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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
GILL from Ronse, company number BE0473665846, closed financial year 2025 with a result of € 17,093 after tax. For that financial year GILL recorded a gross margin of € 67,540 and equity of € -305,018. Compared with financial year 2024, the result moved from € 34,870 to € 17,093. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 21, 2025.
€ -305,018
▲ € 17,093 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,093
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 5,916
▲ 133% 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 € -423,618.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 409
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,495
▼ 13% vs 2024
€ 17,270 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1,246
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,206
▲ € 6,110 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,561 | € 70,348 | € 79,643 | € 67,540 | ▼ 15% |
| Profit after taxes | € -92,447 | € -20,061 | € 34,870 | € 17,093 | ▼ 51% |
| Equity | € -336,920 | € -356,981 | € -322,111 | € -305,018 | ▲ € 17,093 |
| Total debts | € 1,400,589 | € 1,357,113 | € 1,316,983 | € 1,274,549 | ▼ 3% |
| Cash | € 2,339 | € 1,305 | € 2,536 | € 5,916 | ▲ 133% |
| Land & buildings | € 1,040,403 | € 965,263 | € 924,404 | € 888,364 | ▼ 4% |
| Retained profit | € -455,520 | € -475,581 | € -440,711 | € -423,618 | ▲ € 17,093 |
| Bank debt | € 180,572 | € 152,409 | € 134,564 | € 117,495 | ▼ 13% |
| Balance sheet total | € 1,100,745 | € 1,035,056 | € 1,027,950 | € 1,000,763 | ▼ 3% |
Key figures of GILL, 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 October 2026.
What happened to GILL?
What happened at GILL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,093 (▼ 51% vs 2024). filed late Source: NBB ↗
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
- Glenn Verledens became a director. NBB
In short
From € 92,447 loss in 2022 to € 17,093 profit in 2025.
Paid € 557 in corporate taxes since 2022.
Best year ever: 2024, with € 34,870 profit.
Management
Behind GILL is Glenn Verledens. The shares are held by Glenn Verledens.
Directors
According to the 2025 annual accounts
since 2000
Shareholders
Glenn Verledens · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rijkswachtdreef 20
9600 Ronse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.665.846
- VAT number
- BE 0473.665.846
- Registered office
- Rijkswachtdreef 20, 9600 Ronse
- Names & denominations
- GILL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2000
- Peppol
- Active · Active since 26 Oct 2025
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