Losses
-€18,664 in four years
Every financial year from 2021 to 2024 closed with a loss. 2021 was the heaviest.
GMH
Lifetime
7 annual accounts with figures on one time axispeak €17,797 (2023)
€16,975▼ 4.6%
lowest -€7,930 (2018)
-€3,211▲ €1,563
peak €20,794 (2020)
€2,129▼ 60.1%
€5,927▲ 850%
Board2 names since 2017
-
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from -€4,254 to -€2,347Loss of €3,211Equity from €5,340 to €2,129Debts from €624 to €5,927
Key points
from the 2024 annual accountsDebts
€5,927 74% of the balance sheet
Suppliers 2%Taxes and wages 98%
Payment terms
40 days from customers
Customers pay 35 days later.
Liquidity
1.06 was 6.67 in 2023
Short-term debts rose from €624 to €5,927.
Filings
7 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Starting capital
€18,600 100 shares
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,134 companies had the same profile as GMH has now. Each dot stands for 3 companies, two years later.
86.3%
were still trading
6.6%
stopped another way
6.4%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 1,134 companies, not a prediction for GMH. 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.
Signals
Board and ownership
last known boardManager, until 2018
- 100 sharesdeed of 29-08-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0675398528
Transfer of 20 shares from to
Resignation: (manager) · holds 100 shares · General meeting of 30-06-2018 · Gazette deed
First establishment
Rue Saint-Joseph 28, Namur
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointments: (manager) and (manager) · published on 08-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GMH Namur | €8,056 | -€2,347 | 26.4% | - |
| SAMA STAR Antwerp | €7,046 | -€4,288 | -378.9% | - |
| SAFAR Ronse | €9,143 | -€10,427 | -156.9% | - |
| KOZ-ELEC Verviers | €7,038 | -€8,440 | 73.0% | - |
| the phone specialist Leopoldsburg | €13,978 | -€98,666 | -433.7% | - |
| WEBSISTO CONSULT Watermael-Boitsfort | €5,151 | -€8,857 | 99.5% | - |
| NO BE ONE Chaumont-Gistoux | €11,276 | -€424 | -188.0% | - |
These companies have the same main activity as GMH: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €5,150 and €14,000, founded between 2014 and 2018.
Official details
Source: KBO- Status
- Active since 04-05-2017Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 3 others
- Establishment unit
- 2.264.159.9445000 Namur, since 20-05-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 07-02-2026
Insights on GMH
GMH has existed since 2017. Turnover grew from €10,749 in 2018 to €16,975 in 2024.
Solvency fell in 2024 from 89.5% to 26.4% because of the loss.
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 GMH
- What is the company number of GMH?
- The company number of GMH is 0675.398.528. The VAT number is the same number with BE in front: BE 0675.398.528.
- Where is GMH based?
- The registered office is at Rue Saint-Joseph 28, 5000 Namur.Company details
- What does GMH do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of GMH?
- GMH is a private limited company (pre-2019) (BVBA).
- When was GMH founded?
- GMH was founded on 04-05-2017.
- Is GMH still active?
- Yes, GMH is an active enterprise in the KBO register.
- What is the turnover of GMH?
- The turnover of GMH was €16,975 in financial year 2024, according to the filed annual accounts.Financials
- Is GMH profitable?
- In financial year 2024, GMH made a loss of €3,211.
- Where can I find the annual accounts of GMH?
- GMH filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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