GLOCOLEARNING
ActiveSummary
GLOCOLEARNING has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €22k. Equity is growing by ~62.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-4
Solvency61▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.29 in 2024; short-term debt: 49.6% and cash: 23.6% of total assets), but 63.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
12.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
8 d early
2024
61 d late
2023
8 d early
2022
5 d early
← 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
€64k▲ 53.4%
2024 · €42k
2022: €7klowest in 4 years
2023: €21k▲ +210% vs 2022
2024: €42k▲ +95.4% vs 2023
2025: €64k▲ +53.4% vs 2024highest in 4 years
2022 → 2025
Total assets
€177k▲ 37.5%
2024 · €129k
2022: €17klowest in 4 years
2023: €63k▲ +259% vs 2022
2024: €129k▲ +106% vs 2023
2025: €177k▲ +37.5% vs 2024highest in 4 years
2022 → 2025
Net result
€22k▲ 9.3%
2024 · €20k
2022: €2klowest in 4 years
2023: €15k▲ +657% vs 2022
2024: €20k▲ +40.8% vs 2023
2025: €22k▲ +9.3% vs 2024highest in 4 years
2022 → 2025
Working capital
€78k▲ 210%
2024 · €25k
2022: €-1k
2023: €-2k▼ -17.0% vs 2022lowest in 4 years
2024: €25k▲ +1607% vs 2023
2025: €78k▲ +210% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€21k▲ 210%€42k▲ 95.4%€64k▲ 53.4%
2022: €7klowest in 4 years
2023: €21k▲ +210% vs 2022
2024: €42k▲ +95.4% vs 2023
2025: €64k▲ +53.4% vs 2024highest in 4 years
Operating result€2k-€20k▲ 866%€29k▲ 43.8%€34k▲ 17.4%
2022: €2klowest in 4 years
2023: €20k▲ +866% vs 2022
2024: €29k▲ +43.8% vs 2023
2025: €34k▲ +17.4% vs 2024highest in 4 years
Net result€2k-€15k▲ 657%€20k▲ 40.8%€22k▲ 9.3%
2022: €2klowest in 4 years
2023: €15k▲ +657% vs 2022
2024: €20k▲ +40.8% vs 2023
2025: €22k▲ +9.3% vs 2024highest in 4 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€11k ▼ 31.5%
Current assets
€165k ▲ 47.8%
Equity and liabilities €177k
Equity
€64k ▲ 53.4%
Debt
€113k ▲ 29.8%
Debt's share of the balance-sheet total falls from 67.5% to 63.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2024 · €35k
Cash flow
€28k▲
2024 · €27k
Current ratio
1.89▲
2024 · 1.29
Debt to equity
1.76▼
2024 · 2.08
ROE
34.8%▼
2024 · 48.8%
ROA
12.6%▼
2024 · 15.9%
Interest coverage
16.86▲
2024 · 13.62
Debt ≤ 1 year
€88k▲
2024 · €87k
Income taxes
€9k▲
2024 · €6k
Staff costs
€265
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€177k▲
Fixed assets21/28€17k€11k▼
Intangible fixed assets21€17k€11k▼
Current assets29/58€112k€165k▲
Amounts receivable within one year40/41€112k€124k▲
Trade receivables40€101k€109k▲
Other amounts receivable41€11k€15k▲
Cash at bank and in hand54/58-€42k
Equity and liabilities
Total equity and liabilities10/49€129k€177k▲
Equity10/15€42k€64k▲
Contributions10/11€5k€5k=
Reserves13€37k€59k▲
Distributable reserves133€37k€59k▲
Amounts payable17/49€87k€113k▲
Amounts payable within one year42/48€87k€88k▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€53k€71k▲
Suppliers440/4€53k€71k▲
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€9k€15k▲
Other amounts payable47/48€20k€2k▼
Accrued charges and deferred income492/3-€25k
Income statement
Code20242025
Remuneration, social security and pensions62-€265
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8-€124
Gross operating margin9900€35k€39k▲
Operating profit (loss)9901€29k€34k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€26k€31k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€20k€22k▲
Profit (loss) for the period to be appropriated9905€20k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€22k▲
Transfer to equity691/2€20k€22k▲
To other reserves6921€20k€22k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €265 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €512 | €5k | €6k | €5k | ▼ 16.1% |
| Other operating charges640/8 | - | €300 | - | €124 | - |
| Gross operating margin9900 | €3k | €26k | €35k | €39k | ▲ 12.5% |
| Operating profit (loss)9901 | €2k | €20k | €29k | €34k | ▲ 17.4% |
| Financial charges65/66B | €68 | €2k | €3k | €2k | ▼ 10.0% |
| Recurring financial charges65 | €68 | €2k | €3k | €2k | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | €2k | €18k | €26k | €31k | ▲ 20.1% |
| Income taxes67/77 | €85 | €3k | €6k | €9k | ▲ 58.7% |
| Profit (loss) for the period9904 | €2k | €15k | €20k | €22k | ▲ 9.3% |
| Profit (loss) for the period to be appropriated9905 | €2k | €15k | €20k | €22k | ▲ 9.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €17k | €63k | €129k | €177k | ▲ 37.5% |
| Formation expenses20 | €2k | €1k | - | - | - |
| Fixed assets21/28 | €6k | €22k | €17k | €11k | ▼ 31.5% |
| Intangible fixed assets21 | €6k | €22k | €17k | €11k | ▼ 31.5% |
| Current assets29/58 | €9k | €39k | €112k | €165k | ▲ 47.8% |
| Amounts receivable within one year40/41 | €7k | €39k | €112k | €124k | ▲ 10.6% |
| Trade receivables40 | €5k | €32k | €101k | €109k | ▲ 8.1% |
| Other amounts receivable41 | €2k | €8k | €11k | €15k | ▲ 33.5% |
| Cash at bank and in hand54/58 | €2k | - | - | €42k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €17k | €63k | €129k | €177k | ▲ 37.5% |
| Equity10/15 | €7k | €21k | €42k | €64k | ▲ 53.4% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Reserves13 | €2k | €16k | €37k | €59k | ▲ 60.6% |
| Distributable reserves133 | €2k | €16k | €37k | €59k | ▲ 60.6% |
| Amounts payable17/49 | €11k | €41k | €87k | €113k | ▲ 29.8% |
| Amounts payable within one year42/48 | €11k | €41k | €87k | €88k | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | - | €3k | €5k | - | - |
| Trade debts44 | €437 | €9k | €53k | €71k | ▲ 33.9% |
| Suppliers440/4 | €437 | €9k | €53k | €71k | ▲ 33.9% |
| Taxes, remuneration and social security45 | €85 | €3k | €9k | €15k | ▲ 64.3% |
| Taxes450/3 | €85 | €3k | €9k | €15k | ▲ 64.3% |
| Other amounts payable47/48 | €10k | €26k | €20k | €2k | ▼ 88.7% |
| Accrued charges and deferred income492/3 | - | - | - | €25k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €15k | €20k | €22k | ▲ 9.3% |
| + Depreciation and write-downs630 | €512 | €5k | €6k | €5k | ▼ 16.1% |
| Operating cash flow (approximation) | €2k | €20k | €27k | €28k | ▲ 3.3% |
| Investment in fixed assets (approximation) | - | €-21k | €-1k | €0 | ▲ 100% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €22k ▲9.3%
Operating result €34k, net result €22k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Genk · 1 establishment unit since 2022
Ground area
2,834 m²
Building footprint
921 m²
Volume, LiDAR
6,229 m³
Parcel 71016I1478/00E003, Flanders · tallest building 15.0 m, ±1 floor. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
GLOCOLEARNING
since 20222.334.296.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1478/00E003 | Flanders | 2,834 m² | 1 · 921 m² | 15.0 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.
Similar companies · same sector, comparable size
TER BEEK
BE 0834.143.184
Hoogstraten · Eq €64,217
BENELUX MULTISERVICES LOGISTICS
BE 0425.279.177
Antwerpen · Eq €63,900
ESPACE VOYAGE
BE 0450.177.493
Fleurus · Eq €64,439
IO & ALTRO
BE 0841.341.673
Antwerpen · Eq €63,686
HECTOGON
BE 0666.898.358
Bertem · Eq €63,674
Of 3,152 companies in sector 63920 we hold annual accounts for 1,525. 1,239 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
Founded16-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
Scores and ratios are computed by Checked and are not a credit decision.