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Giselan

Active
Public limited companyfounded 1968active for 58 yearsHogeweg 103, 9320 Aalst, BelgiumKBO/BCE: BE 0400.299.895
Summary

The computed 12-month bankruptcy probability of Giselan is 7.2% (elevated). The 2025 annual accounts show negative equity (-€426,975) and a net result of -€105,741. Equity has been shrinking by about 21% per year since 2018. The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
“De aan- en verkoop van alle breigoederen,merceriën,modeartikelen,lederwaren,confectieartikelen,evenals de fabricatie van dezelfde artikelen en alle…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.000.686.960 9320 Aalst, since 01-11-1965
Financial year end
31 December
Peppol
Reachable since 01-12-2025

Board and ownership

Board

Financial position

32 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.2%
Annual accounts 2025
Gross margin
€57,944
▼ 73.1%
Turnover
≈ €160,000
estimated
Loss
€105,741
Equity
-€426,975
▼ 32.9%
Total assets
€826,029
▼ 13.3%
Staff
2.7 FTE
=
  • Negative equity on 31-12-2025
Filed on 09-07-2026, 22 days before the deadline
Score breakdownraises riskNegative equity -€426,975Loss of €105,741 (financial year 2025)No main activity registeredLiquidity: current ratio 0.01, cash €1,959, halvedShow the evidence

Checked score

Score 2025
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 8% of micro companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 0=
equity -51.7% of total assets
Liquidity 0-5
short-term debt 145.3% · cash 0.2%
Profitability 3-33
return on assets -12.8%
Bankruptcy probability within 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.2% 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▼ -0.9 percentage points vs 06-2025 08-2025: 2.2%● unchanged vs 07-2025 09-2025: 2.2%● unchanged vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.2%● unchanged vs 02-2026 04-2026: 2.2%● unchanged vs 03-2026lowest value 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 7.2%▲ +4.9 percentage points vs 07-2026highest value 09-2026: 7.2%● unchanged vs 08-2026highest value 10-2026: 7.2%● unchanged vs 09-2026highest value 11-2026: 7.2%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.1 in 2024), below 1. Short-term debt is 145.3% and cash 0.2% of total assets. Equity is negative.
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 (no NACE code, micro). It does better than 5% of them on solvency, 3% on liquidity, 9% on profitability and 13% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Six signals.
raises riskneutral
raises risk · Negative equity -€426,975
NBB · annual accounts
raises risk · Loss of €105,741 (financial year 2025)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Liquidity: current ratio 0.01, cash €1,959, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€426,975
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
37 days early
2023
34 days early
2022
34 days early
2021
29 days late
2020
9 days early
2019
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 23 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 09-07-2026 at the NBB all 49 filings

Turnover
≈ €160,000
Estimated: probably between €99,000 and €310,000
EBIT margin
Not included in this filing
Net result
-€105,741
2024 · €7,272
Working capital
-€1.2m▼ 8.7%
2024 · -€1.1m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €82,460, after a profit of €30,321 in 2024. It is the lowest result since 2021.

Operating result-€0.08m 2025 Net result-€0.1m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.07m--€0.1m▼ 69.0%-€0.1m▼ 4.1%€0.08m-€0.07m-€0.04m▲ 49.4%€0.03m-€0.08m
Net result-€0.09m--€0.1m▼ 53.4%-€0.1m▼ 3.0%€0.06m-€0.09m-€0.05m▲ 38.5%€0.007m-€0.1m
Equity€0.03m--€0.1m-€0.2m▼ 131%-€0.2m▲ 23.6%-€0.3m▼ 48.0%-€0.3m▼ 20.0%-€0.3m▲ 2.2%-€0.4m▼ 32.9%
Total assets€1.6m-€1.3m▼ 21.6%€1.3m▲ 3.0%€1.1m▼ 14.4%€1.0m▼ 7.9%€1.0m▼ 1.2%€1.0m▼ 7.3%€0.8m▼ 13.3%
Debt€1.6m-€1.4m▼ 13.7%€1.6m▲ 12.7%€1.3m▼ 15.9%€1.3m=€1.4m▲ 3.2%€1.3m▼ 6.1%€1.3m▼ 1.7%
Working capital-€1.3m--€1.1m▲ 13.6%-€1.2m▼ 5.8%-€1.0m▲ 16.1%-€1.1m▼ 8.6%-€1.1m▼ 3.9%-€1.1m▲ 2.3%-€1.2m▼ 8.7%
Staff (FTE)3.5-2.8▼ 20.0%2.7▼ 3.6%2.7=2.7=2.7=2.7=2.7=
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €826,029
Fixed assets €818,406 ▼ 0.9%
Current assets €7,623 ▼ 94.0%
Equity and liabilities
Equity-€426,975
Debt€1.3m
Equity is negative. Debt (€1.3m) exceeds the balance-sheet total (€826,029).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€74,673▼
2024 · €48,904
Cash flow
-€97,954▼
2024 · €25,855
Solvency
-51.7%▼
2024 · -33.7%
Current ratio
0.01▼
2024 · 0.10
ROA
-12.8%▼
2024 · 0.8%
Interest coverage
-3.14▼
2024 · 1.94
Debt ≤ 1 year
€1.2m▼
2024 · €1.2m
Debt > 1 year
€50,000=
2024 · €50,000
Income taxes
-€290▼
2024 · €608
Staff costs
€115,188▼
2024 · €152,104
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date3333-
full-time1111-
part-time2222-
in full-time equivalents2.72.72.72.7-
Average over the year, in full-time equivalents2.72.72.72.70.6
On a permanent contract3333-
Joined----0
Left----3

