GH Law
ActiveSummary
GH Law has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.25M and a net result of €207k. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-3
Solvency74▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.14 in 2023; short-term debt: 51% and cash: 6.4% of total assets), and 51% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
49%
Return on assets
8.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
29 d late
2022
40 d early
2021
52 d early
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.25M▲ 19.8%
2023 · €1.05M
2020: €306k
2021: €517k
2022: €800k
2023: €1.05M
2020 → 2024
Total assets
€2.56M▲ 9.0%
2023 · €2.35M
2020: €340k
2021: €2.27M
2022: €2.17M
2023: €2.35M
2020 → 2024
Net result
€207k▼ 16.2%
2023 · €247k
2020: €301k
2021: €211k
2022: €282k
2023: €247k
2020 → 2024
Working capital
€-1.08M▲ 3.6%
2023 · €-1.12M
2020: €61k
2021: €-1.62M
2022: €-1.21M
2023: €-1.12M
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€306k-€517k▲ 69.1%€800k▲ 54.6%€1.05M▲ 30.9%€1.25M▲ 19.8%
Operating result€103k-€63k▼ 38.9%€46k▼ 26.5%€37k▼ 20.8%€59k▲ 59.9%
Net result€301k-€211k▼ 29.7%€282k▲ 33.5%€247k▼ 12.6%€207k▼ 16.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 60% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.56M
Fixed assets
€2.33M ▲ 7.7%
Current assets
€225k ▲ 24.8%
Equity and liabilities €2.56M
Equity
€1.25M ▲ 19.8%
Debt
€1.30M ▲ 0.3%
Debt's share of the balance-sheet total falls from 55.4% to 51.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2023 · €40k
Cash flow
€207k▼
2023 · €251k
Current ratio
0.17▲
2023 · 0.14
Debt to equity
1.04▼
2023 · 1.24
ROE
16.5%▼
2023 · 23.6%
ROA
8.1%▼
2023 · 10.5%
Interest coverage
175.17▲
2023 · 113.17
Debt ≤ 1 year
€1.30M▲
2023 · €1.30M
Income taxes
€19k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.35M€2.56M▲
Fixed assets21/28€2.17M€2.33M▲
Tangible fixed assets22/27€415€30▼
Furniture and vehicles24€415€30▼
Financial fixed assets28€2.17M€2.33M▲
Current assets29/58€180k€225k▲
Amounts receivable within one year40/41€10k€3k▼
Trade receivables40-€800
Other amounts receivable41€10k€3k▼
Current investments50/53€46k€58k▲
Cash at bank and in hand54/58€124k€163k▲
Deferred charges and accrued income490/1-€222
Equity and liabilities
Total equity and liabilities10/49€2.35M€2.56M▲
Equity10/15€1.05M€1.25M▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€1.04M€1.25M▲
Amounts payable17/49€1.30M€1.30M▲
Amounts payable within one year42/48€1.30M€1.30M▲
Trade debts44€262-
Suppliers440/4€262-
Taxes, remuneration and social security45€13k€23k▲
Taxes450/3€13k€23k▲
Other amounts payable47/48€1.29M€1.28M▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€385▼
Other operating charges640/8€285€1k▲
Gross operating margin9900€41k€60k▲
Operating profit (loss)9901€37k€59k▲
Financial income75/76B€221k€168k▼
Recurring financial income75€221k€168k▼
Financial charges65/66B€357€337▼
Recurring financial charges65€357€337▼
Profit (loss) for the period before taxes9903€257k€226k▼
Income taxes67/77€10k€19k▲
Profit (loss) for the period9904€247k€207k▼
Profit (loss) for the period to be appropriated9905€247k€207k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.04M€1.25M▲
Profit (loss) brought forward from the previous period14P€795k€1.04M▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €207k ▼16.2%
Net result drops to €207k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €1MEq €1.05M ▲30.9%
4 profitable years in a row build equity to €1.05M.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €517k ▲69.1%
2 profitable years in a row build equity to €517k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Edmond Parmentierlaan 881150 Sint-Pieters-WoluweGround area
294 m²
Building footprint
122 m²
Volume, LiDAR
1,048 m³
Parcel 21682C0130/00S005, Brussels · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GH Law
since 20192.297.569.417
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0130/00S005 | Brussels | 294 m² | 1 · 121 m² | 15.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 3,724 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.