G.L.W. AUTO

Active

Private limited companyfounded 2021active for 5 yearsRue d' Ensival 32, 4800 Verviers, BelgiumKBO/BCE: BE 0765.492.524

Summary

The computed 12-month bankruptcy probability of G.L.W. AUTO is 13.2% (high). The 2024 annual accounts show negative equity (-€32,128) and a net result of -€1,036. Equity is shrinking by about 45% per year across the filed financial years. Its solvency ranks better than 5% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

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G.L.W. AUTOActiveChecked score 27/100

Risk analysis Report Compare

Activity

Retail sale of cars and light vans (up to 3.5 tonnes)

NACE 47811

1 site

Size

€5,901total assets 2024

Equity: -€32,128
Loss: -€1,036

Turnover not published (micro format)

Financial health

27 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 13.2%

Structure

WILMAIN AlainManager

2025 accounts not filed, 88 days past the deadline2 of 3 deeds summarised

Why 27raises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed 19-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 14 days latelowers riskSize: total assets €5,901Show the evidence

Checked score

Score 2024

27 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 14% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0=

equity -544.5% of total assets

Liquidity 10-8

short-term debt 644.5% · cash 7.8%

Profitability 0=

return on assets -17.6%

Bankruptcy probability, 12 months

13.2% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)

Last 24 months 11-2024: 2.6% 12-2024: 2.2%▼ -0.4 percentage points vs 11-2024 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.2 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.1%▲ +0.1 percentage points vs 04-2025 06-2025: 2.1%● unchanged vs 05-2025 07-2025: 2.1%● unchanged vs 06-2025 08-2025: 2.9%▲ +0.8 percentage points vs 07-2025 09-2025: 1.8%▼ -1.1 percentage points vs 08-2025lowest value 10-2025: 1.8%● unchanged vs 09-2025lowest value 11-2025: 1.8%● unchanged vs 10-2025lowest value 12-2025: 1.8%● unchanged vs 11-2025lowest value 01-2026: 2.6%▲ +0.8 percentage points vs 12-2025 02-2026: 2.5%▼ -0.1 percentage points vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 6.4%▲ +3.9 percentage points vs 03-2026 05-2026: 6.6%▲ +0.2 percentage points vs 04-2026 06-2026: 6.8%▲ +0.2 percentage points vs 05-2026 07-2026: 7.1%▲ +0.3 percentage points vs 06-2026 08-2026: 8.1%▲ +1.0 percentage point vs 07-2026 09-2026: 9.2%▲ +1.1 percentage points vs 08-2026 10-2026: 13.2%▲ +4.0 percentage points vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.16, compared with 0.66 in 2023, below 1; short-term debt: 644.5% and cash: 7.8% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 6% on solvency, 11% on liquidity, 6% on profitability and 33% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

2 changes of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2024 (filed 19-08-2025)

NBB · annual accounts

Size: total assets €5,901

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 14 days late

NBB · filings

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

21222324

2021 to 2024 · latest year -€32,128

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.

NBB · 4 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline27-10-2026 today

2024 accounts filed 14 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 4 filings

Deviation from the deadline

2025

not filed

2024

14 days late

2023

10 days late

2022

10 days late

2021

15 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 12 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-03-2026 Resignation: GRUBOWSKI Numa (manager)Appointment: WILMAIN Alain (manager) ·…
22-12-2025 Resignation: Louis Wirtz (director)Appointment: Numa Grubowski (director) ·…
14-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€32,128 View
Risk: 3 loss-making years in a rowloss financial year 2024 -€1,036 View
Caution: Among the weakest 5% on solvencysector median 32.2% · 25,567 companies -544.5% View
Caution: Board changedlatest change 20-03-2026 · 1 in office 1 joined · 2 left View
Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View

By topic

Financials

Financial year: 2024
Total assets: €5,901
Loss: -€1,036
Solvency: -544.5%

Total assets▼ 90.3%

Net result

20212024

Go to Financials

Board & ownership

Board: 1 member

WILMAIN AlainManager

Go to Board & ownership

Network & group

Connected companies: 6

Go to Network & group

Timeline

Events: 7
Since: 2022

10-08-2024Annual accounts filed
10-08-2023Annual accounts filed
31-12-2022Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail sale of cars and light vans (up…NACE 47811
Founded: 22-03-2021
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about G.L.W. AUTO

What is the company number of G.L.W. AUTO?: 0765.492.524. In Belgium the VAT number is the company number with BE in front: BE 0765.492.524.
Where is G.L.W. AUTO based?: The registered office is at Rue d' Ensival 32, 4800 Verviers.Company details
What does G.L.W. AUTO do?: According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of G.L.W. AUTO?: Private limited company (BV).
When was G.L.W. AUTO founded?: On 22-03-2021.
Is G.L.W. AUTO still active?: Yes, G.L.W. AUTO is an active enterprise in the KBO register.
What is the turnover of G.L.W. AUTO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is G.L.W. AUTO profitable?: In financial year 2024, G.L.W. AUTO made a loss of €1,036.
Where can I find the annual accounts of G.L.W. AUTO?: G.L.W. AUTO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.