Glow Wellness
ActiveGlow Wellness has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.67M and a net result of €196k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-41
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 5.01 against 3.69 in 2024), and 19.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.8%
Return on assets
9.5%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-03-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
13 d early
2023
52 d early
2022
1 d early
2021
17 d early
2020
39 d early
2019
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.67M▲ 13.3%
2024 · €1.47M
2018: €348k
2019: €350k
2020: €451k
2021: €629k
2022: €922k
2023: €1.09M
2024: €1.47M
2018 → 2025
Total assets
€2.06M▲ 3.0%
2024 · €2.00M
2018: €715k
2019: €705k
2020: €843k
2021: €1.18M
2022: €1.56M
2023: €1.61M
2024: €2.00M
2018 → 2025
Net result
€196k▼ 48.8%
2024 · €383k
2018: €3k
2019: €3k
2020: €101k
2021: €178k
2022: €292k
2023: €165k
2024: €383k
2018 → 2025
Working capital
€1.59M▲ 10.8%
2024 · €1.43M
2018: €338k
2019: €294k
2020: €389k
2021: €545k
2022: €876k
2023: €1.05M
2024: €1.43M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€629k-€922k▲ 46.5%€1.09M▲ 17.9%€1.47M▲ 35.2%€1.67M▲ 13.3%
Operating result€271k-€439k▲ 62.3%€250k▼ 43.1%€545k▲ 118%€263k▼ 51.7%
Net result€178k-€292k▲ 64.0%€165k▼ 43.7%€383k▲ 133%€196k▼ 48.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.06M
Fixed assets
€77k▲ 119%
Current assets
€1.98M▲ 0.9%
Equity and liabilities €2.06M
Equity
€1.67M▲ 13.3%
Debt
€396k▼ 25.7%
The debt ratio falls from 26.6% to 19.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€282k▼
2024 · €575k
Cash flow
€215k▼
2024 · €413k
Solvency
80.8%▲
2024 · 73.4%
Current ratio
5.01▲
2024 · 3.69
Quick ratio
3.71▲
2024 · 2.72
Debt / equity
0.24▼
2024 · 0.36
ROE
11.8%▼
2024 · 26.1%
ROA
9.5%▼
2024 · 19.1%
Interest coverage
90.30▲
2024 · 82.39
Debt
€396k▼
2024 · €533k
Debt ≤ 1 year
€396k▼
2024 · €533k
Income taxes
€98k▼
2024 · €181k
Staff costs
€501k▼
2024 · €516k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.00M€2.06M▲
Fixed assets21/28€35k€77k▲
Tangible fixed assets22/27€35k€16k▼
Plant, machinery and equipment23€4k€649▼
Furniture and vehicles24€15k€5k▼
Other tangible fixed assets26€16k€10k▼
Financial fixed assets28-€61k
Current assets29/58€1.97M€1.98M▲
Stocks and contracts in progress3€517k€514k▼
Stocks30/36€517k€514k▼
Amounts receivable within one year40/41€297k€631k▲
Trade receivables40€229k€70k▼
Other amounts receivable41€68k€561k▲
Current investments50/53€900k€480k▼
Cash at bank and in hand54/58€248k€359k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€2.00M€2.06M▲
Equity10/15€1.47M€1.67M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.13M€1.32M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.12M€1.31M▲
Profit (loss) carried forward14€282k€282k=
Amounts payable17/49€533k€396k▼
Amounts payable within one year42/48€533k€396k▼
Current portion of amounts payable after more than one year42€12k-
Trade debts44€143k€72k▼
Suppliers440/4€143k€72k▼
Advances received on contracts in progress46€144k€157k▲
Taxes, remuneration and social security45€234k€167k▼
Taxes450/3€146k€66k▼
Remuneration and social security454/9€88k€101k▲
Income statement
Code20242025
Remuneration, social security and pensions62€516k€501k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€19k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€1.10M€789k▼
Operating profit (loss)9901€545k€263k▼
Financial income75/76B€26k€34k▲
Recurring financial income75€26k€34k▲
Financial charges65/66B€7k€3k▼
Recurring financial charges65€7k€3k▼
Profit (loss) for the period before taxes9903€564k€294k▼
Income taxes67/77€181k€98k▼
Profit (loss) for the period9904€383k€196k▼
Profit (loss) for the period to be appropriated9905€383k€196k▼
Appropriation of the result
Profit (loss) to be appropriated9906€665k€478k▼
Profit (loss) brought forward from the previous period14P€282k€282k=
Transfer to equity691/2€383k€196k▼
To other reserves6921€383k€196k▼
Social balance
Average headcount (FTE)90876.57.5▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €383k ▲133%
Operating result €545k, net result €383k, both a record.
09-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €1MEq €1.09M ▲17.9%
6 profitable years in a row build equity to €1.09M.
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €500kEq €629k ▲39.5%
4 profitable years in a row build equity to €629k.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €3k ▼23.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Kortrijk · 2 establishment units since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentsesteenweg(Kor) 18500 KortrijkGround area
710 m²
Building footprint
166 m²
Volume, LiDAR
1,210 m³
2 parcels, Flanders · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BEAUTY LOOK EQUIPMENTS NV
since 19982.089.770.869
BEAUTY LOOK
since 20022.089.770.968
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0002/00N000 | Flanders | 649 m² | 1 · 104 m² | 15.5 m · 3 fl. |
| 34353B0028/00S005 | Flanders | 61 m² | 1 · 61 m² | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 3,204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-12-1998
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
47529Retail trade
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.