GUDRUN IMMO

Active

Public limited companyfounded 196759 yrs activeIndustriestraat 18, 2500 Lier, BelgiumKBO/BCE: BE 0404.023.806

Summary

GUDRUN IMMO has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €242,923. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysis Watch Report Compare

GUDRUN IMMOActiveChecked score 71/100

Risk analysis Report Compare

Checked score

Score 2025

71 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability63▲+6

Solvency62▲+6

Growth50▲+8

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €80,000 at 30 days acceptable

Liquidity short (current ratio 0.04 against 5.87 in 2024; short-term debt: 5.2% and cash: 0.2% of total assets), and 62.7% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

37.3%

Return on assets

2.8%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

18 d early

2024

20 d early

2024

33 d early

2023

6 d early

2022

14 d early

2021

13 d early

2020

42 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

GUDRUN IMMO was incorporated on 4 March 1967.¹ The name was changed to GUDRUN IMMO in 2010.² The board currently has 4 members; CARLOS HERMAN has served longest, since 2016.³ Revenue grew from EUR 647,865 in 2019 to EUR 814,378 in 2025.⁴

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

In the rankings #2 oldest company in Lier, Real estate sector #7 company by total assets in Lier, Real estate sector #10 company by equity in Lier, Real estate sector

Turnover

€814,378▲ 53.2%

2024 · €531,713

EBIT margin

74.8%▲ 2.9pp

2024 · 71.8%

Net result

€242,923▲ 2.9%

2024 · €236,024

Working capital

-€441,253

2024 · €741,255

Result per fiscal year

Operating resultNet result

Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €8.8m

99.8%

Fixed assets €8.8m ▼ 2.0%

Current assets €16,599 ▼ 98.1%

Equity and liabilities €8.8m

37.3%

62.7%

Equity €3.3m ▲ 8.0%

Debt €5.5m ▼ 19.1%

Debt's share of the balance-sheet total falls from 69.2% to 62.7%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€785,970▲

