What does GILLESSEN FRERES do?

GILLESSEN FRERES is a construction company in Burg-Reuland. Private Limited, started on 11 April 1986, 1 establishment.

What is the address of GILLESSEN FRERES?

The registered office of GILLESSEN FRERES is located at Im Winkel, Grüfflingen 35, 4790 Burg-Reuland.

Is GILLESSEN FRERES still active?

Yes. According to the CBE (30 October 2026) GILLESSEN FRERES is active, legal situation “Normale toestand”, started on 11 April 1986.

Is GILLESSEN FRERES registered on Peppol?

Yes, GILLESSEN FRERES is registered on the Peppol network with ID 0208:0428843235.

What is the enterprise number of GILLESSEN FRERES?

The enterprise number of GILLESSEN FRERES is BE0428843235.

When was GILLESSEN FRERES founded?

GILLESSEN FRERES was founded on 11 April 1986.

Who are the directors of GILLESSEN FRERES?

According to the 2025 annual accounts, the directors of GILLESSEN FRERES are: Nicolas Gillessen, Heinz Gillessen, Daniel Giebels.

Is GILLESSEN FRERES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 April 1986; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GILLESSEN FRERES make in 2025?

GILLESSEN FRERES posted a profit after taxes of € 218,197 in financial year 2025.

What is the revenue of GILLESSEN FRERES?

As a small company, GILLESSEN FRERES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,952,781.

How much does an employee at GILLESSEN FRERES earn?

The average wage cost per full-time employee at GILLESSEN FRERES was € 147,400 in 2025: staff costs of € 2.1 million for 14.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GILLESSEN FRERES have?

According to the 2025 annual accounts, GILLESSEN FRERES has 14.4 full-time equivalents (FTE).

GILLESSEN FRERES (Private Limited) - Burg-Reuland

Dossier GILLESSEN FRERES, printed on 30 October 2026 from databakkes.be/en/0428843235/gillessen-freres. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GILLESSEN FRERES from Burg-Reuland, company number BE0428843235, closed financial year 2025 with a result of € 218,197 after tax. For that financial year GILLESSEN FRERES recorded a gross margin of € 3 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 140,156 to € 218,197. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.

What it is worth Growing

€ 3.9 million

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 218,197

▲ 56% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 586,678

▲ 68% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.5 million.

People and assets in 2025

Full-time equivalents

14.4

▼ 31.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.1 million

€ 147,400 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.

