GIELEN is a wholesaler in Sint-Truiden. Public Limited, started on 6 March 1989, 1 establishment.

What is the address of GIELEN?

The registered office of GIELEN is located at Witte-Brugstraat 5, 3800 Sint-Truiden.

Is GIELEN still active?

Yes. According to the CBE (29 October 2026) GIELEN is active, legal situation “Normale toestand”, started on 6 March 1989.

Is GIELEN registered on Peppol?

Yes, GIELEN is registered on the Peppol network with ID 0208:0436860977.

What is the enterprise number of GIELEN?

The enterprise number of GIELEN is BE0436860977.

When was GIELEN founded?

GIELEN was founded on 6 March 1989.

Who are the directors of GIELEN?

According to the 2025 annual accounts, the directors of GIELEN are: Katty Jamar, Julie Gielen, Marc Gielen.

Is GIELEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 March 1989; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GIELEN make in 2025?

GIELEN posted a profit after taxes of € 98,266 in financial year 2025.

What is the revenue of GIELEN?

As a small company, GIELEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 845,640.

How much does an employee at GIELEN earn?

The average wage cost per full-time employee at GIELEN was € 50,400 in 2023: staff costs of € 50,419 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

GIELEN (Public Limited) - Sint-Truiden - BE0436860977

Dossier GIELEN, printed on 29 October 2026 from databakkes.be/en/0436860977/gielen. 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 49 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GIELEN from Sint-Truiden, company number BE0436860977, closed financial year 2025 with a result of € 98,266 after tax. For that financial year GIELEN recorded a gross margin of € 845,640 and equity of € 4 million. Compared with financial year 2024, the result moved from € -238,915 to € 98,266. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Growing

€ 4 million

▲ 3% vs 2024

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

Profit Growing

€ 98,266

▲ still € 238,915 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 121,283

▲ 145% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.9 million.

People and assets in 2025

Wage cost

€ 93,275

▼ 12% vs 2024

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

€ 120,896

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 42 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.

€ 10.2 million

▲ 52% vs 2024

€ 244,444 is repaid this year. At this pace the long-term loan is gone in ≈ 42 years.

