ACTIVE

Gilbert Nulens

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Financial year 2025 · closed on 31/12/2025

Net result

37,5 k €

-62.6% YoY

Gross margin

90,7 k €

-46.0% YoY

Equity

2,2 M €

+1.8% YoY

What does Gilbert Nulens do?

Gilbert Nulens is a Private limited company incorporated in 1997. Its main activity is: Management consultancy activities. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.763.361

Incorporation

29/05/1997

Legal form

Private limited company

Registered office

Bieststraat 2
3500 Hasselt · FlandreSee on map

Contributed capital

106 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	90,7 k €	-46.0%	167,9 k €	+1156%	13,4 k €	-72.4%	48,4 k €	+32.8%	36,4 k €	-71.1%	125,9 k €	-68.3%	396,8 k €	+34.3%	295,5 k €	+302%	73,5 k €	-22.6%	94,9 k €	-90.7%	1 M €	+1105%	84,8 k €	-15.2%	100 k €	-45.7%	184,3 k €	+97.1%	93,5 k €	-12.2%	106,5 k €	+22.9%	86,6 k €	-5.7%	91,9 k €	+212%	-81,7 k €	-223%	66,5 k €
EBITDA	88,4 k €	-46.9%	166,5 k €	+1391%	11,2 k €	-71.9%	39,7 k €	+11.9%	35,5 k €	-71.6%	125 k €	-68.4%	395,7 k €	+36.0%	290,9 k €	+313%	70,5 k €	-17.0%	84,9 k €	-91.7%	1 M €	+1184%	79,4 k €	-16.6%	95,2 k €	-45.7%	175,5 k €	+97.2%	89 k €	-7.9%	96,6 k €	+22.5%	78,8 k €	-7.7%	85,4 k €	+202%	-83,5 k €	-230%	64 k €
Operating result	64,7 k €	-60.3%	162,9 k €	+10571%	1,5 k €	-94.8%	29,6 k €	+31.8%	22,5 k €	-79.9%	112 k €	-70.6%	381,2 k €	+36.0%	280,3 k €	+644%	37,7 k €	+49.9%	25,1 k €	-97.4%	981 k €	+3480%	27,4 k €	-38.1%	44,2 k €	-63.6%	121,7 k €	+358%	26,5 k €	-21.2%	33,7 k €	+115%	15,6 k €	-21.8%	20 k €	+114%	-142,1 k €	-1385%	11,1 k €
Net result	37,5 k €	-62.6%	100,3 k €	+2914%	-3,6 k €	-139%	9,1 k €	+89.8%	4,8 k €	-92.6%	65,4 k €	-74.0%	251,3 k €	+19.6%	210,2 k €	+1231%	15,8 k €	+135%	6,7 k €	-98.9%	635,1 k €	+14022%	4,5 k €	-80.8%	23,4 k €	-73.8%	89,4 k €	+144%	36,7 k €	-84.2%	231,5 k €	+9229%	2,5 k €	-79.0%	11,8 k €	+108%	-156,4 k €	-568%	33,4 k €
Balance sheet
Equity	2,2 M €	+1.8%	2,1 M €	-14.6%	2,5 M €	-0.1%	2,5 M €	+0.4%	2,5 M €	+0.2%	2,5 M €	+2.7%	2,4 M €	+11.7%	2,1 M €	+10.8%	1,9 M €	+0.8%	1,9 M €	+83.7%	1 M €	+154%	411,3 k €	+1.1%	406,8 k €	+6.1%	383,4 k €	+30.4%	294 k €	+14.3%	257,3 k €	+896%	25,8 k €	+10.6%	23,3 k €	+102%	11,6 k €	-93.1%	167,9 k €
Total assets	3,3 M €	-14.1%	3,9 M €	-18.5%	4,8 M €	+24.1%	3,8 M €	+0.5%	3,8 M €	+0.4%	3,8 M €	+1.5%	3,7 M €	+4.8%	3,6 M €	+46.6%	2,4 M €	+1.1%	2,4 M €	+44.1%	1,7 M €	+104%	818,4 k €	+28.5%	636,7 k €	+12.0%	568,4 k €	-24.0%	748,4 k €	+2.2%	732,2 k €	+22.6%	597,1 k €	+15.2%	518,1 k €	-23.3%	675,6 k €	-43.4%	1,2 M €
Cash	449,8 k €	+40.6%	320 k €	-54.9%	710,3 k €	-26.6%	967,4 k €	-31.7%	1,4 M €	+69.8%	834,1 k €	-26.3%	1,1 M €	+67.8%	674,1 k €	-54.7%	1,5 M €	-11.4%	1,7 M €	+947%	160,4 k €	+4247%	3,7 k €	-96.2%	96,1 k €	-47.4%	182,7 k €	+396%	36,8 k €	+6165%	587,9 €	-64.3%	1,6 k €	+88.9%	871 €	-98.3%	50,1 k €	-57.5%	117,9 k €
Debts	1,2 M €	-33.1%	1,8 M €	-22.6%	2,3 M €	+68.5%	1,4 M €	+0.6%	1,3 M €	+1.2%	1,3 M €	-0.5%	1,3 M €	-5.7%	1,4 M €	+193%	484,6 k €	+3.0%	470,3 k €	-22.4%	606,1 k €	+54.8%	391,6 k €	+80.1%	217,4 k €	+17.5%	185 k €	-59.3%	454,4 k €	-4.3%	474,9 k €	-16.9%	571,2 k €	+15.5%	494,8 k €	-25.5%	664 k €	-35.2%	1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Gilbert Nulens