2024 · €507,419

Cash flow

€420,127▲

2024 · €361,455

Debt to equity

1.68▼

2024 · 2.24

ROE

7.4%▼

2024 · 7.8%

Interest coverage

2.62▲

2024 · 1.64

Debt ≤ 1 year

€457,852▲

2024 · €152,216

Debt > 1 year

€5.0m▼

2024 · €6.6m

Income taxes

€74,131▼

2024 · €94,005

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines

Balance sheet Code20242025

Assets

Total assets20/58€9.8m€8.8m▼

Fixed assets21/28€8.9m€8.8m▼

Tangible fixed assets22/27€1.5m€1.3m▼

Land and buildings22€1.4m€1.2m▼

Plant, machinery and equipment23€24,083€21,132▼

Furniture and vehicles24€20,074€17,003▼

Financial fixed assets28€7.5m€7.5m=

Affiliated companies280/1€7.5m€7.5m=

Participating interests280€7.5m€7.5m=

Other financial fixed assets284/8€105€105=

Amounts receivable and cash guarantees285/8€105€105=

Current assets29/58€893,471€16,599▼

Amounts receivable within one year40/41€866,043€149▼

Other amounts receivable41€866,043€149▼

Cash at bank and in hand54/58€27,428€16,450▼

Equity and liabilities

Total equity and liabilities10/49€9.8m€8.8m▼

Equity10/15€3.0m€3.3m▲

Contributions10/11€80,000€80,000=

Capital10€80,000€80,000=

Issued capital100€80,000€80,000=

Reserves13€170,090€170,090=

Non-distributable reserves130/1€150,000€150,000=

Legal reserve130€150,000€150,000=

Tax-exempt reserves132€20,090€20,090=

Profit (loss) carried forward14€2.8m€3.0m▲

Amounts payable17/49€6.8m€5.5m▼

Amounts payable after more than one year17€6.6m€5.0m▼

Financial debts170/4€6.6m€5.0m▼

Credit institutions173€5.0m€5.0m=

Other loans174€1.6m-

Amounts payable within one year42/48€152,216€457,852▲

Trade debts44€62,283€37,598▼

Suppliers440/4€62,283€37,598▼

Taxes, remuneration and social security45€89,933€79,264▼

Taxes450/3€89,933€79,264▼

Other amounts payable47/48-€340,990

Accrued charges and deferred income492/3€91,337€42,920▼

Income statement Code20242025

Operating income70/76A€571,550€876,030▲

Turnover70€531,713€814,378▲

Other operating income74€39,837€61,652▲

Operating charges60/66A€189,562€267,264▲

Services and other goods61€22,055€27,155▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125,431€177,204▲

Other operating charges640/8€41,053€62,905▲

Non-recurring operating charges66A€1,022-

Operating profit (loss)9901€381,988€608,766▲

Financial income75/76B€310,618€10,456▼

Recurring financial income75€51,618€10,456▼

Income from current assets751€51,618-

Other financial income752/9-€10,456

Non-recurring financial income76B€259,000-

Financial charges65/66B€362,577€302,167▼

Recurring financial charges65€309,577€302,167▼

Debt charges650€308,936€300,527▼

Other financial charges652/9€640€1,640▲

Non-recurring financial charges66B€53,000-

Profit (loss) for the period before taxes9903€330,029€317,055▼

Income taxes67/77€94,005€74,131▼

Taxes670/3€94,005€79,264▼

Tax adjustments and reversals of tax provisions77-€5,132

Profit (loss) for the period9904€236,024€242,923▲

Profit (loss) for the period to be appropriated9905€236,024€242,923▲

Appropriation of the result

Profit (loss) to be appropriated9906€2.8m€3.0m▲

Profit (loss) brought forward from the previous period14P€2.5m€2.8m▲

The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2022	2023	2024	2024	2025	Change
Operating income70/76A	€749,395	€774,294	€983,764	€571,550	€876,030	▲ 53.3%
Turnover70	€669,294	€720,724	€773,658	€531,713	€814,378	▲ 53.2%
Other operating income74	€80,101	€53,570	€60,106	€39,837	€61,652	▲ 54.8%
Non-recurring operating income76A	-	-	€150,000	-	-	-
Operating charges60/66A	€282,407	€281,181	€439,006	€189,562	€267,264	▲ 41.0%
Services and other goods61	€41,318	€47,884	€30,927	€22,055	€27,155	▲ 23.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€175,461	€180,207	€185,980	€125,431	€177,204	▲ 41.3%
Other operating charges640/8	€65,628	€53,091	€57,976	€41,053	€62,905	▲ 53.2%
Non-recurring operating charges66A	-	-	€164,123	€1,022	-	-
Operating profit (loss)9901	€466,988	€493,113	€544,758	€381,988	€608,766	▲ 59.4%
Financial income75/76B	€41,586	€149,444	€280,689	€310,618	€10,456	▼ 96.6%
Recurring financial income75	€41,586	€149,444	€280,689	€51,618	€10,456	▼ 79.7%
Income from current assets751	€41,586	€149,444	€280,689	€51,618	-	-
Other financial income752/9	-	-	-	-	€10,456	-
Non-recurring financial income76B	-	-	-	€259,000	-	-
Financial charges65/66B	€234,718	€297,920	€463,697	€362,577	€302,167	▼ 16.7%
Recurring financial charges65	€234,718	€297,920	€463,697	€309,577	€302,167	▼ 2.4%
Debt charges650	€233,536	€296,799	€462,692	€308,936	€300,527	▼ 2.7%
Other financial charges652/9	€1,182	€1,121	€1,005	€640	€1,640	▲ 156%
Non-recurring financial charges66B	-	-	-	€53,000	-	-
Profit (loss) for the period before taxes9903	€273,855	€344,637	€361,751	€330,029	€317,055	▼ 3.9%
Income taxes67/77	€58,136	€57,423	€89,968	€94,005	€74,131	▼ 21.1%
Taxes670/3	€58,136	€57,423	€89,968	€94,005	€79,264	▼ 15.7%
Tax adjustments and reversals of tax provisions77	-	-	-	-	€5,132	-
Profit (loss) for the period9904	€215,719	€287,214	€271,782	€236,024	€242,923	▲ 2.9%
Profit (loss) for the period to be appropriated9905	€215,719	€287,214	€271,782	€236,024	€242,923	▲ 2.9%

