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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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Group GL from Houthalen-Helchteren, company number BE0808091657, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Group GL recorded revenue of € 2.5 million and equity of € 32.5 million. Compared with financial year 2024, the result moved from € 10.1 million to € 1.2 million. The company is profitable. 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 August 25, 2026.
€ 32.5 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 15,922
▼ 93% 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 € 32.3 million.
Debts at end 2025
€ 7.5 million
▼ 38% vs 2024
€ 126,205 is repaid this year. At this pace the long-term loan is gone in ≈ 52 years.
€ 1.9 million
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 331 days on average.
€ 63,080
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,392,401 | € 28,237,082 | € 3,146,590 | € 2,480,639 | ▼ 21% |
| Profit after taxes | € -445,317 | € 6,709,858 | € 10,100,723 | € 1,241,739 | ▼ 88% |
| Equity | € 14,437,831 | € 21,147,690 | € 31,248,413 | € 32,490,152 | ▲ 4% |
| Total debts | € 38,804,654 | € 31,282,911 | € 25,040,488 | € 22,496,872 | ▼ 10% |
| Cash | € 382,095 | € 263,519 | € 224,629 | € 15,922 | ▼ 93% |
| Land & buildings | € 807,582 | € 806,151 | € 759,114 | € 712,077 | ▼ 6% |
| Retained profit | € 14,197,831 | € 20,907,690 | € 31,008,413 | € 32,250,152 | ▲ 4% |
| Bank debt | € 18,170,066 | € 7,886,653 | € 12,055,213 | € 7,511,895 | ▼ 38% |
| Balance sheet total | € 54,275,523 | € 53,305,205 | € 56,587,665 | € 54,987,024 | ▼ 3% |
Key figures of Group GL, 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 Group GL?
What happened at Group GL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 88% vs 2024). filed late Source: NBB ↗
- John Lenaers stepped down as director. NBB
- Ghislain Lenaers stepped down as director. NBB
- John Lenaers became a director. NBB
- Ghislain Lenaers became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 445,317 loss in 2022 to € 1.2 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2024, with € 10.1 million profit.
Management
The stake of GL PROPERTIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Group GLThe shares are held by Stak Andratx (99.6%), John Lenaers (0.4%) and GL PROPERTIES (0.4%). It owns 100% of TT Offices, 100% of Algemene Ond.G.Lenaers, 100% of GL Food Market, 100% of BSL Construct, 99.9% of Zuiderring Invest and 99.9% of GL Immo itself.
Directors
According to the 2025 annual accounts
John Lenaers
Managing director
Owns 0.4% directly
Also active at: GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GROUP GL International, GIROMA, BSL CONSTRUCT +34 more
since 2020 · until 2026
Ghislain Lenaers
Managing director
Also active at: WINKELCENTRUM ZUIDERRING, GL Hospitality, ZUIDERRING INVEST, WEZEL, IMMO CURTIS, Algemene Ondernemingen G. LENAERS, GROUP GL International, GIROMA +34 more
since 2020 · until 2026
Shareholders
Participations
100%
100%
100%
99.9%
99.9%
99.6%
50%
50%
50%
33.3%
27.5%
27.5%
27.5%
0.2%
Establishments
Establishment units
Physical locations of this company
Centrum-Zuid 3053
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →ZUIDERRING INVEST same network
€ -6,124 gross margin · 2025
Algemene Ondernemingen G. LENAERS same network
€ 9.4 million revenue · 2025
GROUP GL International same network
€ 6.9 million revenue · 2025
BSL CONSTRUCT same network
€ -2,302 gross margin · 2025
MOBILEX same network
€ 81,619 gross margin · 2025
+22 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
- 0808.091.657
- VAT number
- BE 0808.091.657
- Registered office
- Centrum-Zuid 3053, 3530 Houthalen-Helchteren
- Names & denominations
- Group GL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2008
- Peppol
- Active · Active since 18 Sept 2025
- Activities · NACE
Ontwikkeling van niet-residentiële bouwprojecten
Activiteiten van holdings
Activiteiten van syndici van onroerend goed
Ontwikkeling van residentiële bouwprojecten
Activiteiten van hoofdkantoren
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Holdings