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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 9,323 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.

Overview

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%
2023 accounts 37 days early1 of 2 deeds summarised
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% (40,231 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
raises risk · Figures for financial year 2023 (filed 24-06-2024)
NBB · annual accounts
raises risk · 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
raises risk · 2 financial years not filed after the legal deadline
NBB · filings
lowers risk · Liquidity: current ratio 8.32, cash €7,417
NBB · annual accounts
neutral · 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)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Resignations: Maarten Schepers (director) and P&M…Appointment: Aydogan Samet (director) ·…
  2. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 12% on equitysector median €320,439 · 9,325 companies €15,649 View
  • Controlled by P&M BEHEER 100% View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2023
Total assets
€16,971
Profit
€649
Solvency
92.2%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of motor vehicle parts and accessoriesNACE 47820
Founded
05-12-2022
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Key facts about Glas Tools Benelux

What is the company number of Glas Tools Benelux?
0794.402.284. In Belgium the VAT number is the company number with BE in front: BE 0794.402.284.
Where is Glas Tools Benelux based?
The registered office is at Bergbeemdstraat 95, 3600 Genk.Company details
What does Glas Tools Benelux do?
According to the KBO register, the main activity is retail sale of motor vehicle parts and accessories (NACE 47820).
What is the legal form of Glas Tools Benelux?
Private limited company (BV).
When was Glas Tools Benelux founded?
On 05-12-2022.
Is Glas Tools Benelux still active?
Yes, Glas Tools Benelux is an active enterprise in the KBO register.
What is the turnover of Glas Tools Benelux?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Glas Tools Benelux profitable?
In financial year 2023, Glas Tools Benelux made a profit of €649.
Where can I find the annual accounts of Glas Tools Benelux?
Glas Tools Benelux filed 1 annual account with the National Bank of Belgium, for financial year 2023.

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