GL Brewing Consulting

Active

Private limited company (pre-2019)founded 201411 yrs activeBronstraat 28, 7850 Enghien, BelgiumKBO/BCE: BE 0506.714.142

Summary

GL Brewing Consulting has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-311k) and a net result of €-82k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 391 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2024

23 / 100

Critical

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency0=

Growth32=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.36 against 0.46 in 2023; short-term debt: 260.3% of total assets), and equity is negative.

How do we compute the score and the probability?

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

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 2024

Solvency, return and age of the figures

Solvency

-160.3%

Return on assets

-42.1%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 11

Relative position

BE, all sectors

reference

Sector 11

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

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

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-311k

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-05-2026, 293 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

293 d late

2023

59 d late

2022

177 d late

2021

86 d late

2020

83 d late

2019

213 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€70k

EBIT margin

-87.1%

Net result

€-82k▲ 65.1%

2023 · €-234k

2018: €-61k 2019: €-14k 2020: €27k 2021: €-8k 2022: €96k 2023: €-234k

2018 → 2024

Working capital

€-324k▼ 40.2%

2023 · €-231k

2018: €-93k 2019: €-110k 2020: €-83k 2021: €-92k 2022: €5k 2023: €-231k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-83k-€-91k▼ 9.9%€5k€-229k€-311k▼ 35.6%

Operating result€27k-€-7k€103k€-236k€-15k▲ 93.8%

Net result€27k-€-8k€96k€-234k€-82k▲ 65.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €15k in 2024 against €236k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €194k

93.0%

Fixed assets €14k ▲ 490%

Current assets €180k ▼ 8.1%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-8k▲

2023 · €-235k

Cash flow

€-75k▲

2023 · €-234k

Solvency

-160.3%▼

2023 · -115.4%

Current ratio

0.36▼

2023 · 0.46

Debt to equity

-1.62▲

2023 · -1.87

ROA

-42.1%▲

2023 · -118.0%

Interest coverage

-18.92▲

2023 · -587.74

Debt

€505k▲

2023 · €428k

Debt ≤ 1 year

€505k▲

2023 · €428k

Income taxes

€67k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines

Balance sheet Code20232024

Assets

Total assets20/58€198k€194k▼

Fixed assets21/28€2k€14k▲

Tangible fixed assets22/27€2k€14k▲

Plant, machinery and equipment23€781€633▼

Furniture and vehicles24€2k€13k▲

Current assets29/58€196k€180k▼

Amounts receivable within one year40/41€183k€180k▼

Trade receivables40€79k€53k▼

Other amounts receivable41€104k€127k▲

Cash at bank and in hand54/58€11k-

Deferred charges and accrued income490/1€2k-

Equity and liabilities

Total equity and liabilities10/49€198k€194k▼

Equity10/15€-229k€-311k▼

Contributions10/11€2k€2k=

Outside capital11-€2k

Other1109/19-€2k

Profit (loss) carried forward14€-231k€-312k▼

Amounts payable17/49€428k€505k▲

Amounts payable within one year42/48€428k€505k▲

Financial debts43-€663

Credit institutions430/8-€663

Trade debts44€238k€277k▲

Suppliers440/4€238k€277k▲

Advances received on contracts in progress46€162k€162k=

Taxes, remuneration and social security45€28k€64k▲

Taxes450/3€28k€64k▲

Other amounts payable47/48-€2k

Income statement Code20232024

Remuneration, social security and pensions62€26-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€437€7k▲

Other operating charges640/8€1k€414▼

Gross operating margin9900€-234k€-7k▲

Operating profit (loss)9901€-236k€-15k▲

Financial income75/76B€2k-

Recurring financial income75€2k-

Financial charges65/66B€400€408▲

Recurring financial charges65€400€408▲

Profit (loss) for the period before taxes9903€-234k€-15k▲

Income taxes67/77-€67k

Profit (loss) for the period9904€-234k€-82k▲

Profit (loss) for the period to be appropriated9905€-234k€-82k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-231k€-312k▼

Profit (loss) brought forward from the previous period14P€4k€-231k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 3Filings 9

2026

20-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 293 days late

2024

28-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 59 days late

24-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 177 days late

2023

31-12

Financial Weakest financial yearnet €-234k ▼343%

Net result drops to €-234k, the lowest in the series; recovery starts the following year.

2022

31-12

Financial Back to profitnet €96k

Net result €96k after one loss-making year.

25-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 86 days late

2021

22-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 83 days late

01-03

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 213 days late

2020

31-12

Financial Back to profitnet €27k

Net result €27k after 2 loss-making years.

23-01

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 176 days late

2018

16-04

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

16-04

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 259 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Enghien · 1 establishment unit since 2015

establishment The establishment unit on the map

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.

Bronstraat 287850 Enghien

Ground area

455 m²

Building footprint

90 m²

Volume, LiDAR

500 m³

Parcel 55025A0384/00M000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

GL Brewing Consulting

Bronstraat 28, 7850 EnghienManufacture of beverages

since 20152.237.555.319

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55025A0384/00M000	Wallonia	455 m²	1 · 90 m²	7.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Distillerie de Maredsous

Of 274 companies in sector 11010 we hold annual accounts for 121. 58 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded10-12-2014

Fiscal year end31-12

Activities, NACEBEL 2025

11010Manufacture of beverages

11030Manufacture of beverages

11040Manufacture of beverages

11050Manufacture of beer

46341Wholesale of wines and spirits

46349Wholesale of beverages, general range

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.