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 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
GILLES CONSTRUCTIONS from Stoumont, company number BE0700376622, closed financial year 2024 with a result of € -111,185 after tax. For that financial year GILLES CONSTRUCTIONS recorded a gross margin of € 144,273 and equity of € -103,435. Compared with financial year 2023, the result moved from € 471 to € -111,185. 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 16, 2025.
€ -103,435
▼ € 111,185 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -111,185
▼ still € 471 profit in 2023
Profit after tax over the fiscal year.
€ 46
▼ € 16,429 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,635.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 240,413
▼ 1% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,775
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4,729
▼ 44% vs 2023
Loans from banks and other lenders, long and short.
€ 94,795
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 132,417
▲ 63% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 171,085 | € 230,216 | € 266,987 | € 144,273 | ▼ 46% |
| Profit after taxes | € 1,355 | € 2,004 | € 471 | € -111,185 | ▼ € 111,656 |
| Equity | € 5,276 | € 7,280 | € 7,750 | € -103,435 | ▼ € 111,185 |
| Total debts | € 154,024 | € 146,076 | € 176,316 | € 238,303 | ▲ 35% |
| Cash | € 36,055 | € 52,821 | € 16,475 | € 46 | ▼ € 16,429 |
| Retained profit | € -924 | € 1,080 | € 1,550 | € -109,635 | ▼ € 111,185 |
| Bank debt | € 24,148 | € 15,740 | € 8,400 | € 4,729 | ▼ 44% |
| Balance sheet total | € 159,299 | € 153,355 | € 184,066 | € 134,868 | ▼ 27% |
Key figures of GILLES CONSTRUCTIONS, 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 GILLES CONSTRUCTIONS?
What happened at GILLES CONSTRUCTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GILLES CONSTRUCTIONS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 111,185 (▼ € 111,656 vs 2023). Source: NBB ↗
- New establishment in Stoumont. KBO
- Start of the company according to the CBE. KBO
- Gilles MARTIN became a director. NBB
In short
From € 1,355 profit in 2021 to € 111,185 loss in 2024.
Paid € 597 in corporate taxes since 2021.
Best year ever: 2022, with € 2,004 profit.
Management
Behind GILLES CONSTRUCTIONS is Gilles MARTIN.
Directors
According to the 2024 annual accounts
Gilles MARTIN
Administrateur
since 2018
Establishments
Establishment units
Physical locations of this company
Village 25
4987 Stoumont
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.376.622
- VAT number
- BE 0700.376.622
- Registered office
- Village 25, 4987 Stoumont
- Names & denominations
- GILLES CONSTRUCTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 25 July 2018
- Peppol
- Not registered
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwrijp maken van terreinen
Metselwerk
Uitvoeren van metsel- en voegwerken