What does GILMASO do?

GILMASO is a machinery manufacturer in Genk. Public Limited, started on 3 October 1995, 2 establishments.

What is the address of GILMASO?

The registered office of GILMASO is located at Woudstraat 3A, 3600 Genk.

Is GILMASO still active?

Yes. According to the CBE (30 October 2026) GILMASO is active, legal situation “Normale toestand”, started on 3 October 1995.

Is GILMASO registered on Peppol?

Yes, GILMASO is registered on the Peppol network with ID 0208:0456217130.

What is the enterprise number of GILMASO?

The enterprise number of GILMASO is BE0456217130.

When was GILMASO founded?

GILMASO was founded on 3 October 1995.

Who are the directors of GILMASO?

According to the 2025 annual accounts, the directors of GILMASO are: Martin's Company BV, Asotep NV.

Is GILMASO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 October 1995; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did GILMASO make in 2025?

GILMASO recorded a loss after taxes of € 45,788 in financial year 2025.

What is the revenue of GILMASO?

As a small company, GILMASO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,666,400.

How much does an employee at GILMASO earn?

The average wage cost per full-time employee at GILMASO was € 75,100 in 2025: staff costs of € 1.7 million for 22.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GILMASO have?

According to the 2025 annual accounts, GILMASO has 22.6 full-time equivalents (FTE).

GILMASO (Public Limited) - Genk - BE0456217130

Dossier GILMASO, printed on 30 October 2026 from databakkes.be/en/0456217130/gilmaso. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GILMASO from Genk, company number BE0456217130, closed financial year 2025 with a result of € -45,788 after tax. For that financial year GILMASO recorded a gross margin of € 1.7 million and equity of € 181,727. Compared with financial year 2024, the result moved from € 149,265 to € -45,788. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Healthy

€ 181,727

▼ 20% vs 2024

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

Loss Caution

€ -45,788

▼ still € 149,265 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 385,555

▲ € 329,304 vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 106,727.

