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GULEX

Active
Private limited companyfounded 20242 yrs activeHeesstraat 99, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 1009.587.381
Summary

GULEX has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23,280 and a net result of €22,280. Its solvency ranks better than 55% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes
Profitability100
Solvency89
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.78; short-term debt: 35.9% and cash: 71.4% of total assets), and 35.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
64.1%
Return on assets
61.3%
Age of the figures
21 mo
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 08-06-2025, 53 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
53 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 53 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · 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

On 22 May 2024, GULEX was incorporated as a Private limited company.1 In 2026 the registered office moved to Bilzen - Hoeselt.2 The company has filed annual accounts once, for fiscal year 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 14-08-2026
  3. 3National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€58,064
EBIT margin
50.8%
Net result
€22,280
Working capital
€23,280

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €36,336
Equity €23,280
Debt €13,056
Debt finances 35.9% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
2.78
Debt to equity
0.56
ROE
95.7%
ROA
61.3%
Debt ≤ 1 year
€13,056
Income taxes
€6,072

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€36,336
Current assets29/58€36,336
Amounts receivable within one year40/41€9,410
Trade receivables40€9,105
Other amounts receivable41€305
Cash at bank and in hand54/58€25,959
Deferred charges and accrued income490/1€967
Equity and liabilities
Total equity and liabilities10/49€36,336
Equity10/15€23,280
Contributions10/11€1,000
Reserves13€22,000
Distributable reserves133€22,000
Profit (loss) carried forward14€280
Amounts payable17/49€13,056
Amounts payable within one year42/48€13,056
Trade debts44€2,007
Suppliers440/4€2,007
Taxes, remuneration and social security45€11,049
Taxes450/3€11,049
Other amounts payable47/48€0
Income statement Code2024
Turnover70€58,064
Non-recurring operating income76A€1,731
Goods, raw materials, services and sundry goods60/61€29,025
Other operating charges640/8€1,268
Gross operating margin9900€30,771
Operating profit (loss)9901€29,503
Financial charges65/66B€1,151
Recurring financial charges65€1,151
Profit (loss) for the period before taxes9903€28,352
Income taxes67/77€6,072
Profit (loss) for the period9904€22,280
Profit (loss) for the period to be appropriated9905€22,280
Appropriation of the result
Profit (loss) to be appropriated9906€22,280
Transfer to equity691/2€22,000
To other reserves6921€22,000
Profit to be distributed694/7€0
Return on contributions (dividend)694€0

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€58,064
Non-recurring operating income76A€1,731
Goods, raw materials, services and sundry goods60/61€29,025
Other operating charges640/8€1,268
Gross operating margin9900€30,771
Operating profit (loss)9901€29,503
Financial charges65/66B€1,151
Recurring financial charges65€1,151
Profit (loss) for the period before taxes9903€28,352
Income taxes67/77€6,072
Profit (loss) for the period9904€22,280
Profit (loss) for the period to be appropriated9905€22,280
Line2024
Assets
Total assets20/58€36,336
Current assets29/58€36,336
Amounts receivable within one year40/41€9,410
Trade receivables40€9,105
Other amounts receivable41€305
Cash at bank and in hand54/58€25,959
Deferred charges and accrued income490/1€967
Equity and liabilities
Total equity and liabilities10/49€36,336
Equity10/15€23,280
Contributions10/11€1,000
Reserves13€22,000
Distributable reserves133€22,000
Profit (loss) carried forward14€280
Amounts payable17/49€13,056
Amounts payable within one year42/48€13,056
Trade debts44€2,007
Suppliers440/4€2,007
Taxes, remuneration and social security45€11,049
Taxes450/3€11,049
Other amounts payable47/48€0
Line2024
Profit (loss) for the period9904€22,280
Operating cash flow (approximation)€22,280

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

2026
14-08
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 12-08-2026
  • Registered-office move, Heesstraat 99, 3740 Bilzen - Hoeselt
2025
08-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,375 m²
Building footprint
161 m²
Volume, LiDAR
1,123 m³
Parcel 73023B0718/00M000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
GULEX
Heesstraat 99, 3740 Bilzen-HoeseltOther legal services
since 20242.360.167.673
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73023B0718/00M000 Flanders 1,375 m² 1 · 161 m² 9.3 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.

Similar companies · same sector, comparable size

Of 2,771 companies in sector 69109 we hold annual accounts for 1,208. 819 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009587381
Also 9925:BE1009587381
Registered 03-12-2025

Register as of 27 September 2026 · Peppol Directory

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