Result
-€10,114 -€10,114
From profit to loss in 2025, after a profit of €43,202 in 2024.
GLADE FIVE
Lifetime
2 annual accounts with figures on one time axispeak €51,095 (2024)
-€2,887▼ €53,981
lowest -€10,114 (2025)
-€10,114▼ €53,316
peak €43,202 (2024)
€33,088▼ 23.4%
€6,251▼ 90.7%
Board1 name since 2024
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €51,095 to -€2,887Loss of €10,114Equity from €43,202 to €33,088Debts from €67,124 to €6,251Cash from €14,904 to €7,649
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Key points
from the 2025 annual accountsLiquidity
3.89 was 1.36 in 2024
Short-term debts fell from €67,124 to €6,251.
Position in the sector
-€10,114
Lower net result than 95% of companies in legal and accounting. Sector median €37,367 · 15,836 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as GLADE FIVE has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for GLADE FIVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012885183
Incorporation
Founding capital of €3,000, 100 shares · Founder: (comparant/souscripteur) · Appointment: (director) · published on 30-08-2024 · Gazette deed
First establishment
Pater de Dekenstraat 38, Etterbeek
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLADE FIVE Etterbeek | €39,338 | -€2,887 | 84.1% | - |
| Philippe Tessier - Avocat Ixelles | €37,649 | -€11,725 | -40.5% | - |
| K.I.S.S. IP Forest | €47,360 | -€781 | 77.5% | - |
| Ben Hermans Advocaat Dilbeek | €40,359 | -€50,755 | -119.4% | - |
| Louis Vandebroek Braine-l'Alleud | €33,911 | -€4,515 | -13.7% | - |
| Maxime Lambilliotte Legal Sint-Gillis (bij-Brussel) | €29,404 | -€4,822 | 86.8% | - |
| Clémence Jonckheere Woluwe-Saint-Lambert | €28,881 | -€11,605 | 16.8% | - |
These companies have the same main activity as GLADE FIVE: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €28,900 and €47,400, founded in 2024.
Official details
Source: KBO- Status
- Active since 28-08-2024Normal situation
- Activity
- Activities of lawyersNACE 69101and 1 other
- Establishment unit
- 2.367.609.2561040 Etterbeek, since 28-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 29-10-2025
Insights on GLADE FIVE
GLADE FIVE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,088 and a net result of -€10,114.
Its solvency ranks better than 83% of 15,834 sector peers (NACE 69, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GLADE FIVE
- What is the company number of GLADE FIVE?
- The company number of GLADE FIVE is 1012.885.183. The VAT number is the same number with BE in front: BE 1012.885.183.
- Where is GLADE FIVE based?
- The registered office is at Pater de Dekenstraat 38, 1040 Etterbeek.Company details
- What does GLADE FIVE do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of GLADE FIVE?
- GLADE FIVE is a private limited company (BV).
- When was GLADE FIVE founded?
- GLADE FIVE was founded on 28-08-2024.
- Is GLADE FIVE still active?
- Yes, GLADE FIVE is an active enterprise in the KBO register.
- What is the turnover of GLADE FIVE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is GLADE FIVE profitable?
- In financial year 2025, GLADE FIVE made a loss of €10,114.
- Where can I find the annual accounts of GLADE FIVE?
- GLADE FIVE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLADE FIVE due?
- GLADE FIVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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