LES GLYCINES
ActiveSummary
LES GLYCINES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-652k) and a net result of €-74k. Equity is shrinking by ~51% per year across the filed fiscal years. Its solvency ranks better than 5% of 462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▲+8
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.48 in 2024; short-term debt: 177.2% and cash: 8.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Sector 87
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-77.2%
Return on assets
-8.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-652k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
30 d late
2023
31 d late
2022
13 d late
2021
on the day
2020
1 d late
2019
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-74k▲ 84.0%
2024 · €-462k
2019: €98k
2020: €183k
2021: €90k
2022: €-399k
2023: €-178k
2024: €-462k
2019 → 2025
Working capital
€-711k▼ 6.0%
2024 · €-671k
2019: €268k
2020: €270k
2021: €342k
2022: €-7k
2023: €-243k
2024: €-671k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€462k-€63k▼ 86.4%€-115k€-578k▼ 401%€-652k▼ 12.8%
Operating result€122k-€-397k€-176k▲ 55.6%€-455k▼ 158%€-64k▲ 85.9%
Net result€90k-€-399k€-178k▲ 55.4%€-462k▼ 160%€-74k▲ 84.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64k in 2025 against €455k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €844k
Fixed assets
€60k ▼ 35.8%
Current assets
€785k ▲ 29.2%
Key figures and ratios
EBITDA
€-25k▲
2024 · €-399k
Cash flow
€-34k▲
2024 · €-407k
Solvency
-77.2%▲
2024 · -82.5%
Current ratio
0.52▲
2024 · 0.48
Quick ratio
0.52▲
2024 · 0.47
Debt to equity
-2.30▼
2024 · -2.21
ROA
-8.7%▲
2024 · -66.0%
Interest coverage
-2.68▲
2024 · -55.97
Debt
€1.50M▲
2024 · €1.28M
Debt ≤ 1 year
€1.50M▲
2024 · €1.28M
Income taxes
€271▲
2024 · €251
Staff costs
€3.52M▲
2024 · €3.48M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€700k€844k▲
Fixed assets21/28€93k€60k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€91k€59k▼
Plant, machinery and equipment23€30k€19k▼
Furniture and vehicles24€53k€35k▼
Other tangible fixed assets26€8k€5k▼
Current assets29/58€607k€785k▲
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€569k€702k▲
Trade receivables40€457k€588k▲
Other amounts receivable41€112k€114k▲
Cash at bank and in hand54/58€24k€68k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€700k€844k▲
Equity10/15€-578k€-652k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-596k€-670k▼
Amounts payable17/49€1.28M€1.50M▲
Amounts payable within one year42/48€1.28M€1.50M▲
Financial debts43€305k€164k▼
Credit institutions430/8€305k€164k▼
Trade debts44€191k€296k▲
Suppliers440/4€191k€296k▲
Taxes, remuneration and social security45€543k€559k▲
Taxes450/3€62k€59k▼
Remuneration and social security454/9€481k€500k▲
Other amounts payable47/48€239k€478k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3.48M€3.52M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€39k▼
Other operating charges640/8€9k€5k▼
Gross operating margin9900€3.09M€3.50M▲
Operating profit (loss)9901€-455k€-64k▲
Financial income75/76B€35€16▼
Recurring financial income75€35€16▼
Financial charges65/66B€7k€9k▲
Recurring financial charges65€7k€9k▲
Profit (loss) for the period before taxes9903€-462k€-74k▲
Income taxes67/77€251€271▲
Profit (loss) for the period9904€-462k€-74k▲
Profit (loss) for the period to be appropriated9905€-462k€-74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-596k€-670k▼
Profit (loss) brought forward from the previous period14P€-134k€-596k▼
Social balance
Average headcount (FTE)908758.255.4▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-462k
Net result drops to €-462k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
22-08
State Gazette act
Board meeting · Permanent representative
Member admission · General meeting
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 13 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
30-06
Financial
Highest result since 2019net €183k ▲87.2%
Operating result €267k, net result €183k, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
25-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Boussu · 1 establishment unit since 1992
Ground area
283 m²
Building footprint
57 m²
Volume, LiDAR
431 m³
Parcel 53041B0283/00H005, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Alfred Defuisseaux(H) sn, 7301 Boussu
since 19922.056.753.455
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53041B0283/00H005indicative | Wallonia | 283 m² | 1 · 57 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
Recognitions · licences · registrations
Food safety, FASFC
1 siteBoussu2.056.753.455
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Of 601 companies in sector 87301 we hold annual accounts for 493. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
87301Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.