Line	2022	2023	2024	2024	2025	Change
Assets
Total assets20/58	€8.9m	€9.2m	€9.5m	€9.8m	€8.8m	▼ 10.7%
Fixed assets21/28	€6.7m	€6.7m	€9.1m	€8.9m	€8.8m	▼ 2.0%
Tangible fixed assets22/27	€1.8m	€1.8m	€1.6m	€1.5m	€1.3m	▼ 12.1%
Land and buildings22	€1.8m	€1.7m	€1.5m	€1.4m	€1.2m	▼ 12.1%
Plant, machinery and equipment23	-	€29,000	€26,050	€24,083	€21,132	▼ 12.3%
Furniture and vehicles24	€20,814	€17,958	€22,122	€20,074	€17,003	▼ 15.3%
Financial fixed assets28	€4.9m	€4.9m	€7.5m	€7.5m	€7.5m	=
Affiliated companies280/1	€4.9m	€4.9m	€7.5m	€7.5m	€7.5m	=
Participating interests280	€4.9m	€4.9m	€7.5m	€7.5m	€7.5m	=
Other financial fixed assets284/8	€105	€105	€105	€105	€105	=
Amounts receivable and cash guarantees285/8	€105	€105	€105	€105	€105	=
Current assets29/58	€2.2m	€2.5m	€390,416	€893,471	€16,599	▼ 98.1%
Amounts receivable within one year40/41	€2.2m	€2.4m	€342,455	€866,043	€149	▼ 100.0%
Trade receivables40	€20,000	€20,000	€342,358	-	-	-
Other amounts receivable41	€2.1m	€2.4m	€97	€866,043	€149	▼ 100.0%
Cash at bank and in hand54/58	€39,705	€48,596	€47,961	€27,428	€16,450	▼ 40.0%
Deferred charges and accrued income490/1	-	€665	-	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€8.9m	€9.2m	€9.5m	€9.8m	€8.8m	▼ 10.7%
Equity10/15	€2.2m	€2.5m	€2.8m	€3.0m	€3.3m	▲ 8.0%
Contributions10/11	€80,000	€80,000	€80,000	€80,000	€80,000	=
Capital10	€80,000	€80,000	€80,000	€80,000	€80,000	=
Issued capital100	€80,000	€80,000	€80,000	€80,000	€80,000	=
Reserves13	€170,090	€170,090	€170,090	€170,090	€170,090	=
Non-distributable reserves130/1	€150,000	€150,000	€150,000	€150,000	€150,000	=
Legal reserve130	€150,000	€150,000	€150,000	€150,000	€150,000	=
Tax-exempt reserves132	€20,090	€20,090	€20,090	€20,090	€20,090	=
Profit (loss) carried forward14	€2.0m	€2.3m	€2.5m	€2.8m	€3.0m	▲ 8.7%
Amounts payable17/49	€6.7m	€6.7m	€6.7m	€6.8m	€5.5m	▼ 19.1%
Amounts payable after more than one year17	€6.5m	€6.5m	€6.5m	€6.6m	€5.0m	▼ 23.7%
Financial debts170/4	€6.5m	€6.5m	€6.5m	€6.6m	€5.0m	▼ 23.7%
Credit institutions173	€6.5m	€6.5m	€6.5m	€5.0m	€5.0m	=
Other loans174	-	-	-	€1.6m	-	-
Amounts payable within one year42/48	€158,089	€121,622	€113,259	€152,216	€457,852	▲ 201%
Trade debts44	€99,679	€64,199	€23,450	€62,283	€37,598	▼ 39.6%
Suppliers440/4	€99,679	€64,199	€23,450	€62,283	€37,598	▼ 39.6%
Taxes, remuneration and social security45	€58,136	€57,423	€89,809	€89,933	€79,264	▼ 11.9%
Taxes450/3	€58,136	€57,423	€89,809	€89,933	€79,264	▼ 11.9%
Other amounts payable47/48	€274	-	-	-	€340,990	-
Accrued charges and deferred income492/3	€17,929	€34,206	€42,912	€91,337	€42,920	▼ 53.0%