Owed to suppliers

€ 326,020

▲ 275% vs 2024

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

Taxes and wages

€ 62,450

▼ 29% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,340,562 Gross margin 2022: € 2,340,562 First fiscal year in the series	€ 686,546 Gross margin 2023: € 686,546 ▼ 71% vs 2022 (€ 2,340,562) Unfavourable step	€ 496,994 Gross margin 2024: € 496,994 ▼ 28% vs 2023 (€ 686,546) Unfavourable step	€ 845,640 Gross margin 2025: € 845,640 ▲ 70% vs 2024 (€ 496,994) Favourable step	▲ 70%
Profit after taxes	€ 1,412,557 Profit after taxes 2022: € 1,412,557 First fiscal year in the series	€ -189,737 Profit after taxes 2023: € -189,737 ▼ € 1.6 million vs 2022 (€ 1,412,557) Unfavourable step	€ -238,915 Profit after taxes 2024: € -238,915 ▼ € 49,178 vs 2023 (€ -189,737) Unfavourable step	€ 98,266 Profit after taxes 2025: € 98,266 ▲ € 337,181 vs 2024 (€ -238,915) Favourable step	▲ € 337,181
Equity	€ 4,330,730 Equity 2022: € 4,330,730 First fiscal year in the series	€ 4,140,993 Equity 2023: € 4,140,993 ▼ 4% vs 2022 (€ 4,330,730) Unfavourable step	€ 3,902,078 Equity 2024: € 3,902,078 ▼ 6% vs 2023 (€ 4,140,993) Unfavourable step	€ 4,000,344 Equity 2025: € 4,000,344 ▲ 3% vs 2024 (€ 3,902,078) Favourable step	▲ 3%
Total debts	€ 5,258,447 Total debts 2022: € 5,258,447 First fiscal year in the series	€ 5,753,880 Total debts 2023: € 5,753,880 ▲ 9% vs 2022 (€ 5,258,447) Unfavourable step	€ 6,910,266 Total debts 2024: € 6,910,266 ▲ 20% vs 2023 (€ 5,753,880) Unfavourable step	€ 10,602,139 Total debts 2025: € 10,602,139 ▲ 53% vs 2024 (€ 6,910,266) Unfavourable step	▲ 53%
Cash	€ 2,220,139 Cash 2022: € 2,220,139 First fiscal year in the series	€ 66,450 Cash 2023: € 66,450 ▼ 97% vs 2022 (€ 2,220,139) Unfavourable step	€ 49,454 Cash 2024: € 49,454 ▼ 26% vs 2023 (€ 66,450) Unfavourable step	€ 121,283 Cash 2025: € 121,283 ▲ 145% vs 2024 (€ 49,454) Favourable step	▲ 145%
Land & buildings	€ 5,449,750 Land & buildings 2022: € 5,449,750 First fiscal year in the series	€ 5,175,617 Land & buildings 2023: € 5,175,617 ▼ 5% vs 2022 (€ 5,449,750) Unchanged	€ 4,963,473 Land & buildings 2024: € 4,963,473 ▼ 4% vs 2023 (€ 5,175,617) Unchanged	€ 4,687,481 Land & buildings 2025: € 4,687,481 ▼ 6% vs 2024 (€ 4,963,473) Unchanged	▼ 6%
Retained profit	€ 4,268,730 Retained profit 2022: € 4,268,730 First fiscal year in the series	€ 4,078,993 Retained profit 2023: € 4,078,993 ▼ 4% vs 2022 (€ 4,268,730) Unfavourable step	€ 3,840,078 Retained profit 2024: € 3,840,078 ▼ 6% vs 2023 (€ 4,078,993) Unfavourable step	€ 3,938,344 Retained profit 2025: € 3,938,344 ▲ 3% vs 2024 (€ 3,840,078) Favourable step	▲ 3%
Bank debt	€ 5,178,726 Bank debt 2022: € 5,178,726 First fiscal year in the series	€ 5,478,175 Bank debt 2023: € 5,478,175 ▲ 6% vs 2022 (€ 5,178,726) Unfavourable step	€ 6,734,297 Bank debt 2024: € 6,734,297 ▲ 23% vs 2023 (€ 5,478,175) Unfavourable step	€ 10,212,469 Bank debt 2025: € 10,212,469 ▲ 52% vs 2024 (€ 6,734,297) Unfavourable step	▲ 52%
Balance sheet total	€ 9,589,177 Balance sheet total 2022: € 9,589,177 First fiscal year in the series	€ 9,894,873 Balance sheet total 2023: € 9,894,873 ▲ 3% vs 2022 (€ 9,589,177) Unchanged	€ 10,812,344 Balance sheet total 2024: € 10,812,344 ▲ 9% vs 2023 (€ 9,894,873) Unchanged	€ 14,602,483 Balance sheet total 2025: € 14,602,483 ▲ 35% vs 2024 (€ 10,812,344) Unchanged	▲ 35%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	-	-

Key figures of GIELEN, 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 GIELEN?

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

2030 Katty Jamar stepped down as director. NBB
2030 Julie Gielen stepped down as director. NBB
2030 Marc Gielen stepped down as director. NBB
Aug 28, 2026 New annual accounts for financial year 2025: profit of € 98,266. filed late Source: NBB ↗
2024 Julie Gielen became a director. NBB
2013 Katty Jamar became a director. NBB
2012 Marc Gielen became a director. NBB
Mar 22, 1989 New establishment in Sint-Truiden. KBO

In short

From € 1.4 million profit in 2022 to € 98,266 profit in 2025.

Paid € 477,704 in corporate taxes since 2022.

Best year ever: 2022, with € 1.4 million profit.

On average € 686,500 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Katty Jamar

Director

since 2013 · until 2030

Julie Gielen

Director

since 2024 · until 2030

Marc Gielen

Managing director

Also active at: DE PISTE

since 2012 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Witte-Brugstraat 5

3800 Sint-Truiden

2.042.608.380

Bedrijvenstraat 5760

3800 Sint-Truiden

Active since 22 March 1989

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

Details

Company number

0436.860.977

VAT number

BE 0436.860.977

Registered office

Witte-Brugstraat 5, 3800 Sint-Truiden

Names & denominations

GIELEN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 March 1989

Peppol

Active · Active since 22 Sept 2025

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View on CBE Public ↗ Annual accounts (NBB) ↗