GUPAFA is a broadcaster in Brugge. Public Limited, started on 29 November 1988, 3 establishments.

What is the address of GUPAFA?

The registered office of GUPAFA is located at Pathoekeweg 148, 8000 Brugge.

Is GUPAFA still active?

Yes. According to the CBE (2 November 2026) GUPAFA is active, legal situation “Normale toestand”, started on 29 November 1988.

Is GUPAFA registered on Peppol?

Yes, GUPAFA is registered on the Peppol network with ID 0208:0435802192.

What is the enterprise number of GUPAFA?

The enterprise number of GUPAFA is BE0435802192.

When was GUPAFA founded?

GUPAFA was founded on 29 November 1988.

Who are the directors of GUPAFA?

According to the 2026 annual accounts, the directors of GUPAFA are: Mercuralia BV, Boisseilles BV, Rover BV.

Is GUPAFA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 November 1988; 5 annual accounts filed, latest fiscal year 2026; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did GUPAFA make in 2026?

GUPAFA posted a profit after taxes of € 84,413 in financial year 2026.

What is the revenue of GUPAFA?

As a small company, GUPAFA is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 839,865.

How much does an employee at GUPAFA earn?

The average wage cost per full-time employee at GUPAFA was € 43,900 in 2026: staff costs of € 228,494 for 5.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GUPAFA have?

According to the 2026 annual accounts, GUPAFA has 5.2 full-time equivalents (FTE).

GUPAFA (Public Limited) - Brugge - BE0435802192

Dossier GUPAFA, printed on 2 November 2026 from databakkes.be/en/0435802192/gupafa. 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.

Tight liquidity NBB

Cash and receivables cover 13 % of short-term debt in 2026; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 8.3 to 5.2.

Financials

Financial year 2026

GUPAFA from Brugge, company number BE0435802192, closed financial year 2026 with a result of € 84,413 after tax. For that financial year GUPAFA recorded a gross margin of € 839,865 and equity of € 4.1 million. Compared with financial year 2025, the result moved from € -15,207 to € 84,413. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.

What it is worth Growing

€ 4.1 million

▲ 2% vs 2025

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

Profit Growing

€ 84,413

▲ still € 15,207 loss in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 54,222

▼ 73% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 1.1 million.

People and assets in 2026

Full-time equivalents

5.2

▼ 1.4 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 228,494

▼ 9% vs 2025

€ 43,900 per full-time equivalent. 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

€ 248,640

▼ 27% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 4 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.

