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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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GHM from Rendeux, company number BE0458718344, closed financial year 2025 with a result of € 16,674 after tax. For that financial year GHM recorded a gross margin of € 25,306 and equity of € 33,998. Compared with financial year 2024, the result moved from € 1,993 to € 16,674. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 33,998
▲ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,674
▲ € 14,681 vs 2024
Profit after tax over the fiscal year.
€ 5,774
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 15,398.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 323
▲ 67% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,005
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,302
▼ 28% vs 2024
€ 302 is repaid this year. At this pace the long-term loan is gone in ≈ 100 years.
€ 5,345
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,769
▲ 205% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,189 | € -3,205 | € 7,750 | € 25,306 | ▲ 227% |
| Profit after taxes | € 9,588 | € -6,954 | € 1,993 | € 16,674 | ▲ € 14,681 |
| Equity | € 22,285 | € 15,331 | € 17,324 | € 33,998 | ▲ 96% |
| Total debts | € 113,158 | € 129,093 | € 133,273 | € 110,505 | ▼ 17% |
| Cash | € 14,576 | € 5,112 | € 6,426 | € 5,774 | ▼ 10% |
| Land & buildings | € 404 | - | - | - | |
| Retained profit | € 3,685 | € -3,269 | € -1,276 | € 15,398 | ▲ € 16,674 |
| Bank debt | € 30,000 | € 50,977 | € 42,371 | € 30,302 | ▼ 28% |
| Balance sheet total | € 151,712 | € 156,789 | € 162,962 | € 156,869 | ▼ 4% |
Key figures of GHM, 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 GHM?
What happened at GHM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,674 (▲ € 14,681 vs 2024). Source: NBB ↗
- New establishment in Rendeux. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,588 profit in 2022 to € 16,674 profit in 2025.
Paid € 526 in corporate taxes since 2022.
Best year ever: 2025, with € 16,674 profit.
Management
The stake of FAMILLE HUBERT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GHMBehind GHM is Georges HUBERT. The shares are held by FAMILLE HUBERT (22%).
Directors
According to the 2025 annual accounts
Shareholders
22%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Hotton, Rendeux 12
6987 Rendeux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0458.718.344
- VAT number
- BE 0458.718.344
- Registered office
- Rue de Hotton, Rendeux 12, 6987 Rendeux
- Names & denominations
- GHM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 1996
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Detailhandel in fietsen
Detailhandel in fietsen in gespecialiseerde winkels
Detailhandel in onderdelen en accessoires van motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)