GHELDOF GUY
ActiveGHELDOF GUY has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €404k and a net result of €73k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+3
Solvency64▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.41 in 2024; short-term debt: 27.4% and cash: 13.1% of total assets), and 61.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
38.6%
Return on assets
7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
4 d early
2022
3 d early
2021
2 d early
2020
51 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€404k▼ 16.8%
2024 · €486k
2019: €269k
2020: €351k
2021: €388k
2022: €450k
2023: €436k
2024: €486k
2019 → 2025
Total assets
€1.05M▼ 2.5%
2024 · €1.07M
2019: €678k
2020: €893k
2021: €1.05M
2022: €1.22M
2023: €1.10M
2024: €1.07M
2019 → 2025
Net result
€73k▲ 34.0%
2024 · €55k
2019: €46k
2020: €89k
2021: €62k
2022: €67k
2023: €63k
2024: €55k
2019 → 2025
Working capital
€-44k
2024 · €69k
2019: €173k
2020: €162k
2021: €98k
2022: €97k
2023: €75k
2024: €69k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€388k-€450k▲ 15.9%€436k▼ 3.1%€486k▲ 11.4%€404k▼ 16.8%
Operating result€95k-€101k▲ 7.1%€96k▼ 4.8%€86k▼ 10.7%€110k▲ 27.9%
Net result€62k-€67k▲ 7.9%€63k▼ 6.0%€55k▼ 13.3%€73k▲ 34.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€804k▼ 4.1%
Current assets
€243k▲ 3.0%
Equity and liabilities €1.05M
Equity
€404k▼ 16.8%
Debt
€643k▲ 9.3%
The debt ratio rises from 54.8% to 61.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€172k▲
2024 · €158k
Cash flow
€135k▲
2024 · €127k
Solvency
38.6%▼
2024 · 45.2%
Current ratio
0.85▼
2024 · 1.41
Quick ratio
0.65▼
2024 · 0.97
Debt / equity
1.59▲
2024 · 1.21
ROE
18.1%▲
2024 · 11.3%
ROA
7.0%▲
2024 · 5.1%
Interest coverage
22.41▲
2024 · 18.23
Debt
€643k▲
2024 · €588k
Debt ≤ 1 year
€287k▲
2024 · €167k
Debt > 1 year
€355k▼
2024 · €421k
Income taxes
€29k▲
2024 · €23k
Staff costs
€195k▲
2024 · €134k
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€1.07M€1.05M▼
Fixed assets21/28€838k€804k▼
Tangible fixed assets22/27€783k€746k▼
Land and buildings22€701k€683k▼
Plant, machinery and equipment23€9k€18k▲
Furniture and vehicles24€72k€45k▼
Financial fixed assets28€55k€58k▲
Current assets29/58€236k€243k▲
Stocks and contracts in progress3€73k€56k▼
Stocks30/36€73k€56k▼
Amounts receivable within one year40/41€52k€44k▼
Trade receivables40€47k€26k▼
Other amounts receivable41€5k€18k▲
Cash at bank and in hand54/58€107k€137k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.07M€1.05M▼
Equity10/15€486k€404k▼
Reserves13€486k€404k▼
Tax-exempt reserves132€15k€15k=
Distributable reserves133€471k€389k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€588k€643k▲
Amounts payable after more than one year17€421k€355k▼
Financial debts170/4€421k€355k▼
Amounts payable within one year42/48€167k€287k▲
Current portion of amounts payable after more than one year42€71k€65k▼
Financial debts43€8k€8k▼
Credit institutions430/8€8k€8k▼
Trade debts44€71k€82k▲
Suppliers440/4€71k€82k▲
Taxes, remuneration and social security45€9k€29k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€513€16k▲
Other amounts payable47/48€7k€102k▲
Accrued charges and deferred income492/3-€728
Income statement
Code20242025
Remuneration, social security and pensions62€134k€195k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€62k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€295k€370k▲
Operating profit (loss)9901€86k€110k▲
Financial income75/76B€116€238▲
Recurring financial income75€116€238▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€78k€103k▲
Income taxes67/77€23k€29k▲
Profit (loss) for the period9904€55k€73k▲
Profit (loss) for the period to be appropriated9905€55k€73k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€73k▲
Profit (loss) brought forward from the previous period14P€0€0=
Transfer from equity791/2-€150k
Transfer to equity691/2€50k€68k▲
To other reserves6921€50k€68k▲
Profit to be distributed694/7€5k€155k▲
Return on contributions (dividend)694-€150k
Employees696€5k€5k▼
Social balance
Average headcount (FTE)90872.4-
The notes to these accounts (11 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
31-03
Financial
Highest result since 2019net €89k ▲91.4%
Operating result €132k, net result €89k, both a record.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lochristi · 1 establishment unit since 2012
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.
Rechtstraat 1679080 LochristiGround area
1,305 m²
Building footprint
223 m²
Volume, LiDAR
881 m³
Parcel 44076G0065/00F000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
GHELDOF GUY
since 20122.208.850.841
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44076G0065/00F000 | Flanders | 1,304 m² | 1 · 223 m² | 6.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,278 EUR awarded · 1,278 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 540 EUR | 540 EUR |
| 2023 | 1 | 510 EUR | 510 EUR |
| 2022 | 1 | 228 EUR | 228 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 4,276 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2012
Fiscal year end31-03
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.