GLX Design-Tech
ActiveSummary
GLX Design-Tech has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €38k. Equity is growing by ~54.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency96▲+8
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 2.69 in 2024; short-term debt: 29.2% and cash: 92% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← 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
70.8%
Return on assets
28.3%
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 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€96k▲ 66.8%
2024 · €58k
Total assets
€136k▲ 48.9%
2024 · €91k
Net result
€38k▲ 58.8%
2024 · €24k
Working capital
€94k▲ 66.9%
2024 · €57k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€43k-€35k▼ 17.8%€48k▲ 36.2%
Net result€30k-€24k▼ 18.6%€38k▲ 58.8%
Equity€33k-€58k▲ 72.6%€96k▲ 66.8%
Total assets€60k-€91k▲ 52.0%€136k▲ 48.9%
Debt€27k-€34k▲ 26.2%€40k▲ 18.3%
Working capital€32k-€57k▲ 77.8%€94k▲ 66.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€2k ▲ 60.4%
Current assets
€134k ▲ 48.8%
Equity and liabilities €136k
Equity
€96k ▲ 66.8%
Debt
€40k ▲ 18.3%
Debt's share of the balance-sheet total falls from 36.8% to 29.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▲
2024 · €36k
Cash flow
€39k▲
2024 · €25k
Current ratio
3.38▲
2024 · 2.69
Debt to equity
0.41▼
2024 · 0.58
ROE
40.0%▼
2024 · 42.1%
ROA
28.3%▲
2024 · 26.6%
Interest coverage
41.49▲
2024 · 23.62
Debt ≤ 1 year
€40k▲
2024 · €34k
Income taxes
€11k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81 | €538 | €790 | ▲ 46.8% |
| Other operating charges640/8 | €497 | €510 | €923 | ▲ 81.0% |
| Gross operating margin9900 | €44k | €36k | €50k | ▲ 37.0% |
| Operating profit (loss)9901 | €43k | €35k | €48k | ▲ 36.2% |
| Financial income75/76B | €19 | €289 | €2k | ▲ 636% |
| Recurring financial income75 | €19 | €289 | €2k | ▲ 636% |
| Financial charges65/66B | €1k | €2k | €1k | ▼ 22.4% |
| Recurring financial charges65 | €1k | €2k | €1k | ▼ 22.4% |
| Profit (loss) for the period before taxes9903 | €42k | €34k | €49k | ▲ 43.9% |
| Income taxes67/77 | €12k | €10k | €11k | ▲ 7.5% |
| Profit (loss) for the period9904 | €30k | €24k | €38k | ▲ 58.8% |
| Profit (loss) for the period to be appropriated9905 | €30k | €24k | €38k | ▲ 58.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €60k | €91k | €136k | ▲ 48.9% |
| Fixed assets21/28 | €2k | €995 | €2k | ▲ 60.4% |
| Tangible fixed assets22/27 | €2k | €995 | €2k | ▲ 60.4% |
| Furniture and vehicles24 | €2k | €995 | €2k | ▲ 60.4% |
| Current assets29/58 | €58k | €90k | €134k | ▲ 48.8% |
| Amounts receivable within one year40/41 | €12k | €15k | €9k | ▼ 36.1% |
| Trade receivables40 | €12k | €15k | €9k | ▼ 36.1% |
| Other amounts receivable41 | €450 | - | - | - |
| Cash at bank and in hand54/58 | €46k | €76k | €125k | ▲ 65.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €60k | €91k | €136k | ▲ 48.9% |
| Equity10/15 | €33k | €58k | €96k | ▲ 66.8% |
| Contributions10/11 | €4k | €4k | €4k | = |
| Reserves13 | €30k | €54k | €54k | = |
| Distributable reserves133 | €30k | €54k | €54k | = |
| Profit (loss) carried forward14 | €254 | €477 | €39k | ▲ 8,061% |
| Amounts payable17/49 | €27k | €34k | €40k | ▲ 18.3% |
| Amounts payable within one year42/48 | €27k | €34k | €40k | ▲ 18.3% |
| Trade debts44 | €3k | €3k | €10k | ▲ 287% |
| Suppliers440/4 | €3k | €3k | €10k | ▲ 287% |
| Taxes, remuneration and social security45 | €24k | €31k | €26k | ▼ 16.5% |
| Taxes450/3 | €24k | €31k | €26k | ▼ 16.5% |
| Other amounts payable47/48 | - | €236 | €4k | ▲ 1,562% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €24k | €38k | ▲ 58.8% |
| + Depreciation and write-downs630 | €81 | €538 | €790 | ▲ 46.8% |
| Operating cash flow (approximation) | €30k | €25k | €39k | ▲ 58.5% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | - |
| Change in cash | - | €30k | €49k | ▲ 66.7% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2023net €38k ▲58.8%
Operating result €48k, net result €38k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €24k ▼18.6%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2022
Ground area
1,415 m²
Building footprint
121 m²
Volume, LiDAR
756 m³
Parcel 25056A0215/00Y002, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GLX Design-Tech
since 20222.340.126.582
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056A0215/00Y002 | Wallonia | 1,415 m² | 1 · 121 m² | 8.2 m · 2 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.
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,934. 1,556 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
Founded20-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
74112Other professional, scientific and technical activities
Contact
E-mail
henrigillieaux@gmail.com
Phone
0478.368.711
Scores and ratios are computed by Checked and are not a credit decision.