GHIDA
ActiveSummary
GHIDA has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-51k) and a net result of €870. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-2
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.07 in 2023; short-term debt: 20.3% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-37%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 19356 sector peers (2024).
NBB · sector comparisonPosition among 19356 sector peers
Solvency
better than 8%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-11-2025, 114 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
114 d late
2023
66 d late
2022
22 d late
2021
59 d late
2020
61 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-51k▲ 1.7%
2023 · €-52k
2018: €-93klowest in 7 years
2019: €-62k▲ +33.3% vs 2018
2020: €-50k▲ +19.2% vs 2019
2021: €-46k▲ +8.3% vs 2020highest in 7 years
2022: €-56k▼ -20.9% vs 2021
2023: €-52k▲ +6.3% vs 2022
2024: €-51k▲ +1.7% vs 2023
2018 → 2024
Total assets
€139k▼ 7.3%
2023 · €150k
2018: €174k
2019: €166k▼ -4.9% vs 2018
2020: €183k▲ +10.3% vs 2019highest in 7 years
2021: €179k▼ -2.3% vs 2020
2022: €162k▼ -9.4% vs 2021
2023: €150k▼ -7.6% vs 2022
2024: €139k▼ -7.3% vs 2023lowest in 7 years
2018 → 2024
Net result
€870▼ 75.0%
2023 · €3k
2018: €20k
2019: €31k▲ +56.9% vs 2018highest in 7 years
2020: €12k▼ -61.6% vs 2019
2021: €4k▼ -65.0% vs 2020
2022: €-10k▼ -331% vs 2021lowest in 7 years
2023: €3k▲ +136% vs 2022
2024: €870▼ -75.0% vs 2023
2018 → 2024
Working capital
€-27k▼ 20.3%
2023 · €-22k
2018: €-48klowest in 7 years
2019: €-34k▲ +28.9% vs 2018
2020: €-28k▲ +18.8% vs 2019
2021: €-38k▼ -38.6% vs 2020
2022: €-36k▲ +5.3% vs 2021
2023: €-22k▲ +38.4% vs 2022highest in 7 years
2024: €-27k▼ -20.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-50k-€-46k▲ 8.3%€-56k▼ 20.9%€-52k▲ 6.3%€-51k▲ 1.7%
2020: €-50k
2021: €-46k▲ +8.3% vs 2020highest in 5 years
2022: €-56k▼ -20.9% vs 2021lowest in 5 years
2023: €-52k▲ +6.3% vs 2022
2024: €-51k▲ +1.7% vs 2023
Operating result€19k-€10k▼ 47.6%€-3k€9k€5k▼ 51.1%
2020: €19khighest in 5 years
2021: €10k▼ -47.6% vs 2020
2022: €-3k▼ -130% vs 2021lowest in 5 years
2023: €9k▲ +405% vs 2022
2024: €5k▼ -51.1% vs 2023
Net result€12k-€4k▼ 65.0%€-10k€3k€870▼ 75.0%
2020: €12khighest in 5 years
2021: €4k▼ -65.0% vs 2020
2022: €-10k▼ -331% vs 2021lowest in 5 years
2023: €3k▲ +136% vs 2022
2024: €870▼ -75.0% vs 2023
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 2024; 2024 is 51% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139k
Fixed assets
€137k ▼ 7.1%
Current assets
€1k ▼ 26.1%
Key figures and ratios
EBITDA
€15k▼
2023 · €22k
Cash flow
€11k▼
2023 · €16k
Solvency
-37.0%▼
2023 · -34.8%
Current ratio
0.04▼
2023 · 0.07
Debt to equity
-3.71▲
2023 · -3.87
ROA
0.6%▼
2023 · 2.3%
Interest coverage
6.64▲
2023 · 6.39
Debt
€190k▼
2023 · €202k
Debt ≤ 1 year
€28k▲
2023 · €24k
Debt > 1 year
€162k▼
2023 · €178k
Income taxes
€2k▼
2023 · €3k
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€150k€139k▼
Fixed assets21/28€148k€137k▼
Tangible fixed assets22/27€147k€136k▼
Land and buildings22€131k€128k▼
Furniture and vehicles24€16k€8k▼
Financial fixed assets28€1k€1k=
Current assets29/58€2k€1k▼
Amounts receivable within one year40/41€509€1k▲
Other amounts receivable41€509€1k▲
Cash at bank and in hand54/58€1k€161▼
Equity and liabilities
Total equity and liabilities10/49€150k€139k▼
Equity10/15€-52k€-51k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€99k€99k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-172k€-171k▲
Amounts payable17/49€202k€190k▼
Amounts payable after more than one year17€178k€162k▼
Financial debts170/4€178k€162k▼
Amounts payable within one year42/48€24k€28k▲
Current portion of amounts payable after more than one year42€10k€17k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Other amounts payable47/48€6k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€24k€17k▼
Operating profit (loss)9901€9k€5k▼
Financial income75/76B€48€113▲
Recurring financial income75€48€113▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€6k€2k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€3k€870▼
Profit (loss) for the period to be appropriated9905€3k€870▼
Appropriation of the result
