Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022, 2023.
Financials
Financial year 2025
GSL-BULLMAN from Charleroi, company number BE0476705312, closed financial year 2025 with a result of € -231,757 after tax. For that financial year GSL-BULLMAN recorded revenue of € 37.7 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 78,037 to € -231,757. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 1.1 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -231,757
▼ still € 78,037 profit in 2024
Profit after tax over the fiscal year.
€ 142,870
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 774,904.
People and assets in 2025
28.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 4% vs 2024
€ 66,700 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.
€ 22,704
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9.3 million
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 93 days on average.
€ 236,991
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,723,640 | € 38,854,817 | € 42,889,244 | € 37,744,257 | ▼ 12% |
| Profit after taxes | € 294,614 | € 128,785 | € 78,037 | € -231,757 | ▼ € 309,794 |
| Equity | € 1,116,091 | € 1,244,875 | € 1,322,912 | € 1,091,155 | ▼ 18% |
| Total debts | € 9,762,726 | € 13,637,813 | € 17,160,608 | € 11,352,115 | ▼ 34% |
| Cash | € 1,515,856 | € 812,648 | € 136,894 | € 142,870 | ▲ 4% |
| Land & buildings | € 61,566 | € 87,514 | € 81,413 | € 73,203 | ▼ 10% |
| Retained profit | € 799,840 | € 928,624 | € 1,006,661 | € 774,904 | ▼ 23% |
| Balance sheet total | € 10,878,816 | € 14,882,688 | € 18,483,520 | € 12,443,270 | ▼ 33% |
| Employees (FTE) | 26.5 | 30.7 | 27.4 | 28.5 | ▲ 1.1 |
Key figures of GSL-BULLMAN, 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 GSL-BULLMAN?
What happened at GSL-BULLMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SARA GOEYENS stepped down as director. NBB
- LARA GOEYENS stepped down as director. NBB
- CHANTAL WILMART stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 231,757 (▼ € 309,794 vs 2024). Source: NBB ↗
- SARA GOEYENS became a director. NBB
- LARA GOEYENS became a director. NBB
- CHANTAL WILMART became a director. NBB
- Gustave GOEYENS stepped down as director. NBB
In short
From € 294,614 profit in 2022 to € 231,757 loss in 2025.
Paid € 212,470 in corporate taxes since 2022.
Best year ever: 2022, with € 294,614 profit.
Pays suppliers within 93 days on average.
A new publication or filing at GSL-BULLMAN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GOEYENS FINANCES, GSL Dreams comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GSL-BULLMANThe shares are held by GOEYENS FINANCES (100%) and GSL Dreams (97.7%). It owns 0.3% of GSL Dreams itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2032
LARA GOEYENS
Director
Also active at: Garage de la Collégiale, Etablissements Devergnies, Bullman SA, STADE-INTER-SERVICES, RENAULT LODELINSART, CARROSSERIE RENAULT, GSL PROXICAR, RENAULT PHILIPPEVILLE +12 more
since 2026 · until 2032
Gustave GOEYENS
Managing director
Also active at: Etablissements Devergnies, Bullman SA, Inducom, Etablissements Gustave Goyens, Immobilière de Maire, COBELUX, STADE-INTER-SERVICES, RENAULT LODELINSART +16 more
since 2021 · until 2026
CHANTAL WILMART
Managing director
Also active at: Etablissements Devergnies, Bullman SA, COBELUX, STADE-INTER-SERVICES, RENAULT LODELINSART, CARROSSERIE RENAULT, GSL CHARLEROI, A.G. IMMO +13 more
since 2026 · until 2032
Shareholders
100%
97.7%
Participations
0.3%
Establishments
Establishment units
Physical locations of this company
Route de Philippeville 113
6010 Charleroi
Chaussée de Bruxelles 177
6020 Charleroi
Active since 1 July 2021
Avenue Pastur 24
6001 Charleroi
Active since 1 July 2021
Leuvensesteenweg 398
1932 Zaventem
Active since 1 July 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Bullman SA same network
€ 30.4 million revenue · 2025
STADE-INTER-SERVICES same network
€ 2 million revenue · 2025
GSL Dreams same network
€ 14.6 million revenue · 2025
Association des Copropriétaires Résidence route de Philippeville 113 à Couillet
Association des Copropriétaires Résidence Val de Sambre à Couillet route de Philippeville 113
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.705.312
- VAT number
- BE 0476.705.312
- Registered office
- Route de Philippeville 113, 6010 Charleroi
- Names & denominations
- GSL-BULLMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2002
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Managementactiviteiten van holdings
Holdings
Activiteiten van holdings
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