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Glados

Active
Private limited companyfounded 20206 yrs activeMareldongen(HEU) 3, 9070 Destelbergen, BelgiumKBO/BCE: BE 0748.441.904
Summary

Glados is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€37,681) and a net result of -€40,459. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8094 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8094 sector peers (2025).
NBB · sector comparison
Position among 8094 sector peers
Solvency
better than 5%
← weakest strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
24 d early
2024
9 d early
2023
37 d early
2022
6 d early
2021
51 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 25 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Glados was incorporated on 10 June 2020 as a Private limited company.1 Total assets fell from EUR 60,485 in 2021 to EUR 8,517 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€37,681
2024 · €2,778
Net result
-€40,459
2024 · €8,090
Total assets
€8,517▼ 83.7%
2024 · €52,361
Solvency
-442.4%▼ 447.7pp
2024 · 5.3%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,083--€3,295▼ 204%-€1,357▲ 58.8%€12,654-€37,312
Net result-€2,383below the sector's middle half--€5,240below the sector's middle half▼ 120%-€2,688below the sector's middle half▲ 48.7%€8,090within the sector's middle half-€40,459below the sector's middle half
Equity€2,617below the sector's middle half--€2,623below the sector's middle half-€5,312below the sector's middle half▼ 102%€2,778below the sector's middle half-€37,681below the sector's middle half
Total assets€60,485below the sector's middle half-€85,399below the sector's middle half▲ 41.2%€81,835below the sector's middle half▼ 4.2%€52,361below the sector's middle half▼ 36.0%€8,517below the sector's middle half▼ 83.7%
Debt€57,869-€88,022▲ 52.1%€87,147▼ 1.0%€49,583▼ 43.1%€46,198▼ 6.8%
Working capital-€580within the sector's middle half-€9,965within the sector's middle half€8,092within the sector's middle half▼ 18.8%€17,061within the sector's middle half▲ 111%-€22,596within the sector's middle half
Solvency4.3%below the sector's middle half--3.1%below the sector's middle half▼ 7.4pp-6.5%below the sector's middle half▼ 3.4pp5.3%below the sector's middle half▲ 11.8pp-442.4%below the sector's middle half▼ 447.7pp
Current ratio0.99within the sector's middle half-1.14within the sector's middle half▲ 0.151.11within the sector's middle half▼ 0.021.50within the sector's middle half▲ 0.390.27below the sector's middle half▼ 1.23
Return on assets (ROA)-3.9%below the sector's middle half--6.1%below the sector's middle half▼ 2.2pp-3.3%below the sector's middle half▲ 2.9pp15.5%within the sector's middle half▲ 18.7pp-475.0%below the sector's middle half▼ 490.5pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€1,083-€1,083Net result 2021: -€2,383-€2,383Operating result 2022: -€3,295-€3,295Net result 2022: -€5,240-€5,240Operating result 2023: -€1,357-€1,357Net result 2023: -€2,688-€2,688Operating result 2024: €12,654€12,654Net result 2024: €8,090€8,090Operating result 2025: -€37,312-€37,312Net result 2025: -€40,459-€40,45920212022202320242025-€60,000-€40,000-€20,000€0€20,000Operating result 2023: -€1,357-€1,360Net result 2023: -€2,688-€2,690Operating result 2024: €12,654€12,700Net result 2024: €8,090€8,090Operating result 2025: -€37,312-€37,300Net result 2025: -€40,459-€40,500202320242025
The operating result turns negative in 2025: a loss of €37,312 after €12,654 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8,517
Fixed assets €315 ▼ 71.8%
Current assets €8,203 ▼ 84.0%
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€30,798▼
2024 · €34,183
Debt > 1 year
€15,400=
2024 · €15,400
Income taxes
€162▼
2024 · €678
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€52,361€8,517▼
Fixed assets21/28€1,117€315▼
Tangible fixed assets22/27€1,117€315▼
Land and buildings22€188€0▼
Furniture and vehicles24€929€315▼
Current assets29/58€51,243€8,203▼
Amounts receivable within one year40/41€6,172€1,681▼
Trade receivables40€0-
Other amounts receivable41€6,172€1,681▼
Cash at bank and in hand54/58€34,834€3,675▼
Deferred charges and accrued income490/1€10,238€2,846▼
Equity and liabilities
Total equity and liabilities10/49€52,361€8,517▼
Equity10/15€2,778-€37,681▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€2,222-€42,681▼
Amounts payable17/49€49,583€46,198▼
Amounts payable after more than one year17€15,400€15,400=
Other amounts payable178/9€15,400€15,400=
Amounts payable within one year42/48€34,183€30,798▼
