G.L.S.
ActiveG.L.S. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €892. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+61
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.26 against 6.59 in 2024; short-term debt: 20.8% and cash: 18.5% of total assets), and 24.4% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.6%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
72 d early
2023
64 d early
2022
66 d early
2021
58 d early
2020
57 d early
2019
63 d early
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 3.0%
2024 · €30k
2018: €2k
2019: €4k
2020: €22k
2021: €25k
2022: €32k
2023: €33k
2024: €30k
2018 → 2025
Total assets
€41k▲ 2.9%
2024 · €40k
2018: €25k
2019: €16k
2020: €25k
2021: €27k
2022: €49k
2023: €50k
2024: €40k
2018 → 2025
Net result
€892
2024 · €-3k
2018: €4k
2019: €2k
2020: €18k
2021: €3k
2022: €7k
2023: €177
2024: €-3k
2018 → 2025
Working capital
€28k▲ 3.0%
2024 · €27k
2018: €-60
2019: €5k
2020: €22k
2021: €25k
2022: €29k
2023: €30k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€32k▲ 29.1%€33k▲ 0.5%€30k▼ 8.2%€31k▲ 3.0%
Operating result€4k-€10k▲ 125%€-481€-3k▼ 621%€257
Net result€3k-€7k▲ 119%€177▼ 97.6%€-3k€892
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €257 after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€5k▼ 42.1%
Current assets
€36k▲ 14.2%
Equity and liabilities €41k
Equity
€31k▲ 3.0%
Debt
€10k▲ 2.7%
The debt ratio falls from 24.4% to 24.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▲
2024 · €-126
Cash flow
€4k▲
2024 · €670
Solvency
75.6%▲
2024 · 75.6%
Current ratio
4.26▼
2024 · 6.59
Quick ratio
4.26▼
2024 · 6.59
Debt / equity
0.32▼
2024 · 0.32
ROE
2.9%▲
2024 · -8.9%
ROA
2.2%▲
2024 · -6.8%
Interest coverage
13.49▲
2024 · -0.35
Debt
€10k▲
2024 · €10k
Debt ≤ 1 year
€8k▲
2024 · €5k
Debt > 1 year
€1k▼
2024 · €5k
Income taxes
€89▲
2024 · €0
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€40k€41k▲
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€32k€36k▲
Amounts receivable after more than one year29€3k€3k▼
Other amounts receivable291€3k€3k▼
Amounts receivable within one year40/41€19k€26k▲
Trade receivables40€4k€3k▼
Other amounts receivable41€14k€23k▲
Cash at bank and in hand54/58€10k€8k▼
Deferred charges and accrued income490/1€684€124▼
Equity and liabilities
Total equity and liabilities10/49€40k€41k▲
Equity10/15€30k€31k▲
Contributions10/11€6k€6k=
Reserves13€24k€25k▲
Distributable reserves133€24k€25k▲
Amounts payable17/49€10k€10k▲
Amounts payable after more than one year17€5k€1k▼
Financial debts170/4€5k€1k▼
Amounts payable within one year42/48€5k€8k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€127€1k▲
Taxes450/3€127€1k▲
Income statement
Code20242025
Non-recurring operating income76A€0€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€924€685▼
Gross operating margin9900€798€4k▲
Operating profit (loss)9901€-3k€257▲
Financial income75/76B€1k€992▼
Recurring financial income75€1k€992▼
Financial charges65/66B€364€267▼
Recurring financial charges65€364€267▼
Profit (loss) for the period before taxes9903€-3k€981▲
Income taxes67/77€0€89▲
Profit (loss) for the period9904€-3k€892▲
Profit (loss) for the period to be appropriated9905€-3k€892▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€892▲
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€0€892▲
To other reserves6921€0€892▲
The notes to these accounts (8 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €892
Net result €892 after one loss-making year.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-3k ▼1611%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €18k ▲820%
Operating result €19k, net result €18k, both a record.
31-12
Financial
Liquidity times 6current ratio 8.64
Current ratio from 1.42 to 8.64; short-term debt falls from €11k to €3k.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lille · 1 establishment unit since 2001
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.
Beukenlaan 142275 LilleGround area
1,564 m²
Building footprint
165 m²
Volume, LiDAR
675 m³
Parcel 13032A0011/00A002, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beukenlaan 14, 2275 Lille
since 20012.100.183.919
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13032A0011/00A002 | Flanders | 1,564 m² | 1 · 165 m² | 5.9 m · 1 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.
Similar companies · same sector, comparable size
BOL PROJECT
BE 0791.330.651
Koekelberg · Eq €31k
TEXXON
BE 0716.620.756
Koekelberg · Eq €31k
AMG SOLUTIONS
BE 0841.062.155
Ganshoren · Eq €31k
Reizend Bakhuis
BE 0598.877.901
Erpe-Mere · Eq €31k
LINK DECOR
BE 0666.853.323
Sint-Agatha-Berchem · Eq €31k
Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 5,704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2001
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.