Summary
Conclusion
the dossier summarised in one paragraphGLYPHE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €17k and a net result of €3k. Its solvency ranks better than 18% of 678 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Signals
2 signals · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 678 sector peers (2024).
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
3 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneThis is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Financials
Equity€17k+17.9%
Net result€3k-38.1%
Total assets€169k-2.8%
Solvency9.8%+1.7pp
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.8% | 44.9% | |
| Net result | €3k | €48k | |
| Equity | €17k | €1.36M | |
| Gross operating margin | €11k | €42k | |
| Total assets | €169k | €5.58M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€3k
-38.1%
far above sector median
€169k
-2.8%
-53% vs sector
€17k
+17.9%
-93% vs sector
€1k
+6.0%
+77% vs sector
€152k
-4.7%
far above sector median
€19k
+29.8%
-21% vs sector
€132k
-8.6%
+46% vs sector
9.8%
+21.3%
-89% vs sector
15.2%
-47.5%
far above sector median
1.5%
-36.3%
far above sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €3k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €169k |
| Equity | €17k |
| Debt | €152k |
| of which ≤ 1y | €19k |
| of which > 1y | €132k |
| Working capital | n/a |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 9.8% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 1.5% |
| ROE | 15.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €169k |
| Fixed assets | 21/28 | €125k |
| Financial fixed assets | 28 | €125k |
| Current assets | 29/58 | €44k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €38k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €169k |
| Equity | 10/15 | €17k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €7k |
| Amounts payable | 17/49 | €152k |
| Amounts payable after one year | 17 | €132k |
| Amounts payable within one year | 42/48 | €19k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €342 |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €4k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computedModel not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
Current30-09-2025 → present
Former directors (1)
-
Former14-06-2023 → 30-09-2025
2 events
- 30-09-2025 Resigned· Director
- 14-06-2023 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
indexingNo insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 14-06-2023 |
| Status | Active |
| Postal code | 4340 |
Structure & network
Connections & network
1 connected companyGroup structure
Subsidiary · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationRue Englebert Lescrenier 16, 4340 Awans
since 20232.346.354.378
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area629 m²
Buildings1
Building footprint66 m²
Volume (LiDAR)603 m³
Tallest building10.0 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62077B0321/00G000 | Wallonia | 629 m² | 1 · 66 m² | 10.0 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Analysis
Snowflake analysis
financial profile on 5 axes52
/ 100
Mixed profile: strong on stability, weaker on health.
Health
0
Profitability
76
Solvency
40
Growth
52
Stability
94
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
| Legal nameFR | GLYPHE |
Registered office
Rue Englebert Lescrenier 16
4340 Awans, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.