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GH menuiserie

Active
Private limited companyfounded 20232 years activeRue de Beyne 301, 4020 Liège, BelgiumKBO/BCE: BE 1003.806.181
Summary

The computed 12-month bankruptcy probability of GH menuiserie is 2.9% (moderate). The 2025 annual accounts show equity of €16,547 and a net result of €5,188. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 33,994 sector peers (NACE 43, fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€57,916total assets 2025
Equity
€16,547
Profit
€5,188
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy probability, 12 months
2.9%
Structure
Board
2 members
Accounts filed 31 days late1 of 2 deeds read
Why 51- Founded in 2023- Size: total assets €57,916- Latest accounts 31 days late; 1 of the last 3 late- Sector Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 54-6
equity 28.6% of total assets
Liquidity 44+16
short-term debt 40.9% · cash 10.4%
Profitability 59-18
return on assets 9.0%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,513 companies)
Last 24 months 01-2025: 1.2%lowest value 02-2025: 1.2%● unchanged vs 01-2025lowest value 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.2 percentage points vs 03-2025 05-2025: 1.5%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.1 percentage points vs 07-2025 09-2025: 2.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.9%▼ -0.1 percentage points vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 2.0%▲ +0.1 percentage points vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.1%▲ +0.1 percentage points vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%● unchanged vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▲ +0.4 percentage points vs 07-2026 09-2026: 2.9%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 2.9%● unchanged vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.28 in 2024; short-term debt: 40.9% and cash: 10.4% of total assets), and 71.4% of the assets are financed with debt.
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 43, micro): better than 30% on solvency, 34% on liquidity, 28% on profitability and 82% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
+raises risk○neutral
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: total assets €57,916
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
31 days late
2024
31 days early
2023
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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. Usually files around 2 July (3 of the last 3 filed years within 60 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Appointments: Chitdara Angela (director) and Zanette…Shareholding
  3. Weakest financial yearnet €5,188 ▼2.1%

Key points

  • New directorslatest change 01-04-2026 · 2 in office 2 joined View
  • Total assets 20253 fiscal years filed €57,916 View
  • Active since 2023founded 22-12-2023 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€57,916
Profit
€5,188
Solvency
28.6%
Total assets▲ 77.2%
Net result
20232025
Go to Financials

Timeline

Events
5
Since
2024
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 01-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
22-12-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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