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Glenn Le Rycke

Active
Private limited companyfounded 2004active for 22 yearsBooiebos 35, 9031 Gent, BelgiumKBO/BCE: BE 0865.344.324
Summary

Glenn Le Rycke has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,910 and a net result of €40,306. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 22% of 9,302 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
Glenn Le RyckeActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€998,984total assets 2025
Equity
€148,910
Profit
€40,306
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
  • Le Rycke GlennDirector
2025 accounts 14 days early1 of 3 deeds summarised
Why 69raises riskSector: Construction of residential and non-residential buildings (NACE 41)1 of the last 3 lateEquity €148,910 (14.9% of total assets)lowers riskSize: total assets €998,984Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 49% of its sector peers (NACE 41, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 40+5
equity 14.9% of total assets
Liquidity 49+13
short-term debt 20.1% · cash 4.4%
Profitability 74+4
return on assets 4.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,431 companies, NACE 41, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.4%▲ +0.1 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.3 percentage points vs 06-2025 08-2025: 2.2%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 1.1%▼ -1.1 percentage points vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.2%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 0.7%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.24, compared with 0.1 in 2024, below 1; short-term debt: 20.1% and cash: 4.4% of total assets), and 85.1% of the assets are financed with debt and provisions.
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 41, micro): better than 22% on solvency, 49% on liquidity, 49% on profitability and 74% on growth.

The bankruptcy probability was computed on 24-10-2026 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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €998,984
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Equity €148,910 (14.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9302 sector peers (2025).
NBB · sector comparison
Position among 9302 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
25 days late
2023
41 days late
2022
57 days late
2021
94 days late
2020
31 days late
2019
60 days late
← 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 42 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 September (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Equity above €100,000equity €108,603 ▲13.9%

Key points

  • Positive: Among the best 16% on net resultsector median €8,523 · 9,292 companies €40,306 View
  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €998,984 View

By topic

Financials

Financial year
2025
Total assets
€998,984
Profit
€40,306
Solvency
14.9%
Total assets▼ 5.4%
Net result
20182025
Go to Financials

Timeline

Events
27
Since
2006
Next accounts
by 31-07-2027
  1. 10-09-2024Annual accounts filed
  2. 11-01-2024Reappointment: Le Rycke Glenn (statutory director)
  3. 31-12-2023Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
17-05-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Glenn Le Rycke

What is the company number of Glenn Le Rycke?
0865.344.324. In Belgium the VAT number is the company number with BE in front: BE 0865.344.324.
Where is Glenn Le Rycke based?
The registered office is at Booiebos 35, 9031 Gent.Company details
What does Glenn Le Rycke do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Glenn Le Rycke?
Private limited company (BV).
When was Glenn Le Rycke founded?
On 17-05-2004.
Is Glenn Le Rycke still active?
Yes, Glenn Le Rycke is an active enterprise in the KBO register.
How many employees does Glenn Le Rycke have?
On average 0.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of Glenn Le Rycke?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Glenn Le Rycke profitable?
In financial year 2025, Glenn Le Rycke made a profit of €40,306.
Where can I find the annual accounts of Glenn Le Rycke?
Glenn Le Rycke filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Glenn Le Rycke due?
By 31-07-2027, for financial year 2026.Timeline

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