Financials
- Financial year
- 2026
- Total assets
- €10,119
- Loss
- -€335,281
- Solvency
- -675533.2%
GLAM HOLDING
ActiveSummary
GLAM HOLDING has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€68.4m) and a net result of -€335,281. Equity is shrinking by about 2.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Activity not known1 site
Size
€10,119total assets 2026
- Equity
- -€68.4m
- Loss
- -€335,281
Structure
- Parent
- RED 5 · 98.52%
- Holdings
- 2
Accounts 9 days early1 of 16 deeds read
Why 53raises riskCapped at 59: negative equityNegative equity -€68.4mLoss of €335,281, the second in a row (financial year 2026)No main activity registeredlowers riskSize: total assets €10,119Show the evidence
Checked score
Score 2026
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Weak
Solvency
0=
equity -675533.2% of total assets
Liquidity
25-22
short-term debt 1514.5% · cash 19.8%
Profitability
0=
return on assets -3313.5%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.7%
12-2024: 2.7%● unchanged vs 11-2024
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 2.7%● unchanged vs 01-2025
03-2025: 2.7%● unchanged vs 02-2025
04-2025: 2.7%● unchanged vs 03-2025
05-2025: 2.9%▲ +0.2 percentage points vs 04-2025
06-2025: 3.1%▲ +0.2 percentage points vs 05-2025
07-2025: 3.3%▲ +0.2 percentage points vs 06-2025
08-2025: 3.7%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 2.5%▼ -1.2 percentage points vs 08-2025
10-2025: 2.5%● unchanged vs 09-2025
11-2025: 2.5%● unchanged vs 10-2025
12-2025: 2.5%● unchanged vs 11-2025
01-2026: 2.5%● unchanged vs 12-2025
02-2026: 2.4%▼ -0.1 percentage points vs 01-2026
03-2026: 2.4%● unchanged vs 02-2026
04-2026: 2.5%▲ +0.1 percentage points vs 03-2026
05-2026: 2.7%▲ +0.2 percentage points vs 04-2026
06-2026: 2.8%▲ +0.1 percentage points vs 05-2026
07-2026: 1.1%▼ -1.7 percentage points vs 06-2026
08-2026: 1.2%▲ +0.1 percentage points vs 07-2026
09-2026: 1.0%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.07, compared with 0.12 in 2025, below 1; cash: 19.8% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 14% on liquidity, 4% on profitability and 43% on growth.
The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
212223242526
2021 to 2026 · latest year -€68.4m
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 22-08-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
9 days early
2025
12 days early
2024
7 days early
2023
23 days early
2022
12 days late
2021
7 days early
2020
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-01-2027 year end31-08-2027 deadline
- Annual accounts filedfinancial year 2026 · full…
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Parent
- RED 5 · 98.52%
Network & group
- Holdings
- 2
2 holdings
Timeline
- Events
- 30
- Since
- 2008
- Next accounts
- by 31-08-2027
- 21-06-2024Registered office · Amendment of the articles
- 08-08-2023Annual accounts filed
- 31-01-2023Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 07-12-2005
- Year ends
- 31-01
- Peppol
- Not found in the Peppol directory
Key facts about GLAM HOLDING
- What is the company number of GLAM HOLDING?
- 0877.764.777. In Belgium the VAT number is the company number with BE in front: BE 0877.764.777.
- Where is GLAM HOLDING based?
- The registered office is at Louizalaan 240, 1050 Elsene.Company details
- What is the legal form of GLAM HOLDING?
- Public limited company (NV).
- When was GLAM HOLDING founded?
- On 07-12-2005.
- Is GLAM HOLDING still active?
- Yes, GLAM HOLDING is an active enterprise in the KBO register.
- What is the turnover of GLAM HOLDING?
- €28,000 in financial year 2020, according to the filed annual accounts.Financials
- Is GLAM HOLDING profitable?
- In financial year 2026, GLAM HOLDING made a loss of €335,281.
- Where can I find the annual accounts of GLAM HOLDING?
- GLAM HOLDING filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of GLAM HOLDING due?
- By 31-08-2027, for financial year 2027.Timeline
Companies related to GLAM HOLDING
Parent and group
- RED 598.52%
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