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 2.2% (moderate). The 2025 annual accounts show equity of €24,512 and a net result of -€37,488. Its solvency ranks better than 14% of 1,022 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
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Largest shareholder
Group GL · 50%
Board
5 members
2025 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
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)
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: 2.2%▲ +0.2 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 23-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €405,413
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €24,512 (6.0% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1022 sector peers (2025).
NBB · sector comparison
Position among 1022 sector peers
Solvency
better than 14%
← 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 filing
Deviation from the deadline
2025
23 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. IncorporationAppointments: LENAERS John, LENAERS Ghislain…

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: 2.2% 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 497,474 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% 0.9%
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 29,234 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,163. 12,169 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.

Directors

Directors
under verification, no change since 2025
This board is reconstructed from a single act (25325862). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 5

LENAERS Ghislain Frederic
Director · since 14-04-2025
Current
LENAERS John
Director · since 14-04-2025
Current
SOM BEHEERSMAATSCHAPPIJ
Director · since 14-04-2025 · Private limited company · permanent representative: SOMERS Danny
Current
VERCAMMEN IVO
Director · since 14-04-2025 · Private limited company
Current
SOM BEHEERSMAATSCHAPPPIJ
Director · since 14-04-2025 · Legal entity · from a recent deed
Current

Permanent representatives 1

SOMERS Danny
Permanent representative · since 14-04-2025 · for SOM BEHEERSMAATSCHAPPIJ
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

5 people since 2025, 5 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
LENAERS Ghislain Frederic
  • Director, from 14-04-2025 to date
LENAERS John
  • Director, from 14-04-2025 to date
SOM BEHEERSMAATSCHAPPIJ
  • Director, from 14-04-2025 to date
SOM BEHEERSMAATSCHAPPPIJfrom an act
  • Director, from 14-04-2025 to date
VERCAMMEN IVO
  • Director, from 14-04-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

According to the 2025 annual accounts of GLOM Construct and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 14-04-2025 ↗
  • GROUP GL (BE 0808.091.657) 310 shares (50%) · €31,000
  • ID Vastgoed (BE 0642.645.487) 310 shares (50%) · €31,000

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 14-04-2025 Incorporation · €62,000 · 620 shares

Group and network

Connections & network

14 connected companies
Linked via shared directors
BEST INVESTS
Shared corporate director
→
BISE
Shared corporate director
→
Bongerd Vastgoed
Shared corporate director
→
Carnegie Projects
Shared corporate director
→
Show 10 more companies with a shared director
CNTR St-Truiden
Shared corporate director
→
CONVITA
Shared corporate director
→
DE SLEUTEL
Shared corporate director
→
ER² INVESTMENTS
Shared corporate director
→
GREEN GOLF DEVELOPMENT
Shared corporate director
→
GREEN GOLF REAL ESTATE
Shared corporate director
→
HOF VAN SCHOOFS
Shared corporate director
→
IMMO BRUSSEL
Shared corporate director
→
INITIO PROJECTS
Shared corporate director
→
SPECIAL BUILDING PROJECTS
Shared corporate director
→

History

GLOM Construct was incorporated on 10 April 2025 as a public limited company by GROUP GL and ID Vastgoed, with a starting capital of €62,000.12 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-04-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
08-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
14-04
Gazette deed Incorporation
Appointments: LENAERS John, LENAERS Ghislain Frederic and 2 others · Permanent representatives: SOMERS Danny and VERCAMMEN Ivo · Registered office clause16 facts ▸
  • Registered office clause, “3530 Houthalen-Helchteren,Centrum Zuid 3053” (deed in Dutch)
  • Board rule, 4
  • Director appointment, LENAERS John (director)
  • Director appointment, LENAERS Ghislain Frederic (director)
  • Director appointment, SOM BEHEERSMAATSCHAPPPIJ (director)
  • Director appointment, VERCAMMEN IVO (director)
  • Permanent representative, SOMERS Danny
  • Permanent representative, VERCAMMEN Ivo
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen daaruit en alle activiteiten sinds 2025-01-01” (deed in Dutch)
  • Founder, GROUP GL
  • Founder, ID Vastgoed
  • Incorporation, “GLOM Construct” (deed in Dutch)
  • +4 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPublic limited company
Founded10-04-2025
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68110Buying and selling of own real estate
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1022194017
Registered 16-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1022.194.017

