GLAS MVH

Active

Private limited companyfounded 2004active for 22 yearsWilgehoevestraat 32, 2180 Antwerpen, BelgiumKBO/BCE: BE 0862.747.494

Summary

GLAS MVH has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323,586 and a net result of €30,441. Equity is growing by about 6.6% per year across the filed financial years. Its solvency ranks better than 95% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

GLAS MVHActiveChecked score 97/100

Risk analysis Report Compare

Activity

Specialised construction activities

NACE 43343

1 site

Size

€336,621total assets 2025

Equity: €323,586
Profit: €30,441

Turnover not published (micro format)

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

2025 accounts 27 days early2 deeds in the Belgian Official Gazette

Why 97raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 24.44, cash €243,974Equity €323,586 (96.1% of total assets)Founded in 2004Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 76% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 96.1% of total assets

Liquidity 100+11

short-term debt 3.9% · cash 72.5%

Profitability 80-3

return on assets 9.0%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026highest value 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity ample (current ratio 24.44, compared with 18.58 in 2024, above the usual 1.5; short-term debt: 3.9% and cash: 72.5% of total assets), and 3.9% of the assets are financed with debt and provisions.

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 (NACE 43, micro): better than 90% on solvency, 98% on liquidity, 59% on profitability and 56% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 24.44, cash €243,974

NBB · annual accounts

Equity €323,586 (96.1% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Founded in 2004

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-04-2026, 27 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

27 days early

2024

28 days early

2023

28 days early

2022

3 days early

2021

33 days early

2020

32 days early

2019

3 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 April (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end25-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

03-04-2026 Annual accounts filedfinancial year 2025 · micro…
02-04-2025 Annual accounts filedfinancial year 2024 · micro…
02-04-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Positive: Among the best 5% on solvencysector median 46.8% · 34,699 companies 96.1% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Positive: 7 profitable years in a rowprofit 2025: €30,441 7 years View

By topic

Financials

Financial year: 2025
Total assets: €336,621
Profit: €30,441
Solvency: 96.1%

Total assets▲ 9.2%

Net result

20192025

Go to Financials

Timeline

Events: 24
Since: 2006
Next accounts: by 30-04-2027

30-09-2023Liquidity more than 5 times
27-04-2023Annual accounts filed
30-09-2022Highest result from 2019 to 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Specialised construction activitiesNACE 43343
Founded: 16-01-2004
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Key facts about GLAS MVH

What is the company number of GLAS MVH?: 0862.747.494. In Belgium the VAT number is the company number with BE in front: BE 0862.747.494.
Where is GLAS MVH based?: The registered office is at Wilgehoevestraat 32, 2180 Antwerpen.Company details
What does GLAS MVH do?: According to the KBO register, the main activity is specialised construction activities (NACE 43343).
What is the legal form of GLAS MVH?: Private limited company (BV).
When was GLAS MVH founded?: On 16-01-2004.
Is GLAS MVH still active?: Yes, GLAS MVH is an active enterprise in the KBO register.
What is the turnover of GLAS MVH?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GLAS MVH profitable?: In financial year 2025, GLAS MVH made a profit of €30,441.
Where can I find the annual accounts of GLAS MVH?: GLAS MVH filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLAS MVH due?: By 30-04-2027, for financial year 2026.Timeline