VAN GILS ELECTRO
VAN GILS ELECTRO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €-8k. Equity is shrinking by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €73k |
| Net result | €-8k |
| Better than sector | 22% |
| Active | 35 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.7% | 44.0% | |
| Net result | €-8k | €30k | |
| Equity | €73k | €276k | |
| Gross operating margin | €-4k | €275k | |
| Total assets | €335k | €742k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | +35.7% | -3.5% | - | +342.9% | - |
| Net profit | +36.0% | -3.4% | - | +337.4% | - |
| Cash flow | +34.7% | -4.4% | - | +351.7% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | +373.3% | - |
| Dividends | - | - | - | - | - |
| Total assets | +0.2% | -1.9% | -1.6% | -24.8% | - |
| Equity | -10.4% | -14.0% | -11.9% | +21.6% | - |
| Debt | +3.6% | +2.7% | +3.0% | -35.8% | - |
| of which ≤ 1y | -2.6% | -5.8% | -10.6% | +150.9% | - |
| of which > 1y | +5.4% | +5.6% | +8.6% | -50.8% | - |
| Working capital | +2.5% | +1.5% | +3.1% | -41.6% | - |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 5.52 | 5.30 | 4.99 | 4.46 | 15.87 |
| Quick ratio | 0.04 | 0.04 | 0.04 | 0.03 | 0.14 |
| Working capital ratio | 77.2% | 75.5% | 73.0% | 69.6% | 89.6% |
| Solvency | 21.7% | 24.2% | 27.6% | 30.9% | 19.1% |
| Debt / equity | 3.62 | 3.13 | 2.62 | 2.24 | 4.24 |
| Long-term debt ratio | 2.83 | 2.40 | 1.96 | 1.59 | 3.93 |
| Interest coverage | -48.93 | -164.96 | 348.55 | 58.34 | 25.02 |
| Gross margin | - | -14469.2% | - | - | - |
| Net margin | - | -22766.9% | - | - | - |
| ROA | -2.5% | -3.9% | -3.7% | 5.5% | 0.9% |
| ROE | -11.6% | -16.3% | -13.5% | 17.8% | 4.9% |
| EBITDA margin | - | -11229.5% | - | - | - |
| Days sales outstanding | - | 5333d | - | - | - |
| Days payable outstanding | 1119d | 729d | 820d | 103d | 119d |
| Inventory turnover | 0.02 | 0.03 | 0.02 | 0.54 | 0.19 |
| Days inventory (DSI) | 20781d | 13366d | 15278d | 675d | 1896d |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €335k | €334k | €341k | €346k | €461k |
| Fixed assets | 21/28 | €19k | €23k | €30k | €36k | €20k |
| Tangible fixed assets | 22/27 | €467 | €5k | €11k | €17k | €1k |
| Financial fixed assets | 28 | €19k | €19k | €19k | €19k | €19k |
| Current assets | 29/58 | €316k | €311k | €311k | €311k | €441k |
| Stocks & contracts in progress | 3 | €314k | €309k | €309k | €308k | €437k |
| Amounts receivable within one year | 40/41 | €721 | €845 | €805 | €1k | €3k |
| Cash & bank | 54/58 | €778 | €928 | €820 | €1k | €1k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €335k | €334k | €341k | €346k | €461k |
| Equity | 10/15 | €73k | €81k | €94k | €107k | €88k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €35k | €35k | €35k | €35k | €16k |
| Accumulated profits (losses) | 14 | €19k | €28k | €41k | €53k | €53k |
| Amounts payable | 17/49 | €262k | €253k | €247k | €239k | €373k |
| Amounts payable after one year | 17 | €205k | €195k | €184k | €170k | €345k |
| Amounts payable within one year | 42/48 | €57k | €59k | €62k | €70k | €28k |
| Trade debts payable within one year | 44 | €17k | €17k | €17k | €47k | €27k |
| Income statement | ||||||
| Turnover | 70 | - | €58 | - | - | - |
| Gross operating margin | 9900 | €-4k | €-6k | €-6k | €24k | €6k |
| Operating result | 9901 | €-8k | €-13k | €-13k | €21k | €5k |
| Financial income | 75 | €0 | €3 | - | - | - |
| Financial charges | 65 | €85 | €39 | €-18 | €414 | €218 |
| Result before taxes | 9903 | €-8k | €-13k | €-13k | €21k | €5k |
| Income taxes | 67/77 | - | - | - | €2k | €434 |
| Net result for the period | 9904 | €-8k | €-13k | €-13k | €19k | €4k |
| Result to be appropriated | 9905 | €-8k | €-13k | €-13k | €19k | €4k |
-
Van Gils JoannesDirectorState Gazette act 25034845 (12-03-2025)Current01-01-2025 → present
Former directors (1)
-
Haesen ErnaDirectorState Gazette act 25034845 (12-03-2025)Former- → 01-01-2025
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 04-04-1991 |
| Status | Active |
| Postal code | 2320 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014D0213/00C000 | Flanders | 1,143 m² | 1 · 185 m² | 8.4 m · 2 fl. |
| 13024B0143/00B002 | Flanders | 395 m² | 1 · 161 m² | 11.5 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-06-2025 Registered office moved within Hoogstraten
- Venhoef 164, 2322 Hoogstraten → Meterkenstraat 27 2320 Hoogstraten
Technical details
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{
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"seat_type": "siege_social",
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"raw": "Meterkenstraat 27 2320 Hoogstraten",
"city": "Hoogstraten",
"region": "vlaams_gewest",
"street": "Meterkenstraat",
"country": "BE",
"postcode": "2320",
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"street_number": "27",
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},
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},
"effective_date": "2025-06-02",
"evidence_quote": "",
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"nationality_change": false,
"old_address_source": "header_volledig_adres",
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"effective_date_qualifier": "immediate",
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"court_jurisdiction_changed": false,
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}
],
"notary": {
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"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-11",
"filing_date": "2025-06-02",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2025-02-28",
"unanimous": true
},
"subject_company": {
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},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad-11/06/2025-Annexes du Moniteur belge"
]
}12-03-2025 1 director appointed, 1 resigning
- Van Gils Joannes, Bestuurder
- Haesen Erna, Bestuurder
Technical details
{
"events": [
{
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"evidence_quote": "ontslaan als bestuurder mevrouw Haesen Erna",
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],
"notary": {
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"firm_name": null,
"office_city": "Antwerpen",
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},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-12",
"filing_date": "2025-03-04",
"act_kind_objet": "Onderwerp akte:"
},
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{
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}
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}| Legal nameNL | VAN GILS ELECTRO |