Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 9.5 to 2.1.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Gilen Bouwprojecten from Sint-Truiden, company number BE0765491633, closed financial year 2024 with a result of € -799,464 after tax. For that financial year Gilen Bouwprojecten recorded a gross margin of € -503,481 and equity of € -2.2 million. Compared with financial year 2023, the result moved from € -1.6 million to € -799,464. 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 20, 2025.
€ -2.2 million
▼ € 799,464 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -799,464
▲ 51 % less loss than in 2023
Profit after tax over the fiscal year.
€ 12,149
▲ € 10,521 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2024
2.1
▼ 3.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 149,881
▼ 60% vs 2023
€ 71,400 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.
€ 4,278
▼ 76% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 899,437
▼ 38% vs 2023
€ 55,215 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 250,774
▼ 70% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,738
▼ 76% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 262,056 | € 653,845 | € -1,094,615 | € -503,481 | ▲ € 591,134 |
| Profit after taxes | € 30,461 | € -1,329 | € -1,636,945 | € -799,464 | ▲ € 837,481 |
| Equity | € 230,461 | € 229,131 | € -1,407,814 | € -2,207,278 | ▼ € 799,464 |
| Total debts | € 3,083,465 | € 4,136,990 | € 5,069,749 | € 3,928,382 | ▼ 23% |
| Cash | € 83,351 | € 165,966 | € 1,628 | € 12,149 | ▲ € 10,521 |
| Land & buildings | € 978,983 | € 953,750 | € 920,804 | € 887,857 | ▼ 4% |
| Retained profit | € 30,461 | € 29,131 | € -1,607,814 | € -2,407,278 | ▼ € 799,464 |
| Bank debt | € 1,063,278 | € 1,517,758 | € 1,458,264 | € 899,437 | ▼ 38% |
| Balance sheet total | € 3,313,926 | € 4,366,121 | € 3,661,935 | € 1,721,104 | ▼ 53% |
| Employees (FTE) | 2.1 | 9.5 | 5.8 | 2.1 | ▼ 3.7 |
Key figures of Gilen Bouwprojecten, 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 Gilen Bouwprojecten?
What happened at Gilen Bouwprojecten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 799,464. filed late Source: NBB ↗
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,461 profit in 2021 to € 799,464 loss in 2024.
Paid € 5,763 in corporate taxes since 2021.
Best year ever: 2021, with € 30,461 profit.
On average € 68,800 of value added per employee in 2022.
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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
Behind Gilen Bouwprojecten are Chatons BV and AL-MGMT BV. Chatons BV is also behind GILEN IMMOBILIEN, TRIVIUM, Nasco, Belgico and Gilen Real Estate Development.
Directors
According to the 2024 annual accounts
Director · represented by Laurens GILEN
Also active at: GILEN IMMOBILIEN, TRIVIUM, Nasco, Belgico, Gilen Real Estate Development, Clarissenklooster, Botanica, IRREALIS +2 more
Director · represented by Axel LOWIER
Establishments
Establishment units
Physical locations of this company
Plankstraat 13
3800 Sint-Truiden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Gilen Guy
€ 2 million gross margin · 2025
GILEN IMMOBILIEN same network
€ 949,961 gross margin · 2025
TENNIS CLUB DAVIS
€ 8,702 gross margin · 2025
T.C.D. NV BTW-EENHEID
TRIVIUM same network
€ -63,107 gross margin · 2025
+10 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
- 0765.491.633
- VAT number
- BE 0765.491.633
- Registered office
- Plankstraat 13, 3800 Sint-Truiden
- Names & denominations
- Gilen Bouwprojecten
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2021
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Bouwrijp maken van terreinen
Algemene bouw van kantoorgebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van andere niet-residentiële gebouwen
Algemene bouw van residentiële gebouwen
Groothandel in bouwmaterialen, algemeen assortiment
Bouw van andere civieltechnische werken, neg
+2