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Complete company report
Generated 05-08-2026
Active BE 0800.567.130Private limited company

GL Energy

Boulevard de la Cense 15 ·1410 Waterloo, Belgium· 3 yrs active
Sector: Specialised construction (43240)
Conclusion Checked

The computed 12-month bankruptcy probability of GL Energy is 4.2% (elevated). The 2023 annual accounts show equity of €24k and a net result of €18k. Its solvency ranks better than 53% of 9089 sector peers (fiscal year 2023). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €24k
Net result €18k
Better than sector 53%
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health78Profitability100Solvency79Growth50Stability79
77 / 100

Exceptional profile, strong across almost every axis.

Health 78
Profitability 100
Solvency 79
Growth 50
Stability 79
Bankruptcy probability (12 mo) Checked model v1 · free
4.2% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
78 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 41.3% 38.7%
better than 53% of 9089 sector peers
Net result €18k €12k
better than 60% of 9074 sector peers
Equity €24k €30k
better than 43% of 9095 sector peers
Gross operating margin €26k €33k
better than 43% of 9064 sector peers
Total assets €58k €89k
better than 34% of 9090 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2023
Revenue-
EBITDA-
Net profit€18k
Cash flow-
Staff costs-
Income taxes€8k
Dividends-
Total assets€58k
Equity€24k
Debt€34k
of which ≤ 1y€34k
of which > 1y-
Working capital€24k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.70
Quick ratio1.69
Working capital ratio41.3%
Solvency41.3%
Debt / equity1.42
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA30.9%
ROE74.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€58k
Current assets 29/58€58k
Stocks & contracts in progress 3€500
Amounts receivable within one year 40/41€34k
Cash & bank 54/58€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€58k
Equity 10/15€24k
Contributions / capital 10/11€6k
Reserves 13€18k
Amounts payable 17/49€34k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€26k
Income statement
Gross operating margin 9900€26k
Operating result 9901€26k
Financial charges 65€53
Result before taxes 9903€26k
Income taxes 67/77€8k
Net result for the period 9904€18k
Result to be appropriated 9905€18k
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43240)
Legal form Private limited company(610)
Incorporation07-04-2023
StatusActive
Postal code1410
Establishment units 1 location
GL Energy
Rue Ma Campagne 33, 1410 WaterlooReparatie en onderhoud van verwarmingsinstallaties
since 20232.344.380.330
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25110B0425/00H005 Wallonia 1,306 m² 1 · 254 m² -
25110C0266/00G000 Wallonia 433 m² 1 · 99 m² -
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.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
09-07-2025
State Gazette act Registered-office change
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
09-07-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
09-07-2025 Registered office moved within Waterloo Registered-office change
  • rue Ma Campagne 33 à 1410 Waterloo → Boulevard de la Cense 15 boîte 10 à 1410 Waterloo
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Boulevard de la Cense 15 bo\u00EEte 10 \u00E0 1410 Waterloo",
        "city": "Waterloo",
        "region": "waals_gewest",
        "street": "Boulevard de la Cense",
        "country": "BE",
        "postcode": "1410",
        "box_number": "10",
        "street_number": "15",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "rue Ma Campagne 33 \u00E0 1410 Waterloo",
        "city": "Waterloo",
        "region": "waals_gewest",
        "street": "rue Ma Campagne",
        "country": "BE",
        "postcode": "1410",
        "box_number": null,
        "street_number": "33",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "not_specified",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-07-09",
    "filing_date": "2025-06-30",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2025-02-27",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0800.567.130",
    "name_full": "GL ENERGY",
    "legal_form": "sri",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Demaerschalk Val\u00E9rie",
    "org_rep_person_name": null,
    "person_role_at_subject": "Mandatataire"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Elektrotechnische installatiewerken, uitgezonderd aan gebouwen43212Elektrotechnische installatiewerken van nijverheidsinrichtingen43212Installatie van isolatie43230Isolatiewerkzaamheden43291Schilderen van gebouwen43341Schilderen van gebouwen43341Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Bouwarchitecten71111Activiteiten van bouwarchitecten71111
Primary activity highlighted.
Names & trade names
Legal nameFR GL Energy
Registered office
Boulevard de la Cense 15 bus 10
1410 Waterloo, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative