Glashandel Larochette
ActiveSummary
Glashandel Larochette has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,533 and a net result of -€6,946. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 48% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-58
Solvency70▲+1
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.92 in 2024; short-term debt: 40.9% and cash: 3.5% of total assets), but 55.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.9%
Return on assets
-2.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
9 d early
2023
57 d late
2022
5 d early
2021
25 d early
2020
9 d early
2019
17 d 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 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 26 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€437,598▼ 17.3%
2019 · €528,999
EBIT margin
-6.6%▼ 8.4pp
2019 · 1.8%
Net result
-€6,946
2024 · €74,605
Working capital
€86,739▼ 12.3%
2024 · €98,883
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€31,579-€30,060€1,599€95,097▲ 5,849%-€7,847
Net result€21,376within the sector's middle half-€38,065below the sector's middle half-€4,351below the sector's middle half▲ 88.6%€74,605above the sector's middle half-€6,946below the sector's middle half
EBIT margin
Equity€94,290within the sector's middle half▲ 29.3%€56,225within the sector's middle half▼ 40.4%€51,874within the sector's middle half▼ 7.7%€126,479within the sector's middle half▲ 144%€119,533within the sector's middle half▼ 5.5%
Total assets€246,238within the sector's middle half▼ 2.6%€224,475within the sector's middle half▼ 8.8%€398,402above the sector's middle half▲ 77.5%€288,753within the sector's middle half▼ 27.5%€266,213within the sector's middle half▼ 7.8%
Debt€151,948▼ 15.5%€168,250▲ 10.7%€346,528▲ 106%€162,274▼ 53.2%€146,680▼ 9.6%
Working capital€92,868above the sector's middle half▲ 21.4%€51,538within the sector's middle half▼ 44.5%€37,739within the sector's middle half▼ 26.8%€98,883above the sector's middle half▲ 162%€86,739within the sector's middle half▼ 12.3%
Solvency38.3%within the sector's middle half▲ 9.4pp25.0%within the sector's middle half▼ 13.2pp13.0%below the sector's middle half▼ 12.0pp43.8%within the sector's middle half▲ 30.8pp44.9%within the sector's middle half▲ 1.1pp
Current ratio2.60within the sector's middle half▲ 0.571.60within the sector's middle half▼ 1.001.14within the sector's middle half▼ 0.461.92within the sector's middle half▲ 0.781.80within the sector's middle half▼ 0.12
Return on assets (ROA)8.7%within the sector's middle half▲ 23.8pp-17.0%below the sector's middle half▼ 25.6pp-1.1%below the sector's middle half▲ 15.9pp25.8%above the sector's middle half▲ 26.9pp-2.6%below the sector's middle half▼ 28.4pp
Staff (FTE)2.9▲ 45.0%4▲ 37.9%2.3▼ 42.5%2.4▲ 4.3%1.9▼ 20.8%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7,847 after €95,097 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266,213
Fixed assets
€70,661 ▼ 13.8%
Current assets
€195,552 ▼ 5.4%
Equity and liabilities €266,213
Equity
€119,533 ▼ 5.5%
Debt
€146,680 ▼ 9.6%
Debt's share of the balance-sheet total falls from 56.2% to 55.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,685▼
2024 · €112,657
Cash flow
€11,586▼
2024 · €92,165
Quick ratio
1.75▼
2024 · 1.82
Debt to equity
1.23▼
2024 · 1.28
ROE
-5.8%▼
2024 · 59.0%
Interest coverage
3.24▼
2024 · 21.91
Debt ≤ 1 year
€108,813▲
2024 · €107,893
Debt > 1 year
€37,867▼
2024 · €53,134
Income taxes
€208▼
2024 · €16,367
Staff costs
€131,554▼
2024 · €154,590
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8,751 | - | €1,905 | - |
| Remuneration, social security and pensions62 | - | €230,566 | €133,872 | €154,590 | €131,554 | ▼ 14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,281 | €17,168 | €15,660 | €17,560 | €18,532 | ▲ 5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €14,465 | - |
| Other operating charges640/8 | - | €7,624 | €3,781 | €3,958 | €9,217 | ▲ 133% |
| Gross operating margin9900 | €225,649 | €225,298 | €154,911 | €271,205 | €165,921 | ▼ 38.8% |
| Operating profit (loss)9901 | €31,579 | -€30,060 | €1,599 | €95,097 | -€7,847 | ▼ 108% |
| Financial income75/76B | - | €45 | €382 | €1,018 | €4,409 | ▲ 333% |
| Recurring financial income75 | €109 | €45 | €382 | €1,018 | €3,680 | ▲ 262% |
| Non-recurring financial income76B | - | - | - | - | €729 | - |
| Financial charges65/66B | - | €7,725 | €6,113 | €5,142 | €3,300 | ▼ 35.8% |
| Recurring financial charges65 | €8,064 | €7,725 | €6,113 | €5,142 | €3,300 | ▼ 35.8% |
| Profit (loss) for the period before taxes9903 | €23,624 | -€37,740 | -€4,133 | €90,972 | -€6,738 | ▼ 107% |
| Income taxes67/77 | €2,249 | €325 | €218 | €16,367 | €208 | ▼ 98.7% |
