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 2 to 0.3.
Financials
Financial year 2025
Global Shares Belgium from Brussel, company number BE0798506968, closed financial year 2025 with a result of € 92,221 after tax. For that financial year Global Shares Belgium recorded a gross margin of € 664,222 and equity of € 375,158. Compared with financial year 2024, the result moved from € 46,203 to € 92,221. 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 31, 2026.
€ 375,158
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 92,221
▲ 100% vs 2024
Profit after tax over the fiscal year.
€ 319,269
▼ 78% 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 € 365,158.
People and assets in 2025
0.3
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 536,226
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 742,632
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,112
▼ 74% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 3,299,768 | € 542,846 | € 664,222 | ▲ 22% |
| Profit after taxes | € 226,733 | € 46,203 | € 92,221 | ▲ 100% |
| Equity | € 236,733 | € 282,937 | € 375,158 | ▲ 33% |
| Total debts | € 2,995,220 | € 2,329,289 | € 1,279,022 | ▼ 45% |
| Cash | € 2,418,491 | € 1,457,593 | € 319,269 | ▼ 78% |
| Retained profit | € 226,733 | € 272,937 | € 365,158 | ▲ 34% |
| Bank debt | € 0 | € 830,205 | € 0 | ▼ 100% |
| Balance sheet total | € 3,231,953 | € 2,612,226 | € 1,654,180 | ▼ 37% |
| Employees (FTE) | 2 | 1.1 | 0.3 | ▼ 0.8 |
Key figures of Global Shares Belgium, fiscal years 2023 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 Global Shares Belgium?
What happened at Global Shares Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 92,221 (▲ 100% vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 226,733 profit in 2023 to € 92,221 profit in 2025.
Paid € 122,346 in corporate taxes since 2023.
Best year ever: 2023, with € 226,733 profit.
On average € 493,500 of value added per employee in 2024.
A new publication or filing at Global Shares Belgium? 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 Global Shares Belgium is Timothy Houstoun.
Directors
According to the 2025 annual accounts
Timothy Houstoun
Director
Establishments
Establishment units
Physical locations of this company
Regentlaan 35
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →EUROPEAN EXPRESS ASSOCIATION
€ 14,927 gross margin · 2025
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€ 103.6 million revenue · 2025
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+3 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
- 0798.506.968
- VAT number
- BE 0798.506.968
- Registered office
- Regentlaan 35, 1000 Brussel
- Names & denominations
- Global Shares Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2023
- Peppol
- Active · Active since 29 Dec 2025
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