Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
GLAC from Sint-Gillis (bij-Brussel), company number BE0442553293, closed financial year 2024 with a result of € -20,472 after tax. For that financial year GLAC recorded revenue of € 125,499 and equity of € 742,077. Compared with financial year 2023, the result moved from € -26,969 to € -20,472. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 742,077
▼ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,472
▲ 24 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 680,077.
Debts at end 2024
€ 526,596
▼ 6% vs 2023
€ 40,563 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 2,718
▼ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 80,667 | € 104,369 | € 125,499 | ▲ 20% |
| Gross margin | € 56,241 | € 8,495 | € 45,785 | € 49,448 | ▲ 8% |
| Profit after taxes | € -7,816 | € -65,092 | € -26,969 | € -20,472 | ▲ € 6,497 |
| Equity | € 889,140 | € 824,048 | € 797,079 | € 742,077 | ▼ 7% |
| Total debts | € 863,730 | € 876,537 | € 855,963 | € 887,423 | ▲ 4% |
| Land & buildings | € 1,752,784 | € 1,700,585 | € 1,648,387 | € 1,625,845 | ▼ 1% |
| Retained profit | € 827,140 | € 762,048 | € 735,079 | € 680,077 | ▼ 7% |
| Bank debt | € 621,675 | € 584,072 | € 557,596 | € 526,596 | ▼ 6% |
| Balance sheet total | € 1,752,870 | € 1,700,585 | € 1,653,042 | € 1,629,500 | ▼ 1% |
Key figures of GLAC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GLAC?
What happened at GLAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 20,472. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,816 loss in 2021 to € 20,472 loss in 2024.
A new publication or filing at GLAC? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Fonsnylaan 87
1060 Sint-Gillis (bij-Brussel)
Boondaalse Steenweg 544
1050 Elsene
Active since 22 January 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.553.293
- VAT number
- BE 0442.553.293
- Registered office
- Fonsnylaan 87, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- GLAC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 1990
- Peppol
- Not registered