Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Gilgemyn Warehousing from Wevelgem, company number BE0893366238, closed financial year 2025 with a result of € 333,047 after tax. For that financial year Gilgemyn Warehousing recorded a gross margin of € 639,316 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 328,294 to € 333,047. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.
€ 1.9 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 333,047
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 63,834
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
45 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.4
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 32,761
▼ 26% 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.
Debts at end 2025
€ 2.6 million
▼ 7% vs 2024
€ 204,773 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 13,157
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,511
▼ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,068,644 | € 322,601 | € 763,549 | € 639,316 | ▼ 16% |
| Profit after taxes | € 830,743 | € 113,801 | € 328,294 | € 333,047 | ▲ 1% |
| Equity | € 1,499,680 | € 1,563,481 | € 1,766,775 | € 1,949,822 | ▲ 10% |
| Total debts | € 1,917,190 | € 3,175,682 | € 3,066,786 | € 2,789,963 | ▼ 9% |
| Cash | € 351,917 | € 136,241 | € 98,589 | € 63,834 | ▼ 35% |
| Land & buildings | € 2,292,213 | € 3,889,997 | € 3,747,214 | € 3,889,141 | ▲ 4% |
| Retained profit | € 1,269,170 | € 1,332,971 | € 1,536,265 | € 1,719,312 | ▲ 12% |
| Dividend | € 250,000 | € 50,000 | € 125,000 | € 150,000 | ▲ 20% |
| Bank debt | € 1,485,727 | € 3,026,047 | € 2,807,201 | € 2,603,439 | ▼ 7% |
| Balance sheet total | € 3,416,870 | € 4,739,163 | € 4,833,562 | € 4,739,785 | ▼ 2% |
| Employees (FTE) | 1 | 0.3 | 1 | 0.4 | ▼ 0.6 |
Key figures of Gilgemyn Warehousing, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Gilgemyn Warehousing?
What happened at Gilgemyn Warehousing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 333,047 (▲ 1% vs 2024). Source: NBB ↗
- Gilgemyn Estates BV became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 830,743 profit in 2022 to € 333,047 profit in 2025.
Paid € 242,615 in corporate taxes since 2022.
Best year ever: 2022, with € 830,743 profit.
On average € 763,500 of value added per employee in 2024.
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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 Gilgemyn Warehousing is Gilgemyn Estates BV.
Directors
According to the 2025 annual accounts
Director · represented by Cappon Ria
since 2022
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 31
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.366.238
- VAT number
- BE 0893.366.238
- Registered office
- Nijverheidslaan 31, 8560 Wevelgem
- Names & denominations
- Gilgemyn Warehousing
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2007
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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