Line	2022	2023	2024	2024	2025	Change
Profit (loss) for the period9904	€215,719	€287,214	€271,782	€236,024	€242,923	▲ 2.9%
+ Depreciation and write-downs630	€175,461	€180,207	€185,980	€125,431	€177,204	▲ 41.3%
Operating cash flow (approximation)	€391,181	€467,422	€457,762	€361,455	€420,127	▲ 16.2%
Investment in fixed assets (approximation)	-	-€153,896	-€2.6m	-	€0	-
Change in cash	-	€8,891	-€635	-	-€10,978	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 40Financial 4Gazette 26Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

13-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

17-11

State Gazette act Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)

Permanent representative: Ömer Turna3 facts ▸

General meeting, 02-10-2025
Auditor appointment, Ernst en Young Bedrijfsrevisoren (statutory auditor)
Permanent representative, Ömer Turna

05-11

State Gazette act Capital & shares

Statutes amendment2 facts ▸

General meeting, 15-10-2025
Statutes amendment

11-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

12-06

State Gazette act Resignation: De Lathouwer Sofie BV (director and managing director)

Permanent representative: Sofie De Lathouwer3 facts ▸

General meeting, 12-03-2025
Director resignation, De Lathouwer Sofie BV (director and managing director)
Permanent representative, Sofie De Lathouwer

01-04

State Gazette act Resignation: Gabriel Cravero (director)

Appointment: Armando Santacesaria (director) · Mandate compensation4 facts ▸

General meeting, 09-01-2025
Director resignation, Gabriel Cravero (director)
Director appointment, Armando Santacesaria (director)
Mandate compensation, Armando Santacesaria

2024

29-11

State Gazette act Statutes amendment

3 facts ▸

General meeting, 23-11-2024
Statutes amendment
Statutes amendment

13-11

State Gazette act Resignations: CARLOS HERMAN BV (director) and Grimhild NV (director)

Appointments: Jacques Abeille (director) and Gabriel Cravero (director) · Power of attorney · Mandate end condition14 facts ▸

General meeting, 18-10-2024
Director resignation, CARLOS HERMAN BV (director)
Director resignation, Grimhild NV (director)
Director appointment, Jacques Abeille (director)
Director appointment, Gabriel Cravero (director)
Board composition, De Lathouwer Sofie BV (director)
Board composition, Jacques Abeille (director)
Board composition, Gabriel Cravero (director)
Power of attorney, Pieter-Jan Bols
Power of attorney, Harold Lenfant
Power of attorney, Lukas Segers
Power of attorney, Maurits Arnauw
+2 further facts in this act

28-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2023

24-11

NBB filing Annual accounts filed

fiscal year 2023 · full schema

02-06

State Gazette act Reappointment: Carlos Herman BV (director)

Resignation: Ductus Management BV (director) · Appointments: De Lathouwer Sofie BV (director) and Moore Audit BV (statutory auditor) · Permanent representative: Dirk Willems13 facts ▸

