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HOUTWERK GLENN

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

From 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 9,883 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 ReportCompare
HOUTWERK GLENNActiveChecked score 54/100
Risk analysis ReportCompare

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
Company details

Board and ownership

Board
Board & ownership

Financial position

54 Fair Checked score 2025
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 filed 3 days before the deadline
Filed on 28-07-2026at the National Bank
Financials
Score breakdownraises 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 stronger than 60% of micro companies in specialised construction (NACE 43)
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 within 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 is ample, with a current ratio of 2.53, above the usual 1.5. Short-term debt is 39.5% and cash 2% of total assets. 39.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 66% of them 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €34,474
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.53, cash €696
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 filing
Deviation from the deadline
2025
3 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Less equity than 87% of companies in specialised constructionsector median €251,308 · 9,885 companies €20,851 View

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HOUTWERK GLENN

What is the company number of HOUTWERK GLENN?
The company number of HOUTWERK GLENN is 1017.994.709. The VAT number is the same 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?
The legal form of HOUTWERK GLENN is Private limited company (BV).
When was HOUTWERK GLENN founded?
HOUTWERK GLENN was 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?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €29,518 and 45 comparable companies (NACE 43320). It probably lies between €130,000 and €280,000.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

Comparable companies

These companies have the same main activity as HOUTWERK GLENN: joinery installation (NACE 43320). They are comparable in size and age: total assets between €31,600 and €39,100, founded between 2024 and 2025.

CompanyTotal assetsGross margin
HOUTWERK GLENN Arendonk€34,474€29,518
MAATWERK VERVOORT Nijlen€35,042€35,819
NC Interieur & Maatwerk Nijlen€32,697€37,017
HOME KITCHEN AND CARS Sint-Pieters-Leeuw€35,459€31,121
Tarik & Co Dendermonde€31,853€33,233
Entreprise BERNIER Les Bons Villers€39,057€27,544
MOBILFLOR Sint-Pieters-Leeuw€31,569€30,494
Full comparison

Next steps

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