The file of GBLA ENGINEERING contains 1 judicial reorganisation, as published in the Belgian Official Gazette. The KBO register currently lists the legal status of GBLA ENGINEERING as special situation, with no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€59,367) and a net result of -€69,977. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 8% of 112 sector peers (NACE 61, financial year 2025).
Writing about this reorganisation? Embed the GBLA ENGINEERING company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
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Overview
Activity
Telecommunications resale and intermediation services
Reorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts filed 31 days late0 of 1 deed read
Signalsraises riskNegative equityIn judicial reorganisationneutralFiled after the deadlineShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. There is no bankruptcy probability for this company, so the score rests on the figures alone.
0/ 100
Critical
Without a bankruptcy probability: score from the figures alone
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. Without a bankruptcy probability, this company's Checked score rests on these figures.
Weak
Solvency0-100
equity -244.6% of total assets
Liquidity0-50
short-term debt 344.6% · cash 0.2%
Profitability0-86
return on assets -288.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).
No credit on open account during an ongoing judicial reorganisation
Liquidity insufficient (current ratio 0.29, compared with 47.47 in 2024, below 1; short-term debt: 344.6% and cash: 0.2% of total assets), and equity is negative.
Signals
Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring. The KBO register also records: special situation.
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days before the deadline; the sector median (NACE 61) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 filed years within 148 days of that day).