GLORY.G
ActiveSummary
The computed 12-month bankruptcy probability of GLORY.G is 3.4% (moderate). The 2025 annual accounts show negative equity (-€19,387) and a net result of €8,510. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 13617 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+37
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.33 in 2024; short-term debt: 219.7% and cash: 0% of total assets), and equity is negative.
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Signals
Six 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-137.4%
Return on assets
60.3%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 13617 sector peers (2025).
NBB · sector comparisonPosition among 13617 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
30 d late
2022
11 d late
2021
16 d late
2020
26 d late
2019
40 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€54,779▼ 4.7%
2020 · €57,511
EBIT margin
-32.2%▲ 12.6pp
2020 · -44.8%
Net result
€8,510
2024 · -€1,411
Working capital
-€22,665▲ 39.7%
2024 · -€37,559
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€54,779▼ 4.7%
Operating result-€17,617▲ 31.6%€524€5,197▲ 891%-€848€9,023
Net result-€18,017below the sector's middle half▲ 34.9%€80within the sector's middle half€4,639within the sector's middle half▲ 5,678%-€1,411within the sector's middle half€8,510within the sector's middle half
EBIT margin-32.2%▲ 12.6pp
Equity-€31,204below the sector's middle half▼ 137%-€31,124below the sector's middle half▲ 0.3%-€26,485below the sector's middle half▲ 14.9%-€27,896below the sector's middle half▼ 5.3%-€19,387below the sector's middle half▲ 30.5%
Total assets€56,335within the sector's middle half▲ 183%€46,223within the sector's middle half▼ 17.9%€19,023below the sector's middle half▼ 58.8%€29,477below the sector's middle half▲ 55.0%€14,113below the sector's middle half▼ 52.1%
Debt€87,539▲ 164%€77,347▼ 11.6%€45,508▼ 41.2%€57,373▲ 26.1%€33,500▼ 41.6%
Working capital-€36,195below the sector's middle half▼ 84.9%-€49,180below the sector's middle half▼ 35.9%-€40,028below the sector's middle half▲ 18.6%-€37,559below the sector's middle half▲ 6.2%-€22,665within the sector's middle half▲ 39.7%
Solvency-55.4%below the sector's middle half▲ 10.8pp-67.3%below the sector's middle half▼ 11.9pp-139.2%below the sector's middle half▼ 71.9pp-94.6%below the sector's middle half▲ 44.6pp-137.4%below the sector's middle half▼ 42.7pp
Current ratio0.59within the sector's middle half▲ 0.180.36below the sector's middle half▼ 0.220.12below the sector's middle half▼ 0.240.33below the sector's middle half▲ 0.210.27below the sector's middle half▼ 0.06
Return on assets (ROA)-32.0%below the sector's middle half▲ 107.0pp0.2%within the sector's middle half▲ 32.2pp24.4%above the sector's middle half▲ 24.2pp-4.8%within the sector's middle half▼ 29.2pp60.3%above the sector's middle half▲ 65.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9,023 after a loss of €848 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14,113
Fixed assets
€5,778 ▼ 47.1%
Current assets
€8,336 ▼ 55.1%
Key figures and ratios
EBITDA
€14,159▲
2024 · €4,110
Cash flow
€13,645▲
2024 · €3,547
Quick ratio
0.18▼
2024 · 0.27
Debt to equity
-1.73▲
2024 · -2.06
Interest coverage
80.90▲
2024 · 40.08
Debt ≤ 1 year
€31,000▼
2024 · €56,123
Income taxes
€353▼
2024 · €461
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €54,779 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €75,245 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €356 | €8,126 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,393 | €4,494 | €4,513 | €4,958 | €5,135 | ▲ 3.6% |
| Other operating charges640/8 | €522 | €3,734 | €2,622 | €2,739 | €10,572 | ▲ 286% |
| Non-recurring operating charges66A | - | - | - | - | €6,999 | - |
| Gross operating margin9900 | -€15,346 | €16,877 | €12,332 | €6,849 | €31,730 | ▲ 363% |
| Operating profit (loss)9901 | -€17,617 | €524 | €5,197 | -€848 | €9,023 | ▲ 1,164% |
| Financial income75/76B | €3 | €0 | €87 | €0 | €15 | - |
| Recurring financial income75 | €3 | €0 | €87 | €0 | €15 | - |
| Financial charges65/66B | €45 | €0 | €201 | €103 | €175 | ▲ 70.7% |
| Recurring financial charges65 | €45 | €0 | €201 | €103 | €175 | ▲ 70.7% |
| Profit (loss) for the period before taxes9903 | -€17,659 | €524 | €5,083 | -€950 | €8,863 | ▲ 1,033% |
| Income taxes67/77 | €358 | €444 | €444 | €461 | €353 | ▼ 23.3% |
| Profit (loss) for the period9904 | -€18,017 | €80 | €4,639 | -€1,411 | €8,510 | ▲ 703% |
