GLT ASSOCIÉS
ActiveSummary
The computed 12-month bankruptcy probability of GLT ASSOCIÉS is 2.1% (moderate). The 2025 annual accounts show equity of €14,212 and a net result of -€672. Equity has been growing by about 5.2% per year since 2023. Its solvency ranks better than 45% of 1,597 sector peers (NACE 55, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 28-03-2023 Normal situation
- Activity
- Holiday cottages, homes and apartments NACE 55203and 4 others
- Establishment unit
- 2.343.755.966 5377 Somme-Leuze, since 31-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2026
Board and ownership
- LEMMENS Gauthier Joël PhilippeDirector
- LEMMENS Thibault Dominique OlivierDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €3,608
- ▼ 27.0%
- Turnover
- ≈ €19,000
- estimated
- Loss
- €672
- Equity
- €14,212
- ▼ 4.5%
- Total assets
- €95,331
- ▼ 0.9%
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskFounded in 2023Liquidity: current ratio 0.16, cash €1,015Size: total assets €95,331Equity €14,212 (14.9% of total assets)Show the evidence
Checked score
About 2 in 100 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 55, micro). It does better than 43% of them on solvency, 37% on liquidity, 25% on profitability and 38% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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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Signals
The company filed its last 3 accounts on average 17 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed IncorporationStarting capital €5,000 · Appointments: LEMMENS Gauthier Joël Philippe (director) and LEMMENS Thibault Dominique Olivier (director)
Comparable companies
These companies have the same main activity as GLT ASSOCIÉS: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €61,900 and €91,800, founded between 2019 and 2023.
| Company | Total assets | Gross margin |
|---|---|---|
| GLT ASSOCIÉS Somme-Leuze | €95,331 | €3,608 |
| The Fine Holidays Riemst | €87,698 | €2,029 |
| REVIM SRL Virton | €66,536 | €2,369 |
| Moerstraat 9 Deinze | €78,483 | €1,655 |
| ROGONI Sambreville | €83,376 | €8,010 |
| LMGD IMMO Houyet | €91,816 | €9,603 |
| Insolita Geel | €61,926 | €3,883 |
Key facts about GLT ASSOCIÉS
- What is the company number of GLT ASSOCIÉS?
- The company number of GLT ASSOCIÉS is 0799.983.051. The VAT number is the same number with BE in front: BE 0799.983.051.
- Where is GLT ASSOCIÉS based?
- The registered office is at Rue des Sorbiers,Heure 11, 5377 Somme-Leuze.Company details
- What does GLT ASSOCIÉS do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of GLT ASSOCIÉS?
- The legal form of GLT ASSOCIÉS is Private limited company (BV).
- When was GLT ASSOCIÉS founded?
- GLT ASSOCIÉS was founded on 28-03-2023.
- Is GLT ASSOCIÉS still active?
- Yes, GLT ASSOCIÉS is an active enterprise in the KBO register.
- What is the turnover of GLT ASSOCIÉS?
- The turnover in financial year 2025 is ≈ €19,000. This figure is estimated from the gross margin of €3,608 and 31 comparable companies (NACE 55). It probably lies between €11,000 and €31,000. It is a rough estimate.Financials
- Is GLT ASSOCIÉS profitable?
- In financial year 2025, GLT ASSOCIÉS made a loss of €672.
- Where can I find the annual accounts of GLT ASSOCIÉS?
- GLT ASSOCIÉS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLT ASSOCIÉS due?
- GLT ASSOCIÉS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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