THE GLORIOUS CLEANING
ActiveTHE GLORIOUS CLEANING has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €71k and a net result of €38k. Equity is growing by ~72.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 6648 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2023
100
/ 100
Excellent= vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100=
Solvency99▲+1
Growth85▲+7
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 2.25 against 2.2 in 2022), and 36.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2023Solvency, return and age of the figures
Solvency
63.1%
Return on assets
34.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline16-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-06-2025, 327 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
327 d late
2022
185 d late
2021
13 d late
2020
23 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€175k▲ 288%
2020 · €45k
2020: €45k
2020 → 2023
EBIT margin
30.5%▲ 9.2pp
2020 · 21.3%
2020: 21.3%
2020 → 2023
Net result
€38k▲ 126%
2022 · €17k
2018: €-10k
2019: €-21k
2020: €8k
2021: €12k
2022: €17k
2018 → 2023
Working capital
€52k▲ 78.3%
2022 · €29k
2018: €2k
2019: €-7k
2020: €2k
2021: €14k
2022: €29k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€45k€175k
Equity€-4k-€4k€15k▲ 310%€32k▲ 111%€71k▲ 119%
Operating result€-20k-€10k€13k▲ 33.6%€21k▲ 62.2%€53k▲ 157%
Net result€-21k-€8k€12k▲ 40.9%€17k▲ 47.1%€38k▲ 126%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2023 is 157% above 2022 and is the highest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €112k
Fixed assets
€19k▲ 478%
Current assets
€93k▲ 75.3%
Equity and liabilities €112k
Equity
€71k▲ 119%
Debt
€41k▲ 71.6%
The debt ratio falls from 42.8% to 36.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€54k▲
2022 · €22k
Cash flow
€40k▲
2022 · €18k
Solvency
63.1%▲
2022 · 57.2%
Current ratio
2.25▲
2022 · 2.20
Quick ratio
2.25▲
2022 · 2.20
Debt / equity
0.58▼
2022 · 0.75
ROE
54.4%▲
2022 · 52.7%
ROA
34.3%▲
2022 · 30.1%
Interest coverage
395.01▲
2022 · 169.77
Debt
€41k▲
2022 · €24k
Debt ≤ 1 year
€41k▲
2022 · €24k
Income taxes
€15k▲
2022 · €4k
Staff costs
€69k▼
2022 · €79k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€56k€112k▲
Fixed assets21/28€3k€19k▲
Tangible fixed assets22/27€3k€19k▲
Plant, machinery and equipment23€495€330▼
Furniture and vehicles24€3k€19k▲
Financial fixed assets28€180€180=
Current assets29/58€53k€93k▲
Amounts receivable within one year40/41€18k€61k▲
Trade receivables40€14k€35k▲
Other amounts receivable41€4k€26k▲
Cash at bank and in hand54/58€35k€32k▼
Equity and liabilities
Total equity and liabilities10/49€56k€112k▲
Equity10/15€32k€71k▲
Contributions10/11€20k€20k=
Reserves13€11k€48k▲
Non-distributable reserves130/1€790€3k▲
Reserves not available under the articles1311€790€3k▲
Distributable reserves133€10k€45k▲
Profit (loss) carried forward14€1k€3k▲
Amounts payable17/49€24k€41k▲
Amounts payable within one year42/48€24k€41k▲
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45€14k€29k▲
Taxes450/3€4k€29k▲
Remuneration and social security454/9€10k-
Other amounts payable47/48€88€88=
Income statement
Code20222023
Turnover70-€175k
Non-recurring operating income76A-€6k
Goods, raw materials, services and sundry goods60/61-€54k
Remuneration, social security and pensions62€79k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€681€1k▲
Gross operating margin9900€104k€126k▲
Operating profit (loss)9901€21k€53k▲
Financial income75/76B€96€0▼
Recurring financial income75€0€0▲
Non-recurring financial income76B€96-
Financial charges65/66B€129€138▲
Recurring financial charges65€129€138▲
Profit (loss) for the period before taxes9903€21k€53k▲
Income taxes67/77€4k€15k▲
Profit (loss) for the period9904€17k€38k▲
Profit (loss) for the period to be appropriated9905€17k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€40k▲
Profit (loss) brought forward from the previous period14P€-5k€1k▲
Transfer to equity691/2€11k€37k▲
To the legal reserve6920€790€2k▲
To other reserves6921€10k€35k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 327 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 185 days late
2023
31-12
Financial
Highest result since 2018net €38k ▲126%
Operating result €53k, net result €38k, both a record.
2022
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-09-2019
Resigned as Manager
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2000
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.
Melkerijstraat(ICH) 28480 IchtegemGround area
1,255 m²
Building footprint
185 m²
Volume, LiDAR
593 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SHELL
since 20002.115.938.697
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006A0450/00T000 | Flanders | 1,186 m² | 1 · 122 m² | - |
| 35383C0353/02X005 | Flanders | 69 m² | 1 · 63 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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COELLU
BE 0737.652.732
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BOZALT
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RCDM Services
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Of 1,260 companies in sector 47300 we hold annual accounts for 944. 758 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-07-2000
Fiscal year end31-12
Activities, NACEBEL
47300Retail sale of automotive fuel
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.