GLOBALE TRADING

Active

Private limited companyfounded 201016 yrs activeJetsesteenweg 324, 1081 Koekelberg, BelgiumKBO/BCE: BE 0827.774.244

The computed 12-month bankruptcy probability of GLOBALE TRADING is 2.9% (moderate). The 2024 annual accounts show negative equity (€-41k) and a net result of €25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 26049 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

39 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability81▲+72

Solvency8▲+4

Growth63▲+17

Track record100

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.74 against 0.73 in 2023; short-term debt: 116.5% and cash: 9.1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

-16.5%

Return on assets

9.9%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 26049 sector peers (2024).

NBB · sector comparison

Position among 26049 sector peers

Solvency

better than 17%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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 · 10 filings

Deviation from the deadline

2025

not confirmed

2024

67 d late

2023

69 d late

2022

60 d late

2021

57 d late

2020

31 d late

2019

28 d late

← before the deadline after the deadline →

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, micro schema

Turnover

€916k▲ 12.1%

2018 · €817k

2018: €817k

2018 → 2019

EBIT margin

1.4%▼ 0.8pp

2018 · 2.2%

2018: 2.2%

2018 → 2019

Net result

€25k

2023 · €-24k

2018: €12k 2019: €6k 2020: €2k 2021: €19k 2022: €-145k 2023: €-24k

2018 → 2024

Working capital

€-75k▲ 27.8%

2023 · €-104k

2018: €57k 2019: €65k 2020: €78k 2021: €100k 2022: €-86k 2023: €-104k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€83k-€103k▲ 23.3%€-43k€-66k▼ 55.9%€-41k▲ 37.5%

Operating result€2k-€28k▲ 1,093%€-144k€-22k▲ 84.5%€25k

Net result€2k-€19k▲ 930%€-145k€-24k▲ 83.6%€25k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €25k after a loss of €22k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €251k

13.4%

86.6%

Fixed assets €34k▼ 10.8%

Current assets €217k▼ 23.3%

Key figures and ratios

2024 value · change against 2023

EBITDA

€37k▲

2023 · €-12k

Cash flow

€36k▲

2023 · €-13k

Solvency

-16.5%▲

2023 · -20.6%

Current ratio

0.74▲

2023 · 0.73

Quick ratio

0.14▲

2023 · 0.10

Debt / equity

-7.06▼

2023 · -5.85

ROA

9.9%▲

2023 · -7.4%

Interest coverage

55.25▲

2023 · -8.23

Debt

€293k▼

2023 · €387k

Debt ≤ 1 year

€293k▼

2023 · €387k

Staff costs

€22k▼

2023 · €106k

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€321k€251k▼

Fixed assets21/28€38k€34k▼

Tangible fixed assets22/27€38k€34k▼

Plant, machinery and equipment23€35k€21k▼

Furniture and vehicles24€3k€12k▲

Current assets29/58€283k€217k▼

Stocks and contracts in progress3€245k€178k▼

Stocks30/36€245k€178k▼

Amounts receivable within one year40/41€3k€17k▲

Trade receivables40-€15k

Other amounts receivable41€3k€2k▼

Cash at bank and in hand54/58€36k€23k▼

Equity and liabilities

Total equity and liabilities10/49€321k€251k▼

Equity10/15€-66k€-41k▲

Contributions10/11€19k€19k=

Outside capital11€19k€19k=

Other1109/19€19k€19k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€-87k€-62k▲

Amounts payable17/49€387k€293k▼

Amounts payable within one year42/48€387k€293k▼

Trade debts44€21k€20k▼

Suppliers440/4€21k€20k▼

Advances received on contracts in progress46€82k-

Taxes, remuneration and social security45€7k€689▼

Remuneration and social security454/9€7k€689▼

Other amounts payable47/48€277k€272k▼

Income statement Code20232024

Non-recurring operating income76A-€7k

Remuneration, social security and pensions62€106k€22k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲

Other operating charges640/8€3k€5k▲

Gross operating margin9900€97k€63k▼

Operating profit (loss)9901€-22k€25k▲

Financial charges65/66B€1k€661▼

Recurring financial charges65€1k€661▼

Profit (loss) for the period before taxes9903€-24k€25k▲

Profit (loss) for the period9904€-24k€25k▲

Profit (loss) for the period to be appropriated9905€-24k€25k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-87k€-62k▲

Profit (loss) brought forward from the previous period14P€-63k€-87k▼

The notes to these accounts (8 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

All 13Financial 3Filings 10

2025

06-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 67 days late

2024

31-12

Financial Back to profitnet €25k

Net result €25k after 2 loss-making years.

08-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 69 days late

2023

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

2022

31-12

Financial Weakest financial yearnet €-145k ▼847%

Net result drops to €-145k, the lowest in the series; recovery starts the following year.

26-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 57 days late

2021

31-12

Financial Equity above €100kEq €103k ▲23.3%

4 profitable years in a row build equity to €103k.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

2020

28-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 28 days late

2019

22-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 22 days late

2018

30-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

25-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 25 days late

2016

07-09

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 38 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Koekelberg · 3 establishment units since 2010

establishment All 3 establishment units 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.

Jetsesteenweg 3241081 Koekelberg

Ground area

7,530 m²

Building footprint

1,304 m²

Volume, LiDAR

8,093 m³

3 parcels, Brussels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.

3 establishment units

Globale trading

Jetsesteenweg 324, 1081 KoekelbergRetail sale of second-hand clothing

since 20102.301.174.451

Stoofstraat 39, 1785 Merchtem

Wholesale of clothing, excluding workwear and underwear

since 20112.205.928.468

Global Trading

Z. 5 Mollem 13, 1730 AsseAgents in the wholesale of textiles, clothing, fur, footwear and leather goods

since 20222.333.301.148

3 parcels

Flanders 2 (66.7%) Brussels 1 (33.3%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23602H0107/00S002	Flanders	3,936 m²	1 · 1,179 m²	13.3 m · 2 fl.
23053B0235/00G003	Flanders	3,413 m²	-	-
21492B0022/00E000	Brussels	181 m²	1 · 125 m²	17.7 m · 5 fl.