ACTIVE

GELUK

Financial year 2024 · closed on 31/12/2024
Net result
-28,6 k €
-479.9% YoY
Gross margin
225 k €
-9.2% YoY
Equity
2,7 M €
-1.1% YoY

What does GELUK do?

GELUK is a Public limited company incorporated in 1988. Its main activity is: Growing of cereals (except rice), leguminous crops and oil seeds. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.198.319
Incorporation
01/09/1988
Legal form
Public limited company
Registered office
Kleine Duddegemstraat 30
9051 Gent · FlandreSee on map
Contributed capital
616 821,94 €
Latest accounts
31/12/2024
Joint committees (1)
  • 323
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin225 k €247,6 k €266,1 k €367,1 k €1,3 M €
EBITDA181,4 k €207,1 k €163,4 k €257,2 k €1,2 M €1,3 M €293,5 k €567,5 k €260,5 k €344,4 k €345,3 k €208,3 k €269,4 k €279,2 k €350,5 k €401,4 k €775,8 k €363,1 k €
Operating result55,7 k €72,6 k €27 k €125,5 k €1,1 M €1,2 M €204,6 k €416 k €100,8 k €181,8 k €189,6 k €57,8 k €112,5 k €124,7 k €182,9 k €206,3 k €602 k €253,7 k €
Net result-28,6 k €-4,9 k €-39,8 k €28,6 k €991,3 k €936,9 k €-15,1 k €150,3 k €-138,4 k €-71,7 k €-51,2 k €-166,3 k €-98,3 k €-64,8 k €-12,3 k €-55,8 k €235,2 k €51,7 k €
Balance sheet
Equity2,7 M €2,7 M €2,7 M €2,8 M €2,7 M €4,2 M €3,4 M €3,4 M €3,3 M €3,4 M €957,3 k €1 M €1,2 M €1,3 M €1,3 M €1,4 M €1,4 M €1,2 M €
Total assets9,4 M €9,6 M €9,4 M €9,3 M €9,5 M €9,7 M €9,7 M €8,5 M €8,3 M €8,3 M €6 M €6 M €6,2 M €5,4 M €5,7 M €6,5 M €5,3 M €4,4 M €
Cash12,3 k €5 k €49,3 k €14 k €12,3 k €57,3 k €112,7 k €5,9 k €7,2 k €63 k €16 k €14,2 k €2,2 k €47,1 k €4 k €6,3 k €
Debts6,7 M €6,8 M €6,7 M €6,5 M €6,8 M €5,5 M €5,5 M €4,3 M €4,2 M €4,1 M €4,1 M €4 M €4 M €3 M €3,1 M €3,9 M €2,7 M €2 M €
Other
Workforce0,0 ETP0,7 ETP0,8 ETP0,8 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Geert Declercq

Director · since 31 janvier 2020 · until 31 janvier 2026

Active
Jolien Declercq

Director · since 31 janvier 2020 · until 31 janvier 2026

Active
Karine Merchiers

Director · since 31 janvier 2020 · until 31 janvier 2026

Active

Ended mandates

Jolien Declercq

Director · since 31 janvier 2020 · until 31 décembre 2026

Ended
Geert Declercq

Mandate

Ended
Geert Declercq

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Declercq GelukActive
0723.564.372
Declercq VleesActive
0723.565.362
LATEMActive
0802.618.877
T.N.Y. - TRANSActive
0464.260.806
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202509/08/202408/08/202319/07/202228/07/202117/07/2020
General meeting25/04/202526/04/202428/04/202329/04/202230/04/202124/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202425/04/202531/07/2025DutchPDF
Abridged model31/12/202326/04/202409/08/2024DutchPDF
Abridged model31/12/202228/04/202308/08/2023DutchPDF
Abridged model31/12/202129/04/202219/07/2022DutchPDF
Abridged model31/12/202030/04/202128/07/2021DutchPDF
Abridged model31/12/201924/04/202017/07/2020DutchPDF
Full model31/12/201826/04/201927/08/2019DutchPDF
Full model31/12/201727/04/201826/07/2018DutchPDF
Full model31/12/201628/04/201714/07/2017DutchPDF
Full model31/12/201529/04/201604/07/2016DutchPDF
Full modelCorrection31/12/201425/09/201508/10/2015DutchPDF
Full model31/12/201424/04/201514/07/2015DutchPDF
Full model31/12/201325/04/201425/08/2014DutchPDF
Full model31/12/201226/04/201327/06/2013DutchPDF
Full model31/12/201127/04/201218/07/2012DutchPDF
Full model31/12/201029/04/201129/06/2011DutchPDF
Full model31/12/200930/04/201026/07/2010DutchPDF
Full model31/12/200824/04/200923/07/2009DutchPDF
Full model31/12/200725/04/200817/07/2008DutchPDF
Full model31/12/200627/04/200727/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 3 ended

Active mandates

Geert Declercq

Director · since 31 janvier 2020 · until 31 janvier 2026

Active
Jolien Declercq

Director · since 31 janvier 2020 · until 31 janvier 2026

Active
Karine Merchiers

Director · since 31 janvier 2020 · until 31 janvier 2026

Active

Ended mandates

Jolien Declercq

Director · since 31 janvier 2020 · until 31 décembre 2026

Ended
Geert Declercq

Mandate

Ended
Geert Declercq

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/01/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office23/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/02/2022
    DIVERSEN
    PDF
  • Restructuring21/02/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/12/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring29/11/2018
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/08/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-28,6 k €
  2. 2023
    Annual accounts 2023-4,9 k €
  3. 2022
    Annual accounts 2022-39,8 k €
  4. 2021
    Annual accounts 202128,6 k €
  5. 2019
    Annual accounts 2019991,3 k €
  6. 2018
    Annual accounts 2018936,9 k €
  7. 2017
    Annual accounts 2017-15,1 k €
  8. 2016
    Annual accounts 2016150,3 k €
  9. 2015
    Annual accounts 2015-138,4 k €
  10. 2014
    Annual accounts 2014-71,7 k €
  11. 2013
    Annual accounts 2013-51,2 k €
  12. 2012
    Annual accounts 2012-166,3 k €
  13. 2011
    Annual accounts 2011-98,3 k €
  14. 2010
    Annual accounts 2010-64,8 k €
  15. 2009
    Annual accounts 2009-12,3 k €
  16. 2008
    Annual accounts 2008-55,8 k €
  17. 2007
    Annual accounts 2007235,2 k €
  18. 2006
    Annual accounts 200651,7 k €
  19. 01/09/1988
    IncorporationPublic limited company