G.H.
ActiveSummary
G.H. has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €743,636 and a net result of €22,241. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-18
Solvency88▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 3.0 in 2024; short-term debt: 36.4% and cash: 50.7% of total assets), and 36.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.4%
Return on assets
1.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
20 d early
2023
19 d late
2022
18 d early
2021
10 d late
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 employer in the province of Namur, Building services and landscaping sector#8 fastest grower in the province of Namur, Administrative and support services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22,241▼ 73.7%
2024 · €84,623
Working capital
€664,333▲ 3.0%
2024 · €645,141
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€149,872▲ 28.9%€110,216▼ 26.5%€137,452▲ 24.7%€189,519▲ 37.9%€118,911▼ 37.3%
Net result€53,920▼ 36.8%€26,031▼ 51.7%€31,124▲ 19.6%€84,623▲ 172%€22,241▼ 73.7%
Equity€714,617▲ 8.2%€740,648▲ 3.6%€636,772▼ 14.0%€721,395▲ 13.3%€743,636▲ 3.1%
Total assets€978,412▲ 13.3%€1.0m▲ 6.1%€1.0m▼ 2.7%€1.1m▲ 4.7%€1.2m▲ 10.8%
Debt€263,794▲ 30.2%€297,675▲ 12.8%€373,740▲ 25.6%€336,860▼ 9.9%€428,823▲ 27.3%
Working capital€571,620▼ 7.4%€671,381▲ 17.5%€565,888▼ 15.7%€645,141▲ 14.0%€664,333▲ 3.0%
Staff (FTE)30.4▲ 11.4%35▲ 15.1%38.6▲ 10.3%39▲ 1.0%44.6▲ 14.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€81,437 ▼ 10.6%
Current assets
€1.1m ▲ 12.8%
Equity and liabilities €1.2m
Equity
€743,636 ▲ 3.1%
Debt
€428,823 ▲ 27.3%
Debt's share of the balance-sheet total rises from 31.8% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€162,219▼
2024 · €229,944
Cash flow
€65,549▼
2024 · €125,048
Current ratio
2.56▼
2024 · 3.00
Debt to equity
0.58▲
2024 · 0.47
ROE
3.0%▼
2024 · 11.7%
ROA
1.9%▼
2024 · 8.0%
Interest coverage
1.75▼
2024 · 3.08
Debt ≤ 1 year
€426,689▲
2024 · €321,981
Debt > 1 year
€2,134▼
2024 · €14,879
Income taxes
€9,396▼
2024 · €35,359
Staff costs
€1.7m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €199 | - | €5,192 | €725 | ▼ 86.0% |
| Remuneration, social security and pensions62 | €1.2m | €1.4m | €1.5m | €1.6m | €1.7m | ▲ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,260 | €43,894 | €44,260 | €40,425 | €43,307 | ▲ 7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €591 | - | - | €24,451 | - |
| Other operating charges640/8 | €5,332 | €6,927 | €8,534 | €8,879 | €8,061 | ▼ 9.2% |
| Non-recurring operating charges66A | - | €1,227 | €1,803 | €242 | €301 | ▲ 24.4% |
| Gross operating margin9900 | €1.4m | €1.6m | €1.7m | €1.8m | €1.9m | ▲ 6.1% |
| Operating profit (loss)9901 | €149,872 | €110,216 | €137,452 | €189,519 | €118,911 | ▼ 37.3% |
| Financial income75/76B | €1 | €4,453 | €4,350 | €5,172 | €5,597 | ▲ 8.2% |
| Recurring financial income75 | €1 | €4,453 | €3,802 | €4,493 | €5,004 | ▲ 11.4% |
| Non-recurring financial income76B | - | - | €548 | €679 | €593 | ▼ 12.7% |
| Financial charges65/66B | €77,836 | €74,687 | €97,371 | €74,710 | €92,871 | ▲ 24.3% |
| Recurring financial charges65 | €77,836 | €74,687 | €97,371 | €74,710 | €92,871 | ▲ 24.3% |
| Profit (loss) for the period before taxes9903 | €72,037 | €39,982 | €44,431 | €119,981 | €31,637 | ▼ 73.6% |
| Income taxes67/77 | €18,117 | €13,951 | €13,307 | €35,359 | €9,396 | ▼ 73.4% |
| Profit (loss) for the period9904 | €53,920 | €26,031 | €31,124 | €84,623 | €22,241 | ▼ 73.7% |
| Profit (loss) for the period to be appropriated9905 | €53,920 | €26,031 | €31,124 | €84,623 | €22,241 | ▼ 73.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €978,412 | €1.0m | €1.0m | €1.1m | €1.2m | ▲ 10.8% |
| Formation expenses20 | - | - | €95 | - | - | - |
| Fixed assets21/28 | €143,997 | €110,368 | €113,310 | €91,133 | €81,437 | ▼ 10.6% |
| Intangible fixed assets21 | €2,615 | €2,011 | €1,407 | €803 | €199 | ▼ 75.3% |
| Tangible fixed assets22/27 | €140,762 | €107,736 | €111,283 | €89,709 | €80,617 | ▼ 10.1% |
| Land and buildings22 | - | - | €0 | - | - | - |
| Plant, machinery and equipment23 | €10,174 | €17,796 | €28,646 | €24,326 | €20,006 | ▼ 17.8% |
| Furniture and vehicles24 | €129,210 | €89,940 | €82,636 | €65,383 | €60,612 | ▼ 7.3% |
| Assets under construction and advance payments27 | €1,377 | - | - | - | - | - |
| Financial fixed assets28 | €621 | €621 | €621 | €621 | €621 | = |
| Current assets29/58 | €834,414 | €927,955 | €897,106 | €967,122 | €1.1m | ▲ 12.8% |
