ACTIVE

GROUP GL International

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-198 k €

+98.4% YoY

Revenue

6,9 M €

+15.1% YoY

Equity

69,9 M €

-0.3% YoY

Workforce

7,7 ETP

-11.5% YoY

What does GROUP GL International do?

GROUP GL International is a Public limited company incorporated in 1984. Its main activity is: Activities of holding companies. Its registered office is in Houthalen-Helchteren. It employs on average 7,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.207.607

Incorporation

07/09/1984

Legal form

Public limited company

Registered office

Centrum-Zuid 3053
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

7,7 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	6,9 M €	+15.1%	6 M €	-36.2%	9,3 M €	+70.6%	5,5 M €	+6.6%	5,1 M €	+17.8%	4,4 M €	-22.6%	5,6 M €	-1.5%	5,7 M €	-27.8%	7,9 M €	+26.5%	6,3 M €	+71.5%	3,7 M €	+10.8%	3,3 M €	+2.8%	3,2 M €	+0.8%	3,2 M €	+4.7%	3 M €	+1376%	205,9 k €	-51.1%	420,8 k €	-40.0%	701,1 k €	-65.7%	2 M €	-38.3%	3,3 M €
EBITDA	477,1 k €	-35.4%	738,4 k €	-36.7%	1,2 M €	+4.4%	1,1 M €	+315%	-519,6 k €	-388%	180,7 k €	-83.5%	1,1 M €	+17.6%	931,5 k €	-58.2%	2,2 M €	-72.9%	8,2 M €	+423%	1,6 M €	-55.3%	3,5 M €	+566%	529 k €	-80.5%	2,7 M €	+568%	406,2 k €	+174%	-547,5 k €	-153%	1 M €	+150%	-2,1 M €	-384%	-429,9 k €	-126%	1,6 M €
Operating result	148 k €	-55.2%	330,2 k €	-67.9%	1 M €	+7.2%	958,5 k €	+235%	-708,1 k €	-343586%	-206 €	-100%	951,3 k €	+32.1%	720,2 k €	-62.1%	1,9 M €	-75.8%	7,8 M €	+691%	990,8 k €	-68.2%	3,1 M €	+1568%	187 k €	-92.4%	2,5 M €	+939%	237,5 k €	+135%	-676 k €	-177%	876,7 k €	+138%	-2,3 M €	-197%	-780,3 k €	-163%	1,2 M €
Net result	-198 k €	+98.4%	-12,3 M €	-861%	1,6 M €	+60.9%	1 M €	+181%	-1,2 M €	-2784%	-43,3 k €	-103%	1,5 M €	+138%	652 k €	-64.0%	1,8 M €	-74.8%	7,2 M €	+167%	2,7 M €	+6.1%	2,5 M €	+159%	-4,3 M €	-173%	5,9 M €	+225%	-4,7 M €	-112%	38,3 M €	+17346%	219,4 k €	-95.9%	5,3 M €	-44.1%	9,6 M €	+1582%	568,2 k €
Balance sheet
Equity	69,9 M €	-0.3%	70,1 M €	-15.0%	82,4 M €	+2.0%	80,8 M €	+1.3%	79,7 M €	-1.5%	81 M €	-0.1%	81 M €	+1.9%	79,5 M €	+0.8%	78,8 M €	+1.0%	78,1 M €	+10.2%	70,9 M €	+4.0%	68,2 M €	+3.9%	65,6 M €	-6.2%	69,9 M €	+9.2%	64,1 M €	-6.8%	68,7 M €	+126%	30,5 M €	+0.7%	30,3 M €	+21.4%	24,9 M €	+62.3%	15,4 M €
Total assets	113,5 M €	-0.5%	114 M €	+19.2%	95,7 M €	+3.0%	92,9 M €	-1.9%	94,7 M €	-6.2%	100,9 M €	+4.6%	96,5 M €	+1.8%	94,8 M €	+1.6%	93,2 M €	+5.2%	88,6 M €	+9.0%	81,3 M €	+10.0%	73,9 M €	-4.6%	77,4 M €	-5.3%	81,7 M €	+3.8%	78,8 M €	-7.9%	85,6 M €	+7.9%	79,3 M €	+8.2%	73,3 M €	+87.0%	39,2 M €	+1.7%	38,5 M €
Cash	855,8 k €	-47.8%	1,6 M €	-56.5%	3,8 M €	+1334%	263,1 k €	-22.9%	341,2 k €	-67.3%	1 M €	-2.4%	1,1 M €	+385%	220,2 k €	-2.4%	225,7 k €	-96.4%	6,2 M €	+2864%	209 k €	+19.5%	174,8 k €	+4.4%	167,5 k €	+456%	30,2 k €	-43.2%	53,1 k €	-67.7%	164,2 k €	-86.2%	1,2 M €	+8863%	13,3 k €	-91.3%	152,7 k €	-50.2%	306,3 k €
Debts	43,6 M €	-0.9%	43,9 M €	+231%	13,3 M €	+9.6%	12,1 M €	-18.7%	14,9 M €	-25.1%	19,9 M €	+28.7%	15,5 M €	+2.3%	15,1 M €	+5.5%	14,3 M €	+36.7%	10,5 M €	+1.7%	10,3 M €	+118%	4,7 M €	-44.0%	8,5 M €	-3.4%	8,8 M €	-12.2%	10 M €	-19.6%	12,4 M €	-72.1%	44,4 M €	+16.4%	38,2 M €	+260%	10,6 M €	-45.8%	19,5 M €
Other
Workforce	7,7 ETP	-11.5%	8,7 ETP	-1.1%	8,8 ETP	-17.0%	10,6 ETP	+17.8%	9,0 ETP	-3.2%	9,3 ETP	+4.5%	8,9 ETP	-8.2%	9,7 ETP	-6.7%	10,4 ETP	+8.3%	9,6 ETP		–		–		–		–		–		–		0,5 ETP	-96.8%	15,6 ETP	-6.6%	16,7 ETP	+12.8%	14,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Ghislain Lenaers

