Glasboy
ActiveThe computed 12-month bankruptcy probability of Glasboy is 1.7% (moderate). The 2025 annual accounts show equity of €166k and a net result of €17k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 908 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-33
Solvency72▲+10
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.04 in 2024; short-term debt: 52.8% and cash: 2.2% of total assets), and 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.2%
Return on assets
4.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
6 d early
2024
2 d early
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€166k▲ 11.5%
2024 · €149k
2023: €75k
2024: €149k
2023 → 2025
Total assets
€351k▼ 13.3%
2024 · €405k
2023: €376k
2024: €405k
2023 → 2025
Net result
€17k▼ 76.7%
2024 · €73k
2023: €73k
2024: €73k
2023 → 2025
Working capital
€27k▲ 170%
2024 · €10k
2023: €-63k
2024: €10k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€75k-€149k▲ 97.3%€166k▲ 11.5%
Operating result€10k-€30k▲ 197%€16k▼ 44.8%
Net result€73k-€73k=€17k▼ 76.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €351k
Fixed assets
€139k=
Current assets
€213k▼ 20.2%
Equity and liabilities €351k
Equity
€166k▲ 11.5%
Debt
€185k▼ 27.7%
The debt ratio falls from 63.3% to 52.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
47.2%▲
2024 · 36.7%
Current ratio
1.15▲
2024 · 1.04
Quick ratio
1.15▲
2024 · 1.04
Debt / equity
1.12▼
2024 · 1.73
ROE
10.3%▼
2024 · 49.3%
ROA
4.9%▼
2024 · 18.1%
Debt
€185k▼
2024 · €256k
Debt ≤ 1 year
€185k▼
2024 · €256k
Income taxes
€4k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€405k€351k▼
Fixed assets21/28€139k€139k=
Financial fixed assets28€139k€139k=
Current assets29/58€266k€213k▼
Amounts receivable within one year40/41€198k€205k▲
Trade receivables40€17k-
Other amounts receivable41€181k€205k▲
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€55k-
Equity and liabilities
Total equity and liabilities10/49€405k€351k▼
Equity10/15€149k€166k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€147k€164k▲
Amounts payable17/49€256k€185k▼
Amounts payable within one year42/48€256k€185k▼
Trade debts44€85€16k▲
Suppliers440/4€85€16k▲
Taxes, remuneration and social security45€48k€5k▼
Taxes450/3€48k€5k▼
Other amounts payable47/48€208k€164k▼
Income statement
Code20242025
Other operating charges640/8€7k€358▼
Gross operating margin9900€37k€17k▼
Operating profit (loss)9901€30k€16k▼
Financial income75/76B€55k€6k▼
Recurring financial income75€55k€6k▼
Financial charges65/66B€4k€681▼
Recurring financial charges65€4k€681▼
Profit (loss) for the period before taxes9903€81k€21k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€73k€17k▼
Profit (loss) for the period to be appropriated9905€73k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€147k€164k▲
Profit (loss) brought forward from the previous period14P€73k€147k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €17k ▼76.7%
Net result drops to €17k, the lowest in the series.
30-09
Financial
Equity above €150kEq €166k ▲11.5%
3 profitable years in a row build equity to €166k.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2023net €73k ▲0%
Operating result €30k, net result €73k, both a record.
30-09
Financial
Equity above €100kEq €149k ▲97.3%
2 profitable years in a row build equity to €149k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prins Boudewijnlaan 72550 KontichGround area
5.2 ha
Building footprint
5,358 m²
Volume, LiDAR
46,640 m³
Parcel 11024B0077/00M000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Glasboy
since 20222.330.581.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0077/00M000 | Flanders | 5.2 ha | 1 · 5,358 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MONDIAL LOC
BE 0750.630.144
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DS LOCATION
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IMMO JECO
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Of 667 companies in sector 77320 we hold annual accounts for 492. 365 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2022
Fiscal year end30-09
Activities, NACEBEL
77320Rental and leasing activities
46630Wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.