Director · since 15 mai 1997

Active

Ended mandates

Gilbert Nulens

Director

Ended

GILBERT NULENS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
E I G IMMO● Active	0478.195.845
G-CUBE IMMO● Active	0832.099.355
G EN G IMMO● Active	0723.938.714
IMMO SAVE● Active	0536.192.739
JANICK● Active	0417.161.762
Nulens & Knight● Active	0800.934.443

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/07/2026	31/08/2025	26/07/2024	28/07/2023	26/07/2022	30/07/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	09/06/2026	28/07/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2023	11/06/2024	26/07/2024	Dutch	PDF
Micro model	31/12/2022	13/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	14/06/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	08/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	31/07/2019	Dutch	PDF
Micro model	31/12/2017	12/06/2018	25/07/2018	Dutch	PDF
Micro model	31/12/2016	13/06/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	08/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	19/08/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025 · 1 active · 2 ended

Active mandates

Gilbert Nulens

Director · since 15 mai 1997

Active

Ended mandates

Gilbert Nulens

Director

Ended

GILBERT NULENS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Restructuring02/01/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/09/2016
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office02/12/2003
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202537,5 k €↓
2024
Annual accounts 2024100,3 k €↑
2023
Annual accounts 2023-3,6 k €↓
2022
Annual accounts 20229,1 k €↑
2021
Annual accounts 20214,8 k €↓
2020
Annual accounts 202065,4 k €↓
2019
Annual accounts 2019251,3 k €↑
2018
Annual accounts 2018210,2 k €↑
2017
Annual accounts 201715,8 k €↑
2016
Annual accounts 20166,7 k €↓
2015
Annual accounts 2015635,1 k €↑
2014
Annual accounts 20144,5 k €↓
2013
Annual accounts 201323,4 k €↓
2012
Annual accounts 201289,4 k €↑
2011
Annual accounts 201136,7 k €↓
2010
Annual accounts 2010231,5 k €↑
2009
Annual accounts 20092,5 k €↓
2008
Annual accounts 200811,8 k €↑
2007
Annual accounts 2007-156,4 k €↓
2006
Annual accounts 200633,4 k €
29/05/1997
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Gilbert Nulens

Overview

What does Gilbert Nulens do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline