Financials
- Financial year
- 2024
- Total assets
- €1.1m
- Loss
- -€15,174
- Solvency
- 7.0%
Total assets▼ 0.4%
Net result
20182024
GLP
ActiveSummary
The computed 12-month bankruptcy probability of GLP is 3.3% (moderate). The 2024 annual accounts show equity of €74,601 and a net result of -€15,174. Equity is shrinking by about 2.7% per year across the filed financial years. Its solvency ranks better than 16% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
€1.1mtotal assets 2024
- Equity
- €74,601
- Loss
- -€15,174
Turnover not published (micro format)
Structure
2025 accounts not filed, 86 days past the deadline1 of 8 deeds summarised
Why 48raises riskLiquidity: current ratio 2.90, cash €2,080, halvedFigures for financial year 2024 (filed 25-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 56 days late; 2 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency
32-1
equity 7.0% of total assets
Liquidity
37-5
short-term debt 32.0% · cash 0.2%
Profitability
17+1
return on assets -1.4%
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.0%
12-2024: 2.3%▲ +0.3 percentage points vs 11-2024
01-2025: 1.5%▼ -0.8 percentage points vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025lowest value
05-2025: 1.6%▲ +0.1 percentage points vs 04-2025
06-2025: 1.5%▼ -0.1 percentage points vs 05-2025
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025
08-2025: 1.9%▲ +0.2 percentage points vs 07-2025
09-2025: 2.2%▲ +0.3 percentage points vs 08-2025
10-2025: 2.1%▼ -0.1 percentage points vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.2%▲ +0.1 percentage points vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.1%▼ -0.1 percentage points vs 03-2026
05-2026: 2.1%● unchanged vs 04-2026
06-2026: 2.0%▼ -0.1 percentage points vs 05-2026
07-2026: 2.0%● unchanged vs 06-2026
08-2026: 2.6%▲ +0.6 percentage points vs 07-2026
09-2026: 3.0%▲ +0.4 percentage points vs 08-2026
10-2026: 3.3%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.9, compared with 3.0 in 2023, above the usual 1.5; short-term debt: 32% and cash: 0.2% of total assets), but 93% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 16% on solvency, 32% on liquidity, 16% on profitability and 21% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Eight signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€15,174
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9837 sector peers (2024).
NBB · sector comparisonPosition among 9837 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 56 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
56 days late
2023
124 days late
2022
14 days early
2021
80 days late
2020
90 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 71 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Weakest financial yearnet -€25,213
Key points
By topic
Timeline
- Events
- 31
- Since
- 2002
- 10-11-2023Resignation: Anthony Luckx (director)
- 17-07-2023Annual accounts filed
- 31-12-2022Liquidity more than 24 times
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 16-03-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about GLP
- What is the company number of GLP?
- 0471.447.318. In Belgium the VAT number is the company number with BE in front: BE 0471.447.318.
- Where is GLP based?
- The registered office is at Handbooghof 1, 1500 Halle.Company details
- What does GLP do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of GLP?
- Public limited company (NV).
- When was GLP founded?
- On 16-03-2000.
- Is GLP still active?
- Yes, GLP is an active enterprise in the KBO register.
- What is the turnover of GLP?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is GLP profitable?
- In financial year 2024, GLP made a loss of €15,174.
- Where can I find the annual accounts of GLP?
- GLP filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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