Equity
€79,451 ▲ 11.3%
GLOBAFINANCE has made a profit without a break since 2018.
GLOBAFINANCE
Overview
Lifetime
8 annual accounts with figures on one time axispeak €44,579 (2020)
€12,436▼ 61.2%
lowest -€19,069 (2017)
€8,094▼ 59.7%
peak €79,451 (2023)
€79,451▲ 11.3%
€54,082▲ 9.7%
Board1 name since 2015
1 directorPAIS Elias Ralph
Documentsfilings and deeds
08-10-2025434 days late
2023micro format
Gross margin from €32,014 to €12,436Result from €20,065 to €8,094Resignation: PAIS Elias Ralph (manager) 20-10
Key points
from the 2023 annual accountsFilings
8 annual accounts 464 days past the deadline
2024 accounts not filed: deadline was 31-07-2025.
At the same address
178 companies
2023 figures too old to score
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
11.1% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 7.2%
01-2025: 7.2%● unchanged vs 12-2024
02-2025: 7.2%● unchanged vs 01-2025
03-2025: 7.1%▼ -0.1 percentage points vs 02-2025
04-2025: 7.1%● unchanged vs 03-2025
05-2025: 7.4%▲ +0.3 percentage points vs 04-2025
06-2025: 7.3%▼ -0.1 percentage points vs 05-2025
07-2025: 7.3%● unchanged vs 06-2025
08-2025: 9.1%▲ +1.8 percentage points vs 07-2025
09-2025: 8.7%▼ -0.4 percentage points vs 08-2025
10-2025: 8.7%● unchanged vs 09-2025
11-2025: 6.5%▼ -2.2 percentage points vs 10-2025lowest value
03-2026: 9.6%
04-2026: 8.8%▼ -0.8 percentage points vs 03-2026
05-2026: 8.9%▲ +0.1 percentage points vs 04-2026
06-2026: 8.9%● unchanged vs 05-2026
07-2026: 9.0%▲ +0.1 percentage points vs 06-2026
08-2026: 11.2%▲ +2.2 percentage points vs 07-2026highest value
09-2026: 11.2%● unchanged vs 08-2026highest value
10-2026: 11.1%▼ -0.1 percentage points vs 09-2026
11-2026: 11.1%● unchanged vs 10-2026
Financial strength, FY 2023Strong
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 8 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline07-11-2026 today
raises risk · 2023 accounts filed 434 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-10-2025, 434 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
434 days late
2022
631 days late
2020
152 days late
2019
122 days late
2018
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 262 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Recent changes
Bankruptcy reversal
French-language Enterprise Court of Brussels · judgment of 19-01-2026 · Bankruptcy
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597610565
Bankruptcy published
French-language Enterprise Court of Brussels · judgment of 27-10-2025 · Bankruptcy
Resignation: PAIS Elias Ralph (manager)
Reappointment: PAIS Elias Ralph (director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLOBAFINANCE Ixelles | €133,533 | €12,436 | 59.5% | - |
| YUNITY Brussels | €125,181 | €10,460 | 22.8% | - |
| CHVC Dilbeek | €125,276 | €13,470 | 39.0% | - |
| SIMARGEST Gerpinnes | €124,504 | €11,667 | 97.0% | - |
| GNOMIXX Merelbeke-Melle | €166,244 | €14,374 | 69.2% | - |
| S.E.L. Services Center Aiseau-Presles | €105,541 | €13,135 | -0.7% | - |
| MILLA Ixelles | €173,883 | €7,907 | 69.6% | - |
These companies have the same main activity as GLOBAFINANCE: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €106,000 and €174,000, founded between 2012 and 2015.
