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GLIMO

Active
Public limited companyfounded 199926 yrs activeKiezelstraat(Kl. Gel.) 22, 3870 Heers, BelgiumKBO/BCE: BE 0467.374.605

GLIMO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205k and a net result of €-68k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
47 / 100
Fair▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency64▼-11
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.73 in 2024), and 80.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.7%
Return on assets
-6.5%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€68k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31527 sector peers (2025).
NBB · sector comparison
Position among 31527 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-10-2025, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
24 d early
2023
27 d early
2022
28 d early
2021
34 d early
2020
25 d early
2019
24 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€205k▼ 24.9%
2024 · €273k
2019: €290k 2020: €189k 2021: €23k 2022: €1k 2023: €-177k 2024: €273k
2019 → 2025
Total assets
€1.04M▼ 8.0%
2024 · €1.14M
2019: €1.25M 2020: €1.11M 2021: €940k 2022: €895k 2023: €716k 2024: €1.14M
2019 → 2025
Net result
€-68k▼ 42.1%
2024 · €-48k
2019: €28k 2020: €82k 2021: €18k 2022: €-22k 2023: €5k 2024: €-48k
2019 → 2025
Working capital
€82k▼ 41.0%
2024 · €140k
2019: €68k 2020: €142k 2021: €175k 2022: €147k 2023: €354k 2024: €140k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€23k-€1k▼ 95.1%€-177k€273k€205k▼ 24.9%
Operating result€56k-€17k▼ 70.2%€43k▲ 161%€23k▼ 47.6%€-30k
Net result€18k-€-22k€5k€-48k€-68k▼ 42.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €56k€56kNet result 2021: €18k€18kOperating result 2022: €17k€17kNet result 2022: €-22k€-22kOperating result 2023: €43k€43kNet result 2023: €5k€5kOperating result 2024: €23k€23kNet result 2024: €-48k€-48kOperating result 2025: €-30k€-30kNet result 2025: €-68k€-68k20212022202320242025
The operating result turns negative in 2025: a loss of €30k after €23k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets €777k▼ 3.4%
Current assets €267k▼ 19.3%
Equity and liabilities €1.04M
Equity €205k▼ 24.9%
Provisions €654k▼ 2.4%
Debt €185k▼ 3.6%
The debt ratio rises from 16.9% to 17.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-3k
2024 · €57k
Cash flow
€-41k
2024 · €-14k
Solvency
19.7%
2024 · 24.1%
Current ratio
1.45
2024 · 1.73
Quick ratio
1.45
2024 · 1.73
Debt / equity
0.90
2024 · 0.70
ROE
-33.2%
2024 · -17.5%
ROA
-6.5%
2024 · -4.2%
Interest coverage
-0.08
2024 · 1.48
Debt
€185k
2024 · €191k
Debt ≤ 1 year
€185k
2024 · €191k
Income taxes
€281
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.14M€1.04M
Fixed assets21/28€804k€777k
Tangible fixed assets22/27€804k€777k
Land and buildings22€801k€775k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€286-
Current assets29/58€331k€267k
Amounts receivable within one year40/41€197k€133k
Trade receivables40€67k€2k
Other amounts receivable41€129k€131k
Cash at bank and in hand54/58€134k€134k
Deferred charges and accrued income490/1€319-
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.04M
Equity10/15€273k€205k
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Revaluation surpluses12€498k€498k=
Profit (loss) carried forward14€-350k€-418k
Provisions and deferred taxes16€670k€654k
Provisions for liabilities and charges160/5€670k€654k
Pensions and similar obligations160€670k€654k
Amounts payable17/49€191k€185k
Amounts payable within one year42/48€191k€185k
Financial debts43€30-
Credit institutions430/8€30-
Trade debts44€722€307
Suppliers440/4€722€307
Taxes, remuneration and social security45€266€281
Taxes450/3€266€281
Other amounts payable47/48€190k€184k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€27k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-16k€-16k
Other operating charges640/8€6k€5k
Gross operating margin9900€62k€-14k
Operating profit (loss)9901€23k€-30k
Financial income75/76B€5€697
Recurring financial income75€5€697
Financial charges65/66B€38k€38k=
Recurring financial charges65€38k€38k=
Profit (loss) for the period before taxes9903€-15k€-68k
Income taxes67/77€33k€281
Profit (loss) for the period9904€-48k€-68k
Profit (loss) for the period to be appropriated9905€-48k€-68k
Appropriation of the result
Profit (loss) to be appropriated9906€-350k€-418k
Profit (loss) brought forward from the previous period14P€-302k€-350k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
07-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €-68k
Net result drops to €-68k, the lowest in the series.
2024
07-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Equity above €200kEq €273k
Equity rises from €-177k to €273k.
2023
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
31-03
Financial Liquidity times 10current ratio 17.09
Current ratio from 1.76 to 17.09; short-term debt falls from €193k to €22k.
2022
03-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
06-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Highest result since 2019net €82k ▲195%
Operating result €120k, net result €82k, both a record.
2019
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
01-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heers · 1 establishment unit since 2000
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kiezelstraat(Kl. Gel.) 223870 Heers
Ground area
4,813 m²
Building footprint
467 m²
Volume, LiDAR
1,188 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hannuitstraat 5, 3890 Gingelom
Air transport
since 20002.115.696.989
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73038A0490/00H000 Flanders 3,221 m² 1 · 292 m² -
71040C0107/00T002 Flanders 1,592 m² 1 · 175 m² 9.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 39,656 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded22-11-1999
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.