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GLACE JOZEF

Active
Private limited companyfounded 1984active for 41 yearsOnafhankelijkheidsstraat 114, 2650 Edegem, BelgiumKBO/BCE: BE 0426.692.112
Summary

GLACE JOZEF has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230,635 and a net result of -€9,694. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 79% of 4,802 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-11-1984 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Joint committee
118 Paritair Comité voor de voedingsnijverheid · annual accounts 2025
Establishment unit
2.026.079.283 2650 Edegem, since 01-03-1985
Financial year end
31 December
Peppol
Reachable since 17-11-2025

Board and ownership

Board
  • Berghmans GuyDirector

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€61,229
▲ 7.7%
Turnover
≈ €220,000
estimated
Loss
€9,694
▼ 38.8%
Equity
€230,635
▼ 4.0%
Total assets
€372,173
▼ 7.8%
Employees on 31-12-2025
6
▼ 14.3%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 2.04, cash €25,605lowers riskFounded in 1984Equity €230,635 (62.0% of total assets)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 87+2
equity 62.0% of total assets
Liquidity 59+3
short-term debt 7.3% · cash 6.9%
Profitability 65+1
return on assets -2.6%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 0.3%lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -0.3 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.2 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (1.94 in 2024), above the usual 1.5. Short-term debt is 7.3% and cash 6.9% of total assets. 38% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 78% of them on solvency, 63% on liquidity, 45% on profitability and 36% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €230,635 (62.0% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.04, cash €25,605
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,694
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
20 days late
2023
58 days early
2022
55 days early
2021
10 days late
2020
6 days late
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 June (4 of the last 5 accounts filed within 65 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th oldest company in Edegem, Accommodation and food service sectorin the Checked rankings No. 4 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€9,694 View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
All 14 events

Comparable companies

These companies have the same main activity as GLACE JOZEF: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €215,000 and €565,000, founded between 1981 and 1997.

CompanyTotal assetsGross margin
GLACE JOZEF Edegem€372,173€61,229
CROUSTIFRAIS Aubel€214,717€66,485
Caramba Antwerpen€311,268€144,663
ROYAL CROISSANT Sint-Gillis (bij-Brussel)€520,867€96,714
MI-LENN Gent€565,319€153,521
JEAN SCHOOLAERT-NIVILLE Koksijde€326,240€126,727
@Patat Antwerpen€346,160€193,752
Full comparison

Key facts about GLACE JOZEF

What is the company number of GLACE JOZEF?
The company number of GLACE JOZEF is 0426.692.112. The VAT number is the same number with BE in front: BE 0426.692.112.
Where is GLACE JOZEF based?
The registered office is at Onafhankelijkheidsstraat 114, 2650 Edegem.Company details
What does GLACE JOZEF do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of GLACE JOZEF?
The legal form of GLACE JOZEF is Private limited company (BV).
When was GLACE JOZEF founded?
GLACE JOZEF was founded on 20-11-1984.
Is GLACE JOZEF still active?
Yes, GLACE JOZEF is an active enterprise in the KBO register.
How many employees does GLACE JOZEF have?
GLACE JOZEF had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GLACE JOZEF fall under?
In its 2025 annual accounts, GLACE JOZEF states joint committee 118 (Paritair Comité voor de voedingsnijverheid).
What is the turnover of GLACE JOZEF?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €61,229 and 115 comparable companies (NACE 56112). It probably lies between €160,000 and €270,000.
Is GLACE JOZEF profitable?
In financial year 2025, GLACE JOZEF made a loss of €9,694.
Where can I find the annual accounts of GLACE JOZEF?
GLACE JOZEF filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLACE JOZEF due?
GLACE JOZEF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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