GHSR
InactiveGHSR was declared bankrupt on 31-10-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 07-10-2025, published in the Belgian State Gazette on 10-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 02-11-2022, 94 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
94 d late
2020
89 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-105k▼ 5.7%
2020 · €-99k
2018: €-54k
2019: €-72k
2020: €-99k
2018 → 2021
Total assets
€55k▲ 48.6%
2020 · €37k
2018: €45k
2019: €51k
2020: €37k
2018 → 2021
Net result
€-6k▲ 79.2%
2020 · €-27k
2018: €-33k
2019: €-18k
2020: €-27k
2018 → 2021
Working capital
€-120k▼ 3.2%
2020 · €-116k
2018: €-75k
2019: €-98k
2020: €-116k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-54k-€-72k▼ 33.4%€-99k▼ 37.6%€-105k▼ 5.7%
Operating result€-27k-€-10k▲ 63.7%€-23k▼ 138%€-3k▲ 85.4%
Net result€-33k-€-18k▲ 45.0%€-27k▼ 50.1%€-6k▲ 79.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2021 against €23k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €55k
Fixed assets
€20k▼ 8.8%
Current assets
€35k▲ 130%
Key figures and ratios
EBITDA
€720▲
2020 · €-18k
Cash flow
€-2k▲
2020 · €-23k
Solvency
-191.3%▲
2020 · -269.0%
Current ratio
0.23▲
2020 · 0.12
Quick ratio
0.20▲
2020 · 0.11
Debt / equity
-1.52▼
2020 · -0.05
ROA
-10.3%▲
2020 · -73.5%
Interest coverage
0.31
Debt
€160k▲
2020 · €136k
Debt ≤ 1 year
€155k▲
2020 · €131k
Debt > 1 year
€5k=
2020 · €5k
Staff costs
€17k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€37k€55k▲
Fixed assets21/28€22k€20k▼
Tangible fixed assets22/27€21k€19k▼
Land and buildings22-€683
Plant, machinery and equipment23-€18k
Furniture and vehicles24-€79
Other tangible fixed assets26-€279
Financial fixed assets28€1k€1k=
Current assets29/58€15k€35k▲
Stocks and contracts in progress3€240€4k▲
Stocks30/36-€4k
Amounts receivable within one year40/41€15k€22k▲
Trade receivables40-€883
Other amounts receivable41-€21k
Cash at bank and in hand54/58€16€9k▲
Deferred charges and accrued income490/1-€363
Equity and liabilities
Total equity and liabilities10/49€37k€55k▲
Equity10/15€-99k€-105k▼
Contributions10/11-€12k
Profit (loss) carried forward14€-112k€-117k▼
Amounts payable17/49€136k€160k▲
Amounts payable after more than one year17€5k€5k=
Financial debts170/4-€5k
Amounts payable within one year42/48€131k€155k▲
Current portion of amounts payable after more than one year42-€939
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€19k€30k▲
Suppliers440/4-€30k
Taxes, remuneration and social security45-€45k
Taxes450/3-€6k
Remuneration and social security454/9-€39k
Other amounts payable47/48-€64k
Income statement
Code20202021
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8-€1k
Gross operating margin9900€16k€19k▲
Operating profit (loss)9901€-23k€-3k▲
Financial income75/76B-€65
Recurring financial income75€82€65▼
Financial charges65/66B-€2k
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-27k€-6k▲
Profit (loss) for the period9904€-27k€-6k▲
Profit (loss) for the period to be appropriated9905€-27k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-117k
Profit (loss) brought forward from the previous period14P-€-112k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · GHSR BVBA DIAMANTSTRAAT 8/334, 2200 HERENTALS · event 07-10-2025
2024
20-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · GHSR BVBA DIAMANT- STRAAT 8/334, 2200 HERENTALS · event 31-10-2024
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY VANHOUCKE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
31-10-2024 → present |