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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GULE from Zottegem, company number BE0630736659, closed financial year 2025 with a result of € 43,979 after tax. For that financial year GULE recorded a gross margin of € 89,718 and equity of € 147,927. Compared with financial year 2024, the result moved from € 36,815 to € 43,979. 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 June 25, 2026.
€ 147,927
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,979
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 45,824
▲ 72% 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 € 129,327.
People and assets in 2025
€ 473
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 293,970
▼ 15% vs 2024
€ 48,614 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,169
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,725
▲ 74% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 91,181 | € 83,861 | € 97,069 | € 89,718 | ▼ 8% |
| Profit after taxes | € 22,028 | € 25,745 | € 36,815 | € 43,979 | ▲ 19% |
| Equity | € 42,488 | € 68,233 | € 103,948 | € 147,927 | ▲ 42% |
| Total debts | € 539,618 | € 554,136 | € 543,006 | € 496,708 | ▼ 9% |
| Cash | € 27,442 | € 8,442 | € 26,675 | € 45,824 | ▲ 72% |
| Retained profit | € 23,888 | € 49,633 | € 85,348 | € 129,327 | ▲ 52% |
| Dividend | € 76,683 | € 0 | € 1,100 | € 0 | ▼ 100% |
| Bank debt | € 395,474 | € 405,073 | € 346,595 | € 293,970 | ▼ 15% |
| Balance sheet total | € 582,106 | € 622,368 | € 646,954 | € 644,635 |
Key figures of GULE, 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 GULE?
What happened at GULE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,979 (▲ 19% vs 2024). Source: NBB ↗
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
- Günther Taelman became a director. NBB
In short
From € 22,028 profit in 2022 to € 43,979 profit in 2025.
Paid € 49,362 in corporate taxes since 2022.
Best year ever: 2025, with € 43,979 profit.
Paid out € 77,783 in dividends to the owners in total.
Management
Behind GULE is Günther Taelman. Günther Taelman is also behind Günther-Olivier.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Elenestraat 46
9620 Zottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0630.736.659
- VAT number
- BE 0630.736.659
- Registered office
- Elenestraat 46, 9620 Zottegem
- Names & denominations
- GULE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 2015
- Peppol
- Active · Active since 20 Sept 2025
- Activities · NACE
Catering van evenementen
Activiteiten van holdings
Holdings