Official details
Source: KBO- Status
- Active since 03-02-2015Normal situation
- Registered office
- 180 active companies are registered at this address13 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Office administrative and support servicesNACE 82100and 2 others
- Establishment unit
- 2.239.038.4291050 Brussels, since 03-02-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2026
Annual accounts 2023
- €12,436▼ 61.2%
- ≈ €67,000estimated
- €8,094▼ 59.7%
- €79,451▲ 11.3%
- €133,533▲ 10.7%
- Filing
- Filed on 08-10-2025
Insights on GLOBAFINANCE
GLOBAFINANCE files the micro format. That format states no turnover. The gross margin rose from -€1,196 in 2015 to €12,436 in 2023.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2023
micro format, filed on 08-10-2025, 434 days late2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 7 November 2026.
€12,436
▼ 61.2%
€12,436
▼ 56.8%
€8,094
▼ 59.7%
€79,451
▲ 11.3%
59.5%
▲ 0.4 percentage points
2.47
▲ 0.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €67,000. Estimated: probably between €40,000 and €120,000.
Balance sheet
balance sheet total €133,533 on 31-12-2023What the company ownsHow it is paid for
in euro
Position in the sector
59.5%
Higher than 60% of 8,497 companies in 2023.
2.47
Higher than 60% of 8,129 companies in 2023.
6.1%
Higher than 43% of 8,224 companies in 2023.
GLOBAFINANCE
Middle half of the sector
80% of the sector
Micro accounts in office administrative support (NACE 82)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
133,533 | 120,642 | 185,462 | 119,926 | 12,203 | 3,719 | 21,397 | 20,024 | |
20 |
- | - | - | - | - | - | 0 | 0 | |
21/28 |
- | - | 386 | 771 | - | - | - | - | |
22/27 |
- | - | 386 | 771 | - | - | - | - | |
24 |
- | - | 386 | 771 | - | - | - | - | |
29/58 |
133,533 | 120,642 | 185,076 | 119,154 | 12,203 | 3,719 | 21,397 | 20,024 | |
29 |
- | - | 125,000 | - | - | - | - | - | |
291 |
- | - | 125,000 | - | - | - | - | - | |
40/41 |
133,533 | 116,145 | 58,456 | 119,154 | 1,222 | - | 20,599 | 18,852 | |
40 |
28,152 | 25,878 | 48,772 | 44,678 | 1,222 | - | - | - | |
41 |
105,381 | 90,267 | 9,684 | 74,476 | - | - | 20,599 | 18,852 | |
54/58 |
- | 4,496 | 1,620 | - | 10,982 | 3,719 | 798 | 1,172 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
133,533 | 120,642 | 185,462 | 119,926 | 12,203 | 3,719 | 21,397 | 20,024 | |
10/15 |
79,451 | 71,356 | 25,369 | 9,559 | 2,562 | 1,643 | 20,712 | 19,782 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
11 |
- | - | 20,000 | - | - | - | - | - | |
1109/19 |
- | - | 20,000 | - | - | - | - | - | |
13 |
712 | 712 | 712 | 712 | 712 | 712 | 712 | - | |
130/1 |
712 | 712 | 712 | - | - | - | - | - | |
130 |
- | - | - | 712 | 712 | 712 | 712 | - | |
1311 |
712 | 712 | 712 | - | - | - | - | - | |
14 |
58,738 | 50,644 | 4,657 | -11,153 | -18,150 | -19,069 | - | -218 | |
17/49 |
54,082 | 49,285 | 160,093 | 110,367 | 9,641 | 2,076 | 685 | 242 | |
42/48 |
54,082 | 49,285 | 160,093 | 110,367 | 9,641 | 2,076 | 685 | 242 | |
43 |
2,066 | - | - | 1,783 | - | - | - | - | |
