Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 8.8 to 7.7.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GROUP GL International from Houthalen-Helchteren, company number BE0426207607, closed financial year 2025 with a result of € -197,986 after tax. For that financial year GROUP GL International recorded revenue of € 6.9 million and equity of € 69.9 million. Compared with financial year 2024, the result moved from € -12.3 million to € -197,986. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 69.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -197,986
▲ 98 % less loss than in 2024
Profit after tax over the fiscal year.
€ 855,776
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 69.8 million.
People and assets in 2025
7.7
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 753,312
▼ 3% vs 2024
€ 97,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 124,054
▼ 24% vs 2024
Of which on lease € 42,753.
Debts at end 2025
€ 11.9 million
▼ 4% vs 2024
€ 190,717 is repaid this year. At this pace the long-term loan is gone in ≈ 54 years.
€ 256,998
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.
€ 193,259
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,481,540 | € 9,349,575 | € 5,963,475 | € 6,865,738 | ▲ 15% |
| Profit after taxes | € 1,006,468 | € 1,619,072 | € -12,315,232 | € -197,986 | ▲ € 12.1 million |
| Equity | € 80,752,758 | € 82,371,830 | € 70,056,598 | € 69,858,612 | |
| Total debts | € 12,125,532 | € 13,284,530 | € 43,952,096 | € 43,631,948 | ▼ 1% |
| Cash | € 263,059 | € 3,772,088 | € 1,640,342 | € 855,776 | ▼ 48% |
| Land & buildings | € 1,572,256 | € 1,646,347 | € 6,139,886 | € 5,464,471 | ▼ 11% |
| Retained profit | € 80,690,758 | € 82,309,830 | € 69,994,598 | € 69,796,612 | |
| Bank debt | € 5,907,941 | € 3,913,958 | € 12,402,718 | € 11,902,317 | ▼ 4% |
| Balance sheet total | € 92,878,290 | € 95,656,360 | € 114,008,694 | € 113,490,560 | |
| Employees (FTE) | 10.6 | 8.8 | 8.7 | 7.7 | ▼ 1 |
Key figures of GROUP GL International, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GROUP GL International?
What happened at GROUP GL International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- John Lenaers stepped down as director. NBB
- Ghislain Lenaers stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 197,986. filed late Source: NBB ↗
- John Lenaers became a director. NBB
- Ghislain Lenaers became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 197,986 loss in 2025.
Paid € 778,067 in corporate taxes since 2022.
Best year ever: 2023, with € 1.6 million profit.
Pays suppliers within 27 days on average.
Management
The shares are held by STAK ANDRATX (100%). It owns 100% of Oud Gasthuis, 100% of Antwerp Properties, 100% of GL Properties, 100% of Groen Brugge 2, 100% of Shopping Den Tir and 100% of Bedrijvenpark Nekkerspoel itself.
Directors
According to the 2025 annual accounts
John Lenaers
Managing director
Also active at: GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GIROMA, BSL CONSTRUCT, MOBILEX +34 more
since 2023 · until 2029
Ghislain Lenaers
Managing director
Also active at: WINKELCENTRUM ZUIDERRING, GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GIROMA, BSL CONSTRUCT +34 more
since 2023 · until 2029
Shareholders
STAK ANDRATX
100%
Participations
100%
100%
100%
100%
100%
100%
100%
33.3%
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 3053
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →ZUIDERRING INVEST same network
€ -6,124 gross margin · 2025
Algemene Ondernemingen G. LENAERS same network
€ 9.4 million revenue · 2025
BSL CONSTRUCT same network
€ -2,302 gross margin · 2025
MOBILEX same network
€ 81,619 gross margin · 2025
TOJA same network
€ -1,806 gross margin · 2025
+22 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.207.607
- VAT number
- BE 0426.207.607
- Registered office
- Centrum-Zuid 3053, 3530 Houthalen-Helchteren
- Names & denominations
- GROUP GL International
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 1984
- Peppol
- Active · Active since 1 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings