,410136,989
74,15465,43861,93260,25659,30055,26856,625124,52648,42242,50023,140756,273207,324180,388144,63486,024
22,33400-30,00011,61968,37921,67649,34317,50099,486724,800185,890102,204250,2524,21486,612
-23,359-27,04624,42032,28834,625-31,924-21,949-4,58853,989-120,650-254,147198,95382,388114,40851,219-
453,511416,474372,794335,930271,362253,232295,718288,418223,166231,117327,785815,938193,722128,08237,99227,594
91.6%90.5%88.8%87.7%85.5%83.9%82.7%80.1%79.0%76.7%74.4%86.0%66.6%42.0%30.2%53.4%
9.539.548.379.316.746.7810.146.986.235.936.7311.382.571.601.181.47
0.090.100.130.140.170.190.210.250.270.300.340.160.501.382.310.87
2.6%1.7%1.5%0.7%0.6%0.5%0.8%5.3%-0.8%-1.1%-6.2%61.8%42.8%62.9%142.6%85.2%
2.4%1.6%1.3%0.6%0.5%0.4%0.7%4.2%-0.6%-0.9%-4.6%53.1%28.5%26.4%43.1%45.5%
18.8214.2529.8929.4829.23-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered€590,000€590,000€590,000€590,000€590,000
Carrying value of the mortgaged assets€584,704€618,963€662,651€702,988€745,001
Pledge on other assets, amount secured----€6,152
Carrying value of the other pledged assets----€5,289

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€22,334---€11,619
€41,280€44,155€44,397€51,798€52,197

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GISEL

The operating result for 2025 is 182% higher than in 2024 and the highest since 2018. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total falls from 9.5% to 8.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2025
PLETINCKX Godwin
Director (not named in the articles)
since 01-09-2014 term without a fixed end
earlier manager, until 03-05-2021
listed in the 2025 annual accounts, filed on 26-02-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 10-07-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
PLETINCKX Godwin
Director (not named in the articles)
DE BRAKELEER Iris
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • PLETINCKX Godwin
    • Director (not named in the articles), from 01-09-2014 to date
    • Manager, until 03-05-2021
  • DE BRAKELEER Iris
    • Director (not named in the articles), from 11-07-2008 to 10-07-2025
    • Manager, until 03-05-2021

See the board, name and registered office on a given date →

Control

Shareholder
PLETINCKX Godwin Lode Maria
This company
GISEL
Equity €1.3m
Profit €32,873 in 2025

Capital

Contribution
€12,400
Source
2025 annual accounts

Articles of association

deed of 03-05-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 19:00

Shareholders

Stated in the deed deed of 10-07-2025 ↗
  • PLETINCKX Godwin Lode Maria 100 shares

Capital transactions

Capital over time
  1. 03-05-2021 Converted to unavailable equity · €16,400
  2. 03-05-2021 Capital reduction of €27,600 · to €16,400 · “vrijstelling van storting volledige saldo nog niet volstortte inbreng”

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyGISEL1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

  • BE HHP BV10% €353,461 result -€3,692

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

The LEI register names no parent.

Earlier ties

Notaris Iris De Brakeleer
via DE BRAKELEER Iris, at GISEL until 2025 · Statutory director · deed of 10-07-2020
founded in 2014
 total assets €1.2m (2025)

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
  • HHP
    Equity €353,461 Loss of €3,692 in 2025 (profit of €298 in 2024) Checked score 82
    Sourceown accounts 2025
    10%
Holdings through the years 2010 to 2025
Holdings through the years
Name2010201120122013201420152016201720182019202020212022202320242025
HHP 10%
INGRID EVENEPOEL & IRIS DE BRAKELEER, GEASSOCIEERDE NOTARISSEN 50%

