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 1 of the last 3 fiscal years.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Gilen Real Estate Development from Sint-Truiden, company number BE0788487363, closed financial year 2025 with a result of € -187,876 after tax. For that financial year Gilen Real Estate Development recorded a gross margin of € -120,316 and equity of € -92,209. Compared with financial year 2024, the result moved from € 26,857 to € -187,876. 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 August 26, 2026.
€ -92,209
▼ € 187,876 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -187,876
▼ still € 26,857 profit in 2024
Profit after tax over the fiscal year.
€ 11,115
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -217,209.
People and assets in 2025
0.7
Average over the fiscal year, from the social balance sheet.
€ 65,256
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 2025
None
No bank loans on the last day of the fiscal year.
€ 186,066
▲ € 159,706 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | € 74,287 | - | |
| Gross margin | € -31,795 | € 27,843 | € -120,316 | ▼ € 148,159 |
| Profit after taxes | € -56,189 | € 26,857 | € -187,876 | ▼ € 214,733 |
| Equity | € 68,811 | € 95,667 | € -92,209 | ▼ € 187,876 |
| Total debts | € 20,109 | € 35,678 | € 441,066 | ▲ € 405,388 |
| Cash | € 82,593 | € 63,714 | € 11,115 | ▼ 83% |
| Retained profit | € -56,189 | € -29,333 | € -217,209 | ▼ € 187,876 |
| Balance sheet total | € 88,920 | € 131,346 | € 348,857 | ▲ 166% |
| Employees (FTE) | - | - | 0.7 |
Key figures of Gilen Real Estate Development, fiscal years 2023 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 Gilen Real Estate Development?
What happened at Gilen Real Estate Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 187,876 (▼ € 214,733 vs 2024). filed late Source: NBB ↗
- Projectmanagement BV became a director. NBB
- Chatons BV became a director. NBB
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,189 loss in 2023 to € 187,876 loss in 2025.
Best year ever: 2024, with € 26,857 profit.
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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
The stake of Manifico comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Gilen Real Estate DevelopmentBehind Gilen Real Estate Development are Chatons BV and Projectmanagement BV. The shares are held by Manifico (50%).
Directors
According to the 2025 annual accounts
Director · represented by Gilen Laurens
Also active at: GILEN IMMOBILIEN, TRIVIUM, Nasco, Gilen Bouwprojecten, Belgico, Clarissenklooster, Botanica, IRREALIS +2 more
since 2025
Director · represented by Karel Bauwens
since 2025
Shareholders
50%
Participations
No participations in other companies reported.
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
- 0788.487.363
- VAT number
- BE 0788.487.363
- Registered office
- Plankstraat 13, 3800 Sint-Truiden
- Names & denominations
- Gilen Real Estate Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2022
- Peppol
- Active · Active since 15 Jan 2026
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