Financials
Financial year 2024
GH Real Estate I from Leuven, company number BE0424852872, closed financial year 2024 with a result of € 491,713 after tax. For that financial year GH Real Estate I recorded a gross margin of € 637,090 and equity of € 7 million. Compared with financial year 2023, the result moved from € 728,292 to € 491,713. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2025.
€ 7 million
▲ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 491,713
▼ 32% vs 2023
Profit after tax over the fiscal year.
€ 222,856
▼ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4.2 million.
Debts at end 2024
€ 2.3 million
▼ 20% vs 2023
€ 515,855 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,334
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 181,454
▲ € 179,149 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 759,269 | € 715,465 | € 764,732 | € 637,090 | ▼ 17% |
| Profit after taxes | € 476,576 | € 449,180 | € 728,292 | € 491,713 | ▼ 32% |
| Equity | € 5,311,770 | € 5,760,950 | € 6,489,242 | € 6,980,956 | ▲ 8% |
| Total debts | € 3,979,987 | € 3,368,093 | € 2,914,644 | € 2,499,593 | ▼ 14% |
| Cash | € 275,711 | € 200,812 | € 259,477 | € 222,856 | ▼ 14% |
| Land & buildings | € 4,171,625 | € 4,053,799 | € 3,929,032 | € 3,791,703 | ▼ 3% |
| Retained profit | € 2,506,129 | € 2,955,309 | € 3,683,601 | € 4,175,314 | ▲ 13% |
| Bank debt | € 3,931,454 | € 3,354,367 | € 2,908,462 | € 2,313,805 | ▼ 20% |
| Balance sheet total | € 9,291,757 | € 9,129,043 | € 9,403,886 | € 9,480,548 | ▲ 1% |
Key figures of GH Real Estate I, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GH Real Estate I?
What happened at GH Real Estate I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 491,713 (▼ 32% vs 2023). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 476,576 profit in 2021 to € 491,713 profit in 2024.
Paid € 358,094 in corporate taxes since 2021.
Best year ever: 2023, with € 728,292 profit.
Management
Behind GH Real Estate I are Jean-Bernard MAURIN and Benoît CATELIN. The same people are also behind ABS, GH Real Estate II and General Mobility Services. Benoît CATELIN is also behind IMMO WEST 1, GARAGE MODERN, GARAGE PAUWELS, Maurin Immo East II and REVISIEBEDRIJF CLAES & ZONEN.
Directors
According to the 2024 annual accounts
Jean-Bernard MAURIN
Administrator-manager
Also active at: ABS, GH Real Estate II, General Mobility Services
Benoît CATELIN
Administrator-manager
Also active at: IMMO WEST 1, GARAGE MODERN, GARAGE PAUWELS, Maurin Immo East II, REVISIEBEDRIJF CLAES & ZONEN, EURO-TRUCKS CLAES, EURO-TRUCKS RENTING, LIMBURGSE VERHUURMAATSCHAPPIJ +22 more
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 4
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.852.872
- VAT number
- BE 0424.852.872
- Registered office
- Ambachtenlaan 4, 3001 Leuven
- Names & denominations
- GH Real Estate I
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1983
- Peppol
- Active · Active since 25 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en exploitatie van terreinen
Activiteiten van holdings