NORMAL SITUATION

GELU

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Company — Normal situation.

Financial year 2025 · Closed on 26/03/2025

Net result0 €-100,0 %over 1 year
Gross margin0 €-100,0 %over 1 year
Equity424,5 k €0,0 %over 1 year

Identity

Source · BCE/KBO

GELU is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0472.020.707
Legal form
Private limited company
Contributed capital
88 800,02 €
Latest accounts
26/03/2025
Signals
Solid equity

Financials

Source · NBB, 26 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin0 €23,5 k €6,9 k €56,6 k €109,9 k €
EBITDA0 €18,6 k €5 k €54,2 k €107,9 k €
Operating result0 €18,6 k €655,6 €49,1 k €94,5 k €
Net result0 €20,9 k €-26,2 €36,5 k €55,9 k €
Balance sheet
Equity424,5 k €424,5 k €403,7 k €403,7 k €367,2 k €
Total assets424,5 k €441,4 k €409 k €420,9 k €386 k €
Cash73,8 k €90,8 k €121,9 k €144,3 k €224,3 k €
Debts0 €16,9 k €5,2 k €17,2 k €18,8 k €

Board of directors

Source · NBB, accounts to 26/03/2025

2 active · 4 ended

Active mandates

MARLEEN VAES

Director · since 04 avril 2017

Active
PATRICK WESTELINCK

Director · since 30 décembre 2004

Active

Ended mandates

Marleen Vaes

Director

Ended
Marleen Vaes

Manager

Ended
Patrick Westelinck

Director

Ended
Patrick Westelinck

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year26/03/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year3 months12 months12 months12 months12 months12 months
Filing date13/05/202514/05/202501/07/202406/07/202313/07/202203/08/2021
General meeting26/03/202516/02/202528/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 26 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model26/03/202526/03/202513/05/2025DutchPDF
Micro model31/12/202416/02/202514/05/2025DutchPDF
Micro model31/12/202328/06/202401/07/2024DutchPDF
Micro model31/12/202230/06/202306/07/2023DutchPDF
Micro model31/12/202130/06/202213/07/2022DutchPDF
Micro model31/12/202030/06/202103/08/2021DutchPDF
Micro model31/12/201923/06/202004/09/2020DutchPDF
Micro model31/12/201829/06/201928/08/2019DutchPDF
Micro model31/12/201710/04/201822/08/2018DutchPDF
Micro model31/12/201611/04/201725/08/2017DutchPDF
Abridged model31/12/201512/04/201611/08/2016DutchPDF
Abridged model31/12/201414/04/201526/06/2015DutchPDF
Abridged model31/12/201308/04/201428/08/2014DutchPDF
Abridged model31/12/201209/04/201310/10/2013DutchPDF
Abridged model31/12/201110/04/201227/09/2012DutchPDF
Abridged model31/12/201012/04/201118/05/2011DutchPDF
Abridged model31/12/200913/04/201031/08/2010DutchPDF
Abridged model31/12/200814/04/200909/07/2009DutchPDF
Abridged model31/12/200708/04/200823/05/2008DutchPDF
Abridged model31/12/200610/04/200730/05/2007DutchPDF
Abridged model31/12/200511/04/200622/06/2006DutchPDF
Abridged model31/12/200412/04/200525/11/2005DutchPDF
Abridged model31/12/200313/04/200430/04/2004DutchPDF
Abridged model31/12/200208/04/200324/04/2003DutchPDF
Abridged model31/12/200109/04/200207/05/2002DutchPDF
Abridged model31/12/200010/04/200113/04/2001DutchPDF

Indicative valuation

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.

Board of directors

Source · NBB, accounts to 26/03/2025

2 active · 4 ended

Active mandates

MARLEEN VAES

Director · since 04 avril 2017

Active
PATRICK WESTELINCK

Director · since 30 décembre 2004

Active

Ended mandates

Marleen Vaes

Director

Ended
Marleen Vaes

Manager

Ended
Patrick Westelinck

Director

Ended
Patrick Westelinck

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution23/04/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates23/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates29/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/07/2005
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20250 €↓
  2. 2025
    Name changeGELU in vereffening
  3. 2024
    Annual accounts 202420,9 k €↑
  4. 2023
    Annual accounts 2023-26,2 €↓
  5. 2022
    Annual accounts 202236,5 k €↓
  6. 2021
    Annual accounts 202155,9 k €↓
  7. 2021
    Name changeGELU
  8. 2020
    Annual accounts 202064,8 k €↑
  9. 2019
    Annual accounts 201954,7 k €↑
  10. 2018
    Annual accounts 201825,4 k €↑
  11. 2017
    Annual accounts 201716,8 k €↓
  12. 2016
    Annual accounts 201644,7 k €↑
  13. 2015
    Annual accounts 201526,9 k €↓
  14. 2014
    Annual accounts 201435,3 k €↑
  15. 2013
    Annual accounts 2013-2,6 k €↓
  16. 2012
    Annual accounts 20128,5 k €↓
  17. 2011
    Annual accounts 201115,4 k €↓
  18. 2010
    Annual accounts 201017,1 k €↓
  19. 2009
    Annual accounts 200923,4 k €↑
  20. 2008
    Annual accounts 200811,5 k €↓
  21. 2007
    Annual accounts 200721 k €↑
  22. 2006
    Annual accounts 200616,7 k €