Summary
GLOBES has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €957k and a net result of €132k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 11389 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
42 d early
2022
29 d late
2021
30 d late
2020
31 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€957k▲ 11.2%
2024 · €861k
Total assets
€1.48M▼ 3.9%
2024 · €1.54M
Net result
€132k▲ 85.8%
2024 · €71k
Working capital
€30k▼ 49.3%
2024 · €59k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€33k▼ 16.5%€15k▼ 55.1%€25k▲ 67.9%€14k▼ 45.4%€68k▲ 393%
Net result€35k▲ 72.0%€92k▲ 159%€98k▲ 6.4%€71k▼ 27.5%€132k▲ 85.8%
Equity€600k▲ 6.3%€692k▲ 15.3%€790k▲ 14.1%€861k▲ 9.0%€957k▲ 11.2%
Total assets€1.08M▲ 0.2%€1.08M▲ 0.4%€1.13M▲ 4.8%€1.54M▲ 36.3%€1.48M▼ 3.9%
Debt€475k▼ 6.5%€387k▼ 18.5%€341k▼ 11.9%€681k▲ 99.7%€524k▼ 23.0%
Working capital€-149k▼ 7.5%€-108k▲ 27.5%€75k€59k▼ 20.5%€30k▼ 49.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 393% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets
€1.29M ▼ 1.4%
Current assets
€190k ▼ 18.2%
Equity and liabilities €1.48M
Equity
€957k ▲ 11.2%
Debt
€524k ▼ 23.0%
Debt's share of the balance-sheet total falls from 44.2% to 35.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
13.8%▲
2024 · 8.2%
ROA
8.9%▲
2024 · 4.6%
Debt ≤ 1 year
€160k▼
2024 · €173k
Debt > 1 year
€362k▼
2024 · €502k
Income taxes
€30k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €19k | €20k | €67k | €19k | ▼ 71.6% |
| Other operating charges640/8 | €4k | €7k | €6k | €7k | €7k | ▲ 2.6% |
| Gross operating margin9900 | €58k | €42k | €51k | €88k | €94k | ▲ 7.0% |
| Operating profit (loss)9901 | €33k | €15k | €25k | €14k | €68k | ▲ 393% |
| Financial income75/76B | €26k | €101k | €100k | €81k | €112k | ▲ 38.0% |
| Recurring financial income75 | €26k | €101k | €100k | €81k | €112k | ▲ 38.0% |
| Financial charges65/66B | €11k | €10k | €9k | €13k | €18k | ▲ 38.8% |
| Recurring financial charges65 | €11k | €10k | €9k | €13k | €18k | ▲ 38.8% |
| Profit (loss) for the period before taxes9903 | €48k | €106k | €116k | €82k | €162k | ▲ 97.3% |
| Income taxes67/77 | €13k | €14k | €18k | €11k | €30k | ▲ 170% |
| Profit (loss) for the period9904 | €35k | €92k | €98k | €71k | €132k | ▲ 85.8% |
| Profit (loss) for the period to be appropriated9905 | €35k | €92k | €98k | €71k | €132k | ▲ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.08M | €1.08M | €1.13M | €1.54M | €1.48M | ▼ 3.9% |
| Fixed assets21/28 | €1.01M | €990k | €980k | €1.31M | €1.29M | ▼ 1.4% |
| Tangible fixed assets22/27 | €162k | €142k | €132k | €462k | €444k | ▼ 3.9% |
| Land and buildings22 | €148k | €135k | €123k | €454k | €438k | ▼ 3.6% |
| Plant, machinery and equipment23 | €999 | €530 | €7k | €6k | €5k | ▼ 11.1% |
| Furniture and vehicles24 | €677 | €481 | €2k | €2k | €2k | ▼ 35.2% |
| Leasing and similar rights25 | €12k | €6k | €0 | - | - | - |
| Financial fixed assets28 | €848k | €848k | €848k | €848k | €848k | = |
| Current assets29/58 | €66k | €89k | €151k | €232k | €190k | ▼ 18.2% |
| Amounts receivable after more than one year29 | €15k | €35k | €35k | €35k | €35k | = |
| Other amounts receivable291 | €15k | €35k | €35k | €35k | €35k | = |
| Stocks and contracts in progress3 | €1k | €1k | €1k | €1k | €1k | = |
| Stocks30/36 | €1k | €1k | €1k | €1k | €1k | = |
| Amounts receivable within one year40/41 | €13k | €15k | €21k | €127k | €46k | ▼ 63.7% |
| Trade receivables40 | €13k | €13k | €18k | €94k | €26k | ▼ 72.2% |
