GL&P
ActiveThe file of GL&P contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.7% (low). The 2024 annual accounts show equity of €68,822 and a net result of €76,606. Equity is growing by ~128.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 37948 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+12
Solvency53▲+2
Growth78=
Track record85
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.21 against 1.08 in 2023; short-term debt: 71.2% and cash: 20.3% of total assets), and 71.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
2 d late
2021
3 d early
2020
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€68,822▲ 63.0%
2023 · €42,216
Total assets
€245,021▲ 52.0%
2023 · €161,246
Net result
€76,606▲ 214%
2023 · €24,360
Working capital
€37,108▲ 322%
2023 · €8,801
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,357-€10,161€37,776▲ 272%€56,529▲ 49.6%€97,828▲ 73.1%
Net result-€5,862-€153€22,565▲ 14,609%€24,360▲ 8.0%€76,606▲ 214%
Equity-€4,862--€4,708▲ 3.2%€17,856€42,216▲ 136%€68,822▲ 63.0%
Total assets€14,581-€109,248▲ 649%€89,500▼ 18.1%€161,246▲ 80.2%€245,021▲ 52.0%
Debt€19,443-€113,956▲ 486%€71,644▼ 37.1%€119,030▲ 66.1%€176,199▲ 48.0%
Working capital-€2,064--€4,708▼ 128%€18,793€8,801▼ 53.2%€37,108▲ 322%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 73% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245,021
Fixed assets
€33,540 ▼ 4.8%
Current assets
€211,481 ▲ 67.8%
Equity and liabilities €245,021
Equity
€68,822 ▲ 63.0%
Debt
€176,199 ▲ 48.0%
Debt's share of the balance-sheet total falls from 73.8% to 71.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€99,530▲
2023 · €57,628
Cash flow
€78,308▲
2023 · €25,459
Current ratio
1.21▲
2023 · 1.08
Debt to equity
2.56▼
2023 · 2.82
ROE
111.3%▲
2023 · 57.7%
ROA
31.3%▲
2023 · 15.1%
Interest coverage
11.13▲
2023 · 9.58
Debt ≤ 1 year
€174,372▲
2023 · €117,204
Income taxes
€19,637▼
2023 · €30,092
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,733 | - | €204 | €1,099 | €1,702 | ▲ 54.8% |
| Other operating charges640/8 | - | €3,002 | €1,649 | €6,694 | €10,821 | ▲ 61.7% |
| Non-recurring operating charges66A | - | €5,462 | - | - | - | - |
| Gross operating margin9900 | €873 | €18,625 | €39,629 | €64,322 | €110,352 | ▲ 71.6% |
| Operating profit (loss)9901 | -€1,357 | €10,161 | €37,776 | €56,529 | €97,828 | ▲ 73.1% |
| Financial income75/76B | - | €14 | €9 | €3,937 | €7,354 | ▲ 86.8% |
| Recurring financial income75 | - | €14 | €9 | €3,937 | €7,354 | ▲ 86.8% |
| Financial charges65/66B | - | €2,936 | €9,221 | €6,014 | €8,940 | ▲ 48.6% |
| Recurring financial charges65 | €2,493 | €2,936 | €9,221 | €6,014 | €8,940 | ▲ 48.6% |
| Profit (loss) for the period before taxes9903 | -€3,850 | €7,239 | €28,565 | €54,452 | €96,242 | ▲ 76.7% |
| Income taxes67/77 | €2,012 | €7,085 | €6,000 | €30,092 | €19,637 | ▼ 34.7% |
| Profit (loss) for the period9904 | -€5,862 | €153 | €22,565 | €24,360 | €76,606 | ▲ 214% |
| Profit (loss) for the period to be appropriated9905 | -€5,862 | €153 | €22,565 | €24,360 | €76,606 | ▲ 214% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,581 | €109,248 | €89,500 | €161,246 | €245,021 | ▲ 52.0% |
| Fixed assets21/28 | - | - | €890 | €35,242 | €33,540 | ▼ 4.8% |
| Tangible fixed assets22/27 | - | - | €890 | €30,242 | €28,540 | ▼ 5.6% |
| Plant, machinery and equipment23 | - | - | - | €4,301 | €3,125 | ▼ 27.3% |
| Furniture and vehicles24 | - | - | €890 | €25,941 | €25,415 | ▼ 2.0% |