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€6,690€3,093---
Depreciation and write-downs of the year€31,259€29,927€18,583€18,583€7,787

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

Companies with the same profile, two years later

Historical observation

In July 2024, 6,619 companies had the same profile as Giselan has now. Two years later, 4.5% had gone bankrupt and 84.5% were still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10.0% stopped otherwise
84.5% was still going

Another 1.0% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Giselan itself is higher: 7.2% within 12 months. It rests on far more data about Giselan than the profile alone.

Test of the method

The method was tested on the 497,446 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 6,619 companies, not a prediction for Giselan. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines

Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.0m€0.8m▼
Fixed assets21/28€0.8m€0.8m▼
Tangible fixed assets22/27€0.8m€0.8m▼
Land and buildings22€0.8m€0.8m▼
Plant, machinery and equipment23€0.03m€0.03m=
Furniture and vehicles24€0.002m€0.001m▼
Current assets29/58€0.1m€0.008m▼
Stocks and contracts in progress3€0.08m€0▼
Stocks30/36€0.08m€0▼
Amounts receivable within one year40/41€0.002m€0.001m▼
Trade receivables40€0.001m€0▼
Other amounts receivable41€0.001m€0.001m▼
Cash at bank and in hand54/58€0.04m€0.002m▼
Deferred charges and accrued income490/1€0.007m€0.005m▼
Equity and liabilities
Total equity and liabilities10/49€1.0m€0.8m▼
Equity10/15-€0.3m-€0.4m▼
Contributions10/11€0.7m€0.7m=
Capital10€0.7m€0.7m=
Issued capital100€0.7m€0.7m=
Reserves13€0.07m€0.07m=
Non-distributable reserves130/1€0.06m€0.06m=
Legal reserve130€0.06m€0.06m=
Distributable reserves133€0.004m€0.004m=
Profit (loss) carried forward14-€1.1m-€1.2m▼
Amounts payable17/49€1.3m€1.3m▼
Amounts payable after more than one year17€0.05m€0.05m=
Financial debts170/4€0.05m€0.05m=
Amounts payable within one year42/48€1.2m€1.2m▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0.2m€0.2m▲
Credit institutions430/8€0.2m€0.2m▲
Trade debts44€0.006m€0.002m▼
Suppliers440/4€0.006m€0.002m▼
Advances received on contracts in progress46€0.002m€0▼
Taxes, remuneration and social security45€0.04m€0.006m▼
Taxes450/3€0.02m€0.006m▼
Remuneration and social security454/9€0.03m€0▼
Other amounts payable47/48€1.0m€1.0m▼
Accrued charges and deferred income492/3€0.001m€0.003m▲
Income statement Code20242025
Non-recurring operating income76A-€0.008m
Remuneration, social security and pensions62€0.2m€0.1m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.008m▼
Other operating charges640/8€0.01m€0.02m▲
Non-recurring operating charges66A€0-
Gross operating margin9900€0.2m€0.06m▼
Operating profit (loss)9901€0.03m-€0.08m▼
Financial income75/76B€0.003m€178▼
Recurring financial income75€0.003m€178▼
Financial charges65/66B€0.03m€0.02m▼
Recurring financial charges65€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€0.008m-€0.1m▼
Income taxes67/77€0.001m-€290▼
Profit (loss) for the period9904€0.007m-€0.1m▼
Profit (loss) for the period to be appropriated9905€0.007m-€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.1m-€1.2m▼
Profit (loss) brought forward from the previous period14P-€1.1m-€1.1m▲
Social balance sheet
Average headcount (FTE)90872.72.7=

