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GLIDA

Inactive KBO/BCE: BE 0474.507.865

Overview

Lifetime

14 annual accounts with figures on one time axis, 19 filings since 2002
peak €43,794 (2012)
-€6,105▼ €3,599
lowest -€44,019 (2013)
-€5,171▼ €4,320
peak €115,617 (2010)
€36,797▼ 12.3%
€2,046▼ 32.4%
Board3 names since 2021
- 
Documentsfilings and deeds
29-09-202032 days before the deadline
2020micro format
Gross margin from -€2,506 to -€6,105Loss of €5,171Equity from €41,968 to €36,797Debts from €3,027 to €2,046Cash from €316 to €92

Key points

from the 2020 annual accounts, the last ones filed

Equity

€36,797 from €115,617 in 2010

Equity fell by 68% in 10 years.

Losses

-€20,603 in five years
-2,8092016-8,4562017-3,3162018-8512019-5,1712020

Every financial year from 2016 to 2020 closed with a loss. 2017 was the heaviest.

Filings

19 annual accounts since 2002
deadline2005201020152020

Two of the last ten came late. The 2011 accounts came latest: 37 days after the end of the period.

No scoreTurnover not published (micro format)

Signals

Restart pattern 1 indication

A company was founded shortly before or after the bankruptcy of another, with a director in both or at the same registered office.

  • BankruptThis companyjudgment 05-09-2023
    FoundedBZ.BEstart date 21-12-2023

    BZ.BE was founded 3 months after the bankruptcy of this company. BHUTTA Irfan Hamid sat on both boards.

This is a pattern, not a judgment. A new start after a bankruptcy is often entirely legitimate. The facts come from the KBO register, the Belgian Official Gazette, the director data and the annual accounts at the NBB. The same name in two sets of accounts is not necessarily the same person. What the facts mean is for you to look into.

Board and ownership

BI
Director
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 11-09-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Brussels · judgment of 05-09-2023 · Bankruptcy
Registered office moved from Brussels to La Louvière New registered office: Rue Paul Leduc 27-7100 La Louvière · Previous registered office: Stalingradlaan 52-1000 Brussel · Resignation: SINGH Balwan (director) · General meeting of 01-07-2023 · Gazette deed
Registered office moved from Sint-Stevens Woluwe to Brussels New registered office: Stalingradlaan 52, 1000 Brussel · Previous registered office: Leuvensesteenweg 202, 1932 Sint-Stevens Woluwe · General meeting of 01-09-2022 · Gazette deed
All 31 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 19-04-2001 · bankruptcy closed on 11-09-2025
Activity
No activity registered in the KBO
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2020

-€6,105▼ 144%
€5,171▲ 508%
€36,797▼ 12.3%
€38,842▼ 13.7%
Filing
Filed on 29-09-2020
Financials

Insights on GLIDA

Equity fell from €115,617 in 2010 to €36,797 in 2020.

On 5 September 2023 the court declared GLIDA bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 29-09-2020, 32 days before the deadline
-€6,105
▼ €3,599
-€7,105
▼ €3,925
-
-
94.7%
▲ 1.5 percentage points
18.99
▲ 4.12

Turnover and EBIT margin are not published. The micro format does not require them.

