Financials
Financial year 2025
GILSON MICHAEL from Havelange, company number BE0824883545, closed financial year 2025 with a result of € -4,626 after tax. For that financial year GILSON MICHAEL recorded a gross margin of € 18,587 and equity of € 63,662. Compared with financial year 2024, the result moved from € 35,232 to € -4,626. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 63,662
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,626
▼ still € 35,232 profit in 2024
Profit after tax over the fiscal year.
€ 7,924
▲ 250% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 57,462.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,488
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 201,261
▲ 28% vs 2024
€ 45,416 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 11,003
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,377
▼ 64% 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 | € 10,588 | € -3,093 | € 63,429 | € 18,587 | ▼ 71% |
| Profit after taxes | € -3,219 | € -13,450 | € 35,232 | € -4,626 | ▼ € 39,858 |
| Equity | € 46,506 | € 33,056 | € 68,288 | € 63,662 | ▼ 7% |
| Total debts | € 202,662 | € 208,668 | € 238,207 | € 221,881 | ▼ 7% |
| Cash | € 2,449 | € 5,653 | € 2,267 | € 7,924 | ▲ 250% |
| Land & buildings | € 171,472 | € 164,267 | € 157,063 | € 149,858 | ▼ 5% |
| Retained profit | € 40,306 | € 26,856 | € 62,088 | € 57,462 | ▼ 7% |
| Bank debt | € 150,550 | € 131,403 | € 156,801 | € 201,261 | ▲ 28% |
| Balance sheet total | € 249,168 | € 241,724 | € 306,495 | € 285,543 | ▼ 7% |
Key figures of GILSON MICHAEL, 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 GILSON MICHAEL?
What happened at GILSON MICHAEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,626 (▼ € 39,858 vs 2024). Source: NBB ↗
- New establishment in Havelange. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,219 loss in 2022 to € 4,626 loss in 2025.
Paid € 6,923 in corporate taxes since 2022.
Best year ever: 2024, with € 35,232 profit.
Management
Behind GILSON MICHAEL is MICHAEL GILSON. MICHAEL GILSON is also behind MIKA.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Route de la Cave romaine(J) 3 box F
5370 Havelange
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0824.883.545
- VAT number
- BE 0824.883.545
- Registered office
- Route de la Cave romaine(J) 3 bus F, 5370 Havelange
- Names & denominations
- GILSON MICHAEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2010
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden