Turnover
≈ €490,000 estimated
The micro format states no turnover.
Glem
Lifetime
4 annual accounts with figures on one time axispeak €185,375 (2025)
€185,375▲ 20.7%
lowest -€12,303 (2023)
€8,493▼ 76.3%
peak €34,245 (2025)
€34,245▲ 33.0%
€359,770▼ 21.3%
Board1 name since 2022
1 director
Documentsfilings and deeds
24-09-202655 days late
2025micro format
Gross margin from €153,534 to €185,375Result from €35,772 to €8,493Equity from €25,752 to €34,245Debts from €457,306 to €359,770Cash from €29,238 to €14,230
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as Glem has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,135 companies, not a prediction for Glem. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786356036
Incorporation
Founding capital of €1,200, 100 shares · Founder: · Appointment: (director) · published on 20-05-2022 · Gazette deed
First establishment
Antwerpsesteenweg 232, Malle
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Glem: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €273,000 and €464,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 18-05-2022Normal situation
- Activity
- Cafés and barsNACE 56301and 2 others
- Establishment unit
- 2.332.442.6972390 Malle, since 18-05-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2025
Annual accounts 2025
- €394,015▼ 18.4%
- Employeeson 31-12-2025
- 2▼ 60.0%
- Filing
- Filed on 24-09-2026
Insights on Glem
Glem files the micro format. That format states no turnover. The gross margin rose from €9,474 in 2022 to €185,375 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Glem
- What is the company number of Glem?
- The company number of Glem is 0786.356.036. The VAT number is the same number with BE in front: BE 0786.356.036.
- Where is Glem based?
- The registered office is at Antwerpsesteenweg 232, 2390 Malle.Company details
- What does Glem do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of Glem?
- Glem is a private limited company (BV).
- When was Glem founded?
- Glem was founded on 18-05-2022.
- Is Glem still active?
- Yes, Glem is an active enterprise in the KBO register.
- How many employees does Glem have?
- Glem had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Glem?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €185,375 and 32 comparable companies (NACE 56301). It probably lies between €440,000 and €630,000.
- Is Glem profitable?
- In financial year 2025, Glem made a profit of €8,493.
- Where can I find the annual accounts of Glem?
- Glem filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Glem due?
- Glem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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