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Generated 25-07-2026
Active BE 0458.366.273Public limited company

Van Gils Coating

Bredabaan (Centrum) 55 ·2990 Wuustwezel, Belgium· 30 yrs active
Sector: NACE 25510 (25510)
Conclusion Checked

The computed 12-month bankruptcy probability of Van Gils Coating is 0.6% (low). The 2024 annual accounts show equity of €662k and a net result of €225k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 136 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €662k
Net result €225k
Staff (FTE) 21.4
Better than sector 32%
Snowflake analysis 5 axes · computed by Checked
Health68Profitability100Solvency38Growth78Stability100
77 / 100

Exceptional profile, strong across almost every axis.

Health 68
Profitability 100
Solvency 38
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Long track record −Higher-failure-rate sector +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1996, 30 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
68 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · verkort
€0€500k€1.00MOperating result 2020: €620k€620kNet result 2020: €591k€591kOperating result 2021: €1.10M€1.10MNet result 2021: €1.06M€1.06MOperating result 2022: €1.07M€1.07MNet result 2022: €799k€799kOperating result 2023: €798k€798kNet result 2023: €558k€558kOperating result 2024: €358k€358kNet result 2024: €225k€225k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€200k€400k€600k€800k€1.00M2025: €704k (€629k - €779k)2026: €746k (€626k - €866k)2027: €788k (€623k - €953k)2018: €364k2019: €503k2020: €494k2021: €504k2022: €504k2023: €662k2024: €662k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 25 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 23.1% 35.2%
better than 32% of 136 sector peers
Net result €225k €44k
better than 85% of 136 sector peers
Equity €662k €267k
better than 73% of 136 sector peers
Gross operating margin €2.19M €327k
better than 94% of 136 sector peers
Staff costs €1.55M €303k
higher than 92% of 99 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€576k
-42.9% +139% vs sector
Net profit
€225k
-59.6% +137% vs sector
Cash flow
€444k
-42.2% +131% vs sector
Total assets
€2.87M
-4.6% +152% vs sector
Equity
€662k
0.0% +6% vs sector
Working capital
€374k
-46.2% +13% vs sector
Employees (FTE)
21
-4.9% +169% vs sector
Staff costs
€1.55M
+3.0% +263% vs sector
Income taxes
€80k
-58.5% +195% vs sector
Dividends
€225k
-43.8% far above sector median
Debt
€2.21M
-5.9% +237% vs sector
Debt ≤ 1y
€1.52M
-1.0% +291% vs sector
Debt > 1y
€693k
-14.9% +35% vs sector
Current ratio
1.25
-14.2% -28% vs sector
Quick ratio
1.02
-17.3% -38% vs sector
Solvency
23.1%
+4.9% -46% vs sector
Debt / equity
3.34
-6.0% +147% vs sector
ROE
34.0%
-59.6% +115% vs sector
ROA
7.8%
-57.7% +30% vs sector
Interest coverage
7.80
-44.6% -94% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€576k
Net profit€225k
Cash flow€444k
Staff costs€1.55M
Income taxes€80k
Dividends€225k
Total assets€2.87M
Equity€662k
Debt€2.21M
of which ≤ 1y€1.52M
of which > 1y€693k
Working capital€374k
Employees (FTE)21.4
Ratios (computed)
2024
Current ratio1.25
Quick ratio1.02
Working capital ratio13.0%
Solvency23.1%
Debt / equity3.34
Long-term debt ratio1.05
Interest coverage7.80
Gross margin-
Net margin-
ROA7.8%
ROE34.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€2.87M
Fixed assets 21/28€981k
Intangible fixed assets 21€2k
Tangible fixed assets 22/27€970k
Financial fixed assets 28€9k
Current assets 29/58€1.89M
Stocks & contracts in progress 3€350k
Amounts receivable within one year 40/41€1.12M
Cash & bank 54/58€148k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.87M
Equity 10/15€662k
Contributions / capital 10/11€357k
Reserves 13€305k
Accumulated profits (losses) 14€0
Amounts payable 17/49€2.21M
Amounts payable after one year 17€693k
Amounts payable within one year 42/48€1.52M
Trade debts payable within one year 44€334k
Income statement
Gross operating margin 9900€2.19M
Operating result 9901€358k
Financial income 75€22k
Financial charges 65€74k
Result before taxes 9903€306k
Income taxes 67/77€80k
Net result for the period 9904€225k
Result to be appropriated 9905€225k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 25510
Legal form Public limited company(014)
Incorporation19-07-1996
StatusActive
Postal code2990
Establishment units 2 locations
Van Gils Coating Turnhout
Industriedijk 7, 2300 TurnhoutVervaardiging van turbines en onderdelen daarvan : stoomturbines en andere damp - ; gas - ; waterturbines, waterraderen en regulators daarvoor
since 19962.077.465.628
Van Gils Coating Wuustwezel
Bredabaan (Centrum) 55, 2990 WuustwezelVervaardiging van metalen constructiewerken voor industriële uitrusting (bv voor hoogovens, hijs- en hefwerktuigen, enz)
since 20162.250.296.367
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13452M0792/00B000 Flanders 8,050 m² 1 · 3,760 m² 0.0 m
11053C0280/00D002 Flanders 866 m² 1 · 486 m² 7.7 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
01-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
26-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
27-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
27-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
11-04-2022
State Gazette act Director changes
2021
22-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
05-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
25-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
25-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
17-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
30-09-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 4 years ago
2022
11-04-2022 1 director appointed, 3 reappointed Director changes
  • Van Gils Holding BV, Gedelegeerd bestuurder
  • Van Gils Hoiding, Bestuurder
  • Van Gils Jozef, Bestuurder
  • Vissers Lydia, Bestuurder
Technical details 
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      "kind": "director_renew",
      "role": "bestuurder",
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      "reason": null,
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        "address": "Bredabaan 55a, 2990 Wuustwezel",
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      },
      "statutory": "statutair",
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      "decharge_status": null,
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    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
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        "name": "Vissers Lydia",
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      "reason": null,
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      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "gedelegeerd_bestuurder",
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "Van Gils Holding BV",
        "address": "Bredabaan 55a, 2990 Wuustwezel",
        "country": "BE",
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      },
      "statutory": null,
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      "evidence_quote": "",
      "decharge_status": null,
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      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
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    "firm_name": null,
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  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-04-11",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2021-06-04",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0458.366.273",
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  "publication_proxy": {
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    "org_rep_person_name": "Van Gils Joep",
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Bijlagen.bij het Belgisch Staatsblad.- 11/04/2022- Annexes du Moniteur belge"
  ],
  "corrected_publication_numac": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Coating van metalen25510Oppervlaktebehandeling van metalen25610Oppervlaktebehandeling en bekleding van metaal28510
Primary activity highlighted.
Names & trade names
Legal nameNL Van Gils Coating
Registered office
Bredabaan (Centrum) 55
2990 Wuustwezel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative