Skip to content

GLORIOUS GOODS

Active
Private limited companyfounded 201214 yrs activeNachtegaalstraat 89, 9870 Zulte, BelgiumKBO/BCE: BE 0842.805.086

GLORIOUS GOODS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 3476 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+28
Solvency47▲+22
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 6.17 against 2.74 in 2024; short-term debt: 13% and cash: 63.6% of total assets), but 77.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
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
22.1%
Return on assets
22.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 d early
2024
55 d early
2023
42 d early
2022
4 d early
2021
48 d early
2020
50 d early
2019
46 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
€15k
2024 · €-158
2018: €-425 2019: €-25k 2020: €-4k 2021: €-22k 2022: €-3k 2023: €-369 2024: €-158
2018 → 2025
Total assets
€69k▲ 41.7%
2024 · €49k
2018: €81k 2019: €30k 2020: €56k 2021: €40k 2022: €58k 2023: €40k 2024: €49k
2018 → 2025
Net result
€15k▲ 7,184%
2024 · €211
2018: €30k 2019: €-24k 2020: €21k 2021: €28k 2022: €24k 2023: €28k 2024: €211
2018 → 2025
Working capital
€46k▲ 109%
2024 · €22k
2018: €46k 2019: €21k 2020: €45k 2021: €28k 2022: €45k 2023: €33k 2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-22k-€-3k▲ 84.6%€-369▲ 88.9%€-158▲ 57.2%€15k
Operating result€30k-€27k▼ 12.5%€28k▲ 5.9%€610▼ 97.8%€17k▲ 2,673%
Net result€28k-€24k▼ 13.5%€28k▲ 15.1%€211▼ 99.2%€15k▲ 7,184%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €30k€30kNet result 2021: €28k€28kOperating result 2022: €27k€27kNet result 2022: €24k€24kOperating result 2023: €28k€28kNet result 2023: €28k€28kOperating result 2024: €610€610Net result 2024: €211€211Operating result 2025: €17k€17kNet result 2025: €15k€15k20212022202320242025
The operating result recovers in 2025; 2025 is 2,673% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets €14k▼ 1.0%
Current assets €55k▲ 58.6%
Equity and liabilities €69k
Equity €15k
Debt €54k
Debt finances 77.9% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21k
2024 · €3k
Cash flow
€19k
2024 · €3k
Solvency
22.1%
2024 · -0.3%
Current ratio
6.17
2024 · 2.74
Quick ratio
6.17
2024 · 2.74
Debt / equity
3.52
ROE
101.0%
ROA
22.4%
2024 · 0.4%
Interest coverage
14.15
2024 · 7.56
Debt
€54k
2024 · €49k
Debt ≤ 1 year
€9k
2024 · €13k
Debt > 1 year
€45k
2024 · €36k
Income taxes
€92
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€49k€69k
Fixed assets21/28€14k€14k
Intangible fixed assets21€1k€646
Tangible fixed assets22/27€13k€13k
Land and buildings22€2k€2k
Plant, machinery and equipment23€0€2k
Furniture and vehicles24€11k€10k
Current assets29/58€35k€55k
Amounts receivable within one year40/41€7k€9k
Trade receivables40€2k€4k
Other amounts receivable41€5k€5k
Cash at bank and in hand54/58€27k€44k
Deferred charges and accrued income490/1€867€3k
Equity and liabilities
Total equity and liabilities10/49€49k€69k
Equity10/15€-158€15k
Contributions10/11€33k€33k=
Profit (loss) carried forward14€-33k€-18k
Amounts payable17/49€49k€54k
Amounts payable after more than one year17€36k€45k
Financial debts170/4€36k€45k
Other amounts payable178/9€0-
Amounts payable within one year42/48€13k€9k
Trade debts44€1k€2k
Suppliers440/4€1k€2k
Taxes, remuneration and social security45€4k€7k
Taxes450/3€4k€7k
Other amounts payable47/48€8k€294
Accrued charges and deferred income492/3€30€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k
Other operating charges640/8€528€544
Non-recurring operating charges66A€273€0
Gross operating margin9900€4k€21k
Operating profit (loss)9901€610€17k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€399€1k
Recurring financial charges65€399€1k
Profit (loss) for the period before taxes9903€211€15k
Income taxes67/77-€92
Profit (loss) for the period9904€211€15k
Profit (loss) for the period to be appropriated9905€211€15k
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-18k
Profit (loss) brought forward from the previous period14P€-33k€-33k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity doublescurrent ratio 6.17
Current ratio from 2.74 to 6.17; short-term debt falls from €13k to €9k.
06-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €21k
Net result €21k after one loss-making year.
15-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-24k ▼179%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 7.89
Current ratio from 2.56 to 7.89; short-term debt falls from €30k to €3k.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Zulte · 1 establishment unit since 2012
establishment The establishment unit 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.

Nachtegaalstraat 899870 Zulte
Ground area
1,967 m²
Building footprint
246 m²
Volume, LiDAR
1,314 m³
Parcel 44081C0156/00M000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GLORIOUS GOODS
Nachtegaalstraat 89, 9870 ZulteUrban planning and landscape architecture
since 20122.206.209.768
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081C0156/00M000 Flanders 1,967 m² 1 · 246 m² 8.2 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.

Similar companies · same sector, comparable size

Of 3,842 companies in sector 74111 we hold annual accounts for 1,008. 430 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-01-2012
Fiscal year end31-12
Activities, NACEBEL
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
71113Urban planning and landscape architecture
73300Public relations and communication consultancy
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.