ACTIVE

GILL AVIATION

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Financial year 2025 · closed on 31/12/2025

Net result

282,1 k €

+349.6% YoY

Gross margin

858,8 k €

+38.6% YoY

Equity

370,9 k €

+43.3% YoY

Workforce

7,2 ETP

0.0% YoY

What does GILL AVIATION do?

GILL AVIATION is a Private limited company incorporated in 1989. Its main activity is: Repair and maintenance of aircraft and spacecraft. Its registered office is in Wevelgem. It employs on average 7,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.319.829

Incorporation

29/12/1989

Legal form

Private limited company

Registered office

Vliegveld 60
8560 Wevelgem · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

7,2 ETP

Activities (NACE)

33160Repair and maintenance of aircraft and spacecraft· main 33160Repair and maintenance of aircraft and spacecraft 30300Manufacture of air and spacecraft and related machinery 30310Manufacture of air and spacecraft and related machinery 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Joint committees (4)

105
111
111105
20905

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	858,8 k €	+38.6%	619,5 k €	+20.2%	515,4 k €	-0.8%	519,4 k €	+5.9%	490,5 k €	+38.4%	354,5 k €	+11.1%	319 k €	-19.2%	394,6 k €	+17.1%	337 k €	-19.0%	416,1 k €	+21.7%	341,8 k €	+0.2%	341,3 k €	+27.5%	267,6 k €	-8.4%	292 k €	+15.5%	252,8 k €	+5.8%	238,8 k €	-12.9%	274,3 k €	+24.3%	220,8 k €
EBITDA	360,5 k €	+161%	138,3 k €	+71.1%	80,8 k €	-41.5%	138,1 k €	-15.3%	163,1 k €	+183%	57,7 k €	+852%	-7,7 k €	-109%	89,9 k €	+16.6%	77,1 k €	-56.0%	175,2 k €	+53.3%	114,2 k €	-5.6%	121 k €	+50.1%	80,6 k €	-17.9%	98,2 k €	+11.1%	88,4 k €	-8.4%	96,5 k €	-32.8%	143,6 k €	+78.3%	80,6 k €
Operating result	338,9 k €	+272%	91,1 k €	+281%	23,9 k €	-77.4%	105,9 k €	-21.4%	134,7 k €	+365%	29 k €	+231%	-22 k €	-142%	52,7 k €	+31.7%	40 k €	-71.3%	139,7 k €	+114%	65,1 k €	-18.4%	79,8 k €	+74.1%	45,8 k €	-21.6%	58,5 k €	+7.9%	54,2 k €	-14.9%	63,7 k €	-38.0%	102,7 k €	+103%	50,6 k €
Net result	282,1 k €	+350%	62,8 k €	+2309%	2,6 k €	-96.6%	77 k €	-13.0%	88,5 k €	+408%	17,4 k €	+157%	-30,6 k €	-183%	36,8 k €	+23.4%	29,8 k €	-67.3%	91 k €	+139%	38 k €	-29.9%	54,3 k €	+91.7%	28,3 k €	-28.9%	39,8 k €	+21.6%	32,7 k €	-22.6%	42,3 k €	-36.2%	66,3 k €	+112%	31,2 k €
Balance sheet
Equity	370,9 k €	+43.3%	258,7 k €	+9.6%	236 k €	+1.1%	233,4 k €	+32.3%	176,4 k €	+49.3%	118,2 k €	+17.3%	100,8 k €	-23.3%	131,4 k €	+38.9%	94,6 k €	-79.6%	464,8 k €	+24.4%	373,8 k €	+11.3%	335,7 k €	+19.3%	281,5 k €	-20.3%	353,2 k €	+12.7%	313,4 k €	-17.7%	380,7 k €	+12.5%	338,4 k €	+24.4%	272,1 k €
Total assets	1,5 M €	+20.6%	1,3 M €	-32.8%	1,9 M €	+72.8%	1,1 M €	-9.2%	1,2 M €	+1.7%	1,2 M €	+41.9%	841,8 k €	+8.7%	774,5 k €	+12.7%	687,1 k €	+16.3%	590,8 k €	+15.6%	511 k €	+0.4%	509,1 k €	+2.9%	494,9 k €	-10.0%	549,8 k €	-0.3%	551,7 k €	-5.5%	583,9 k €	-7.8%	633,1 k €	+3.9%	609,5 k €
Cash	66,8 k €	-48.5%	129,7 k €	-23.5%	169,6 k €	+29.0%	131,5 k €	+2.3%	128,5 k €	-54.1%	280 k €	+953%	26,6 k €	+197%	8,9 k €	-88.8%	79,8 k €	-38.5%	129,8 k €	+122%	58,4 k €	+78.7%	32,7 k €	-34.8%	50,1 k €	-15.3%	59,1 k €	-20.7%	74,5 k €	-19.6%	92,6 k €	+22.0%	75,9 k €	+59.7%	47,5 k €
Debts	1,1 M €	+15.2%	996,5 k €	-40.2%	1,7 M €	+91.8%	869,2 k €	-16.3%	1 M €	-3.5%	1,1 M €	+45.4%	740,4 k €	+15.1%	643,2 k €	+8.6%	592,5 k €	+370%	126,1 k €	-8.2%	137,3 k €	-20.8%	173,3 k €	-18.8%	213,5 k €	+8.6%	196,6 k €	-17.5%	238,3 k €	+17.2%	203,3 k €	-31.0%	294,7 k €	-12.7%	337,5 k €
Other
Workforce	7,2 ETP	0.0%	7,2 ETP	+5.9%	6,8 ETP	-2.9%	7,0 ETP	+16.7%	6,0 ETP	+3.4%	5,8 ETP	-4.9%	6,1 ETP	-7.6%	6,6 ETP	+11.9%	5,9 ETP	+1.7%	5,8 ETP	0.0%	5,8 ETP	+3.6%	5,6 ETP	+21.7%	4,6 ETP	-8.0%	5,0 ETP	+2.0%	4,9 ETP	+6.5%	4,6 ETP	+31.4%	3,5 ETP	-7.9%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Bertrand Bril

