Equity
€298,846 ▲ 17.3%
GHLV paid out €66,635 in dividends. That is 60% of the 2025 profit.
GHLV
Lifetime
21 annual accounts with figures on one time axispeak €649,444 (2025)
€649,444▲ 4.7%
lowest -€2,989 (2006)
€110,675▲ 3.9%
peak €298,846 (2025)
€298,846▲ 17.3%
€127,470▲ 27.3%
peak 2 FTE (2012)
-not published
Board2 names since 2004
2 directors and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Dividend €66,635Equity from €254,806 to €298,846Debts from €100,109 to €127,470
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as GHLV has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 20,135 companies, not a prediction for GHLV. 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
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Signals
Board and ownership
Director, since 16-11-2004
Director, since 01-10-2021
- deed of 22-11-2021
- deed of 22-11-2021
- deed of 22-11-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0869994384
Appointment: (director)
Transfer of shares to · Transfer of shares to · Transfer of shares to · General meeting of 01-10-2021 · Gazette deed
Company renamed from CREAKTION to GHLV
Registered office moved from Ways to Houtain-le-Val · New registered office: rue de Nivelles 19 A, 1476 Houtain-le-Val · Previous registered office: rue Emile Marcq 3, 1474 Ways · General meeting of 20-08-2020 · Gazette deed
Registered office moved from Sart-Dames-Avelines to Ways
New registered office: Rue Emile Marcq 3, 1474 Ways · Previous registered office: Rue Piraumont 26, 1495 Sart-Dames-Avelines · Change of role: , from manager to director · General meeting of 17-12-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GHLV Genappe | €426,316 | €649,444 | 70.1% | - |
| ALGOMAS Antwerp | €393,243 | €657,138 | 65.0% | 8.1 |
| PIER BLANKENBERGE Blankenberge | €422,328 | €724,773 | -45.8% | 15.6 |
| KLEIN NEDERLO Sint-Pieters-Leeuw | €459,529 | €637,726 | 43.3% | 8.1 |
| LE FOURNIL Libin | €457,245 | €635,502 | 15.0% | 24.6 |
| Mess Etterbeek | €434,111 | €779,458 | 27.6% | - |
| MOORMA Bilzen-Hoeselt | €359,114 | €652,828 | 40.7% | 12.3 |
These companies have the same main activity as GHLV: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €359,000 and €460,000, founded between 2005 and 2007.
Official details
Source: KBO- Status
- Active since 16-11-2004Normal situation
- Activity
- Full-service restaurantsNACE 56111and 5 others
- Joint committee
- 302Hotels and catering · annual accounts 2022
- Establishment unit
- 2.144.848.1621476 Genappe, since 26-01-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- ≈ €1.6mestimated
- €426,316▲ 20.1%
- Employeeson 31-12-2025
- 11
- Filing
- Filed on 28-08-2026
Insights on GHLV
GHLV files the micro format. That format states no turnover. The gross margin rose from €18,106 in 2005 to €649,444 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 GHLV
- What is the company number of GHLV?
- The company number of GHLV is 0869.994.384. The VAT number is the same number with BE in front: BE 0869.994.384.
- Where is GHLV based?
- The registered office is at Rue de Nivelles 19, 1476 Genappe.Company details
- What does GHLV do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of GHLV?
- GHLV is a private limited company (BV).
- When was GHLV founded?
- GHLV was founded on 16-11-2004.
- Is GHLV still active?
- Yes, GHLV is an active enterprise in the KBO register.
- How many employees does GHLV have?
- GHLV had an average of 10.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GHLV fall under?
- In its 2022 annual accounts, GHLV states joint committee 302 (Hotels and catering).
- What is the turnover of GHLV?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €649,444 and 41 comparable companies (NACE 56111). It probably lies between €1.3m and €1.8m.
- Is GHLV profitable?
- In financial year 2025, GHLV made a profit of €110,675.
- Where can I find the annual accounts of GHLV?
- GHLV filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GHLV due?
- GHLV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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