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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
48 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GILLION ASSET MANAGEMENT from Elsene, company number BE0477535948, closed financial year 2024 with a result of € -161,443 after tax. For that financial year GILLION ASSET MANAGEMENT recorded revenue of € 427,446 and equity of € -1 million. Compared with financial year 2023, the result moved from € -564,876 to € -161,443. The company made a loss. 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 July 11, 2025.
€ -1 million
▼ € 161,443 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -161,443
▲ 71 % less loss than in 2023
Profit after tax over the fiscal year.
€ 15,456
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
People and assets in 2024
2
Average over the fiscal year, from the social balance sheet.
€ 41,001
▼ 90% vs 2023
€ 20,500 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 2024
€ 1.3 million
▼ 8% vs 2023
€ 125,359 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 397,726
▼ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 99,705
▼ 12% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 2,761,408 | € 734,376 | € 504,623 | € 427,446 | ▼ 15% |
| Gross margin | € 863,286 | € 9,863 | € 318,085 | € 355,094 | ▲ 12% |
| Profit after taxes | € -822,497 | € -751,163 | € -564,876 | € -161,443 | ▲ € 403,432 |
| Equity | € 453,808 | € -297,355 | € -862,231 | € -1,023,674 | ▼ € 161,443 |
| Total debts | € 3,051,951 | € 3,806,611 | € 4,269,252 | € 4,635,255 | ▲ 9% |
| Cash | € 13,786 | € 30,175 | € 255,310 | € 15,456 | ▼ 94% |
| Land & buildings | € 1,816,338 | € 1,764,761 | € 1,715,136 | € 1,665,510 | ▼ 3% |
| Retained profit | € -3,421,766 | € -3,181,355 | € -3,746,231 | € -3,907,674 | ▼ € 161,443 |
| Bank debt | € 600,064 | € 670,587 | € 1,405,830 | € 1,294,376 | ▼ 8% |
| Balance sheet total | € 3,505,759 | € 3,509,256 | € 3,407,021 | € 3,611,581 | ▲ 6% |
| Employees (FTE) | 17.7 | 3.3 | 2 | 2 |
Key figures of GILLION ASSET MANAGEMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
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:
- 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
- New annual accounts for financial year 2024: loss of € 161,443. Source: NBB ↗
- Nathalie Gillion-Crowet became a director. NBB
- Aurèle de Merode became a director. NBB
- Rodrigue Gillion SRL stepped down as director. NBB
- A. De Merode SRL became a director. NBB
In short
From € 822,497 loss in 2021 to € 161,443 loss in 2024.
Paid € 13,142 in corporate taxes since 2021.
On average € 177,500 of value added per employee in 2024.
A new publication or filing at GILLION ASSET MANAGEMENT? We notify you, reason included.
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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 2024 annual accounts
Nathalie Gillion-Crowet
Director
since 2024 · until 2026
Aurèle de Merode
Director
since 2024 · until 2026
Director · represented by Rodrigue Gillion
Also active at: La Technique rationnelle moderne, Les Entreprises Générales Fernand Gillion et fils, Résidence Chambord, LAURAL, LeoMole III, CHATEAU ET VILLAS, arts et chatelain, GILLION DEVELOPMENT
since 2019 · until 2024
Director · represented by Amaury De Merode
Also active at: La Technique rationnelle moderne, Les Entreprises Générales Fernand Gillion et fils, LAURAL, GILLION DEVELOPMENT
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 48 companies are registered at this address.
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€ 267,104 gross margin · 2025
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EF EDUCATION
€ 2 million gross margin · 2025
AMIS DE L'UNIVERSITE BEN GURION - DE VRIENDEN VAN DE BEN GURION UNIVERSITEIT
+43 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