GELUK is a farm in Gent. Public Limited, started on 1 September 1988, 1 establishment.

What is the address of GELUK?

The registered office of GELUK is located at Kleine Duddegemstraat 30, 9051 Gent.

Is GELUK still active?

Yes. According to the CBE (29 October 2026) GELUK is active, legal situation “Normale toestand”, started on 1 September 1988.

Is GELUK registered on Peppol?

Yes, GELUK is registered on the Peppol network with ID 0208:0435198319.

What is the enterprise number of GELUK?

The enterprise number of GELUK is BE0435198319.

When was GELUK founded?

GELUK was founded on 1 September 1988.

Who are the directors of GELUK?

According to the 2025 annual accounts, the directors of GELUK are: Karine Merchiers, Geert Declercq, Jolien Declercq.

Is GELUK a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 September 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GELUK make in 2025?

GELUK recorded a loss after taxes of € 8,002 in financial year 2025.

What is the revenue of GELUK?

As a small company, GELUK is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 305,945.

GELUK (Public Limited) - Gent - BE0435198319

Dossier GELUK, printed on 29 October 2026 from databakkes.be/en/0435198319/geluk. 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 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GELUK from Gent, company number BE0435198319, closed financial year 2025 with a result of € -8,002 after tax. For that financial year GELUK recorded a gross margin of € 305,945 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -28,600 to € -8,002. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.

What it is worth Healthy

€ 2.7 million

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

Loss Caution

€ -8,002

▲ 72 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,699

▼ 37% vs 2024

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 € -268,649.

People and assets in 2025

Vehicles and equipment

€ 21,000

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 15 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.2 million

▲ 80% vs 2024

€ 143,032 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 131,772

▲ 33% vs 2024

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

Taxes

€ 9,321

▼ 67% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 266,120 Gross margin 2022: € 266,120 First fiscal year in the series	€ 247,640 Gross margin 2023: € 247,640 ▼ 7% vs 2022 (€ 266,120) Unfavourable step	€ 224,980 Gross margin 2024: € 224,980 ▼ 9% vs 2023 (€ 247,640) Unfavourable step	€ 305,945 Gross margin 2025: € 305,945 ▲ 36% vs 2024 (€ 224,980) Favourable step	▲ 36%
Profit after taxes	€ -39,810 Profit after taxes 2022: € -39,810 First fiscal year in the series	€ -4,932 Profit after taxes 2023: € -4,932 ▲ € 34,878 vs 2022 (€ -39,810) Favourable step	€ -28,600 Profit after taxes 2024: € -28,600 ▼ € 23,668 vs 2023 (€ -4,932) Unfavourable step	€ -8,002 Profit after taxes 2025: € -8,002 ▲ € 20,599 vs 2024 (€ -28,600) Favourable step	▲ € 20,599
Equity	€ 2,722,514 Equity 2022: € 2,722,514 First fiscal year in the series	€ 2,717,582 Equity 2023: € 2,717,582 Unchanged (€ 2,722,514) Unfavourable step	€ 2,688,982 Equity 2024: € 2,688,982 ▼ 1% vs 2023 (€ 2,717,582) Unfavourable step	€ 2,680,980 Equity 2025: € 2,680,980 Unchanged (€ 2,688,982) Unfavourable step
Total debts	€ 6,683,367 Total debts 2022: € 6,683,367 First fiscal year in the series	€ 6,842,385 Total debts 2023: € 6,842,385 ▲ 2% vs 2022 (€ 6,683,367) Unfavourable step	€ 6,718,280 Total debts 2024: € 6,718,280 ▼ 2% vs 2023 (€ 6,842,385) Favourable step	€ 7,928,918 Total debts 2025: € 7,928,918 ▲ 18% vs 2024 (€ 6,718,280) Unfavourable step	▲ 18%
Cash	€ 49,272 Cash 2022: € 49,272 First fiscal year in the series	€ 4,982 Cash 2023: € 4,982 ▼ 90% vs 2022 (€ 49,272) Unfavourable step	€ 12,276 Cash 2024: € 12,276 ▲ 146% vs 2023 (€ 4,982) Favourable step	€ 7,699 Cash 2025: € 7,699 ▼ 37% vs 2024 (€ 12,276) Unfavourable step	▼ 37%
Land & buildings	€ 7,904,919 Land & buildings 2022: € 7,904,919 First fiscal year in the series	€ 7,857,119 Land & buildings 2023: € 7,857,119 ▼ 1% vs 2022 (€ 7,904,919) Unchanged	€ 7,737,676 Land & buildings 2024: € 7,737,676 ▼ 2% vs 2023 (€ 7,857,119) Unchanged	€ 8,967,183 Land & buildings 2025: € 8,967,183 ▲ 16% vs 2024 (€ 7,737,676) Unchanged	▲ 16%
Retained profit	€ -227,115 Retained profit 2022: € -227,115 First fiscal year in the series	€ -232,047 Retained profit 2023: € -232,047 ▼ € 4,932 vs 2022 (€ -227,115) Unfavourable step	€ -260,647 Retained profit 2024: € -260,647 ▼ € 28,600 vs 2023 (€ -232,047) Unfavourable step	€ -268,649 Retained profit 2025: € -268,649 ▼ € 8,002 vs 2024 (€ -260,647) Unfavourable step	▼ € 8,002
Bank debt	€ 1,322,842 Bank debt 2022: € 1,322,842 First fiscal year in the series	€ 1,305,882 Bank debt 2023: € 1,305,882 ▼ 1% vs 2022 (€ 1,322,842) Favourable step	€ 1,221,589 Bank debt 2024: € 1,221,589 ▼ 6% vs 2023 (€ 1,305,882) Favourable step	€ 2,204,640 Bank debt 2025: € 2,204,640 ▲ 80% vs 2024 (€ 1,221,589) Unfavourable step	▲ 80%
Balance sheet total	€ 9,444,020 Balance sheet total 2022: € 9,444,020 First fiscal year in the series	€ 9,596,739 Balance sheet total 2023: € 9,596,739 ▲ 2% vs 2022 (€ 9,444,020) Unchanged	€ 9,442,668 Balance sheet total 2024: € 9,442,668 ▼ 2% vs 2023 (€ 9,596,739) Unchanged	€ 10,643,937 Balance sheet total 2025: € 10,643,937 ▲ 13% vs 2024 (€ 9,442,668) Unchanged	▲ 13%
Employees (FTE)	0.7 Employees (FTE) 2022: 0.7 First fiscal year in the series	0 Employees (FTE) 2023: 0 ▼ 0.7 vs 2022 (0.7) Unchanged	-	-