Money flows

no detail for 2020

Balance sheet

balance sheet total €38,842 on 31-03-2020
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 38,84244,99445,17646,28955,42457,40065,20476,880107,714162,806142,346136,698125,782125,303
21/28 ---01596316251,9982,3607,74213,62317,95322,22211,459
22/27 ---0159631625-3625,74411,62517,70521,97411,211
24 ---0159631625-3625,74411,62517,70521,97411,211
28 -------1,9981,9981,9981,998248248248
29/58 38,84244,99445,17646,28955,26556,76964,57974,882105,354155,065128,723118,746103,560113,844
3 10,23610,23610,23610,23610,23610,23610,23610,23651,61697,61687,38187,38187,38187,381
30/36 10,23610,23610,23610,23610,23610,23610,23610,23651,61697,61687,38187,38187,38187,381
40/41 28,51533,90434,67135,68741,55342,51952,45456,00952,12155,82740,04017,0266,145-
40 2,2042,2042,2032,9502974,40017,27521,33917,04018,31313,5738136,145-
41 26,31131,70032,46732,73741,25638,11935,17934,66935,08137,51426,46616,212--
54/58 923162703673,4773,5261,8902,6441,6171,6211,10114,1239,82426,260
490/1 -539---488-5,994--202216210204
Balance sheet: equity and liabilities
10/49 38,84244,99445,17646,28955,42457,40065,20476,880107,714162,806142,346136,698125,782125,303
10/15 36,79741,96842,81946,13554,59157,40053,41752,11292,945101,417115,617112,487102,197102,832
10/11 75,00075,00075,00075,00075,00075,00075,00075,00075,00074,39574,39574,39574,39574,395
100 75,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,00075,000
101 ---------605605605605605
13 7,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,500
130 7,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,5007,500
14 -45,703-40,532-39,681-36,365-27,909-25,100-29,083-30,38810,44519,52233,72230,59220,30220,938
17/49 2,0463,0272,357155834-11,78724,76714,76961,38926,72924,21123,58522,470
17 ----------2,3346,1279,672-
170/4 ----------2,3346,1279,672-
42/48 2,0463,0272,357155834-11,51422,06912,25656,33424,39518,08413,91322,470
42 ---------3,6413,7933,5453,312731
43 -------5,554------
430/8 -------5,554------
44 1,8012,8322,357155240-9,81815,37611,55714,3279,7904,2344,7478,493
440/4 1,8012,8322,357155240-9,81815,37611,55714,3279,7904,2344,7478,493
45 245195--594-1,6961,1396998,36610,81210,3065,6058,262
450/3 245195--594-1,6961,1396998,36610,81210,3065,6058,262
47/48 ---------30,000--2494,984
492/3 ------2732,6992,5135,055----
Income statement
70 -------17,466-17,91142,99751,89352,342-
9900 -6,105-2,506-5,198-7,393-4,5337,7862,37115543,794-4,20310,60524,2348,67420,170
60/61 -------18,88456,89831,63636,21629,39355,702-
630 --01594724723131,7075,3825,8816,0796,0805,7185,329
631/4 -------41,38146,0004,792----
640/8 1,0006737697618426,312586983896460348348347360
66A --------175-----
9901 -7,105-3,180-5,967-8,314-5,8471,0021,472-43,916-8,484-15,3364,17817,8072,60914,481
75/76B 2,5342,6092,72483,1893,187--2,9412,7482,0908472557
75 2,5342,6092,72483,1893,187--2,9412,7482,0908472557
65/66B 84857355821391671023,0821,611305911622324
65 84857355821391671023,0821,611305911622324
9903 -4,655-656-3,316-8,361-2,7404,0491,305-44,019-8,800-14,1995,96317,7432,01214,214
67/77 516195-956967--27712,8337,4532,6487,038
9904 -5,171-851-3,316-8,456-2,8093,9821,305-44,019-9,077-14,2003,13010,290-6367,176
9905 -5,171-851-3,316-8,456-2,8093,9821,305-44,019-9,077-14,2003,13010,290-6367,176
Appropriation of the result
9906 -45,703-40,532-39,681-36,365-27,909-25,100-29,083-30,38810,44519,52233,72230,59220,30220,938
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 29-09-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2020 micro format 29-09-2020 2020-58100487 PDF
31-03-2019 micro format 19-09-2019 2019-65000052 PDF
31-03-2018 micro format 24-09-2018 2018-64200505 PDF
31-03-2017 full format 15-09-2017 2017-61000193 PDF
31-03-2016 full format 26-09-2016 2016-61700301 PDF
31-03-2015 full format 25-09-2015 2015-61900080 PDF
31-03-2014 full format 31-10-2014 2014-66300019 PDF
31-03-2013 full format 30-11-2013 2013-67800353 PDF
31-03-2012 abbreviated format 31-10-2012 2012-63000294 PDF
31-03-2011 full format 07-12-2011 2011-63200127 PDF
31-03-2010 full format 30-11-2010 2010-62300037 PDF
31-03-2009 full format 14-10-2009 2009-81500354 PDF
31-03-2008 full format 30-09-2008 2008-76800364 PDF
31-03-2007 full format 25-09-2007 2007-73900030 PDF
31-03-2006 full format 28-09-2006 2006-81400168 PDF
31-03-2005 full format 11-10-2005 2005-81802548 PDF
31-03-2004 full format 23-09-2004 2004-66101839 PDF
31-03-2003 full format 16-10-2003 2003-74400069 PDF
31-03-2002 full format 15-10-2002 2002-65200122 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20202019201820172016201520142013201220112010200920082007
---5,967-8,154-5,3751,4741,784-42,209-3,102-9,45510,25723,8878,32719,810
---3,316-8,297-2,3374,4541,617-42,311-3,696-8,3199,20916,3705,08212,505
---0004789381,345001,7501,81025,1002,497
-22446-97-3,110-501,637-7551,028-5521-13,0224,299-16,436-
36,79741,96842,81946,13454,431-53,06552,81393,09898,730104,328100,66289,64791,374
----------85.6%9.7%34.3%5.0%-
94.7%93.3%94.8%99.7%98.5%100.0%81.9%67.8%86.3%62.3%81.2%82.3%81.2%82.1%
18.9914.8719.16-66.28-5.613.398.602.755.286.577.445.07
13.9811.4814.82-54.01-4.722.934.381.021.691.731.161.18
0.060.070.060.000.02-0.220.480.160.610.230.220.230.22
-14.1%-2.0%-7.7%-18.3%-5.1%6.9%2.4%-84.5%-9.8%-14.0%2.7%9.1%-0.6%7.0%
-13.3%-1.9%-7.3%-18.3%-5.1%6.9%2.0%-57.3%-8.4%-8.7%2.2%7.5%-0.5%5.7%
-------446 days-373 days115 days6 days43 days-
-------297 days74 days165 days99 days53 days31 days-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on GLIDA

The operating result for 2020 is a loss of €7,105, larger than the loss of €3,180 in 2019. It is the lowest result since 2017.

Debt's share of the balance-sheet total falls from 6.7% to 5.3%. Equity and debt are lower.

Board & ownership

Curator

1 mandate
Curator, Kunstlaan 24 Bus 9A, 1000 Brussel 1
from 05-09-2023 to 11-09-2025
Also on 181 other cases

Last board

1 director, last change in 2023
Director
appointed by deed of 21-08-2023
also on the board of 18 other companies
15 other companies bankrupt, 2 judicially dissolved, 1 struck off

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
SINGH Balwan
Director
BoardEarliermandate already running before its first mentionBankruptcy 05-09-2023
Mandates as a list
  • BHUTTA Irfan Hamid
    • Director, appointed by deed of 21-08-2023, until the bankruptcy of 05-09-2023
  • SINGH Balwan
    • Director, appointed by deed of 12-11-2021, until 21-08-2023
  • KAUFMANN Marcel
    • Director, until 12-11-2021

See the board, name and registered office on a given date →

Control

This company
GLIDA
Equity €36,797
Loss €5,171 in 2020

Capital

Capital
€75,000
Source
2020 annual accounts

Shareholders

The directors' other companies

1 last director with another company that went bankrupt, was dissolved or struck off

15 other companies of this director went bankrupt (2024, 2025, 2026), 2 were judicially dissolved (2024, 2026) and 1 was struck off by the FPS Economy (2024).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

No group

GLIDA has no parent and no holdings in its annual accounts. BHUTTA Irfan Hamid is the only director.

