Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GILBEKO from Brugge, company number BE0453564674, closed financial year 2025 with a result of € -39,270 after tax. For that financial year GILBEKO recorded a gross margin of € -11,199 and equity of € 133,771. Compared with financial year 2024, the result moved from € 152,654 to € -39,270. The company made a loss. The buffer shrank hard: equity is 81 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 133,771
▼ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,270
▼ still € 152,654 profit in 2024
Profit after tax over the fiscal year.
€ 509
▼ € 199,953 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 71,847.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,554
▲ € 4,432 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,717 | € -1,105 | € 175,297 | € -11,199 | ▼ € 186,496 |
| Profit after taxes | € -44,524 | € 7,803 | € 152,654 | € -39,270 | ▼ € 191,924 |
| Equity | € 651,999 | € 659,802 | € 712,456 | € 133,771 | ▼ 81% |
| Total debts | € 92,117 | € 81,621 | € 697 | € 17,433 | ▲ € 16,736 |
| Cash | € 27,910 | € 19,131 | € 200,461 | € 509 | ▼ € 199,953 |
| Land & buildings | € 379,487 | € 371,244 | € 149,741 | € 149,741 | |
| Retained profit | € 140,027 | € 147,831 | € 200,485 | € 71,847 | ▼ 64% |
| Dividend | € 0 | € 0 | € 100,000 | € 89,368 | ▼ 11% |
| Bank debt | € 90,594 | € 79,452 | € 0 | € 0 | |
| Balance sheet total | € 756,237 | € 752,907 | € 713,153 | € 151,205 | ▼ 79% |
Key figures of GILBEKO, 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 GILBEKO?
What happened at GILBEKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,270 (▼ € 191,924 vs 2024). Source: NBB ↗
- Invedel NV became a director. NBB
- RRED BV became a director. NBB
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,524 loss in 2022 to € 39,270 loss in 2025.
Paid € 49,600 in corporate taxes since 2022.
Best year ever: 2024, with € 152,654 profit.
Paid out € 189,368 in dividends to the owners in total.
Management
The stake of Novus comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GILBEKOBehind GILBEKO are Invedel NV and RRED BV. The shares are held by Novus (100%).
Directors
According to the 2025 annual accounts
Director · represented by Descheemaecker Lore
Also active at: SCHOORHEYDE, GARAGE DE SMET IVAN, Novus, BARON RUZETTE BRUGGE, Novus Construct
since 2025
Director · represented by Gurickx Michael
Also active at: SCHOORHEYDE, GARAGE DE SMET IVAN, Novus, BARON RUZETTE BRUGGE, Novus Construct
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Scheepsdalelaan 60
8000 Brugge
Biezenstraat(B) 25
9290 Berlare
Active since 15 November 1994
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 →Invedel same network
€ 495,456 gross margin · 2025
Novus same network
€ 10.2 million revenue · 2025
RURSUS REAL ESTATE DEVELOPMENT same network
€ 4,315 gross margin · 2026
Novus Holding
€ 143,400 revenue · 2025
Novus Construct same network
€ 293,208 gross margin · 2025
+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
- 0453.564.674
- VAT number
- BE 0453.564.674
- Registered office
- Scheepsdalelaan 60, 8000 Brugge
- Names & denominations
- GILBEKO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 1994
- Peppol
- Active · Active since 2 Mar 2026
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden