Glenn Verbesselt
ActiveGlenn Verbesselt has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134k and a net result of €9k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+26
Solvency78▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 12.0 against 8.91 in 2024; short-term debt: 8% and cash: 11% of total assets), and 46.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.2%
Return on assets
3.7%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
7 d late
2024
76 d early
2023
30 d early
2022
on the day
2021
54 d late
2020
89 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€134k▲ 7.5%
2024 · €124k
2018: €38k
2019: €59k
2020: €72k
2021: €84k
2022: €102k
2023: €123k
2024: €124k
2018 → 2025
Total assets
€251k▼ 2.8%
2024 · €259k
2018: €55k
2019: €72k
2020: €288k
2021: €306k
2022: €268k
2023: €276k
2024: €259k
2018 → 2025
Net result
€9k▲ 417%
2024 · €2k
2018: €19k
2019: €21k
2020: €15k
2021: €12k
2022: €19k
2023: €20k
2024: €2k
2018 → 2025
Working capital
€222k▲ 1.9%
2024 · €218k
2018: €32k
2019: €54k
2020: €143k
2021: €202k
2022: €225k
2023: €235k
2024: €218k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€102k▲ 22.1%€123k▲ 19.8%€124k▲ 1.5%€134k▲ 7.5%
Operating result€17k-€27k▲ 64.5%€29k▲ 5.4%€6k▼ 80.2%€14k▲ 155%
Net result€12k-€19k▲ 61.1%€20k▲ 9.4%€2k▼ 91.2%€9k▲ 417%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 155% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251k
Fixed assets
€9k▼ 31.0%
Current assets
€242k▼ 1.3%
Equity and liabilities €251k
Equity
€134k▲ 7.5%
Debt
€118k▼ 12.4%
The debt ratio falls from 51.9% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▲
2024 · €10k
Cash flow
€13k▲
2024 · €6k
Solvency
53.2%▲
2024 · 48.1%
Current ratio
12.00▲
2024 · 8.91
Quick ratio
7.04▲
2024 · 5.27
Debt / equity
0.88▼
2024 · 1.08
ROE
6.9%▲
2024 · 1.4%
ROA
3.7%▲
2024 · 0.7%
Interest coverage
6.90▲
2024 · 3.32
Debt
€118k▼
2024 · €134k
Debt ≤ 1 year
€20k▼
2024 · €28k
Debt > 1 year
€97k▼
2024 · €107k
Income taxes
€3k▲
2024 · €1k
Staff costs
€262
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€259k€251k▼
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€2k€629▼
Furniture and vehicles24€11k€8k▼
Financial fixed assets28€100€100=
Current assets29/58€245k€242k▼
Stocks and contracts in progress3€100k€100k=
Stocks30/36€100k€100k=
Amounts receivable within one year40/41€111k€114k▲
Trade receivables40€40k€39k▼
Other amounts receivable41€71k€75k▲
Cash at bank and in hand54/58€29k€28k▼
Deferred charges and accrued income490/1€6k€781▼
Equity and liabilities
Total equity and liabilities10/49€259k€251k▼
Equity10/15€124k€134k▲
Contributions10/11€19k€19k=
Reserves13€106k€106k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€104k€104k=
Profit (loss) carried forward14-€9k
Amounts payable17/49€134k€118k▼
Amounts payable after more than one year17€107k€97k▼
Financial debts170/4€107k€97k▼
Amounts payable within one year42/48€28k€20k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€2k-
Income statement
Code20242025
Remuneration, social security and pensions62-€262
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€935€768▼
Gross operating margin9900€10k€20k▲
Operating profit (loss)9901€6k€14k▲
Financial income75/76B€1€4▲
Recurring financial income75€1€4▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€3k€12k▲
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€2k€9k▲
Profit (loss) for the period to be appropriated9905€2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€9k▲
Transfer to equity691/2€2k-
To other reserves6921€2k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼91.2%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €102k ▲22.1%
5 profitable years in a row build equity to €102k.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €21k ▲5.3%
Net result €21k, the highest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Opwijk · 1 establishment unit since 2018
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.
Kerseveld 261745 OpwijkGround area
638 m²
Building footprint
186 m²
Volume, LiDAR
833 m³
Parcel 23752H0368/00E000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Glenn Verbesselt
since 20182.274.694.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752H0368/00E000 | Flanders | 638 m² | 1 · 186 m² | 7.2 m · 2 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.
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Of 671 companies in sector 90392 we hold annual accounts for 206. 162 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-03-2018
Fiscal year end31-12
Activities, NACEBEL
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
43211General electrical installation work
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.