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 19 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
GHN from Estaimpuis, company number BE0599758918, closed financial year 2025 with a result of € 11 million after tax. For that financial year GHN recorded a gross margin of € -180,451 and equity of € 11.8 million. Compared with financial year 2024, the result moved from € -12,695 to € 11 million. 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 27, 2026.
€ 11.8 million
▲ € 11 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11 million
▲ still € 12,695 loss in 2024
Profit after tax over the fiscal year.
€ 56,631
▼ 37% 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 € 11.8 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,062
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -16,911 | € -12,615 | € -12,515 | € -180,451 | ▼ € 167,936 |
| Profit after taxes | € -18,011 | € -13,755 | € -12,695 | € 11,030,780 | ▲ € 11 million |
| Equity | € 835,743 | € 821,987 | € 809,292 | € 11,840,073 | ▲ € 11 million |
| Total debts | € 1,226,155 | € 1,220,435 | € 1,188,966 | € 1,113,140 | ▼ 6% |
| Cash | € 154,242 | € 134,767 | € 90,603 | € 56,631 | ▼ 37% |
| Retained profit | € 817,143 | € 803,387 | € 790,692 | € 11,821,473 | ▲ € 11 million |
| Balance sheet total | € 2,061,898 | € 2,042,423 | € 1,998,259 | € 12,953,213 | ▲ € 11 million |
Key figures of GHN, 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 GHN?
What happened at GHN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11 million. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Estaimpuis. KBO
In short
From € 18,011 loss in 2022 to € 11 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 11 million profit.
Management
Behind GHN is Grégoire NICOL. It owns 17.8% of DYNASTIE and TWELVE itself.
Directors
According to the 2025 annual accounts
Grégoire NICOL
Director
Establishments
Establishment units
Physical locations of this company
Rue du Haut Pont(N) 12
7730 Estaimpuis
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Domain
Domain
poisson-or.com
Registered
1999-10-12
Registrar
Gandi SAS
Expires
2026-10-12
Website info
Features
Security
Details
- Company number
- 0599.758.918
- VAT number
- BE 0599.758.918
- Registered office
- Rue du Haut Pont(N) 12, 7730 Estaimpuis
- Names & denominations
- GHN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2015
- Peppol
- Not registered
- Contact
- poisson-or.com