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€143,840€3,620€0-€7,744-
Remuneration, social security and pensions62---€103,680€140,848€146,605€152,104€115,188▼ 24.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,273€31,494€32,015€31,259€29,927€18,583€18,583€7,787▼ 58.1%
Other operating charges640/8---€10,514€10,773€10,305€14,755€17,429▲ 18.1%
Non-recurring operating charges66A-----€330€0--
Gross operating margin9900€130,631€110,609€6,632€221,877€108,871€139,069€215,762€57,944▼ 73.1%
Operating profit (loss)9901-€66,745-€112,785-€117,445€76,423-€72,677-€36,754€30,321-€82,460-
Financial income75/76B---€4,256€4,939€2,878€2,734€178▼ 93.5%
Recurring financial income75€5,904€5,046€7,660€4,256€4,939€2,878€2,734€178▼ 93.5%
Financial charges65/66B---€23,393€20,914€20,564€25,174€23,750▼ 5.7%
Recurring financial charges65€25,599€25,041€26,945€23,393€20,914€20,564€25,174€23,750▼ 5.7%
Profit (loss) for the period before taxes9903-€86,440-€132,780-€136,729€57,287-€88,652-€54,439€7,881-€106,031-
Income taxes67/77€302€299€289€305€215€232€608-€290-
Profit (loss) for the period9904-€86,741-€133,080-€137,018€56,982-€88,867-€54,672€7,272-€105,741-
Profit (loss) for the period to be appropriated9905-€86,741-€133,080-€137,018€56,982-€88,867-€54,672€7,272-€105,741-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.6m€1.3m€1.3m€1.1m€1.0m€1.0m€1.0m€0.8m▼ 13.3%
Fixed assets21/28€1.4m€1.1m€1.0m€0.9m€0.9m€0.8m€0.8m€0.8m▼ 0.9%
Tangible fixed assets22/27€1.4m€1.1m€1.0m€0.9m€0.9m€0.8m€0.8m€0.8m▼ 0.9%
Land and buildings22---€0.9m€0.8m€0.8m€0.8m€0.8m▼ 0.9%
Plant, machinery and equipment23---€0.03m€0.03m€0.03m€0.03m€0.03m=
Furniture and vehicles24---€0.003m€0.005m€0.003m€0.002m€0.001m▼ 55.7%
Financial fixed assets28€0.002m€98€98€0-----
Current assets29/58€0.3m€0.2m€0.3m€0.2m€0.2m€0.2m€0.1m€0.008m▼ 94.0%
Stocks and contracts in progress3€0.2m€0.2m€0.2m€0.2m€0.1m€0.1m€0.08m€0▼ 100%
Stocks30/36---€0.2m€0.1m€0.1m€0.08m€0▼ 100%
Amounts receivable within one year40/41€444€0.001m€0.002m€0.001m€480€0.001m€0.002m€0.001m▼ 58.7%
Trade receivables40---€0-€208€0.001m€0▼ 100%
Other amounts receivable41---€0.001m€480€448€0.001m€0.001m▼ 29.8%
Cash at bank and in hand54/58€0.01m€0.01m€0.02m€0.06m€0.04m€0.04m€0.04m€0.002m▼ 95.1%
Deferred charges and accrued income490/1---€0.007m€0.006m€0.008m€0.007m€0.005m▼ 27.4%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.3m€1.3m€1.1m€1.0m€1.0m€1.0m€0.8m▼ 13.3%
Equity10/15€0.03m-€0.1m-€0.2m-€0.2m-€0.3m-€0.3m-€0.3m-€0.4m▼ 32.9%
Contributions10/11€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m=
Capital10---€0.7m€0.7m€0.7m€0.7m€0.7m=
Issued capital100---€0.7m€0.7m€0.7m€0.7m€0.7m=
Reserves13€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m=
Non-distributable reserves130/1---€0.06m€0.06m€0.06m€0.06m€0.06m=
Legal reserve130---€0.06m€0.06m€0.06m€0.06m€0.06m=
Distributable reserves133---€0.004m€0.004m€0.004m€0.004m€0.004m=
Profit (loss) carried forward14-€0.8m-€0.9m-€1.1m-€1.0m-€1.1m-€1.1m-€1.1m-€1.2m▼ 9.3%
Amounts payable17/49€1.6m€1.4m€1.6m€1.3m€1.3m€1.4m€1.3m€1.3m▼ 1.7%
Amounts payable after more than one year17€0.06m€0.05m€0.1m€0.08m€0.06m€0.05m€0.05m€0.05m=
Financial debts170/4---€0.08m€0.06m€0.05m€0.05m€0.05m=
Amounts payable within one year42/48€1.6m€1.3m€1.5m€1.2m€1.3m€1.3m€1.2m€1.2m▼ 1.9%
Current portion of amounts payable after more than one year42---€0.02m€0.02m€0.007m€0--
Financial debts43---€0.2m€0.2m€0.2m€0.2m€0.2m▲ 15.5%
Credit institutions430/8---€0.2m€0.2m€0.2m€0.2m€0.2m▲ 15.5%
Trade debts44€0.05m€0.05m€0.08m€0.02m€0.05m€0.09m€0.006m€0.002m▼ 60.8%
Suppliers440/4---€0.02m€0.05m€0.09m€0.006m€0.002m▼ 60.8%
Advances received on contracts in progress46---€0.002m€0.006m€0.005m€0.002m€0▼ 100%
Taxes, remuneration and social security45---€0.03m€0.03m€0.04m€0.04m€0.006m▼ 86.0%
Taxes450/3---€0.01m€0.008m€0.01m€0.02m€0.006m▼ 61.0%
Remuneration and social security454/9---€0.02m€0.02m€0.03m€0.03m€0▼ 100%
Other amounts payable47/48---€1.0m€1.0m€1.0m€1.0m€1.0m▼ 1.3%
Accrued charges and deferred income492/3---€0.003m€0.001m€0.001m€0.001m€0.003m▲ 398%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€86,741-€133,080-€137,018€56,982-€88,867-€54,672€7,272-€105,741-
+ Depreciation and write-downs630€33,273€31,494€32,015€31,259€29,927€18,583€18,583€7,787▼ 58.1%
Operating cash flow (approximation)-€53,468-€101,586-€105,003€88,241-€58,940-€36,089€25,855-€97,954-
Investment in fixed assets (approximation)-€281,671-€5,073€119,568-€3,093€330€0€0-
Change in cash-€3,573€7,261€38,763-€21,888-€1,341€3,700-€37,746-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 09-07-2026 2026-00273276 NBB
31-12-2024 abbreviated format 24-06-2025 2025-00175668 PDF
31-12-2023 abbreviated format 27-06-2024 2024-00182730 PDF
31-12-2022 abbreviated format 27-06-2023 2023-00177996 PDF
31-12-2021 abbreviated format 29-08-2022 2022-20408947 PDF
31-12-2020 abbreviated format 22-07-2021 2021-38800524 PDF
31-12-2019 abbreviated format 09-06-2020 2020-15500492 PDF
31-12-2018 abbreviated format 11-04-2019 2019-10100004 PDF
31-12-2017 abbreviated format 26-04-2018 2018-10700557 PDF
31-12-2016 abbreviated format 27-06-2017 2017-23000430 PDF

