GUELL
ActiveSummary
GUELL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120,677 and a net result of -€7,909. Equity is shrinking by ~10.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result returns to profit in 2025: €600 after a loss of €4,009 in 2024, the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,507 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,973 | €74,973 | €74,370 | €71,778 | €61,243 | €55,657 | €55,662 | €55,460 | ▼ 0.4% |
| Other operating charges640/8 | - | - | - | €4,398 | €5,206 | €5,011 | €6,934 | €6,137 | ▼ 11.5% |
| Gross operating margin9900 | €58,695 | €57,929 | €55,839 | €60,574 | €60,444 | €56,682 | €58,586 | €62,197 | ▲ 6.2% |
| Operating profit (loss)9901 | -€26,481 | -€22,072 | -€23,543 | -€15,602 | -€6,005 | -€3,986 | -€4,009 | €600 | ▲ 115% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €10,963 | €10,387 | €9,712 | €9,128 | €8,509 | ▼ 6.8% |
| Recurring financial charges65 | €12,591 | €12,031 | €11,511 | €10,963 | €10,387 | €9,712 | €9,128 | €8,509 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | -€39,072 | -€34,103 | -€35,054 | -€26,565 | -€16,392 | -€13,698 | -€13,137 | -€7,909 | ▲ 39.8% |
| Profit (loss) for the period9904 | -€39,072 | -€34,103 | -€35,054 | -€26,565 | -€16,392 | -€13,698 | -€13,137 | -€7,909 | ▲ 39.8% |
| Profit (loss) for the period to be appropriated9905 | -€39,072 | -€34,103 | -€35,054 | -€26,565 | -€16,392 | -€13,698 | -€13,137 | -€7,909 | ▲ 39.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 9.5% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | ▼ 6.0% |
| Tangible fixed assets22/27 | €1.3m | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | ▼ 6.0% |
| Land and buildings22 | - | - | - | €1.1m | €1.0m | €1.0m | €0.9m | €0.9m | ▼ 6.0% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €404 | €202 | - | - | - |
| Financial fixed assets28 | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | = |
| Current assets29/58 | €0.09m | €0.05m | €0.08m | €0.04m | €0.05m | €0.05m | €0.05m | €0.01m | ▼ 79.2% |
| Amounts receivable within one year40/41 | €0.001m | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.08m | €0.05m | €0.08m | €0.04m | €0.05m | €0.05m | €0.05m | €0.01m | ▼ 79.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €1.1m | €1.1m | €1.0m | €1.0m | €0.9m | ▼ 9.5% |
| Equity10/15 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 6.2% |
| Contributions10/11 | €0.4m | €0.4m | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.2m | -€0.2m | -€0.2m | -€0.3m | -€0.3m | -€0.3m | ▼ 3.0% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.1m | €1.0m | €0.9m | €0.9m | €0.8m | €0.8m | ▼ 10.0% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 9.6% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 9.6% |
| Amounts payable within one year42/48 | €0.9m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | €0.7m | €0.6m | ▼ 10.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 4.1% |
| Trade debts44 | €0.003m | €0.004m | €0.003m | €0.003m | €0.004m | - | €0.001m | €0.001m | = |
| Suppliers440/4 | - | - | - | €0.003m | €0.004m | - | €0.001m | €0.001m | = |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 10.5% |
| Accrued charges and deferred income492/3 | - | - | - | €166 | €112 | €115 | €126 | €128 | ▲ 1.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€39,072 | -€34,103 | -€35,054 | -€26,565 | -€16,392 | -€13,698 | -€13,137 | -€7,909 | ▲ 39.8% |
| + Depreciation and write-downs630 | €74,973 | €74,973 | €74,370 | €71,778 | €61,243 | €55,657 | €55,662 | €55,460 | ▼ 0.4% |
| Operating cash flow (approximation) | €35,901 | €40,870 | €39,316 | €45,213 | €44,850 | €41,959 | €42,525 | €47,551 | ▲ 11.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€38,933 | €33,636 | -€37,053 | €4,643 | -€1,706 | €1,416 | -€37,090 | ▼ 2,719% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.