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Global Gates

Active
Private limited companyfounded 20178 yrs activeDe Vis 24, 2930 Brasschaat, BelgiumKBO/BCE: BE 0684.549.289

Global Gates has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €593k and a net result of €64k. Its solvency ranks better than 62% of 7426 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
100 / 100
Excellent▲ +21 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▲+14
Solvency97▲+19
Growth78
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.72 in 2023), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
63 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€593k▲ 11.3%
2023 · €533k
2023: €533k
2023 → 2024
Total assets
€1.11M▼ 16.4%
2023 · €1.33M
2023: €1.33M
2023 → 2024
Net result
€64k▲ 50.6%
2023 · €43k
2023: €43k
2023 → 2024
Working capital
€579k▲ 5.7%
2023 · €548k
2023: €548k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€533k-€593k▲ 11.3%
Operating result€49k-€91k▲ 85.6%
Net result€43k-€64k▲ 50.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2023: €49k€49kNet result 2023: €43k€43kOperating result 2024: €91k€91kNet result 2024: €64k€64k20232024
The operating result rises in 2024; 2024 is 86% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.11M
Fixed assets €16k▼ 1.0%
Current assets €1.09M▼ 16.6%
Equity and liabilities €1.11M
Equity €593k▲ 11.3%
Debt €515k▼ 35.1%
The debt ratio falls from 59.8% to 46.4%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€100k
2023 · €55k
Cash flow
€73k
2023 · €48k
Solvency
53.6%
2023 · 40.2%
Current ratio
2.13
2023 · 1.72
Quick ratio
2.03
2023 · 1.67
Debt / equity
0.87
2023 · 1.49
ROE
10.8%
2023 · 8.0%
ROA
5.8%
2023 · 3.2%
Interest coverage
30.56
2023 · 14.02
Debt
€515k
2023 · €793k
Debt ≤ 1 year
€513k
2023 · €762k
Income taxes
€29k
2023 · €19k
Staff costs
€193k
2023 · €242k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.33M€1.11M
Fixed assets21/28€16k€16k
Tangible fixed assets22/27€16k€15k
Land and buildings22€2k€2k
Plant, machinery and equipment23€4k€5k
Furniture and vehicles24€9k€8k
Financial fixed assets28-€500
Current assets29/58€1.31M€1.09M
Amounts receivable after more than one year29€20k€26k
Other amounts receivable291€20k€26k
Stocks and contracts in progress3€36k€52k
Stocks30/36€36k€52k
Amounts receivable within one year40/41€650k€336k
Trade receivables40€589k€223k
Other amounts receivable41€61k€113k
Cash at bank and in hand54/58€603k€673k
Deferred charges and accrued income490/1€2k€6k
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.11M
Equity10/15€533k€593k
Contributions10/11€1k€1k=
Reserves13€532k€592k
Distributable reserves133€532k€592k
Amounts payable17/49€793k€515k
Amounts payable within one year42/48€762k€513k
Trade debts44€373k€301k
Suppliers440/4€373k€301k
Advances received on contracts in progress46€340k€189k
Taxes, remuneration and social security45€49k€19k
Taxes450/3€22k€677
Remuneration and social security454/9€27k€18k
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€31k€1k
Income statement Code20232024
Non-recurring operating income76A€34k-
Remuneration, social security and pensions62€242k€193k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€94k-
Other operating charges640/8€78k€7k
Gross operating margin9900€469k€301k
Operating profit (loss)9901€49k€91k
Financial income75/76B€16k€5k
Recurring financial income75€16k€5k
Financial charges65/66B€4k€3k
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€62k€94k
Income taxes67/77€19k€29k
Profit (loss) for the period9904€43k€64k
Profit (loss) for the period to be appropriated9905€43k€64k
Appropriation of the result
Profit (loss) to be appropriated9906€43k€64k
Transfer to equity691/2€43k€60k
To other reserves6921€43k€60k
Profit to be distributed694/7-€4k
Directors or managers695-€4k
Social balance
Average headcount (FTE)90874.63.3

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
02-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 63 days late
NBB filing

Directors · office · real estate

Directors
5 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, Brasschaat · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

De Vis 242930 Brasschaat
Ground area
501 m²
Building footprint
126 m²
Volume, LiDAR
684 m³
Parcel 11324D0354/00T000, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Global Solar
De Vis 24, 2930 BrasschaatManufacture of textiles
since 20172.269.711.908
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11324D0354/00T000 Flanders 501 m² 1 · 126 m² 10.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 5,572 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
33200Installation of industrial machinery and equipment
43120Site preparation
43211General electrical installation work
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
47527Retail trade
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.