Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3.7 to 2.2.
Financials
Financial year 2025
GILO TUBES from Fleurus, company number BE0405625888, closed financial year 2025 with a result of € -1,241 after tax. For that financial year GILO TUBES recorded a gross margin of € 126,789 and equity of € 472,720. Compared with financial year 2024, the result moved from € 18,040 to € -1,241. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 28, 2026.
€ 472,720
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,241
▼ still € 18,040 profit in 2024
Profit after tax over the fiscal year.
€ 24,656
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 329,884.
People and assets in 2025
2.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 117,080
▼ 31% vs 2024
€ 53,200 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.
Debts at end 2025
€ 6,694
▼ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 13,763
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,103
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,521 | € 198,653 | € 211,960 | € 126,789 | ▼ 40% |
| Profit after taxes | € 5,681 | € -7,051 | € 18,040 | € -1,241 | ▼ € 19,281 |
| Equity | € 714,974 | € 455,922 | € 473,962 | € 472,720 | |
| Total debts | € 135,357 | € 365,905 | € 87,374 | € 36,760 | ▼ 58% |
| Cash | € 90,802 | € 48,980 | € 65,282 | € 24,656 | ▼ 62% |
| Retained profit | € 572,138 | € 313,086 | € 331,125 | € 329,884 | |
| Dividend | € 0 | € 252,001 | € 0 | € 0 | |
| Bank debt | € 74,077 | € 38,026 | € 22,992 | € 6,694 | ▼ 71% |
| Balance sheet total | € 850,331 | € 821,827 | € 561,335 | € 509,480 | ▼ 9% |
| Employees (FTE) | 3.7 | 3.7 | 3 | 2.2 | ▼ 0.8 |
Key figures of GILO TUBES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GILO TUBES?
What happened at GILO TUBES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BARBARA VAN MUYLDER stepped down as director. NBB
- VANVEC SRL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,241 (▼ € 19,281 vs 2024). Source: NBB ↗
- BARBARA VAN MUYLDER became a director. NBB
- VANVEC SRL became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Fleurus. KBO
In short
From € 5,681 profit in 2022 to € 1,241 loss in 2025.
Paid € 7,406 in corporate taxes since 2022.
Best year ever: 2024, with € 18,040 profit.
On average € 57,600 of value added per employee in 2025.
Management
The shares are held by GILO INVEST (100%).
Directors
According to the 2025 annual accounts
BARBARA VAN MUYLDER
Director
Also active at: ISOTHERMIC ECHAFAUDAGES, Ateliers DELMOTTE, METAL FORMING, VANVEC, GILO INVEST
since 2022 · until 2028
Director · represented by Vecchio Jérôme
Also active at: ISOTHERMIC ECHAFAUDAGES, Ateliers DELMOTTE, METAL FORMING, EURO ISOLATION ISOTHERMIC, ISOPRO, GILO INVEST, EURO ISOLATION EXPORT
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de Heppignies(H) 34
6220 Fleurus
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ISOTHERMIC ECHAFAUDAGES same network
€ 1.9 million gross margin · 2025
EURO ISOLATION ISOTHERMIC same network
€ 809,180 gross margin · 2025
ISOL.BE
GILO INVEST same network
€ 1.3 million revenue · 2025
GROUPE GILO
+1 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
- 0405.625.888
- VAT number
- BE 0405.625.888
- Registered office
- Avenue de Heppignies(H) 34, 6220 Fleurus
- Names & denominations
- GILO TUBES · B.R.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van gereedschap, muv vormkasten en gietvormen
Vervaardiging van gereedschap
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen