Financials
- Financial year
- 2025
- Total assets
- €142,397
- Profit
- €17,340
- Solvency
- 60.0%
Total assets▼ 9.2%
Net result
20232025
GLIM
ActiveSummary
GLIM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,474 and a net result of €17,340. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 76% of 16,824 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€142,397total assets 2025
- Staff
- 5.3 FTE
- Equity
- €85,474
- Profit
- €17,340
Turnover not published (micro format)
Structure
2025 accounts 9 days early1 deed in the Belgian Official Gazette
Why 70raises riskSector: Food and beverage service activities (NACE 56)Founded in 2023lowers riskLiquidity: current ratio 2.24, cash €103,517Equity €85,474 (60.0% of total assets)Show the evidence
Checked score
Score 2025
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 75% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency
85+17
equity 60.0% of total assets
Liquidity
81+10
short-term debt 40.0% · cash 72.7%
Profitability
84-16
return on assets 12.2%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.1%▼ -0.2 percentage points vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.2%▲ +0.1 percentage points vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 1.0%▼ -0.4 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 0.8%▼ -0.2 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▼ -0.2 percentage points vs 07-2026lowest value
09-2026: 0.8%● unchanged vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.24, compared with 1.61 in 2024, above the usual 1.5; short-term debt: 40% and cash: 72.7% of total assets), and 40% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 76% on solvency, 84% on liquidity, 71% on profitability and 70% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
9 days early
2024
3 days early
2023
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 7 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% 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 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €17,340 ▼55.3%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 5
- Since
- 2024
- Next accounts
- by 31-07-2027
- 31-12-2024Highest result from 2023 to 2025
- 22-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 21-03-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about GLIM
- What is the company number of GLIM?
- 0799.728.871. In Belgium the VAT number is the company number with BE in front: BE 0799.728.871.
- Where is GLIM based?
- The registered office is at Minderbroedersstraat 5, 3500 Hasselt.Company details
- What does GLIM do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of GLIM?
- Private limited company (BV).
- When was GLIM founded?
- On 21-03-2023.
- Is GLIM still active?
- Yes, GLIM is an active enterprise in the KBO register.
- How many employees does GLIM have?
- On average 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GLIM?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is GLIM profitable?
- In financial year 2025, GLIM made a profit of €17,340.
- Where can I find the annual accounts of GLIM?
- GLIM filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLIM due?
- By 31-07-2027, for financial year 2026.Timeline
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