G.L. SERVICES
ActiveG.L. SERVICES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €-3k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-21
Solvency76▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.49 in 2023; short-term debt: 49% and cash: 21% of total assets), and 49% 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 · 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 2024Solvency, return and age of the figures
Solvency
51%
Return on assets
-12.9%
Age of the figures
21 mo
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Sector 80
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
28 d early
2022
25 d late
2021
38 d early
2020
38 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€13k▼ 20.2%
2023 · €17k
2018: €12k
2019: €6k
2020: €8k
2021: €11k
2022: €15k
2023: €17k
2018 → 2024
Total assets
€26k▼ 30.9%
2023 · €38k
2018: €21k
2019: €12k
2020: €11k
2021: €17k
2022: €17k
2023: €38k
2018 → 2024
Net result
€-3k
2023 · €2k
2018: €-2k
2019: €-7k
2020: €3k
2021: €3k
2022: €4k
2023: €2k
2018 → 2024
Working capital
€-5k▲ 57.5%
2023 · €-11k
2018: €5k
2019: €2k
2020: €8k
2021: €11k
2022: €14k
2023: €-11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€11k▲ 36.7%€15k▲ 32.2%€17k▲ 11.5%€13k▼ 20.2%
Operating result€3k-€4k▲ 43.0%€5k▲ 27.9%€3k▼ 39.5%€-2k
Net result€3k-€3k▲ 11.7%€4k▲ 19.7%€2k▼ 52.7%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26k
Fixed assets
€18k▼ 34.7%
Current assets
€8k▼ 20.7%
Equity and liabilities €26k
Equity
€13k▼ 20.2%
Debt
€13k▼ 39.3%
The debt ratio falls from 55.8% to 49.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▲
2023 · €6k
Cash flow
€6k▲
2023 · €4k
Solvency
51.0%▲
2023 · 44.2%
Current ratio
0.65▲
2023 · 0.49
Quick ratio
0.65▲
2023 · 0.45
Debt / equity
0.96▼
2023 · 1.26
ROE
-25.3%▼
2023 · 10.3%
ROA
-12.9%▼
2023 · 4.6%
Interest coverage
52.63▲
2023 · 46.06
Debt
€13k▼
2023 · €21k
Debt ≤ 1 year
€13k▼
2023 · €21k
Income taxes
€955▼
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€38k€26k▼
Fixed assets21/28€28k€18k▼
Tangible fixed assets22/27€28k€18k▼
Furniture and vehicles24€28k€18k▼
Current assets29/58€11k€8k▼
Stocks and contracts in progress3€958-
Stocks30/36€958-
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€2k€2k▼
Other amounts receivable41€483€45▼
Cash at bank and in hand54/58€6k€6k▼
Deferred charges and accrued income490/1€470€474▲
Equity and liabilities
Total equity and liabilities10/49€38k€26k▼
Equity10/15€17k€13k▼
Contributions10/11€12k€12k=
Reserves13€3k€3k=
Tax-exempt reserves132€108€108=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€1k€-2k▼
Amounts payable17/49€21k€13k▼
Amounts payable within one year42/48€21k€13k▼
Trade debts44€1k€120▼
Suppliers440/4€1k€120▼
Advances received on contracts in progress46€70€70=
Taxes, remuneration and social security45€408€913▲
Taxes450/3€408€913▲
Other amounts payable47/48€19k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€10k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€7k€9k▲
Operating profit (loss)9901€3k€-2k▼
Financial charges65/66B€120€144▲
Recurring financial charges65€120€144▲
Profit (loss) for the period before taxes9903€3k€-2k▼
Income taxes67/77€1k€955▼
Profit (loss) for the period9904€2k€-3k▼
Profit (loss) for the period to be appropriated9905€2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-2k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€2k-
To other reserves6921€2k-
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Highest result since 2018net €4k ▲19.7%
Operating result €5k, net result €4k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 7.28
Current ratio from 3.19 to 7.28; short-term debt falls from €5k to €2k.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 4.41
Current ratio from 1.28 to 4.41; short-term debt falls from €6k to €2k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, La Hulpe · 1 establishment unit since 2003
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.
Avenue Docteur Terwagne 251310 La HulpeGround area
1,352 m²
Building footprint
213 m²
Volume, LiDAR
1,263 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOME SITTING
since 20032.115.250.789
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0703/00_000 | Wallonia | 993 m² | 1 · 148 m² | 8.5 m · 2 fl. |
| 25050C0144/00Z000 | Wallonia | 358 m² | 1 · 64 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 700 companies in sector 80010 we hold annual accounts for 349. 191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2003
Fiscal year end31-12
Activities, NACEBEL
74601
80010Investigation and private security services
80100Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.