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GL Holdco

Active
Private limited companyfounded 20224 yrs activeKempische steenweg 303/200, 3500 Hasselt, BelgiumKBO/BCE: BE 0782.527.704
Summary

The computed 12-month bankruptcy probability of GL Holdco is 3.9% (moderate). The 2025 annual accounts show negative equity (-€6.0m) and a net result of -€146,557. Equity is shrinking by ~21.8% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€2.2mtotal assets 2025
Equity
-€6.0m
Loss
-€146,557
Turnover not published (abridged schema)
Financial health
46 Fair Checked score 2025
Bankruptcy chance 12 m
3.9%
Provisional estimate
Structure
Board
1 member
Holdings
1
Accounts 22 d early1 of 6 deeds read
Why 46- Limited track record- No NACE activity registered- Annual accounts: weaker financial profileShow the evidence

Checked score

Score 2025
46 / 100
Fair
Probability in this band: 1.5% to 4.2%
Provisional estimate
Better than 12% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 0=
equity -277.9% of total assets
Liquidity 3-2
cash 1.1%
Profitability 21-12
return on assets -6.7%
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Provisional estimate
No credit on open account
cash: 1.1% of total assets, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, small). Better than this share of them on solvency 1%, liquidity 6%, profitability 13%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.

Provisional estimate: the current bankruptcy probability was not available, so Checked used its built-in model (v2).

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-277.9%
Return on assets
-6.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€6.0m
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 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
22 d early
2024
12 d late
2023
104 d late
2022
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 6 September (3 of the last 4 filed years within 59 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Appointment: Damon Tompkins (director)Power of attorney
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€6.0m View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€146,557 View
  • Caution: Result fell in 2025from -€27,592 to -€146,557 ▼ 431% View
  • New directorlatest change 18-08-2026 · 1 in office 1 joined View

By topic

Financials

Fiscal year
2025
Total assets
€2.2m
Loss
-€146,557
Solvency
-277.9%
Total assets▲ 28.8%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 18-08-2026Appointment: Damon Tompkins (director)
  2. 09-07-2026Annual accounts filed
  3. 12-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
23-02-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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