430/8 |
2,066 | - | - | 1,783 | - | - | - | - | |
44 |
440 | 731 | 128,987 | 99,604 | 7,904 | 726 | 484 | 242 | |
440/4 |
440 | 731 | 128,987 | 99,604 | 7,904 | 726 | 484 | 242 | |
45 |
45,801 | 43,280 | 10,105 | 8,980 | 1,737 | 1,350 | 201 | - | |
450/3 |
45,801 | 43,280 | 10,105 | 8,980 | 1,737 | 1,350 | 201 | - | |
47/48 |
5,775 | 5,275 | 21,000 | - | - | - | - | - | |
| Income statement | |||||||||
76A |
- | - | - | - | - | - | 1,748 | 1,004 | |
9900 |
12,436 | 32,014 | 44,579 | 16,900 | 1,821 | 4,267 | -596 | -1,196 | |
630 |
- | - | 386 | 386 | - | - | - | - | |
640/8 |
- | 3,202 | 1,324 | 2,240 | 481 | 20,599 | - | - | |
9901 |
12,436 | 28,812 | 42,870 | 14,275 | 1,340 | -16,332 | -596 | -1,196 | |
75/76B |
- | - | 4,930 | 18 | - | 0 | 1,748 | 1,004 | |
75 |
- | - | 4,930 | 18 | - | 0 | - | - | |
76B |
- | - | - | - | - | - | 1,748 | 1,004 | |
65/66B |
442 | 1,742 | 2,987 | 2,489 | 34 | 123 | 21 | 27 | |
65 |
442 | 1,742 | 2,987 | 2,489 | 34 | 123 | 21 | 27 | |
9903 |
11,994 | 27,069 | 44,812 | 11,805 | 1,306 | -16,455 | 1,131 | -218 | |
67/77 |
3,900 | 7,004 | 8,002 | 4,808 | 387 | 2,615 | 201 | - | |
9904 |
8,094 | 20,065 | 36,810 | 6,997 | 919 | -19,069 | 930 | -218 | |
9905 |
8,094 | 20,065 | 36,810 | 6,997 | 919 | -19,069 | 930 | -218 | |
| Appropriation of the result | |||||||||
9906 |
58,738 | 50,644 | 25,657 | -11,153 | -18,150 | -19,069 | 712 | -218 | |
14P |
50,644 | 30,579 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 712 | - | |
6920 |
- | - | - | - | - | - | 712 | - | |
694/7 |
- | - | 21,000 | - | - | - | - | - | |
695 |
- | - | 21,000 | - | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 08-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 08-10-2025 | 2025-00537240 | |
| 31-12-2022 | micro format | 22-04-2025 | 2025-00075858 | |
| 31-12-2020 | micro format | 30-12-2021 | 2021-82500047 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-73800196 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-28300328 | |
| 31-12-2017 | micro format | 18-09-2018 | 2018-63400198 | |
| 31-12-2016 | full format | 26-07-2017 | 2017-36900407 | |
| 31-12-2015 | full format | 26-07-2017 | 2017-37000034 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| - | - | 43,255 | 14,661 | - | - | - | - | ||
| - | - | 37,196 | 7,383 | - | - | - | - | ||
| - | - | 0 | 1,157 | - | - | - | - | ||
| - | - | - | - | 7,263 | 2,921 | -374 | - | ||
| 79,451 | 71,356 | 24,984 | 8,788 | 2,562 | 1,643 | 20,712 | 19,782 | ||
| 59.5% | 59.1% | 13.7% | 8.0% | 21.0% | - | 96.8% | 98.8% | ||
| 2.47 | 2.45 | 1.16 | 1.08 | 1.27 | - | 31.25 | 82.74 | ||
| 0.68 | 0.69 | 6.31 | 11.55 | 3.76 | - | 0.03 | 0.01 | ||
| 10.2% | 28.1% | 145.1% | 73.2% | 35.9% | - | 4.5% | -1.1% | ||
| 6.1% | 16.6% | 19.8% | 5.8% | 7.5% | - | 4.3% | -1.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on GLOBAFINANCE
The operating result for 2023 is 57% lower than in 2022 and the lowest since 2018.
Debt's share of the balance-sheet total falls from 40.9% to 40.5%. Equity and debt are higher.
