Skip to content

GLOM Construct

Active
Public limited companyfounded 2025active for 1 yearCentrum-Zuid 3053, 3530 Houthalen-Helchteren, Belgium29 active companies are registered at this addressKBO/BCE: BE 1022.194.017
Summary

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 14% of 1,018 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.

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€37,488
Working capital
€24,512
Balance-sheet composition
Equity and liabilities €405,413
Equity €24,512
Debt €380,901
Debt finances 94.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€31,906
Cash flow
-€33,319
Current ratio
1.06
Quick ratio
0.35
Debt to equity
15.54
ROE
-152.9%
ROA
-9.2%
Interest coverage
-22.58
Debt ≤ 1 year
€380,901

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 95.7% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
95.7% still going

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€405,413
Current assets29/58€405,413
Stocks and contracts in progress3€272,817
Stocks30/36€272,817
Amounts receivable within one year40/41€85,721
Trade receivables40€375
Other amounts receivable41€85,346
Cash at bank and in hand54/58€46,874
Equity and liabilities
Total equity and liabilities10/49€405,413
Equity10/15€24,512
Contributions10/11€62,000
Capital10€62,000
Issued capital100€62,000
Profit (loss) carried forward14-€37,488
Amounts payable17/49€380,901
Amounts payable within one year42/48€380,901
Trade debts44€241,841
Suppliers440/4€241,841
Advances received on contracts in progress46€78,175
Other amounts payable47/48€60,885
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,170
Other operating charges640/8€8,301
Gross operating margin9900-€23,605
Operating profit (loss)9901-€36,076
Financial charges65/66B€1,413
Recurring financial charges65€1,413
Profit (loss) for the period before taxes9903-€37,488
Profit (loss) for the period9904-€37,488
Profit (loss) for the period to be appropriated9905-€37,488
Appropriation of the result
Profit (loss) to be appropriated9906-€37,488

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,170
Other operating charges640/8€8,301
Gross operating margin9900-€23,605
Operating profit (loss)9901-€36,076
Financial charges65/66B€1,413
Recurring financial charges65€1,413
Profit (loss) for the period before taxes9903-€37,488
Profit (loss) for the period9904-€37,488
Profit (loss) for the period to be appropriated9905-€37,488
Line2025
Assets
Total assets20/58€405,413
Current assets29/58€405,413
Stocks and contracts in progress3€272,817
Stocks30/36€272,817
Amounts receivable within one year40/41€85,721
Trade receivables40€375
Other amounts receivable41€85,346
Cash at bank and in hand54/58€46,874
Equity and liabilities
Total equity and liabilities10/49€405,413
Equity10/15€24,512
Contributions10/11€62,000
Capital10€62,000
Issued capital100€62,000
Profit (loss) carried forward14-€37,488
Amounts payable17/49€380,901
Amounts payable within one year42/48€380,901
Trade debts44€241,841
Suppliers440/4€241,841
Advances received on contracts in progress46€78,175
Other amounts payable47/48€60,885
Line2025
Profit (loss) for the period9904-€37,488
+ Depreciation and write-downs630€4,170
Operating cash flow (approximation)-€33,319

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 full format 08-07-2026 2026-00275022

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,154. 12,162 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.