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GHGC

Active
Private limited companyfounded 20242 yrs activeRue Croisette 6, 1470 Genappe, BelgiumKBO/BCE: BE 1004.560.110

GHGC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181k and a net result of €98k. Its solvency ranks better than 64% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
100 / 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth78
Stability82
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days only on tighter terms
Liquidity ample (current ratio 2.71 against 1.83 in 2024), and 30.7% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
69.3%
Return on assets
37.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 2 filings
Deviation from the deadline
2025
20 d late
2024
25 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, micro schema

Equity
€181k▲ 118%
2024 · €83k
2024: €83k
2024 → 2025
Total assets
€261k▲ 89.0%
2024 · €138k
2024: €138k
2024 → 2025
Net result
€98k▲ 25.3%
2024 · €78k
2024: €78k
2024 → 2025
Working capital
€135k▲ 196%
2024 · €46k
2024: €46k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€83k-€181k▲ 118%
Operating result€104k-€135k▲ 30.5%
Net result€78k-€98k▲ 25.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2024: €104k€104kNet result 2024: €78k€78kOperating result 2025: €135k€135kNet result 2025: €98k€98k20242025
The operating result rises in 2025; 2025 is 30% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261k
Fixed assets €46k▲ 23.7%
Current assets €215k▲ 113%
Equity and liabilities €261k
Equity €181k▲ 118%
Debt €80k▲ 45.6%
The debt ratio falls from 39.9% to 30.7%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€139k
2024 · €106k
Cash flow
€102k
2024 · €80k
Solvency
69.3%
2024 · 60.1%
Current ratio
2.71
2024 · 1.83
Quick ratio
2.71
2024 · 1.83
Debt / equity
0.44
2024 · 0.66
ROE
54.1%
2024 · 94.0%
ROA
37.5%
2024 · 56.5%
Interest coverage
14.51
2024 · 41.19
Debt
€80k
2024 · €55k
Debt ≤ 1 year
€79k
2024 · €55k
Income taxes
€30k
2024 · €23k
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€138k€261k
Fixed assets21/28€37k€46k
Tangible fixed assets22/27€32k€31k
Furniture and vehicles24€780€516
Other tangible fixed assets26€31k€31k
Financial fixed assets28€5k€15k
Current assets29/58€101k€215k
Amounts receivable within one year40/41€52k€138k
Trade receivables40€39k€45k
Other amounts receivable41€13k€93k
Cash at bank and in hand54/58€48k€74k
Deferred charges and accrued income490/1€37€3k
Equity and liabilities
Total equity and liabilities10/49€138k€261k
Equity10/15€83k€181k
Contributions10/11€5k€5k=
Profit (loss) carried forward14€78k€176k
Amounts payable17/49€55k€80k
Amounts payable within one year42/48€55k€79k
Trade debts44€28k€35k
Suppliers440/4€28k€35k
Taxes, remuneration and social security45€27k€45k
Taxes450/3€27k€45k
Accrued charges and deferred income492/3-€756
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k
Other operating charges640/8€308€344
Gross operating margin9900€106k€139k
Operating profit (loss)9901€104k€135k
Financial income75/76B€3€2k
Recurring financial income75€3€2k
Financial charges65/66B€3k€10k
Recurring financial charges65€3k€10k
Profit (loss) for the period before taxes9903€101k€128k
Income taxes67/77€23k€30k
Profit (loss) for the period9904€78k€98k
Profit (loss) for the period to be appropriated9905€78k€98k
Appropriation of the result
Profit (loss) to be appropriated9906€78k€176k
Profit (loss) brought forward from the previous period14P-€78k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial Equity above €150kEq €181k ▲118%
2 profitable years in a row build equity to €181k.
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Genappe · 1 establishment unit since 2024
establishment The establishment unit on the map
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.

Rue Croisette 61470 Genappe
Ground area
1,575 m²
Building footprint
138 m²
Volume, LiDAR
677 m³
Parcel 25003E0112/00Y000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GHGC
Rue Croisette 6, 1470 GenappeBook publishing
since 20242.356.704.872
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25003E0112/00Y000 Wallonia 1,575 m² 1 · 138 m² 7.0 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.

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 40,457 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-01-2024
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.