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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GILCOTEX from Brussel, company number BE0824640847, closed financial year 2025 with a result of € -71,267 after tax. For that financial year GILCOTEX recorded a gross margin of € -27,475 and equity of € 4,533. Compared with financial year 2024, the result moved from € 17,477 to € -71,267. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 4,533
▲ € 83,733 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,267
▼ still € 17,477 profit in 2024
Profit after tax over the fiscal year.
€ 21,939
▲ € 16,801 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -74,145.
People and assets in 2025
€ 22,216
▲ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 904
▼ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 117,081
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,527
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,657 | € -103,972 | € 61,135 | € -27,475 | ▼ € 88,610 |
| Profit after taxes | € -50,975 | € -129,336 | € 17,477 | € -71,267 | ▼ € 88,744 |
| Equity | € 32,658 | € -96,678 | € -79,201 | € 4,533 | ▲ € 83,733 |
| Total debts | € 321,303 | € 527,178 | € 512,223 | € 378,697 | ▼ 26% |
| Cash | € 3,778 | € 1,680 | € 5,138 | € 21,939 | ▲ € 16,801 |
| Retained profit | € -46,020 | € -175,356 | € -157,879 | € -74,145 | ▲ € 83,733 |
| Balance sheet total | € 355,461 | € 432,001 | € 434,522 | € 384,730 | ▼ 11% |
Key figures of GILCOTEX, 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 GILCOTEX?
What happened at GILCOTEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 71,267 (▼ € 88,744 vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Gilles BOUGNIART became a director. NBB
In short
From € 50,975 loss in 2022 to € 71,267 loss in 2025.
Best year ever: 2024, with € 17,477 profit.
Management
Behind GILCOTEX is Gilles BOUGNIART.
Directors
According to the 2025 annual accounts
Gilles BOUGNIART
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Zuidstraat 38
1000 Brussel
Naamsestraat 81
1000 Brussel
Active since 22 April 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0824.640.847
- VAT number
- BE 0824.640.847
- Registered office
- Zuidstraat 38, 1000 Brussel
- Names & denominations
- GILCOTEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 2010
- Peppol
- Active · Active since 10 Feb 2026
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