GLOBALCOLORS
ActiveThe computed 12-month bankruptcy probability of GLOBALCOLORS is 3.2% (moderate). The 2024 annual accounts show equity of €11k and a net result of €3k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 38% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+3
Solvency61▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.26 in 2023; short-term debt: 64.3% and cash: 77.8% of total assets), and 64.3% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2024Solvency, return and age of the figures
Solvency
35.7%
Return on assets
9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
20 d early
2022
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 33.7%
2023 · €8k
2022: €6k
2023: €8k
2022 → 2024
Total assets
€31k▼ 3.1%
2023 · €32k
2022: €26k
2023: €32k
2022 → 2024
Net result
€3k▲ 28.4%
2023 · €2k
2022: €1k
2023: €2k
2022 → 2024
Working capital
€9k▲ 66.4%
2023 · €5k
2022: €3k
2023: €5k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€6k-€8k▲ 35.6%€11k▲ 33.7%
Operating result€4k-€5k▲ 23.8%€6k▲ 16.3%
Net result€1k-€2k▲ 84.7%€3k▲ 28.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€2k▼ 66.3%
Current assets
€29k▲ 12.1%
Equity and liabilities €31k
Equity
€11k▲ 33.7%
Debt
€20k▼ 15.9%
The debt ratio falls from 74.1% to 64.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2023 · €10k
Cash flow
€8k▲
2023 · €7k
Solvency
35.7%▲
2023 · 25.9%
Current ratio
1.45▲
2023 · 1.26
Quick ratio
1.45▲
2023 · 1.26
Debt / equity
1.80▼
2023 · 2.86
ROE
25.2%▼
2023 · 26.3%
ROA
9.0%▲
2023 · 6.8%
Interest coverage
9.94▲
2023 · 7.78
Debt
€20k▼
2023 · €24k
Debt ≤ 1 year
€20k▼
2023 · €21k
Income taxes
€2k▲
2023 · €1k
Staff costs
€65k▲
2023 · €54k
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€32k€31k▼
Fixed assets21/28€6k€2k▼
Tangible fixed assets22/27€6k€1k▼
Plant, machinery and equipment23€309€170▼
Furniture and vehicles24€2k€592▼
Leasing and similar rights25€4k€334▼
Financial fixed assets28-€1k
Current assets29/58€26k€29k▲
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€1k€3k▲
Other amounts receivable41€2k€858▼
Cash at bank and in hand54/58€23k€24k▲
Deferred charges and accrued income490/1€340€968▲
Equity and liabilities
Total equity and liabilities10/49€32k€31k▼
Equity10/15€8k€11k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€3k€6k▲
Amounts payable17/49€24k€20k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€21k€20k▼
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€8k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€54k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€40€283▲
Gross operating margin9900€64k€76k▲
Operating profit (loss)9901€5k€6k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€4k€4k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€2k€3k▲
Profit (loss) for the period to be appropriated9905€2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€6k▲
Profit (loss) brought forward from the previous period14P€1k€3k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €3k ▲28.4%
Operating result €6k, net result €3k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bassenge · 1 establishment unit since 2022
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.
Rue Royale 164690 BassengeGround area
703 m²
Building footprint
155 m²
Parcel 62011B0740/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
GLOBALCOLORS
since 20222.328.384.535
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62011B0740/00C000 | Wallonia | 703 m² | 1 · 155 m² | - |
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
BAU-DECOR
BE 0863.174.393
Vleteren · Eq €11k
Wils Painting
BE 1017.788.435
Olen · Eq €11k
SÛRE-FACE
BE 0830.333.163
Mettet · Eq €11k
LIBERTY DECOR
BE 0455.289.987
Sint-Pieters-Woluwe · Eq €11k
Gielen Painting
BE 1011.184.121
Merelbeke-Melle · Eq €11k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 1,729 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2022
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.