GLURPS
ActiveSummary
GLURPS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€8,026) and a net result of -€3,502. Equity is shrinking by ~59% per year across the filed fiscal years. Its solvency ranks better than 5% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-53
Solvency0=
Growth22▼-17
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.41 in 2023; short-term debt: 207.5% and cash: 19.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-107.5%
Return on assets
-46.9%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€8,026
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
35 d early
2022
39 d early
2021
44 d early
2020
36 d early
2019
44 d early
← 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 40 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€1,007▼ 96.2%
2023 · €26,298
EBIT margin
-382.0%▼ 385.3pp
2023 · 3.3%
Net result
-€3,502▼ 1,429%
2023 · -€229
Working capital
-€13,291▼ 14.9%
2023 · -€11,569
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€31,786€35,469▲ 11.6%€26,298▼ 25.9%€1,007▼ 96.2%
Operating result-€5,434▼ 1.3%-€10,445▼ 92.2%-€1,887▲ 81.9%€869-€3,847
Net result-€2,088below the sector's middle half▼ 76.1%-€5,636below the sector's middle half▼ 170%-€1,939below the sector's middle half▲ 65.6%-€229below the sector's middle half▲ 88.2%-€3,502below the sector's middle half▼ 1,429%
EBIT margin-32.9%-5.3%▲ 27.5pp3.3%▲ 8.6pp-382.0%▼ 385.3pp
Equity€3,280below the sector's middle half▼ 38.9%-€2,356below the sector's middle half-€4,295below the sector's middle half▼ 82.3%-€4,524below the sector's middle half▼ 5.3%-€8,026below the sector's middle half▼ 77.4%
Total assets€32,050below the sector's middle half▲ 3.8%€27,764below the sector's middle half▼ 13.4%€24,966below the sector's middle half▼ 10.1%€15,165below the sector's middle half▼ 39.3%€7,469below the sector's middle half▼ 50.7%
Debt€28,770▲ 12.8%€30,120▲ 4.7%€29,261▼ 2.9%€19,689▼ 32.7%€15,495▼ 21.3%
Working capital-€945-€7,930▼ 739%-€14,324▼ 80.6%-€11,569▲ 19.2%-€13,291▼ 14.9%
Solvency10.2%below the sector's middle half▼ 7.1pp-8.5%below the sector's middle half▼ 18.7pp-17.2%below the sector's middle half▼ 8.7pp-29.8%below the sector's middle half▼ 12.6pp-107.5%below the sector's middle half▼ 77.6pp
Staff (FTE)11=0.4▼ 60.0%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3,847 after €869 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7,469
Fixed assets
€5,265 ▼ 25.3%
Current assets
€2,204 ▼ 72.9%
Key figures and ratios
EBITDA
-€2,067▼
2023 · €3,396
Cash flow
-€1,722▼
2023 · €2,298
Current ratio
0.14▼
2023 · 0.41
Debt to equity
-1.93▲
2023 · -4.35
ROA
-46.9%▼
2023 · -1.5%
Debt ≤ 1 year
€15,495▼
2023 · €19,689
Income taxes
-€345▼
2023 · €1,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,035 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €31,786 | €35,469 | €26,298 | €1,007 | ▼ 96.2% |
| Goods, raw materials, services and sundry goods60/61 | - | €8,516 | €7,368 | €6,923 | €2,977 | ▼ 57.0% |
| Remuneration, social security and pensions62 | - | €30,743 | €26,706 | €15,426 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,735 | €2,763 | €3,194 | €2,527 | €1,780 | ▼ 29.6% |
| Other operating charges640/8 | - | €209 | €88 | €96 | €96 | = |
| Non-recurring operating charges66A | - | - | - | €457 | - | - |
| Gross operating margin9900 | €15,785 | €23,270 | €28,101 | €19,375 | -€1,971 | ▼ 110% |
| Operating profit (loss)9901 | -€5,434 | -€10,445 | -€1,887 | €869 | -€3,847 | ▼ 543% |
| Financial income75/76B | - | €5,854 | - | - | - | - |
| Recurring financial income75 | - | €5,854 | - | - | - | - |
| Non-recurring financial income76B | - | €5,854 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,888 | -€4,591 | -€1,887 | €869 | -€3,847 | ▼ 543% |
| Income taxes67/77 | €200 | €1,045 | €52 | €1,098 | -€345 | ▼ 131% |
