Equity
€680,325 ▼ 42.4%
GHLOBAL paid out €700,000 in dividends. That is 350% of the 2025 profit.
GHLOBAL
Lifetime
6 annual accounts with figures on one time axispeak €271,393 (2023)
€251,952▼ 0.8%
peak €209,718 (2023)
€200,172▲ 0.9%
peak €1.2m (2024)
€680,325▼ 42.4%
€785,134▲ 787%
Board1 name since 2020
1 directorGheysens Marie-Julie
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Dividend €700,000Equity from €1.2m to €680,325Debts from €88,490 to €785,134Cash from €21,465 to €453,495
Key points
from the 2025 annual accountsTurnover
≈ €440,000 estimated
The micro format states no turnover.
Investments
€20,621 4.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.85 was 14.34 in 2024
Short-term debts rose from €88,490 to €785,134.
Filings
6 annual accounts 4 late
The 2020 accounts came latest: 46 days after the end of the period.
Position in the sector
€200,172
Higher net result than 95% of companies in real estate. Sector median €5,997 · 17,176 companies.
Checked score
95
Excellent
Financially stronger than 58% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €1.5m
Sector: Real estate activities (NACE 68)
Liquidity: current ratio 1.85, cash €453,495
Figures for financial year 2025 (filed on 12-08-2026)
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 62% of them on solvency, 73% on liquidity, 83% on profitability and 13% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,782 companies had the same profile as GHLOBAL has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
That fits the bankruptcy probability of GHLOBAL itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for GHLOBAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (14.34 in 2024), above the usual 1.5. Short-term debt is 53.6% and cash 30.9% of total assets. However, 53.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
7 days late
2024
29 days late
2023
1 day early
2022
33 days early
2021
10 days late
2020
46 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 10 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
GM
Gheysens Marie-Julie
Director, since 25-02-2020
- GHEYSENS Marie-Julie founderdeed of 27-02-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0744408484
Incorporation
Founder: GHEYSENS Marie-Julie · Founding capital of €300,000 · Appointment: GHEYSENS Marie-Julie (director) · published on 27-02-2020 · Gazette deed
First establishment
Kemmelseweg 72, Ypres
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GHLOBAL Ypres | €1.5m | €251,952 | 46.4% | - |
| FI2BUILD Diksmuide | €1.2m | €202,235 | 2.5% | - |
| YAVATECH Izegem | €1.2m | €265,886 | 30.0% | - |
| Vandecaveye-Masschelein Zonnebeke | €1.4m | €228,334 | 14.1% | - |
| DE JAEGER BOUW Waregem | €1.6m | €156,489 | 30.2% | - |
| VYVEY VASTGOED Ostend | €1.2m | €191,543 | 5.3% | - |
| VANDENDRIESSCHE INVEST Zedelgem | €1.9m | €222,154 | 27.2% | - |
These companies have the same main activity as GHLOBAL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.2m and €1.9m, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 25-02-2020Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.303.365.8598902 Ypres, since 25-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 15-10-2025
Insights on GHLOBAL
GHLOBAL files the micro format. That format states no turnover. The gross margin rose from €219,934 in 2020 to €251,952 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GHLOBAL
- What is the company number of GHLOBAL?
- The company number of GHLOBAL is 0744.408.484. The VAT number is the same number with BE in front: BE 0744.408.484.
- Where is GHLOBAL based?
- The registered office is at Kemmelseweg 72, 8902 Ypres.Company details
- What does GHLOBAL do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of GHLOBAL?
- GHLOBAL is a private limited company (BV).
- When was GHLOBAL founded?
- GHLOBAL was founded on 25-02-2020.
- Is GHLOBAL still active?
- Yes, GHLOBAL is an active enterprise in the KBO register.
- What is the turnover of GHLOBAL?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €251,952 and 43 comparable companies (NACE 681). It probably lies between €330,000 and €730,000.Financials
- Is GHLOBAL profitable?
- In financial year 2025, GHLOBAL made a profit of €200,172.
- Where can I find the annual accounts of GHLOBAL?
- GHLOBAL filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GHLOBAL due?
- GHLOBAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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