GLACE ET BEN
The computed 12-month bankruptcy probability of GLACE ET BEN is 3.1% (average). The 2024 annual accounts show equity of €39k and a net result of €-25k. Its solvency ranks better than 33% of 115 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €39k |
| Net result | €-25k |
| Staff (FTE) | 4.4 |
| Better than sector | 33% |
Fragile profile — watch profitability in particular.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.6% | 23.4% | |
| Net result | €-25k | €3k | |
| Equity | €39k | €23k | |
| Gross operating margin | €219k | €39k | |
| Staff costs | €162k | €38k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €51k |
| Net profit | €-25k |
| Cash flow | €27k |
| Staff costs | €162k |
| Income taxes | €-2k |
| Dividends | — |
| Total assets | €693k |
| Equity | €39k |
| Debt | €654k |
| of which ≤ 1y | €131k |
| of which > 1y | €523k |
| Working capital | €-98k |
| Employees (FTE) | 4.4 |
| 2024 | |
|---|---|
| Current ratio | 0.25 |
| Quick ratio | 0.19 |
| Working capital ratio | -14.1% |
| Solvency | 5.6% |
| Debt / equity | 16.78 |
| Long-term debt ratio | 13.43 |
| Interest coverage | 1.81 |
| Gross margin | — |
| Net margin | — |
| ROA | -3.6% |
| ROE | -64.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €693k |
| Fixed assets | 21/28 | €660k |
| Intangible fixed assets | 21 | €855 |
| Tangible fixed assets | 22/27 | €659k |
| Current assets | 29/58 | €33k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €14k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €693k |
| Equity | 10/15 | €39k |
| Contributions / capital | 10/11 | €35k |
| Accumulated profits (losses) | 14 | €4k |
| Amounts payable | 17/49 | €654k |
| Amounts payable after one year | 17 | €523k |
| Amounts payable within one year | 42/48 | €131k |
| Trade debts payable within one year | 44 | €21k |
| Income statement | ||
| Gross operating margin | 9900 | €219k |
| Operating result | 9901 | €-1k |
| Financial income | 75 | €160 |
| Financial charges | 65 | €28k |
| Result before taxes | 9903 | €-27k |
| Income taxes | 67/77 | €-2k |
| Net result for the period | 9904 | €-25k |
| Result to be appropriated | 9905 | €-25k |
| NACE primary | Food manufacturing(10520) |
| Legal form | Private limited company(610) |
| Incorporation | 09-11-2022 |
| Status | Active |
| Postal code | 5070 |
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| Legal nameFR | GLACE ET BEN |