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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Gillyconvalley from Waterloo, company number BE0673913240, closed financial year 2025 with a result of € -49,310 after tax. For that financial year Gillyconvalley recorded a gross margin of € -1,904 and equity of € -46,400. Compared with financial year 2024, the result moved from € 31,811 to € -49,310. 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 October 29, 2025.
€ -46,400
▼ € 49,310 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,310
▼ still € 31,811 profit in 2024
Profit after tax over the fiscal year.
€ 466
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -46,402.
People and assets in 2025
€ 30
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 509,893
▼ 8% vs 2024
€ 44,960 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 12,124
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,068
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 | € 34,446 | € 39,442 | € 32,739 | € -1,904 | ▼ € 34,643 |
| Profit after taxes | € -20,790 | € -17,146 | € 31,811 | € -49,310 | ▼ € 81,121 |
| Equity | € -11,755 | € -28,901 | € 2,910 | € -46,400 | ▼ € 49,310 |
| Total debts | € 636,120 | € 1,001,070 | € 1,211,661 | € 1,465,209 | ▲ 21% |
| Cash | € 1,895 | € 114 | € 518 | € 466 | ▼ 10% |
| Land & buildings | € 621,006 | € 586,956 | € 665,049 | € 724,052 | ▲ 9% |
| Retained profit | € -11,757 | € -28,903 | € 2,908 | € -46,402 | ▼ € 49,310 |
| Bank debt | € 503,117 | € 756,351 | € 551,470 | € 509,893 | ▼ 8% |
| Balance sheet total | € 624,365 | € 972,169 | € 1,214,571 | € 1,418,808 | ▲ 17% |
Key figures of Gillyconvalley, 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 Gillyconvalley?
What happened at Gillyconvalley in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,310 (▼ € 81,121 vs 2024). Source: NBB ↗
- Adam Grégoire became a director. NBB
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,790 loss in 2022 to € 49,310 loss in 2025.
Best year ever: 2024, with € 31,811 profit.
Management
Behind Gillyconvalley is Adam Grégoire. It owns 100% of ICONIC ESTATES itself.
Directors
According to the 2025 annual accounts
Adam Grégoire
Director
Also active at: Iconic Estates, GESMARQUE, SPARK SOLUTIONS, Serenity Events, SUPERMAN, XPress Logistics
since 2020
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 143
1410 Waterloo
Place du Louvy 19
6060 Charleroi
Active since 10 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.913.240
- VAT number
- BE 0673.913.240
- Registered office
- Avenue Reine Astrid 143, 1410 Waterloo
- Names & denominations
- Gillyconvalley
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2017
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen