GEHLEN MANAGEMENT
GEHLEN MANAGEMENT and the 16 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 17 of the 17 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: GEHLEN MANAGEMENT, healthy (90/100).
- 6 companies with negative equity: ROYEN (-€1.3m), COVEBAT (-€1.2m), CARoVi (-€32,306), BSL RENOVATION (-€27,127), RG GROUP IMMO (-€16,760), CITY WASH (-€10,139).
- 7 companies with a loss in the latest year: ROYEN (-€1.1m), K INVEST (-€270,487), BSL RENOVATION (-€152,854), CITY WASH (-€47,628), CUISINES ALBERT (-€35,094), CUBE RENTING (-€6,633) and 1 more.
- 2 companies no longer active in the register: COVEBAT, G-Bois.
- 25.9% of the added-up total assets sits in one company: GEHLEN MANAGEMENT.
- 12.4% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- GEHLEN MANAGEMENT11 subsidiariesHealthy · 90€26.6m €11.1m 2025
- ARDENNE RAILS1 subsidiaryHealthy · 96€7.9m €3.4m 2025
- Healthy · 96€4.2m €2.0m 2025
- Fair · 46€1.4m -€27,127 2025
- Fair · 56€9,522 -€32,306 2025
- Healthy · 62€1.9m €188,216 2025
- DEGE.IN1 subsidiaryFair · 87€5.4m €5,656 2025
- Healthy · 69€985,997 €278,018 2025
- GEHLEN IMMO1 subsidiaryHealthy · 83€8.4m €926,318 2025
- Fair · 54€834,872 -€10,139 2025
- Elevated · 53€9.9m €77,232 2025
- Healthy · 81€2.5m €572,319 2025
- Fair · 48€344,352 -€16,760 2025
- Fair · 52€3.4m -€1.3m 2025
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
-
Dissolution of the company
-
Share cancellation
-
Dissolution of the company
-
Dissolution of the company
-
Dissolution of the company
-
Share cancellation
-
SRL DNS Management resigns as director
-
Incorporation of SERBI
-
Incorporation of SERBI
-
Incorporation of SERBI
-
Incorporation of SERBI
-
Share transfer
-
Transfer of 100 shares
-
Vivien DELTOUR resigns as director
-
1 director appointed, 1 director resigning
-
Registered office moved from Waimes to Thimister-Clermont
-
Benoît REMANS resigns as director
What is my exposure to this group?
The companies of this group you keep in your lists or follow, seen together.
Sign in to see which customers or suppliers from your lists belong to this group, and how they stand.
Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 05-10-2026