ACTIVE

GHLM

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Financial year 2025 · closed on 30/09/2025
Net result
-16,9 k €
-365.2% YoY
Gross margin
-12,8 k €
-200.5% YoY
Equity
60,3 k €
-21.9% YoY

What does GHLM do?

GHLM is a Private company with limited liability incorporated in 2017. Its main activity is: Manufacture of jewellery and related articles. Its registered office is in Tervuren.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0676.619.045
Incorporation
07/06/2017
Legal form
Private company with limited liability
Registered office
Elisabethlaan 24
3080 Tervuren · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/09/2025
Activities (NACE)
32124Manufacture of jewellery and related articles· main32124Manufacture of jewellery and related articles32130Manufacture of imitation jewellery and related articles32130Manufacture of imitation jewellery and related articles46480Wholesale of watches and jewellery46480Wholesale of watches and jewellery+6
Signals
Good liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin-12,8 k €12,7 k €35,6 k €12,4 k €10,6 k €16,5 k €22,9 k €5,3 k €
EBITDA-14,5 k €12,3 k €35,2 k €12,1 k €10,2 k €16,1 k €22,5 k €3,8 k €
Operating result-16,7 k €9,9 k €19,1 k €9,7 k €7,4 k €14,1 k €21,1 k €1,7 k €
Net result-16,9 k €6,4 k €14,9 k €2,8 k €4,9 k €10,9 k €17,2 k €612 €
Balance sheet
Equity60,3 k €77,1 k €70,8 k €55,9 k €53,1 k €42,2 k €32,3 k €13,1 k €
Total assets328,2 k €302,1 k €310,7 k €269,3 k €254,4 k €243,2 k €220,3 k €108,4 k €
Cash14,8 k €23,5 k €16,6 k €23,5 k €71,4 k €93,9 k €73,9 k €9 k €
Debts265,9 k €223 k €238 k €211,4 k €199,3 k €199 k €186 k €95,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

Ghislaine Holvoet

Director

Active
Laurence Marie Van Cauwenberghe

Director

Active

Ended mandates

Ghislaine Holvoet

Manager · since 07 juin 2017

Ended
laurence Marie Van Cauwenberghe

Manager · since 07 juin 2017

Ended
At this address

Other companies at this address

CompanyCBE no.
AUDIO-VISUAL BUSINESS COMMUNICATION● Active
0439.265.983
LMH IMMO-INVEST● Active
0865.969.280
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/04/202628/04/202528/05/202428/04/202328/04/202229/04/2021
General meeting13/03/202614/03/202508/03/202417/03/202311/03/202212/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202513/03/202630/04/2026DutchPDF
Micro model30/09/202414/03/202528/04/2025DutchPDF
Micro model30/09/202308/03/202428/05/2024DutchPDF
Micro model30/09/202217/03/202328/04/2023DutchPDF
Micro model30/09/202111/03/202228/04/2022DutchPDF
Micro model30/09/202012/03/202129/04/2021DutchPDF
Micro model30/09/201913/03/202030/04/2020DutchPDF
Micro model30/09/201815/03/201920/05/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 2 active · 2 ended

Active mandates

Ghislaine Holvoet

Director

Active
Laurence Marie Van Cauwenberghe

Director

Active

Ended mandates

Ghislaine Holvoet

Manager · since 07 juin 2017

Ended
laurence Marie Van Cauwenberghe

Manager · since 07 juin 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/06/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 2025-16,9 k €↓
  2. 2024
    Annual accounts 20246,4 k €↓
  3. 2023
    Annual accounts 202314,9 k €↑
  4. 2022
    Annual accounts 20222,8 k €↓
  5. 2021
    Annual accounts 20214,9 k €↓
  6. 2020
    Annual accounts 202010,9 k €↓
  7. 2019
    Annual accounts 201917,2 k €↑
  8. 2018
    Annual accounts 2018612 €
  9. 07/06/2017
    IncorporationPrivate company with limited liability