STIJN GILGEMYN
ActiveSTIJN GILGEMYN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €5k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-8
Solvency50▼-18
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.49 in 2024; short-term debt: 74.8% and cash: 5.6% of total assets), and 74.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.2%
Return on assets
0.4%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
49 d early
2023
28 d late
2022
28 d late
2021
3 d early
2020
11 d early
2019
88 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€320k▲ 1.6%
2024 · €316k
2018: €145k
2019: €163k
2020: €174k
2021: €218k
2022: €237k
2023: €269k
2024: €316k
2018 → 2025
Total assets
€1.27M▲ 72.2%
2024 · €739k
2018: €532k
2019: €517k
2020: €561k
2021: €636k
2022: €660k
2023: €673k
2024: €739k
2018 → 2025
Net result
€5k▼ 89.5%
2024 · €47k
2018: €5k
2019: €18k
2020: €11k
2021: €44k
2022: €20k
2023: €31k
2024: €47k
2018 → 2025
Working capital
€-827k▼ 286%
2024 · €-214k
2018: €5k
2019: €4k
2020: €-221k
2021: €-312k
2022: €-363k
2023: €-281k
2024: €-214k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€218k-€237k▲ 9.0%€269k▲ 13.3%€316k▲ 17.4%€320k▲ 1.6%
Operating result€41k-€17k▼ 57.7%€30k▲ 77.6%€47k▲ 54.7%€869▼ 98.2%
Net result€44k-€20k▼ 55.3%€31k▲ 61.4%€47k▲ 48.7%€5k▼ 89.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 98% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€1.15M▲ 117%
Current assets
€125k▼ 40.3%
Equity and liabilities €1.27M
Equity
€320k▲ 1.6%
Debt
€952k▲ 125%
The debt ratio rises from 57.3% to 74.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€90k▼
2024 · €112k
Cash flow
€94k▼
2024 · €111k
Solvency
25.2%▼
2024 · 42.7%
Current ratio
0.13▼
2024 · 0.49
Quick ratio
0.13▼
2024 · 0.49
Debt / equity
2.97▲
2024 · 1.34
ROE
1.5%▼
2024 · 14.8%
ROA
0.4%▼
2024 · 6.3%
Interest coverage
290.47▼
2024 · 805.91
Debt
€952k▲
2024 · €424k
Debt ≤ 1 year
€952k▲
2024 · €423k
Income taxes
€490▼
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€739k€1.27M▲
Fixed assets21/28€530k€1.15M▲
Tangible fixed assets22/27€302k€916k▲
Land and buildings22€29k€633k▲
Plant, machinery and equipment23€175k€185k▲
Furniture and vehicles24€98k€98k=
Financial fixed assets28€228k€232k▲
Current assets29/58€209k€125k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€55k€48k▼
Trade receivables40€32k€21k▼
Other amounts receivable41€22k€27k▲
Cash at bank and in hand54/58€153k€72k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€739k€1.27M▲
Equity10/15€316k€320k▲
Contributions10/11€190k€190k=
Reserves13€126k€130k▲
Distributable reserves133€126k€130k▲
Amounts payable17/49€424k€952k▲
Amounts payable within one year42/48€423k€952k▲
Trade debts44€21k€9k▼
Suppliers440/4€21k€9k▼
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Other amounts payable47/48€394k€938k▲
Accrued charges and deferred income492/3€46€82▲
Income statement
Code20242025
Non-recurring operating income76A€3k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€89k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€115k€95k▼
Operating profit (loss)9901€47k€869▼
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€139€311▲
Recurring financial charges65€139€311▲
Profit (loss) for the period before taxes9903€52k€5k▼
Income taxes67/77€5k€490▼
Profit (loss) for the period9904€47k€5k▼
Profit (loss) for the period to be appropriated9905€47k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€5k▼
Transfer to equity691/2€47k€5k▼
To other reserves6921€47k€5k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €5k ▼89.5%
Net result drops to €5k, the lowest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €47k ▲48.7%
Operating result €47k, net result €47k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €218k ▲25.1%
4 profitable years in a row build equity to €218k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Equity above €150kEq €163k ▲12.4%
2 profitable years in a row build equity to €163k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Harelbeke · 1 establishment unit since 2000
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.
Oudenaardsestraat 308530 HarelbekeGround area
6,602 m²
Building footprint
312 m²
Volume, LiDAR
1,452 m³
Parcel 34322C0052/00G000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Oudenaardsestraat 30, 8530 Harelbeke
since 20002.097.152.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322C0052/00G000 | Flanders | 6,602 m² | 1 · 312 m² | 9.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,180 EUR awarded · 3,180 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 180 EUR | 180 EUR |
| 2022 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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PPMS
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 37,743 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2000
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
43120Site preparation
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.