People and assets in 2025

Full-time equivalents

22.6

▲ 2.3 vs 2024

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

Wage cost

€ 1.7 million

▲ 14% vs 2024

€ 75,100 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

€ 2,695

▼ 45% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 360,159

▼ 44% vs 2024

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

Taxes and wages

€ 245,149

▼ 5% 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
Gross margin	€ 1,583,971 Gross margin 2022: € 1,583,971 First fiscal year in the series	€ 730,241 Gross margin 2023: € 730,241 ▼ 54% vs 2022 (€ 1,583,971) Unfavourable step	€ 1,679,243 Gross margin 2024: € 1,679,243 ▲ 130% vs 2023 (€ 730,241) Favourable step	€ 1,666,400 Gross margin 2025: € 1,666,400 ▼ 1% vs 2024 (€ 1,679,243) Unfavourable step	▼ 1%
Profit after taxes	€ 68,795 Profit after taxes 2022: € 68,795 First fiscal year in the series	€ -821,636 Profit after taxes 2023: € -821,636 ▼ € 890,431 vs 2022 (€ 68,795) Unfavourable step	€ 149,265 Profit after taxes 2024: € 149,265 ▲ € 970,902 vs 2023 (€ -821,636) Favourable step	€ -45,788 Profit after taxes 2025: € -45,788 ▼ € 195,053 vs 2024 (€ 149,265) Unfavourable step	▼ € 195,053
Equity	€ 899,886 Equity 2022: € 899,886 First fiscal year in the series	€ 78,250 Equity 2023: € 78,250 ▼ 91% vs 2022 (€ 899,886) Unfavourable step	€ 227,515 Equity 2024: € 227,515 ▲ 191% vs 2023 (€ 78,250) Favourable step	€ 181,727 Equity 2025: € 181,727 ▼ 20% vs 2024 (€ 227,515) Unfavourable step	▼ 20%
Total debts	€ 2,000,974 Total debts 2022: € 2,000,974 First fiscal year in the series	€ 1,476,218 Total debts 2023: € 1,476,218 ▼ 26% vs 2022 (€ 2,000,974) Favourable step	€ 1,437,169 Total debts 2024: € 1,437,169 ▼ 3% vs 2023 (€ 1,476,218) Favourable step	€ 1,231,081 Total debts 2025: € 1,231,081 ▼ 14% vs 2024 (€ 1,437,169) Favourable step	▼ 14%
Cash	€ 171,636 Cash 2022: € 171,636 First fiscal year in the series	€ 118,284 Cash 2023: € 118,284 ▼ 31% vs 2022 (€ 171,636) Unfavourable step	€ 56,251 Cash 2024: € 56,251 ▼ 52% vs 2023 (€ 118,284) Unfavourable step	€ 385,555 Cash 2025: € 385,555 ▲ € 329,304 vs 2024 (€ 56,251) Favourable step	▲ € 329,304
Retained profit	€ 824,886 Retained profit 2022: € 824,886 First fiscal year in the series	€ 3,250 Retained profit 2023: € 3,250 ▼ € 821,636 vs 2022 (€ 824,886) Unfavourable step	€ 152,515 Retained profit 2024: € 152,515 ▲ € 149,265 vs 2023 (€ 3,250) Favourable step	€ 106,727 Retained profit 2025: € 106,727 ▼ 30% vs 2024 (€ 152,515) Unfavourable step	▼ 30%
Bank debt	€ 16,667 Bank debt 2022: € 16,667 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 16,667) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 2,900,860 Balance sheet total 2022: € 2,900,860 First fiscal year in the series	€ 1,554,468 Balance sheet total 2023: € 1,554,468 ▼ 46% vs 2022 (€ 2,900,860) Unchanged	€ 1,664,684 Balance sheet total 2024: € 1,664,684 ▲ 7% vs 2023 (€ 1,554,468) Unchanged	€ 1,412,808 Balance sheet total 2025: € 1,412,808 ▼ 15% vs 2024 (€ 1,664,684) Unchanged	▼ 15%
Employees (FTE)	22.5 Employees (FTE) 2022: 22.5 First fiscal year in the series	21.5 Employees (FTE) 2023: 21.5 ▼ 1 vs 2022 (22.5) Unchanged	20.3 Employees (FTE) 2024: 20.3 ▼ 1.2 vs 2023 (21.5) Unchanged	22.6 Employees (FTE) 2025: 22.6 ▲ 2.3 vs 2024 (20.3) Unchanged	▲ 2.3

Key figures of GILMASO, 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 GILMASO?

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

Jul 15, 2026 New annual accounts for financial year 2025: loss of € 45,788 (▼ € 195,053 vs 2024). Source: NBB ↗
Jan 1, 2008 New establishment in Antwerpen. KBO
Nov 23, 1998 New establishment in Genk. KBO
Oct 3, 1995 Start of the company according to the CBE. KBO

In short

From € 68,795 profit in 2022 to € 45,788 loss in 2025.

Paid € 32,590 in corporate taxes since 2022.

Best year ever: 2024, with € 149,265 profit.

On average € 73,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MARTIN'S COMPANY 49%

PS HOLDING 49%

ASOTEP 49%

The stake of MARTIN'S COMPANY, PS HOLDING, ASOTEP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GILMASO

Behind GILMASO are Martin's Company BV and Asotep NV. The shares are held by MARTIN'S COMPANY (49%), PS HOLDING (49%) and ASOTEP (49%).

Directors

According to the 2025 annual accounts

Martin's Company BV

Managing director · represented by Martinus de Leeuw

Asotep NV

Managing director · represented by Sergio Petosa

Shareholders

MARTIN'S COMPANY

49%

PS HOLDING

49%

ASOTEP

49%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Woudstraat 3A

3600 Genk

2.073.655.112

Woudstraat 3 A

3600 Genk

Active since 23 November 1998

2.271.745.542

Scheldelaan 14

2030 Antwerpen

Active since 1 January 2008

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 →

ASOTEP same network

€ 7.1 million 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

0456.217.130

VAT number

BE 0456.217.130

Registered office

Woudstraat 3A, 3600 Genk

Names & denominations

GILMASO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

3 October 1995

Peppol

Active · Active since 4 Sept 2025

Activities · NACE

Vervaardiging van stoomketels

Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming

Bouw van civieltechnische werken voor vloeistoffen, neg

Vervaardiging van stoomketels, exclusief warmwaterketels voor centrale verwarming

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Vervaardiging van metalen constructiewerken en onderdelen daarvan

View on CBE Public ↗ Annual accounts (NBB) ↗

GILMASO

Financials

What happened to GILMASO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions