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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Late annual account NBB
Fiscal year 2024 was filed 225 days after the legal deadline.
Financials
Financial year 2024
GHASSAN ABOUD GENERAL TRADING from Antwerpen, company number BE0826026759, closed financial year 2024 with a result of € 279,243 after tax. For that financial year GHASSAN ABOUD GENERAL TRADING recorded revenue of € 27.6 million and equity of € 2.6 million. Compared with financial year 2023, the result moved from € -489,407 to € 279,243. 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 March 13, 2026.
€ 2.6 million
▲ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 279,243
▲ still € 489,407 loss in 2023
Profit after tax over the fiscal year.
€ 747,793
▲ 143% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -4.9 million.
People and assets in 2024
9.2
▼ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 817,911
▼ 1% vs 2023
€ 88,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 255,588
▲ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 8.8 million
▼ 30% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 96,554
▼ 26% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 47,568,041 | € 43,804,746 | € 21,432,862 | € 27,601,716 | ▲ 29% |
| Profit after taxes | € -4,984,365 | € 17,451 | € -489,407 | € 279,243 | ▲ € 768,650 |
| Equity | € -2,670,486 | € -2,653,035 | € 2,357,558 | € 2,636,802 | ▲ 12% |
| Total debts | € 20,776,403 | € 22,292,790 | € 14,446,881 | € 11,430,480 | ▼ 21% |
| Cash | € 451,116 | € 709,982 | € 307,300 | € 747,793 | ▲ 143% |
| Land & buildings | € 36,834 | € 19,108 | € 236,797 | € 235,239 | ▼ 1% |
| Retained profit | € -4,731,986 | € -4,714,535 | € -5,203,942 | € -4,924,698 | ▲ € 279,244 |
| Balance sheet total | € 18,105,917 | € 19,639,755 | € 16,804,440 | € 14,067,282 | ▼ 16% |
| Employees (FTE) | 8.2 | 9.4 | 9.4 | 9.2 | ▼ 0.2 |
Key figures of GHASSAN ABOUD GENERAL TRADING, fiscal years 2021 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 GHASSAN ABOUD GENERAL TRADING?
What happened at GHASSAN ABOUD GENERAL TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 279,243. filed late Source: NBB ↗
- Emad Aboud became a director. NBB
- New establishment in Antwerpen. KBO
- Mohamad Ghassan Aboud became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5 million loss in 2021 to € 279,243 profit in 2024.
Paid € 408,576 in corporate taxes since 2021.
Best year ever: 2024, with € 279,243 profit.
Pays suppliers within 121 days on average.
Management
Behind GHASSAN ABOUD GENERAL TRADING are Emad Aboud and Mohamad Ghassan Aboud. The same people are also behind Elements Real Estate, Elements Real Estate II, Elements Real Estate III and GHASSAN ABOUD REAL ESTATE. Emad Aboud is also behind Elements Real Estate I.
Directors
According to the 2024 annual accounts
Emad Aboud
Director
Also active at: Elements Real Estate, Elements Real Estate I, Elements Real Estate II, Elements Real Estate III, GHASSAN ABOUD REAL ESTATE
since 2018
Mohamad Ghassan Aboud
Associate
Also active at: Elements Real Estate, Elements Real Estate II, Elements Real Estate III, GHASSAN ABOUD REAL ESTATE
since 2010
Establishments
Establishment units
Physical locations of this company
Noorderlaan 111
2030 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →ToMACH ENGINEERING
€ 2.4 million revenue · 2025
G.D.S. TRANS SERVICE
€ 825,596 gross margin · 2025
Elements Real Estate same network
€ -1,754 gross margin · 2025
Tilsit
€ -6,722 gross margin · 2025
Elements Real Estate II same network
€ -1,346 gross margin · 2025
+4 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
- 0826.026.759
- VAT number
- BE 0826.026.759
- Registered office
- Noorderlaan 111, 2030 Antwerpen
- Names & denominations
- GHASSAN ABOUD GENERAL TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2010
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in elektrische huishoudapparaten
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)