G.L.W. AUTO
The computed 12-month bankruptcy probability of G.L.W. AUTO is 4.6% (elevated). The 2024 annual accounts show negative equity (€-32k) and a net result of €-1k. Equity is shrinking by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 6720 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-32k |
| Net result | €-1k |
| Better than sector | 5% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -544.5% | 20.4% | |
| Net result | €-1k | €4k | |
| Equity | €-32k | €16k | |
| Gross operating margin | €343 | €24k | |
| Total assets | €6k | €94k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-1k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €6k |
| Equity | €-32k |
| Debt | €38k |
| of which ≤ 1y | €38k |
| of which > 1y | - |
| Working capital | €-32k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.16 |
| Quick ratio | 0.12 |
| Working capital ratio | -544.5% |
| Solvency | -544.5% |
| Debt / equity | -1.18 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -17.6% |
| ROE | 3.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (17 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6k |
| Current assets | 29/58 | €6k |
| Stocks & contracts in progress | 3 | €1k |
| Amounts receivable within one year | 40/41 | €4k |
| Cash & bank | 54/58 | €463 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6k |
| Equity | 10/15 | €-32k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-34k |
| Amounts payable | 17/49 | €38k |
| Amounts payable within one year | 42/48 | €38k |
| Income statement | ||
| Gross operating margin | 9900 | €343 |
| Operating result | 9901 | €-861 |
| Financial charges | 65 | €175 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
-
Current06-03-2026 → present
Former directors (2)
-
Former01-12-2025 → 06-03-2026
2 events
- 06-03-2026 Resigned· Gérant
- 01-12-2025 Appointed· Director
-
Former- → 01-12-2025
| NACE primary | Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 22-03-2021 |
| Status | Active |
| Postal code | 4800 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
20-03-2026 General meeting · Officer resignation · Officer discharge · Officer appointment
- Publication: 20/03/2026 · G.L.W. AUTO
- Filing: 10/03/2026 · G.L.W. AUTO
- General meeting: 06/03/2026 · G.L.W. AUTO
- Officer resignation: role: gérant, end_date: 2026-03-06 · GRUBOWSKI Numa
- Officer discharge · GRUBOWSKI Numa
- Officer appointment: role: gérant, term: durée indéterminée, start_date: 2026-03-06 · WILMAIN Alain
- Seat change: to: Rue d'Ensival 32, 4800 Verviers, from: Rue Albert Leclercqs 33B, 4652 Xhendelesse, effective_date: 2026-03-06 · G.L.W. AUTO
Technical details
{
"facts": [
{
"date": "2026-03-20",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 20/03/2026",
"value": "20/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-10",
"type": "filing",
"quote": "10 MARS 2026",
"value": "10/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-06",
"type": "general_meeting",
"quote": "Par d\u00E9cision de l\u0027Assembl\u00E9e G\u00E9n\u00E9rale Extraordinaire du 6 mars 2026",
"value": "06/03/2026",
"object": null,
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "Il est pris acte de la d\u00E9mission de Monsieur GRUBOWSKI Numa ... en qualit\u00E9 de g\u00E9rant, avec effet au 06/03/2026.",
"value": {
"role": "g\u00E9rant",
"end_date": "2026-03-06"
},
"object": "e1",
"subject": "e2",
"_value_raw": {
"role": "g\u00E9rant",
"end_date": "06/03/2026"
}
},
{
"type": "officer_discharge",
"quote": "D\u00E9charge lui est accord\u00E9e pour l\u0027exercice de son mandat jusqu\u0027\u00E0 cette date.",
"value": {
"role": null
},
"object": "e1",
"subject": "e2"
},
{
"date": "2026-03-06",
"type": "officer_appointment",
"quote": "Est nomm\u00E9 g\u00E9rant pour une dur\u00E9e ind\u00E9termin\u00E9e \u00E0 compter du 06/03/2026: Monsieur WILMAIN Alain",
"value": {
"role": "g\u00E9rant",
"term": "dur\u00E9e ind\u00E9termin\u00E9e",
"start_date": "2026-03-06"
},
"object": "e1",
"subject": "e3",
"_value_raw": {
"role": "g\u00E9rant",
"term": "dur\u00E9e ind\u00E9termin\u00E9e",
"start_date": "06/03/2026"
}
},
{
"date": "2026-03-06",
"type": "seat_change",
"quote": "Le si\u00E8ge social est transf\u00E9r\u00E9 de Rue Albert Leclercqs 33B, 4652 Xhendelesse vers Rue d\u0027Ensival 32, 4800 Verviers \u00E0 compter du 06/03/2026.",
"value": {
"to": "Rue d\u0027Ensival 32, 4800 Verviers",
"from": "Rue Albert Leclercqs 33B, 4652 Xhendelesse",
"effective_date": "2026-03-06"
},
"object": null,
"subject": "e1",
"_value_raw": {
"to": "Rue d\u0027Ensival 32, 4800 Verviers",
"from": "Rue Albert Leclercqs 33B, 4652 Xhendelesse",
"effective_date": "06/03/2026"
}
}
],
"act_meta": {
"outcome": "clean",
"model_id": 50,
"verified": true,
"extractor": "verified-v1",
"ocr_chars": 1725,
"truncated": false
},
"entities": [
{
"id": "e1",
"kbo": "0765.492.524",
"kind": "company",
"name": "G.L.W. AUTO",
"attrs": {
"legal_form": "soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"short_name": "G.L.W Auto SRL"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "GRUBOWSKI Numa",
"attrs": {
"rrn": "85.01.10-205.26"
}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "WILMAIN Alain",
"attrs": {
"rrn": "51.07.10-043.01"
}
}
]
}22-12-2025 Registered office moved from MARCHE EN FAMENNE to Xhendelesse
- RUE DU BEAU REVOIR 12, 6900 MARCHE EN FAMENNE → Rue Albert Leclerqs 33, 4652 Xhendelesse
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Xhendelesse",
"region": null,
"street": "Rue Albert Leclerqs",
"country": "BE",
"postcode": "4652",
"box_number": "b",
"street_number": "33"
},
"old_address": {
"city": "MARCHE EN FAMENNE",
"region": null,
"street": "RUE DU BEAU REVOIR",
"country": "BE",
"postcode": "6900",
"box_number": null,
"street_number": "12"
},
"effective_date": "2025-12-01",
"evidence_quote": "Le si\u00E8ge social de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9 Rue Albert Leclerqs 33b \u00E0 4652 Xhendelesse."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0765.492.524",
"name_full": "G.L.W. AUTO",
"legal_form": "SRL"
}
}24-03-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "6900 Marche-en-Famenne, Rue du Beau Revoir 12",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1943-04-20",
"name": "WIRTZ Louis",
"niss": null,
"address": "6900 Marche-en-Famenne, rue du Beaurevoir, 12"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "WIRTZ Louis",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
"kbo": "0765.492.524",
"name_full": "G.L.W. AUTO",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-03-11",
"post_incorporation_mandates": []
}| Legal nameFR | G.L.W. AUTO |