€ 2.8 million

▼ 12% vs 2025

€ 482,194 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 303,585

▲ 31% vs 2025

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

Taxes and wages

€ 80,792

▲ 145% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 1,052,731 Gross margin 2023: € 1,052,731 First fiscal year in the series	€ 977,892 Gross margin 2024: € 977,892 ▼ 7% vs 2023 (€ 1,052,731) Unfavourable step	€ 791,887 Gross margin 2025: € 791,887 ▼ 19% vs 2024 (€ 977,892) Unfavourable step	€ 839,865 Gross margin 2026: € 839,865 ▲ 6% vs 2025 (€ 791,887) Favourable step	▲ 6%
Profit after taxes	€ 106,699 Profit after taxes 2023: € 106,699 First fiscal year in the series	€ 56,297 Profit after taxes 2024: € 56,297 ▼ 47% vs 2023 (€ 106,699) Unfavourable step	€ -15,207 Profit after taxes 2025: € -15,207 ▼ € 71,505 vs 2024 (€ 56,297) Unfavourable step	€ 84,413 Profit after taxes 2026: € 84,413 ▲ € 99,620 vs 2025 (€ -15,207) Favourable step	▲ € 99,620
Equity	€ 3,933,538 Equity 2023: € 3,933,538 First fiscal year in the series	€ 3,989,835 Equity 2024: € 3,989,835 ▲ 1% vs 2023 (€ 3,933,538) Favourable step	€ 3,974,628 Equity 2025: € 3,974,628 Unchanged (€ 3,989,835) Unfavourable step	€ 4,059,041 Equity 2026: € 4,059,041 ▲ 2% vs 2025 (€ 3,974,628) Favourable step	▲ 2%
Total debts	€ 4,686,320 Total debts 2023: € 4,686,320 First fiscal year in the series	€ 4,110,974 Total debts 2024: € 4,110,974 ▼ 12% vs 2023 (€ 4,686,320) Favourable step	€ 4,045,036 Total debts 2025: € 4,045,036 ▼ 2% vs 2024 (€ 4,110,974) Favourable step	€ 3,644,685 Total debts 2026: € 3,644,685 ▼ 10% vs 2025 (€ 4,045,036) Favourable step	▼ 10%
Cash	€ 73,662 Cash 2023: € 73,662 First fiscal year in the series	€ 32,578 Cash 2024: € 32,578 ▼ 56% vs 2023 (€ 73,662) Unfavourable step	€ 197,864 Cash 2025: € 197,864 ▲ € 165,286 vs 2024 (€ 32,578) Favourable step	€ 54,222 Cash 2026: € 54,222 ▼ 73% vs 2025 (€ 197,864) Unfavourable step	▼ 73%
Land & buildings	€ 5,652,765 Land & buildings 2023: € 5,652,765 First fiscal year in the series	€ 5,535,756 Land & buildings 2024: € 5,535,756 ▼ 2% vs 2023 (€ 5,652,765) Unchanged	€ 5,427,132 Land & buildings 2025: € 5,427,132 ▼ 2% vs 2024 (€ 5,535,756) Unchanged	€ 5,295,774 Land & buildings 2026: € 5,295,774 ▼ 2% vs 2025 (€ 5,427,132) Unchanged	▼ 2%
Retained profit	€ 933,538 Retained profit 2023: € 933,538 First fiscal year in the series	€ 989,835 Retained profit 2024: € 989,835 ▲ 6% vs 2023 (€ 933,538) Favourable step	€ 974,628 Retained profit 2025: € 974,628 ▼ 2% vs 2024 (€ 989,835) Unfavourable step	€ 1,059,041 Retained profit 2026: € 1,059,041 ▲ 9% vs 2025 (€ 974,628) Favourable step	▲ 9%
Bank debt	€ 3,405,350 Bank debt 2023: € 3,405,350 First fiscal year in the series	€ 3,598,806 Bank debt 2024: € 3,598,806 ▲ 6% vs 2023 (€ 3,405,350) Unfavourable step	€ 3,225,653 Bank debt 2025: € 3,225,653 ▼ 10% vs 2024 (€ 3,598,806) Favourable step	€ 2,831,011 Bank debt 2026: € 2,831,011 ▼ 12% vs 2025 (€ 3,225,653) Favourable step	▼ 12%
Balance sheet total	€ 8,619,858 Balance sheet total 2023: € 8,619,858 First fiscal year in the series	€ 8,100,809 Balance sheet total 2024: € 8,100,809 ▼ 6% vs 2023 (€ 8,619,858) Unchanged	€ 8,034,664 Balance sheet total 2025: € 8,034,664 ▼ 1% vs 2024 (€ 8,100,809) Unchanged	€ 7,717,976 Balance sheet total 2026: € 7,717,976 ▼ 4% vs 2025 (€ 8,034,664) Unchanged	▼ 4%
Employees (FTE)	9.1 Employees (FTE) 2023: 9.1 First fiscal year in the series	8.3 Employees (FTE) 2024: 8.3 ▼ 0.8 vs 2023 (9.1) Unchanged	6.6 Employees (FTE) 2025: 6.6 ▼ 1.7 vs 2024 (8.3) Unchanged	5.2 Employees (FTE) 2026: 5.2 ▼ 1.4 vs 2025 (6.6) Unchanged	▼ 1.4

Key figures of GUPAFA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to GUPAFA?

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

2029 Mercuralia BV stepped down as director. NBB
2029 Boisseilles BV stepped down as director. NBB
2029 Rover BV stepped down as director. NBB
Oct 9, 2026 New annual accounts for financial year 2026: profit of € 84,413. Source: NBB ↗
2023 Mercuralia BV became a director. NBB
2023 Boisseilles BV became a director. NBB
2023 Rover BV became a director. NBB
Jan 1, 2012 New establishment in Asse. KBO

In short

From € 106,699 profit in 2023 to € 84,413 profit in 2026.

Best year ever: 2023, with € 106,699 profit.

On average € 161,500 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

BOISSEILLES 33.3%

MERCURALIA 33.3%

The stake of BOISSEILLES, MERCURALIA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GUPAFA

Vilvordit New 100%

The shares are held by BOISSEILLES (33.3%) and MERCURALIA (33.3%). It owns 100% of Vilvordit New itself.

Directors

According to the 2026 annual accounts

Mercuralia BV

Director · represented by Royaux Fabienne

Also active at: SPEEDEXSA, TYLES, TRAMARCO, VILVORDIT NEW

since 2023 · until 2029

Boisseilles BV

Director · represented by Royaux Guy

Also active at: SPEEDEXSA, TYLES, TRAMARCO, VILVORDIT NEW

since 2023 · until 2029

Rover BV

Director · represented by Royaux Paul

Also active at: SPEEDEXSA, TYLES, TRAMARCO, VILVORDIT NEW

since 2023 · until 2029

Shareholders

BOISSEILLES

33.3%

MERCURALIA

33.3%

Participations

Vilvordit New

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Pathoekeweg 148

8000 Brugge

2.149.984.808

Zuiderlaan 12

1731 Asse

Active since 13 October 2005

2.335.952.713

Zuiderlaan 14

1731 Asse

Active since 1 January 2012

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

Details

Company number

0435.802.192

VAT number

BE 0435.802.192

Registered office

Pathoekeweg 148, 8000 Brugge

Names & denominations

GUPAFA

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 November 1988

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Goederenvervoer over de weg

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

GUPAFA

Warning lights

Financials

What happened to GUPAFA?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions