Equity
€18,600 from €117,895 in 2021
Equity fell by 84% in 4 years.
GLH Consulting
Overview
Lifetime
6 annual accounts with figures on one time axispeak €171,489 (2023)
€150,063▲ 34.7%
peak €173,126 (2020)
€96,010▲ 29.2%
peak €117,895 (2021)
€18,600unchanged
€177,721▲ 27.4%
Board2 names since 2015
2 directors and 1 other
Documentsfilings and deeds
06-03-2026147 days before the deadline
2025micro format
Gross margin from €111,398 to €150,063Result from €74,330 to €96,010Dividend €96,010Debts from €139,534 to €177,721Investments €65,907Cash from €64,325 to €43,626
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Key points
from the 2025 annual accountsTurnover
≈ €230,000 estimated
The micro format states no turnover.
Debts
€177,721 91% of the balance sheet
Financial debts 23%Suppliers 1%Taxes and wages 6%Other 70%
Of this, €136,964 falls due within a year.
Investments
€65,907 2.9 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 28 to 147 days before the end of the period.
Position in the sector
9.5%
Lower solvency than 85% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,325 companies had the same profile as GLH Consulting has now. Each dot stands for 4 companies, two years later.
95.2%
were still trading
3.2%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 1,325 companies, not a prediction for GLH Consulting. 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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The scores and ratios are Checked's own calculations, not a credit decision.
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Signals
6 signals are hidden.
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597772693
Company renamed from Heiremans IT & Software to GLH Consulting
Change of role: , from manager to director · Appointment: (director) · “Het voorwerp van de vennootschap is:” (deed in Dutch) · General meeting of 30-03-2020 · Gazette deed
Incorporation
published on 11-02-2015 · Gazette deed
First establishment
Bremlaan 4, Kapellen
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLH Consulting Kapellen | €196,321 | €150,063 | 9.5% | - |
| PursuitPower Mol | €209,175 | €140,420 | 53.4% | - |
| appsilon Lochristi | €209,390 | €156,845 | 23.4% | - |
| VISUAL BOOKS Héron | €206,236 | €161,864 | 20.4% | - |
| DATACAMA Namur | €226,042 | €150,502 | 50.4% | - |
| Itmax Consulting Anderlecht | €218,836 | €163,596 | 13.8% | - |
| E+ EUROPE Uccle | €184,422 | €129,336 | 82.2% | - |
These companies have the same main activity as GLH Consulting: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €184,000 and €226,000, founded between 2014 and 2015.
Official details
Source: KBO- Status
- Active since 07-02-2015Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 6 others
- Establishment unit
- 2.239.226.7862950 Kapellen, since 07-02-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2025
Annual accounts 2025
- €150,063▲ 34.7%
- €96,010▲ 29.2%
- €18,600=
- €196,321▲ 24.1%
- Filing
- Filed on 06-03-2026, 147 days before the end of the filing period
Insights on GLH Consulting
GLH Consulting files the micro format. That format states no turnover. The gross margin rose from €113,840 in 2020 to €150,063 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 06-03-2026, 147 days before the deadline€150,063
▲ 34.7%
€126,141
▲ 33.3%
€96,010
▲ 29.2%
-€30,680
▼ €2,070
9.5%
▼ 2.3 percentage points
0.78
▼ 0.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €210,000 and €290,000.
Balance sheet
balance sheet total €196,321 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
9.5%
Higher than 14% of 21,217 companies in 2025.
0.78
Higher than 10% of 20,581 companies in 2025.
48.9%
Higher than 85% of 20,756 companies in 2025.