Board & ownership
Curator
1 mandateCurator, Leuvensesteenweg 369, 1932 Sint-Stevens-Woluwe
from 27-10-2025 to 19-01-2026
Also on 164 other cases
Board
1 director, last change in 2023Director (not named in the articles)
since 03-02-2015
term without a fixed end
earlier manager, until 20-10-2023
listed in the 2023 annual accounts, filed on 08-10-2025
Mandates through the years
1 name, the dashed line is todayPAIS Elias Ralph
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
- PAIS Elias Ralph
- Director (not named in the articles), from 03-02-2015 to date
- Manager, until 20-10-2023
Control
Capital
- Contribution
- €20,000
- Source
- 2023 annual accounts
Articles of association
deed of 20-10-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Capital transactions
Capital over time
- 20-10-2023 Converted to unavailable equity
- 20-10-2023 Converted to unavailable equity
Network & group
No group
GLOBAFINANCE has no parent and no holdings in its annual accounts. PAIS Elias Ralph is the only director. GLOBAFINANCE shares no director with another company.
At the same address
Louizalaan 500, 1050 Brussels · 179 other companies| LGR INTERNATIONAL
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82 FTE (2025) 0831.832.408 |
| CALIBRE EUROPE
registered office since 23-06-2010 · founded in 2010 |
turnover €14.3m (2026) 0826.892.930 |
| BDDL
registered office since 04-08-2014 · founded in 2014 |
total assets €12.0m (2026) 0557.956.173 |
| BLUE MOON
establishment since 01-11-2019 · founded in 1992 |
41 FTE (2025) 0447.259.080 |
| Semper van Beci, Brussels Chambre of Commerce
registered office since 22-05-1995 · founded in 1995 |
total assets €6.9m (2025) 0456.087.268 |
| ALIGHIERI
registered office since 25-10-2012 · founded in 2012 |
total assets €6.7m (2025) 0849.912.614 |
| VSG Patrimoine
registered office since 11-04-2016 · founded in 2016 |
total assets €5.5m (2025) 0651.774.375 |
| TALEO CONSULTING
registered office since 01-01-2017 · founded in 2016 |
total assets €5.5m (2025) 0663.637.970 |
| BECI-BRUSSELS CHAMBER OF COMMERCE
registered office since 14-06-2006 · founded in 1961 |
21 FTE (2026) 0407.407.522 |
Timeline
Timeline
19 events since 2015Board
Filings
Financial
Establishments
Insolvency
201620182020202220242026
2026
Bankruptcy reversal French-language Enterprise Court of Brussels · judgment of 19-01-2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0597610565
2025
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 27-10-2025
Annual accounts 2023 filed PDFmicro format · 434 days late
Annual accounts 2022 filed PDFmicro format · 631 days late
2023
- 200 shares
- Director resignation, PAIS Elias Ralph (manager)
- Director reappointment, PAIS Elias Ralph (director (not named in the articles))
- The deed holds 10 more points.
2022
Liquidity more than doubled current ratio 2.45 The current ratio rises from 1.16 to 2.45. Short-term debt falls from €160,093 to €49,285.
2021
Annual accounts 2020 filed PDFmicro format · 152 days late
2020
Highest result from 2015 to 2023 net €36,810 ▲426% The operating result of €42,870 and the net result of €36,810 are both a record.
Annual accounts 2019 filed PDFmicro format · 122 days late
2019
Annual accounts 2018 filed PDFmicro format · 28 days before the deadline
2018
Back to profit net €919 The net result is €919, after one loss-making year.
Annual accounts 2017 filed PDFmicro format · 49 days late
2017
Weakest financial year net -€19,069 The net result drops to -€19,069, the lowest from 2015 to 2023. It recovers the following year.
