GLARUS DECO GROUP
The computed 12-month bankruptcy probability of GLARUS DECO GROUP is 2.7% (moderate). The 2024 annual accounts show equity of €51k and a net result of €5k. Its solvency ranks better than 91% of 11077 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €51k |
| Net result | €5k |
| Better than sector | 91% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.7% | 40.9% | |
| Net result | €5k | €11k | |
| Equity | €51k | €34k | |
| Gross operating margin | €7k | €35k | |
| Total assets | €63k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €7k |
| Net profit | €5k |
| Cash flow | €6k |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €63k |
| Equity | €51k |
| Debt | €13k |
| of which ≤ 1y | €13k |
| of which > 1y | - |
| Working capital | €49k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 4.84 |
| Quick ratio | 4.84 |
| Working capital ratio | 77.9% |
| Solvency | 79.7% |
| Debt / equity | 0.25 |
| Long-term debt ratio | - |
| Interest coverage | 46.22 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.3% |
| ROE | 9.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €63k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €62k |
| Amounts receivable within one year | 40/41 | €42k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €63k |
| Equity | 10/15 | €51k |
| Contributions / capital | 10/11 | €7k |
| Reserves | 13 | €44k |
| Amounts payable | 17/49 | €13k |
| Amounts payable within one year | 42/48 | €13k |
| Trade debts payable within one year | 44 | €862 |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €6k |
| Financial income | 75 | €900 |
| Financial charges | 65 | €153 |
| Result before taxes | 9903 | €6k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €5k |
| Result to be appropriated | 9905 | €5k |
Former directors (2)
-
Former01-03-2024 → 01-02-2026
2 events
- 01-02-2026 Resigned· Director
- 01-03-2024 Appointed· Director
-
Former25-11-2022 → 22-09-2023
2 events
- 22-09-2023 Resigned· Director
- 25-11-2022 Appointed· Director
| NACE primary | Specialised construction(43341) |
| Legal form | Private limited company(610) |
| Incorporation | 08-11-2022 |
| Status | Active |
| Postal code | 3550 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F0198/00G000 | Flanders | 967 m² | 1 · 209 m² | 10.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-03-2026 General meeting · Officer resignation · Officer discharge
- Publication: 25/03/2026 · GLARUS DECO GROUP
- Filing: 17/03/2026 · GLARUS DECO GROUP
- General meeting: 01/02/2026 · GLARUS DECO GROUP
- Officer resignation: role: bestuurder, start_date: 2026-02-01 · Cavdar Turkay
- Officer discharge · Cavdar Turkay
Technical details
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}26-04-2024 Cavdar Türkay appointed as director
- Cavdar Türkay, Bestuurder
Technical details
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}31-10-2023 Mehmed Nurhan Beyhan resigns as director
- Mehmed Nurhan Beyhan, Bestuurder
Technical details
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}19-09-2023 Registered office moved within Heusden-Zolder
- Koolmijnlaan 403, 3550 Heusden-Zolder → Meylandtlaan 166, 3550 Heusden-Zolder
Technical details
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}07-02-2023 Mehmed Nurhan Beyhan appointed as director
- Mehmed Nurhan Beyhan, Bestuurder
Technical details
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}10-11-2022 Incorporation of a new BV
Technical details
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"niss": null,
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"partner_role": null,
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"contribution_type": "cash",
"amount_paid_in_eur": 7000,
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GLARUS DECO GROUP |