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GULBAS ENTREPRISE

Active
Private limited companyfounded 2022active for 4 yearsRue Louis Pasteur 5, 4400 Flémalle, BelgiumKBO/BCE: BE 0788.761.735

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GULBAS ENTREPRISE has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,409 and a net result of €51,228. Equity has been growing by about 34% per year since 2023. Its solvency ranks better than 90% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 19-07-2022 Normal situation
Activity
Retail trade NACE 47527and 3 others
Establishment unit
2.335.644.093 4400 Flémalle, since 19-07-2022
Financial year end
31 December
Peppol
Reachable since 05-10-2025

Board and ownership

Board

Financial position

72 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€54,955
▼ 29.1%
Turnover
≈ €260,000
estimated
Profit
€51,228
▼ 18.7%
Equity
€218,409
▲ 30.6%
Total assets
€261,296
▲ 1.2%
Filed on 30-07-2026, 1 day before the deadlineat the National Bank
Score breakdownraises risk2 of the last 3 accounts lateSize: total assets €261,296lowers riskLiquidity: current ratio 5.96, cash €43,672Equity €218,409 (83.6% of total assets)Show the evidence

Checked score

Score 2025
72 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 83% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100+10
equity 83.6% of total assets
Liquidity 67+10
short-term debt 16.4% · cash 16.7%
Profitability 93-6
return on assets 19.6%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.3%▼ -0.1 percentage points vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.4%▲ +0.1 percentage points vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.3%▼ -0.1 percentage points vs 05-2025 07-2025: 2.4%▲ +0.1 percentage points vs 06-2025 08-2025: 2.8%▲ +0.4 percentage points vs 07-2025 09-2025: 2.9%▲ +0.1 percentage points vs 08-2025 10-2025: 4.0%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 1.5%▼ -2.5 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.2%▼ -0.3 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.96 (2.82 in 2024), above the usual 1.5. Short-term debt is 16.4% and cash 16.7% of total assets. 16.4% 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, micro). It does better than 92% of them on solvency, 73% on liquidity, 87% on profitability and 79% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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 · Liquidity: current ratio 5.96, cash €43,672
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €261,296
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €218,409 (83.6% of total assets)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 day early
2024
61 days late
2023
64 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 41 days after 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. The company usually files around 30 September (3 of the last 3 accounts filed within 62 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: Higher solvency than 90% of companies in retail tradesector median 33.2% · 22,726 companies 83.6% View
  • Positive: Equity rose in 2025from €167,181 to €218,409 ▲ 30.6% View

Comparable companies

These companies have the same main activity as GULBAS ENTREPRISE: retail trade (NACE 47527). They are comparable in size and age: total assets between €192,000 and €310,000, founded between 2019 and 2023.

CompanyTotal assetsGross margin
GULBAS ENTREPRISE Flémalle€261,296€54,955
BRICO STERREBEEK Zaventem€207,138€59,797
E.C.S. COMPANY Charleroi€309,899€37,342
Energie - Maintenance Oupeye€299,568€107,642
ECOTREND Steenokkerzeel€308,303€68,440
FTR SANITHERM Chimay€192,118€81,773
BAZOOKA! Lummen€236,252€71,272
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about GULBAS ENTREPRISE

What is the company number of GULBAS ENTREPRISE?
The company number of GULBAS ENTREPRISE is 0788.761.735. The VAT number is the same number with BE in front: BE 0788.761.735.
Where is GULBAS ENTREPRISE based?
The registered office is at Rue Louis Pasteur 5, 4400 Flémalle.Company details
What does GULBAS ENTREPRISE do?
According to the KBO register, the main activity is retail trade (NACE 47527).
What is the legal form of GULBAS ENTREPRISE?
The legal form of GULBAS ENTREPRISE is Private limited company (BV).
When was GULBAS ENTREPRISE founded?
GULBAS ENTREPRISE was founded on 19-07-2022.
Is GULBAS ENTREPRISE still active?
Yes, GULBAS ENTREPRISE is an active enterprise in the KBO register.
What is the turnover of GULBAS ENTREPRISE?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €54,955 and 35 comparable companies (NACE 475). It probably lies between €150,000 and €450,000.Financials
Is GULBAS ENTREPRISE profitable?
In financial year 2025, GULBAS ENTREPRISE made a profit of €51,228.
Where can I find the annual accounts of GULBAS ENTREPRISE?
GULBAS ENTREPRISE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of GULBAS ENTREPRISE due?
GULBAS ENTREPRISE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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