Director

Active

BRIL

Director · 0604.972.370

Represented by Pieter Bril

Active

Ended mandates

Bertrand Bril

Director · since 01 janvier 2020

Ended

Maarten Bril

Director · since 01 janvier 2020

Ended

BRIL

Director · since 31 mars 2015 · 0604.972.370

Represented by Pieter Bril

Ended

BRIL

Manager · since 31 mars 2015 · 0604.972.370

Represented by Pieter Bril

Ended

At this address

Other companies at this address

Company	CBE no.
BRIL● Active	0604.972.370

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/09/2026	26/06/2025	29/07/2024	09/05/2023	23/06/2022	01/07/2021
General meeting	31/07/2026	30/05/2025	30/06/2024	07/04/2023	31/05/2022	22/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	01/09/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	26/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/04/2023	09/05/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	11/12/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	13/05/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	14/05/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	31/03/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	26/05/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	14/05/2011	23/05/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	17/08/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/05/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Bertrand Bril

Director

Active

BRIL

Director · 0604.972.370

Represented by Pieter Bril

Active

Ended mandates

Bertrand Bril

Director · since 01 janvier 2020

Ended

Maarten Bril

Director · since 01 janvier 2020

Ended

BRIL

Director · since 31 mars 2015 · 0604.972.370

Represented by Pieter Bril

Ended

BRIL

Manager · since 31 mars 2015 · 0604.972.370

Represented by Pieter Bril

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates11/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/05/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025282,1 k €↑
2024
Annual accounts 202462,8 k €↑
2023
Annual accounts 20232,6 k €↓
2022
Annual accounts 202277 k €↓
2021
Annual accounts 202188,5 k €↑
2018
Annual accounts 201817,4 k €↑
2017
Annual accounts 2017-30,6 k €↓
2016
Annual accounts 201636,8 k €↑
2015
Annual accounts 201529,8 k €↓
2014
Annual accounts 201491 k €↑
2013
Annual accounts 201338 k €↓
2012
Annual accounts 201254,3 k €↑
2011
Annual accounts 201128,3 k €↓
2010
Annual accounts 201039,8 k €↑
2009
Annual accounts 200932,7 k €↓
2008
Annual accounts 200842,3 k €↓
2007
Annual accounts 200766,3 k €↑
2006
Annual accounts 200631,2 k €
29/12/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GILL AVIATION

Overview

What does GILL AVIATION do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline