GLAUDIS PROJECTS

Active

Private limited companyfounded 20214 yrs activeSint-Truidersteenweg 24, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0776.633.072

GLAUDIS PROJECTS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €262k and a net result of €338k. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 480 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

70 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability89▲+34

Solvency39▼-7

Growth78=

Track record94

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €18k at 30 days acceptable

Liquidity ample (current ratio 1.79 against 1.26 in 2023; short-term debt: 55.7% and cash: 39% of total assets), but 85.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 63

Relative position

BE, all sectors

reference

Sector 63

lower

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 480 sector peers (2024).

NBB · sector comparison

Position among 480 sector peers

Solvency

better than 22%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

34 d early

2023

14 d early

2022

33 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€262k▲ 16.9%

2023 · €224k

2022: €102k 2023: €224k

2022 → 2024

Total assets

€1.86M▲ 71.2%

2023 · €1.09M

2022: €378k 2023: €1.09M

2022 → 2024

Net result

€338k▲ 177%

2023 · €122k

2022: €2k 2023: €122k

2022 → 2024

Working capital

€822k▲ 272%

2023 · €221k

2022: €102k 2023: €221k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€102k-€224k▲ 119%€262k▲ 16.9%

Operating result€16k-€258k▲ 1,542%€528k▲ 105%

Net result€2k-€122k▲ 4,933%€338k▲ 177%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2024 is 105% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €1.86M

99.8%

Fixed assets €3k▼ 6.6%

Current assets €1.86M▲ 71.4%

Equity and liabilities €1.86M

14.1%

85.9%

Equity €262k▲ 16.9%

Debt €1.60M▲ 85.2%

The debt ratio rises from 79.4% to 85.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€528k▲

2023 · €258k

Cash flow

€338k▲

2023 · €122k

Solvency

14.1%▼

2023 · 20.6%

Current ratio

1.79▲

2023 · 1.26

Quick ratio

1.79▲

2023 · 1.26

Debt / equity

6.11▲

2023 · 3.85

ROE

128.8%▲

2023 · 54.4%

ROA

18.1%▲

2023 · 11.2%

Interest coverage

5.71▲

2023 · 2.70

Debt

€1.60M▲

2023 · €865k

Debt ≤ 1 year

€1.04M▲

2023 · €865k

Income taxes

€112k▲

2023 · €41k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.09M€1.86M▲

Fixed assets21/28€4k€3k▼

Tangible fixed assets22/27€4k€3k▼

Plant, machinery and equipment23€4k€3k▼

Financial fixed assets28-€150

Current assets29/58€1.09M€1.86M▲

Amounts receivable within one year40/41€201k€203k▲

Trade receivables40€144k€146k▲

Other amounts receivable41€56k€57k▲

Current investments50/53-€900k

Cash at bank and in hand54/58€451k€727k▲

Deferred charges and accrued income490/1€434k€31k▼

Equity and liabilities

Total equity and liabilities10/49€1.09M€1.86M▲

Equity10/15€224k€262k▲

Contributions10/11€100k€100k=

Reserves13€124k€162k▲

Distributable reserves133€124k€162k▲

Profit (loss) carried forward14-€0

Amounts payable17/49€865k€1.60M▲

Amounts payable within one year42/48€865k€1.04M▲

Trade debts44€223k€552k▲

Suppliers440/4€223k€552k▲

Taxes, remuneration and social security45€42k€177k▲

Taxes450/3€42k€177k▲

Other amounts payable47/48€600k€310k▼

Accrued charges and deferred income492/3-€563k

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292€385▲

Other operating charges640/8€913€387▼

Gross operating margin9900€259k€528k▲

Operating profit (loss)9901€258k€528k▲

Financial income75/76B€1k€15k▲

Recurring financial income75€1k€15k▲

Financial charges65/66B€96k€92k▼

Recurring financial charges65€96k€92k▼

Profit (loss) for the period before taxes9903€163k€450k▲

Income taxes67/77€41k€112k▲

Profit (loss) for the period9904€122k€338k▲

Profit (loss) for the period to be appropriated9905€122k€338k▲

Appropriation of the result

Profit (loss) to be appropriated9906€122k€338k▲

Transfer to equity691/2€122k€38k▼

To other reserves6921€122k€38k▼

Profit to be distributed694/7-€300k

Return on contributions (dividend)694-€300k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2022net €338k ▲177%

Operating result €528k, net result €338k, both a record.

17-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Equity above €200kEq €224k ▲119%

2 profitable years in a row build equity to €224k.

28-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Herk-de-Stad · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Sint-Truidersteenweg 243540 Herk-de-Stad

Ground area

8,157 m²

Building footprint

626 m²

Volume, LiDAR

2,071 m³

Parcel 71024A0481/00A002, Flanders · tallest building 14.9 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

GLAUDIS PROJECTS

Sint-Truidersteenweg 24, 3540 Herk-de-StadComputing infrastructure, data processing, hosting and other information service activities

since 20212.323.915.409

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71024A0481/00A002	Flanders	8,157 m²	1 · 626 m²	14.9 m · 1 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.

Similar companies · same sector, comparable size

Of 3,153 companies in sector 63920 we hold annual accounts for 1,522. 1,129 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-10-2021

Fiscal year end31-12

Activities, NACEBEL

63920Other information service activities

63990Computing infrastructure, data processing, hosting and other information service activities

64200Holdings

64210Activities of holding companies

64922Financial service activities, except insurance and pension funding

68201Renting and operating of own or leased residential real estate, excluding social housing

68203Renting and operating of own or leased non-residential real estate, excluding land

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 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.