Glow Wellness
ActiveSummary
Glow Wellness has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €195,985. Equity has been growing by about 33% per year since 2019. Its solvency ranks better than 88% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 15-12-1998 Normal situation
- Activity
- Joinery installation NACE 43320and 2 others
- Establishment units
- 2.089.770.869 8500 Kortrijk, since 24-12-1998
- 2.089.770.968 8500 Kortrijk, since 14-02-2002
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €788,621
- ▼ 28.1%
- Turnover
- ≈ €2.3m
- estimated
- Profit
- €195,985
- ▼ 48.8%
- Equity
- €1.7m
- ▲ 13.3%
- Total assets
- €2.1m
- ▲ 3.0%
- Employees on 30-09-2025
- 7
- ▲ 16.7%
Score breakdownlowers riskEquity €1.7m (80.8% of total assets)Liquidity: current ratio 5.01, cash €359,484Founded in 1998Profit of €195,985 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 65% on liquidity, 61% on profitability and 60% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: More equity than 93% of companies in specialised constructionsector median €251,285 · 9,911 companies €1.7m View
- Caution: Result fell in 2025from €382,910 to €195,985 ▼ 48.8% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €195,985 7 years View
Recent changes
- · Gazette deed 2 directors resigning, 2 directors reappointedResignations: Braet Luc (director) and Vanderougstraete Stephanie (director) · Reappointments: Braet Luc (director) and Vanderougstraete Stephanie (director) · Director discharge: Braet Luc
- · Gazette deed 1 director appointed, 2 directors reappointedReappointments: Luc BRAET (director) and Stéphanie VANDEROUGSTRAETE (director) · Appointment: Luc BRAET (chair and managing director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Glow Wellness: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.7m and €2.3m, founded between 1997 and 2002.
| Company | Total assets | Gross margin |
|---|---|---|
| Glow Wellness Kortrijk | €2.1m | €0.8m |
| HORNICUB Brugge | €1.9m | €0.7m |
| KUSTERS Schilde | €2.0m | €0.8m |
| AC 2010 Jemeppe-sur-Sambre | €2.3m | €0.7m |
| Trappen Lauwers Kasterlee | €1.7m | €0.7m |
| LECOQ & LECOQ Arlon | €2.1m | €0.8m |
| KUBOMAT As | €2.2m | €0.7m |
Key facts about Glow Wellness
- What is the company number of Glow Wellness?
- The company number of Glow Wellness is 0464.731.552. The VAT number is the same number with BE in front: BE 0464.731.552.
- Where is Glow Wellness based?
- The registered office is at Gentsesteenweg 1, 8500 Kortrijk.Company details
- What does Glow Wellness do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Glow Wellness?
- The legal form of Glow Wellness is Public limited company (NV).
- When was Glow Wellness founded?
- Glow Wellness was founded on 15-12-1998.
- Is Glow Wellness still active?
- Yes, Glow Wellness is an active enterprise in the KBO register.
- How many employees does Glow Wellness have?
- Glow Wellness had an average of 7.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Glow Wellness?
- The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €788,621 and 40 comparable companies (NACE 433). It probably lies between €1.7m and €2.9m.
- Is Glow Wellness profitable?
- In financial year 2025, Glow Wellness made a profit of €195,985.
- Where can I find the annual accounts of Glow Wellness?
- Glow Wellness filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Glow Wellness due?
- Glow Wellness must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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