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GILANCE 2.0

Active
Private limited companyfounded 2024active for 2 yearsRue du Progrès 4, 1400 Nivelles, BelgiumKBO/BCE: BE 1014.848.345
Summary

GILANCE 2.0 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172,176 and a net result of €61,657. Its solvency ranks better than 26% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 09-10-2024 Normal situation
Activity
Retail trade NACE 47722and 3 others
Establishment units
2.365.764.375 1410 Waterloo, since 18-10-2024
2.365.764.474 7000 Mons, since 18-10-2024and 9 others
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Board
  • HAPPYLOUDirector · permanent representative Jean-Bernard Henri Léopold Ghislain LECOCQ

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
€1.9m
▲ 372%
Turnover
≈ €4.8m
estimated
Profit
€61,657
▼ 29.4%
Equity
€172,176
▲ 90.6%
Total assets
€3.0m
▲ 52.8%
Employees on 31-12-2025
28
▼ 26.3%
Score breakdownraises riskFounded in 20241 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 20-05-2026)Size: total assets €3.0mShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 41% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 31+1
equity 5.7% of total assets
Liquidity 33-32
short-term debt 51.9% · cash 7.0%
Profitability 35-37
return on assets 2.0%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 11-2025: 1.0%lowest value 12-2025: 1.0%● unchanged vs 11-2025lowest value 01-2026: 1.0%● unchanged vs 12-2025lowest value 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.3%▲ +0.3 percentage points vs 03-2026 05-2026: 1.8%▲ +0.5 percentage points vs 04-2026highest value 06-2026: 1.3%▼ -0.5 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 1.4%▲ +0.1 percentage points vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
Credit of up to €11,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is tight, with a current ratio of 1.42 (1.87 in 2024), below the usual 1.5. Short-term debt is 51.9% and cash 7% of total assets. 94.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 17% of them on solvency, 34% on liquidity, 20% on profitability and 94% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 20-05-2026)
NBB · annual accounts
lowers risk · Size: total assets €3.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
72 days early
2024
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 22 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Equity rose in 2025from €90,320 to €172,176 ▲ 90.6% View
  • Positive: Higher net result than 91% of companies in retail tradesector median €5,083 · 22,756 companies €61,657 View

Recent changes

  1. · Gazette deed Registered office moved within NivellesNew seat: rue du Progrès, 4 bte 10, 1400 Nivelles · Previous seat: rue du Progrès 4, 1400 Nivelles, Belgique · Permanent representative: LECOCQ Jean-Bernard
  2. · Gazette deed Capital & shares · Miscellaneous
  3. · Gazette deed IncorporationStarting capital €3,000 · Appointment: HAPPYLOU (director) · Permanent representative: Jean-Bernard Henri Léopold Ghislain LECOCQ
All 6 events

Comparable companies

These companies have the same main activity as GILANCE 2.0: retail trade (NACE 47722). They are comparable in size and age: total assets between €822,000 and €3.1m, founded between 2017 and 2024.

CompanyTotal assetsGross margin
GILANCE 2.0 Nivelles€3.0m€1.9m
Rimowa Belgium Brussel€1.1m-
LIMAVI Elsene€1.1m€0.5m
EL TURO Gent€3.1m€0.2m
EXCESS BAGGAGE COMPANY ZAVENTEM Brussel€0.8m€1.0m
KAAI Antwerpen€1.8m€1.1m
WOLF QUALITY & LUXURY Nieuwpoort€1.3m€0.2m
Full comparison

Key facts about GILANCE 2.0

What is the company number of GILANCE 2.0?
The company number of GILANCE 2.0 is 1014.848.345. The VAT number is the same number with BE in front: BE 1014.848.345.
Where is GILANCE 2.0 based?
The registered office is at Rue du Progrès 4, 1400 Nivelles.Company details
What does GILANCE 2.0 do?
According to the KBO register, the main activity is retail trade (NACE 47722).
What is the legal form of GILANCE 2.0?
The legal form of GILANCE 2.0 is Private limited company (BV).
When was GILANCE 2.0 founded?
GILANCE 2.0 was founded on 09-10-2024.
Is GILANCE 2.0 still active?
Yes, GILANCE 2.0 is an active enterprise in the KBO register.
How many employees does GILANCE 2.0 have?
GILANCE 2.0 had an average of 33.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GILANCE 2.0?
The turnover in financial year 2025 is ≈ €4.8m. This figure is estimated from the gross margin of €1.9m and 32 comparable companies (NACE 477). It probably lies between €3.7m and €7.0m.
Is GILANCE 2.0 profitable?
In financial year 2025, GILANCE 2.0 made a profit of €61,657.
Where can I find the annual accounts of GILANCE 2.0?
GILANCE 2.0 filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GILANCE 2.0 due?
GILANCE 2.0 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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