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GLOE

Active
Private limited companyfounded 2007active for 19 yearsVlaanderenstraat 122, 9000 Gent, BelgiumKBO/BCE: BE 0887.683.721
Summary

GLOE has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154,957 and a net result of -€6,900. Equity has been stable since 2018 (±2.3% per year). Its solvency ranks better than 68% of 5,717 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-03-2007 Normal situation
Activity
Hairdressing and barber services NACE 96210and 4 others
Joint committee
314 Paritair Comité voor het kappersbedrijf en de schoonheidszorgen · annual accounts 2025
Establishment units
2.161.273.034 9000 Gent, since 13-03-2007
2.198.204.496 8300 Knokke-Heist, since 15-04-2009
Financial year end
31 December
Peppol
Reachable since 24-02-2026

Board and ownership

Board
Shareholders
  • Jouri Van De Sypeannual accounts 2017
  • Selda Karabagannual accounts 2017

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€285,542
▲ 44.4%
Turnover
≈ €330,000
estimated
Loss
€6,900
▼ 82.2%
Equity
€154,957
▼ 4.3%
Total assets
€312,731
▼ 8.8%
Staff
5.2 FTE
=
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 1.85, cash €92,137Founded in 2007Equity €154,957 (49.5% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in personal services (NACE 96)
Financial strength · tick: 2024
Average
Solvency 75+3
equity 49.5% of total assets
Liquidity 62+29
short-term debt 50.5% · cash 29.5%
Profitability 17+12
return on assets -2.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,625 companies, NACE 96, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 1.2%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.3%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -1.4 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (1.19 in 2024), above the usual 1.5. Short-term debt is 50.5% and cash 29.5% of total assets. However, 50.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 68% of them on solvency, 66% on liquidity, 23% on profitability and 34% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.85, cash €92,137
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €154,957 (49.5% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,900
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
68 days late
2023
29 days late
2022
32 days late
2021
31 days late
2020
52 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€6,900 View
  • Caution: Lower net result than 81% of companies in personal servicessector median €2,797 · 5,724 companies -€6,900 View

Recent changes

  1. · Gazette deed Reappointment: Van de Sype Jouri (director)
  2. · Gazette deed Registered office moved within Gent
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as GLOE: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €253,000 and €485,000, founded between 2001 and 2009.

CompanyTotal assetsGross margin
GLOE Gent€312,731€285,542
L&M De Ruyte Sint-Niklaas€256,070€298,016
BEAU Enzo Duffel€282,490€320,765
FABIO GRECO Dilbeek€271,657€242,175
Cut, Paste & Paint Gent€253,363€167,302
SINGLES HAIR Lokeren€335,803€441,728
P & G HAIR Aalst€485,190€231,634
Full comparison

Key facts about GLOE

What is the company number of GLOE?
The company number of GLOE is 0887.683.721. The VAT number is the same number with BE in front: BE 0887.683.721.
Where is GLOE based?
The registered office is at Vlaanderenstraat 122, 9000 Gent.Company details
What does GLOE do?
According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
What is the legal form of GLOE?
The legal form of GLOE is Private limited company (BV).
When was GLOE founded?
GLOE was founded on 05-03-2007.
Is GLOE still active?
Yes, GLOE is an active enterprise in the KBO register.
How many employees does GLOE have?
GLOE had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GLOE fall under?
In its 2025 annual accounts, GLOE states joint committee 314 (Paritair Comité voor het kappersbedrijf en de schoonheidszorgen).
What is the turnover of GLOE?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €285,542 and 30 comparable companies (NACE 96). It probably lies between €300,000 and €530,000.
Is GLOE profitable?
In financial year 2025, GLOE made a loss of €6,900.
Where can I find the annual accounts of GLOE?
GLOE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLOE due?
GLOE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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