Glorius
ActiveSummary
The annual accounts of Glorius for financial year 2025 show a net loss of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €14,498 and a net result of -€117,424. Equity is shrinking by about 38% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 10% of 2,066 sector peers (NACE 01, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Glorius
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 8650 Houthulst/Merkem,Melanedreef 24” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00