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GLORA

Active
Private limited companyfounded 2018active for 8 yearsBeginnestraat(Mar) 5, 8510 Kortrijk, BelgiumKBO/BCE: BE 0699.671.391
Summary

GLORA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,526 and a net result of €30,979. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 32% of 427 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
GLORAActiveChecked score 89/100
Risk analysis ReportCompare

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
GLORA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Artikel 2” (deed in Dutch)

deed of 16-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, 1” (deed in Dutch)

deed of 16-11-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Geschreven stuk, gedragen door verzoekende aandeelhouder,pro rata bij meerdere” (deed in Dutch)

deed of 16-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Thursday of March at 20:00

deed of 16-11-2023

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

Other provision: “Meest ruime bevoegdheid om handelingen te stellen nodig of dienstig tot verwezenlijking voorwerp, bevoegdheden bestuursorgaan” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan kan dagelijks bestuur alsook vertegenwoordiging wat dat bestuur aangaat opdragen aan een of meer personen” (deed in Dutch)
Other provision: “Drie jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Oproepingen algemene vergadering, per e-mail” (deed in Dutch)
Other provision: “Bestemming winst-reserves, bestuursorgaan” (deed in Dutch)
2 more provisions in the deed, see the deed of 16-11-2023

deed of 16-11-2023

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