GLORION
The computed 12-month bankruptcy probability of GLORION is 0.8% (low). The 2025 annual accounts show equity of €334k and a net result of €120k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 52 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €334k |
| Net result | €120k |
| Staff (FTE) | 0.8 |
| Better than sector | 34% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.7% | 32.8% | |
| Net result | €120k | €24k | |
| Equity | €334k | €72k | |
| Gross operating margin | €305k | €50k | |
| Total assets | €1.54M | €409k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €286k |
| Net profit | €120k |
| Cash flow | €202k |
| Staff costs | €14k |
| Income taxes | €51k |
| Dividends | - |
| Total assets | €1.54M |
| Equity | €334k |
| Debt | €1.21M |
| of which ≤ 1y | €825k |
| of which > 1y | €383k |
| Working capital | €-142k |
| Employees (FTE) | 0.8 |
| 2025 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.83 |
| Working capital ratio | -9.2% |
| Solvency | 21.7% |
| Debt / equity | 3.62 |
| Long-term debt ratio | 1.15 |
| Interest coverage | 7.36 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.7% |
| ROE | 35.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.54M |
| Fixed assets | 21/28 | €859k |
| Tangible fixed assets | 22/27 | €856k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €684k |
| Amounts receivable within one year | 40/41 | €66k |
| Cash & bank | 54/58 | €617k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.54M |
| Equity | 10/15 | €334k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €77k |
| Accumulated profits (losses) | 14 | €251k |
| Amounts payable | 17/49 | €1.21M |
| Amounts payable after one year | 17 | €383k |
| Amounts payable within one year | 42/48 | €825k |
| Trade debts payable within one year | 44 | €718k |
| Income statement | ||
| Gross operating margin | 9900 | €305k |
| Operating result | 9901 | €203k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €39k |
| Result before taxes | 9903 | €170k |
| Income taxes | 67/77 | €51k |
| Net result for the period | 9904 | €120k |
| Result to be appropriated | 9905 | €120k |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2015 |
| Status | Active |
| Postal code | 1654 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23035A0686/00S002 | Flanders | 5,870 m² | 1 · 359 m² | - |
| 23046C0278/00K002 | Flanders | 117 m² | 1 · 105 m² | 10.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-07-2024 Registered office moved from Beersel to Huizingen
- Jozef Huysmanslaan 41, 1651 Beersel → Neerdorp 12, 1654 Huizingen
Technical details
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"decision": {
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"date": "2024-04-01",
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},
"co_filed_documents": []
}06-11-2023 1 director appointed, 1 resigning
- TURCANU Ion, Bestuurder
- TURCANU Ion, Bestuurder
Technical details
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"reason": "de_plein_droit_dissolution",
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"statutory": "statutair",
"compensated": false,
"effective_date": "2023-10-23",
"evidence_quote": "De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn, hun bevoegdheid.",
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"statutory": "niet_statutair",
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"effective_date": "2023-10-23",
"evidence_quote": "De algemene vergadering besluit de huidige bestuurder, hierna vermeld, ontslag te geven uit hun functie en gaat onmiddellijk over tot hun herbenoeming als niet-statutair bestuurder voor een onbepaalde duur:",
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"reason": null,
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"statutory": "statutair",
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende bestuurder(s) voor de uitoefening van zijn/hun mandaat.",
"decharge_status": "granted",
"mandate_duration": {
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"rep_rotation_new_rep": null,
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],
"notary": {
"name": "Lode Leemans",
"firm_city": null,
"firm_name": null,
"office_city": "Sint-Pieters-Leeuw",
"is_associated": false
},
"act_meta": {
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"pub_date": "2023-11-06",
"filing_date": "2023-10-31",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-10-23",
"unanimous": null
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],
"is_correction": false,
"subject_company": {
"kbo": "0644.806.411",
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"publication_proxy": {
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},
"co_filed_documents": [
"uitgifte van de akte"
],
"corrected_publication_numac": null
}30-05-2023 Restructuring of share classes
Technical details
{
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"n_shares_subscribed": 176,
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],
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"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
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],
"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": "Luik",
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"act_date": "2023-04-03",
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"under_authorized_capital": false,
"underlying_resolution_date": "2023-04-03"
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"bedrijfsrevisor": null,
"subject_company": {
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],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | GLORION |