Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 28.2 to 23.5.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GHX EUROPE from Brussel, company number BE0474881613, closed financial year 2025 with a result of € 261,173 after tax. For that financial year GHX EUROPE recorded a gross margin of € 3.5 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 196,908 to € 261,173. Profitable, and profit is growing. 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 13, 2026.
€ 1.6 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 261,173
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 377,069
▲ € 320,372 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 € 1.6 million.
People and assets in 2025
23.5
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 19% vs 2024
€ 137,600 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.
€ 2,568
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 81,031
▲ € 68,226 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,825,862 | € 3,696,383 | € 4,231,966 | € 3,465,195 | ▼ 18% |
| Profit after taxes | € 225,579 | € 221,864 | € 196,908 | € 261,173 | ▲ 33% |
| Equity | € 3,458,344 | € 3,680,208 | € 1,377,117 | € 1,638,289 | ▲ 19% |
| Total debts | € 1,501,620 | € 1,238,910 | € 3,386,525 | € 1,168,559 | ▼ 65% |
| Cash | € 324,828 | € 246,274 | € 56,697 | € 377,069 | ▲ € 320,372 |
| Retained profit | € 3,439,744 | € 3,661,608 | € 1,358,517 | € 1,619,689 | ▲ 19% |
| Dividend | € 0 | € 0 | € 2,500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 4,959,964 | € 4,919,118 | € 4,763,641 | € 2,806,848 | ▼ 41% |
| Employees (FTE) | 29.6 | 28.2 | 27.8 | 23.5 | ▼ 4.3 |
Key figures of GHX EUROPE, 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 GHX EUROPE?
What happened at GHX EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 261,173 (▲ 33% vs 2024). Source: NBB ↗
- Tina MURPHY became a director. NBB
- Christopher BATSON became a director. NBB
- Bernard FONTAINE became a director. NBB
- Nedzad FAJIC became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 225,579 profit in 2022 to € 261,173 profit in 2025.
Paid € 452,618 in corporate taxes since 2022.
Best year ever: 2025, with € 261,173 profit.
On average € 147,500 of value added per employee in 2025.
A new publication or filing at GHX EUROPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GHX EUROPE are Nedzad FAJIC, Christopher BATSON, Bernard FONTAINE and Tina MURPHY.
Directors
According to the 2025 annual accounts
Nedzad FAJIC
Director
since 2013
Christopher BATSON
Director
since 2020
Bernard FONTAINE
Director
since 2019
Tina MURPHY
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Louizalaan 81
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
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€ 282,053 gross margin · 2025
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+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
RACKSPACE-LON, GB
Domain
Domain
ghxeurope.com
Registered
2001-01-09
Registrar
Squarespace Domains II LLC
Expires
2027-01-09
Website info
Features
Security
Details
- Company number
- 0474.881.613
- VAT number
- BE 0474.881.613
- Registered office
- Louizalaan 81, 1050 Brussel
- Names & denominations
- GHX EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2001
- Peppol
- Active · Active since 28 Jan 2026
- Contact
- ghxeurope.com
- Activities · NACE
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