| Financial fixed assets28 | - | - | - | €5,000 | €5,000 | = |
| Current assets29/58 | €14,581 | €109,248 | €88,610 | €126,004 | €211,481 | ▲ 67.8% |
| Amounts receivable within one year40/41 | €10,533 | €71,429 | €88,529 | €116,136 | €161,179 | ▲ 38.8% |
| Trade receivables40 | - | €49,899 | €41,673 | €116,136 | €8,594 | ▼ 92.6% |
| Other amounts receivable41 | - | €21,530 | €46,856 | - | €152,585 | - |
| Cash at bank and in hand54/58 | €3,973 | €37,744 | €82 | €9,868 | €49,789 | ▲ 405% |
| Deferred charges and accrued income490/1 | - | €75 | - | - | €512 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,581 | €109,248 | €89,500 | €161,246 | €245,021 | ▲ 52.0% |
| Equity10/15 | -€4,862 | -€4,708 | €17,856 | €42,216 | €68,822 | ▲ 63.0% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€5,862 | -€5,708 | €16,856 | €41,216 | €67,822 | ▲ 64.6% |
| Amounts payable17/49 | €19,443 | €113,956 | €71,644 | €119,030 | €176,199 | ▲ 48.0% |
| Amounts payable after more than one year17 | €2,798 | - | - | - | - | - |
| Amounts payable within one year42/48 | €16,645 | €113,956 | €69,817 | €117,204 | €174,372 | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | - | €2,798 | €24 | - | €40,000 | - |
| Financial debts43 | - | - | €30,258 | €28,794 | €26,143 | ▼ 9.2% |
| Credit institutions430/8 | - | - | €30,258 | €28,794 | €26,143 | ▼ 9.2% |
| Trade debts44 | €991 | €69,732 | €14,635 | €34,588 | €33,127 | ▼ 4.2% |
| Suppliers440/4 | - | €69,732 | €14,635 | €34,588 | €33,127 | ▼ 4.2% |
| Taxes, remuneration and social security45 | - | €41,426 | €24,900 | €53,821 | €25,103 | ▼ 53.4% |
| Taxes450/3 | - | €41,426 | €24,900 | €53,821 | €25,103 | ▼ 53.4% |
| Other amounts payable47/48 | - | - | - | - | €50,000 | - |
| Accrued charges and deferred income492/3 | - | - | €1,827 | €1,827 | €1,827 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,862 | €153 | €22,565 | €24,360 | €76,606 | ▲ 214% |
| + Depreciation and write-downs630 | €1,733 | - | €204 | €1,099 | €1,702 | ▲ 54.8% |
| Operating cash flow (approximation) | -€4,128 | €153 | €22,768 | €25,459 | €78,308 | ▲ 208% |
| Investment in fixed assets (approximation) | - | - | - | -€35,451 | €0 | ▲ 100% |
| Change in cash | - | €33,771 | -€37,663 | €9,786 | €39,921 | ▲ 308% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2020net €76,606 ▲214%
Operating result €97,828, net result €76,606, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
11-01
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Gent, afdeling Gent · event 03-01-2023
2022
05-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 29-11-2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €153
Net result €153 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2019
Ground area
266 m²
Building footprint
265 m²
Volume, LiDAR
3,746 m³
Parcel 21807G0211/00W012, Brussels · tallest building 34.0 m, ±5 floors. Linked by address, not a title deed.
493
companies at this address
See who is registered here
1 establishment unit
GL&P
since 20192.299.217.328
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0211/00W012 | Brussels | 266 m² | 1 · 265 m² | 34.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICOLAS CLAERHOUT KONING ALBERTSTRAAT 25/1,
9900 EEKLO |
29-11-2022 → 03-01-2023 |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 39,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0734971671
Registered
11-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.