General meeting, 13-10-2021
Director reappointment, Carlos Herman BV (director)
Mandate compensation, Carlos Herman BV
Director resignation, Ductus Management BV (director)
Director appointment, De Lathouwer Sofie BV (director)
Mandate compensation, De Lathouwer Sofie BV
Board meeting, 13-10-2021
Director appointment, De Lathouwer Sofie BV (managing director)
Representation restriction, Individuele vertegenwoordigingsbevoegdheid van De Lathouwer Sofie BV als gedelegeerd bestuurder ingeperkt: voorafgaandelijke beslissing van de raad van bestuur…
General meeting, 31-10-2022
Auditor appointment, Moore Audit BV (statutory auditor)
Permanent representative, Dirk Willems
+1 further facts in this act

30-04

Financial Highest result since 2019net €287,214 ▲33.1%

Net result €287,214, the highest in the series.

Show earlier events

2022

16-11

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2021

17-11

NBB filing Annual accounts filed

fiscal year 2021 · full schema

30-04

Financial Weakest financial yearnet €166,198 ▼35.4%

Net result drops to €166,198, the lowest in the series; recovery starts the following year.

30-04

Financial Liquidity doublescurrent ratio 16.89

Current ratio from 7.97 to 16.89; short-term debt falls from €208,341 to €108,841.

30-04

Financial Equity above €2mEq €2.0m ▲9%

3 profitable years in a row build equity to €2.0m.

2020

19-10

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2019

11-12

State Gazette act Resignation: Wall & Waltz (director)

Appointments: Ductus Management BV (director) and Moore Audit BV (statutory auditor) · Permanent representatives: Johan Van Mieghem and Dirk Willems · Mandate compensation10 facts ▸

General meeting, 31-10-2019
Director resignation, Wall & Waltz (director)
Director appointment, Ductus Management BV (director)
Mandate compensation, Ductus Management BV
Auditor appointment, Moore Audit BV
Permanent representative, Johan Van Mieghem
Permanent representative, Dirk Willems
Board meeting, 31-10-2019
Director appointment, Ductus Management BV (managing director)
Representation restriction, individuele vertegenwoordigingsbevoegdheid, voorafgaandelijke beslissing van de raad van bestuur of vertegenwoordiging door twee bestuurders

21-11

NBB filing Annual accounts filed

fiscal year 2019 · full schema

15-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 166 days late

2018

14-02

State Gazette act Algemene Vergadering - Boekjaar

Statutes amendment3 facts ▸

General meeting, 24-01-2018
Statutes amendment
Statutes amendment

2017

25-10

NBB filing Annual accounts filed

fiscal year 2017 · full schema

18-09

State Gazette act Resignation: VGD Bedrijfsrevisoren Burg. CVBA (statutory auditor)

Appointment: Moore Stephens Audit BV CVBA (statutory auditor) · Permanent representative: Peter Verschelden4 facts ▸

General meeting, 20-12-2016
Director resignation, VGD Bedrijfsrevisoren Burg. CVBA (statutory auditor)
Auditor appointment, Moore Stephens Audit BV CVBA (statutory auditor)
Permanent representative, Peter Verschelden

2016

02-12

State Gazette act Appointment: Carlos Herman BVBA (director)

Permanent representative: Carlos Herman3 facts ▸

General meeting, 28-10-2016
Director appointment, Carlos Herman BVBA (director)
Permanent representative, Carlos Herman

05-07

State Gazette act Reappointment: VGD Bedrijfsrevisoren (statutory auditor)

Permanent representatives: Maarten Lindemans and Eddy Walraevens · Mandate term5 facts ▸

General meeting, 25-06-2015
Auditor reappointment, VGD Bedrijfsrevisoren (statutory auditor)
Permanent representative, Maarten Lindemans
Mandate term, 3 jaar, hetzij tot aan de jaarvergadering te houden in 2018
Permanent representative, Eddy Walraevens

