GH Logistics & Technics
ActiveGH Logistics & Technics has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €9k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency8▼-42
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.45 against 0.89 in 2024), and 87.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
12.2%
Return on assets
5.6%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27446 sector peers (2025).
NBB · sector comparisonPosition among 27446 sector peers
Solvency
better than 16%
← weakest
strongest →
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 22-04-2026, 100 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
100 d early
2024
29 d late
2023
26 d early
2022
11 d early
2021
13 d early
2020
23 d early
2019
87 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 60.6%
2024 · €47k
2019: €6k
2020: €9k
2021: €26k
2022: €29k
2023: €32k
2024: €47k
2019 → 2025
Total assets
€152k▲ 8.2%
2024 · €140k
2019: €75k
2020: €64k
2021: €74k
2022: €129k
2023: €136k
2024: €140k
2019 → 2025
Net result
€9k▼ 70.2%
2024 · €29k
2019: €2k
2020: €4k
2021: €19k
2022: €11k
2023: €5k
2024: €29k
2019 → 2025
Working capital
€-41k▼ 768%
2024 · €-5k
2019: €-14k
2020: €-8k
2021: €5k
2022: €-17k
2023: €-19k
2024: €-5k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€29k▲ 12.6%€32k▲ 10.6%€47k▲ 45.3%€19k▼ 60.6%
Operating result€26k-€17k▼ 36.2%€9k▼ 44.6%€43k▲ 362%€17k▼ 60.9%
Net result€19k-€11k▼ 43.1%€5k▼ 55.3%€29k▲ 498%€9k▼ 70.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€119k▲ 14.4%
Current assets
€33k▼ 9.4%
Equity and liabilities €152k
Equity
€19k▼ 60.6%
Debt
€133k▲ 43.0%
The debt ratio rises from 66.5% to 87.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€35k▼
2024 · €56k
Cash flow
€26k▼
2024 · €41k
Solvency
12.2%▼
2024 · 33.5%
Current ratio
0.45▼
2024 · 0.89
Quick ratio
0.44▼
2024 · 0.89
Debt / equity
7.19▲
2024 · 1.98
ROE
45.8%▼
2024 · 60.6%
ROA
5.6%▼
2024 · 20.3%
Interest coverage
6.15▼
2024 · 8.81
Debt
€133k▲
2024 · €93k
Debt ≤ 1 year
€73k▲
2024 · €41k
Debt > 1 year
€59k▲
2024 · €50k
Income taxes
€3k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€140k€152k▲
Fixed assets21/28€104k€119k▲
Intangible fixed assets21€5k€3k▼
Tangible fixed assets22/27€99k€116k▲
Land and buildings22€77k€89k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€20k€26k▲
Current assets29/58€36k€33k▼
Stocks and contracts in progress3-€450
Stocks30/36-€450
Amounts receivable within one year40/41€15k€15k▼
Trade receivables40€14k€12k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€20k€17k▼
Deferred charges and accrued income490/1€1k€778▼
Equity and liabilities
Total equity and liabilities10/49€140k€152k▲
Equity10/15€47k€19k▼
Contributions10/11€19k€19k=
Reserves13€29k€0▼
Distributable reserves133€29k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€93k€133k▲
Amounts payable after more than one year17€50k€59k▲
Financial debts170/4€50k€59k▲
Amounts payable within one year42/48€41k€73k▲
Current portion of amounts payable after more than one year42€13k€21k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€17k€44k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€14k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€18k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€365€0▼
Gross operating margin9900€58k€36k▼
Operating profit (loss)9901€43k€17k▼
Financial income75/76B€3€125▲
Recurring financial income75€3€125▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€37k€11k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€29k€9k▼
Profit (loss) for the period to be appropriated9905€29k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€9k▼
Transfer from equity791/2€14k€29k▲
Transfer to equity691/2€29k€0▼
To other reserves6921€29k€0▼
Profit to be distributed694/7€14k€37k▲
Return on contributions (dividend)694€14k€37k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €29k ▲498%
Operating result €43k, net result €29k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zwevegem · 1 establishment unit since 2018
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.
Remi Deprezstraat(H) 18551 ZwevegemGround area
695 m²
Building footprint
142 m²
Volume, LiDAR
785 m³
Parcel 34014B0647/00B005, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GH Logistics & Technics
since 20182.275.184.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014B0647/00B005 | Flanders | 695 m² | 1 · 142 m² | 7.9 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZwevegem2.275.184.290
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Of 4,063 companies in sector 43240 we hold annual accounts for 1,614. 1,087 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2018
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.