The computed 12-month bankruptcy probability of GLOVI-CONSTRUCTION is 5.1% (elevated). The 2025 annual accounts show equity of €25,612. Equity is shrinking by about 2.7% per year across the filed financial years. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
5.1%
Too few figures to score
Structure
Accounts filed 57 days late0 of 5 deeds read
Signalsraises riskLatest accounts 57 days late; 3 of the last 3 lateNo main activity registeredEx-officio strike-off in the KBOFounded in 2020Administrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
5.1%Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 8.4%12-2024: 9.5%▲ +1.1 percentage points vs 11-202401-2025: 12.1%▲ +2.6 percentage points vs 12-202402-2025: 12.1%● unchanged vs 01-202503-2025: 11.6%▼ -0.5 percentage points vs 02-202504-2025: 11.0%▼ -0.6 percentage points vs 03-202505-2025: 11.0%● unchanged vs 04-202506-2025: 10.9%▼ -0.1 percentage points vs 05-202507-2025: 10.9%● unchanged vs 06-202508-2025: 11.2%▲ +0.3 percentage points vs 07-202509-2025: 11.2%● unchanged vs 08-202510-2025: 14.4%▲ +3.2 percentage points vs 09-202511-2025: 24.2%▲ +9.8 percentage points vs 10-2025highest value12-2025: 24.2%● unchanged vs 11-2025highest value01-2026: 23.9%▼ -0.3 percentage points vs 12-202502-2026: 23.9%● unchanged vs 01-202603-2026: 23.9%● unchanged vs 02-202604-2026: 23.9%● unchanged vs 03-202605-2026: 23.9%● unchanged vs 04-202606-2026: 23.9%● unchanged vs 05-202607-2026: 23.9%● unchanged vs 06-202608-2026: 23.0%▼ -0.9 percentage points vs 07-202609-2026: 23.0%● unchanged vs 08-202610-2026: 5.1%▼ -17.9 percentage points vs 09-2026lowest value
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-09-2026, 57 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
This company filed its last 3 accounts on average 64 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 September (3 of the last 3 filed years within 30 days of that day).