20-05

State Gazette act Capital & shares

Capital · Capital decrease · Statutes amendment6 facts ▸

General meeting, 20-04-2016
Capital, €1.500.000
Capital decrease, €1.420.000
Statutes amendment
Power of attorney, Raad van bestuur
Share structure, 9475, EUR

15-01

State Gazette act Resignation: Carlos Herman BVBA (director)

Appointment: Grimhild NV (director) · Power of attorney5 facts ▸

General meeting, 23-12-2015
Director resignation, Carlos Herman BVBA (director)
Director appointment, Grimhild NV (director)
Board meeting, 23-12-2015
Power of attorney, Wall & Waltz BVBA

2014

25-02

State Gazette act Reappointments: Wall & Waltz BVBA (director) and Carlos Herman BVBA (director)

Permanent representatives: Eddy Walraevens and Carlos Herman5 facts ▸

General meeting, 30-09-2013
Director reappointment, Wall & Waltz BVBA (director)
Director reappointment, Carlos Herman BVBA (director)
Permanent representative, Eddy Walraevens
Permanent representative, Carlos Herman

2012

14-12

State Gazette act Statutes amendment · Miscellaneous

Capital3 facts ▸

General meeting, 18-05-2010
Capital, €1.020.000
Statutes amendment

16-11

State Gazette act Resignation: André Swenden (director)

Appointment: VGD Bedrijfsrevisoren cvba (statutory auditor)3 facts ▸

General meeting, 12-09-2012
Director resignation, André Swenden (director)
Auditor appointment, VGD Bedrijfsrevisoren cvba (statutory auditor)

2010

14-06

State Gazette act Statutes amendment

Name change · Capital · Power of attorney6 facts ▸

General meeting, 18-05-2010
Name change, GUDRUN IMMO
Statutes amendment
Capital, €1.020.000
Power of attorney, raad van bestuur
Authorised capital, 2500000, EUR

26-02

State Gazette act Restructuring

Permanent representatives: Eddy Walraevens and Carlos Heman · Merger3 facts ▸

Merger, gemengde overdracht, inbreng van een bedrijfstak en mits betaling van een opleg in geld
Permanent representative, Eddy Walraevens
Permanent representative, Carlos Heman

26-02

State Gazette act Restructuring

Business division transfer1 fact ▸

Business division transfer, overdracht onder bezwarende titel van een bedrijfstak

2009

31-12

State Gazette act Statutes amendment · Resignations & appointments

Power of attorney6 facts ▸

General meeting, 21-12-2009
Statutes amendment
Statutes amendment
Statutes amendment
Power of attorney, Yves De Deken
Power of attorney, Benoît De Cleene

28-12

State Gazette act Reappointment: BVBA De Mol, Meuldermans & Partners (statutory auditor)

Permanent representatives: Johan De Mol and Eddy Walraevens4 facts ▸

General meeting, 03-06-2009
Auditor reappointment, BVBA De Mol, Meuldermans & Partners
Permanent representative, Johan De Mol
Permanent representative, Eddy Walraevens

09-06

State Gazette act Capital & shares

Capital · Share issue · Bank account7 facts ▸

Board meeting, 22-04-2009
Capital, €1.500.000
Share issue, volledig volgestort, 1425
Bank account, KBC Bank
Statutes amendment
Power of attorney, Jeannine Cuyckens
Capital operation, 1500000

2008

31-12

State Gazette act Reappointments: Eric Swenden (bestuurder en voorzitter raad van bestuur) and André Swenden (director)

Permanent representative: BVBA Wall & Waltz4 facts ▸

General meeting, 14-05-2008
Director reappointment, Eric Swenden (bestuurder en voorzitter raad van bestuur)
Director reappointment, André Swenden (director)
Permanent representative, BVBA Wall & Waltz

2006

24-07

State Gazette act Reappointment: De Mol, Meuldermans & Partners (statutory auditor)

2 facts ▸

General meeting, 10-05-2006
Auditor reappointment, De Mol, Meuldermans & Partners