| Profit (loss) for the period9904 | -€2,088 | -€5,636 | -€1,939 | -€229 | -€3,502 | ▼ 1,429% |
| Profit (loss) for the period to be appropriated9905 | -€2,088 | -€5,636 | -€1,939 | -€229 | -€3,502 | ▼ 1,429% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32,050 | €27,764 | €24,966 | €15,165 | €7,469 | ▼ 50.7% |
| Formation expenses20 | €661 | €330 | €0 | - | - | - |
| Fixed assets21/28 | €3,564 | €5,244 | €10,029 | €7,045 | €5,265 | ▼ 25.3% |
| Intangible fixed assets21 | - | - | €0 | - | - | - |
| Tangible fixed assets22/27 | €3,564 | €5,244 | €10,029 | €7,045 | €5,265 | ▼ 25.3% |
| Plant, machinery and equipment23 | - | €5,244 | €4,529 | €7,045 | €5,265 | ▼ 25.3% |
| Assets under construction and advance payments27 | - | - | €5,500 | - | - | - |
| Current assets29/58 | €27,825 | €22,190 | €14,937 | €8,120 | €2,204 | ▼ 72.9% |
| Amounts receivable within one year40/41 | €24,710 | €10,260 | €6,200 | €2,983 | €770 | ▼ 74.2% |
| Trade receivables40 | - | €9,470 | €5,300 | €2,949 | €660 | ▼ 77.6% |
| Other amounts receivable41 | - | €790 | €900 | €34 | €110 | ▲ 224% |
| Cash at bank and in hand54/58 | €3,115 | €11,930 | €8,367 | €5,137 | €1,434 | ▼ 72.1% |
| Deferred charges and accrued income490/1 | - | - | €370 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32,050 | €27,764 | €24,966 | €15,165 | €7,469 | ▼ 50.7% |
| Equity10/15 | €3,280 | -€2,356 | -€4,295 | -€4,524 | -€8,026 | ▼ 77.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €18 | €18 | €18 | €18 | €18 | = |
| Non-distributable reserves130/1 | - | €18 | €18 | €18 | €18 | = |
| Legal reserve130 | - | €18 | €18 | €18 | €18 | = |
| Profit (loss) carried forward14 | -€2,938 | -€8,574 | -€10,513 | -€10,742 | -€14,244 | ▼ 32.6% |
| Amounts payable17/49 | €28,770 | €30,120 | €29,261 | €19,689 | €15,495 | ▼ 21.3% |
| Amounts payable within one year42/48 | €28,770 | €30,120 | €29,261 | €19,689 | €15,495 | ▼ 21.3% |
| Trade debts44 | €914 | €765 | €0 | - | - | - |
| Suppliers440/4 | - | €765 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €5,729 | €6,646 | €200 | €263 | ▲ 31.5% |
| Taxes450/3 | - | €1,998 | €2,554 | - | €263 | - |
| Remuneration and social security454/9 | - | €3,731 | €4,092 | €200 | - | - |
| Other amounts payable47/48 | - | €23,626 | €22,615 | €19,489 | €15,232 | ▼ 21.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,088 | -€5,636 | -€1,939 | -€229 | -€3,502 | ▼ 1,429% |
| + Depreciation and write-downs630 | €1,735 | €2,763 | €3,194 | €2,527 | €1,780 | ▼ 29.6% |
| Operating cash flow (approximation) | -€353 | -€2,873 | €1,255 | €2,298 | -€1,722 | ▼ 175% |
| Investment in fixed assets (approximation) | - | -€4,443 | -€7,979 | €457 | €0 | ▼ 100% |
| Change in cash | - | €8,815 | -€3,563 | -€3,230 | -€3,703 | ▼ 14.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€5,636
Net result drops to -€5,636, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2018
Ground area
208 m²
Building footprint
91 m²
Volume, LiDAR
995 m³
Parcel 21673D0152/00F005, Brussels · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GLURPS
since 20182.271.781.273
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0152/00F005 | Brussels | 208 m² | 1 · 91 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LSM Consulting and Events
BE 0788.716.304
Namur · Eq €3,280
Burhaut
BE 0786.384.938
Pajottegem · Eq €3,280
Vall
BE 0893.460.664
Diest · Eq €3,281
Learning Advantage - P2LA
BE 0752.576.379
Genappe · Eq €3,282
ELH Management
BE 0765.730.173
Dinant · Eq €3,282
Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 11,930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
78100Employment placement agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0685777528
Also
9925:BE0685777528
Registered
11-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.