GLEZICAD

Active

Private limited companyfounded 20206 yrs activeFrankenweg 70, 2500 Lier, BelgiumKBO/BCE: BE 0748.991.042

The computed 12-month bankruptcy probability of GLEZICAD is 3.6% (moderate). The 2025 annual accounts show equity of €8k and a net result of €24k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 33% of 13061 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

53 / 100

Fair▼ -7 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency17▼-13

Growth58▼-20

Stability100

Bankruptcy probability, 12 months

3.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.94 against 1.01 in 2024), and 89.6% 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.

+raises risk○neutral

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

16 d late

2024

9 d early

2023

29 d late

2022

7 d early

2021

4 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close14-09-2026 today31-01-2027 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 2025, micro schema

Equity

€8k▼ 40.2%

2024 · €14k

2021: €11k 2022: €16k 2023: €26k 2024: €14k

2021 → 2025

Total assets

€81k▲ 26.4%

2024 · €64k

2021: €61k 2022: €70k 2023: €53k 2024: €64k

2021 → 2025

Net result

€24k▲ 169%

2024 · €9k

2021: €8k 2022: €6k 2023: €12k 2024: €9k

2021 → 2025

Working capital

€-3k

2024 · €239

2021: €-22k 2022: €-10k 2023: €10k 2024: €239

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€11k-€16k▲ 42.6%€26k▲ 65.4%€14k▼ 45.8%€8k▼ 40.2%

Operating result€11k-€10k▼ 9.3%€17k▲ 79.7%€14k▼ 22.0%€30k▲ 122%

Net result€8k-€6k▼ 17.7%€12k▲ 88.9%€9k▼ 24.4%€24k▲ 169%

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 122% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €81k

47.0%

53.0%

Fixed assets €38k▲ 9.9%

Current assets €43k▲ 45.8%

Equity and liabilities €81k

10%

89.6%

Equity €8k▼ 40.2%

Debt €73k▲ 45.2%

The debt ratio rises from 78.0% to 89.6%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€44k▲

2024 · €28k

Cash flow

€38k▲

2024 · €24k

Solvency

10.4%▼

2024 · 22.0%

Current ratio

0.94▼

2024 · 1.01

Quick ratio

0.85▼

2024 · 0.89

Debt / equity

8.59▲

2024 · 3.54

ROE

286.6%▲

2024 · 63.7%

ROA

29.9%▲

2024 · 14.0%

Interest coverage

35.49▲

2024 · 30.88

Debt

€73k▲

2024 · €50k

Debt ≤ 1 year

€46k▲

2024 · €29k

Debt > 1 year

€27k▲

2024 · €21k

Income taxes

€5k▲

2024 · €4k

Staff costs

€8k▲

2024 · €4k

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€64k€81k▲

Fixed assets21/28€35k€38k▲

Intangible fixed assets21€4k-

Tangible fixed assets22/27€31k€38k▲

Land and buildings22€978€478▼

Plant, machinery and equipment23€430€1k▲

Furniture and vehicles24€13k€10k▼

Leasing and similar rights25€17k€27k▲

Current assets29/58€30k€43k▲

Stocks and contracts in progress3€4k€4k▲

Stocks30/36€4k€4k▲

Amounts receivable within one year40/41€10k€19k▲

Trade receivables40€9k€18k▲

Other amounts receivable41€817€2k▲

Cash at bank and in hand54/58€15k€18k▲

Deferred charges and accrued income490/1€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€64k€81k▲

Equity10/15€14k€8k▼

Contributions10/11€5k€5k=

Reserves13€9k€3k▼

Distributable reserves133€9k€3k▼

Amounts payable17/49€50k€73k▲

Amounts payable after more than one year17€21k€27k▲

Financial debts170/4€21k€27k▲

Amounts payable within one year42/48€29k€46k▲

Current portion of amounts payable after more than one year42€6k€8k▲

Trade debts44€10k€6k▼

Suppliers440/4€10k€6k▼

Taxes, remuneration and social security45€4k€2k▼

Taxes450/3€4k€353▼

Remuneration and social security454/9-€2k

Other amounts payable47/48€10k€30k▲

Income statement Code20242025

Remuneration, social security and pensions62€4k€8k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼

Other operating charges640/8€1k€1k▼

Non-recurring operating charges66A-€5k

Gross operating margin9900€34k€58k▲

Operating profit (loss)9901€14k€30k▲

Financial income75/76B€75€43▼

Recurring financial income75€75€43▼

Financial charges65/66B€909€1k▲

Recurring financial charges65€909€1k▲

Profit (loss) for the period before taxes9903€13k€29k▲

Income taxes67/77€4k€5k▲

Profit (loss) for the period9904€9k€24k▲

Profit (loss) for the period to be appropriated9905€9k€24k▲

Appropriation of the result

Profit (loss) to be appropriated9906€9k€24k▲

Transfer from equity791/2€12k€6k▼

Profit to be distributed694/7€21k€30k▲

Return on contributions (dividend)694€15k€20k▲

Directors or managers695€6k€10k▲

The notes to these accounts (12 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 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

16-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 16 days late

2025

30-06

Financial Highest result since 2021net €24k ▲169%

Operating result €30k, net result €24k, both a record.

22-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

29-02

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

30-06

Financial Liquidity doublescurrent ratio 1.62

Current ratio from 0.76 to 1.62; short-term debt falls from €41k to €16k.

24-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-06

Financial Weakest financial yearnet €6k ▼17.7%

Net result drops to €6k, the lowest in the series; recovery starts the following year.

04-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 4 days late

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, Lier · 1 establishment unit since 2020

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.

Frankenweg 702500 Lier

Ground area

645 m²

Building footprint

237 m²

Volume, LiDAR

1,305 m³

2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

De Knapzak

Antwerpsesteenweg 205, 2500 LierLimited-service restaurants, excluding mobile food services

since 20202.303.829.281

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12392A0786/00Z002	Flanders	394 m²	1 · 157 m²	10.7 m · 1 fl.
12393F0315/00G003	Flanders	251 m²	1 · 80 m²	12.2 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Lier2.303.829.281

1 permission

Toelating · Eetgelegenheid · since 13-07-2020

Similar companies · same sector, comparable size

Of 21,633 companies in sector 56112 we hold annual accounts for 9,660. 6,412 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-06-2020

Fiscal year end30-06

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.