Active BE 0890.505.926Non-profit association

Les Glycines

Rue Saint Martin(TAM) 66 ·5060 Sambreville, Belgium· 19 yrs active

Sector: Rusthuizen voor ouderen (ROB) (87301)

Conclusion Checked

The computed 12-month bankruptcy probability of Les Glycines is < 0.1% (very low). The 2024 annual accounts show negative equity (€-557k) and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 39 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-557k
Net result	€7k
Staff (FTE)	63.8
Better than sector	8%

Financial profile 5 of 5 axes measured · computed by Checked

44 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 18

Profitability 11

Solvency 35

Growth 55

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

< 0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-risk legal form −Lower-failure-rate sector −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2007, 19 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

18 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · verkort

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~42% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 87 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-48.4%	45.3%	better than 8% of 39 sector peers
Net result	€7k	€58k	better than 40% of 38 sector peers
Equity	€-557k	€1.61M	better than 15% of 39 sector peers
Staff costs	€4.06M	€3.64M	higher than 59% of 38 sector peers
Employees (FTE)	63.8	50.9	better than 64% of 38 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€5.02M

+49.1% 18-24

EBITDA

€76k

- 18-24

Net profit

€7k

- 18-24

Cash flow

€60k

- 18-24

Total assets

€1.15M

+4.4% 18-24

Equity

€-557k

+1.3% 18-24

Working capital

€-755k

+4.9% 18-24

Employees (FTE)

64

-4.6% 18-24

Show 12 other metrics

Staff costs

€4.06M

-2.3% 18-24

Debt

€1.71M

+2.5% 18-24

Debt ≤ 1y

€1.71M

+2.5% 18-24

Current ratio

0.56

+6.5% 18-24

Quick ratio

0.56

+6.5% 18-24

Solvency

-48.4%

+5.5% 18-24

Debt / equity

-3.07

-3.8% 18-24

ROE

-1.3%

- 18-24

ROA

0.7%

- 18-24

Net margin

0.1%

- 18-24

EBITDA margin

1.5%

- 18-24

Interest coverage

4.76

-97.8% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	€5.02M
EBITDA	€76k
Net profit	€7k
Cash flow	€60k
Staff costs	€4.06M
Income taxes	-
Dividends	-
Total assets	€1.15M
Equity	€-557k
Debt	€1.71M
of which ≤ 1y	€1.71M
of which > 1y	-
Working capital	€-755k
Employees (FTE)	63.8

Ratios (computed)

	2024
Current ratio	0.56
Quick ratio	0.56
Working capital ratio	-65.6%
Solvency	-48.4%
Debt / equity	-3.07
Long-term debt ratio	-
Interest coverage	4.76
Gross margin	88.6%
Net margin	0.1%
ROA	0.7%
ROE	-1.3%
EBITDA margin	1.5%
Days sales outstanding	18d
Days payable outstanding	442d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €198k · 17.2% Current assets €952k · 82.8%

Full annual accounts (19 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.15M
Fixed assets	21/28	€198k
Tangible fixed assets	22/27	€198k
Current assets	29/58	€952k
Amounts receivable within one year	40/41	€250k
Cash & bank	54/58	€260k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.15M
Equity	10/15	€-557k
Accumulated profits (losses)	14	€-557k
Amounts payable	17/49	€1.71M
Amounts payable within one year	42/48	€1.71M
Trade debts payable within one year	44	€693k
Income statement
Turnover	70	€5.02M
Operating result	9901	€23k
Financial income	75	€28
Financial charges	65	€16k
Result before taxes	9903	€7k
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Thomas De Witte
Director
State Gazette act 24088301 (11-06-2024)

Current
29-05-2024 → present

Former directors (1)

Floder NVLegal entity
Director
State Gazette act 24088301 (11-06-2024)

Former
- → 29-05-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Rusthuizen voor ouderen (ROB)(87301)
Legal form	Non-profit association(017)
Incorporation	02-07-2007
Status	Active
Postal code	5060

Establishment units 1 location

Les Glycines

Rue Saint Martin(TAM) 66, 5060 SambrevilleRust- en verzorgingstehuizen

since 20072.163.762.073

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

10-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

25-09-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

11-06-2024

State Gazette act Director changes

24-05-2024

State Gazette act Director changes

2023

03-12-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

19-01-2023

NBB filing Annual accounts filed

fiscal year 2021 · verkort

2021

28-10-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

01-03-2021

NBB filing Annual accounts filed

fiscal year 2019 · verkort

2019

08-11-2019

NBB filing Annual accounts filed

fiscal year 2018 · volledig

2018

26-11-2018

NBB filing Annual accounts filed

fiscal year 2017 · volledig

2017

19-12-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

15-03-2017

NBB filing Annual accounts filed

fiscal year 2015 · volledig

Belgian State Gazette reading coverage 0 of 6 acts read

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.

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 2 years ago

2024

11-06-2024 1 director appointed, 1 resigning Director changes

Thomas De Witte, Bestuurder
Floder NV, Bestuurder

Original publication ↗

Technical details

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}

24-05-2024 2 reappointed Director changes

Hilde Huys, Commissaris
Thomas De Witte, Commissaris

Original publication ↗

Technical details

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      "kind": "commissaris_renew",
      "role": "commissaris",
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        "rrn": "64022344628",
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      },
      "reason": null,
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    },
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      },
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        "legal_form": "NV"
      },
      "statutory": null,
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      "evidence_quote": "",
      "decharge_status": null,
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    "is_associated": false
  },
  "act_meta": {
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  "decisions": [
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}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Rust- en verzorgingstehuizen85315Rusthuizen voor ouderen (ROB)87301

Primary activity highlighted.

Names & trade names

Legal nameFR

Les Glycines

Registered office

Rue Saint Martin(TAM) 66

5060 Sambreville, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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