Show all 49 filings

Board & ownership

Directors

Directors
3 directors, 1 in day-to-day management, last change in 2022

Board 3

Verbeiren Bart
Director · since 06-05-2022 · listed in the 2025 annual accounts, filed on 09-07-2026
Current
Verdoodt Anne
Director · since 06-05-2022 · listed in the 2025 annual accounts, filed on 09-07-2026
Current
Verdoodt Margriet
Director · since 06-05-2022 · listed in the 2025 annual accounts, filed on 09-07-2026
Current

Day-to-day management 1

Verdoodt Anne
Managing director · in office according to the act of 06-12-2022
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Two directors jointly, or a managing director alone
deed of 06-12-2022

Owners and capital

Capital transactions

Capital over time
  1. 09-01-2024 Capital stated in the deed · €749,939.65 · 597 shares

Mandate history

4 people, 3 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Verdoodt Anne
  • Director, since before 06-05-2022
  • Managing director, since before 06-05-2022
Verdoodt Margriet
  • Director, since before 06-05-2022
Verbeiren Bart
  • Director, appointed in the act of 06-12-2022, still in office
Verdoodt Frans
  • Director, until 06-12-2022
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuursorgaan, algemene vergadering kan mandaat te allen tijde zonder opgave van redenen met onmiddellijke ingang beëindigen”
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Bij wet bepaalde gevallen, besluit algemene vergadering beraadslagend op wijze door wet vereist”

Articles of association, deed of 09-01-2024 (in Dutch)

Network & group

Giselan shares no director with another company.

Companies at the same address

1 other company

Connections & network

3 current directors
Depth

The network starts from the directors of Giselan. Every other company they run is a node.

