ACTIVE

G.H.

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Financial year 2025 · closed on 31/12/2025

Net result

22,2 k €

-73.7% YoY

Gross margin

1,9 M €

+6.1% YoY

Equity

743,6 k €

+3.1% YoY

Workforce

44,6 ETP

+14.4% YoY

What does G.H. do?

G.H. is a Private limited company incorporated in 2002. Its registered office is in Namur. It employs on average 44,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.818.445

Incorporation

26/02/2002

Legal form

Private limited company

Registered office

Rue René Copette(VD) 14
5020 Namur · WallonieSee on map

Contributed capital

46 500,00 €

Latest accounts

31/12/2025

Average workforce

44,6 ETP

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ 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
Gross margin	1,9 M €	+6.1%	1,8 M €	+7.6%	1,7 M €	+7.7%	1,6 M €	+14.8%	1,4 M €	+16.2%	1,2 M €	+11.7%	1,1 M €	-0.5%	1,1 M €	-0.7%	1,1 M €	+8.4%	982,8 k €	+8.8%	903,3 k €	+1.5%	889,9 k €	-3.3%	920,3 k €	-0.6%	925,8 k €	+5.7%	876,3 k €	+9.3%	802,1 k €	-3.8%	833,9 k €	+0.8%	827 k €	+15.1%	718,2 k €	-8.0%	780,5 k €
EBITDA	186,7 k €	-18.8%	229,9 k €	+26.5%	181,7 k €	+17.5%	154,7 k €	-10.1%	172,1 k €	+32.2%	130,2 k €	+46.4%	88,9 k €	-22.1%	114,2 k €	-24.9%	152,1 k €	+14.7%	132,6 k €	+49.8%	88,5 k €	+46.2%	60,5 k €	+68.0%	36 k €	-62.1%	95,1 k €	-6.9%	102,1 k €	+26.0%	81 k €	+11.8%	72,5 k €	-28.7%	101,7 k €	+38.7%	73,3 k €	-11.2%	82,5 k €
Operating result	118,9 k €	-37.3%	189,5 k €	+37.9%	137,5 k €	+24.7%	110,2 k €	-26.5%	149,9 k €	+28.9%	116,2 k €	+49.8%	77,6 k €	-24.5%	102,7 k €	-25.6%	138,1 k €	+23.5%	111,9 k €	+104%	54,8 k €	+176%	19,8 k €	+181%	7,1 k €	-89.0%	64 k €	-7.0%	68,9 k €	+73.3%	39,7 k €	+159%	15,4 k €	-61.5%	40 k €	+694%	5 k €	-19.4%	6,2 k €
Net result	22,2 k €	-73.7%	84,6 k €	+172%	31,1 k €	+19.6%	26 k €	-51.7%	53,9 k €	-36.8%	85,3 k €	+90.1%	44,9 k €	-43.1%	79 k €	-17.1%	95,2 k €	+33.4%	71,4 k €	+123%	32 k €	+253%	9,1 k €	+6.5%	8,5 k €	-78.5%	39,6 k €	+16.6%	33,9 k €	+50.2%	22,6 k €	+555%	3,5 k €	-86.1%	24,8 k €	+620%	3,4 k €	+134%	-10,2 k €
Balance sheet
Equity	743,6 k €	+3.1%	721,4 k €	+13.3%	636,8 k €	-14.0%	740,6 k €	+3.6%	714,6 k €	+8.2%	660,7 k €	+14.8%	575,4 k €	+8.4%	531 k €	+17.3%	452,5 k €	+26.5%	357,8 k €	+24.6%	287,2 k €	+12.0%	256,4 k €	+3.1%	248,6 k €	-3.0%	256,3 k €	+17.6%	218 k €	+17.6%	185,3 k €	+13.0%	164 k €	+1.3%	161,9 k €	+16.8%	138,6 k €	+13.1%	122,5 k €
Total assets	1,2 M €	+10.8%	1,1 M €	+4.7%	1 M €	-2.7%	1 M €	+6.1%	978,4 k €	+13.3%	863,3 k €	+12.7%	766 k €	+10.5%	693,1 k €	+4.4%	663,6 k €	+15.3%	575,5 k €	+11.5%	516,3 k €	-0.0%	516,3 k €	-9.8%	572,6 k €	-0.1%	573 k €	+13.6%	504,4 k €	+1.5%	496,7 k €	+0.8%	493 k €	-8.0%	535,9 k €	+0.2%	535,1 k €	-6.7%	573,8 k €
Cash	594,9 k €	+19.3%	498,5 k €	+27.6%	390,7 k €	-15.7%	463,5 k €	+10.0%	421,3 k €	-5.0%	443,5 k €	+26.3%	351,3 k €	+11.5%	314,9 k €	+15.2%	273,5 k €	+61.4%	169,4 k €	+68.9%	100,3 k €	-29.2%	141,8 k €	-16.3%	169,4 k €	-22.3%	217,9 k €	+4.9%	207,8 k €	+83.7%	113,2 k €	+102%	56,1 k €	-15.0%	65,9 k €	+17.1%	56,3 k €	-11.7%	63,8 k €
Debts	428,8 k €	+27.3%	336,9 k €	-6.1%	358,7 k €	+20.9%	296,6 k €	+12.9%	262,8 k €	+30.3%	201,6 k €	+6.4%	189,6 k €	+17.8%	160,9 k €	-23.3%	209,9 k €	-3.0%	216,3 k €	-4.9%	227,4 k €	-11.1%	255,9 k €	-20.5%	321,8 k €	+2.2%	314,7 k €	+11.0%	283,5 k €	-7.2%	305,5 k €	-6.2%	325,9 k €	-12.0%	370,5 k €	-5.6%	392,5 k €	-13.0%	451,3 k €
Other
Workforce	44,6 ETP	+14.4%	39,0 ETP	+1.0%	38,6 ETP	+10.3%	35,0 ETP	+15.1%	30,4 ETP	+11.4%	27,3 ETP	+9.2%	25,0 ETP	+4.6%	23,9 ETP	-1.2%	24,2 ETP	+3.9%	23,3 ETP	-5.3%	24,6 ETP	+0.4%	24,5 ETP	-2.8%	25,2 ETP	+2.0%	24,7 ETP	+5.6%	23,4 ETP	-10.0%	26,0 ETP	+8.3%	24,0 ETP	+11.1%	21,6 ETP	+2.9%	21,0 ETP	-6.7%	22,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Juan Garcia Del Estad

