Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GULZIG from Gent, company number BE0563611174, closed financial year 2025 with a result of € 21,564 after tax. For that financial year GULZIG recorded a gross margin of € 105,052 and equity of € -34,066. Compared with financial year 2024, the result moved from € -39,347 to € 21,564. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 8, 2026.
€ -34,066
▲ € 21,564 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,564
▲ still € 39,347 loss in 2024
Profit after tax over the fiscal year.
€ 2,499
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -82,666.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 70,932
▼ 25% 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.
€ 1,151
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,000
▼ 78% vs 2024
Loans from banks and other lenders, long and short.
€ 70,272
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,422
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 202,053 | € 109,635 | € 69,356 | € 105,052 | ▲ 51% |
| Profit after taxes | € 38,376 | € -27,172 | € -39,347 | € 21,564 | ▲ € 60,911 |
| Equity | € 10,889 | € -16,283 | € -55,630 | € -34,066 | ▲ € 21,564 |
| Total debts | € 85,304 | € 165,407 | € 148,665 | € 97,635 | ▼ 34% |
| Cash | € 6,217 | € 1,675 | € 2,029 | € 2,499 | ▲ 23% |
| Retained profit | € -37,711 | € -64,883 | € -104,230 | € -82,666 | ▲ € 21,564 |
| Bank debt | € 40,396 | € 27,069 | € 13,434 | € 3,000 | ▼ 78% |
| Balance sheet total | € 96,193 | € 149,124 | € 93,035 | € 63,570 | ▼ 32% |
Key figures of GULZIG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to GULZIG?
What happened at GULZIG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Gent. KBO
- New annual accounts for financial year 2025: profit of € 21,564. Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,376 profit in 2022 to € 21,564 profit in 2025.
Best year ever: 2022, with € 38,376 profit.
Management
Behind GULZIG is Lars Fiers.
Directors
According to the 2025 annual accounts
Lars Fiers
Director
Establishments
Establishment units
Physical locations of this company
Gildestraat 8 box C
9000 Gent
Oude Beestenmarkt 4
9000 Gent
Active since 6 October 2014
Ham 219 box B GV2
9000 Gent
Active since 1 February 2026
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0563.611.174
- VAT number
- BE 0563.611.174
- Registered office
- Gildestraat 8 bus C, 9000 Gent
- Names & denominations
- GULZIG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2014
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Catering van evenementen
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige eetgelegenheden
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen