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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GGX from Morlanwelz, company number BE0803949163, closed financial year 2025 with a result of € 2,011 after tax. For that financial year GGX recorded a gross margin of € 61,497 and equity of € -42,490. Compared with financial year 2024, the result moved from € -97,001 to € 2,011. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ -42,490
▲ € 2,011 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,011
▲ still € 97,001 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -94,990.
People and assets in 2025
€ 47,860
▼ 79% 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.
€ 6,883
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,536
▼ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 151,052 | € 61,497 | ▼ 59% |
| Profit after taxes | € -97,001 | € 2,011 | ▲ € 99,012 |
| Equity | € -44,501 | € -42,490 | ▲ € 2,011 |
| Total debts | € 101,280 | € 44,825 | ▼ 56% |
| Cash | € 4,983 | - | |
| Retained profit | € -97,001 | € -94,990 | ▲ € 2,011 |
| Balance sheet total | € 56,779 | € 2,335 | ▼ 96% |
Key figures of GGX, fiscal years 2024 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 GGX?
What happened at GGX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,011. Source: NBB ↗
- New establishment in La Louvière. KBO
- XAVIER DE BROYER became a director. NBB
- WANIS GUELMANI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 97,001 loss in 2024 to € 2,011 profit in 2025.
Best year ever: 2025, with € 2,011 profit.
Management
Behind GGX are XAVIER DE BROYER and WANIS GUELMANI.
Directors
According to the 2025 annual accounts
XAVIER DE BROYER
Director
since 2023
WANIS GUELMANI
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue des Mésanges(MLZ) 13
7140 Morlanwelz
Place Jules Mansart(L.L) 23
7100 La Louvière
Active since 13 July 2023
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.
Details
- Company number
- 0803.949.163
- VAT number
- BE 0803.949.163
- Registered office
- Rue des Mésanges(MLZ) 13, 7140 Morlanwelz
- Names & denominations
- GGX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2023
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Cafés en bars