Gloreca
BankruptcyThe KBO register records for Gloreca the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-227k) and a net result of €10k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 18939 sector peers (2024).
NBB · sector comparisonPosition among 18939 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
28 d late
2022
on the day
2021
10 d late
2020
37 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-227k▲ 4.4%
2023 · €-238k
2018: €9k
2019: €23k
2020: €30k
2021: €15k
2022: €-57k
2023: €-238k
2018 → 2024
Total assets
€138k▼ 82.0%
2023 · €769k
2018: €163k
2019: €650k
2020: €753k
2021: €901k
2022: €855k
2023: €769k
2018 → 2024
Net result
€10k
2023 · €-180k
2018: €3k
2019: €2k
2020: €7k
2021: €-15k
2022: €-72k
2023: €-180k
2018 → 2024
Working capital
€-264k▲ 46.8%
2023 · €-497k
2018: €-58k
2019: €-66k
2020: €-74k
2021: €-264k
2022: €-334k
2023: €-497k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€30k-€15k▼ 50.2%€-57k€-238k▼ 316%€-227k▲ 4.4%
Operating result€37k-€11k▼ 70.9%€-44k€-148k▼ 236%€45k
Net result€7k-€-15k€-72k▼ 376%€-180k▼ 150%€10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €45k after a loss of €148k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€40k▼ 94.5%
Current assets
€98k▲ 120%
Key figures and ratios
EBITDA
€65k▲
2023 · €-73k
Cash flow
€31k▲
2023 · €-105k
Solvency
-164.5%▼
2023 · -30.9%
Current ratio
0.27▲
2023 · 0.08
Quick ratio
0.27▲
2023 · 0.07
Debt / equity
-1.61▲
2023 · -4.24
ROA
7.5%▲
2023 · -23.5%
Interest coverage
1.92▲
2023 · -2.24
Debt
€365k▼
2023 · €1.01M
Debt ≤ 1 year
€363k▼
2023 · €542k
Debt > 1 year
€3k▼
2023 · €458k
Income taxes
€686▲
2023 · €605
Staff costs
€427k▼
2023 · €467k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€769k€138k▼
Fixed assets21/28€724k€40k▼
Intangible fixed assets21€974€538▼
Tangible fixed assets22/27€723k€39k▼
Land and buildings22€665k€0▼
Plant, machinery and equipment23€29k€22k▼
Furniture and vehicles24€22k€13k▼
Leasing and similar rights25€2k€270▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€400€400=
Current assets29/58€45k€98k▲
Stocks and contracts in progress3€5k€1k▼
Stocks30/36€5k€1k▼
Amounts receivable within one year40/41€19k€63k▲
Trade receivables40€12k€3k▼
Other amounts receivable41€8k€60k▲
Cash at bank and in hand54/58€17k€22k▲
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€769k€138k▼
Equity10/15€-238k€-227k▲
Contributions10/11€19k€19k=
Reserves13€12k€12k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-268k€-257k▲
Amounts payable17/49€1.01M€365k▼
Amounts payable after more than one year17€458k€3k▼
Financial debts170/4€402k€0▼
Other amounts payable178/9€57k€3k▼
Amounts payable within one year42/48€542k€363k▼
Current portion of amounts payable after more than one year42€40k€33k▼
Financial debts43€18€20▲
Credit institutions430/8€18-
Other loans439-€20
Trade debts44€185k€89k▼
Suppliers440/4€185k€89k▼
Taxes, remuneration and social security45€155k€147k▼
Taxes450/3€61k€25k▼
Remuneration and social security454/9€94k€122k▲
Other amounts payable47/48€162k€93k▼
Accrued charges and deferred income492/3€7k€0▼
Income statement
Code20232024
Non-recurring operating income76A-€157k
Remuneration, social security and pensions62€467k€427k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€21k▼
Other operating charges640/8€12k€22k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€406k€517k▲
Operating profit (loss)9901€-148k€45k▲
Financial income75/76B€344€324▼
Recurring financial income75€344€324▼
Financial charges65/66B€32k€34k▲
Recurring financial charges65€32k€34k▲
Profit (loss) for the period before taxes9903€-180k€11k▲
Income taxes67/77€605€686▲
Profit (loss) for the period9904€-180k€10k▲
Profit (loss) for the period to be appropriated9905€-180k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-268k€-257k▲
Profit (loss) brought forward from the previous period14P€-87k€-268k▼
Social balance
Average headcount (FTE)908727.8-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-180k
Net result drops to €-180k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 2 establishment units since 2017
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.
Eglantierlaan 662020 AntwerpenGround area
292 m²
Building footprint
270 m²
Volume, LiDAR
4,019 m³
2 parcels, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Gloreca
since 20172.262.932.301
Pain Pidou
since 20172.270.175.726
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11812M0094/00_000 | Flanders | 149 m² | 1 · 129 m² | 16.9 m · 5 fl. |
| 11051B0237/00F015 | Flanders | 142 m² | 1 · 142 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.270.175.726
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 8,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-03-2017
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
47241Retail sale of bread and pastry (bakery outlets)
55204Guest rooms (bed and breakfast)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.