GLIM SERVICE
ActiveSummary
GLIM SERVICE has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €526,660 and a net result of €88,231. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 14% of 335 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Official details
Source: KBO- Status
- Active since 30-04-2010 Normal situation
- Activity
- Manufacture of other builders' carpentry and joinery NACE 16230and 3 others
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-12-2022
- Establishment unit
- 2.187.465.311 3740 Bilzen-Hoeselt, since 05-05-2010
- Financial year end
- 30 December
- Peppol
- Reachable since 23-09-2025
Board and ownership
- CRUVER BVDirector · since 19-02-2020
- Vervalle KurtDirector
- Angelo Cruysberghs50%annual accounts 30-12-2024
- Kurt Vervalle50%annual accounts 30-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €1.9m
- ▲ 19.8%
- Turnover
- ≈ €3.3m
- estimated
- Profit
- €88,231
- ▲ 3.3%
- Equity
- €526,660
- ▲ 0.7%
- Total assets
- €5.7m
- ▲ 4.4%
- Employees on 30-12-2025
- 22
- ▲ 15.8%
- 2025 accounts filed 56 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.98, cash €204,186Equity €526,660 (9.3% of total assets)Last filed accounts filed 56 days late; 1 of the last 3 accounts latelowers riskFounded in 2010Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 16, small). It does better than 7% of them on solvency, 24% on liquidity, 35% on profitability and 41% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: Vervalle Kurt (director)Permanent representative: Cruysberghs Angelo
- · Gazette deed Registered office moved from Zutendaal to BilzenPermanent representative: Cruysberghs Angelo
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GLIM SERVICE: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €2.6m and €10m, founded between 1993 and 2012.
| Company | Total assets | Gross margin |
|---|---|---|
| GLIM SERVICE Bilzen-Hoeselt | €5.7m | €1.9m |
| RAMEN DEDECKER Roeselare | €5.5m | €2.2m |
| GEEDECO Oosterzele | €4.0m | €2.3m |
| DUPAC Bocholt | €10.3m | €3.2m |
| HESTIA Houtatelier Kortrijk | €2.6m | €2.0m |
| ANOHID Kortrijk | €3.3m | €1.7m |
| STEVENS HOUTTECHNIEK Sint-Truiden | €3.5m | €2.0m |
Key facts about GLIM SERVICE
- What is the company number of GLIM SERVICE?
- The company number of GLIM SERVICE is 0825.526.913. The VAT number is the same number with BE in front: BE 0825.526.913.
- Where is GLIM SERVICE based?
- The registered office is at Twaalfbunderweg 10, 3740 Bilzen-Hoeselt.Company details
- What does GLIM SERVICE do?
- According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
- What is the legal form of GLIM SERVICE?
- The legal form of GLIM SERVICE is Private limited company (BV).
- When was GLIM SERVICE founded?
- GLIM SERVICE was founded on 30-04-2010.
- Is GLIM SERVICE still active?
- Yes, GLIM SERVICE is an active enterprise in the KBO register.
- How many employees does GLIM SERVICE have?
- GLIM SERVICE had an average of 20.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does GLIM SERVICE fall under?
- In its 30-12-2022 annual accounts, GLIM SERVICE states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of GLIM SERVICE?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.9m and 1,584 comparable companies of the same size. It probably lies between €2.3m and €5.5m. It is a rough estimate.
- Is GLIM SERVICE profitable?
- In financial year 2025, GLIM SERVICE made a profit of €88,231.
- Where can I find the annual accounts of GLIM SERVICE?
- GLIM SERVICE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLIM SERVICE due?
- GLIM SERVICE must file the annual accounts for financial year 2026 by 30-07-2027.Timeline
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