Equity
€182,164 from €898,084 in 2011
Equity fell by 80% in 13 years.
GULO
Lifetime
19 annual accounts with figures on one time axis, 48 filings since 1977peak €877,988 (2021)
-€93,820▼ €128,137
lowest -€253,280 (2020)
-€185,193▼ €130,544
peak €898,084 (2011)
€182,164▼ 50.4%
€1.3m▲ 73.7%
Board2 names since 2018
1 director
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Gross margin from €34,318 to -€93,820Loss of €185,193Change of role: , from director to sole director 02-02Equity from €367,358 to €182,164Debts from €720,288 to €1.3mInvestments €333,524
Key points
from the 2024 annual accountsLosses
-€400,656 in three years
Every financial year from 2022 to 2024 closed with a loss. 2024 was the heaviest.
Debts
€1.3m 83% of the balance sheet
Financial debts 84%Suppliers 2%Taxes and wages 1%Other 13%
Investments
€333,524 13.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 5886.3% higher than in 2023.
Filings
48 annual accounts 106 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€185,193
Lower net result than 95% of companies in real estate. Sector median €4,590 · 19,202 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,225 companies had the same profile as GULO has now. Each dot stands for 4 companies, two years later.
88.4%
were still trading
7.6%
stopped another way
3.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,225 companies, not a prediction for GULO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Algemene Vergadering - Boekjaar
General meeting of 23-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0404065772
Change of role: , from director to sole director
Resignation: (director) · Director discharge: · Director discharge: · General meeting of 30-01-2024 · Gazette deed
Environmental permit granted
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lier
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GULO Ranst | €1.5m | -€93,820 | 12.1% | - |
| DRAKESTEYN Antwerp | €1.3m | -€1,669 | 6.6% | - |
| REAL HOUSES Sint-Martens-Latem | €2.3m | -€70,802 | 94.0% | - |
| BOUWONDERNEMING CANNEYT Oostkamp | €1.6m | -€25,580 | 59.1% | 1 |
| West Engineering & Consulting Diksmuide | €0.9m | -€5,731 | -66.2% | - |
| V.D. PROPERTIES Grobbendonk | €1.3m | €550 | 98.7% | 0 |
| ANTWERP MERCHANDISING AND CONSULTING COMPANY Puurs-Sint-Amands | €0.9m | €1,248 | 28.2% | - |
These companies have the same main activity as GULO: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €889,000 and €2.3m, founded between 1968 and 1985.
Official details
Source: KBO- Status
- Active since 30-03-1953Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 1 other
- Establishment unit
- 2.038.550.3172520 Ranst, since 01-03-1953
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on GULO
GULO files the micro format. That format states no turnover. The gross margin fell from €41,036 in 2006 to -€93,820 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GULO
- What is the company number of GULO?
- The company number of GULO is 0404.065.772. The VAT number is the same number with BE in front: BE 0404.065.772.
- Where is GULO based?
- The registered office is at Massenhovensesteenweg 126, 2520 Ranst.Company details
- What does GULO do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of GULO?
- GULO is a public limited company (NV).
- When was GULO founded?
- GULO was founded on 30-03-1953.
- Is GULO still active?
- Yes, GULO is an active enterprise in the KBO register.
- How many employees does GULO have?
- GULO had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of GULO?
- The annual accounts for financial year 2024 state no turnover. The abbreviated or micro format does not require it.
- Is GULO profitable?
- In financial year 2024, GULO made a loss of €185,193.
- Where can I find the annual accounts of GULO?
- GULO filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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