G.L.N
ActiveG.L.N has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-24
Solvency50▼-50
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.24 against 4.67 in 2024; short-term debt: 39.5% and cash: 1.8% of total assets), and 74.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €13k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-01-2026, 116 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
116 d early
2024
77 d early
2023
199 d early
2022
188 d early
2021
96 d early
2020
60 d early
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▲ 31.9%
2024 · €10k
2018: €4k
2019: €4k
2020: €3k
2021: €-6k
2022: €6k
2023: €3k
2024: €10k
2018 → 2025
Total assets
€52k▲ 313%
2024 · €12k
2018: €12k
2019: €17k
2020: €3k
2021: €25k
2022: €39k
2023: €3k
2024: €12k
2018 → 2025
Net result
€3k▼ 52.6%
2024 · €7k
2018: €-2k
2019: €-70
2020: €-1k
2021: €-8k
2022: €11k
2023: €-3k
2024: €7k
2018 → 2025
Working capital
€-15k
2024 · €10k
2018: €-4k
2019: €-7k
2021: €-8k
2022: €5k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€6k€3k▼ 45.2%€10k▲ 207%€13k▲ 31.9%
Operating result€-8k-€12k€-2k€7k€5k▼ 23.8%
Net result€-8k-€11k€-3k€7k€3k▼ 52.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€47k
Current assets
€5k
Equity and liabilities €52k
Equity
€13k▲ 31.9%
Debt
€39k▲ 1,343%
The debt ratio rises from 21.4% to 74.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k
Cash flow
€5k
Solvency
25.1%▼
2024 · 78.6%
Current ratio
0.24▼
2024 · 4.67
Quick ratio
0.24▼
2024 · 4.67
Debt / equity
2.98▲
2024 · 0.27
ROE
24.2%▼
2024 · 67.4%
ROA
6.1%▼
2024 · 52.9%
Interest coverage
7.90
Debt
€39k▲
2024 · €3k
Debt ≤ 1 year
€20k▲
2024 · €3k
Debt > 1 year
€18k
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12k€52k▲
Fixed assets21/28-€47k
Tangible fixed assets22/27-€47k
Furniture and vehicles24-€47k
Current assets29/58€12k€5k▼
Amounts receivable within one year40/41€12k€4k▼
Trade receivables40€12k€169▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€65€917▲
Equity and liabilities
Total equity and liabilities10/49€12k€52k▲
Equity10/15€10k€13k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€4k€7k▲
Amounts payable17/49€3k€39k▲
Amounts payable after more than one year17-€18k
Financial debts170/4-€18k
Amounts payable within one year42/48€3k€20k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€922€6k▲
Suppliers440/4€922€6k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€174€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€2k€5k▲
Gross operating margin9900€8k€12k▲
Operating profit (loss)9901€7k€5k▼
Financial charges65/66B-€892
Recurring financial charges65-€892
Profit (loss) for the period before taxes9903€7k€4k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€7k€3k▼
Profit (loss) for the period to be appropriated9905€7k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€7k▲
Profit (loss) brought forward from the previous period14P€-3k€4k▲
The notes to these accounts (6 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
04-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
14-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 4 loss-making years.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Charleroi · 1 establishment unit since 2024
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 de Chatelet 3096030 CharleroiGround area
61 m²
Building footprint
69 m²
Volume, LiDAR
310 m³
Parcel 52044A0455/00C011, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.L.N
since 20242.355.620.551
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52044A0455/00C011 | Wallonia | 61 m² | 1 · 69 m² | 7.1 m · 2 fl. |
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.
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,002 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2017
Fiscal year end30-09
Activities, NACEBEL
45112
46180Agents specialised in the wholesale of other particular products
33170Repair, maintenance and installation of machinery and equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95319Other maintenance and repair of motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:gregory@ets-guilain.be
Phone:+32475205840