Managing director · since 01 décembre 2023 · until 08 mai 2029

Active

John Lenaers

Managing director · since 01 décembre 2023 · until 08 mai 2029

Active

Ended mandates

Ghislain Lenaers

Managing director · since 26 décembre 2017 · until 26 décembre 2023

Ended

John Lenaers

Managing director · since 26 décembre 2017 · until 26 décembre 2023

Ended

Ghislain Lenaers

Managing director · since 16 juillet 2014 · until 30 juin 2020

Ended

GL PROPERTIES

Director · since 16 juillet 2014 · until 30 juin 2020 · 0890.036.168

Represented by Ghislain Lenaers

Ended

At this address

Other companies at this address

Company	CBE no.
2B Hasselt● Active	0749.651.830
AEROCAROLO DEVELOPMENT● Active	0694.635.806
AEROCAROLO OFFICES● Active	0694.633.925
Algemene Ondernemingen G. LENAERS● Active	0425.038.657
BEDRIJVENPARK NEKKERSPOEL● Active	0466.662.347
BELISIA● Active	0659.850.319
Bergbeemden● Active	0635.625.558
BSL CONSTRUCT● Active	0433.401.740
De Watersnip● Active	0699.903.203
GL FOOD MARKET● Active	0723.436.589
GL-IMMO● Active	0450.426.428
GLOM● Active	0792.843.455
GLOM Construct● Active	1022.194.017
GL PROPERTIES● Active	0890.036.168
GROEN BRUGGE 2● Active	0808.545.874
Group GL● Active	0808.091.657
MAAS IMMOBILIEN BEDRIJF● Active	0473.786.897
MOBILEX● Active	0435.700.046
MOLENWEIDE VASTGOED● Active	0892.119.193
OUD GASTHUIS HASSELT● Active	0893.169.466

