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GELUWI

Active
Public limited companyfounded 1989active for 37 yearsAllemanshofstraat(BOR) 11, 2880 Bornem, BelgiumKBO/BCE: BE 0438.676.956
Summary

GELUWI has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €229,318 and a net result of -€5,052. Equity is shrinking by about 3.1% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€316,469total assets 2025
Equity
€229,318
Loss
-€5,052
Turnover not published (abbreviated or micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 3 days early1 of 8 deeds read
Why 93raises riskLoss of €5,052 (financial year 2025)lowers riskSize: total assets €316,469Equity €229,318 (72.5% of total assets)Founded in 1989Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 97+15
equity 72.5% of total assets
Liquidity 63+18
short-term debt 0.9% · cash 10.5%
Profitability 34-39
return on assets -1.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.4 percentage points vs 04-2025highest value 06-2025: 0.1%▼ -0.6 percentage points vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity ample (current ratio 54.35, compared with 4.44 in 2024, above the usual 1.5; short-term debt: 0.9% and cash: 10.5% of total assets), and 27.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 61% on solvency, 60% on liquidity, 23% on profitability and 37% on growth.

The bankruptcy probability was computed on 19-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €316,469
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €5,052 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €229,318 (72.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
7 days late
2023
5 days early
2022
24 days late
2021
30 days early
2020
88 days late
2018
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end20-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Liquidity more than 12 timescurrent ratio 54.35
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: From profit to loss in 2025after €57,672 in 2024 -€5,052 View
  • Active since 1989founded 19-10-1989 37 years View
  • Total assets 20256 financial years filed €316,469 View

By topic

Financials

Financial year
2025
Total assets
€316,469
Loss
-€5,052
Solvency
72.5%
Total assets▼ 23.1%
Net result
20202025
Go to Financials

Timeline

Events
39
Since
1991
Next accounts
by 30-04-2027
  1. 30-09-2024Back to profit
  2. 30-09-2024Liquidity more than 13 times
  3. 30-09-2024Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
19-10-1989
Year ends
30-09
Peppol
Not found in the Peppol directory
Go to Company details

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