GLH Consulting
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
196,321 | 158,134 | 172,568 | 248,733 | 254,090 | 294,186 | |
21/28 |
90,036 | 47,210 | 63,111 | 30,305 | 39,869 | 51,870 | |
22/27 |
90,036 | 47,210 | 63,111 | 30,305 | 39,869 | 51,870 | |
23 |
594 | 1,214 | 1,835 | 2,456 | 3,077 | - | |
24 |
89,443 | 45,996 | 61,276 | 27,849 | 36,792 | 51,870 | |
29/58 |
106,284 | 110,924 | 109,457 | 218,428 | 214,221 | 242,316 | |
40/41 |
58,732 | 42,083 | 45,907 | 34,490 | 38,629 | 45,373 | |
40 |
58,415 | 42,062 | 38,942 | 28,667 | 38,629 | 45,373 | |
41 |
318 | 20 | 6,965 | 5,823 | - | - | |
54/58 |
43,626 | 64,325 | 45,936 | 179,064 | 170,845 | 192,368 | |
490/1 |
3,926 | 4,516 | 17,615 | 4,874 | 4,747 | 4,574 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
196,321 | 158,134 | 172,568 | 248,733 | 254,090 | 294,186 | |
10/15 |
18,600 | 18,600 | 18,600 | 18,600 | 117,895 | 47,256 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
- | - | - | 0 | 99,295 | 28,656 | |
133 |
- | - | - | 0 | 99,295 | 28,656 | |
14 |
0 | 0 | 0 | 0 | - | - | |
17/49 |
177,721 | 139,534 | 153,968 | 230,133 | 136,194 | 246,930 | |
17 |
40,757 | 0 | 2,611 | 12,979 | 23,224 | 33,346 | |
170/4 |
40,757 | 0 | 2,611 | 12,979 | 23,224 | 33,346 | |
42/48 |
136,964 | 139,534 | 149,985 | 216,754 | 112,971 | 213,584 | |
42 |
11,929 | 2,611 | 10,368 | 10,244 | 10,122 | 10,002 | |
43 |
107 | - | - | - | - | - | |
430/8 |
107 | - | - | - | - | - | |
44 |
1,261 | 1,356 | 11,573 | 91 | 58 | 6,096 | |
440/4 |
1,261 | 1,356 | 11,573 | 91 | 58 | 6,096 | |
45 |
11,038 | 493 | 0 | 6,133 | 5,622 | 8,511 | |
450/3 |
11,038 | 493 | 0 | 6,133 | 5,622 | 8,511 | |
47/48 |
112,629 | 135,074 | 128,044 | 200,286 | 97,169 | 188,975 | |
492/3 |
- | 0 | 1,372 | 400 | - | - | |
| Income statement | |||||||
9900 |
150,063 | 111,398 | 171,489 | 114,843 | 123,401 | 113,840 | |
630 |
23,080 | 15,901 | 13,573 | 12,445 | 19,274 | 16,813 | |
631/4 |
- | 0 | 32,000 | - | - | - | |
640/8 |
842 | 903 | 858 | 665 | 782 | 873 | |
66A |
- | - | 0 | 836 | - | - | |
9901 |
126,141 | 94,594 | 125,059 | 100,897 | 103,346 | 96,154 | |
75/76B |
447 | 128 | 758 | 29,630 | 108,279 | 132,308 | |
75 |
447 | 128 | 758 | 0 | 0 | 0 | |
76B |
- | - | 0 | 29,630 | 108,279 | 132,308 | |
65/66B |
2,673 | 239 | 310 | 472 | 570 | 655 | |
65 |
2,673 | 239 | 310 | 472 | 570 | 655 | |
9903 |
123,916 | 94,483 | 125,507 | 130,054 | 211,055 | 227,807 | |
67/77 |
27,906 | 20,153 | 27,783 | 29,064 | 50,415 | 54,681 | |
9904 |
96,010 | 74,330 | 97,724 | 100,990 | 160,640 | 173,126 | |
9905 |
96,010 | 74,330 | 97,724 | 100,990 | 160,640 | 173,126 | |
| Appropriation of the result | |||||||
9906 |
96,010 | 74,330 | 97,724 | 100,990 | 160,640 | 173,126 | |
791/2 |
- | - | 0 | 99,295 | - | 3,345 | |
691/2 |
- | - | - | 0 | 70,640 | - | |
6921 |
- | - | - | 0 | 70,640 | - | |
694/7 |
96,010 | 74,330 | 97,724 | 200,286 | 90,000 | 176,471 | |
694 |
96,010 | 74,330 | 97,724 | 200,286 | 90,000 | 176,471 | |
| Document | |||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 06-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-03-2026 | 2026-00051809 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00254806 | |
| 31-12-2023 | micro format | 15-05-2024 | 2024-00092955 | |
| 31-12-2022 | micro format | 31-05-2023 | 2023-00112055 | |
| 31-12-2021 | micro format | 03-06-2022 | 2022-20056351 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-31700367 |
Subsidies and aid
Flemish government 2022 to 2024, 3 entries, €22,105 awarded, €16,844 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €8,966 | €3,705 |
| 2023 | 1 | €7,199 | €7,199 |
| 2022 | 1 | €5,940 | €5,940 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 149,222 | 110,495 | 138,632 | 113,341 | 122,619 | 112,967 | ||
| 119,090 | 90,231 | 111,297 | 113,435 | 179,913 | 189,939 | ||
| 65,907 | 0 | 67,414 | 3,717 | 7,272 | 47,277 | ||
| -20,699 | 18,389 | -133,128 | 8,219 | -21,523 | - | ||
| -30,680 | -28,610 | -40,527 | 1,674 | 101,250 | 28,731 | ||
| 9.5% | 11.8% | 10.8% | 7.5% | 46.4% | 16.1% | ||
| 0.78 | 0.79 | 0.73 | 1.01 | 1.90 | 1.13 | ||
| 9.55 | 7.50 | 8.28 | 12.37 | 1.16 | 5.23 | ||
| 516.2% | 399.6% | 525.4% | 543.0% | 136.3% | 366.4% | ||
| 48.9% | 47.0% | 56.6% | 40.6% | 63.2% | 58.8% | ||
| 55.82 | over 100 | over 100 | over 100 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €65,907 | - | €67,414 | €3,717 | €7,272 |
| €23,080 | €15,901 | €13,573 | €12,445 | €19,274 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on GLH Consulting
The operating result for 2025 is 33% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 88.2% to 90.5%. Debt is higher.
Board & ownership
Board
2 directors, last change in 2020Director
appointed by deed of 03-04-2020
earlier manager, until 03-04-2020
listed in the 2025 annual accounts, filed on 06-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “5.2/ Elk aandeel geeft een gelijk recht bij de verdeling van het overschot na vereffening rekening houdend met hun volstorting. Indien de…”deed of 03-04-2020
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Mandates through the years
2 names, the dashed line is todayDirector
Director
BoardEarliermandate already running before its first mention
Mandates as a list
-
- Director, from 07-02-2015 to date
- Manager, until 03-04-2020
-
- Director, from 30-03-2020 to date
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Control
Capital
- Contribution
- €18,600
- Source
- deed of 03-04-2020
Articles of association
deed of 03-04-2020 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 19:00
Network & group
No group
GLH Consulting has no parent and no holdings in its annual accounts. GLH Consulting shares no director with another company.
Timeline
Timeline
11 events since 2015Board
Filings
Financial
Establishments
201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 147 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 28 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0597772693
2024
Annual accounts 2023 filed PDFmicro format · 77 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 61 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 58 days before the deadline
2021
Equity above €100,000 equity €117,895 ▲149% With a profit in every financial year since 2020, equity grows to €117,895.
Annual accounts 2020 filed PDFmicro format · 29 days before the deadline
2020
Company renamed from Heiremans IT & Software to GLH ConsultingChange of role: , from manager to director · Appointment: (director) · “Het voorwerp van de vennootschap is:” (deed in Dutch) · General meeting of 30-03-20207 points ▸
- General meeting, 30-03-2020
- Name change, GLH Consulting
- Legal-form conversion, from general partnership to private limited company
- Director resignation, (manager)
- Board rule, 2
- Director appointment,
- Director appointment,
- The deed holds 5 more points.
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Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0597.772.693
- VAT number
- BE 0597.772.693
- Peppol ID
- 0208:0597772693
- Other Peppol ID
- 9925:BE0597772693
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-02-2015
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 19:00deed of 03-04-2020 (in Dutch)
- Peppol
- Reachable since 13-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GLH Consulting in Dutch
- Former name
- Heiremans IT & Software until the deed of 03-04-2020
- Entity type
- Legal entity
- Name clauseThe company operates under this name according to its articles.
- GLH Consultingdeed of 03-04-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 03-04-2020 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
62100
Computer programming
63910
Web portal activities
64999
Other financial services
Codes under NACEBEL 2008
62020
IT consultancy main activity
62010
Computer programming, consultancy and related activities
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
63120
Computing infrastructure, data processing, hosting and other information service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het voorwerp van de vennootschap is:”deed of 03-04-2020 (in Dutch)
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Bremlaan 4 registered office 2950 Kapellen 64999 Other financial services | 07-02-2015 | 2.239.226.786 |
Buildings and parcels at the address
- Ground area
- 2,788 m²
- Buildings
- 303 m²
- Volume, LiDAR
- 1,577 m³
- Tallest building
- 14.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11023I0106/00E000 | 2,788 m² | 1 · 303 m² | 14.0 m · 2 |