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	27/08/2025	23/08/2024	24/08/2023	10/10/2022	29/10/2021
General meeting	27/08/2026	27/08/2025	14/08/2024	03/08/2023	28/09/2022	23/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/08/2026	27/08/2026	Dutch	PDF
Full model	31/12/2024	27/08/2025	27/08/2025	Dutch	PDF
Full model	31/12/2023	14/08/2024	23/08/2024	Dutch	PDF
Full model	31/12/2022	03/08/2023	24/08/2023	Dutch	PDF
Full model	31/12/2021	28/09/2022	10/10/2022	Dutch	PDF
Full model	31/12/2020	23/09/2021	29/10/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	11/09/2020	Dutch	PDF
Full model	31/12/2018	28/08/2019	28/08/2019	Dutch	PDF
Full model	31/12/2017	02/08/2018	30/08/2018	Dutch	PDF
Full model	31/12/2016	27/07/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	23/07/2016	31/08/2016	Dutch	PDF
Full model	31/12/2014	13/11/2015	16/11/2015	Dutch	PDF
Full model	31/12/2013	16/07/2014	30/09/2014	Dutch	PDF
Full model	31/12/2012	02/08/2013	29/08/2013	Dutch	PDF
Full model	31/12/2011	30/06/2012	30/08/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	03/08/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	01/09/2010	Dutch	PDF
Full modelCorrection	31/12/2008	30/06/2009	03/05/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	31/08/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	21/08/2008	Dutch	PDF
Full model	31/12/2006	30/06/2007	25/07/2007	Dutch	PDF
Full modelCorrection	31/12/2005	30/06/2006	22/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Ghislain Lenaers

Managing director · since 01 décembre 2023 · until 08 mai 2029

Active

John Lenaers

Managing director · since 01 décembre 2023 · until 08 mai 2029

Active

Ended mandates

Ghislain Lenaers

Managing director · since 26 décembre 2017 · until 26 décembre 2023

Ended

John Lenaers

Managing director · since 26 décembre 2017 · until 26 décembre 2023

Ended

Ghislain Lenaers

Managing director · since 16 juillet 2014 · until 30 juin 2020

Ended

GL PROPERTIES

Director · since 16 juillet 2014 · until 30 juin 2020 · 0890.036.168

Represented by Ghislain Lenaers

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring19/06/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring04/03/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/01/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring29/01/2025
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/01/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/11/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring31/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-198 k €↑
2024
Annual accounts 2024-12,3 M €↓
14/08/2024
nominationBV CDO Leuven — commissaris
14/08/2024
nominationLuk Ostyn — vaste vertegenwoordiger
01/01/2024
autre
01/01/2024
split
2023
Annual accounts 20231,6 M €↑
01/12/2023
reconductionGhislain LENAERS — bestuurder
01/12/2023
reconductionJohn LENAERS — bestuurder
01/12/2023
nominationGhislain LENAERS — gedelegeerd bestuurder
01/12/2023
nominationJohn LENAERS — gedelegeerd bestuurder
2022
Annual accounts 20221 M €↑
2021
Annual accounts 2021-1,2 M €↓
2020
Annual accounts 2020-43,3 k €↓
2019
Annual accounts 20191,5 M €↑
2018
Annual accounts 2018652 k €↓
2017
Annual accounts 20171,8 M €↓
2016
Annual accounts 20167,2 M €↑
2015
Annual accounts 20152,7 M €↑
2014
Annual accounts 20142,5 M €↑
16/07/2014
revocationRobert Notredame — dagelijkse leiding
16/07/2014
revocationPatrick Koster — dagelijkse leiding
2013
Annual accounts 2013-4,3 M €↓
2012
Annual accounts 20125,9 M €↑
2011
Annual accounts 2011-4,7 M €↓
2010
Annual accounts 201038,3 M €↑
2009
Annual accounts 2009219,4 k €↓
2008
Annual accounts 20085,3 M €↓
2007
Annual accounts 20079,6 M €↑
2006
Annual accounts 2006568,2 k €
07/09/1984
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GROUP GL International

Overview

What does GROUP GL International do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline