G-LOG
ActiveSummary
G-LOG has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,707 and a net result of €8,785. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.32 in 2024; short-term debt: 19.7% and cash: 4.2% of total assets), and 19.7% of the assets are financed with debt.
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Signals
Five 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
80.3%
Return on assets
6.2%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
31 d late
2022
7 d late
2021
19 d early
2020
12 d late
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€113,707▲ 8.4%
2024 · €104,922
Total assets
€141,661▲ 1.7%
2024 · €139,316
Net result
€8,785▼ 32.0%
2024 · €12,925
Working capital
€13,920▲ 28.5%
2024 · €10,836
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,807▲ 432%€20,658▲ 4.3%€24,241▲ 17.3%€21,700▼ 10.5%€8,157▼ 62.4%
Net result€13,518within the sector's middle half▲ 459%€15,737within the sector's middle half▲ 16.4%€18,345within the sector's middle half▲ 16.6%€12,925within the sector's middle half▼ 29.5%€8,785within the sector's middle half▼ 32.0%
Equity€57,915within the sector's middle half▲ 30.4%€73,651within the sector's middle half▲ 27.2%€91,997within the sector's middle half▲ 24.9%€104,922within the sector's middle half▲ 14.0%€113,707within the sector's middle half▲ 8.4%
Total assets€79,467within the sector's middle half▲ 42.3%€103,884within the sector's middle half▲ 30.7%€126,508within the sector's middle half▲ 21.8%€139,316within the sector's middle half▲ 10.1%€141,661within the sector's middle half▲ 1.7%
Debt€21,552▲ 88.1%€30,232▲ 40.3%€34,512▲ 14.2%€34,394▼ 0.3%€27,954▼ 18.7%
Working capital€15,315within the sector's middle half▼ 59.8%€11,644within the sector's middle half▼ 24.0%€9,044within the sector's middle half▼ 22.3%€10,836within the sector's middle half▲ 19.8%€13,920within the sector's middle half▲ 28.5%
Solvency72.9%above the sector's middle half▼ 6.6pp70.9%above the sector's middle half▼ 2.0pp72.7%above the sector's middle half▲ 1.8pp75.3%above the sector's middle half▲ 2.6pp80.3%above the sector's middle half▲ 5.0pp
Current ratio1.71within the sector's middle half▼ 2.611.39within the sector's middle half▼ 0.331.26within the sector's middle half▼ 0.121.32within the sector's middle half▲ 0.051.50within the sector's middle half▲ 0.18
Return on assets (ROA)17.0%above the sector's middle half▲ 12.7pp15.1%within the sector's middle half▼ 1.9pp14.5%within the sector's middle half▼ 0.6pp9.3%within the sector's middle half▼ 5.2pp6.2%within the sector's middle half▼ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141,661
Fixed assets
€99,787 ▲ 6.1%
Current assets
€41,874 ▼ 7.4%
Equity and liabilities €141,661
Equity
€113,707 ▲ 8.4%
Debt
€27,954 ▼ 18.7%
Debt's share of the balance-sheet total falls from 24.7% to 19.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,626▼
2024 · €23,180
Cash flow
€11,253▼
2024 · €14,405
Debt to equity
0.25▼
2024 · 0.33
ROE
7.7%▼
2024 · 12.3%
Interest coverage
23.38▲
2024 · 6.55
Debt ≤ 1 year
€27,954▼
2024 · €34,394
Income taxes
-€1,332▼
2024 · €5,235
Staff costs
€42
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €23 | €0 | - | €50 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €42 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €308 | €672 | €1,480 | €2,468 | ▲ 66.8% |
| Other operating charges640/8 | €195 | €85 | €93 | €582 | €595 | ▲ 2.2% |
| Non-recurring operating charges66A | - | - | €1 | - | - | - |
| Gross operating margin9900 | €20,002 | €21,051 | €25,007 | €23,762 | €11,263 | ▼ 52.6% |
| Operating profit (loss)9901 | €19,807 | €20,658 | €24,241 | €21,700 | €8,157 | ▼ 62.4% |
| Financial charges65/66B | €670 | €1,562 | €1,349 | €3,540 | €705 | ▼ 80.1% |
| Recurring financial charges65 | €670 | €1,562 | €1,349 | €3,540 | €455 | ▼ 87.2% |
| Non-recurring financial charges66B | - | - | - | - | €250 | - |
| Profit (loss) for the period before taxes9903 | €19,137 | €19,096 | €22,892 | €18,160 | €7,452 | ▼ 59.0% |
| Income taxes67/77 | €5,619 | €3,359 | €4,547 | €5,235 | -€1,332 | ▼ 125% |
| Profit (loss) for the period9904 | €13,518 | €15,737 | €18,345 | €12,925 | €8,785 | ▼ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €13,518 | €15,737 | €18,345 | €12,925 | €8,785 | ▼ 32.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,467 | €103,884 | €126,508 | €139,316 | €141,661 | ▲ 1.7% |
| Fixed assets21/28 | €42,600 | €62,007 | €82,952 | €94,086 | €99,787 | ▲ 6.1% |
| Tangible fixed assets22/27 | - | €2,801 | €3,946 | €5,180 | €4,281 | ▼ 17.4% |
| Plant, machinery and equipment23 | - | €2,801 | €2,179 | €2,887 | €3,032 | ▲ 5.0% |
| Furniture and vehicles24 | - | - | €1,767 | €2,293 | €1,249 | ▼ 45.5% |
| Financial fixed assets28 | €42,600 | €59,206 | €79,006 | €88,906 | €95,506 | ▲ 7.4% |
| Current assets29/58 | €36,867 | €41,877 | €43,556 | €45,230 | €41,874 | ▼ 7.4% |
| Amounts receivable within one year40/41 | €34,743 | €37,497 | €39,226 | €40,330 | €35,572 | ▼ 11.8% |
| Trade receivables40 | €23,567 | €29,686 | €32,685 | €28,669 | €23,794 | ▼ 17.0% |
| Other amounts receivable41 | €11,176 | €7,811 | €6,541 | €11,661 | €11,778 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €1,597 | €3,853 | €4,330 | €3,932 | €5,972 | ▲ 51.9% |
| Deferred charges and accrued income490/1 | €527 | €527 | - | €968 | €330 | ▼ 65.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,467 | €103,884 | €126,508 | €139,316 | €141,661 | ▲ 1.7% |
| Equity10/15 | €57,915 | €73,651 | €91,997 | €104,922 | €113,707 | ▲ 8.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | €6,200 | €6,200 | - | - | - |
| Other1109/19 | €6,200 | €6,200 | €6,200 | - | - | - |
| Reserves13 | €51,715 | €67,451 | €85,797 | €98,722 | €107,507 | ▲ 8.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €49,855 | €65,591 | €83,937 | €96,862 | €105,647 | ▲ 9.1% |
| Amounts payable17/49 | €21,552 | €30,232 | €34,512 | €34,394 | €27,954 | ▼ 18.7% |
| Amounts payable within one year42/48 | €21,552 | €30,232 | €34,512 | €34,394 | €27,954 | ▼ 18.7% |
| Trade debts44 | €7,838 | €12,962 | €26,465 | €26,390 | €20,683 | ▼ 21.6% |
| Suppliers440/4 | €7,838 | €12,962 | €26,465 | €26,390 | €20,683 | ▼ 21.6% |
| Taxes, remuneration and social security45 | €6,038 | €9,086 | €8,047 | €7,804 | €6,881 | ▼ 11.8% |
| Taxes450/3 | €6,038 | €9,086 | €8,047 | €5,000 | €4,077 | ▼ 18.5% |
| Remuneration and social security454/9 | - | - | - | €2,804 | €2,804 | = |
| Other amounts payable47/48 | €7,676 | €8,184 | - | €200 | €390 | ▲ 94.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,518 | €15,737 | €18,345 | €12,925 | €8,785 | ▼ 32.0% |
| + Depreciation and write-downs630 | - | €308 | €672 | €1,480 | €2,468 | ▲ 66.8% |
| Operating cash flow (approximation) | €13,518 | €16,044 | €19,017 | €14,405 | €11,253 | ▼ 21.9% |
| Investment in fixed assets (approximation) | - | -€19,715 | -€21,617 | -€12,614 | -€8,170 | ▲ 35.2% |
| Change in cash | - | €2,256 | €477 | -€398 | €2,040 | ▲ 613% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €100,000Eq €104,922 ▲14%
7 profitable years in a row build equity to €104,922.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €18,345 ▲16.6%
Operating result €24,241, net result €18,345, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Weakest financial yearnet €1,297 ▼70.4%
Net result drops to €1,297, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Manage · 1 establishment unit since 2014
Ground area
3,331 m²
Building footprint
1,478 m²
Volume, LiDAR
9,760 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
SANILOG
since 20142.238.601.236
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52043F0423/00E000 | Wallonia | 2,460 m² | 1 · 796 m² | 8.7 m · 2 fl. |
| 52010A0207/00T004 | Wallonia | 871 m² | 1 · 682 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
25%
-
10%
According to the 2024 annual accounts of G-LOG and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 7,302 companies in sector 43350 we hold annual accounts for 2,363. 1,956 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
41001General construction of residential buildings
43230Insulation installation
43240Other construction installation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0506753635
Also
9925:BE0506753635
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.