GULO is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 30 March 1953, 1 establishment.

What is the address of GULO?

The registered office of GULO is located at Massenhovensesteenweg 126, 2520 Ranst.

Is GULO still active?

Yes. According to the CBE (29 October 2026) GULO is active, legal situation “Normale toestand”, started on 30 March 1953.

Is GULO registered on Peppol?

Yes, GULO is registered on the Peppol network with ID 0208:0404065772.

What is the enterprise number of GULO?

The enterprise number of GULO is BE0404065772.

When was GULO founded?

GULO was founded on 30 March 1953.

Who are the directors of GULO?

According to the 2024 annual accounts, the directors of GULO are: KOEN ZAGERS.

Is GULO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 March 1953; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did GULO make in 2024?

GULO recorded a loss after taxes of € 185,193 in financial year 2024.

What is the revenue of GULO?

As a small company, GULO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € -93,819.

GULO (Public Limited) - Ranst - BE0404065772

Dossier GULO, printed on 29 October 2026 from databakkes.be/en/0404065772/gulo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

GULO from Ranst, company number BE0404065772, closed financial year 2024 with a result of € -185,193 after tax. For that financial year GULO recorded a gross margin of € -93,819 and equity of € 182,164. Compared with financial year 2023, the result moved from € -54,650 to € -185,193. The company made a loss. The buffer shrank hard: equity is 50 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.

What it is worth Shrank hard

€ 182,164

▼ 50% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -185,193

▼ 239 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 9,956

▼ 88% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 117,164.

People and assets in 2024

Wage cost

€ 53,250

▲ 3% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 64,887

▼ 19% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 1.1 million

▲ 131% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 24,289

▲ 41% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 7,465

▼ 76% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 877,988 Gross margin 2021: € 877,988 First fiscal year in the series	€ -62,450 Gross margin 2022: € -62,450 ▼ € 940,438 vs 2021 (€ 877,988) Unfavourable step	€ 34,318 Gross margin 2023: € 34,318 ▲ € 96,768 vs 2022 (€ -62,450) Favourable step	€ -93,819 Gross margin 2024: € -93,819 ▼ € 128,137 vs 2023 (€ 34,318) Unfavourable step	▼ € 128,137
Profit after taxes	€ 606,760 Profit after taxes 2021: € 606,760 First fiscal year in the series	€ -160,813 Profit after taxes 2022: € -160,813 ▼ € 767,573 vs 2021 (€ 606,760) Unfavourable step	€ -54,650 Profit after taxes 2023: € -54,650 ▲ € 106,163 vs 2022 (€ -160,813) Favourable step	€ -185,193 Profit after taxes 2024: € -185,193 ▼ € 130,544 vs 2023 (€ -54,650) Unfavourable step	▼ € 130,544
Equity	€ 641,120 Equity 2021: € 641,120 First fiscal year in the series	€ 480,307 Equity 2022: € 480,307 ▼ 25% vs 2021 (€ 641,120) Unfavourable step	€ 367,358 Equity 2023: € 367,358 ▼ 24% vs 2022 (€ 480,307) Unfavourable step	€ 182,164 Equity 2024: € 182,164 ▼ 50% vs 2023 (€ 367,358) Unfavourable step	▼ 50%
Total debts	€ 285,768 Total debts 2021: € 285,768 First fiscal year in the series	€ 618,907 Total debts 2022: € 618,907 ▲ 117% vs 2021 (€ 285,768) Unfavourable step	€ 720,288 Total debts 2023: € 720,288 ▲ 16% vs 2022 (€ 618,907) Unfavourable step	€ 1,251,117 Total debts 2024: € 1,251,117 ▲ 74% vs 2023 (€ 720,288) Unfavourable step	▲ 74%
Cash	€ 105,086 Cash 2021: € 105,086 First fiscal year in the series	€ 8,407 Cash 2022: € 8,407 ▼ 92% vs 2021 (€ 105,086) Unfavourable step	€ 80,772 Cash 2023: € 80,772 ▲ € 72,365 vs 2022 (€ 8,407) Favourable step	€ 9,956 Cash 2024: € 9,956 ▼ 88% vs 2023 (€ 80,772) Unfavourable step	▼ 88%
Land & buildings	-	€ 7,536 Land & buildings 2022: € 7,536 First fiscal year in the series	€ 5,971 Land & buildings 2023: € 5,971 ▼ 21% vs 2022 (€ 7,536) Unchanged	€ 225,555 Land & buildings 2024: € 225,555 ▲ € 219,584 vs 2023 (€ 5,971) Unchanged	▲ € 219,584
Retained profit	€ 576,120 Retained profit 2021: € 576,120 First fiscal year in the series	€ 415,307 Retained profit 2022: € 415,307 ▼ 28% vs 2021 (€ 576,120) Unfavourable step	€ 302,358 Retained profit 2023: € 302,358 ▼ 27% vs 2022 (€ 415,307) Unfavourable step	€ 117,164 Retained profit 2024: € 117,164 ▼ 61% vs 2023 (€ 302,358) Unfavourable step	▼ 61%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 58,300 Dividend 2023: € 58,300 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 58,300) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 377,595 Bank debt 2022: € 377,595 Unchanged (€ 0) Unfavourable step	€ 458,335 Bank debt 2023: € 458,335 ▲ 21% vs 2022 (€ 377,595) Unfavourable step	€ 1,058,451 Bank debt 2024: € 1,058,451 ▲ 131% vs 2023 (€ 458,335) Unfavourable step	▲ 131%
Balance sheet total	€ 1,004,860 Balance sheet total 2021: € 1,004,860 First fiscal year in the series	€ 1,177,187 Balance sheet total 2022: € 1,177,187 ▲ 17% vs 2021 (€ 1,004,860) Unchanged	€ 1,165,618 Balance sheet total 2023: € 1,165,618 ▼ 1% vs 2022 (€ 1,177,187) Unchanged	€ 1,509,623 Balance sheet total 2024: € 1,509,623 ▲ 30% vs 2023 (€ 1,165,618) Unchanged	▲ 30%

Key figures of GULO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to GULO?

What happened at GULO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2025 New annual accounts for financial year 2024: loss of € 185,193. filed late Source: NBB ↗
2024 KOEN ZAGERS became a director. NBB
Mar 30, 1953 Start of the company according to the CBE. KBO
Mar 1, 1953 New establishment in Ranst. KBO

In short

From € 606,760 profit in 2021 to € 185,193 loss in 2024.

Paid € 122,484 in corporate taxes since 2021.

Best year ever: 2021, with € 606,760 profit.

Paid out € 58,300 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

KOEN ZAGERS

GULO

Behind GULO is KOEN ZAGERS.

Directors

According to the 2024 annual accounts

KOEN ZAGERS

Director

since 2024

Establishments

Establishment units

Physical locations of this company

Registered office

Massenhovensesteenweg 126

2520 Ranst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0404.065.772

VAT number

BE 0404.065.772

Registered office

Massenhovensesteenweg 126, 2520 Ranst

Names & denominations

GULO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 March 1953

Peppol

Active · Active since 19 Dec 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Handel in eigen onroerend goed

Handel in onroerend goed

Projectontwikkeling voor woningbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

GULO

Warning lights

Financials

What happened to GULO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions