Financials
- Fiscal year
- 2024
- Total assets
- €546,864
- Profit
- €28,439
- Solvency
- 21.4%
Total assets▲ 71.1%
Net result
20182024
S. GILLON
ActiveSummary
The computed 12-month bankruptcy probability of S. GILLON is 2.2% (moderate). The 2024 annual accounts show equity of €117,269 and a net result of €28,439. Equity is growing by ~31% per year across the filed fiscal years. Its solvency ranks better than 23% of 36365 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120NACE 45112
1 site
Size
€546,864total assets 2024
- Staff
- 1.3 FTE
- Equity
- €117,269
- Profit
- €28,439
Turnover not published (abridged schema)
Structure
- Parent
- TERRAFORTE · 100%
Accounts 63 d overdue0 of 3 deeds read
Why 53- 1 financial year not filed after the legal deadline; latest accounts 158 days late; 2 of the last 3 late- Figures for FY 2024 (filed 05-01-2026)+ Founded in 2000+ Size: total assets €546,864Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 42% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
46-4
equity 21.4% of total assets
Liquidity
25+12
short-term debt 57.8% · cash 3.9%
Profitability
75-14
return on assets 5.2%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 1.7%
09-2025: 2.0%▲ +17.6% vs 08-2025
10-2025: 2.5%▲ +28.9% vs 09-2025
11-2025: 2.7%▲ +7.9% vs 10-2025
12-2025: 3.4%▲ +23.7% vs 11-2025
01-2026: 6.4%▲ +90.7% vs 12-2025highest value
02-2026: 1.1%▼ -82.9% vs 01-2026lowest value
03-2026: 1.1%▲ +3.0% vs 02-2026
04-2026: 1.1%▲ +0.4% vs 03-2026
05-2026: 1.2%▲ +5.6% vs 04-2026
06-2026: 1.2%▼ -3.3% vs 05-2026
07-2026: 1.2%▼ -0.3% vs 06-2026
08-2026: 1.6%▲ +41.6% vs 07-2026
09-2026: 1.9%▲ +14.5% vs 08-2026
10-2026: 2.2%▲ +14.8% vs 09-2026
- 1 financial year not filed after the legal deadline; latest accounts 158 days late; 2 of the last 3 late raises the probability
- Figures for FY 2024 (filed 05-01-2026) raises the probability
- Founded in 2000 lowers the probability for this profile
- Size: total assets €546,864 lowers the probability for this profile
Credit up to €6,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 1.16 in 2023; short-term debt: 57.8% and cash: 3.9% of total assets), and 78.6% 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 43, micro). Better than this share of them on solvency 23%, liquidity 14%, profitability 50%, growth against the median 82%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 36365 sector peers (2024).
NBB · sector comparisonPosition among 36365 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-01-2026, 158 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
158 d late
2023
149 d late
2022
29 d late
2021
29 d late
2020
31 d late
2019
118 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 86 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet €28,439 ▼44.6%
- Equity above €100,000Eq €117,269 ▲47.3%
Key points
By topic
Board & ownership
- Parent
- TERRAFORTE · 100%
Timeline
- Events
- 13
- Since
- 2016
- 05-01-2026Annual accounts filed
- 31-12-2024Weakest financial year
- 31-12-2024Equity above €100,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 10-01-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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