Annual accounts 2015 filed PDFfull format · 360 days late
Annual accounts 2016 filed PDFfull format · 5 days before the deadline
2016
Back to profit net €930 The net result is €930, after one loss-making year.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0597.610.565
- VAT number
- BE 0597.610.565
- Peppol ID
- 0208:0597610565
- Other Peppol ID
- 9925:BE0597610565
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-02-2015
- Financial year
- ends on 31 December
- Peppol
- Reachable since 28-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- GLOBAFINANCE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-10-2023 (in French)
Activities
NACEBEL 202582100
Office administrative and support services main activity
96999
Other personal services
Codes under NACEBEL 2008
82110
Office administrative, office support and other business support activities main activity
70220
Business consulting
96099
Personal service activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Les activités de services aux clients afin de pouvoir les représenter et en leurs noms accomplir toutes modalités administratives auprès…”deed of 20-10-2023 (in French)
8 activities
- Les activités de services aux clients afin de pouvoir les représenter et en leurs noms accomplir toutes modalités administratives auprès d'administrations publiques et/ou d'entreprises privées en vue de récupérer tout ou partie d'indemnités ou dédommagement financières ou de droits ou ayantsdroits.
- Toute sorte d’acquisition de droits ou créances de tous tiers auprès d’administrations publiques et/ou d’entreprises privées et/ou personnes physiques ou morales.
- L'accomplissement de toutes opérations immobilières, telles que l'achat, la vente, la négociation de baux, la mise en valeur, la restauration, le ravalement, la transformation, l'entretien, l'amélioration, la location meublée ou non, le syndic, la gestion de patrimoine et de tous biens immeubles bâtis ou non, la construction de tous biens immeubles, la négociation de contrats d'entreprise à cette dernière fin.
- Le commerce en général sous toutes ses formes ainsi que le commerce ambulant, tant en gros qu’au détail, en ce compris notamment l’achat, la vente, l’importation, l’exportation, la fabrication, l’entretien, la réparation, la location, la représentation, la livraison et le transport de tous produits susceptibles de commercialisation et notamment, sans que cette énumération soit limitative:a)tous articles de décorations et de mobiliers.
- Le commerce en général tant en gros qu’au détail, en ce compris notamment l’achat, la vente, l’importation, l’exportation, la fabrication, l’entretien, la réparation, la location, la représentation de tous matériels, appareils mobiliers et marchandises dans le cadre ou ayant trait aux activités énumérées ciavant telle que notamment:la décoration, l’achat, la vente d’articles de décorations, et de tous articles liées à l’objet.
- A)exclusivement en sn propre nom et pour son propre compte:la construction, le développement et la gestion du patrimoine immobilier;toutes les opérations, oui ou non sous le système de la TVA, relatives aux biens immobiliers et aux droits immobiliers, tels que l’achat et la vente, la construction, la rénovation, l’aménagement et la décoration d’intérieur, la location ou la prise en location, l’échange, le lotissement et, en général, toutes les opérations qui sont liées directement ou indirectement à la gestion ou à l’exploitation de biens immobiliers ou de droits réels immobiliers;
- B)exclusivement en sn propre nom et pour son propre compte:la construction, le développement et la gestion d’un patrimoine mobilier;toutes les opérations relatives à des biens et des droits mobiliers, de quelque nature que ce soit, tels que la vente et l’achat, la location et la prise en location, l’échange, en particulier la gestion et la valorisation de tous biens négociables, actions, obligations, fonds d’État;
- C)exclusivement en sn propre nom et pour son propre compte:faire des emprunts et consentir des prêts, crédits, financements et la négociation de contrats de leasing, dans le cadre des buts décrits ci-dessus.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Louizalaan 500 registered office 1050 Brussels | 03-02-2015 | 2.239.038.429 |
Buildings and parcels at the address
- Ground area
- 1,218 m²
- Buildings
- 1,221 m²
- Volume, LiDAR
- 17,976 m³
- Tallest building
- 32.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21822R0227/00T003 | 1,218 m² | 1 · 1,221 m² | 32.8 m · 2 |