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GL Consultancy

Active
Private limited companyfounded 20197 yrs activeAsdonckstraat 81, 3971 Leopoldsburg, BelgiumKBO/BCE: BE 0728.731.108

GL Consultancy has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284k and a net result of €82k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 6.65 against 6.44 in 2024), and 40% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60%
Return on assets
17.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
1 d early
2024
29 d late
2023
31 d late
2022
23 d late
2021
23 d late
2020
17 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Equity
€284k▲ 25.1%
2024 · €227k
2020: €103k 2021: €122k 2022: €155k 2023: €179k 2024: €227k
2020 → 2025
Total assets
€472k▲ 12.7%
2024 · €419k
2020: €129k 2021: €135k 2022: €186k 2023: €376k 2024: €419k
2020 → 2025
Net result
€82k▲ 72.3%
2024 · €48k
2020: €98k 2021: €19k 2022: €33k 2023: €24k 2024: €48k
2020 → 2025
Working capital
€230k▲ 26.9%
2024 · €181k
2020: €59k 2021: €79k 2022: €124k 2023: €127k 2024: €181k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€122k-€155k▲ 26.8%€179k▲ 15.6%€227k▲ 26.5%€284k▲ 25.1%
Operating result€27k-€53k▲ 96.2%€38k▼ 27.6%€78k▲ 105%€121k▲ 55.2%
Net result€19k-€33k▲ 71.3%€24k▼ 26.0%€48k▲ 96.1%€82k▲ 72.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €27k€27kNet result 2021: €19k€19kOperating result 2022: €53k€53kNet result 2022: €33k€33kOperating result 2023: €38k€38kNet result 2023: €24k€24kOperating result 2024: €78k€78kNet result 2024: €48k€48kOperating result 2025: €121k€121kNet result 2025: €82k€82k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 55% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets €201k▼ 1.4%
Current assets €271k▲ 26.2%
Equity and liabilities €472k
Equity €284k▲ 25.1%
Debt €189k▼ 1.9%
The debt ratio falls from 45.9% to 40.0%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€139k
2024 · €104k
Cash flow
€100k
2024 · €73k
Solvency
60.0%
2024 · 54.1%
Current ratio
6.65
2024 · 6.44
Quick ratio
6.65
2024 · 6.44
Debt / equity
0.67
2024 · 0.85
ROE
28.9%
2024 · 21.0%
ROA
17.3%
2024 · 11.3%
Interest coverage
12.37
2024 · 8.93
Debt
€189k
2024 · €192k
Debt ≤ 1 year
€41k
2024 · €33k
Debt > 1 year
€144k
2024 · €154k
Income taxes
€30k
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€419k€472k
Fixed assets21/28€204k€201k
Tangible fixed assets22/27€204k€201k
Land and buildings22€184k€175k
Plant, machinery and equipment23€3k€9k
Furniture and vehicles24€18k€18k
Current assets29/58€215k€271k
Amounts receivable within one year40/41€36k€38k
Trade receivables40€29k€34k
Other amounts receivable41€7k€4k
Current investments50/53€61k€73k
Cash at bank and in hand54/58€117k€159k
Deferred charges and accrued income490/1€884€875
Equity and liabilities
Total equity and liabilities10/49€419k€472k
Equity10/15€227k€284k
Contributions10/11€5k€5k=
Reserves13€221k€278k
Distributable reserves133€221k€278k
Profit (loss) carried forward14€545€565
Amounts payable17/49€192k€189k
Amounts payable after more than one year17€154k€144k
Financial debts170/4€154k€144k
Amounts payable within one year42/48€33k€41k
Current portion of amounts payable after more than one year42€9k€9k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€15k€19k
Taxes450/3€13k€14k
Remuneration and social security454/9€2k€5k
Other amounts payable47/48€8k€9k
Accrued charges and deferred income492/3€6k€4k
Income statement Code20242025
Non-recurring operating income76A€22k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€18k
Other operating charges640/8€2k€2k
Gross operating margin9900€105k€140k
Operating profit (loss)9901€78k€121k
Financial income75/76B€364€2k
Recurring financial income75€364€2k
Financial charges65/66B€12k€11k
Recurring financial charges65€12k€11k
Profit (loss) for the period before taxes9903€67k€112k
Income taxes67/77€19k€30k
Profit (loss) for the period9904€48k€82k
Profit (loss) for the period to be appropriated9905€48k€82k
Appropriation of the result
Profit (loss) to be appropriated9906€48k€82k
Profit (loss) brought forward from the previous period14P€506€545
Transfer to equity691/2€48k€57k
To other reserves6921€48k€57k
Profit to be distributed694/7-€25k
Return on contributions (dividend)694-€25k

The notes to these accounts (6 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Equity above €200kEq €227k ▲26.5%
5 profitable years in a row build equity to €227k.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial Equity above €150kEq €155k ▲26.8%
3 profitable years in a row build equity to €155k.
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial Weakest financial yearnet €19k ▼80.5%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 8.10
Current ratio from 3.35 to 8.10; short-term debt falls from €25k to €11k.
17-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Leopoldsburg · 1 establishment unit since 2019
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.

Asdonckstraat 813971 Leopoldsburg
Ground area
1,670 m²
Building footprint
227 m²
Volume, LiDAR
1,189 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GL Consultancy / Sieking
Asdonckstraat 87, 3971 LeopoldsburgTelecommunications
since 20192.290.852.364
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71023A0112/00P043 Flanders 1,185 m² 1 · 138 m² 8.3 m · 2 fl.
71023A0112/00P026 Flanders 485 m² 1 · 90 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 1,312 EUR awarded · 1,312 EUR paid
Year Entries awardedpaid
2023 1 187 EUR187 EUR
2022 1 1,125 EUR1,125 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,312 EUR · 1,312 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 13,842 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-06-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.