Gluo
ActiveGluo has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.40M and a net result of €172k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 87% of 1413 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-8
Solvency100=
Growth77▼-4
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 4.68 against 4.14 in 2024; short-term debt: 21.2% and cash: 0.8% of total assets), and 21.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
78.7%
Return on assets
9.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
24 d late
2024
22 d late
2023
21 d late
2022
2 d late
2021
25 d late
2020
6 d late
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.49M▼ 7.0%
2024 · €2.67M
2018: €1.10M
2019: €1.29M
2020: €1.62M
2021: €1.96M
2022: €2.48M
2023: €2.63M
2024: €2.67M
2018 → 2025
EBIT margin
9.3%▼ 2.7pp
2024 · 12.0%
2018: 15.8%
2019: 20.7%
2020: 19.0%
2021: 18.0%
2022: 16.6%
2023: 16.2%
2024: 12.0%
2018 → 2025
Net result
€172k▼ 29.6%
2024 · €244k
2018: €109k
2019: €177k
2020: €245k
2021: €248k
2022: €289k
2023: €309k
2024: €244k
2018 → 2025
Working capital
€1.39M▲ 10.0%
2024 · €1.26M
2018: €278k
2019: €459k
2020: €633k
2021: €741k
2022: €915k
2023: €1.09M
2024: €1.26M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.96M-€2.48M▲ 27.0%€2.63M▲ 6.0%€2.67M▲ 1.5%€2.49M▼ 7.0%
Equity€753k-€930k▲ 23.6%€1.11M▲ 19.2%€1.28M▲ 15.2%€1.40M▲ 9.5%
Operating result€351k-€413k▲ 17.4%€428k▲ 3.6%€321k▼ 24.8%€232k▼ 27.8%
Net result€248k-€289k▲ 16.6%€309k▲ 7.0%€244k▼ 21.2%€172k▼ 29.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.78M
Fixed assets
€11k▼ 23.4%
Current assets
€1.77M▲ 6.1%
Equity and liabilities €1.78M
Equity
€1.40M▲ 9.5%
Provisions
€1k
Debt
€378k▼ 6.1%
The debt ratio falls from 24.0% to 21.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€239k▼
2024 · €331k
Cash flow
€179k▼
2024 · €253k
Solvency
78.7%▲
2024 · 76.0%
Current ratio
4.68▲
2024 · 4.14
Quick ratio
4.68▲
2024 · 4.14
Debt / equity
0.27▼
2024 · 0.31
ROE
12.3%▼
2024 · 19.1%
ROA
9.7%▼
2024 · 14.5%
Interest coverage
7.59▼
2024 · 9.21
Debt
€378k▼
2024 · €402k
Debt ≤ 1 year
€378k▼
2024 · €402k
Income taxes
€55k▼
2024 · €73k
Staff costs
€1.30M▼
2024 · €1.42M
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€1.68M€1.78M▲
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€14k€11k▼
Current assets29/58€1.67M€1.77M▲
Amounts receivable within one year40/41€1.64M€1.74M▲
Trade receivables40€425k€398k▼
Other amounts receivable41€1.21M€1.34M▲
Cash at bank and in hand54/58€14k€14k▲
Deferred charges and accrued income490/1€15k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.78M▲
Equity10/15€1.28M€1.40M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.21M€1.34M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€116k€116k=
Distributable reserves133€1.09M€1.21M▲
Profit (loss) carried forward14€275€728▲
Provisions and deferred taxes16-€1k
Provisions for liabilities and charges160/5-€1k
Pensions and similar obligations160-€1k
Amounts payable17/49€402k€378k▼
Amounts payable within one year42/48€402k€378k▼
Trade debts44€114k€110k▼
Suppliers440/4€114k€110k▼
Taxes, remuneration and social security45€213k€208k▼
Taxes450/3€57k€69k▲
Remuneration and social security454/9€156k€138k▼
Other amounts payable47/48€75k€60k▼
Income statement
Code20242025
Turnover70€2.67M€2.49M▼
Goods, raw materials, services and sundry goods60/61€919k€943k▲
Remuneration, social security and pensions62€1.42M€1.30M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€9k€6k▼
Non-recurring operating charges66A€455€2k▲
Gross operating margin9900€1.76M€1.55M▼
Operating profit (loss)9901€321k€232k▼
Financial income75/76B€31k€26k▼
Recurring financial income75€31k€26k▼
Financial charges65/66B€36k€32k▼
Recurring financial charges65€36k€32k▼
Profit (loss) for the period before taxes9903€316k€227k▼
Income taxes67/77€73k€55k▼
Profit (loss) for the period9904€244k€172k▼
Transfer from tax-exempt reserves789€88k€42k▼
Transfer to tax-exempt reserves689-€42k
Profit (loss) for the period to be appropriated9905€332k€172k▼
Appropriation of the result
Profit (loss) to be appropriated9906€333k€172k▼
Profit (loss) brought forward from the previous period14P€740€275▼
Transfer to equity691/2€257k€121k▼
To other reserves6921€257k€121k▼
Profit to be distributed694/7€75k€50k▼
Directors or managers695€75k€50k▼
Social balance
Average headcount (FTE)908719.916.5▼
The notes to these accounts (7 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
31-12
Financial
Highest result since 2018net €309k ▲7%
Operating result €428k, net result €309k, both a record.
31-12
Financial
Equity above €1MEq €1.11M ▲19.2%
6 profitable years in a row build equity to €1.11M.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 6 days late
2020
31-12
Financial
Equity above €500kEq €639k ▲36.3%
3 profitable years in a row build equity to €639k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Kontich · 1 establishment unit since 2016
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.
Veldkant 33 A2550 KontichGround area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gluo
since 20162.250.989.522
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Group per the LEI register
2 parent companiesParent company:De Cronos Groep
Ultimate parent:Nuclys
Recognitions · licences · registrations
Legal Entity Identifier
699400V0H096GODUTH04
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 6,663 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-02-2016
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.