THE GLORIOUS CLEANING
The computed 12-month bankruptcy probability of THE GLORIOUS CLEANING is 0.8% (low). 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 86% of 801 sector peers (fiscal year 2023). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €71k |
| Net result | €38k |
| Better than sector | 86% |
| Active | 26 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.1% | 18.0% | |
| Net result | €38k | €12k | |
| Equity | €71k | €82k | |
| Gross operating margin | €126k | €162k | |
| Staff costs | €69k | €187k |
| Fiscal year | 2023 |
|---|---|
| Revenue | €175k |
| EBITDA | €54k |
| Net profit | €38k |
| Cash flow | €40k |
| Staff costs | €69k |
| Income taxes | €15k |
| Dividends | - |
| Total assets | €112k |
| Equity | €71k |
| Debt | €41k |
| of which ≤ 1y | €41k |
| of which > 1y | - |
| Working capital | €52k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 2.25 |
| Quick ratio | 2.25 |
| Working capital ratio | 46.1% |
| Solvency | 63.1% |
| Debt / equity | 0.58 |
| Long-term debt ratio | - |
| Interest coverage | 395.01 |
| Gross margin | 68.9% |
| Net margin | 22.0% |
| ROA | 34.3% |
| ROE | 54.4% |
| EBITDA margin | 31.2% |
| Days sales outstanding | 73d |
| Days payable outstanding | 48d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €112k |
| Fixed assets | 21/28 | €19k |
| Tangible fixed assets | 22/27 | €19k |
| Financial fixed assets | 28 | €180 |
| Current assets | 29/58 | €93k |
| Amounts receivable within one year | 40/41 | €61k |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €112k |
| Equity | 10/15 | €71k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €48k |
| Accumulated profits (losses) | 14 | €3k |
| Amounts payable | 17/49 | €41k |
| Amounts payable within one year | 42/48 | €41k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Turnover | 70 | €175k |
| Gross operating margin | 9900 | €126k |
| Operating result | 9901 | €53k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €138 |
| Result before taxes | 9903 | €53k |
| Income taxes | 67/77 | €15k |
| Net result for the period | 9904 | €38k |
| Result to be appropriated | 9905 | €38k |
Former directors (1)
-
Former- → 30-09-2019
| NACE primary | Retail trade(47300) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 27-07-2000 |
| Status | Active |
| Postal code | 8480 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| 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. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-02-2026 Registered office moved from Oostende to Ichtegem
- Eendrachtstraat 53, 8400 Oostende → Melkerijstraat 2, 8480 Ichtegem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Ichtegem",
"region": null,
"street": "Melkerijstraat",
"country": "BE",
"postcode": "8480",
"box_number": null,
"street_number": "2"
},
"old_address": {
"city": "Oostende",
"region": null,
"street": "Eendrachtstraat",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "53"
},
"effective_date": null,
"evidence_quote": "De algemene vergadering beslist de maatschappelijke zetel van de vennootschap te verplaatsen: \u2022Van: Eendrachtstraat 53, 8400 Oostende \u2022Naar: Melkerijstraat 2, 8480 Ichtegem"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0472.393.958",
"name_full": "THE GLORIOUS CLEANING",
"legal_form": "BVBA"
}
}01-12-2021 Registered office moved within Oostende
- Zwaluwenstraat 31, 8400 Oostende → Eendrachtstraat 53, 8400 Oostende
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Oostende",
"region": null,
"street": "Eendrachtstraat",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "53"
},
"old_address": {
"city": "Oostende",
"region": null,
"street": "Zwaluwenstraat",
"country": "BE",
"postcode": "8400",
"box_number": null,
"street_number": "31"
},
"effective_date": "2021-10-01",
"evidence_quote": "De wijziging van de maatschappelijke zetel van de Zwaluwenstraat 31 - 8400 Oostende naar de Eendrachtstraat 53-8400 Oostende met ingang van 01/10/2021."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0472.393.958",
"name_full": "THE GLORIOUS CLEANING",
"legal_form": "BVBA"
}
}16-06-2020 Saadat Ahmad resigns as manager
- Saadat Ahmad, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Saadat Ahmad",
"address": null,
"birth_date": null
},
"effective_date": "2019-09-30",
"evidence_quote": "Het ontslag van Dhr. Saadat Ahmad als zaakvoerder met ingang van 30/09/2019. Het verlenen van kwijting aan Dhr. Saadat Ahmad voor zijn mandaat als zaakvoerder met ingang van 01/10/2019.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0472.393.958",
"name_full": "THE GLORIOUS CLEANING",
"legal_form": "BVBA"
}
}07-12-2017 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": true,
"seat_change": true,
"object_change": true,
"effective_date": "2009-04-01",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0472.393.958",
"name_full": "NOREEN",
"legal_form": "BVBA"
},
"signature_regime": "joint_two",
"special_mandates": [],
"governance_change": {
"admin_delegated_added": []
}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | THE GLORIOUS CLEANING |