Equity
-€20,083
Debts exceed assets in financial year 2025.
GLAM ATH
Lifetime
3 annual accounts with figures on one time axispeak €221,612 (2025)
€221,612▲ 22.7%
lowest -€62,450 (2023)
€22,158▲ 45.7%
peak -€20,083 (2025)
-€20,083▲ €22,158
€113,598▼ 13.7%
Board2 names since 2023
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €180,660 to €221,612Result from €15,209 to €22,158Equity from -€42,241 to -€20,083
Key points
from the 2025 annual accountsTurnover
≈ €690,000 estimated
The micro format states no turnover.
Debts
€113,598 121% of the balance sheet
Suppliers 33%Taxes and wages 26%Other 41%
Of this, €112,804 falls due within a year.
Staff
10 employees on 31-12-2025
In 2025, 37 people joined and 36 left.
Filings
3 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€20,083
Less equity than 83% of companies in food and beverage service. Sector median €28,352 · 18,582 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,018 companies had the same profile as GLAM ATH has now. Each dot stands for 3 companies, two years later.
89.1%
were still trading
4.1%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,018 companies, not a prediction for GLAM ATH. 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
Board and ownership
Director, , since 13-03-2023
- score equity €103,123 (2025) · deed of 16-03-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799475780
Incorporation
Founding capital of €5,000, 100 shares · Founders: (comparant) and (comparante) · Appointments: (director) and (director) · published on 16-03-2023 · Gazette deed
First establishment
Grand'Place 14, Ath
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLAM ATH Ath | €93,515 | €221,612 | -21.5% | - |
| FREDINIE Estaimpuis | €95,217 | €242,484 | -5.5% | - |
| N&L RESTO Molenbeek-Saint-Jean | €94,336 | €202,586 | 76.6% | - |
| Les deux garçons Ganshoren | €104,534 | €240,275 | -19.6% | - |
| L'Heure Bleue Wemmel | €93,234 | €180,221 | -40.0% | - |
| Piknik Genk | €96,158 | €197,684 | 17.1% | - |
| EL RUFUS Diest | €102,693 | €257,001 | -78.6% | - |
These companies have the same main activity as GLAM ATH: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €93,200 and €105,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 14-03-2023Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.342.805.1687800 Ath, since 14-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Annual accounts 2025
- €93,515▲ 4.5%
- Employeeson 31-12-2025
- 10▲ 11.1%
- Filing
- Filed on 30-09-2026
Insights on GLAM ATH
GLAM ATH files the micro format. That format states no turnover. The gross margin rose from €91,521 in 2023 to €221,612 in 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 GLAM ATH
- What is the company number of GLAM ATH?
- The company number of GLAM ATH is 0799.475.780. The VAT number is the same number with BE in front: BE 0799.475.780.
- Where is GLAM ATH based?
- The registered office is at Grand'Place 14, 7800 Ath.Company details
- What does GLAM ATH 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 GLAM ATH?
- GLAM ATH is a private limited company (BV).
- When was GLAM ATH founded?
- GLAM ATH was founded on 14-03-2023.
- Is GLAM ATH still active?
- Yes, GLAM ATH is an active enterprise in the KBO register.
- How many employees does GLAM ATH have?
- GLAM ATH had an average of 9.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GLAM ATH fall under?
- In its 2025 annual accounts, GLAM ATH states joint committee 302 (Hotels and catering).
- What is the turnover of GLAM ATH?
- The turnover in financial year 2025 is ≈ €690,000. This figure is estimated from the gross margin of €221,612 and 88 comparable companies (NACE 56112). It probably lies between €510,000 and €860,000.
- Is GLAM ATH profitable?
- In financial year 2025, GLAM ATH made a profit of €22,158.
- Where can I find the annual accounts of GLAM ATH?
- GLAM ATH filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLAM ATH due?
- GLAM ATH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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