ACTIVE

GILCO

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Financial year 2025 · closed on 31/12/2025

Net result

326,9 k €

+39.2% YoY

Gross margin

534,1 k €

+42.6% YoY

Equity

1,1 M €

-22.5% YoY

What does GILCO do?

GILCO is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Oud-Heverlee.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.449.161

Incorporation

16/02/2004

Legal form

Private limited company

Registered office

Boslaan 12
3050 Oud-Heverlee · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	534,1 k €	+42.6%	374,7 k €	+26.3%	296,5 k €	-18.4%	363,2 k €	+126%	160,7 k €	-8.2%	175,1 k €	-29.8%	249,3 k €	+9.8%	227 k €	+4.4%	217,5 k €	-6.3%	232,1 k €	+14.1%	203,4 k €	+35.7%	149,9 k €	-12.0%	170,4 k €	+9.2%	156,1 k €	+0.7%	155 k €	+38.2%	112,1 k €	+47.9%	75,8 k €	-49.0%	148,5 k €	-8.7%	162,7 k €	+30.1%	125,1 k €
EBITDA	486 k €	+31.4%	369,8 k €	+26.8%	291,7 k €	-18.1%	356,1 k €	+140%	148,1 k €	-12.8%	169,9 k €	-29.9%	242,4 k €	+8.7%	223 k €	+4.5%	213,4 k €	-6.4%	228 k €	+13.7%	200,5 k €	+37.3%	146,1 k €	-11.4%	164,9 k €	+7.7%	153 k €	+3.7%	147,6 k €	+40.6%	105 k €	+52.8%	68,7 k €	-51.5%	141,7 k €	-8.7%	155,3 k €	+28.0%	121,3 k €
Operating result	459,2 k €	+41.4%	324,9 k €	+26.3%	257,2 k €	-21.4%	327,3 k €	+188%	113,5 k €	-15.5%	134,3 k €	-34.2%	204 k €	+4.9%	194,6 k €	+5.6%	184,3 k €	-9.5%	203,7 k €	+15.3%	176,7 k €	+46.5%	120,6 k €	-13.8%	140 k €	+9.8%	127,5 k €	+4.9%	121,5 k €	+55.8%	78 k €	+77.3%	44 k €	-64.2%	122,7 k €	-10.9%	137,7 k €	+33.1%	103,4 k €
Net result	326,9 k €	+39.2%	235 k €	+30.4%	180,2 k €	-20.0%	225,4 k €	+177%	81,3 k €	-13.8%	94,3 k €	-32.8%	140,3 k €	+6.8%	131,4 k €	+19.2%	110,2 k €	-5.9%	117,1 k €	+17.1%	100 k €	+24.3%	80,4 k €	-14.3%	93,9 k €	+10.5%	85 k €	+5.2%	80,8 k €	+49.0%	54,3 k €	+73.6%	31,2 k €	-60.3%	78,7 k €	-13.2%	90,6 k €	+34.7%	67,3 k €
Balance sheet
Equity	1,1 M €	-22.5%	1,4 M €	-5.7%	1,5 M €	+14.2%	1,3 M €	+21.5%	1 M €	+8.4%	966,2 k €	+10.8%	871,9 k €	+19.2%	731,6 k €	+21.9%	600,2 k €	+22.5%	490 k €	+31.4%	372,9 k €	+33.7%	278,9 k €	+2.0%	273,5 k €	+52.3%	179,6 k €	+89.8%	94,6 k €	-69.8%	313,8 k €	+20.9%	259,5 k €	+13.7%	228,3 k €	-16.9%	274,6 k €	+49.3%	184 k €
Total assets	1,1 M €	-24.2%	1,5 M €	-5.0%	1,6 M €	+16.4%	1,4 M €	+21.6%	1,1 M €	+5.1%	1,1 M €	+11.0%	956,4 k €	+15.4%	828,9 k €	+12.1%	739,7 k €	+22.4%	604,4 k €	+26.6%	477,3 k €	+17.6%	405,7 k €	-2.3%	415,2 k €	-0.5%	417,4 k €	+2.7%	406,6 k €	-15.0%	478,1 k €	+8.1%	442,2 k €	-0.6%	445 k €	-5.9%	472,8 k €	+4.2%	453,8 k €
Cash	822,3 k €	+188%	285,5 k €	-69.9%	948,9 k €	-25.4%	1,3 M €	+30.4%	975,9 k €	+6.5%	916,4 k €	+27.7%	717,7 k €	+19.9%	598,8 k €	+23.5%	484,8 k €	+36.5%	355,2 k €	+67.6%	212 k €	+79.5%	118,1 k €	+12.1%	105,3 k €	+27.5%	82,6 k €	+149%	33,2 k €	-53.0%	70,7 k €	+22.1%	57,9 k €	-43.0%	101,7 k €	-23.2%	132,5 k €	+34.7%	98,4 k €
Debts	29,7 k €	-65.2%	85,3 k €	+9.7%	77,8 k €	+95.8%	39,7 k €	+64.9%	24,1 k €	-52.9%	51,2 k €	+25.7%	40,7 k €	-24.1%	53,6 k €	-41.7%	92 k €	+34.2%	68,5 k €	+17.1%	58,5 k €	-26.3%	79,4 k €	-15.6%	94 k €	-50.5%	189,9 k €	-28.1%	264,1 k €	+119%	120,4 k €	-14.8%	141,4 k €	-22.6%	182,7 k €	+8.1%	169 k €	-30.8%	244,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Bart Gille

Director · since 02 février 2004

Active

Ended mandates

BART GILLE

Director

Ended

BART GILLE

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	30/07/2026	12/08/2025	29/08/2024	30/08/2023	24/08/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	14/06/2022	14/06/2021
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
Micro model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	12/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	29/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	23/09/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	14/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	14/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	14/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	02/08/2010	Dutch	PDF
Abridged model	31/12/2008	14/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 1 active · 2 ended

Active mandates

Bart Gille

Director · since 02 février 2004

Active

Ended mandates

BART GILLE

Director

Ended

BART GILLE

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/06/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other23/02/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025326,9 k €↑
2024
Annual accounts 2024235 k €↑
2023
Annual accounts 2023180,2 k €↓
2022
Annual accounts 2022225,4 k €↑
2021
Annual accounts 202181,3 k €↓
2020
Annual accounts 202094,3 k €↓
2019
Annual accounts 2019140,3 k €↑
2018
Annual accounts 2018131,4 k €↑
2017
Annual accounts 2017110,2 k €↓
2016
Annual accounts 2016117,1 k €↑
2015
Annual accounts 2015100 k €↑
2014
Annual accounts 201480,4 k €↓
2013
Annual accounts 201393,9 k €↑
2012
Annual accounts 201285 k €↑
2011
Annual accounts 201180,8 k €↑
2010
Annual accounts 201054,3 k €↑
2009
Annual accounts 200931,2 k €↓
2008
Annual accounts 200878,7 k €↓
2007
Annual accounts 200790,6 k €↑
2006
Annual accounts 200667,3 k €
16/02/2004
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

GILCO

Overview

What does GILCO do?

Trend over 20 financial years

Indicative valuation

Board of directors

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