Director · since 09 décembre 2020

Active

Nathalie HAMTIAUX

Director · since 09 décembre 2020

Active

Ended mandates

Juan Garcia Del Estad

Director

Ended

JUAN GARCIA DEL ESTAD

Manager

Ended

Nathalie Hamtiaux

Director

Ended

NATHALIE HAMTIAUX

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/07/2026	11/07/2025	19/08/2024	13/07/2023	10/08/2022	29/07/2021
General meeting	30/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	French	PDF
Abridged model	31/12/2024	20/06/2025	11/07/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	19/08/2024	French	PDF
Abridged model	31/12/2022	16/06/2023	13/07/2023	French	PDF
Abridged model	31/12/2021	17/06/2022	10/08/2022	French	PDF
Abridged model	31/12/2020	18/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	19/06/2020	30/07/2020	French	PDF
Abridged model	31/12/2018	21/06/2019	12/07/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	20/06/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	24/07/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	28/07/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	17/07/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	24/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	25/07/2011	French	PDF
Abridged model	31/12/2009	24/06/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	19/06/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	20/06/2008	07/08/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	16/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 ended

Active mandates

Juan Garcia Del Estad

Director · since 09 décembre 2020

Active

Nathalie HAMTIAUX

Director · since 09 décembre 2020

Active

Ended mandates

Juan Garcia Del Estad

Director

Ended

JUAN GARCIA DEL ESTAD

Manager

Ended

Nathalie Hamtiaux

Director

Ended

NATHALIE HAMTIAUX

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/09/2024
DEMISSIONS, NOMINATIONS
PDF
Other01/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates30/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates04/01/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates22/12/2015
DEMISSIONS, NOMINATIONS
PDF
Capital / shares31/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/11/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates24/09/2009
DEMISSIONS, NOMINATIONS
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 202522,2 k €↓
2024
Annual accounts 202484,6 k €↑
2023
Annual accounts 202331,1 k €↑
2022
Annual accounts 202226 k €↓
2022
Name changeGH
2021
Annual accounts 202153,9 k €↓
2020
Annual accounts 202085,3 k €↑
2019
Annual accounts 201944,9 k €↓
2018
Annual accounts 201879 k €↓
2017
Annual accounts 201795,2 k €↑
2016
Annual accounts 201671,4 k €↑
2015
Annual accounts 201532 k €↑
2014
Annual accounts 20149,1 k €↑
2013
Annual accounts 20138,5 k €↓
2012
Annual accounts 201239,6 k €↑
2011
Annual accounts 201133,9 k €↑
2010
Annual accounts 201022,6 k €↑
2009
Annual accounts 20093,5 k €↓
2008
Annual accounts 200824,8 k €↑
2007
Annual accounts 20073,4 k €↑
2006
Annual accounts 2006-10,2 k €
2006
Name changeG.H.
26/02/2002
IncorporationPrivate 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

G.H.

Overview

What does G.H. 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