Financials
- Fiscal year
- 2024
- Turnover
- €27,267
- Profit
- €157
- Solvency
- 18.1%
GLF GROUP
ActiveSummary
The computed 12-month bankruptcy probability of GLF GROUP is 8.4% (elevated). The 2024 annual accounts show equity of €2,157 and a net result of €157. Its solvency ranks better than 41% of 18968 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€27,267turnover 2024
- Equity
- €2,157
- Profit
- €157
Structure
- Board
- 1 member
Accounts 18 d early1 of 2 deeds read
Why 33- 1 change of registered office in 24 months- Figures for FY 2024 (filed 18-07-2025)- Founded in 2024- Sector Food and beverage service activities (NACE 56)Show the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 36% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
43
equity 18.1% of total assets
Liquidity
42
short-term debt 81.9% · cash 29.6%
Profitability
41
return on assets 1.3%
Bankruptcy probability, 12 months
8.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 4.1%
06-2025: 4.2%▲ +2.3% vs 05-2025
07-2025: 4.2%▲ +1.7% vs 06-2025
08-2025: 2.4%▼ -43.3% vs 07-2025lowest value
09-2025: 2.4%● 0.0% vs 08-2025lowest value
10-2025: 2.4%▲ +1.6% vs 09-2025
11-2025: 2.6%▲ +7.3% vs 10-2025
12-2025: 2.6%● 0.0% vs 11-2025
01-2026: 2.6%▲ +0.2% vs 12-2025
02-2026: 2.6%▼ -0.3% vs 01-2026
03-2026: 2.7%▲ +3.2% vs 02-2026
04-2026: 2.9%▲ +7.3% vs 03-2026
05-2026: 3.0%▲ +3.2% vs 04-2026
06-2026: 2.9%▼ -1.5% vs 05-2026
07-2026: 3.1%▲ +4.9% vs 06-2026
08-2026: 3.6%▲ +16.2% vs 07-2026
09-2026: 3.9%▲ +9.9% vs 08-2026
10-2026: 8.4%▲ +112% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 18-07-2025) raises the probability
- Founded in 2024 raises the probability for this profile
- Sector Food and beverage service activities (NACE 56) raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.22; short-term debt: 81.9% and cash: 29.6% of total assets), and 81.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 40%, liquidity 37%, profitability 31%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-07-2025, 18 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 18 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Appointment: Guclu Erdem (director)Registered-office move · Share transfer
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 2
- Since
- 2025
- 10-09-2026Appointment: Guclu Erdem (director)
- 13-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 12-04-2024
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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