2004

02-08

State Gazette act Capital & shares · Statutes amendment

Power of attorney4 facts ▸

General meeting, 08-07-2004
Statutes amendment
Statutes amendment
Power of attorney, Jeannine Cuyckens

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

26 of 26 acts read

Directors · office · real estate

Directors

4 directors, 1 in day-to-day management, no change since 2025

Board 4

CARLOS HERMAN

Director · since 28-10-2016 · Private limited company · perm. rep.: Carlos Herman

Current

De Lathouwer Sofie

Director · since 13-10-2021 · Private limited company

Current

Jacques Abeille

Director · since 18-10-2024

Current

Armando Santacesaria

Director · since 09-01-2025

Current

4 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Eric Swenden

Bestuurder en voorzitter raad van bestuur · since 14-05-2008

Not recently confirmed

Wall & Waltz BVBA

Director · since 30-09-2013 · Legal entity · perm. rep.: Eddy Walraevens

Not recently confirmed

Grimhild

Director · since 23-12-2015 · Public limited company

Not recently confirmed

Ductus Management BV

Director · since 31-10-2019 · Legal entity

Not recently confirmed

Day-to-day management 1

De Lathouwer Sofie

Managing director · since 13-10-2021 · Private limited company

Current

1 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Ductus Management BV

Managing director · since 31-10-2019 · Legal entity

Not recently confirmed

Permanent representatives 1

Carlos Herman

Permanent representative · since 28-10-2016 · for CARLOS HERMAN

Current

1 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Eddy Walraevens

Permanent representative · since 30-09-2013 · for Wall & Waltz BVBA

Not recently confirmed

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises

Statutory auditor · since 02-10-2025 · perm. rep.: Ömer Turna

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Lier · 1 establishment unit since 1981

seat establishment The establishment unit on the map

Ground area

1.9 ha

Building footprint

1.3 ha

Volume, LiDAR

83,865 m³

Parcel 12392A0437/00F000, Flanders · tallest building 22.0 m, ±2 floors. Linked by address, not a title deed.

4 companies at this address See who is registered here

1 establishment unit

CHOCOLADE WERKEN GUDRUN

Industriestraat 18, 2500 LierNACE 1562008

since 19812.018.607.414

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12392A0437/00F000	Flanders	1.9 ha	1 · 1.3 ha	22.0 m · 2 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

19 people since 2006, 9 in office

All 19 In office 9 Ended 10

Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
CARLOS HERMAN	Director, from 28-10-2016 to date
De Lathouwer Sofie	Director, from 13-10-2021 to date Managing director, from 13-10-2021 to date
Jacques Abeille	Director, from 18-10-2024 to date
Armando Santacesaria	Director, from 09-01-2025 to date
Ernst et Young Reviseurs d'Entreprises	Statutory auditor, from 02-10-2025 to date
Eric Swenden	Bestuurder en voorzitter raad van bestuur, already before 14-05-2008 not ended, last confirmed 31-12-2008
Wall & Waltz BVBA	Director, already before 30-09-2013 not ended, last confirmed 25-02-2014
Grimhild	Director, from 23-12-2015 not ended, last confirmed 15-01-2016
Ductus Management BV	Director, from 31-10-2019 not ended, last confirmed 11-12-2019 Managing director, from 31-10-2019 not ended, last confirmed 11-12-2019
Moore Audit	Statutory auditor, from 20-12-2016 to 02-10-2025
De Lathouwer Sofie BV	Director and managing director, until 21-03-2025 Director and managing director, until 21-03-2025
Gabriel Cravero	Director, from 18-10-2024 to 09-01-2025
Carlos Herman BV	Director, until 18-10-2024
Grimhild NV	Director, until 18-10-2024
WALL & WALTZ	Director, until 31-10-2019
VGD Bedrijfsrevisoren	Statutory auditor, from 12-09-2012 to 20-12-2016
Carlos Herman BVBA	Director, already before 30-09-2013 to 23-12-2015
André Swenden	Director, already before 14-05-2008 to 12-09-2012
BVBA De Mol, Meuldermans & Partners	Auditor, from 10-05-2006 to 12-09-2012

