GLORIEUS
ActiveGLORIEUS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €-3k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 15% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-2
Solvency29=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.68 in 2024; short-term debt: 47.8% and cash: 5.4% of total assets), and 95.6% 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 risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.4%
Return on assets
-0.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10289 sector peers (2025).
NBB · sector comparisonPosition among 10289 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
30 d early
2023
26 d early
2022
27 d early
2021
30 d early
2020
18 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€37k▼ 6.6%
2024 · €39k
2018: €21k
2019: €22k
2020: €42k
2021: €46k
2022: €43k
2023: €38k
2024: €39k
2018 → 2025
Total assets
€821k▼ 7.2%
2024 · €884k
2018: €238k
2019: €202k
2020: €214k
2021: €354k
2022: €693k
2023: €949k
2024: €884k
2018 → 2025
Net result
€-3k
2024 · €843
2018: €4k
2019: €744
2020: €20k
2021: €4k
2022: €-3k
2023: €-5k
2024: €843
2018 → 2025
Working capital
€-125k▲ 8.1%
2024 · €-136k
2018: €-76k
2019: €-38k
2020: €-8k
2021: €-28k
2022: €-96k
2023: €-153k
2024: €-136k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€43k▼ 7.0%€38k▼ 11.4%€39k▲ 2.2%€37k▼ 6.6%
Operating result€13k-€9k▼ 35.3%€13k▲ 52.4%€25k▲ 92.0%€20k▼ 21.5%
Net result€4k-€-3k€-5k▼ 50.7%€843€-3k
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 falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €821k
Fixed assets
€553k▼ 7.7%
Current assets
€268k▼ 6.0%
Equity and liabilities €821k
Equity
€37k▼ 6.6%
Debt
€784k▼ 7.2%
The debt ratio stays at 95.6%.
Key figures and ratios
EBITDA
€64k▼
2024 · €74k
Cash flow
€42k▼
2024 · €50k
Solvency
4.4%▲
2024 · 4.4%
Current ratio
0.68▲
2024 · 0.68
Quick ratio
0.54▲
2024 · 0.53
Debt / equity
21.47▼
2024 · 21.60
ROE
-7.1%▼
2024 · 2.2%
ROA
-0.3%▼
2024 · 0.1%
Interest coverage
3.26▼
2024 · 3.37
Debt
€784k▼
2024 · €845k
Debt ≤ 1 year
€393k▼
2024 · €421k
Debt > 1 year
€388k▼
2024 · €421k
Income taxes
€3k▼
2024 · €3k
Staff costs
€246k▲
2024 · €236k
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€884k€821k▼
Fixed assets21/28€599k€553k▼
Intangible fixed assets21€82-
Tangible fixed assets22/27€594k€548k▼
Land and buildings22€524k€500k▼
Plant, machinery and equipment23€25k€11k▼
Furniture and vehicles24€8k€23▼
Other tangible fixed assets26€37k€36k▼
Financial fixed assets28€5k€5k=
Current assets29/58€285k€268k▼
Stocks and contracts in progress3€60k€54k▼
Stocks30/36€60k€54k▼
Amounts receivable within one year40/41€173k€170k▼
Trade receivables40€87k€79k▼
Other amounts receivable41€86k€90k▲
Cash at bank and in hand54/58€44k€44k▼
Deferred charges and accrued income490/1€7k-
Equity and liabilities
Total equity and liabilities10/49€884k€821k▼
Equity10/15€39k€37k▼
Contributions10/11€19k€19k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-6k€-8k▼
Amounts payable17/49€845k€784k▼
Amounts payable after more than one year17€421k€388k▼
Financial debts170/4€421k€388k▼
Amounts payable within one year42/48€421k€393k▼
Current portion of amounts payable after more than one year42€36k€37k▲
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€130k€125k▼
Suppliers440/4€130k€125k▼
Taxes, remuneration and social security45€45k€45k▼
Taxes450/3€5k€5k▼
Remuneration and social security454/9€40k€40k▼
Other amounts payable47/48€85k€61k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Remuneration, social security and pensions62€236k€246k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€44k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k-
Other operating charges640/8€3k€5k▲
Gross operating margin9900€323k€315k▼
Operating profit (loss)9901€25k€20k▼
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€22k€20k▼
Recurring financial charges65€22k€20k▼
Profit (loss) for the period before taxes9903€4k€82▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€843€-3k▼
Profit (loss) for the period to be appropriated9905€843€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-8k▼
Profit (loss) brought forward from the previous period14P€-6k€-6k▲
Social balance
Average headcount (FTE)90877.17.1=
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
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €843
Net result €843 after 2 loss-making years.
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €20k ▲2584%
Operating result €36k, net result €20k, both a record.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2025
De Kegel Christine: Resigned as Director
25-10-2021
De Kegel Christine: Resigned as Director
25-10-2021
Glorieus Eric: Resigned as Director
Location & real-estate footprint
Registered office, Horebeke · 1 establishment unit since 2004
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.
Broekestraat 1079667 HorebekeGround area
350 m²
Building footprint
89 m²
Volume, LiDAR
524 m³
Parcel 45048A0862/00G000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GLORIEUS
since 20042.142.342.691
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45048A0862/00G000 | Flanders | 350 m² | 1 · 89 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 5 entries · 1,330 EUR awarded · 1,330 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 176 EUR | 176 EUR |
| 2023 | 2 | 843 EUR | 843 EUR |
| 2022 | 1 | 135 EUR | 135 EUR |
Schemes
Energiesteun 2 (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyHorebeke2.142.342.691
Similar companies · same sector, comparable size
A.LOMBAT
BE 0670.924.353
Ittre · Eq €36k
Tanishka
BE 0628.905.735
Nijlen · Eq €37k
't Groen Appeltje
BE 0451.923.196
Mortsel · Eq €37k
Spec_T
BE 0442.651.283
Hamme (Vl.) · Eq €36k
STAES DIRK
BE 0438.971.025
Beveren-Kruibeke-Zwijndrecht · Eq €36k
Of 3,830 companies in sector 47210 we hold annual accounts for 965. 777 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2004
Fiscal year end30-09
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47221Retail sale of meat and meat products, excluding game and poultry
47810Retail trade
52220
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
52111
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:055/499255