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

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
09-07
NBB filing Annual accounts 2025 filedNBB
full format · 22 days before the deadline
2025
24-06
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 37 days before the deadline
2024
31-12
Financial Back to profitnet €7,272
The net result is €7,272, after 2 loss-making years.
27-06
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 34 days before the deadline
09-01
Gazette deed Amendment of the articles
Capital · Registered office clause · Power of attorney6 points ▸
  • General meeting, “9320 Aalst,Hogeweg 103, proces-verbaal van 2023-11-28” (deed in Dutch)
  • Other provision, “WVV, Vaststelling inwerkingtreding WVV” (deed in Dutch)
  • Amendment of the articles
  • Capital, €749,939.65
  • Registered office clause, “blijft gevestigd, 9320 Aalst,Hogeweg 103” (deed in Dutch)
  • Power of attorney

Open the act in the Belgian Official Gazette

2023
27-06
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 34 days before the deadline
2022
06-12
Gazette deed Resignation: Verdoodt Frans (director)
Reappointments: Verdoodt Anne (director) and Verdoodt Margriet (director) · Appointment: Verbeiren Bart (director) · Director discharge12 points ▸
  • General meeting, 18-08-2022
  • Director resignation, Verdoodt Frans (director)
  • Director discharge, Verdoodt Frans
  • Director reappointment, Verdoodt Anne (director)
  • Director reappointment, Verdoodt Margriet (director)
  • Director appointment, Verbeiren Bart (director)
  • Other provision, “aanvaarding mandaat en verklaring geen verhindering” (deed in Dutch)
  • Board meeting, 18-08-2022
  • Director reappointment, Verdoodt Anne (managing director)
  • Board composition, Verdoodt Anne ((gedelegeerd) bestuurder)
  • Board composition, Verdoodt Margriet (director)
  • Board composition, Verbeiren Bart (director)

Open the act in the Belgian Official Gazette

29-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 29 days late
2021
31-12
Financial Back to profitnet €56,982
The net result is €56,982, after 3 loss-making years.
22-07
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 9 days before the deadline
2020
31-12
Financial Weakest financial yearnet -€137,018
The net result drops to -€137,018, the lowest from 2018 to 2025. It recovers the following year.
09-06
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 52 days before the deadline
Show earlier events
2019
11-04
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 111 days before the deadline
2018
26-04
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 96 days before the deadline
2017
27-06
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 34 days before the deadline
Financial milestoneGazette deedNBB filingFinancial 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 1 January 1968, Giselan was incorporated.1 Total assets went from €1.6m in 2018 to €826,029 in 2025 and headcount from 3.5 to 2.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name Giselan in Dutch
Enterprise number 0400.299.895
Legal form Public limited company
Status Active, normale toestand
Founded 01-01-1968
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-01-2024 (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 09-01-2024 (in Dutch)

Registered office and establishments

Registered office Hogeweg 103, 9320 Aalst, Belgium
Establishment unit Giselan, Hogeweg 94, 9320 Aalst since 01-11-1965 · unit number 2.000.686.96068201 Renting and operating of own or leased residential real estate, excluding social housing

Activities

Joint committees 100 Aanvullend Paritair Comité voor de werklieden
201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aan- en verkoop van alle breigoederen,merceriën,modeartikelen,lederwaren,confectieartikelen,evenals de fabricatie van dezelfde artikelen…”
3 activities
  1. De aan- en verkoop van alle breigoederen,merceriën,modeartikelen,lederwaren,confectieartikelen,evenals de fabricatie van dezelfde artikelen en alle andere welke ermede rechtstreeks of onrechtstreeks in verband staan,dit alles in de meest uitgebreide betekenis dezer woorden.
  2. De vennootschap mag zowel voor eigen rekening als voor rekening van derden,zowel in België als in het buitenland,alle handelingen verrichten die rechtstreeks of onrechtstreeks met haar voorwerp verband houden of die van aard zouden zijn de verwezenlijking of de uitbreiding ervan te vergemakkelijken.
  3. De vennootschap mag door middel van inbreng,inschrijving,fusie of om het even welke andere wijze deelnemen aan alle ondernemingen,verenigingen en vennootschappen,zowel in België als in het buitenland,die een gelijkaardig doen nastreven of waarvan het voorwerp in enig verband let het hare staat.
deed of 09-01-2024 (in Dutch)

Invoicing and payment

VAT number BE 0400.299.895
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0400299895
Other Peppol ID 9925:BE0400299895
Registered 01-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of May at 18:00
deed of 09-01-2024 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
1,337 m²
Building footprint
968 m²
Building volume
7,091 m³
Tallest building: 13.9 m.
Cadastral parcel Region Area Buildings Height / floors
41014A1252/00P000 Flanders 822 m² 1 · 652 m² 11.0 m · 1
41014A1135/00C002 Flanders 515 m² 1 · 315 m² 13.8 m · 4