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HOUTWERK GLENN
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
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.
Overview
Official details
KBO- Status
- Active since 27-12-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Hoogakkers 46, 2370 Arendonk
- Activity
- Joinery installation NACE 43320and 5 others
- Establishment unit
- 2.368.589.946 2370 Arendonk, since 27-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-08-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.2%
Annual accounts 2025
- Gross margin
- €29,518
- Turnover
- ≈ €170,000
- estimated
- Profit
- €20,351
- Equity
- €20,851
- Total assets
- €34,474
2025 accounts 3 days early
Filed on 28-07-2026at the National Bank
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)
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).
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).
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Signals
Five signals.
raises riskneutral
neutral · 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 filingDeviation from the deadline
2025
3 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Key points
- Caution: Among the weakest 13% on equitysector median €252,306 · 9,867 companies €20,851 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 28-07-2026
Acts in the Belgian Official Gazette
- Incorporationact of 31-12-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 1017.994.709
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?
- ≈ €170,000 in financial year 2025. Estimated from the gross margin of €29,518: probably between €120,000 and €280,000, based on 46 comparable companies, NACE 43320.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.Annual accounts at the National Bank
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