GH 431
ActiveSummary
GH 431 has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,981 and a net result of €4,117. Its solvency ranks better than 48% of 9,627 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €10,981
- Profit
- €4,117
Why 93raises riskFounded in 2023Size: total assets €23,122lowers riskSector: Office administrative, office support and other business support activities (NACE 82)Liquidity: current ratio 1.90, cash €12,103Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 49% on solvency, 68% on liquidity, 55% on profitability and 82% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 11 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €4,117
- Resignation: SRL Jacques LIBOUTON (director)Appointment: Philippe DE SCHEENMAEKERE (director)…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €4,238 after a loss of €7,955 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €26,367 | €19,114 | ▼ 27.5% |
| Gross operating margin9900 | €18,411 | €23,352 | ▲ 26.8% |
| Operating profit (loss)9901 | -€7,955 | €4,238 | - |
| Financial income75/76B | €14 | €29 | ▲ 108% |
| Recurring financial income75 | €14 | €29 | ▲ 108% |
| Financial charges65/66B | €195 | €150 | ▼ 23.1% |
| Recurring financial charges65 | €195 | €150 | ▼ 23.1% |
| Profit (loss) for the period before taxes9903 | -€8,136 | €4,117 | - |
| Profit (loss) for the period9904 | -€8,136 | €4,117 | - |
| Profit (loss) for the period to be appropriated9905 | -€8,136 | €4,117 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €24,167 | €23,122 | ▼ 4.3% |
| Current assets29/58 | €24,167 | €23,122 | ▼ 4.3% |
| Amounts receivable within one year40/41 | €6,331 | €8,505 | ▲ 34.3% |
| Trade receivables40 | €6,331 | €8,401 | ▲ 32.7% |
| Other amounts receivable41 | - | €104 | - |
| Cash at bank and in hand54/58 | €17,098 | €12,103 | ▼ 29.2% |
| Deferred charges and accrued income490/1 | €739 | €2,514 | ▲ 240% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €24,167 | €23,122 | ▼ 4.3% |
| Equity10/15 | €6,864 | €10,981 | ▲ 60.0% |
| Contributions10/11 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€8,136 | -€4,019 | ▲ 50.6% |
| Amounts payable17/49 | €17,303 | €12,141 | ▼ 29.8% |
| Amounts payable within one year42/48 | €17,303 | €12,141 | ▼ 29.8% |
| Trade debts44 | €11,861 | €11,331 | ▼ 4.5% |
| Suppliers440/4 | €11,861 | €11,331 | ▼ 4.5% |
| Taxes, remuneration and social security45 | €4,955 | - | - |
| Taxes450/3 | €4,955 | - | - |
| Other amounts payable47/48 | €487 | €810 | ▲ 66.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€8,136 | €4,117 | - |
| Operating cash flow (approximation) | -€8,136 | €4,117 | - |
| Change in cash | - | -€4,995 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00372882 |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00253023 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 6
Day-to-day management 3
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| GREGOIRE Philippe |
|
| Gérard MARTIN |
|
| MIGEAL Jean-Pierre Maurice |
|
| PAKLONS Barbara Tekla Laima |
|
| WEINBERGER Benjamin Samuel |
|
| Philippe DE SCHEENMAEKERE |
|
| JACQUES LIBOUTON |
|
Owners and capital
Capital and shareholders
- SRL Jacques LIBOUTON to SRL PHILIPPE DE SCHEENMAEKERE, AVOCAT 30 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
10-07
Gazette deed
Resignation: SRL Jacques LIBOUTON (director)Appointment: Philippe DE SCHEENMAEKERE (director) · Share transfer · Power of attorney7 facts ▸
- General meeting, 12-05-2025
- Other provision, “gratuité du mandat approuvée” (deed in French)
- Director resignation, SRL Jacques LIBOUTON (director)
- Share transfer, SRL Jacques LIBOUTON → SRL PHILIPPE DE SCHEENMAEKERE, AVOCAT
- Director appointment, Philippe DE SCHEENMAEKERE (director)
- Power of attorney, Fiduciaire IFID SRL
- Other provision, “administrateurs en fonction durant l'exercice sous revue”, director discharge (deed in French)
31-05
Gazette deed
IncorporationAppointments: JACQUES LIBOUTON, GREGOIRE Philippe and 4 others · Permanent representative: LIBOUTON Jacques · Founder21 facts ▸
- Incorporation, 25-05-2023
- Founder, JACQUES LIBOUTON
- Founder, PHILIPPE GREGOIRE
- Founder, Gérard MARTIN
- Founder, WEINBERGER BENJAMIN
- Founder, MIGEAL JEAN-PIERRE
- Founder, PAKLONS Barbara Tekla Laima
- Founding capital, €15,000
- General meeting, “à terme,statuts étant arrêtés, article 2:6 du Code des sociétés et des associations” (deed in French)
- Director appointment, JACQUES LIBOUTON (director)
- Permanent representative, LIBOUTON Jacques
- Director appointment, GREGOIRE Philippe (director)
- +9 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21673D0159/00E011 | Brussels | 126 m² | 1 · 155 m² | 16.7 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La mise à disposition de locaux à usage de bureau,d’équipements et de matériel de bureau ainsi que d’ouvrages juridiques; Le service de…” (deed in French)
4 activities (deed in French)
- La mise à disposition de locaux à usage de bureau,d’équipements et de matériel de bureau ainsi que d’ouvrages juridiques
- Le service de personnel d’accueil et d’assistance administrative
- La licence de marque
- Tout ce qui est de nature à favoriser la réalisation de son objet
- Name clauseThe name the company operates under according to its articles.
- GH 431
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, administration” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of May at 14:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution et clôture de la liquidation en un seul acte, article 2:80 du Code des sociétés et des associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed