GH LEASE
ActiveSummary
GH LEASE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-63k) and a net result of €36k. Equity is shrinking by ~36.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+57
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.54 against 0.49 in 2024; short-term debt: 183.9% and cash: 1.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-83.9%
Return on assets
48.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 18280 sector peers (2025).
NBB · sector comparisonPosition among 18280 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
14 d early
2023
21 d late
2022
31 d late
2021
31 d late
2020
20 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▲ 1,738%
2024 · €2k
2018: €1k
2019: €6k
2020: €-34k
2021: €9k
2022: €-53k
2023: €-32k
2024: €2k
2018 → 2025
Working capital
€-63k▲ 36.5%
2024 · €-99k
2018: €-22k
2019: €-22k
2020: €-46k
2021: €-19k
2022: €-66k
2023: €-100k
2024: €-99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-15k-€-68k▼ 351%€-101k▼ 47.1%€-99k▲ 1.9%€-63k▲ 36.5%
Operating result€12k-€-48k€-28k▲ 42.2%€2k€36k▲ 2,066%
Net result€9k-€-53k€-32k▲ 39.4%€2k€36k▲ 1,738%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2,066% above 2024 and is the highest result in the available series.
Key figures and ratios
Solvency
-83.9%▲
2024 · -104.5%
Current ratio
0.54▲
2024 · 0.49
Debt to equity
-2.19▼
2024 · -1.96
ROA
48.2%▲
2024 · 2.1%
Debt
€137k▼
2024 · €193k
Debt ≤ 1 year
€137k▼
2024 · €193k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€75k▼
Current assets29/58€94k€75k▼
Amounts receivable within one year40/41€63k€74k▲
Trade receivables40€51k€57k▲
Other amounts receivable41€11k€16k▲
Cash at bank and in hand54/58€21k€982▼
Deferred charges and accrued income490/1€11k-
Equity and liabilities
Total equity and liabilities10/49€94k€75k▼
Equity10/15€-99k€-63k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-107k€-71k▲
Amounts payable17/49€193k€137k▼
Amounts payable within one year42/48€193k€137k▼
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€110k€118k▲
Suppliers440/4€110k€118k▲
Other amounts payable47/48€83k€16k▼
Income statement
Code20242025
Remuneration, social security and pensions62€205-
Other operating charges640/8€6k€5k▼
Gross operating margin9900€8k€41k▲
Operating profit (loss)9901€2k€36k▲
Financial income75/76B€710-
Recurring financial income75€710-
Financial charges65/66B€431€353▼
Recurring financial charges65€431€353▼
Profit (loss) for the period before taxes9903€2k€36k▲
Profit (loss) for the period9904€2k€36k▲
Profit (loss) for the period to be appropriated9905€2k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-107k€-71k▲
Profit (loss) brought forward from the previous period14P€-109k€-107k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €36k ▲1738%
Operating result €36k, net result €36k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-53k ▼662%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Assesse · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Bois Monjoie 25330 AssesseGround area
9,507 m²
Building footprint
1,313 m²
Parcel 92006B0220/00N006, Wallonia. Linked by address, not a title deed.
1 establishment unit
HAVELANGE OCCASION
since 20152.245.450.129
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92006B0220/00N006 | Wallonia | 9,507 m² | 1 · 1,313 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NVC Company
BE 1011.119.585
Awans · Eq €8,903
MIKAUTO GROUP
BE 1019.714.478
Tienen · Eq €8,909
VB Cars Company
BE 1017.693.910
Mol · Eq €8,891
H&C AUTO
BE 0788.823.893
Asse · Eq €8,914
BAGRAN
BE 0477.841.103
Soumagne · Eq €8,921
Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 2,015 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.