GHZ Projects
ActiveSummary
GHZ Projects has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €47k. Its solvency ranks better than 23% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency48▲+6
Growth78
Track record82
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.21 in 2024; short-term debt: 76.5% and cash: 25.4% of total assets), and 76.5% of the assets are financed with debt.
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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.5%
Return on assets
52.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-05-2026, 91 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
91 d early
2024
139 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 92.0%
2024 · €11k
2024: €11k
2025: €21k▲ +92.0% vs 2024
2024 → 2025
Total assets
€90k▲ 42.8%
2024 · €63k
2024: €63k
2025: €90k▲ +42.8% vs 2024
2024 → 2025
Net result
€47k▲ 4.7%
2024 · €45k
2024: €45k
2025: €47k▲ +4.7% vs 2024
2024 → 2025
Working capital
€21k▲ 92.0%
2024 · €11k
2024: €11k
2025: €21k▲ +92.0% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€11k-€21k▲ 92.0%
2024: €11k
2025: €21k▲ +92.0% vs 2024
Operating result€60k-€63k▲ 4.7%
2024: €60k
2025: €63k▲ +4.7% vs 2024
Net result€45k-€47k▲ 4.7%
2024: €45k
2025: €47k▲ +4.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €90k
Equity
€21k ▲ 92.0%
Debt
€69k ▲ 32.4%
Debt's share of the balance-sheet total falls from 82.5% to 76.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.31▲
2024 · 1.21
Debt to equity
3.26▼
2024 · 4.73
ROE
223.2%▼
2024 · 409.2%
ROA
52.4%▼
2024 · 71.5%
Debt ≤ 1 year
€69k▲
2024 · €52k
Income taxes
€16k▲
2024 · €15k
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 · 2025 against 2024 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63k€90k▲
Current assets29/58€63k€90k▲
Amounts receivable within one year40/41€22k€23k▲
Trade receivables40€22k€23k▲
Cash at bank and in hand54/58€2k€23k▲
Deferred charges and accrued income490/1€40k€44k▲
Equity and liabilities
Total equity and liabilities10/49€63k€90k▲
Equity10/15€11k€21k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€10k€20k▲
Amounts payable17/49€52k€69k▲
Amounts payable within one year42/48€52k€69k▲
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€16k€32k▲
Taxes450/3€16k€32k▲
Other amounts payable47/48€35k€37k▲
Income statement
Code20242025
Other operating charges640/8€1k€568▼
Gross operating margin9900€61k€63k▲
Operating profit (loss)9901€60k€63k▲
Financial charges65/66B€42€40▼
Recurring financial charges65€42€40▼
Profit (loss) for the period before taxes9903€60k€63k▲
Income taxes67/77€15k€16k▲
Profit (loss) for the period9904€45k€47k▲
Profit (loss) for the period to be appropriated9905€45k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€57k▲
Profit (loss) brought forward from the previous period14P-€10k
Profit to be distributed694/7€35k€37k▲
Return on contributions (dividend)694€35k€37k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €1k | €568 | ▼ 50.5% |
| Gross operating margin9900 | €61k | €63k | ▲ 3.7% |
| Operating profit (loss)9901 | €60k | €63k | ▲ 4.7% |
| Financial charges65/66B | €42 | €40 | ▼ 3.7% |
| Recurring financial charges65 | €42 | €40 | ▼ 3.7% |
| Profit (loss) for the period before taxes9903 | €60k | €63k | ▲ 4.7% |
| Income taxes67/77 | €15k | €16k | ▲ 4.7% |
| Profit (loss) for the period9904 | €45k | €47k | ▲ 4.7% |
| Profit (loss) for the period to be appropriated9905 | €45k | €47k | ▲ 4.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €63k | €90k | ▲ 42.8% |
| Current assets29/58 | €63k | €90k | ▲ 42.8% |
| Amounts receivable within one year40/41 | €22k | €23k | ▲ 5.3% |
| Trade receivables40 | €22k | €23k | ▲ 5.3% |
| Cash at bank and in hand54/58 | €2k | €23k | ▲ 1,408% |
| Deferred charges and accrued income490/1 | €40k | €44k | ▲ 11.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €63k | €90k | ▲ 42.8% |
| Equity10/15 | €11k | €21k | ▲ 92.0% |
| Contributions10/11 | €1k | €1k | = |
| Profit (loss) carried forward14 | €10k | €20k | ▲ 101% |
| Amounts payable17/49 | €52k | €69k | ▲ 32.4% |
| Amounts payable within one year42/48 | €52k | €69k | ▲ 32.4% |
| Trade debts44 | €1k | - | - |
| Suppliers440/4 | €1k | - | - |
| Taxes, remuneration and social security45 | €16k | €32k | ▲ 99.7% |
| Taxes450/3 | €16k | €32k | ▲ 99.7% |
| Other amounts payable47/48 | €35k | €37k | ▲ 5.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €47k | ▲ 4.7% |
| Operating cash flow (approximation) | €45k | €47k | ▲ 4.7% |
| Change in cash | - | €21k | - |
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
Next filing, fiscal year 2026, expected by
2026
01-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Beringen · 1 establishment unit since 2023
Ground area
273 m²
Building footprint
295 m²
Volume, LiDAR
1,478 m³
Parcel 71005C1008/00H000, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
GHZ Projects
since 20232.352.015.616
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005C1008/00H000 | Flanders | 273 m² | 1 · 295 m² | 10.8 m · 1 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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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,199 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
64210Activities of holding companies
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.