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 1 of the last 2 fiscal years.
Financials
Financial year 2025
GSH RETAIL from Jette, company number BE1006132597, closed financial year 2025 with a result of € -392,363 after tax. For that financial year GSH RETAIL recorded a gross margin of € 3.9 million and equity of € -195,864. Compared with financial year 2024, the result moved from € 146,500 to € -392,363. The company made a loss. 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 September 30, 2026.
€ -195,864
▼ € 392,363 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -392,363
▼ still € 146,500 profit in 2024
Profit after tax over the fiscal year.
€ 2.3 million
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -245,864.
People and assets in 2025
52.9
▲ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 75% vs 2024
€ 53,300 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.
€ 161,700
▲ € 156,478 vs 2024
Of which on lease € 136,510.
Debts at end 2025
€ 556,585
▲ 271% vs 2024
€ 204,914 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.1 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 475,599
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 1,820,862 | € 3,899,572 | ▲ 114% |
| Profit after taxes | € 146,500 | € -392,363 | ▼ € 538,863 |
| Equity | € 196,500 | € -195,864 | ▼ € 392,363 |
| Total debts | € 2,333,100 | € 3,125,317 | ▲ 34% |
| Cash | € 1,500,575 | € 2,255,927 | ▲ 50% |
| Retained profit | € 146,500 | € -245,864 | ▼ € 392,363 |
| Bank debt | € 150,000 | € 556,585 | ▲ 271% |
| Balance sheet total | € 2,529,600 | € 2,929,453 | ▲ 16% |
| Employees (FTE) | 49.5 | 52.9 | ▲ 3.4 |
Key figures of GSH RETAIL, 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 GSH RETAIL?
What happened at GSH RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 392,363 (▼ € 538,863 vs 2024). filed late Source: NBB ↗
- New establishment in Jette. KBO
- Start of the company according to the CBE. KBO
In short
From € 146,500 profit in 2024 to € 392,363 loss in 2025.
Paid € 50,191 in corporate taxes since 2024.
Best year ever: 2024, with € 146,500 profit.
On average € 73,700 of value added per employee in 2025.
Management
Behind GSH RETAIL are KOSOVË GASHI and ALBANA GASHI. KOSOVË GASHI is also behind KS MANAGEMENT. ALBANA GASHI is also behind GSH CONSULTING.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Dikke-Beuklaan 24
1090 Jette
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1006.132.597
- VAT number
- BE 1006.132.597
- Registered office
- Dikke-Beuklaan 24, 1090 Jette
- Names & denominations
- GSH RETAIL · GSH RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2024
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)