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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GILLIS REAL ESTATE from Ninove, company number BE0435296804, closed financial year 2025 with a result of € 81,515 after tax. For that financial year GILLIS REAL ESTATE recorded a gross margin of € 215,821 and equity of € 923,440. Compared with financial year 2024, the result moved from € 69,608 to € 81,515. 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 April 8, 2026.
€ 923,440
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,515
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 64,915
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 551,600.
People and assets in 2025
€ 57,982
▲ € 56,117 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 394,566
▼ 21% vs 2024
€ 101,915 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 712
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,855
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 368,377 | € 273,278 | € 240,298 | € 215,821 | ▼ 10% |
| Profit after taxes | € 200,321 | € 84,411 | € 69,608 | € 81,515 | ▲ 17% |
| Equity | € 687,461 | € 771,872 | € 841,925 | € 923,440 | ▲ 10% |
| Total debts | € 1,021,919 | € 727,882 | € 1,234,695 | € 1,104,561 | ▼ 11% |
| Cash | € 469,506 | € 230,971 | € 107,235 | € 64,915 | ▼ 39% |
| Land & buildings | € 956,656 | € 890,819 | € 824,983 | € 759,146 | ▼ 8% |
| Retained profit | € 315,621 | € 400,032 | € 470,085 | € 551,600 | ▲ 17% |
| Bank debt | € 121,505 | € 86,680 | € 501,682 | € 394,566 | ▼ 21% |
| Balance sheet total | € 1,709,380 | € 1,499,755 | € 2,076,620 | € 2,028,001 | ▼ 2% |
Key figures of GILLIS REAL ESTATE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GILLIS REAL ESTATE?
What happened at GILLIS REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,515 (▲ 17% vs 2024). Source: NBB ↗
- Nathan GILLIS became a director. NBB
- Stien Gillis became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 200,321 profit in 2022 to € 81,515 profit in 2025.
Paid € 132,990 in corporate taxes since 2022.
Best year ever: 2022, with € 200,321 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GILLIS REAL ESTATE are Nathan GILLIS and Stien Gillis. It owns 42.7% of Verzekeringskantoor Gillis NV itself.
Directors
According to the 2025 annual accounts
Nathan GILLIS
Director
since 2023
Stien Gillis
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Aalstersesteenweg 195
9400 Ninove
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.296.804
- VAT number
- BE 0435.296.804
- Registered office
- Aalstersesteenweg 195, 9400 Ninove
- Names & denominations
- GILLIS REAL ESTATE · GILLIS R.E.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 1988
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen