ACTIVE

GUNES

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Financial year 2024 · closed on 31/12/2024

Net result

-223,7 k €

-114.4% YoY

Gross margin

702,9 k €

+70.7% YoY

Equity

12,4 M €

-1.8% YoY

Workforce

4,8 ETP

-11.1% YoY

What does GUNES do?

GUNES is a Private limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Molenbeek-Saint-Jean. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.135.577

Incorporation

26/05/1999

Legal form

Private limited company

Registered office

Rue Delaunoy 114
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

5 000 000,00 €

Latest accounts

31/12/2024

Average workforce

4,8 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 70322Activities of head offices; management consultancy activities 81100Combined facilities support activities 81100Combined facilities support activities 68201Rental and operating of own or leased real estate+5

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	702,9 k €	+70.7%	411,8 k €	-17.0%	496,1 k €	+7.4%	462,1 k €	+36.3%	339 k €	+226%	-268,4 k €	-186%	311,7 k €	+1.2%	307,9 k €	+6.5%	289,2 k €	+11.7%	258,9 k €	+59.6%	162,3 k €	-15.8%	192,7 k €	+79.0%	107,7 k €	-9.8%	119,4 k €	-19.9%	149 k €	+17.2%	127,2 k €	-15.6%	150,6 k €	-29.9%	214,7 k €	+92.4%	111,6 k €
EBITDA	365,8 k €	+542%	57 k €	-76.8%	245,3 k €	+13.3%	216,4 k €	-34.2%	329,1 k €	+218%	-279,7 k €	-193%	302 k €	+3.1%	293,1 k €	+7.0%	273,9 k €	+11.0%	246,7 k €	+67.2%	147,5 k €	-15.9%	175,5 k €	+83.5%	95,6 k €	+82.1%	52,5 k €	-62.0%	138,1 k €	+16.4%	118,6 k €	-15.9%	141,1 k €	-31.7%	206,5 k €	+99.9%	103,3 k €
Operating result	56,4 k €	+133%	-172 k €	-634%	32,2 k €	+477%	5,6 k €	-94.3%	98,5 k €	+118%	-533,1 k €	-1671%	33,9 k €	+36.0%	25 k €	+320%	5,9 k €	-96.4%	163,8 k €	+120%	74,5 k €	-23.8%	97,8 k €	+318%	23,4 k €	+219%	-19,7 k €	-130%	65,9 k €	+42.0%	46,4 k €	-32.5%	68,8 k €	-49.1%	135,1 k €	+38487%	350 €
Net result	-223,7 k €	-114%	1,6 M €	-15.2%	1,8 M €	-65.0%	5,2 M €	+3776%	135,1 k €	+119%	-712,2 k €	-429%	-134,7 k €	+34.8%	-206,7 k €	-25.5%	-164,7 k €	-340%	68,6 k €	+245%	19,9 k €	-59.0%	48,6 k €	+303%	-24 k €	+63.0%	-64,8 k €	-273%	37,4 k €	+180%	13,4 k €	-29.1%	18,9 k €	-88.1%	158,8 k €	+327%	-69,9 k €
Balance sheet
Equity	12,4 M €	-1.8%	12,6 M €	+14.1%	11 M €	+19.9%	9,2 M €	+132%	4 M €	+3.5%	3,8 M €	-15.7%	4,5 M €	-2.9%	4,7 M €	-4.2%	4,9 M €	+1361%	334,3 k €	+25.8%	265,7 k €	+8.1%	245,8 k €	+24.7%	197,1 k €	-10.9%	221,1 k €	-22.7%	285,9 k €	+15.0%	248,5 k €	+5.7%	235,2 k €	+2.8%	228,7 k €	+248%	-154,9 k €
Total assets	19,4 M €	-5.8%	20,5 M €	+2.5%	20 M €	+7.8%	18,6 M €	+38.1%	13,5 M €	+10.4%	12,2 M €	-15.4%	14,4 M €	-2.3%	14,8 M €	+10.9%	13,3 M €	+209%	4,3 M €	+102%	2,1 M €	+19.0%	1,8 M €	+3.6%	1,7 M €	-0.7%	1,7 M €	+37.1%	1,3 M €	-3.8%	1,3 M €	-3.3%	1,4 M €	-2.5%	1,4 M €	+8.8%	1,3 M €
Cash	80,8 k €	+9.1%	74,1 k €	+106%	35,9 k €	-70.9%	123,5 k €	+484%	21,1 k €	-87.6%	171 k €	+67.5%	102,1 k €	-42.5%	177,6 k €		–		20,5 €	-99.9%	31 k €	-56.4%	71 k €	+3217%	2,1 k €	-66.7%	6,4 k €	+349%	1,4 k €	-0.9%	1,4 k €	-85.2%	9,8 k €	-78.3%	45 k €	+40.4%	32,1 k €
Debts	7 M €	-12.1%	7,9 M €	-11.8%	9 M €	-4.1%	9,4 M €	-1.1%	9,5 M €	+18.8%	8 M €	-16.7%	9,6 M €	-2.9%	9,9 M €	+17.6%	8,4 M €	+113%	4 M €	+119%	1,8 M €	+20.9%	1,5 M €	+0.5%	1,5 M €	-1.7%	1,5 M €	+53.8%	982,3 k €	-7.4%	1,1 M €	-5.1%	1,1 M €	-3.7%	1,2 M €	-19.2%	1,4 M €
Other
Workforce	4,8 ETP	-11.1%	5,4 ETP	+35.0%	4,0 ETP	+5.3%	3,8 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 · 1 active · 4 ended

Active mandates

Ilyas MUTLU

Mandate

Active

Ended mandates

Ilyas MUTLU

Manager · since 10 août 2007

Ended

Ilyas MUTLU

Director

Ended

Ilyas MUTLU

Manager

Ended

Sabo MUTLU

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ANCIENS ETABLISSEMENTS RENE WATTEAU● Active	0462.412.361

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/07/2025	20/09/2024	28/07/2023	15/07/2022	05/08/2021	25/06/2020
General meeting	27/06/2025	19/09/2024	06/07/2023	05/07/2022	22/07/2021	01/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	27/06/2025	09/07/2025	French	PDF
Abridged model	31/12/2023	19/09/2024	20/09/2024	French	PDF
Abridged model	31/12/2022	06/07/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	05/07/2022	15/07/2022	French	PDF
Abridged model	31/12/2020	22/07/2021	05/08/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	25/06/2020	French	PDF
Micro model	31/12/2018	21/06/2019	30/08/2019	French	PDF
Micro model	31/12/2017	17/06/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	27/09/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	30/08/2016	French	PDF
Abridged model	15/11/2014	15/05/2015	15/06/2015	French	PDF
Abridged model	15/11/2013	10/04/2014	30/04/2014	French	PDF
Abridged model	15/11/2012	11/04/2013	30/04/2013	French	PDF
Abridged model	15/11/2011	12/04/2012	01/05/2012	French	PDF
Abridged model	15/11/2010	10/04/2011	04/05/2011	French	PDF
Abridged model	15/11/2009	15/04/2010	01/06/2010	French	PDF
Abridged model	15/11/2008	15/05/2009	08/07/2009	French	PDF
Abridged model	15/11/2007	30/06/2008	28/07/2008	French	PDF
Abridged model	15/11/2006	30/06/2007	30/07/2007	French	PDF

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 · 1 active · 4 ended

Active mandates

Ilyas MUTLU

Mandate

Active

Ended mandates

Ilyas MUTLU

Manager · since 10 août 2007

Ended

Ilyas MUTLU

Director

Ended

Ilyas MUTLU

Manager

Ended

Sabo MUTLU

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring22/07/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring05/01/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates19/11/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Restructuring13/02/2017
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Capital / shares25/05/2016
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Restructuring06/04/2016
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Other01/12/2015
ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Registered office24/07/2009
Transfert du siège social -
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

2024
Annual accounts 2024-223,7 k €↓
2023
Annual accounts 20231,6 M €↓
2022
Annual accounts 20221,8 M €↓
2021
Annual accounts 20215,2 M €↑
2020
Annual accounts 2020135,1 k €↑
2019
Annual accounts 2019-712,2 k €↓
2018
Annual accounts 2018-134,7 k €↑
2017
Annual accounts 2017-206,7 k €↓
2016
Annual accounts 2016-164,7 k €↓
2015
Annual accounts 201568,6 k €↑
2014
Annual accounts 201419,9 k €↓
2013
Annual accounts 201348,6 k €↑
2012
Annual accounts 2012-24 k €↑
2011
Annual accounts 2011-64,8 k €↓
2010
Annual accounts 201037,4 k €↑
2009
Annual accounts 200913,4 k €↓
2008
Annual accounts 200818,9 k €↓
2007
Annual accounts 2007158,8 k €↑
2006
Annual accounts 2006-69,9 k €
26/05/1999
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

GUNES

Overview

What does GUNES do?

Trend over 19 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