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
8,651 m²
Building footprint
4,261 m²
Building volume
23,835 m³
Parcel 72015C0713/00R000, Flanders · tallest building 6.9 m. Linked by address, not a title deed.
29 companies at this address See who is registered here
1 establishment unit
GLOM Construct
Centrum-Zuid 3053, 3530 Houthalen-HelchterenGeneral construction of residential buildings
since 2025unit no. 2.372.680.772
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
72015C0713/00R000 Flanders 8,651 m² 1 · 4,261 m² 6.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De verwerving en het aanhouden voor eigen rekening van participaties,onder welke vorm het ook zij,in de oprichting,ontwikkeling,omvorming en…” (deed in Dutch)
12 activities (deed in Dutch)
  1. De verwerving en het aanhouden voor eigen rekening van participaties,onder welke vorm het ook zij,in de oprichting,ontwikkeling,omvorming en controle van om het even welke ondernemingen,Belgische of buitenlandse,commerciële,industriële of andere vennootschappen. Zij kan deze participaties beheren,te gelde maken en valoriseren,onder meer door deel te nemen aan het bestuur van de ondernemingen waarin zij participeert.
  2. Aangaande onroerende goederen: de verwerving,de vervreemding,het in leasing geven en nemen,het beheer,de uitbating,de valorisatie,de verkaveling,de ordening,de huur en de verhuur,het doen bouwen en het verbouwen,het nemen en afstaan van optierechten terzake het kopen ervan,het uitgeven van vastgoedcertificaten; gereglementeerde vastgoedvennootschappen of soortgelijke beleggingsinstrumenten en uitvoeren van expertises,het verlenen en verwerven van vruchtgebruik,van rechten van opstal,en erfpacht en alle andere bestaande zakelijke rechten.
  3. Het huren en verhuren,de aankoop en verkoop van roerende goederen.
  4. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren. In dit kader mag de vennootschap zich tevens borgstellen en onroerende goederen in pand geven of hypothekeren voor verbintenissen door derde personen aangegaan. Zij mag eveneens al haar goederen,met inbegrip van het handelsfonds,in pand geven en aval verlenen in het voordeel van derden. Zij mag tevens alle financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatie-ondernemingen.
  5. Het verlenen aan de ondernemingen waarin zij deelnemen en aan derden,al dan niet bezoldigd,van alle bijstand,hetzij technisch,industrieel,commercieel of administratief,hetzij op het vlak van algemeen beheer of financieel. Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar voorwerp verband houden,het voeren van het dagelijks management van vennootschappen.
  6. Hieronder wordt onder meer vervat: organisatie en planning van het productieproces,de logistieke afhandeling en de kwaliteitscontrole; het bepalen van het aan- en verkoopbeleid,onderhandelen met leveranciers en klanten; het verbeteren en op punt stellen van de administratieve en financiële organisatie.
  7. Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen: in de meest ruime betekenis het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborgplaatsing,verhandeling,of anderszins,alsmede het verwezenlijken door intekening van om het even welke verrichtingen inzake portefeuille- of kapitaalbeheer.
  8. De verwerving voor eigen rekening van eender welke titels,rechten,onderschrijving,intekening,waarborg,koop,aankoop-optie,verhandeling,of op iedere andere wijze.
  9. Het beheer van beleggingen en vermogens voor eigen rekening.
  10. Tussenpersoon in de handel als makelaar in goederen,als zelfstandige handelsvertegenwoordiger en als commissionair.
  11. Het optreden als vereffenaar of bestuurder in andere vennootschappen.
  12. De groot en kleinhandel,de invoer van vloeibare koolwaterstoffen bestemd voor het voortbewegen van motorvoertuigen op de openbare weg en de verhuur van installaties voor de uitvoering van deze activiteiten.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GLOM Construct
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bestuursorgaan kan administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten of opheffen in België…” (deed in Dutch)

deed of 14-04-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 21: Vertegenwoordiging van de vennootschap De vennootschap wordt ten overstaan van derden, voor het gerecht en in de akten, met…”
Board ruleHow the board is made up, meets and takes decisions.
“4, twee_uit_lijst_A-aandeelhouders,twee_uit_lijst_B-aandeelhouders” (deed in Dutch)

deed of 14-04-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 16:00

deed of 14-04-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Één of meer vereffenaars, algemene vergadering bepaalt” (deed in Dutch)
1 more provision on this in the deed

deed of 14-04-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bevoegdheden raad van bestuur, alle handelingen nodig of dienstig voor voorwerp” (deed in Dutch)
Other provision: “Dagelijks bestuur, alleen of gezamenlijk zoals raad bepaalt” (deed in Dutch)
Other provision: “Stemrecht, elk een stem” (deed in Dutch)
Other provision: “Volmachten algemene vergadering, schriftelijk aan andere aandeelhouder om te vertegenwoordigen en te stemmen” (deed in Dutch)
Other provision: “Algemene vergadering beraadslaging besluitvorming, voorzitter,secretaris,stemopnemers” (deed in Dutch)
Other provision: “Jaarvergadering bij gewone meerderheid op voorstel bestuursorgaan, bestemming winst” (deed in Dutch)
Other provision: “Overgangsbepalingen uitwerking, eenparigheid comparanten” (deed in Dutch)
Other provision: “Op naam, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven met respectievelijke rechten” (deed in Dutch)
6 more provisions in the deed, see the deed of 14-04-2025

deed of 14-04-2025