| Other amounts receivable41 | €683 | €2k | €3k | €33k | €20k | ▼ 39.6% |
| Cash at bank and in hand54/58 | €5k | €3k | €54k | €8k | €48k | ▲ 490% |
| Deferred charges and accrued income490/1 | €32k | €36k | €40k | €61k | €60k | ▼ 1.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.08M | €1.08M | €1.13M | €1.54M | €1.48M | ▼ 3.9% |
| Equity10/15 | €600k | €692k | €790k | €861k | €957k | ▲ 11.2% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Revaluation surpluses12 | €349k | €349k | €349k | €349k | €349k | = |
| Reserves13 | €229k | €321k | €418k | €489k | €585k | ▲ 19.6% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €225k | €317k | €416k | €487k | €583k | ▲ 19.7% |
| Profit (loss) carried forward14 | €3k | €3k | €3k | €4k | €4k | ▲ 18.9% |
| Amounts payable17/49 | €475k | €387k | €341k | €681k | €524k | ▼ 23.0% |
| Amounts payable after more than one year17 | €247k | €177k | €259k | €502k | €362k | ▼ 28.0% |
| Financial debts170/4 | €247k | €177k | €259k | €502k | €362k | ▼ 28.0% |
| Amounts payable within one year42/48 | €215k | €197k | €76k | €173k | €160k | ▼ 7.5% |
| Current portion of amounts payable after more than one year42 | €169k | €174k | €58k | €70k | €131k | ▲ 86.9% |
| Financial debts43 | €27k | €8k | €0 | €8k | €0 | ▼ 100% |
| Credit institutions430/8 | €27k | €8k | €0 | €8k | €0 | ▼ 100% |
| Trade debts44 | €12k | €9k | €8k | €84k | €2k | ▼ 97.2% |
| Suppliers440/4 | €12k | €9k | €8k | €84k | €2k | ▼ 97.2% |
| Taxes, remuneration and social security45 | €7k | €6k | €10k | €11k | €27k | ▲ 146% |
| Taxes450/3 | €7k | €6k | €10k | €11k | €27k | ▲ 146% |
| Remuneration and social security454/9 | - | €53 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €14k | €13k | €6k | €6k | €3k | ▼ 51.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €92k | €98k | €71k | €132k | ▲ 85.8% |
| + Depreciation and write-downs630 | €20k | €19k | €20k | €67k | €19k | ▼ 71.6% |
| Operating cash flow (approximation) | €55k | €111k | €117k | €138k | €151k | ▲ 9.2% |
| Investment in fixed assets (approximation) | - | €0 | €-10k | €-397k | €-1k | ▲ 99.7% |
| Change in cash | - | €-2k | €51k | €-46k | €40k | ▲ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
State Gazette act
General meeting · Director reappointment
15-09
State Gazette act
General meeting · Director reappointment
Director appointment · Other statement
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
07-07
State Gazette act
Incorporation · Founding capital
Founder · Corporate purpose
2025
31-12
Financial
Highest result since 2018net €132k ▲85.8%
Operating result €68k, net result €132k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.98
Current ratio from 0.45 to 1.98; short-term debt falls from €197k to €76k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 26 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Oostkamp · 1 establishment unit since 2010
Ground area
770 m²
Building footprint
291 m²
Volume, LiDAR
1,458 m³
Parcel 31403H0920/00X000, Flanders · tallest building 12.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fotografie Saskia Haché
since 20102.190.415.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403H0920/00X000 | Flanders | 770 m² | 1 · 291 m² | 12.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
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Of 4,415 companies in sector 46180 we hold annual accounts for 1,884. 947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.