Profit (loss) to be appropriated9906€-172k€-171k▲
Profit (loss) brought forward from the previous period14P€-175k€-172k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €12k | €13k | €13k | €11k | ▼ 17.4% |
| Other operating charges640/8 | - | €11k | €10k | €2k | €2k | ▼ 2.6% |
| Gross operating margin9900 | €34k | €33k | €20k | €24k | €17k | ▼ 29.2% |
| Operating profit (loss)9901 | €19k | €10k | €-3k | €9k | €5k | ▼ 51.1% |
| Financial income75/76B | - | - | €0 | €48 | €113 | ▲ 135% |
| Recurring financial income75 | €17 | - | €0 | €48 | €113 | ▲ 135% |
| Financial charges65/66B | - | €4k | €5k | €3k | €2k | ▼ 34.3% |
| Recurring financial charges65 | €3k | €4k | €5k | €3k | €2k | ▼ 34.3% |
| Profit (loss) for the period before taxes9903 | €16k | €6k | €-8k | €6k | €2k | ▼ 59.4% |
| Income taxes67/77 | €5k | €2k | €1k | €3k | €2k | ▼ 37.8% |
| Profit (loss) for the period9904 | €12k | €4k | €-10k | €3k | €870 | ▼ 75.0% |
| Profit (loss) for the period to be appropriated9905 | €12k | €4k | €-10k | €3k | €870 | ▼ 75.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €183k | €179k | €162k | €150k | €139k | ▼ 7.3% |
| Fixed assets21/28 | €149k | €174k | €161k | €148k | €137k | ▼ 7.1% |
| Tangible fixed assets22/27 | €148k | €172k | €159k | €147k | €136k | ▼ 7.2% |
| Land and buildings22 | - | €142k | €137k | €131k | €128k | ▼ 2.6% |
| Furniture and vehicles24 | - | €30k | €23k | €16k | €8k | ▼ 46.2% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €33k | €5k | €1k | €2k | €1k | ▼ 26.1% |
| Amounts receivable within one year40/41 | €33k | €1k | €651 | €509 | €1k | ▲ 103% |
| Other amounts receivable41 | - | €1k | €651 | €509 | €1k | ▲ 103% |
| Cash at bank and in hand54/58 | €70 | €2k | €137 | €1k | €161 | ▼ 85.5% |
| Deferred charges and accrued income490/1 | - | €2k | €428 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €183k | €179k | €162k | €150k | €139k | ▼ 7.3% |
| Equity10/15 | €-50k | €-46k | €-56k | €-52k | €-51k | ▲ 1.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Revaluation surpluses12 | - | €99k | €99k | €99k | €99k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-170k | €-166k | €-175k | €-172k | €-171k | ▲ 0.5% |
| Amounts payable17/49 | €233k | €225k | €217k | €202k | €190k | ▼ 5.9% |
| Amounts payable after more than one year17 | €154k | €181k | €180k | €178k | €162k | ▼ 9.0% |
| Financial debts170/4 | - | €181k | €180k | €178k | €162k | ▼ 9.0% |
| Amounts payable within one year42/48 | €61k | €43k | €38k | €24k | €28k | ▲ 17.2% |
| Current portion of amounts payable after more than one year42 | - | €37k | €31k | €10k | €17k | ▲ 67.8% |
| Trade debts44 | €2k | €747 | - | €1k | €3k | ▲ 174% |
| Suppliers440/4 | - | €747 | - | €1k | €3k | ▲ 174% |
| Taxes, remuneration and social security45 | - | €2k | €5k | €7k | €7k | ▼ 1.2% |
| Taxes450/3 | - | €2k | €5k | €7k | €7k | ▼ 1.2% |
| Other amounts payable47/48 | - | €4k | €1k | €6k | €2k | ▼ 72.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €4k | €-10k | €3k | €870 | ▼ 75.0% |
| + Depreciation and write-downs630 | €6k | €12k | €13k | €13k | €11k | ▼ 17.4% |
| Operating cash flow (approximation) | €18k | €16k | €3k | €16k | €11k | ▼ 29.8% |
| Investment in fixed assets (approximation) | - | €-36k | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €-2k | €971 | €-947 | ▼ 198% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 114 days late
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial
Highest result since 2018net €31k ▲56.9%
Operating result €40k, net result €31k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
12-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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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, Kraainem · 1 establishment unit since 1985
Ground area
113 m²
Building footprint
91 m²
Volume, LiDAR
825 m³
Parcel 22002C0017/00M000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Koningin Astridlaan 430, 1950 Kraainem
since 19852.027.911.001
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0017/00M000 | Flanders | 113 m² | 1 · 91 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-07-1985
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.