Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PHOTO - GILMAN from Herve, company number BE0453217553, closed financial year 2025 with a result of € -38,445 after tax. For that financial year PHOTO - GILMAN recorded a gross margin of € 31,593 and equity of € 31,374. Compared with financial year 2024, the result moved from € -35,887 to € -38,445. The company made a loss. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 31,374
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,445
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 16,291
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,626.
People and assets in 2025
€ 35,300
▼ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,480
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 105,295
▲ 59% vs 2024
€ 19,156 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 13,559
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,305
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 358,308 | € 409,937 | - | - | |
| Gross margin | € 64,496 | € 98,550 | € 50,192 | € 31,593 | ▼ 37% |
| Profit after taxes | € 2,260 | € 13,236 | € -35,887 | € -38,445 | ▼ € 2,558 |
| Equity | € 92,470 | € 105,706 | € 69,819 | € 31,374 | ▼ 55% |
| Total debts | € 126,729 | € 144,175 | € 124,015 | € 154,942 | ▲ 25% |
| Cash | € 17,141 | € 13,369 | € 13,475 | € 16,291 | ▲ 21% |
| Retained profit | € 30,470 | € 43,706 | € 7,819 | € -30,626 | ▼ € 38,445 |
| Bank debt | € 85,965 | € 85,513 | € 66,102 | € 105,295 | ▲ 59% |
| Balance sheet total | € 219,199 | € 249,881 | € 193,835 | € 186,316 | ▼ 4% |
Key figures of PHOTO - GILMAN, 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 PHOTO - GILMAN?
What happened at PHOTO - GILMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David BOTTELBERGS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 38,445. Source: NBB ↗
- David BOTTELBERGS became a director. NBB
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,260 profit in 2022 to € 38,445 loss in 2025.
Paid € 890 in corporate taxes since 2022.
Best year ever: 2023, with € 13,236 profit.
A new publication or filing at PHOTO - GILMAN? We notify you, reason included.
Follow PHOTO - GILMANDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Directors
According to the 2025 annual accounts
David BOTTELBERGS
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 6
4650 Herve
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0453.217.553
- VAT number
- BE 0453.217.553
- Registered office
- Avenue Reine Astrid 6, 4650 Herve
- Names & denominations
- PHOTO - GILMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1994
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- photogilman.be
- Activities · NACE
Detailhandel in fotografische en optische artikelen en in precisieinstrumenten, muv corrigerende brillen, lenzen en zonnebrillen
Detailhandel in corrigerende brillen, lenzen en zonnebrillen
Gespecialiseerde detailhandel in optische en fotografische artikelen, foto- en filmapparatuur, optische en precisie-instrumenten
Activiteiten van fotografen, met uitzondering van persfotografen
Fotostudio's en overige fotografische activiteiten