Vehicles and equipment

€ 165,184

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.3 million

▼ 6% vs 2024

€ 347,561 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 804,058

▲ 28% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 333,679

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 10,781,072 Revenue 2022: € 10,781,072 First fiscal year in the series	€ 10,284,015 Revenue 2023: € 10,284,015 ▼ 5% vs 2022 (€ 10,781,072) Unfavourable step	€ 9,953,993 Revenue 2024: € 9,953,993 ▼ 3% vs 2023 (€ 10,284,015) Unfavourable step	-
Gross margin	-	-	-	€ 2,952,781 Gross margin 2025: € 2,952,781 First fiscal year in the series
Profit after taxes	€ 584,560 Profit after taxes 2022: € 584,560 First fiscal year in the series	€ 319,820 Profit after taxes 2023: € 319,820 ▼ 45% vs 2022 (€ 584,560) Unfavourable step	€ 140,156 Profit after taxes 2024: € 140,156 ▼ 56% vs 2023 (€ 319,820) Unfavourable step	€ 218,197 Profit after taxes 2025: € 218,197 ▲ 56% vs 2024 (€ 140,156) Favourable step	▲ 56%
Equity	€ 3,579,315 Equity 2022: € 3,579,315 First fiscal year in the series	€ 4,095,072 Equity 2023: € 4,095,072 ▲ 14% vs 2022 (€ 3,579,315) Favourable step	€ 3,706,843 Equity 2024: € 3,706,843 ▼ 9% vs 2023 (€ 4,095,072) Unfavourable step	€ 3,922,670 Equity 2025: € 3,922,670 ▲ 6% vs 2024 (€ 3,706,843) Favourable step	▲ 6%
Total debts	€ 4,451,816 Total debts 2022: € 4,451,816 First fiscal year in the series	€ 4,785,914 Total debts 2023: € 4,785,914 ▲ 8% vs 2022 (€ 4,451,816) Unfavourable step	€ 4,497,755 Total debts 2024: € 4,497,755 ▼ 6% vs 2023 (€ 4,785,914) Favourable step	€ 4,536,359 Total debts 2025: € 4,536,359 ▲ 1% vs 2024 (€ 4,497,755) Unfavourable step	▲ 1%
Cash	€ 1,778,430 Cash 2022: € 1,778,430 First fiscal year in the series	€ 531,759 Cash 2023: € 531,759 ▼ 70% vs 2022 (€ 1,778,430) Unfavourable step	€ 348,230 Cash 2024: € 348,230 ▼ 35% vs 2023 (€ 531,759) Unfavourable step	€ 586,678 Cash 2025: € 586,678 ▲ 68% vs 2024 (€ 348,230) Favourable step	▲ 68%
Land & buildings	€ 556,297 Land & buildings 2022: € 556,297 First fiscal year in the series	€ 4,634,084 Land & buildings 2023: € 4,634,084 ▲ € 4.1 million vs 2022 (€ 556,297) Unchanged	€ 4,415,317 Land & buildings 2024: € 4,415,317 ▼ 5% vs 2023 (€ 4,634,084) Unchanged	€ 4,275,289 Land & buildings 2025: € 4,275,289 ▼ 3% vs 2024 (€ 4,415,317) Unchanged	▼ 3%
Retained profit	€ 3,321,437 Retained profit 2022: € 3,321,437 First fiscal year in the series	€ 3,641,257 Retained profit 2023: € 3,641,257 ▲ 10% vs 2022 (€ 3,321,437) Favourable step	€ 3,278,875 Retained profit 2024: € 3,278,875 ▼ 10% vs 2023 (€ 3,641,257) Unfavourable step	€ 3,497,073 Retained profit 2025: € 3,497,073 ▲ 7% vs 2024 (€ 3,278,875) Favourable step	▲ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 500,000 Dividend 2024: € 500,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 500,000) Unchanged	▼ 100%
Bank debt	€ 3,118,879 Bank debt 2022: € 3,118,879 First fiscal year in the series	€ 3,913,151 Bank debt 2023: € 3,913,151 ▲ 25% vs 2022 (€ 3,118,879) Unfavourable step	€ 3,512,499 Bank debt 2024: € 3,512,499 ▼ 10% vs 2023 (€ 3,913,151) Favourable step	€ 3,287,539 Bank debt 2025: € 3,287,539 ▼ 6% vs 2024 (€ 3,512,499) Favourable step	▼ 6%
Balance sheet total	€ 8,294,335 Balance sheet total 2022: € 8,294,335 First fiscal year in the series	€ 9,153,309 Balance sheet total 2023: € 9,153,309 ▲ 10% vs 2022 (€ 8,294,335) Unchanged	€ 8,476,562 Balance sheet total 2024: € 8,476,562 ▼ 7% vs 2023 (€ 9,153,309) Unchanged	€ 8,740,572 Balance sheet total 2025: € 8,740,572 ▲ 3% vs 2024 (€ 8,476,562) Unchanged	▲ 3%
Employees (FTE)	45.3 Employees (FTE) 2022: 45.3 First fiscal year in the series	44.8 Employees (FTE) 2023: 44.8 ▼ 0.5 vs 2022 (45.3) Unchanged	45.8 Employees (FTE) 2024: 45.8 ▲ 1 vs 2023 (44.8) Unchanged	14.4 Employees (FTE) 2025: 14.4 ▼ 31.4 vs 2024 (45.8) Unchanged	▼ 31.4

Key figures of GILLESSEN FRERES, 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 GILLESSEN FRERES?

What happened at GILLESSEN FRERES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 21, 2026 New annual accounts for financial year 2025: profit of € 218,197 (▲ 56% vs 2024). filed late Source: NBB ↗
2026 Nicolas Gillessen became a director. NBB
2026 Daniel Giebels stepped down as director. NBB
2024 Daniel Giebels became a director. NBB
May 29, 1986 New establishment in Burg-Reuland. KBO
1986 Heinz Gillessen became a director. NBB
Apr 11, 1986 Start of the company according to the CBE. KBO

In short

From € 584,560 profit in 2022 to € 218,197 profit in 2025.

Paid € 162,808 in corporate taxes since 2022.

Best year ever: 2022, with € 584,560 profit.

On average € 205,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

HEGIMA 0%

The stake of HEGIMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GILLESSEN FRERES

Behind GILLESSEN FRERES are Nicolas Gillessen and Heinz Gillessen. The shares are held by HEGIMA (0%).

Directors

According to the 2025 annual accounts

Nicolas Gillessen

Director

Also active at: HEGIMA, SOCIETE IMMOBILIERE DU DEPOT GILLESSEN

since 2026

Heinz Gillessen

Director

Also active at: HEGIMA, SOCIETE IMMOBILIERE DU DEPOT GILLESSEN

since 1986

Daniel Giebels

Director

Also active at: LLG Eventus, SOCIETE IMMOBILIERE DU DEPOT GILLESSEN

since 2024 · until 2026

Shareholders

HEGIMA

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Im Winkel, Grüfflingen 35

4790 Burg-Reuland

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

SOCIETE IMMOBILIERE DU DEPOT GILLESSEN same network

€ 13,637 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0428.843.235

VAT number

BE 0428.843.235

Registered office

Im Winkel, Grüfflingen 35, 4790 Burg-Reuland

Names & denominations

GILLESSEN FRERES

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 April 1986

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

Bouw van autowegen en andere wegen

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Ontwikkeling van residentiële bouwprojecten

Ontwikkeling van niet-residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗

GILLESSEN FRERES

Financials

What happened to GILLESSEN FRERES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions