Equity
-€2,674
Debts exceed assets in financial year 2025.
GLOW
Lifetime
10 annual accounts with figures on one time axispeak €16,012 (2020)
-€1,915▲ €11,466
lowest -€16,832 (2024)
-€5,549▲ €11,284
peak €19,707 (2023)
-€2,674▼ €5,549
€16,658▼ 1.5%
Board1 name since 2015
1 director
Documentsfilings and deeds
07-04-202623 days before the deadline
2025micro format
Gross margin from -€13,381 to -€1,915Loss of €5,549Equity from €2,875 to -€2,674Cash from €4,426 to €395
Key points
from the 2025 annual accountsLosses
-€22,381 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€16,658 119% of the balance sheet
Suppliers 32%Taxes and wages 12%Other 56%
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,909 companies had the same profile as GLOW has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,909 companies, not a prediction for GLOW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0632798108
Registered office moved from Ixelles to Watermael-Boitsfort
New registered office: Rue de la Sapinière 1, 1170 Watermael-Boitsfort · Previous registered office: Rue César Franck, 59 à 1050 Ixelles · Board meeting of 28-06-2022 · Gazette deed
First establishment
Dennebosstraat 1, Watermael-Boitsfort
Incorporation
published on 30-06-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GLOW Watermael-Boitsfort | €13,983 | -€1,915 | -19.1% | - |
| EN PHASE Uccle | €16,568 | -€7,055 | 47.2% | - |
| Cool & Cute Boutersem | €10,977 | -€4,165 | -464.8% | - |
| POUPON Liège | €12,485 | -€1,821 | 20.3% | - |
| A Tastier Rhythm Leuven | €20,354 | -€9,792 | 27.3% | - |
| SPELTDOORN STUDIO Grez-Doiceau | €10,570 | -€9,743 | -30.1% | - |
| YOVA TECH DESIGN Lincent | €19,705 | -€1,863 | -80.2% | - |
These companies have the same main activity as GLOW: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €10,600 and €20,400, founded between 2008 and 2019.
Official details
Source: KBO- Status
- Active since 26-06-2015Normal situation
- Activity
- Photography, excluding press photographyNACE 74201and 2 others
- Establishment unit
- 2.243.792.9141170 Watermael-Boitsfort, since 01-07-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 11-02-2026
Annual accounts to 30-09-2025
- €13,983▼ 29.3%
- Filing
- Filed on 07-04-2026, 23 days before the end of the filing period
Insights on GLOW
GLOW files the micro format. That format states no turnover. The gross margin rose from -€15,280 in 2016 to -€1,915 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GLOW
- What is the company number of GLOW?
- The company number of GLOW is 0632.798.108. The VAT number is the same number with BE in front: BE 0632.798.108.
- Where is GLOW based?
- The registered office is at Dennebosstraat 1, 1170 Watermael-Boitsfort.Company details
- What does GLOW do?
- According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
- What is the legal form of GLOW?
- GLOW is a private limited company (pre-2019) (BVBA).
- When was GLOW founded?
- GLOW was founded on 26-06-2015.
- Is GLOW still active?
- Yes, GLOW is an active enterprise in the KBO register.
- What is the turnover of GLOW?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2019 turnover was €60,628.Financials
- Is GLOW profitable?
- In financial year 2025, GLOW made a loss of €5,549.
- Where can I find the annual accounts of GLOW?
- GLOW filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLOW due?
- GLOW must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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