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Glomarket

Active
Private limited companyfounded 201412 yrs activeQuastraat 6, 9270 Laarne, BelgiumKBO/BCE: BE 0550.525.676

Glomarket has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135k and a net result of €4k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
60 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+1
Solvency69▲+15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.24 in 2024; short-term debt: 55.8% and cash: 28.7% of total assets), but 55.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.2%
Return on assets
1.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
25 d late
2024
12 d late
2023
37 d early
2022
18 d early
2021
30 d early
2020
25 d early
2019
14 d early
← before the deadline after the deadline →
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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€135k▲ 3.3%
2024 · €131k
2018: €12k 2019: €30k 2020: €87k 2021: €92k 2022: €106k 2023: €136k 2024: €131k
2018 → 2025
Total assets
€306k▼ 33.3%
2024 · €459k
2018: €252k 2019: €269k 2020: €346k 2021: €343k 2022: €292k 2023: €466k 2024: €459k
2018 → 2025
Net result
€4k
2024 · €-5k
2018: €770 2019: €18k 2020: €56k 2021: €6k 2022: €14k 2023: €29k 2024: €-5k
2018 → 2025
Working capital
€99k▲ 26.1%
2024 · €78k
2018: €52k 2019: €66k 2020: €97k 2021: €69k 2022: €80k 2023: €107k 2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€92k-€106k▲ 14.9%€136k▲ 27.8%€131k▼ 3.4%€135k▲ 3.3%
Operating result€19k-€52k▲ 180%€51k▼ 2.6%€14k▼ 72.6%€21k▲ 48.8%
Net result€6k-€14k▲ 145%€29k▲ 114%€-5k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €19k€19kNet result 2021: €6k€6kOperating result 2022: €52k€52kNet result 2022: €14k€14kOperating result 2023: €51k€51kNet result 2023: €29k€29kOperating result 2024: €14k€14kNet result 2024: €-5k€-5kOperating result 2025: €21k€21kNet result 2025: €4k€4k20212022202320242025
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306k
Fixed assets €37k▼ 30.6%
Current assets €270k▼ 33.7%
Equity and liabilities €306k
Equity €135k▲ 3.3%
Debt €171k▼ 48.0%
The debt ratio falls from 71.5% to 55.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€40k
2024 · €34k
Cash flow
€23k
2024 · €16k
Solvency
44.2%
2024 · 28.5%
Current ratio
1.58
2024 · 1.24
Quick ratio
0.86
2024 · 0.25
Debt / equity
1.26
2024 · 2.50
ROE
3.2%
2024 · -3.5%
ROA
1.4%
2024 · -1.0%
Interest coverage
1.46
2024 · 1.70
Debt
€171k
2024 · €328k
Debt ≤ 1 year
€171k
2024 · €328k
Income taxes
€2k
2024 · €150
Staff costs
€70k
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€459k€306k
Fixed assets21/28€53k€37k
Intangible fixed assets21€50k€30k
Tangible fixed assets22/27€3k€6k
Plant, machinery and equipment23€2k€3k
Furniture and vehicles24€977€3k
Financial fixed assets28-€5
Current assets29/58€407k€270k
Stocks and contracts in progress3€326k€123k
Stocks30/36€326k€123k
Amounts receivable within one year40/41€42k€52k
Trade receivables40€19k€31k
Other amounts receivable41€23k€21k
Cash at bank and in hand54/58€36k€88k
Deferred charges and accrued income490/1€3k€7k
Equity and liabilities
Total equity and liabilities10/49€459k€306k
Equity10/15€131k€135k
Contributions10/11€20k€20k=
Reserves13€111k€115k
Distributable reserves133€111k€115k
Amounts payable17/49€328k€171k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€328k€171k
Current portion of amounts payable after more than one year42€3k€0
Financial debts43€45k€0
Credit institutions430/8€45k€0
Trade debts44€263k€151k
Suppliers440/4€263k€151k
Taxes, remuneration and social security45€16k€20k
Taxes450/3€9k€12k
Remuneration and social security454/9€8k€8k
Other amounts payable47/48-€184
Income statement Code20242025
Remuneration, social security and pensions62€57k€70k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k
Other operating charges640/8€800€19k
Gross operating margin9900€92k€128k
Operating profit (loss)9901€14k€21k
Financial income75/76B€2k€13k
Recurring financial income75€2k€13k
Financial charges65/66B€20k€27k
Recurring financial charges65€20k€27k
Profit (loss) for the period before taxes9903€-4k€7k
Income taxes67/77€150€2k
Profit (loss) for the period9904€-5k€4k
Profit (loss) for the period to be appropriated9905€-5k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€4k
Transfer from equity791/2€5k€0
Transfer to equity691/2€0€4k
To other reserves6921€0€4k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
12-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial Weakest financial yearnet €-5k ▼115%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €100kEq €106k ▲14.9%
5 profitable years in a row build equity to €106k.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €56k ▲210%
Operating result €67k, net result €56k, both a record.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are 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, Laarne · 2 establishment units since 2014
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Quastraat 69270 Laarne
Ground area
5,305 m²
Building footprint
2,143 m²
Volume, LiDAR
18,711 m³
3 parcels, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Glomarket
Quastraat 6A, 9270 LaarneManufacture of textiles
since 20142.230.034.750
Glomarket BV
Zwaarveld 34, 9220 Hamme (Vl.)Manufacture of textiles
since 20222.334.250.758
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42452C0174/00V000 Flanders 3,749 m² 1 · 1,939 m² 10.8 m · 3 fl.
42010B0161/00T000 Flanders 1,153 m² 1 · 118 m² 10.2 m · 2 fl.
42010B0161/00A002 Flanders 403 m² 1 · 86 m² 8.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 23,869 EUR awarded · 23,869 EUR paid
Year Entries awardedpaid
2025 1 10,000 EUR10,000 EUR
2024 1 0 EUR7,363 EUR
2023 1 10,363 EUR3,000 EUR
2022 1 3,506 EUR3,506 EUR
Schemes
Subsidies voor internationaal ondernemen
4 entries · 23,869 EUR · 23,869 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

254900MRMD8KUJEIJP52
live in the LEI register

Similar companies · same sector, comparable size

Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,470 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-04-2014
Fiscal year end31-12
Activities, NACEBEL
32990Other manufacturing not elsewhere classified
47120Other non-specialised retail sale
47910Retail trade
30920Manufacture of other transport equipment
46495Wholesale trade
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.