Equity
€431,503 ▲ 163%
Equity rose in 2025 from €164,212 to €431,503.
Glic
Lifetime
17 annual accounts with figures on one time axispeak €169,363 (2011)
€102,782▲ 57.5%
lowest -€47,255 (2018)
€18,076▲ €35,644
peak €431,503 (2025)
€431,503▲ 163%
€464,224▼ 7.1%
Board2 names since 2009
2 directorsDezeure Dirk and 1 other
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €65,249 to €102,782Back to profit: €18,076Dividend €1,718Equity from €164,212 to €431,503Investments €346,326Cash from €14,755 to €39,974
Key points
from the 2025 annual accountsFilings
17 annual accounts since 2009
Ten of the last ten came late. The 2020 accounts came latest: 128 days after the end of the period.
Position in the sector
€431,503
More equity than 94% of companies in computer programming and consultancy. Sector median €69,062 · 21,212 companies.
Checked score
94
Excellent
Financially stronger than 49% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.2%▼ -0.1 percentage points vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -1.5 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.70, cash €39,974
lowers risk
Size: total assets €979,371
Figures for financial year 2025 (filed on 20-08-2026)
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 39% of them on solvency, 37% on liquidity, 26% on profitability and 94% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as Glic has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of Glic itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for Glic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.7 (0.35 in 2024), below 1. Short-term debt is 9.5% and cash 4.1% of total assets. 55.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €431,503
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
18 days late
2024
13 days late
2023
22 days late
2022
31 days late
2021
61 days late
2020
128 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 52 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 23 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
DD
Dezeure Dirk
Director, since 19-02-2009
SL
Smith Lynn
Director, since 19-02-2009
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0809947129
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
“Het verhuren van vakantiewoning(en); Het aanbieden van Welness activiteiten(onder andere massage,gebruik van…” (deed in Dutch) · Board composition: Lynn Smith (director) · Board composition: Dirk Dezeure (director) · Gazette deed
Registered office moved from Hasselt to Genk
New registered office: Kneippstraat 205 te 3600 Genk · Previous registered office: Zavelvennestraat 76 te 3500 Hasselt · Board meeting of 17-09-2018 · Gazette deed
Incorporation
published on 03-03-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Glic Genk | €1.0m | €102,782 | 44.1% | - |
| SANDERS Wim Consulting Maaseik | €1.1m | €113,021 | 22.3% | - |
| SOM Brussels | €1.0m | €98,624 | 17.5% | - |
| BUSINESS INTELLIGENCE KNOWLEDGE STREAM CONSULTING Halle | €1.0m | €100,184 | 17.3% | - |
| BORREMANS WIM Bornem | €1.0m | €96,390 | 55.1% | - |
| LIMWISE Antwerp | €1.0m | €96,810 | 82.6% | - |
| CATALIS Tournai | €1.0m | €115,307 | 84.2% | - |
These companies have the same main activity as Glic: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €951,000 and €1.1m, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 19-02-2009Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 3 others
- Establishment unit
- 2.177.165.3943600 Genk, since 19-02-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2024
Insights on Glic
Glic files the micro format. That format states no turnover. The gross margin rose from €62,706 in 2009 to €102,782 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Glic
- What is the company number of Glic?
- The company number of Glic is 0809.947.129. The VAT number is the same number with BE in front: BE 0809.947.129.
- Where is Glic based?
- The registered office is at Kneippstraat 205, 3600 Genk.Company details
- What does Glic do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Glic?
- Glic is a private limited company (BV).
- When was Glic founded?
- Glic was founded on 19-02-2009.
- Is Glic still active?
- Yes, Glic is an active enterprise in the KBO register.
- What is the turnover of Glic?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €102,782 and 42 comparable companies (NACE 62200). It probably lies between €140,000 and €200,000.Financials
- Is Glic profitable?
- In financial year 2025, Glic made a profit of €18,076.
- Where can I find the annual accounts of Glic?
- Glic filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Glic due?
- Glic must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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