Financials
- Financial year
- 2025
- Total assets
- €405,413
- Loss
- -€37,488
- Solvency
- 6.0%
GLOM Construct
ActiveSummary
The computed 12-month bankruptcy probability of GLOM Construct is 2.1% (moderate). The 2025 annual accounts show equity of €24,512 and a net result of -€37,488. Its solvency ranks better than 13% of 1,013 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€405,413total assets 2025
- Equity
- €24,512
- Loss
- -€37,488
Structure
- Largest shareholder
- Group GL · 50%
Accounts 23 days early
Why 51raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2025Equity €24,512 (6.0% of total assets)lowers riskSize: total assets €405,413Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 41, micro)
Financial strength
Weak
Solvency
31
equity 6.0% of total assets
Liquidity
14
short-term debt 94.0% · cash 11.6%
Profitability
7
return on assets -9.2%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 3.2%
06-2026: 3.3%▲ +0.1 percentage points vs 05-2026
07-2026: 3.3%● unchanged vs 06-2026highest value
08-2026: 2.0%▼ -1.3 percentage points vs 07-2026lowest value
09-2026: 2.0%● unchanged vs 08-2026
10-2026: 2.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.06, below the usual 1.5; short-term debt: 94% and cash: 11.6% of total assets), and 94% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 15% on solvency, 12% on liquidity and 12% on profitability.
The bankruptcy probability was computed on 14-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1013 sector peers (2025).
NBB · sector comparisonPosition among 1013 sector peers
Solvency
better than 13%
← weakest
strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
23 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · full…
- IncorporationAppointments: LENAERS John, LENAERS Ghislain…
Key points
By topic
Board & ownership
- Largest shareholder
- Group GL · 50%
- Known shareholders
- 100%
Network & group
- Connected companies
- 5
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 10-04-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 25
- Annual meeting
- First Monday of June at 16:00
- Purpose
- “De verwerving en het aanhouden voor eigen rekening van participaties,onder welke vorm het…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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