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 2024; threshold 65 %.
Financials
Financial year 2024
GCLW from Boussu, company number BE0780712616, closed financial year 2024 with a result of € 156,508 after tax. For that financial year GCLW recorded a gross margin of € -1,670 and equity of € 20,000. Compared with financial year 2023, the result moved from € 60,581 to € 156,508. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 2, 2025.
€ 20,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 156,508
▲ 158% vs 2023
Profit after tax over the fiscal year.
€ 110,068
▲ € 100,260 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 156,508 paid out
100 % of the profit went to the shareholders, mostly to Lheureux & Lavenne, assurances (100 % of the shares). That is where the money ends up.
Debts at end 2024
€ 656,566
▼ 18% vs 2023
€ 145,891 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 329
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 876 | € -1,239 | € -1,670 | ▼ € 431 |
| Profit after taxes | € -13,301 | € 60,581 | € 156,508 | ▲ 158% |
| Equity | € 6,699 | € 20,000 | € 20,000 | |
| Total debts | € 1,016,398 | € 1,001,617 | € 1,098,172 | ▲ 10% |
| Cash | € 8,033 | € 9,809 | € 110,068 | ▲ € 100,260 |
| Retained profit | € -13,301 | € 0 | € 0 | |
| Dividend | € 0 | € 47,280 | € 156,508 | ▲ 231% |
| Bank debt | € 920,000 | € 799,288 | € 656,566 | ▼ 18% |
| Balance sheet total | € 1,023,097 | € 1,021,617 | € 1,118,172 | ▲ 9% |
Key figures of GCLW, fiscal years 2022 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 GCLW?
What happened at GCLW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 156,508 (▲ 158% vs 2023). Source: NBB ↗
- New establishment in Boussu. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,301 loss in 2022 to € 156,508 profit in 2024.
Best year ever: 2024, with € 156,508 profit.
Paid out € 203,788 in dividends to the owners in total.
Management
The stake of Lheureux & Lavenne, assurances comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GCLWBehind GCLW is Axur SA. The shares are held by Lheureux & Lavenne, assurances (100%). It owns 100% of A. Lavenne Assurfinance SRL itself.
Directors
According to the 2024 annual accounts
Administrator-manager · represented by Guy Cuvelier
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rue de Dour(B-C) 188
7300 Boussu
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0780.712.616
- VAT number
- BE 0780.712.616
- Registered office
- Rue de Dour(B-C) 188, 7300 Boussu
- Names & denominations
- GCLW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 2022
- Peppol
- Active · Active since 10 Dec 2025