GULER TRANS
ActiveThe computed 12-month bankruptcy probability of GULER TRANS is 3.0% (moderate). The 2024 annual accounts show equity of €109k and a net result of €-5k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 6717 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▲+1
Solvency54▼-5
Growth58▼-4
Track record100
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.22 in 2023; short-term debt: 49.4% and cash: 4.9% of total assets), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.3%
Return on assets
-1.5%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
10 d late
2022
73 d late
2021
30 d late
2020
61 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€1,000k▼ 6.7%
2023 · €1.07M
2018: €545k
2019: €710k
2020: €936k
2021: €1.05M
2022: €966k
2023: €1.07M
2018 → 2024
EBIT margin
2.9%▼ 0.1pp
2023 · 3.0%
2018: 4.1%
2019: 4.2%
2020: 2.9%
2021: 2.8%
2022: 2.2%
2023: 3.0%
2018 → 2024
Net result
€-5k▼ 580%
2023 · €-799
2018: €8k
2019: €9k
2020: €16k
2021: €19k
2022: €28k
2023: €-799
2018 → 2024
Working capital
€-4k
2023 · €35k
2018: €-59k
2019: €-33k
2020: €6k
2021: €33k
2022: €12k
2023: €35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€936k-€1.05M▲ 12.6%€966k▼ 8.4%€1.07M▲ 10.9%€1,000k▼ 6.7%
Equity€68k-€87k▲ 27.5%€115k▲ 32.5%€114k▼ 0.7%€109k▼ 4.8%
Operating result€27k-€30k▲ 8.2%€22k▼ 27.1%€33k▲ 50.5%€29k▼ 10.1%
Net result€16k-€19k▲ 19.5%€28k▲ 50.9%€-799€-5k▼ 580%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €370k
Fixed assets
€191k▲ 30.2%
Current assets
€179k▼ 6.2%
Equity and liabilities €370k
Equity
€109k▼ 4.8%
Debt
€261k▲ 17.0%
The debt ratio rises from 66.2% to 70.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€80k▲
2023 · €72k
Cash flow
€46k▲
2023 · €38k
Solvency
29.3%▼
2023 · 33.8%
Current ratio
0.98▼
2023 · 1.22
Quick ratio
0.98▼
2023 · 1.22
Debt / equity
2.41▲
2023 · 1.96
ROE
-5.0%▼
2023 · -0.7%
ROA
-1.5%▼
2023 · -0.2%
Interest coverage
8.25▼
2023 · 8.98
Debt
€261k▲
2023 · €223k
Debt ≤ 1 year
€183k▲
2023 · €156k
Debt > 1 year
€79k▲
2023 · €67k
Income taxes
€23k▲
2023 · €13k
Staff costs
€189k▼
2023 · €192k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€337k€370k▲
Fixed assets21/28€147k€191k▲
Tangible fixed assets22/27€124k€129k▲
Plant, machinery and equipment23-€826
Furniture and vehicles24€9k€34k▲
Leasing and similar rights25€115k€79k▼
Other tangible fixed assets26-€15k
Financial fixed assets28€22k€62k▲
Current assets29/58€191k€179k▼
Amounts receivable within one year40/41€164k€161k▼
Trade receivables40€163k€161k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€27k€18k▼
Equity and liabilities
Total equity and liabilities10/49€337k€370k▲
Equity10/15€114k€109k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€94k€88k▼
Amounts payable17/49€223k€261k▲
Amounts payable after more than one year17€67k€79k▲
Financial debts170/4€67k€39k▼
Other amounts payable178/9-€40k
Amounts payable within one year42/48€156k€183k▲
Current portion of amounts payable after more than one year42€27k€45k▲
Trade debts44€92k€59k▼
Suppliers440/4€92k€59k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€38k€72k▲
Taxes450/3€12k€44k▲
Remuneration and social security454/9€26k€28k▲
Other amounts payable47/48-€313
Income statement
Code20232024
Turnover70€1.07M€1,000k▼
Goods, raw materials, services and sundry goods60/61€802k€719k▼
Remuneration, social security and pensions62€192k€189k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€51k▲
Other operating charges640/8€5k€12k▲
Gross operating margin9900€269k€281k▲
Operating profit (loss)9901€33k€29k▼
Financial income75/76B€1k€10k▲
Recurring financial income75€1k€27▼
Non-recurring financial income76B€1k€10k▲
Financial charges65/66B€22k€21k▼
Recurring financial charges65€8k€10k▲
Non-recurring financial charges66B€14k€12k▼
Profit (loss) for the period before taxes9903€12k€18k▲
Income taxes67/77€13k€23k▲
Profit (loss) for the period9904€-799€-5k▼
Profit (loss) for the period to be appropriated9905€-799€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€94k€88k▼
Profit (loss) brought forward from the previous period14P€94k€94k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
31-12
Financial
Highest result since 2018net €28k ▲50.9%
Net result €28k, the highest in the series.
31-12
Financial
Equity above €100kEq €115k ▲32.5%
5 profitable years in a row build equity to €115k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 119 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 50 days late
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koninginnelaan 1651030 SchaarbeekGround area
219 m²
Building footprint
219 m²
Volume, LiDAR
2,099 m³
Parcel 21910E0069/00K004, Brussels · tallest building 17.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GULER TRANS
since 20142.237.559.475
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0069/00K004 | Brussels | 219 m² | 1 · 219 m² | 17.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
H&H
BE 0759.413.988
Gent · Eq €109k
THAWMAT
BE 0689.902.206
Anderlecht · Eq €111k
AL KHEDER
BE 0724.569.808
Sint-Jans-Molenbeek · Eq €111k
ADN TOITURE SYSTÈME
BE 0777.645.634
Oreye · Eq €113k
TUNCARS
BE 0812.119.137
Schaarbeek · Eq €116k
Of 963 companies in sector 49310 we hold annual accounts for 486. 310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2014
Fiscal year end31-12
Activities, NACEBEL
49310Scheduled passenger transport by road
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
53200Other postal and courier activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.