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GLOBE E.D.

Active
Public limited companyfounded 199828 yrs activeLangestraat 223, 2240 Zandhoven, BelgiumKBO/BCE: BE 0462.853.217

GLOBE E.D. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €23k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 9690 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
88 / 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▼-48
Solvency87▲+17
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 0.66 in 2023), and 10.5% 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.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · 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
elevated failure risk from 2 to 8 years 28 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 138 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline15-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 06-05-2025, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
6 d late
2023
1 d early
2022
39 d early
2021
3 d early
2020
38 d early
2019
29 d early
← 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
€217k▲ 11.6%
2023 · €194k
2018: €158k 2019: €168k 2020: €180k 2021: €181k 2022: €184k 2023: €194k
2018 → 2024
Total assets
€243k▼ 8.2%
2023 · €264k
2018: €331k 2019: €298k 2020: €270k 2021: €250k 2022: €250k 2023: €264k
2018 → 2024
Net result
€23k▼ 57.3%
2023 · €53k
2018: €23k 2019: €10k 2020: €12k 2021: €1k 2022: €3k 2023: €53k
2018 → 2024
Working capital
€9k
2023 · €-23k
2018: €-6k 2019: €-13k 2020: €-15k 2021: €-19k 2022: €-31k 2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€180k-€181k▲ 0.6%€184k▲ 1.9%€194k▲ 5.7%€217k▲ 11.6%
Operating result€19k-€3k▼ 84.8%€9k▲ 211%€58k▲ 554%€31k▼ 46.6%
Net result€12k-€1k▼ 91.2%€3k▲ 226%€53k▲ 1,479%€23k▼ 57.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €19k€19kNet result 2020: €12k€12kOperating result 2021: €3k€3kNet result 2021: €1k€1kOperating result 2022: €9k€9kNet result 2022: €3k€3kOperating result 2023: €58k€58kNet result 2023: €53k€53kOperating result 2024: €31k€31kNet result 2024: €23k€23k20202021202220232024
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €243k
Fixed assets €214k▼ 2.1%
Current assets €29k▼ 37.0%
Equity and liabilities €243k
Equity €217k▲ 11.6%
Debt €26k▼ 63.4%
The debt ratio falls from 26.4% to 10.5%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€40k
2023 · €67k
Cash flow
€31k
2023 · €61k
Solvency
89.5%
2023 · 73.6%
Current ratio
1.44
2023 · 0.66
Quick ratio
1.44
2023 · 0.66
Debt / equity
0.12
2023 · 0.36
ROE
10.4%
2023 · 27.2%
ROA
9.3%
2023 · 20.0%
Interest coverage
122.69
2023 · 22.31
Debt
€26k
2023 · €70k
Debt ≤ 1 year
€20k
2023 · €69k
Income taxes
€8k
2023 · €2k
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€264k€243k
Fixed assets21/28€218k€214k
Tangible fixed assets22/27€218k€214k
Land and buildings22€216k€208k
Plant, machinery and equipment23€2k€5k
Current assets29/58€46k€29k
Amounts receivable within one year40/41€36k€23k
Trade receivables40€27k€22k
Other amounts receivable41€9k€2k
Cash at bank and in hand54/58€109€218
Deferred charges and accrued income490/1€10k€6k
Equity and liabilities
Total equity and liabilities10/49€264k€243k
Equity10/15€194k€217k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€94k€94k=
Reserves13€39k€61k
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k€5k=
Distributable reserves133€33k€56k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€70k€26k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€69k€20k
Current portion of amounts payable after more than one year42€5k€0
Trade debts44€15k€12k
Suppliers440/4€15k€12k
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€8k€8k
Taxes450/3€8k€8k
Other amounts payable47/48€42k€0
Accrued charges and deferred income492/3€384€5k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€5k€5k
Gross operating margin9900€72k€46k
Operating profit (loss)9901€58k€31k
Financial charges65/66B€3k€322
Recurring financial charges65€3k€322
Profit (loss) for the period before taxes9903€55k€31k
Income taxes67/77€2k€8k
Profit (loss) for the period9904€53k€23k
Profit (loss) for the period to be appropriated9905€53k€23k
Appropriation of the result
Profit (loss) to be appropriated9906€53k€23k
Transfer to equity691/2€10k€23k
To the legal reserve6920€1k€0
To other reserves6921€9k€23k
Profit to be distributed694/7€42k€0
Directors or managers695€42k€0

The notes to these accounts (6 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
06-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
30-09
Financial Liquidity doublescurrent ratio 1.44
Current ratio from 0.66 to 1.44; short-term debt falls from €69k to €20k.
30-09
Financial Equity above €200kEq €217k ▲11.6%
7 profitable years in a row build equity to €217k.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Highest result since 2018net €53k ▲1479%
Operating result €58k, net result €53k, both a record.
22-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet €1k ▼91.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
23-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
9 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, Zandhoven · 1 establishment unit since 1998
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.

Langestraat 2232240 Zandhoven
Ground area
3,567 m²
Building footprint
261 m²
Volume, LiDAR
2,294 m³
Parcel 11054A0232/00G000, Flanders · tallest building 19.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GLOBE E.D.
Langestraat 223, 2240 ZandhovenManufacture of rubber and plastic products
since 19982.086.322.025
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11054A0232/00G000 Flanders 3,567 m² 1 · 261 m² 19.3 m · 3 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 9,633 companies in sector 68121 we hold annual accounts for 7,327. 5,267 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded11-03-1998
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
71320
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.