Le Glacier
ActiveLe Glacier has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 47% of 26051 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
76
/ 100
Excellent▲ +59 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency54▲+26
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.21 in 2023), and 71.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.8%
Return on assets
11.1%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
20 d early
2022
326 d late
2021
32 d late
2020
31 d late
2019
35 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€31k▲ 62.8%
2023 · €19k
2018: €47k
2019: €32k
2020: €20k
2021: €31k
2022: €31k
2023: €19k
2018 → 2024
Total assets
€107k▲ 3.6%
2023 · €103k
2018: €154k
2019: €85k
2020: €144k
2021: €112k
2022: €106k
2023: €103k
2018 → 2024
Net result
€12k
2023 · €-12k
2018: €-5k
2019: €-15k
2020: €-12k
2021: €11k
2022: €-764
2023: €-12k
2018 → 2024
Working capital
€30k▲ 64.6%
2023 · €18k
2018: €19k
2019: €15k
2020: €11k
2021: €30k
2022: €30k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€31k▲ 56.1%€31k▼ 2.4%€19k▼ 38.0%€31k▲ 62.8%
Operating result€-12k-€11k€-676€-11k▼ 1,565%€12k
Net result€-12k-€11k€-764€-12k▼ 1,423%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12k after a loss of €11k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€1k▲ 25.2%
Current assets
€106k▲ 3.4%
Equity and liabilities €107k
Equity
€31k▲ 62.8%
Debt
€76k▼ 9.7%
The debt ratio falls from 81.7% to 71.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€13k▲
2023 · €-11k
Cash flow
€12k▲
2023 · €-11k
Solvency
28.8%▲
2023 · 18.3%
Current ratio
1.39▲
2023 · 1.21
Quick ratio
0.36▲
2023 · 0.22
Debt / equity
2.47▼
2023 · 4.45
ROE
38.6%▲
2023 · -61.4%
ROA
11.1%▲
2023 · -11.3%
Interest coverage
27.26▲
2023 · -28.53
Debt
€76k▼
2023 · €84k
Debt ≤ 1 year
€76k▼
2023 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€103k€107k▲
Fixed assets21/28€840€1k▲
Tangible fixed assets22/27€840€621▼
Furniture and vehicles24€840€621▼
Financial fixed assets28-€431
Current assets29/58€103k€106k▲
Stocks and contracts in progress3€84k€79k▼
Stocks30/36€84k€79k▼
Amounts receivable within one year40/41€12k€8k▼
Trade receivables40€2k€3k▲
Other amounts receivable41€10k€4k▼
Cash at bank and in hand54/58€7k€19k▲
Deferred charges and accrued income490/1-€264
Equity and liabilities
Total equity and liabilities10/49€103k€107k▲
Equity10/15€19k€31k▲
Contributions10/11€20k€20k=
Reserves13€33k€33k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€-34k€-22k▲
Amounts payable17/49€84k€76k▼
Amounts payable within one year42/48€84k€76k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€934€0▼
Taxes450/3€934€0▼
Other amounts payable47/48€79k€75k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€219€219▲
Other operating charges640/8€60€1k▲
Gross operating margin9900€-11k€14k▲
Operating profit (loss)9901€-11k€12k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€387€462▲
Recurring financial charges65€387€462▲
Profit (loss) for the period before taxes9903€-12k€12k▲
Profit (loss) for the period9904€-12k€12k▲
Profit (loss) for the period to be appropriated9905€-12k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-22k▲
Profit (loss) brought forward from the previous period14P€-22k€-34k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 326 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Knokke-Heist · 3 establishment units since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeedijk-Heist 2858301 Knokke-HeistGround area
1.2 ha
Building footprint
1.1 ha
Volume, LiDAR
89,046 m³
3 parcels, Flanders · tallest building 74.2 m, ±5 floors. Linked by address, not a title deed.
3 establishment units
Gillemore
since 20152.244.264.155
Le Glacier
since 20252.377.000.242
La Plage Ice & Food
since 20262.389.845.220
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0459/00X010 | Flanders | 1.2 ha | 1 · 1.1 ha | 74.2 m · 2 fl. |
| 31336H1221/00A000 | Flanders | 252 m² | 1 · 252 m² | 19.9 m · 4 fl. |
| 31334B0080/00_000 | Flanders | 50 m² | 1 · 50 m² | 17.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesKnokke-Heist2.377.000.242
Knokke-Heist2.389.845.220
Similar companies · same sector, comparable size
HI-LO-YO
BE 0669.626.335
Antwerpen · Eq €30k
ZINO FOOD
BE 0761.509.980
Sint-Pieters-Leeuw · Eq €29k
Handelaars in Voeding Van Noord en Zuid Vlaanderen
BE 0406.714.367
Deinze · Eq €29k
SERVICE STORE
BE 0689.738.096
Aalter · Eq €33k
BELGIAN FOOD PARTNERS
BE 0797.672.867
Halle · Eq €33k
Of 695 companies in sector 46392 we hold annual accounts for 483. 229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2015
Fiscal year end31-12
Activities, NACEBEL
46392Non-specialised wholesale
47120Other non-specialised retail sale
47910Retail trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.