| Amounts receivable after more than one year29 | - | €160,000 | €154,750 | €145,750 | €136,750 | ▼ 6.2% |
| Other amounts receivable291 | - | €160,000 | €154,750 | €145,750 | €136,750 | ▼ 6.2% |
| Amounts receivable within one year40/41 | €397,393 | €282,415 | €310,786 | €292,477 | €332,477 | ▲ 13.7% |
| Trade receivables40 | €205,117 | €258,186 | €307,592 | €275,184 | €282,953 | ▲ 2.8% |
| Other amounts receivable41 | €192,275 | €24,229 | €3,194 | €17,293 | €49,524 | ▲ 186% |
| Cash at bank and in hand54/58 | €421,346 | €463,463 | €390,653 | €498,488 | €594,890 | ▲ 19.3% |
| Deferred charges and accrued income490/1 | €15,676 | €22,078 | €40,917 | €30,407 | €26,906 | ▼ 11.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €978,412 | €1.0m | €1.0m | €1.1m | €1.2m | ▲ 10.8% |
| Equity10/15 | €714,617 | €740,648 | €636,772 | €721,395 | €743,636 | ▲ 3.1% |
| Contributions10/11 | €165,000 | €165,000 | €46,500 | €46,500 | €46,500 | = |
| Reserves13 | €183,950 | €513,950 | €547,450 | €622,450 | €687,450 | ▲ 10.4% |
| Non-distributable reserves130/1 | €16,500 | €16,500 | - | - | - | - |
| Reserves not available under the articles1311 | €16,500 | €16,500 | - | - | - | - |
| Tax-exempt reserves132 | €27,450 | €27,450 | €27,450 | €27,450 | €27,450 | = |
| Distributable reserves133 | €140,000 | €470,000 | €520,000 | €595,000 | €660,000 | ▲ 10.9% |
| Profit (loss) carried forward14 | €365,667 | €61,698 | €42,822 | €52,445 | €9,686 | ▼ 81.5% |
| Investment grants15 | - | - | €0 | €0 | - | - |
| Provisions and deferred taxes16 | - | - | €0 | - | - | - |
| Deferred taxes168 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €263,794 | €297,675 | €373,740 | €336,860 | €428,823 | ▲ 27.3% |
| Amounts payable after more than one year17 | - | €40,063 | €27,522 | €14,879 | €2,134 | ▼ 85.7% |
| Financial debts170/4 | - | €40,063 | €27,522 | €14,879 | €2,134 | ▼ 85.7% |
| Amounts payable within one year42/48 | €262,794 | €256,574 | €331,218 | €321,981 | €426,689 | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | - | €12,442 | €12,541 | €12,643 | €27,886 | ▲ 121% |
| Trade debts44 | €9,135 | €28,868 | €63,118 | €31,446 | €33,451 | ▲ 6.4% |
| Suppliers440/4 | €9,135 | €28,868 | €63,118 | €31,446 | €33,451 | ▲ 6.4% |
| Taxes, remuneration and social security45 | €190,475 | €204,828 | €213,037 | €235,433 | €285,135 | ▲ 21.1% |
| Taxes450/3 | €11,893 | €12,134 | €12,314 | €32,949 | €52,417 | ▲ 59.1% |
| Remuneration and social security454/9 | €178,583 | €192,694 | €200,723 | €202,484 | €232,718 | ▲ 14.9% |
| Other amounts payable47/48 | €63,184 | €10,436 | €42,522 | €42,459 | €80,217 | ▲ 88.9% |
| Accrued charges and deferred income492/3 | €1,000 | €1,037 | €15,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,920 | €26,031 | €31,124 | €84,623 | €22,241 | ▼ 73.7% |
| + Depreciation and write-downs630 | €22,260 | €43,894 | €44,260 | €40,425 | €43,307 | ▲ 7.1% |
| Operating cash flow (approximation) | €76,180 | €69,925 | €75,384 | €125,048 | €65,549 | ▼ 47.6% |
| Investment in fixed assets (approximation) | - | -€10,265 | -€47,202 | -€18,248 | -€33,612 | ▼ 84.2% |
| Change in cash | - | €42,117 | -€72,810 | €107,835 | €96,402 | ▼ 10.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €22,241 ▼73.7%
Net result drops to €22,241, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €85,348 ▲90.1%
Net result €85,348, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2002
Ground area
1,526 m²
Building footprint
96 m²
Parcel 92128B0235/00H015, Wallonia. Linked by address, not a title deed.
1 establishment unit
WALLONY CLEAN - TRAITEUR GARCIA
since 20022.094.657.689
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92128B0235/00H015 | Wallonia | 1,526 m² | 1 · 96 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900DFDYX2JB8MGN88
Similar companies · same sector, comparable size
Life and Pension Insurance Broker
BE 0871.071.480
Overijse · Eq €744,459
ASK-SERVICES
BE 0821.236.444
Elsene · Eq €733,917
Toffer
BE 0894.961.491
Merelbeke-Melle · Eq €754,936
ENTRIO
BE 0453.734.128
Deerlijk · Eq €755,176
LJP BELGIUM
BE 0836.169.197
Schaarbeek · Eq €755,864
Of 7,361 companies in sector 81210 we hold annual accounts for 2,732. 1,103 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
56210Event catering
90201Performing arts by independent artists
Contact
Website
www.wallonyclean.be
E-mail
info@wallonyclean.be
Scores and ratios are computed by Checked and are not a credit decision.