Glenn

Active

Private limited companyfounded 2024active for 1 yearLeopoldstraat 59, 2330 Merksplas, BelgiumKBO/BCE: BE 1016.480.618

Summary

The computed 12-month bankruptcy probability of Glenn is 2.5% (moderate). The 2025 annual accounts show equity of €1,023 and a net result of -€3,977. Its solvency ranks better than 28% of 16,745 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

GlennActiveChecked score 51/100

Risk analysis Report Compare

Activity

Cafés and bars

NACE 56301

1 site

Size

€28,632total assets 2025

Equity: €1,023
Loss: -€3,977

Turnover not published (micro format)

Financial health

51 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.5%

Structure

CEURSTERS, Dennis Ludovicus MariaDirector
NUYENS, Evy Maria JanDirector

Accounts 148 days early

Why 51raises riskSector: Food and beverage service activities (NACE 56)Founded in 2024Equity €1,023 (3.6% of total assets)lowers riskLiquidity: current ratio 1.04, cash €13,359Show the evidence

Checked score

Score 2025

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 32% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength

Weak

Solvency 29

equity 3.6% of total assets

Liquidity 50

short-term debt 96.4% · cash 46.7%

Profitability 3

return on assets -13.9%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,750 companies, NACE 56, micro)

Last 24 months 12-2025: 3.9% 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 4.1%▲ +0.2 percentage points vs 01-2026 03-2026: 4.4%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 2.3%▼ -2.1 percentage points vs 03-2026lowest value 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.4%● unchanged vs 07-2026 09-2026: 2.4%● unchanged vs 08-2026 10-2026: 2.5%▲ +0.1 percentage points vs 09-2026

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 28% on solvency, 49% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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