Key figures of GELUK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GELUK?

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

2032 Karine Merchiers stepped down as director. NBB
2032 Geert Declercq stepped down as director. NBB
2032 Jolien Declercq stepped down as director. NBB
Jul 31, 2026 New annual accounts for financial year 2025: loss of € 8,002. Source: NBB ↗
2020 Karine Merchiers became a director. NBB
2020 Geert Declercq became a director. NBB
2020 Jolien Declercq became a director. NBB
Sep 23, 1988 New establishment in Gent. KBO

In short

From € 39,810 loss in 2022 to € 8,002 loss in 2025.

Paid € 34,203 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

GELUK

Immo Declercq NV 99.7%

It owns 99.7% of Immo Declercq NV itself.

Directors

According to the 2025 annual accounts

Karine Merchiers

Director

Also active at: Meat & Storage DC, T.N.Y. - TRANS

since 2020 · until 2032

Geert Declercq

Director

Also active at: IMMO DECLERCQ, JOLIE

since 2020 · until 2032

Jolien Declercq

Director

Also active at: BEVEREKOUTER, Meat & Storage DC, IMMO DECLERCQ, T.N.Y. - TRANS, JOLIE, CASTLE ICE

since 2020 · until 2032

Establishments

Establishment units

Physical locations of this company

Registered office

Kleine Duddegemstraat 30

9051 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

T.N.Y. - TRANS same network

€ 1.4 million gross margin · 2025

Declercq Geluk

Declercq Vlees

LATEM

€ 184,652 gross margin · 2025

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

Details

Company number

0435.198.319

VAT number

BE 0435.198.319

Registered office

Kleine Duddegemstraat 30, 9051 Gent

Names & denominations

GELUK

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 September 1988

Peppol

Active · Active since 1 Oct 2026

Activities · NACE

Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden

Activiteiten van holdings

Activiteiten van syndici van onroerend goed

Holdings

Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

GELUK

Warning lights

Financials

What happened to GELUK?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions