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GHD MANAGEMENT

Inactive
KBO/BCE: BE 0713.510.818

Inactive; last annual accounts for fiscal year 2021.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-07-2022, 5 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2021
5 d early
2020
20 d late
2019
91 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€333k▲ 291%
2020 · €85k
2019: €100k 2020: €85k
2019 → 2021
Working capital
€-370k▲ 47.3%
2020 · €-703k
2019: €-288k 2020: €-703k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201920202021Trend
Equity€112k-€197k▲ 76.1%€530k▲ 169%
Operating result€128k-€107k▼ 16.7%€354k▲ 231%
Net result€100k-€85k▼ 14.4%€333k▲ 291%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2019: €128k€128kNet result 2019: €100k€100kOperating result 2020: €107k€107kNet result 2020: €85k€85kOperating result 2021: €354k€354kNet result 2021: €333k€333k201920202021€0€100k€200k€300k€400kOperating result 2019: €128k€128kNet result 2019: €100k€100kOperating result 2020: €107k€107kNet result 2020: €85k€85kOperating result 2021: €354k€354kNet result 2021: €333k€333k201920202021
The operating result recovers in 2021; 2021 is 231% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €2.04M
Fixed assets €2.00M =
Current assets €36k ▲ 4.8%
Equity and liabilities €2.04M
Equity €530k ▲ 169%
Debt €1.51M ▼ 18.0%
Debt's share of the balance-sheet total falls from 90.3% to 74.0%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
Current ratio
0.09▲
2020 · 0.05
Debt to equity
2.84▼
2020 · 5.58
ROE
62.8%▲
2020 · 43.2%
ROA
16.3%▲
2020 · 4.2%
Debt ≤ 1 year
€406k▼
2020 · €737k
Debt > 1 year
€1.10M=
2020 · €1.10M
Income taxes
€21k▼
2020 · €22k
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 · 2021 against 2020 · 32 lines
Balance sheet Code20202021
Assets
Total assets20/58€2.03M€2.04M▲
Fixed assets21/28€2.00M€2.00M=
Financial fixed assets28€2.00M€2.00M=
Current assets29/58€34k€36k▲
Amounts receivable within one year40/41€17k€17k=
Trade receivables40-€17k
Cash at bank and in hand54/58€17k€19k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€2.04M▲
Equity10/15€197k€530k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€185k€517k▲
Amounts payable17/49€1.84M€1.51M▼
Amounts payable after more than one year17€1.10M€1.10M=
Other amounts payable178/9-€1.10M
Amounts payable within one year42/48€737k€406k▼
Trade debts44€331€1k▲
Suppliers440/4-€1k
Taxes, remuneration and social security45-€35k
Taxes450/3-€33k
Remuneration and social security454/9-€1k
Other amounts payable47/48-€370k
Income statement Code20202021
Other operating charges640/8-€448
Gross operating margin9900€107k€354k▲
Operating profit (loss)9901€107k€354k▲
Financial charges65/66B-€85
Recurring financial charges65€10€85▲
Profit (loss) for the period before taxes9903€107k€354k▲
Income taxes67/77€22k€21k▼
Profit (loss) for the period9904€85k€333k▲
Profit (loss) for the period to be appropriated9905€85k€333k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€517k
Profit (loss) brought forward from the previous period14P-€185k

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
27-01
State Gazette act General meeting · Merger
Dissolution · Accounting effect
27-01
State Gazette act General meeting · Merger
Dissolution · Accounting effect
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2019net €333k ▲291%
Operating result €354k, net result €333k, both a record.
31-12
Financial Equity above €500kEq €530k ▲169%
3 profitable years in a row build equity to €530k.
20-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
31-12
Financial Weakest financial yearnet €85k ▼14.4%
Net result drops to €85k, the lowest in the series.
31-12
Financial Equity above €150kEq €197k ▲76.1%
2 profitable years in a row build equity to €197k.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Structure & network

Acquisitions and mergers

1 transaction
Taken over by:DELA Vastgoed België
BE 0895.379.977merger by absorption · State Gazette act of 27-01-2023 · effective 01-07-2022