GL Installation
Annual accounts 2025
micro format, filed on 06-07-2026, 25 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €150,000 and €390,000.
Balance sheet
balance sheet total €40,078 on 31-12-2025in euro
in euro
Position in the sector
19.6%
Higher than 22% of 35,119 companies in 2025.
0.16
Lower than 95% of 34,493 companies in 2025.
0.2%
Higher than 24% of 34,694 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
€44,432
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
40,078 | 57,260 | |
21/28 |
36,479 | 50,177 | |
22/27 |
36,479 | 50,177 | |
24 |
36,479 | 50,177 | |
29/58 |
3,599 | 7,083 | |
40/41 |
1,249 | 568 | |
40 |
19 | 12 | |
41 |
1,230 | 556 | |
54/58 |
1,758 | 6,515 | |
490/1 |
592 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
40,078 | 57,260 | |
10/15 |
7,843 | 7,770 | |
10/11 |
3,500 | 3,500 | |
13 |
4,343 | 4,270 | |
133 |
4,343 | 4,270 | |
17/49 |
32,234 | 49,490 | |
17 |
9,324 | 22,836 | |
170/4 |
9,324 | 22,836 | |
42/48 |
22,910 | 26,654 | |
42 |
13,512 | 12,963 | |
43 |
3,150 | - | |
430/8 |
3,150 | - | |
44 |
2,155 | 4,489 | |
440/4 |
2,155 | 4,489 | |
45 |
3,816 | 3,991 | |
450/3 |
3,075 | 2,772 | |
454/9 |
741 | 1,219 | |
47/48 |
278 | 5,211 | |
| Income statement | |||
9900 |
63,867 | 22,672 | |
62 |
44,432 | 8,772 | |
630 |
13,698 | 4,616 | |
640/8 |
534 | 1,372 | |
9901 |
5,203 | 7,912 | |
75/76B |
3 | - | |
75 |
3 | - | |
65/66B |
1,680 | 870 | |
65 |
1,680 | 870 | |
9903 |
3,526 | 7,042 | |
67/77 |
3,453 | 2,772 | |
9904 |
73 | 4,270 | |
9905 |
73 | 4,270 | |
| Appropriation of the result | |||
9906 |
73 | 4,270 | |
691/2 |
73 | 4,270 | |
6921 |
73 | 4,270 | |
| Social balance sheet | |||
9087 |
1 | 1 | |
Hours worked1013 |
1,536 | 304 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 18,901 | 12,528 | ||
| 13,772 | 8,886 | ||
| 0 | 54,793 | ||
| -4,757 | - | ||
| -19,312 | -19,572 | ||
| 19.6% | 13.6% | ||
| 0.16 | 0.27 | ||
| 4.11 | 6.37 | ||
| 0.9% | 55.0% | ||
| 0.2% | 7.5% | ||
| 11.25 | 14.40 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| full-time | - | 1 |
| part-time | - | 0 |
| in full-time equivalents | - | 1 |
| 1 | 1 | |
| On a permanent contract | - | 1 |
| Joined | - | 1 |
| Left | - | 0 |
| Training hours | - | 4 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €54,793 |
| €13,698 | €4,616 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on GL Installation
The operating result for 2025 is 34% lower than in 2024.
Debt's share of the balance-sheet total falls from 86.4% to 80.4%. Equity is higher and debt is lower.