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GULER

Active
Private limited companyfounded 2003active for 23 yearsStalenstraat 67, 3600 Genk, BelgiumKBO/BCE: BE 0479.930.363
Summary

The computed 12-month bankruptcy probability of GULER is 3.9% (moderate). The annual accounts of GULER for financial year 2024 show a net loss of 74% of the equity at the start of that year. The 2024 annual accounts show equity of €9,341 and a net result of -€26,788. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 25,599 sector peers (NACE 47, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241Artisanal bread and fresh pastry making NACE 10712
1 site
Size
€70,244total assets 2024
Staff
3.1 FTE
Equity
€9,341
Loss
-€26,788
Turnover not published (micro format)
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.9%
Structure
Accounts 75 days overdue0 of 3 deeds read
Why 47raises riskEx-officio strike-off in the KBO1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 lateLoss of €26,788 (financial year 2024)lowers riskFounded in 2003Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 38-14
equity 13.3% of total assets
Liquidity 52+28
short-term debt 86.7% · cash 46.7%
Profitability 0-50
return on assets -38.1%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,196 companies, NACE 47, micro)
Last 24 months 11-2024: 0.9%lowest value 12-2024: 1.8%▲ +0.9 percentage points vs 11-2024 01-2025: 1.7%▼ -0.1 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.6%▼ -0.1 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.8%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▲ +0.9 percentage points vs 07-2025 09-2025: 3.1%▲ +0.4 percentage points vs 08-2025 10-2025: 4.0%▲ +0.9 percentage points vs 09-2025 11-2025: 4.3%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 2.8%▼ -1.5 percentage points vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.8%● unchanged vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.6%▼ -0.2 percentage points vs 04-2026 06-2026: 2.6%● unchanged vs 05-2026 07-2026: 2.7%▲ +0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.5 percentage points vs 07-2026 09-2026: 3.3%▲ +0.1 percentage points vs 08-2026 10-2026: 3.9%▲ +0.6 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.81, compared with 1.33 in 2023, below 1; short-term debt: 86.7% and cash: 46.7% of total assets), and 86.7% 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 (NACE 47, micro): better than 29% on solvency, 57% on liquidity, 6% on profitability and 8% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Seven signals.
lowers riskraises risk
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 3 of the last 3 late
NBB · filings
raises risk · Loss of €26,788 (financial year 2024)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
92 days late
2023
82 days late
2022
185 days late
2021
30 days late
2020
89 days late
2019
105 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 97 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€26,788
  3. UBO non-complianceevent 28-10-2024

Key points

  • Caution: Among the weakest 9% on net resultsector median €4,541 · 25,574 companies -€26,788 View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Total assets 20246 financial years filed €70,244 View

By topic

Financials

Financial year
2024
Total assets
€70,244
Loss
-€26,788
Solvency
13.3%
Total assets▼ 46.8%
Net result
20182024
Go to Financials

Timeline

Events
25
Since
2005
  1. 21-10-2024Annual accounts filed
  2. 01-02-2024Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2024
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded
03-04-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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