Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
GILLION CONSTRUCT from Vorst, company number BE0400481821, closed financial year 2024 with a result of € -6.3 million after tax. For that financial year GILLION CONSTRUCT recorded revenue of € 79.7 million and equity of € -914,591. Compared with financial year 2023, the result moved from € -6.3 million to € -6.3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 23, 2025.
€ -914,591
▼ € 7.5 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.3 million
Profit after tax over the fiscal year.
€ 527,513
▼ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17.4 million.
People and assets in 2024
148.5
▲ 2.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 8.6 million
▼ 13% vs 2023
€ 57,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 159,845
▼ 43% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4.2 million
▲ 39% vs 2023
Loans from banks and other lenders, long and short.
€ 12.6 million
▼ 44% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 500,581
▼ 47% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 40,634,615 | € 38,794,787 | € 39,122,151 | € 79,741,814 | ▲ 104% |
| Profit after taxes | € -1,938,891 | € -495,348 | € -6,288,118 | € -6,256,913 | |
| Equity | € 6,319,527 | € 5,824,179 | € 6,536,061 | € -914,591 | ▼ € 7.5 million |
| Total debts | € 18,666,899 | € 19,314,840 | € 27,374,953 | € 18,079,654 | ▼ 34% |
| Cash | € 2,824,920 | € 74,795 | € 747,586 | € 527,513 | ▼ 29% |
| Retained profit | € -14,060,473 | € -14,555,821 | € -20,843,939 | € -17,359,876 | ▲ € 3.5 million |
| Bank debt | € 4,000,000 | € 4,065,000 | € 3,013,028 | € 4,190,540 | ▲ 39% |
| Balance sheet total | € 27,013,490 | € 26,794,376 | € 36,093,817 | € 18,325,436 | ▼ 49% |
| Employees (FTE) | 93.4 | 98.5 | 145.8 | 148.5 | ▲ 2.7 |
Key figures of GILLION CONSTRUCT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GILLION CONSTRUCT?
What happened at GILLION CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alessandra Martins Soares stepped down as director. NBB
- Next Generation Development SA stepped down as director. NBB
- Rodrigue Gillion stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 6.3 million. filed late Source: NBB ↗
- Alessandra Martins Soares became a director. NBB
- Next Generation Development SA became a director. NBB
- Rodrigue Gillion became a director. NBB
- Rodrigue Gillion SRL stepped down as director. NBB
In short
From € 1.9 million loss in 2021 to € 6.3 million loss in 2024.
Paid € 0 in corporate taxes since 2021.
Pays suppliers within 85 days on average.
Management
It owns 100% of GILLION DEVELOPMENT and 50% of ODRIMO itself.
Directors
According to the 2024 annual accounts
since 2025 · until 2031
since 2022 · until 2024
Next Generation Development SA
Director · represented by Gaëtan Piret
Also active at: REBETON, TOSCA CAPITAL, GILLION PARTNERS, GILLION DEVELOPMENT
since 2025 · until 2031
Rodrigue Gillion
Director
Also active at: La Technique rationnelle moderne, RESIDENCE CHAMBORD, LAURAL, GILLION ASSET MANAGEMENT, GILLION PARTNERS, LeoMole III, rodrigue gillion, CHATEAU ET VILLAS +2 more
since 2025 · until 2031
Director · represented by Rodrigue Gillion
Also active at: La Technique rationnelle moderne, Résidence Chambord, LAURAL, GILLION ASSET MANAGEMENT, LeoMole III, CHATEAU ET VILLAS, arts et chatelain, GILLION DEVELOPMENT
since 2017 · until 2025
Director · represented by Amaury de Merode
Also active at: La Technique rationnelle moderne, LAURAL, GILLION ASSET MANAGEMENT, GILLION DEVELOPMENT, GILLION CROWET ESTATE ALLIANCE, GILLION CROWET ESTATE ALLIANCE CONSTRUCT
since 2022 · until 2024
Establishments
Establishment units
Physical locations of this company
Sint-Denijsstraat 132
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →RESIDENCE CHAMBORD same network
€ 1.1 million gross margin · 2024
Odrimo same network
LAURAL same network
€ -16,333 gross margin · 2024
SM FRANKI-GILLION
A. Martins same network
€ 63,672 revenue · 2024
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.481.821
- VAT number
- BE 0400.481.821
- Registered office
- Sint-Denijsstraat 132, 1190 Vorst
- Names & denominations
- GILLION CONSTRUCT · Les Entreprises Générales Fernand Gillion et fils
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 July 1951
- Peppol
- Active · Active since 31 Jul 2025
- Activities · NACE
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