GLIZZ
ActiveThe computed 12-month bankruptcy probability of GLIZZ is 2.3% (moderate). The 2025 annual accounts show equity of €14k and a net result of €-39k. Its solvency ranks better than 31% of 4544 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical▼ -26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-27
Solvency2▼-10
Growth32
Stability82
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.63 in 2024), and 96.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
3.4%
Return on assets
-9.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
70 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 73.5%
2024 · €53k
2024: €53k
2024 → 2025
Total assets
€414k▲ 5.9%
2024 · €391k
2024: €391k
2024 → 2025
Net result
€-39k
2024 · €3k
2024: €3k
2024 → 2025
Working capital
€-143k▼ 92.5%
2024 · €-75k
2024: €-75k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€53k-€14k▼ 73.5%
Operating result€10k-€-24k
Net result€3k-€-39k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €414k
Fixed assets
€337k▲ 27.4%
Current assets
€77k▼ 39.1%
Equity and liabilities €414k
Equity
€14k▼ 73.5%
Debt
€400k▲ 18.3%
The debt ratio rises from 86.5% to 96.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€41k▲
2024 · €21k
Cash flow
€26k▲
2024 · €14k
Solvency
3.4%▼
2024 · 13.5%
Current ratio
0.35▼
2024 · 0.63
Quick ratio
0.35▼
2024 · 0.63
Debt / equity
28.48▲
2024 · 6.39
ROE
-276.8%▼
2024 · 5.5%
ROA
-9.4%▼
2024 · 0.7%
Interest coverage
2.77▼
2024 · 3.01
Debt
€400k▲
2024 · €338k
Debt ≤ 1 year
€221k▲
2024 · €201k
Debt > 1 year
€166k▲
2024 · €137k
Income taxes
€171▲
2024 · €28
Staff costs
€292k▲
2024 · €37k
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€391k€414k▲
Fixed assets21/28€264k€337k▲
Intangible fixed assets21€47k€98k▲
Tangible fixed assets22/27€217k€239k▲
Plant, machinery and equipment23€71k€100k▲
Furniture and vehicles24€6k€5k▼
Leasing and similar rights25€61k€48k▼
Other tangible fixed assets26€80k€86k▲
Current assets29/58€127k€77k▼
Amounts receivable within one year40/41€83k€33k▼
Trade receivables40€68k€15k▼
Other amounts receivable41€15k€18k▲
Cash at bank and in hand54/58€29k€38k▲
Deferred charges and accrued income490/1€14k€6k▼
Equity and liabilities
Total equity and liabilities10/49€391k€414k▲
Equity10/15€53k€14k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€3k€-36k▼
Amounts payable17/49€338k€400k▲
Amounts payable after more than one year17€137k€166k▲
Financial debts170/4€137k€166k▲
Amounts payable within one year42/48€201k€221k▲
Current portion of amounts payable after more than one year42€55k€83k▲
Trade debts44€127k€69k▼
Suppliers440/4€127k€69k▼
Taxes, remuneration and social security45€14k€58k▲
Taxes450/3€8k€27k▲
Remuneration and social security454/9€6k€31k▲
Other amounts payable47/48€5k€10k▲
Accrued charges and deferred income492/3-€13k
Income statement
Code20242025
Remuneration, social security and pensions62€37k€292k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€65k▲
Other operating charges640/8€1k€933▼
Non-recurring operating charges66A-€36
Gross operating margin9900€59k€334k▲
Operating profit (loss)9901€10k€-24k▼
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€7k€15k▲
Recurring financial charges65€7k€15k▲
Profit (loss) for the period before taxes9903€3k€-39k▼
Income taxes67/77€28€171▲
Profit (loss) for the period9904€3k€-39k▼
Profit (loss) for the period to be appropriated9905€3k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-36k▼
Profit (loss) brought forward from the previous period14P-€3k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
NBB filing
Directors · office · real estate
Directors
2 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, Antwerpen · 2 establishment units since 2024
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.
Frankrijklei 1362000 AntwerpenGround area
2,036 m²
Building footprint
1,157 m²
Volume, LiDAR
11,330 m³
2 parcels, Flanders · tallest building 29.3 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Glizz
since 20242.360.331.484
Glizz
since 20252.369.090.287
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1410/00D041 | Flanders | 1,650 m² | 1 · 871 m² | 8.4 m · 2 fl. |
| 11803C0481/00K006 | Flanders | 386 m² | 1 · 286 m² | 29.3 m · 8 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
MICRO ACTIVA
BE 0876.087.073
Schaarbeek · Eq €14k
't Bjoetie-Atelierke
BE 1015.480.033
Lier · Eq €14k
EVISSA SUN
BE 0525.718.026
Charleroi · Eq €14k
LA BEAUTE DE MIMO
BE 0786.245.673
Namur · Eq €14k
S D P
BE 0543.687.869
Ninove · Eq €14k
Of 24,816 companies in sector 96220 we hold annual accounts for 1,425. 1,138 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-2024
Fiscal year end31-12
Activities, NACEBEL
96022Beauty treatment
96220Beauty care and other beauty treatments
47750Retail sale of cosmetics and toilet articles
66300Activities auxiliary to financial services and insurance activities
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
6 entriesE-mail:info@glizz.be
Website:www.glizz.be
E-mail:genk@glizz.be
Phone:089 75 75 42
E-mail:antwerpen@glizz.be
Phone:036362650