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Glass Metal Services

Active
Private limited companyfounded 2016active for 10 yearsTe Groeneweghe 41, 8800 Roeselare, BelgiumKBO/BCE: BE 0655.686.544
Summary

Glass Metal Services has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€26,395) and a net result of €4,673. Equity has been shrinking by about 36% per year since 2019. Its solvency ranks better than 5% of 351 sector peers (NACE 71, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 26-05-2016 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121and 1 other
Establishment unit
2.254.343.742 8800 Roeselare, since 26-05-2016
Financial year end
31 March
Peppol
Reachable since 29-12-2025

Board and ownership

Board

Financial position

55 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2026
Gross margin
€8,702
Turnover
≈ €45,000
estimated
Profit
€4,673
Equity
-€26,395
▲ 15.0%
Total assets
€23,223
▼ 50.5%
  • Negative equity on 31-03-2026
Score breakdownraises riskName on a sanctions listCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€26,395lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €23,223Show the evidence

Checked score

Score 2026
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in architecture and engineering (NACE 71)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Average
Solvency 0=
equity -113.7% of total assets
Liquidity 50+38
short-term debt 213.7% · cash 50.0%
Profitability 94+94
return on assets 20.1%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,826 companies, NACE 71, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 4.3%▲ +2.7 percentage points vs 01-2025 03-2025: 4.3%● unchanged vs 02-2025 04-2025: 4.3%● unchanged vs 03-2025 05-2025: 4.3%● unchanged vs 04-2025 06-2025: 4.2%▼ -0.1 percentage points vs 05-2025 07-2025: 4.2%● unchanged vs 06-2025 08-2025: 4.2%● unchanged vs 07-2025 09-2025: 4.1%▼ -0.1 percentage points vs 08-2025 10-2025: 4.2%▲ +0.1 percentage points vs 09-2025 11-2025: 5.0%▲ +0.8 percentage points vs 10-2025highest value 12-2025: 5.0%● unchanged vs 11-2025highest value 01-2026: 5.0%● unchanged vs 12-2025highest value 02-2026: 2.0%▼ -3.0 percentage points vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 1.8%▼ -0.2 percentage points vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 0.5%▼ -1.3 percentage points vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.24 (0.42 in 2025), below 1. Short-term debt is 213.7% and cash 50% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 71, micro). It does better than 3% of them on solvency, 31% on liquidity, 69% on profitability and 62% on growth.

The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€26,395
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: total assets €23,223
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 351 sector peers (2026).
NBB · sector comparison
Position among 351 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-10-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
8 days early
2025
3 days early
2024
6 days early
2023
1 day early
2022
2 days late
2021
3 days late
2020
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Name match with a sanctions list

1 entry
SHAHID MEISAMI GROUPalias S.M.G.
OFAC SDN list (United States) · programme IFSR · IFSR / NPWMD · exact name match (100%)

A matching name does not mean the company is on the list. Check the entry at the source.

Key points

  • Risk: Name on a sanctions listcheck in the source whether it is this company Match View
  • Risk: Negative equitydebts exceed assets in financial year 2026 -€26,395 View
  • Caution: Lower solvency than 95% of companies in architecture and engineeringsector median 57.1% · 351 companies -113.7% View
  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Registered office moved within RoeselareNew seat: Te groeneweghe 41, 8800 Roeselare · Previous seat: Landmansstraat 16, 8800 Roeselare
  2. · Gazette deed Company renamed from VALUNE to Glass Metal ServicesRegistered office moved from Dikkebus to Roeselare · New seat: Landsmansstraat 16, 8800 Roeselare · Previous seat: Dikkebusseweg 565, 8900 Dikkebus (leper)
  3. · Gazette deed Registered office moved from Stekene to DikkebusNew seat: Dikkebusseweg 565, 8900 Dikkebus (leper) · Previous seat: Potaardestraat 50, 9190 Stekene
All 16 events

Comparable companies

These companies have the same main activity as Glass Metal Services: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €20,300 and €30,200, founded between 2014 and 2016.

CompanyTotal assetsGross margin
Glass Metal Services Roeselare€23,223€8,702
STATCO Geel€24,355€8,277
BerPhico Jemeppe-sur-Sambre€20,278€10,097
I-Kustik Mechelen€29,116€9,876
PIERRE RUYSSEN-LIEVENS SCS Lierneux€30,159€7,470
VD engineering Rijkevorsel€22,968€6,397
A.T.G.I. Jemeppe-sur-Sambre€24,519€12,462
Full comparison

Key facts about Glass Metal Services

What is the company number of Glass Metal Services?
The company number of Glass Metal Services is 0655.686.544. The VAT number is the same number with BE in front: BE 0655.686.544.
Where is Glass Metal Services based?
The registered office is at Te Groeneweghe 41, 8800 Roeselare.Company details
What does Glass Metal Services do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of Glass Metal Services?
The legal form of Glass Metal Services is Private limited company (BV).
When was Glass Metal Services founded?
Glass Metal Services was founded on 26-05-2016.
Is Glass Metal Services still active?
Yes, Glass Metal Services is an active enterprise in the KBO register.
What is the turnover of Glass Metal Services?
The turnover in financial year 2026 is ≈ €45,000. This figure is estimated from the gross margin of €8,702 and 46 comparable companies (NACE 71121). It probably lies between €27,000 and €100,000. It is a rough estimate.Financials
Is Glass Metal Services profitable?
In financial year 2026, Glass Metal Services made a profit of €4,673.
Where can I find the annual accounts of Glass Metal Services?
Glass Metal Services filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Glass Metal Services due?
Glass Metal Services must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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