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GLINEUR

Active
Private limited companyfounded 198837 years activeRue Neuve 81, 7090 Braine-le-Comte, BelgiumKBO/BCE: BE 0436.100.914
Summary

GLINEUR has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,750 and a net result of -€10,272. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 22,078 sector peers (NACE 47, fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Retail sale of newspapers and periodicals
NACE 47621
1 site
Size
€677,508turnover 2025
Equity
€30,750
Loss
-€10,272
Financial health
69 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.6%
Structure
Accounts filed 13 days late0 of 1 deed read
Why 69- Loss of €10,272 (FY 2025)- Sector Retail trade (NACE 47)+ Founded in 1988+ Liquidity: current ratio 1.12, cash €19,190Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency 57-5
equity 31.9% of total assets
Liquidity 46-6
short-term debt 56.4% · cash 19.9%
Profitability 13-32
return on assets -10.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.3 in 2024; short-term debt: 56.4% and cash: 19.9% of total assets), and 68.1% of the assets are financed with debt.
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 47, micro): better than 47% on solvency, 45% on liquidity, 18% on profitability and 17% on growth.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk○neutral
raises risk · Loss of €10,272 (FY 2025)
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
KBO
lowers risk · Founded in 1988
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.12, cash €19,190
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
20 days late
2023
27 days early
2022
on the day
2021
30 days late
2020
17 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 18% on net resultsector median €5,036 · 22,057 companies -€10,272 View
  • Active since 1988founded 19-12-1988 37 years View
  • Turnover 2025first fiscal year filed €677,508 View

By topic

Financials

Fiscal year
2025
Turnover
€677,508
Loss
-€10,272
Solvency
31.9%
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 31-07-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 30-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of newspapers and periodicalsNACE 47621
Founded
19-12-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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