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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GUNGOR from Gent, company number BE0878050928, closed financial year 2025 with a result of € -156,902 after tax. For that financial year GUNGOR recorded a gross margin of € -64,948 and equity of € -3,513. Compared with financial year 2024, the result moved from € -45,043 to € -156,902. The company made a loss. 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 May 24, 2026.
€ -3,513
▼ € 156,902 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -156,902
▼ 248 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,113.
People and assets in 2025
€ 37,444
▲ € 37,105 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 992,023
▼ 3% vs 2024
€ 21,041 is repaid this year. At this pace the long-term loan is gone in ≈ 41 years.
€ 215,262
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,566
▼ 77% 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 | € 108,553 | € 142,552 | € 54,083 | € -64,948 | ▼ € 119,031 |
| Profit after taxes | € 2,522 | € 25,957 | € -45,043 | € -156,902 | ▼ € 111,859 |
| Equity | € 172,475 | € 198,432 | € 153,389 | € -3,513 | ▼ € 156,902 |
| Total debts | € 1,607,097 | € 1,394,619 | € 1,227,374 | € 1,285,651 | ▲ 5% |
| Cash | € 15,470 | € 8,102 | € 36,838 | - | |
| Land & buildings | € 1,310,200 | € 1,276,141 | € 1,238,665 | € 1,201,189 | ▼ 3% |
| Retained profit | € 153,875 | € 177,972 | € 134,789 | € -22,113 | ▼ € 156,902 |
| Bank debt | € 1,321,625 | € 1,239,834 | € 1,018,421 | € 992,023 | ▼ 3% |
| Balance sheet total | € 1,779,572 | € 1,593,051 | € 1,380,764 | € 1,282,138 | ▼ 7% |
Key figures of GUNGOR, 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 GUNGOR?
What happened at GUNGOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 156,902. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 2,522 profit in 2022 to € 156,902 loss in 2025.
Paid € 11,065 in corporate taxes since 2022.
Best year ever: 2023, with € 25,957 profit.
Management
Behind GUNGOR is Davut Güngör.
Directors
According to the 2025 annual accounts
Davut Güngör
Bestuurder
Establishments
Establishment units
Physical locations of this company
Morekstraat 330
9032 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- GUNGÖR Davut(oprichter) 94.6%
- GÜNGÖR Erdogan(oprichter) 5.4%
Details
- Company number
- 0878.050.928
- VAT number
- BE 0878.050.928
- Registered office
- Morekstraat 330, 9032 Gent
- Names & denominations
- GUNGOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2005
- Peppol
- Active · Active since 2 Apr 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk