GLOB-CO
InactiveInactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-08-2023, 29 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
29 d late
2021
30 d late
2020
2 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€141,226▲ 1.1%
2021 · €139,682
Total assets
€164,002▼ 4.0%
2021 · €170,857
Net result
€1,544▼ 95.8%
2021 · €36,860
Working capital
€5,719
2021 · -€4,007
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€7,602--€53,073€54,615€27,255▼ 50.1%€2,528▼ 90.7%
Net result€7,488--€53,028€54,378€36,860▼ 32.2%€1,544▼ 95.8%
Equity€101,473-€48,445▼ 52.3%€102,823▲ 112%€139,682▲ 35.8%€141,226▲ 1.1%
Total assets€126,066-€68,642▼ 45.6%€127,299▲ 85.5%€170,857▲ 34.2%€164,002▼ 4.0%
Debt€24,593-€20,197▼ 17.9%€24,476▲ 21.2%€31,174▲ 27.4%€22,776▼ 26.9%
Working capital€54,430-€14,197▼ 73.9%€79,541▲ 460%-€4,007€5,719
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2022 is 91% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €164,002
Fixed assets
€135,507 ▼ 5.7%
Current assets
€28,495 ▲ 4.9%
Equity and liabilities €164,002
Equity
€141,226 ▲ 1.1%
Debt
€22,776 ▼ 26.9%
Debt's share of the balance-sheet total falls from 18.2% to 13.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10,711▼
2021 · €43,833
Cash flow
€9,726▼
2021 · €53,438
Current ratio
1.25▲
2021 · 0.87
Debt to equity
0.16▼
2021 · 0.22
ROE
1.1%▼
2021 · 26.4%
ROA
0.9%▼
2021 · 21.6%
Interest coverage
50.52▼
2021 · 194.31
Debt ≤ 1 year
€22,776▼
2021 · €31,174
Income taxes
€772▼
2021 · €11,069
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,966 | €10,966 | €10,966 | €16,578 | €8,183 | ▼ 50.6% |
| Gross operating margin9900 | €18,567 | -€11,125 | €65,580 | €43,833 | €10,711 | ▼ 75.6% |
| Operating profit (loss)9901 | €7,602 | -€53,073 | €54,615 | €27,255 | €2,528 | ▼ 90.7% |
| Financial income75/76B | - | - | - | €20,899 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Non-recurring financial income76B | - | - | - | €20,899 | - | - |
| Financial charges65/66B | - | - | - | €226 | €212 | ▼ 6.0% |
| Recurring financial charges65 | €114 | €479 | €237 | €226 | €212 | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €7,488 | -€53,028 | €54,378 | €47,929 | €2,316 | ▼ 95.2% |
| Income taxes67/77 | - | - | - | €11,069 | €772 | ▼ 93.0% |
| Profit (loss) for the period9904 | €7,488 | -€53,028 | €54,378 | €36,860 | €1,544 | ▼ 95.8% |
| Profit (loss) for the period to be appropriated9905 | €7,488 | -€53,028 | €54,378 | €36,860 | €1,544 | ▼ 95.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €126,066 | €68,642 | €127,299 | €170,857 | €164,002 | ▼ 4.0% |
| Fixed assets21/28 | €47,042 | €34,248 | €23,282 | €143,690 | €135,507 | ▼ 5.7% |
| Intangible fixed assets21 | €34,862 | €23,897 | €12,931 | €27,440 | €19,257 | ▼ 29.8% |
| Financial fixed assets28 | €12,180 | €10,351 | €10,351 | €116,250 | €116,250 | = |
| Current assets29/58 | €79,024 | €34,394 | €104,017 | €27,167 | €28,495 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €5,462 | €103 | - | - | - | - |
| Cash at bank and in hand54/58 | €73,561 | €34,291 | €104,017 | €27,167 | €28,495 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €126,066 | €68,642 | €127,299 | €170,857 | €164,002 | ▼ 4.0% |
| Equity10/15 | €101,473 | €48,445 | €102,823 | €139,682 | €141,226 | ▲ 1.1% |
| Contributions10/11 | €110,000 | €110,000 | - | €110,000 | €110,000 | = |
| Reserves13 | - | - | - | €29,682 | €31,226 | ▲ 5.2% |
| Distributable reserves133 | - | - | - | €29,682 | €31,226 | ▲ 5.2% |
| Profit (loss) carried forward14 | -€8,527 | -€61,555 | -€7,177 | - | - | - |
| Amounts payable17/49 | €24,593 | €20,197 | €24,476 | €31,174 | €22,776 | ▼ 26.9% |
| Amounts payable within one year42/48 | €24,593 | €20,197 | €24,476 | €31,174 | €22,776 | ▼ 26.9% |
| Trade debts44 | €24,460 | €20,063 | €12,752 | €10,860 | €10,920 | ▲ 0.6% |
| Suppliers440/4 | - | - | - | €10,860 | €10,920 | ▲ 0.6% |
| Taxes, remuneration and social security45 | - | - | - | €20,117 | €11,724 | ▼ 41.7% |
| Taxes450/3 | - | - | - | €20,117 | €11,724 | ▼ 41.7% |
| Other amounts payable47/48 | - | - | - | €198 | €133 | ▼ 33.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,488 | -€53,028 | €54,378 | €36,860 | €1,544 | ▼ 95.8% |
| + Depreciation and write-downs630 | €10,966 | €10,966 | €10,966 | €16,578 | €8,183 | ▼ 50.6% |
| Operating cash flow (approximation) | €18,453 | -€42,062 | €65,343 | €53,438 | €9,726 | ▼ 81.8% |
| Investment in fixed assets (approximation) | - | €1,829 | €0 | -€136,986 | €0 | ▲ 100% |
| Change in cash | - | -€39,270 | €69,726 | -€76,850 | €1,328 | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €54,378
Net result €54,378 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 4.25
Current ratio from 1.70 to 4.25.
31-12
Financial
Equity above €100,000Eq €102,823 ▲112%
Equity rises from €48,445 to €102,823.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet -€53,028
Net result drops to -€53,028, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2022 list no shareholders, and no other source names one.
Holdings 1
-
5%
According to the 2022 annual accounts of GLOB-CO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
6994005F0LCF0ISJ2D82