HOUTWERK GLENN

Active

Private limited companyfounded 2024active for 1 yearHoogakkers 46, 2370 Arendonk, BelgiumKBO/BCE: BE 1017.994.709

Summary

The computed 12-month bankruptcy probability of HOUTWERK GLENN is 2.2% (moderate). The 2025 annual accounts show equity of €20,851 and a net result of €20,351. Its solvency ranks better than 69% of 9,865 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

HOUTWERK GLENNActiveChecked score 54/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

1 site

Size

≈ €170,000turnover 2025, estimated

Equity: €20,851
Profit: €20,351

Turnover estimated from the gross margin

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.2%

Structure

SCHELLEKENS,Glenn Saskia GustaafDirector

2025 accounts 3 days early

Why 54raises riskFounded in 2024Size: total assets €34,474Liquidity: current ratio 2.53, cash €696Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 60% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 85

equity 60.5% of total assets

Liquidity 34

short-term debt 39.5% · cash 2.0%

Profitability 100

return on assets 59.0%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 01-2026: 1.9%lowest value 02-2026: 1.9%● unchanged vs 01-2026lowest value 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.3%▲ +0.4 percentage points vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.7%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 2.7%● unchanged vs 06-2026highest value 08-2026: 2.2%▼ -0.5 percentage points vs 07-2026 09-2026: 2.3%▲ +0.1 percentage points vs 08-2026 10-2026: 2.2%▼ -0.1 percentage points vs 09-2026

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.53, above the usual 1.5; short-term debt: 39.5% and cash: 2% of total assets), and 39.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 66% on solvency, 22% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.

raises riskneutral

Founded in 2024

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €34,474

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 2.53, cash €696

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

3 days early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

28-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2024 IncorporationAppointment: SCHELLEKENS,Glenn Saskia Gustaaf (director)…

Key points

Caution: Among the weakest 13% on equitysector median €252,306 · 9,867 companies €20,851 View
One director decidessole director in office 1 View
Total assets 2025first financial year filed €34,474 View

By topic

Financials

Financial year: 2025
Total assets: €34,474
Profit: €20,351
Solvency: 60.5%

Go to Financials

Board & ownership

Board: 1 member

SCHELLEKENS,Glenn Saskia GustaafDirector

Go to Board & ownership

Timeline

Events: 2
Since: 2024

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 27-12-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 14

Who signs: Each director alone
Purpose: “Onderneming van algemene bouwkundige en civieltechnische werken,het optrekken van…” (deed in Dutch)

Go to Articles of association

Key facts about HOUTWERK GLENN

What is the company number of HOUTWERK GLENN?: 1017.994.709. In Belgium the VAT number is the company number with BE in front: BE 1017.994.709.
Where is HOUTWERK GLENN based?: The registered office is at Hoogakkers 46, 2370 Arendonk.Company details
What does HOUTWERK GLENN do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of HOUTWERK GLENN?: Private limited company (BV).
When was HOUTWERK GLENN founded?: On 27-12-2024.
Is HOUTWERK GLENN still active?: Yes, HOUTWERK GLENN is an active enterprise in the KBO register.
What is the turnover of HOUTWERK GLENN?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is HOUTWERK GLENN profitable?: In financial year 2025, HOUTWERK GLENN made a profit of €20,351.
Where can I find the annual accounts of HOUTWERK GLENN?: HOUTWERK GLENN filed 1 annual account with the National Bank of Belgium, for financial year 2025.