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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GILMEC from Kruisem, company number BE0680820135, closed financial year 2025 with a result of € 74,897 after tax. For that financial year GILMEC recorded a gross margin of € 116,759 and equity of € 281,381. Compared with financial year 2024, the result moved from € 59,803 to € 74,897. 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 July 8, 2026.
€ 281,381
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,897
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 26,023
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 18,693
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 683,863
▼ 9% vs 2024
€ 179,261 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 8,606
▲ 159% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,400
▲ 10% vs 2024
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 | € 41,817 | € 38,915 | € 105,259 | € 116,759 | ▲ 11% |
| Profit after taxes | € 30,714 | € 21,953 | € 59,803 | € 74,897 | ▲ 25% |
| Equity | € 199,656 | € 210,161 | € 251,484 | € 281,381 | ▲ 12% |
| Total debts | € 29,151 | € 30,452 | € 775,424 | € 738,409 | ▼ 5% |
| Cash | € 80,940 | € 97,388 | € 68,645 | € 26,023 | ▼ 62% |
| Retained profit | € 187,256 | € 191,561 | € 232,884 | € 262,781 | ▲ 13% |
| Dividend | € 800 | € 17,647 | € 833 | € 45,000 | ▲ € 44,167 |
| Bank debt | € 20,866 | € 13,627 | € 751,726 | € 683,863 | ▼ 9% |
| Balance sheet total | € 228,807 | € 240,613 | € 1,026,908 | € 1,019,791 | ▼ 1% |
Key figures of GILMEC, 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 GILMEC?
What happened at GILMEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 74,897 (▲ 25% vs 2024). Source: NBB ↗
- Giles Dhont became a director. NBB
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,714 profit in 2022 to € 74,897 profit in 2025.
Paid € 57,214 in corporate taxes since 2022.
Best year ever: 2025, with € 74,897 profit.
Paid out € 64,280 in dividends to the owners in total.
Management
Behind GILMEC is Giles Dhont. It owns 15% of Mecamar itself.
Directors
According to the 2025 annual accounts
Giles Dhont
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Strijpstraat 7
9750 Kruisem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.820.135
- VAT number
- BE 0680.820.135
- Registered office
- Strijpstraat 7, 9750 Kruisem
- Names & denominations
- GILMEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2017
- Peppol
- Active · Active since 13 Feb 2025
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