Equity
-€167,138
Debts exceed assets in financial year 2025.
GLOA
Lifetime
17 annual accounts with figures on one time axispeak €45,653 (2009)
€15,694▼ 27.7%
lowest -€36,161 (2010)
-€5,145▼ €4,198
peak €6,818 (2009)
-€167,138▼ €5,145
€411,351unchanged
Board2 names since 2008
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €21,711 to €15,694Loss of €5,145
Key points
from the 2025 annual accountsLosses
-€9,285 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €72,000 estimated
The micro format states no turnover.
Debts
€411,351 168% of the balance sheet
Financial debts 16%Suppliers 5%Taxes and wages 0%Other 79%
Of this, €353,224 falls due within a year.
Filings
17 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€167,138
Less equity than 95% of companies in repair of computers and personal goods. Sector median €46,509 · 3,648 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as GLOA has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for GLOA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0896511414
Change of role: , from manager to statutory director
Appointment: (successor statutory director) · Director discharge: · General meeting of 27-12-2023 · Gazette deed
First establishment
Selfwash Gloa, Meensesteenweg 94, Kortrijk
Incorporation
published on 31-03-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLOA Kortrijk | €244,213 | €15,694 | -68.4% | - |
| All Fleet Cleaning Kortrijk | €139,947 | €13,051 | 3.6% | - |
| CAR WASH CARJU Chimay | €208,104 | €24,114 | 23.7% | - |
| Nemowash Walcourt | €213,588 | €24,345 | 21.6% | - |
| WEKA WASH Geel | €235,643 | €16,893 | -9.7% | - |
| N.P. WASH Soignies | €130,476 | €12,745 | 69.1% | - |
| SIMFLO Zwevegem | €120,119 | €9,686 | 93.8% | - |
These companies have the same main activity as GLOA: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €120,000 and €236,000, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 12-03-2008Normal situation
- Activity
- Washing and cleaning of motor vehiclesNACE 95316and 4 others
- Establishment unit
- 2.170.103.6958500 Kortrijk, since 01-07-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 02-01-2026
Insights on GLOA
GLOA files the micro format. That format states no turnover. The gross margin fell from €45,653 in 2009 to €15,694 in 2025.
The balance sheet grew most from 2010 to 2011 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GLOA
- What is the company number of GLOA?
- The company number of GLOA is 0896.511.414. The VAT number is the same number with BE in front: BE 0896.511.414.
- Where is GLOA based?
- The registered office is at Rootland 6, 8510 Kortrijk.Company details
- What does GLOA do?
- According to the KBO register, the main activity is washing and cleaning of motor vehicles (NACE 95316).
- What is the legal form of GLOA?
- GLOA is a private limited company (BV).
- When was GLOA founded?
- GLOA was founded on 12-03-2008.
- Is GLOA still active?
- Yes, GLOA is an active enterprise in the KBO register.
- What is the turnover of GLOA?
- The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €15,694 and 62 comparable companies (NACE 95316). It probably lies between €44,000 and €150,000. It is a rough estimate.Financials
- Is GLOA profitable?
- In financial year 2025, GLOA made a loss of €5,145.
- Where can I find the annual accounts of GLOA?
- GLOA filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLOA due?
- GLOA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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