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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GP-WORKS from Wellen, company number BE0777751839, closed financial year 2025 with a result of € 19,293 after tax. For that financial year GP-WORKS recorded a gross margin of € 67,478 and equity of € 19,293. Compared with financial year 2024, the result moved from € 44,117 to € 19,293. The company is profitable. The buffer shrank hard: equity is 95 % 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 4, 2026.
€ 19,293
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,293
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 151,976
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 386,943 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 60,268
▼ 10% 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.
€ 16,499
▲ 286% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,810
▼ 25% 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 | € 364,866 | € 139,454 | € 81,849 | € 67,478 | ▼ 18% |
| Profit after taxes | € 278,528 | € 64,298 | € 44,117 | € 19,293 | ▼ 56% |
| Equity | € 278,528 | € 342,826 | € 386,943 | € 19,293 | ▼ 95% |
| Total debts | € 92,050 | € 64,625 | € 42,942 | € 376,550 | ▲ € 333,607 |
| Cash | € 173,153 | € 34,182 | € 100,747 | € 151,976 | ▲ 51% |
| Land & buildings | - | € 154,083 | € 151,336 | € 142,671 | ▼ 6% |
| Retained profit | € 278,528 | € 342,826 | € 386,943 | € 19,293 | ▼ 95% |
| Dividend | € 0 | € 0 | € 0 | € 386,943 | |
| Balance sheet total | € 370,578 | € 407,450 | € 429,885 | € 395,843 | ▼ 8% |
Key figures of GP-WORKS, 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 GP-WORKS?
What happened at GP-WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,293 (▼ 56% vs 2024). filed late Source: NBB ↗
- Ponet Gunther became a director. NBB
- New establishment in Wellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 278,528 profit in 2022 to € 19,293 profit in 2025.
Paid € 126,620 in corporate taxes since 2022.
Best year ever: 2022, with € 278,528 profit.
Paid out € 386,943 in dividends to the owners in total.
Management
Behind GP-WORKS is Ponet Gunther . It owns Horta Wellen and Elitepools itself.
Directors
According to the 2025 annual accounts
Ponet Gunther
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Herstalstraat 20 box A
3830 Wellen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.751.839
- VAT number
- BE 0777.751.839
- Registered office
- Herstalstraat 20 bus A, 3830 Wellen
- Names & denominations
- GP-WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2021
- Peppol
- Active · Active since 10 Dec 2021
- Activities · NACE
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