GLAMU
ActiveSummary
The computed 12-month bankruptcy probability of GLAMU is 1.8% (moderate). The 2025 annual accounts show equity of €47,064 and a net result of €2,955, of which €15,634 non-recurring income. Equity has been growing by about 8.9% per year since 2020. Its solvency ranks better than 30% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 30-07-2019 Normal situation
- Activity
- Joinery installation NACE 43320and 4 others
- Establishment unit
- 2.291.768.619 3390 Tielt-Winge, since 30-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- Gross margin
- €18,059
- ▼ 10.6%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €2,955
- ▼ 32.8%
- Equity
- €47,064
- ▲ 6.7%
- Total assets
- €164,799
- ▼ 8.1%
Score breakdownraises riskLiquidity: current ratio 2.80, cash €0, halvedFounded in 2019Sector: Specialised construction activities (NACE 43)Size: total assets €164,799Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 30% of them on solvency, 36% on liquidity, 25% on profitability and 50% 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GLAMU: joinery installation (NACE 43320). They are comparable in size and age: total assets between €138,000 and €198,000, founded between 2019 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| GLAMU Tielt-Winge | €164,799 | €18,059 |
| Skill Holsbeek | €141,870 | €19,861 |
| LES NOUVEAUX BATISSEURS Sint-Genesius-Rode | €197,701 | €21,634 |
| Callewood Brakel | €166,083 | €20,333 |
| ALWOOD Wortegem-Petegem | €153,741 | €19,296 |
| BARDES Verviers | €137,668 | €18,062 |
| Wood You Geel | €187,352 | €21,167 |
Key facts about GLAMU
- What is the company number of GLAMU?
- The company number of GLAMU is 0731.688.222. The VAT number is the same number with BE in front: BE 0731.688.222.
- Where is GLAMU based?
- The registered office is at Tiensesteenweg 59, 3390 Tielt-Winge.Company details
- What does GLAMU do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of GLAMU?
- The legal form of GLAMU is Private limited company (BV).
- When was GLAMU founded?
- GLAMU was founded on 30-07-2019.
- Is GLAMU still active?
- Yes, GLAMU is an active enterprise in the KBO register.
- What is the turnover of GLAMU?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €18,059 and 56 comparable companies (NACE 43320). It probably lies between €110,000 and €360,000. It is a rough estimate.Financials
- Is GLAMU profitable?
- In financial year 2025, GLAMU made a profit of €2,955.
- Where can I find the annual accounts of GLAMU?
- GLAMU filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLAMU due?
- GLAMU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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