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 21 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
47 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GILLION ASSET MANAGEMENT from Elsene, company number BE0477535948, closed financial year 2025 with a result of € 64,478 after tax. For that financial year GILLION ASSET MANAGEMENT recorded a gross margin of € 536,493 and equity of € 2 million. Compared with financial year 2024, the result moved from € -161,443 to € 64,478. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ 2 million
▲ € 3.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,478
▲ still € 161,443 loss in 2024
Profit after tax over the fiscal year.
€ 248,531
▲ € 233,075 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 € -3.8 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 13,875
▼ 66% vs 2024
€ 6,900 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.
Debts at end 2025
€ 3.4 million
▲ 164% vs 2024
€ 253,414 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 387,073
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 169,575
▲ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 734,376 | € 504,623 | € 427,446 | - | |
| Gross margin | € 9,863 | € 318,085 | € 355,094 | € 536,493 | ▲ 51% |
| Profit after taxes | € -751,163 | € -564,876 | € -161,443 | € 64,478 | ▲ € 225,921 |
| Equity | € -297,355 | € -862,231 | € -1,023,674 | € 2,040,804 | ▲ € 3.1 million |
| Total debts | € 3,806,611 | € 4,269,252 | € 4,635,255 | € 4,848,091 | ▲ 5% |
| Cash | € 30,175 | € 255,310 | € 15,456 | € 248,531 | ▲ € 233,075 |
| Land & buildings | € 1,764,761 | € 1,715,136 | € 1,665,510 | € 5,021,266 | ▲ 201% |
| Retained profit | € -3,181,355 | € -3,746,231 | € -3,907,674 | € -3,843,196 | ▲ € 64,478 |
| Bank debt | € 670,587 | € 1,405,830 | € 1,294,376 | € 3,417,016 | ▲ 164% |
| Balance sheet total | € 3,509,256 | € 3,407,021 | € 3,611,581 | € 6,888,895 | ▲ 91% |
| Employees (FTE) | 3.3 | 2 | 2 | 2 |
Key figures of GILLION ASSET MANAGEMENT, 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 GILLION ASSET MANAGEMENT?
What happened at GILLION ASSET MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,478. filed late Source: NBB ↗
- Nathalie Gillion Crowet stepped down as director. NBB
- Aurèle de Merode stepped down as director. NBB
- A. DE MERODE SRL stepped down as director. NBB
- Nathalie Gillion Crowet became a director. NBB
- Aurèle de Merode became a director. NBB
- A. DE MERODE SRL became a director. NBB
- New establishment in Vorst. KBO
In short
From € 751,163 loss in 2022 to € 64,478 profit in 2025.
Paid € 13,142 in corporate taxes since 2022.
Best year ever: 2025, with € 64,478 profit.
On average € 268,200 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2026
Aurèle de Merode
Director
since 2024 · until 2026
Managing director · represented by Amaury de Merode
Also active at: La Technique rationnelle moderne, Les Entreprises Générales Fernand Gillion et fils, LAURAL, GILLION DEVELOPMENT, GILLION CROWET ESTATE ALLIANCE, GILLION CROWET ESTATE ALLIANCE CONSTRUCT
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Louizalaan 283 box 21
1050 Elsene
Sint-Denijsstraat 132
1190 Vorst
Active since 4 June 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 47 companies are registered at this address.
All companies at this address →Résidence Saint-Georges same network
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€ 2 million gross margin · 2025
AMIS DE L'UNIVERSITE BEN GURION - DE VRIENDEN VAN DE BEN GURION UNIVERSITEIT
+42 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
- 0477.535.948
- VAT number
- BE 0477.535.948
- Registered office
- Louizalaan 283 bus 21, 1050 Elsene
- Names & denominations
- GILLION ASSET MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2002
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur van machines en installaties voor de bouwnijverheid
Beheer van overig onroerend goed