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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GL-GU from Gistel, company number BE0541546347, closed financial year 2025 with a result of € -18,321 after tax. For that financial year GL-GU recorded a gross margin of € -12,838 and equity of € 16,115. Compared with financial year 2024, the result moved from € -617 to € -18,321. The company made a loss. The buffer shrank hard: equity is 53 % 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 28, 2026.
€ 16,115
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,321
▼ 2868 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,494
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,485.
People and assets in 2025
€ 351
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,610
▼ 6% vs 2024
€ 2,224 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 24,769
▲ 122% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,089 | € 10,537 | € 3,563 | € -12,838 | ▼ € 16,401 |
| Profit after taxes | € -12,047 | € 5,649 | € -617 | € -18,321 | ▼ € 17,704 |
| Equity | € 29,404 | € 35,054 | € 34,436 | € 16,115 | ▼ 53% |
| Total debts | € 109,952 | € 104,875 | € 92,575 | € 116,251 | ▲ 26% |
| Cash | € 5,548 | € 17,115 | € 13,709 | € 7,494 | ▼ 45% |
| Land & buildings | € 75,644 | € 74,669 | € 73,694 | € 72,719 | ▼ 1% |
| Retained profit | € 10,804 | € 16,454 | € 15,836 | € -2,485 | ▼ € 18,321 |
| Bank debt | € 42,280 | € 39,734 | € 37,726 | € 35,610 | ▼ 6% |
| Balance sheet total | € 139,357 | € 139,928 | € 127,011 | € 132,367 | ▲ 4% |
Key figures of GL-GU, 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 GL-GU?
What happened at GL-GU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,321. filed late Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,047 loss in 2022 to € 18,321 loss in 2025.
Best year ever: 2023, with € 5,649 profit.
Management
Behind GL-GU are Gerrit Doom, Gulliver Doom and Glenn Doom. Gerrit Doom is also behind DOOM GERRIT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ellestraat 20/0001
8470 Gistel
Ellestraat 20
8470 Gistel
Active since 28 October 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0541.546.347
- VAT number
- BE 0541.546.347
- Registered office
- Ellestraat 20/0001, 8470 Gistel
- Names & denominations
- GL-GU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2013
- Peppol
- Active · Active since 19 Jun 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Goederenvervoer over de weg
Landschapsverzorging