| Profit (loss) for the period to be appropriated9905 | -€18,017 | €80 | €4,639 | -€1,411 | €8,510 | ▲ 703% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €56,335 | €46,223 | €19,023 | €29,477 | €14,113 | ▼ 52.1% |
| Fixed assets21/28 | €4,991 | €18,056 | €13,543 | €10,913 | €5,778 | ▼ 47.1% |
| Tangible fixed assets22/27 | €4,391 | €17,456 | €12,943 | €10,313 | €5,178 | ▼ 49.8% |
| Plant, machinery and equipment23 | €1,691 | €1,230 | €768 | €2,190 | €1,107 | ▼ 49.5% |
| Furniture and vehicles24 | - | €14,067 | €10,555 | €7,043 | €3,531 | ▼ 49.9% |
| Other tangible fixed assets26 | €2,700 | €2,160 | €1,620 | €1,080 | €540 | ▼ 50.0% |
| Financial fixed assets28 | €600 | €600 | €600 | €600 | €600 | = |
| Current assets29/58 | €51,345 | €28,167 | €5,480 | €18,564 | €8,336 | ▼ 55.1% |
| Stocks and contracts in progress3 | €4,853 | €3,694 | €3,939 | €3,486 | €2,906 | ▼ 16.6% |
| Stocks30/36 | €4,853 | €3,694 | €3,939 | €3,486 | €2,906 | ▼ 16.6% |
| Amounts receivable within one year40/41 | €46,463 | €16,025 | €1,199 | €14,493 | €5,428 | ▼ 62.5% |
| Trade receivables40 | €36,475 | €16,025 | €1,199 | €14,493 | €4,763 | ▼ 67.1% |
| Other amounts receivable41 | €9,988 | €0 | - | - | €665 | - |
| Cash at bank and in hand54/58 | €29 | €8,448 | €342 | €38 | €2 | ▼ 95.6% |
| Deferred charges and accrued income490/1 | - | - | - | €547 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €56,335 | €46,223 | €19,023 | €29,477 | €14,113 | ▼ 52.1% |
| Equity10/15 | -€31,204 | -€31,124 | -€26,485 | -€27,896 | -€19,387 | ▲ 30.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €283 | €283 | €283 | €283 | €283 | = |
| Non-distributable reserves130/1 | €283 | €283 | €283 | €283 | €283 | = |
| Reserves not available under the articles1311 | €283 | €283 | €283 | €283 | €283 | = |
| Profit (loss) carried forward14 | -€50,087 | -€50,007 | -€45,368 | -€46,779 | -€38,270 | ▲ 18.2% |
| Amounts payable17/49 | €87,539 | €77,347 | €45,508 | €57,373 | €33,500 | ▼ 41.6% |
| Amounts payable within one year42/48 | €87,539 | €77,347 | €45,508 | €56,123 | €31,000 | ▼ 44.8% |
| Trade debts44 | €17,639 | €13,105 | €1,736 | €48,456 | €14,848 | ▼ 69.4% |
| Suppliers440/4 | €17,639 | €13,105 | €1,736 | €48,456 | €14,848 | ▼ 69.4% |
| Taxes, remuneration and social security45 | €574 | €1,912 | €5,794 | €3,691 | €4,916 | ▲ 33.2% |
| Taxes450/3 | €462 | €1,633 | €5,528 | €3,691 | €4,916 | ▲ 33.2% |
| Remuneration and social security454/9 | €112 | €279 | €266 | €0 | - | - |
| Other amounts payable47/48 | €69,326 | €62,330 | €37,978 | €3,977 | €11,236 | ▲ 183% |
| Accrued charges and deferred income492/3 | - | - | - | €1,250 | €2,500 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,017 | €80 | €4,639 | -€1,411 | €8,510 | ▲ 703% |
| + Depreciation and write-downs630 | €1,393 | €4,494 | €4,513 | €4,958 | €5,135 | ▲ 3.6% |
| Operating cash flow (approximation) | -€16,624 | €4,574 | €9,151 | €3,547 | €13,645 | ▲ 285% |
| Investment in fixed assets (approximation) | - | -€17,559 | €0 | -€2,328 | €0 | ▲ 100% |
| Change in cash | - | €8,420 | -€8,106 | -€304 | -€37 | ▲ 88.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €8,510
Net result €8,510 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Back to profitnet €80
Net result €80 after 4 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€27,691
Net result drops to -€27,691, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
08-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 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, Sint-Joost-ten-Node · 1 establishment unit since 2006
Ground area
133 m²
Building footprint
133 m²
Volume, LiDAR
1,903 m³
Parcel 21014A0435/03E004, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Dwarsstraat 31A, 1210 Sint-Joost-ten-Node
since 20062.156.902.688
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0435/03E004 | Brussels | 133 m² | 1 · 133 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 siteSint-Joost-ten-Node2.156.902.688
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Of 14,001 companies in sector 56301 we hold annual accounts for 4,896. 3,826 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-07-2006
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
Contact
Phone
0487/262093Sint-Joost-ten-Node
E-invoicing
Reachable via Peppol
Peppol ID
0208:0882783142
Also
9925:BE0882783142
Registered
19-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.