Trade debts44€501€601▲
Suppliers440/4€501€601▲
Taxes, remuneration and social security45€4,880€0▼
Taxes450/3€4,880€0▼
Other amounts payable47/48€28,802€30,197▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€879€803▼
Other operating charges640/8€678€694▲
Gross operating margin9900€14,211-€35,816▼
Operating profit (loss)9901€12,654-€37,312▼
Financial charges65/66B€3,886€2,985▼
Recurring financial charges65€3,886€2,985▼
Profit (loss) for the period before taxes9903€8,768-€40,298▼
Income taxes67/77€678€162▼
Profit (loss) for the period9904€8,090-€40,459▼
Profit (loss) for the period to be appropriated9905€8,090-€40,459▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,222-€42,681▼
Profit (loss) brought forward from the previous period14P-€10,312-€2,222▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€6,000€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640€879€879€879€803▼ 8.7%
Other operating charges640/8€1,342€1,413€624€678€694▲ 2.4%
Gross operating margin9900€898-€1,003€145€14,211-€35,816▼ 352%
Operating profit (loss)9901-€1,083-€3,295-€1,357€12,654-€37,312▼ 395%
Financial charges65/66B€984€1,477€892€3,886€2,985▼ 23.2%
Recurring financial charges65€984€1,477€892€3,886€2,985▼ 23.2%
Profit (loss) for the period before taxes9903-€2,067-€4,771-€2,249€8,768-€40,298▼ 560%
Income taxes67/77€316€469€439€678€162▼ 76.2%
Profit (loss) for the period9904-€2,383-€5,240-€2,688€8,090-€40,459▼ 600%
Profit (loss) for the period to be appropriated9905-€2,383-€5,240-€2,688€8,090-€40,459▼ 600%
Line20212022202320242025Change
Assets
Total assets20/58€60,485€85,399€81,835€52,361€8,517▼ 83.7%
Fixed assets21/28€3,754€2,875€1,996€1,117€315▼ 71.8%
Tangible fixed assets22/27€3,754€2,875€1,996€1,117€315▼ 71.8%
Land and buildings22€981€717€453€188€0▼ 100%
Furniture and vehicles24€2,772€2,158€1,544€929€315▼ 66.1%
Current assets29/58€56,731€82,524€79,839€51,243€8,203▼ 84.0%
Amounts receivable within one year40/41€22,990€48,275€51,300€6,172€1,681▼ 72.8%
Trade receivables40€22,990€48,275€51,300€0--
Other amounts receivable41---€6,172€1,681▼ 72.8%
Cash at bank and in hand54/58€9,557€15,881€14,293€34,834€3,675▼ 89.4%
Deferred charges and accrued income490/1€24,185€18,368€14,246€10,238€2,846▼ 72.2%
Equity and liabilities
Total equity and liabilities10/49€60,485€85,399€81,835€52,361€8,517▼ 83.7%
Equity10/15€2,617-€2,623-€5,312€2,778-€37,681▼ 1,456%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€2,383-€7,623-€10,312-€2,222-€42,681▼ 1,821%
Amounts payable17/49€57,869€88,022€87,147€49,583€46,198▼ 6.8%
Amounts payable after more than one year17-€15,400€15,400€15,400€15,400=
Other amounts payable178/9-€15,400€15,400€15,400€15,400=
Amounts payable within one year42/48€57,312€72,559€71,747€34,183€30,798▼ 9.9%
Trade debts44€6,749€2,988€9,455€501€601▲ 20.0%
Suppliers440/4€6,749€2,988€9,455€501€601▲ 20.0%
Taxes, remuneration and social security45€20,789€19,972€15,095€4,880€0▼ 100%
Taxes450/3€12,389€19,972€15,095€4,880€0▼ 100%
Remuneration and social security454/9€8,400€0----
Other amounts payable47/48€29,774€49,599€47,197€28,802€30,197▲ 4.8%
Accrued charges and deferred income492/3€557€64€0---
Line20212022202320242025Change
Profit (loss) for the period9904-€2,383-€5,240-€2,688€8,090-€40,459▼ 600%
+ Depreciation and write-downs630€640€879€879€879€803▼ 8.7%
Operating cash flow (approximation)-€1,743-€4,361-€1,810€8,969-€39,657▼ 542%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€6,324-€1,588€20,541-€31,159▼ 252%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€40,459
Net result drops to -€40,459, the lowest in the series.
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €8,090
Net result €8,090 after 3 loss-making years.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Destelbergen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
4,000 m²
Building footprint
164 m²
Volume, LiDAR
1,166 m³
Parcel 44028D0577/00C000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Glados
Mareldongen(HEU) 3, 9070 DestelbergenAgents specialised in the wholesale of other particular products
since 20202.303.129.891
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44028D0577/00C000 Flanders 4,000 m² 1 · 164 m² 11.2 m · 2 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.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 2,176 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
Founded10-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0748441904
Also 9925:BE0748441904

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.