| Profit (loss) for the period9904 | €21,376 | -€38,065 | -€4,351 | €74,605 | -€6,946 | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €21,376 | -€38,065 | -€4,351 | €74,605 | -€6,946 | ▼ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €246,238 | €224,475 | €398,402 | €288,753 | €266,213 | ▼ 7.8% |
| Fixed assets21/28 | €95,377 | €86,697 | €81,717 | €81,977 | €70,661 | ▼ 13.8% |
| Tangible fixed assets22/27 | €87,577 | €78,897 | €73,917 | €74,177 | €62,361 | ▼ 15.9% |
| Land and buildings22 | - | €69,423 | €57,587 | €45,750 | €34,109 | ▼ 25.4% |
| Plant, machinery and equipment23 | - | €5,383 | €13,673 | €14,255 | €12,293 | ▼ 13.8% |
| Furniture and vehicles24 | - | €4,091 | €2,657 | €14,172 | €15,959 | ▲ 12.6% |
| Financial fixed assets28 | €7,800 | €7,800 | €7,800 | €7,800 | €8,300 | ▲ 6.4% |
| Current assets29/58 | €150,862 | €137,779 | €316,686 | €206,776 | €195,552 | ▼ 5.4% |
| Stocks and contracts in progress3 | €4,907 | €9,609 | €110,123 | €10,123 | €5,030 | ▼ 50.3% |
| Stocks30/36 | - | €9,609 | €110,123 | €10,123 | €5,030 | ▼ 50.3% |
| Amounts receivable within one year40/41 | €72,678 | €82,126 | €154,171 | €187,850 | €176,164 | ▼ 6.2% |
| Trade receivables40 | - | €67,762 | €114,638 | €170,637 | €140,864 | ▼ 17.4% |
| Other amounts receivable41 | - | €14,364 | €39,534 | €17,213 | €35,300 | ▲ 105% |
| Cash at bank and in hand54/58 | €64,841 | €35,589 | €43,616 | €8,302 | €9,215 | ▲ 11.0% |
| Deferred charges and accrued income490/1 | - | €10,454 | €8,776 | €500 | €5,144 | ▲ 928% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €246,238 | €224,475 | €398,402 | €288,753 | €266,213 | ▼ 7.8% |
| Equity10/15 | €94,290 | €56,225 | €51,874 | €126,479 | €119,533 | ▼ 5.5% |
| Contributions10/11 | - | €26,000 | €26,000 | €26,000 | €26,000 | = |
| Reserves13 | €68,290 | €67,975 | €67,975 | €100,479 | €97,879 | ▼ 2.6% |
| Non-distributable reserves130/1 | - | €2,600 | €2,600 | €2,600 | - | - |
| Reserves not available under the articles1311 | - | €2,600 | €2,600 | €2,600 | - | - |
| Distributable reserves133 | - | €65,375 | €65,375 | €97,879 | €97,879 | = |
| Profit (loss) carried forward14 | - | -€37,750 | -€42,101 | - | -€4,346 | - |
| Amounts payable17/49 | €151,948 | €168,250 | €346,528 | €162,274 | €146,680 | ▼ 9.6% |
| Amounts payable after more than one year17 | €93,817 | €82,009 | €67,581 | €53,134 | €37,867 | ▼ 28.7% |
| Financial debts170/4 | - | €82,009 | €67,581 | €53,134 | €37,867 | ▼ 28.7% |
| Amounts payable within one year42/48 | €57,994 | €86,241 | €278,947 | €107,893 | €108,813 | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | €13,708 | €14,428 | €14,382 | €15,266 | ▲ 6.1% |
| Financial debts43 | - | - | - | - | €10,215 | - |
| Credit institutions430/8 | - | - | - | - | €10,215 | - |
| Trade debts44 | €20,529 | €55,198 | €239,806 | €69,516 | €77,679 | ▲ 11.7% |
| Suppliers440/4 | - | €55,198 | €239,806 | €69,516 | €77,679 | ▲ 11.7% |
| Taxes, remuneration and social security45 | - | €10,189 | €24,713 | €23,995 | €5,652 | ▼ 76.4% |
| Taxes450/3 | - | €488 | €218 | €17,523 | €959 | ▼ 94.5% |
| Remuneration and social security454/9 | - | €9,701 | €24,495 | €6,473 | €4,693 | ▼ 27.5% |
| Other amounts payable47/48 | - | €7,145 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,248 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,376 | -€38,065 | -€4,351 | €74,605 | -€6,946 | ▼ 109% |
| + Depreciation and write-downs630 | €16,281 | €17,168 | €15,660 | €17,560 | €18,532 | ▲ 5.5% |
| Operating cash flow (approximation) | €37,657 | -€20,897 | €11,309 | €92,165 | €11,586 | ▼ 87.4% |
| Investment in fixed assets (approximation) | - | -€8,488 | -€10,680 | -€17,821 | -€7,216 | ▲ 59.5% |
| Change in cash | - | -€29,252 | €8,027 | -€35,313 | €913 | ▲ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €74,605
Net result €74,605 after 2 loss-making years.
30-06
Financial
Equity above €100,000Eq €126,479 ▲144%
Equity rises from €51,874 to €126,479.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €21,376
Net result €21,376 after 2 loss-making years.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€38,286
Net result drops to -€38,286, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Kapellen · 1 establishment unit since 2008
Ground area
799 m²
Building footprint
134 m²
Volume, LiDAR
659 m³
Parcel 11902E0055/00F002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Interieur Larochette
since 20082.173.993.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902E0055/00F002 | Flanders | 799 m² | 1 · 134 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 210 EUR awarded · 210 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 210 EUR |
| 2022 | 1 | 210 EUR | 0 EUR |
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,140. 7,710 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-09-2008
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806327544
Also
9925:BE0806327544
Registered
26-08-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.