Source: list of holdings in its own accounts

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

27 events since 2008

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 155 days before the deadline
2025
Registered office moved within GeraardsbergenNew registered office: Kouterlosrechts 2, 9500 Geraardsbergen · Previous registered office: Driesstraat 19, 9506 Geraardsbergen · Resignation: DE BRAKELEER Iris (director) · General meeting of 01-06-20255 points ▸
  • General meeting, 01-06-2025
  • PLETINCKX Godwin Lode Maria holds 100 shares
  • Director resignation, DE BRAKELEER Iris
  • Board meeting, 01-06-2025
  • Registered-office move, Kouterlosrechts 2, 9500 Geraardsbergen
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFmicro format · 48 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0899365093
Annual accounts 2022 filed PDFmicro format · 28 days late
2022
Annual accounts 2021 filed PDFmicro format · 12 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 11 days before the deadline
Capital decrease of €27,600 to €16,400Capital from €44,000 to €16,400 · Resignations: PLETINCKX Godwin (manager) and IRIS DE BRAKELEER (manager) · Reappointments: PLETINCKX Godwin (director) and IRIS DE BRAKELEER (director) · General meeting of 16-04-20219 points ▸

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFmicro format · 28 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 97 days before the deadline
2018
Back to profit net €61,060 The net result is €61,060, after 3 loss-making years.
Annual accounts 2017 filed PDFmicro format · 34 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 55 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Weakest financial year net -€68,881 The net result drops to -€68,881, the lowest from 2010 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFabbreviated format · 43 days before the deadline
2014
Highest result from 2010 to 2025 net €731,315 ▲277% The net result of €731,315 is the highest of those years.
Liquidity more than quadruples current ratio 11.38 The current ratio rises from 2.57 to 11.38. Short-term debt falls from €123,713 to €78,592.
Equity above €1m equity €1.2m ▲162% With a profit in every financial year since 2010, equity grows to €1.2m.
Annual accounts 2013 filed PDFabbreviated format · 51 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 26 days before the deadline
2012
Equity above €200,000 equity €258,744 ▲169% With a profit in every financial year since 2010, equity grows to €258,744.
2011
Annual accounts 2011 filed PDFabbreviated format · 39 days before the deadline
Annual accounts 2010 filed PDFabbreviated format · 17 days before the deadline
2008
First establishment Driesstraat 19, Geraardsbergen
Incorporation PDFpublished on 30-07-2008

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 11 July 2008, GISEL was incorporated.1 In 2025 the registered office moved to Geraardsbergen.2 Total assets went from €1.4m in 2018 to €1.4m in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-07-2025
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0899.365.093
VAT number
BE 0899.365.093
Peppol ID
0208:0899365093
Other Peppol ID
9925:BE0899365093
LEI code
6488QWXQ2AM851767Y73 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
11-07-2008
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 19:00
deed of 03-05-2021 (in Dutch)
Peppol
Reachable since 30-08-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
GISEL in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-05-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 03-05-2021 (in Dutch)

Activities

NACEBEL 2025
68110 Buying and selling of own real estate main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
68203 Renting and operating of own or leased non-residential real estate, excluding land
69102 Activities of notaries
Codes under NACEBEL 2008
68100 Real estate activities main activity
68201 Real estate activities
68203 Real estate rental
69102 Activities of notaries
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en…”
7 activities
  1. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten
  2. Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een(semi)publiekrechtelijk statuut
  3. Het beheren van beleggingen en van participaties in dochtervennootschapen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
  4. Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen
  5. Het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
  6. Het vervullen van administratieve taken voor derden
  7. Zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande.Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar zaakvoerder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap
deed of 03-05-2021 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kouterlosrechts 2 registered office 9500 Geraardsbergen
Driesstraat 19 9506 Geraardsbergen 18-07-2008 2.235.251.370
1 former office
  • 9506 Geraardsbergen until the deed of 10-07-2025

Buildings and parcels at the addresses

Ground area
1,486 m²
Buildings
567 m²
Volume, LiDAR
3,374 m³
Tallest building
12.0 m
Buildings to scale, each on its own parcel
363 m², 7.7 m 204 m², 12.0 m 363 m², 7.7 m 204 m², 12.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
41056B0080/00K0001,286 m² 1 · 363 m² 7.7 m · 2
41031A0276/00P000200 m² 1 · 204 m² 12.0 m · 3

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