Show all 19 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

De vennootschap heeft tot doel de fabricage van en de handel in voedings- en genotsmiddelen, meer in het bijzonder banket, koek, brood, biscuit, chocolade, suikerwerken en…

Full purpose

De vennootschap heeft tot doel de fabricage van en de handel in voedings- en genotsmiddelen, meer in het bijzonder banket, koek, brood, biscuit, chocolade, suikerwerken en dergelijke en/of andere artikelen, met al hetgeen daartoe in de ruimste zin geacht kan worden te behoren. De vennootschap mag alle handelingen verrichten die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkuridig beheer van onroerende goederen, het aan- en verkopen van onroerende goederen alsmede het verhuren ervan. De vennootschap mag eveneens voor eigen rekening alle roerende goederen in de ruimste zin van het woord, beheren, aan- en verkopen. De vennootschap mag alle burgerlijke, handels-, nijverheids-, financiële, roerende en onroerende of andere verrichtingen of handelingen doen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk in verbard staan met haar doel of die eenvoudig nuttig zijn of dit doel vergemakkelijken. Zo kan zij ondermeer belangen nemen in een onderneming door middel van inbreng, aankoop van aandelen of op een andere manier, waarvan het doel gelijkaardig, overeenkomstig of verwant is met het hare of waarvan de bedrijvigheid, nuttig, kan, zijn. Zij kan ten gunste van diezelfde ondernemingen optreden als hun agent of vertegenwoordiger, voorschotten toestaan, kredieten verlenen, hypothecaire of andere zekerheden verstrekken ten voordele van derden. De vennootschap kan persoonlijke of zakelijke borgen stellen in het voordeel van derden.

according to the deed of 14-06-2010

Structure & network

Owners and holdings

1 owner · 1 holding · 3 subsidiaries in the tree

Chain of control

Natra Spread SLES 99.99%
NATRA CHOCOLATE BELGIUM 100%
Grimhild 100%
GUDRUN IMMO

Highest known parent: Natra Spread SL (Spain). The sources do not say who stands above it.

Owners 1

Grimhildparent

Sourceown accounts 2025 accounts Grimhild 2025

100%

Holdings 1

GUDRUN COMMERCIALsubsidiary

Sourceown accounts 2025
Equity €6.0mResult €3.2m

100%

All subsidiaries, including indirect ones 3

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

GUDRUN COMMERCIAL 100%2 subsidiaries
- GRAND BELGIAN SPECIALITIES 100%
- SvanhildPL 100%

According to the 2025 annual accounts of GUDRUN IMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 current directors

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Acquisitions and mergers

1 transaction

Taken over by:BELCOMAR

gemengde overdracht · proposal · State Gazette act of 26-02-2010

Capital and shareholders

Capital over the years

20-05-2016 Capital reduction of 1,420,000 EUR · to 80,000 EUR · repaid to the shareholders
14-12-2012 Capital stated in the act · 1,020,000 EUR · 9,475 shares
14-06-2010 Capital stated in the act · 1,020,000 EUR · 4,000 shares
09-06-2009 Capital stated in the act · 1,500,000 EUR · 9,475 shares

Recognitions · licences · registrations

Legal Entity Identifier

549300KEES31KOT4BN11

no longer live in the LEI register

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Of 12,040 companies in sector 68203 we hold annual accounts for 6,007. 3,147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded04-03-1967

Fiscal year end31-12

Activities, NACEBEL 2025

68203Renting and operating of own or leased non-residential real estate, excluding land

66199Other activities auxiliary to financial services, excluding insurance and pension funding

E-invoicing

Reachable via Peppol

Peppol ID 0208:0404023806

Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.