Connections & network

18 connected companies
Linked via shared directors
POLLO ROJO
via BHUTTA Irfan Hamid · Director · deed of 02-02-2024
Open bankruptcy · founded in 2018 · 3.9 FTE (2022)
→
BRUSSEL SHOP
via BHUTTA Irfan Hamid · Director · deed of 19-09-2024
Open bankruptcy · founded in 2019 · total assets €471,648 (2022)
→
Kenza Angel
via BHUTTA Irfan Hamid · Director · deed of 09-04-2024
Open bankruptcy · founded in 2018 · turnover €152,273 (2022)
→
HAREEM
via BHUTTA Irfan Hamid · Director · deed of 13-12-2023
Bankrupt · turnover €88,398 (2020)
→
Show 14 more companies with a shared director
SHOP MASTERS
via BHUTTA Irfan Hamid · Director · deed of 06-02-2024
Open bankruptcy · founded in 2020 · total assets €78,975 (2021)
→
BEST WAY TRADING
via BHUTTA Irfan Hamid · Director · deed of 08-10-2024
Open bankruptcy · founded in 2021 · total assets €78,850 (2022)
→
ARIFA
via BHUTTA Irfan Hamid · Director · deed of 29-11-2023
Bankrupt · total assets €62,765 (2022)
→
HEJRAT
via BHUTTA Irfan Hamid · Director · deed of 01-10-2024
Open bankruptcy · founded in 2016 · 0.4 FTE (2021)
→
TRADE BRUSSELS INTERNATIONAL
via BHUTTA Irfan Hamid · Director · deed of 02-01-2024
Open bankruptcy · founded in 2019 · total assets €25,080 (2022)
→
WALPA
via BHUTTA Irfan Hamid · Director · deed of 11-01-2024
Open bankruptcy · founded in 1988 · total assets €24,861 (2022)
→
CENTRAL CAR WASH
via BHUTTA Irfan Hamid · Director · deed of 08-10-2024
Open bankruptcy · founded in 1994 · turnover €8,084 (2021)
→
DARIA BELGIUM
via BHUTTA Irfan Hamid · Director · deed of 02-02-2024
Bankrupt · total assets €1,026 (2022)
→
AMARKHEL KHAN
via BHUTTA Irfan Hamid · Director · deed of 13-11-2023
Open bankruptcy
→
BZ.BE
via BHUTTA Irfan Hamid · Director · deed of 31-01-2025
Open bankruptcy · founded in 2023
→
FRESH FOODS
via BHUTTA Irfan Hamid · Director · deed of 05-12-2023
Open bankruptcy · founded in 2023
→
RATHORE
via BHUTTA Irfan Hamid · Director · deed of 02-04-2025
Open bankruptcy · founded in 2022
→
CM DESIGN GROUP
via BHUTTA Irfan Hamid · Director · deed of 13-09-2024
No longer active · founded in 2017 · total assets €6,632 (2023)
→
SEHR
via BHUTTA Irfan Hamid · Director · deed of 06-03-2024
No longer active
→

Timeline

Timeline

31 events since 2001
2025
Bankruptcy closure (insufficient assets) Enterprise Court of Brussels · judgment of 11-09-2025
2023
Bankruptcy published Enterprise Court of Brussels · judgment of 05-09-2023
Registered office moved from Brussels to La LouvièreNew registered office: Rue Paul Leduc 27-7100 La Louvière · Previous registered office: Stalingradlaan 52-1000 Brussel · Resignation: SINGH Balwan (director) · General meeting of 01-07-20238 points ▸

Open the deed in the Belgian Official Gazette

2022
Registered office moved from Sint-Stevens Woluwe to BrusselsNew registered office: Stalingradlaan 52, 1000 Brussel · Previous registered office: Leuvensesteenweg 202, 1932 Sint-Stevens Woluwe · General meeting of 01-09-20222 points ▸
  • General meeting, 01-09-2022
  • Registered-office move, Stalingradlaan 52, 1000 Brussel

Open the deed in the Belgian Official Gazette

Registered office moved from Zaventem to Sint-Stevens WoluweNew registered office: Leuvensesteenweg 202, 1932 Sint-Stevens Woluwe · Previous registered office: Lozenberg 15 Bte 3023, 1932 Zaventem · General meeting of 01-03-20222 points ▸
  • General meeting, 01-03-2022
  • Registered-office move, Leuvensesteenweg 202, 1932 Sint-Stevens Woluwe

Open the deed in the Belgian Official Gazette

2021
Registered office moved to ZaventemNew registered office: Lozenberg 15 Bte 3023, 1932 Zaventem · Appointment: BALWAN Singh (director) · Resignation: KAUFMANN Marcel (director) · General meeting of 29-10-20216 points ▸
  • General meeting, 29-10-2021
  • Registered office clause, Zevenbunderslaan 186, 1190 Vorst
  • Director appointment, BALWAN Singh
  • Director resignation, KAUFMANN Marcel
  • Director discharge, KAUFMANN Marcel
  • Registered-office move, Lozenberg 15 Bte 3023, 1932 Zaventem

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2020 filed PDFmicro format · 32 days before the deadline
2019
Annual accounts 2019 filed PDFmicro format · 42 days before the deadline
2018
Annual accounts 2018 filed PDFmicro format · 37 days before the deadline
2017
Annual accounts 2017 filed PDFfull format · 46 days before the deadline
Liquidity more than quadruples current ratio 299.06 The current ratio rises from 66.28 to 299.06. Short-term debt falls from €834 to €155.
2016
Annual accounts 2016 filed PDFfull format · 35 days before the deadline
2015
Annual accounts 2015 filed PDFfull format · 36 days before the deadline
2014
Annual accounts 2014 filed PDFfull format · on the deadline day
Back to profit net €1,305 The net result is €1,305, after 3 loss-making years.
2013
Annual accounts 2013 filed PDFfull format · 30 days late
Weakest financial year net -€44,019 The net result drops to -€44,019, the lowest from 2007 to 2020.
2012
Annual accounts 2012 filed PDFabbreviated format · on the deadline day
Liquidity more than triples current ratio 8.60 The current ratio rises from 2.75 to 8.60. Short-term debt falls from €56,334 to €12,256.
2011
Annual accounts 2011 filed PDFfull format · 37 days late
2010
Annual accounts 2010 filed PDFfull format · 30 days late
2009
Annual accounts 2009 filed PDFfull format · 17 days before the deadline
Back to profit net €10,290 The net result is €10,290, after one loss-making year.
2008
Annual accounts 2008 filed PDFfull format · 31 days before the deadline
2007
Annual accounts 2007 filed PDFfull format · 36 days before the deadline
2006
Annual accounts 2006 filed PDFfull format · 33 days before the deadline
2005
Annual accounts 2005 filed PDFfull format
2004
Annual accounts 2004 filed PDFfull format
2003
Annual accounts 2003 filed PDFfull format
2002
Annual accounts 2002 filed PDFfull format
2001
Incorporation 18 publications in the Belgian Official Gazette, the last on 12-09-2023

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Since 2021 the registered office has moved 4 times, most recently to La Louvière in 2023.12 GLIDA has filed 19 sets of annual accounts, the latest for financial year 2020.3 The company was declared bankrupt on 5 September 2023. The bankruptcy was closed on 11 September 2025.45

  1. 1Belgian Official Gazette, 12-11-2021
  2. 2Belgian Official Gazette, 21-08-2023
  3. 3National Bank, annual accounts 2020
  4. 4Belgian Official Gazette, 12-09-2023
  5. 5Belgian Official Gazette, 18-09-2025

Company details

Inactive

GLIDA is no longer in the KBO register.

Last annual accounts
financial year to 31 March 2020
Last registered office
Stalingradlaan 52, 1000 Brusselas published on 21 August 2023
Legal form
Public limited company
First annual accounts
financial year 2002
Official KBO record