Glas Tools Benelux

Active

Private limited companyfounded 2022active for 3 yearsBergbeemdstraat 95, 3600 Genk, BelgiumKBO/BCE: BE 0794.402.284

Summary

The computed 12-month bankruptcy probability of Glas Tools Benelux is 4.8% (elevated). The 2023 annual accounts show equity of €15,649 and a net result of €649. Its solvency ranks better than 95% of 9,326 sector peers (NACE 47, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

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Glas Tools BeneluxActive

Risk analysis Report Compare

Activity

Retail sale of motor vehicle parts and accessories

NACE 47820

1 site

Size

€16,971total assets 2023

Equity: €15,649
Profit: €649

Turnover not published (abbreviated format)

Financial health

Bankruptcy probabilitywithin 12 months: 4.8%

2023 figures too old to score

Structure

Parent: P&M BEHEER · 100%

Aydogan SametDirector

Accounts 37 days early1 of 2 deeds read

Signalsraises riskFigures for financial year 2023 (filed 24-06-2024)Size: total assets €16,9712 financial years not filed after the legal deadlinelowers riskLiquidity: current ratio 8.32, cash €7,417neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Financial strength, FY 2023

Strong

Solvency 100

equity 92.2% of total assets

Liquidity 100

short-term debt 7.8% · cash 43.7%

Profitability 74

return on assets 3.8%

Bankruptcy probability, 12 months

4.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,226 companies, NACE 47, micro)

Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025lowest value 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.2 percentage points vs 03-2025 05-2025: 1.5%▲ +0.4 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.6 percentage points vs 07-2025 09-2025: 2.3%▲ +0.1 percentage points vs 08-2025 10-2025: 4.3%▲ +2.0 percentage points vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.9%▲ +0.6 percentage points vs 11-2025 01-2026: 6.4%▲ +1.5 percentage points vs 12-2025 02-2026: 6.4%● unchanged vs 01-2026 03-2026: 6.6%▲ +0.2 percentage points vs 02-2026 04-2026: 6.1%▼ -0.5 percentage points vs 03-2026 05-2026: 6.1%● unchanged vs 04-2026 06-2026: 6.0%▼ -0.1 percentage points vs 05-2026 07-2026: 7.4%▲ +1.4 percentage points vs 06-2026 08-2026: 8.9%▲ +1.5 percentage points vs 07-2026highest value 09-2026: 8.9%● unchanged vs 08-2026 10-2026: 4.8%▼ -4.1 percentage points vs 09-2026

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Signals

Five signals.

lowers riskraises riskneutral

Figures for financial year 2023 (filed 24-06-2024)

NBB · annual accounts

Size: total assets €16,971

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2 financial years not filed after the legal deadline

NBB · filings

Liquidity: current ratio 8.32, cash €7,417

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-06-2024, 37 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2023

37 days early

← before the deadline after the deadline →

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

This company filed its 2023 accounts 37 days before the deadline; the sector median (NACE 47) for financial year 2023 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

16-09-2024 Resignations: Maarten Schepers (director) and P&M…Appointment: Aydogan Samet (director) ·…
24-06-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Caution: Among the weakest 12% on equitysector median €320,008 · 9,328 companies €15,649 View
Controlled by P&M BEHEER 100% View
One director decidessole director in office 1 View