ACTIVE

GHESP

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Financial year 2025 · closed on 31/12/2025

Net result

-30,9 k €

-103.4% YoY

Gross margin

31,6 k €

-40.3% YoY

Equity

9 M €

-0.3% YoY

What does GHESP do?

GHESP is a Private limited company incorporated in 2011. Its main activity is: Activities of head offices. Its registered office is in Mol.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0841.364.340

Incorporation

24/11/2011

Legal form

Private limited company

Registered office

St.-Pieterstraat 19 box 101
2400 Mol · FlandreSee on map

Contributed capital

6 208 796,22 €

Latest accounts

31/12/2025

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013
Income statement
Gross margin	31,6 k €	-40.3%	53 k €	-41.8%	91,2 k €	-33.6%	137,3 k €	+328%	32,1 k €	-63.8%	88,5 k €	-48.4%	171,6 k €	+20.0%	143 k €	-1.5%	145,2 k €	+15.1%	126,1 k €	-0.8%	127,1 k €	-13.1%	146,3 k €
EBITDA	28,6 k €	-43.0%	50,1 k €	-42.7%	87,5 k €	-35.3%	135,2 k €	+365%	29,1 k €	-66.0%	85,5 k €	-49.3%	168,7 k €	+22.5%	137,8 k €	-2.1%	140,7 k €	+14.1%	123,2 k €	-2.7%	126,7 k €	-11.5%	143,1 k €
Operating result	-40,2 k €	-105%	-19,6 k €	-194%	20,8 k €	-78.8%	98,2 k €	+1342%	-7,9 k €	-118%	43,4 k €	-63.6%	119,2 k €	+35.7%	87,8 k €	-5.9%	93,4 k €	+42.1%	65,7 k €	-30.2%	94,2 k €	-7.9%	102,2 k €
Net result	-30,9 k €	-103%	904,4 k €	+145%	369,1 k €	+24.9%	295,4 k €	+16.4%	253,7 k €	+4.9%	241,9 k €	-21.7%	308,8 k €	+11.3%	277,5 k €	+27.5%	217,6 k €	+46.2%	148,9 k €	+170%	55,1 k €	-67.9%	171,7 k €
Balance sheet
Equity	9 M €	-0.3%	9,1 M €	+1.4%	8,9 M €	+4.3%	8,6 M €	-5.6%	9,1 M €	+2.9%	8,8 M €	+2.8%	8,6 M €	-4.9%	9 M €	+3.2%	8,7 M €	+4.2%	8,4 M €	+1.8%	8,2 M €	+0.7%	8,2 M €
Total assets	9,1 M €	-4.5%	9,6 M €	+6.1%	9 M €	+4.4%	8,6 M €	-6.1%	9,2 M €	+2.5%	9 M €	+2.8%	8,7 M €	-5.1%	9,2 M €	+2.2%	9 M €	+1.4%	8,9 M €	+2.3%	8,7 M €	+0.5%	8,6 M €
Cash	521,3 k €	+1403%	34,7 k €	-86.4%	254,6 k €	+332%	58,9 k €	-50.5%	119 k €	-59.3%	292,1 k €	+1031%	25,8 k €	-91.9%	316,9 k €	+143%	130,4 k €	+439%	24,2 k €	-71.9%	86 k €	-66.8%	259,2 k €
Debts	87,3 k €	-81.9%	482,1 k €	+736%	57,6 k €	+17.7%	49 k €	-52.6%	103,3 k €	-20.8%	130,4 k €	+2.0%	127,8 k €	-15.5%	151,2 k €	-34.5%	230,9 k €	-50.0%	461,6 k €	+12.5%	410,3 k €	-1.9%	418,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Gheys Dirk

Director

Active

Ended mandates

Dirk Gheys

Manager · since 24 novembre 2011

Ended

At this address

Other companies at this address

Company	CBE no.
SiPaKo● Active	1007.708.848

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	01/11/2022	01/11/2021	01/11/2020	01/11/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/10/2022	31/10/2021	31/10/2020
Length of the financial year	12 months	12 months	14 months	12 months	12 months	12 months
Filing date	03/08/2026	04/06/2025	05/06/2024	25/04/2023	26/04/2022	27/04/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	24/04/2023	25/04/2022	26/04/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	03/08/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	05/06/2024	Dutch	PDF
Abridged model	31/10/2022	24/04/2023	25/04/2023	Dutch	PDF
Abridged model	31/10/2021	25/04/2022	26/04/2022	Dutch	PDF
Abridged model	31/10/2020	26/04/2021	27/04/2021	Dutch	PDF
Abridged model	31/10/2019	30/04/2020	30/06/2020	Dutch	PDF
Abridged model	31/10/2018	25/04/2019	27/05/2019	Dutch	PDF
Abridged model	31/10/2017	26/04/2018	08/05/2018	Dutch	PDF
Abridged model	31/10/2016	26/05/2017	30/05/2017	Dutch	PDF
Abridged model	31/10/2015	25/05/2016	25/05/2016	Dutch	PDF
Abridged model	31/10/2014	26/05/2015	27/05/2015	Dutch	PDF
Abridged model	31/10/2013	26/05/2014	03/06/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 1 ended

Active mandates

Gheys Dirk

Director

Active

Ended mandates

Dirk Gheys

Manager · since 24 novembre 2011

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other14/09/2026
DIVERSEN
PDF
Other22/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates20/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/05/2019
KAPITAAL - AANDELEN
PDF
Registered office28/07/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other11/07/2014
DIVERSEN
PDF
Other04/07/2013
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares12/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-30,9 k €↓
2024
Annual accounts 2024904,4 k €↑
2023
Annual accounts 2023369,1 k €↑
2022
Annual accounts 2022295,4 k €↑
2021
Annual accounts 2021253,7 k €↑
2020
Annual accounts 2020241,9 k €↓
2019
Annual accounts 2019308,8 k €↑
2018
Annual accounts 2018277,5 k €↑
2017
Annual accounts 2017217,6 k €↑
2015
Annual accounts 2015148,9 k €↑
2014
Annual accounts 201455,1 k €↓
2013
Annual accounts 2013171,7 k €
24/11/2011
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

GHESP

Overview

What does GHESP do?

Trend over 12 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