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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5 to 4.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
GL - INVEST from Antwerpen, company number BE0452442840, closed financial year 2024 with a result of € -226,929 after tax. For that financial year GL - INVEST recorded a gross margin of € 875,329 and equity of € 4.5 million. Compared with financial year 2023, the result moved from € 924,515 to € -226,929. 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 September 30, 2025.
€ 4.5 million
▼ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -226,929
▼ still € 924,515 profit in 2023
Profit after tax over the fiscal year.
€ 254,415
▲ 38% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.4 million.
People and assets in 2024
4
▼ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 396,171
▼ 2% vs 2023
€ 99,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 173,868
▲ € 156,170 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4.7 million
▲ 59% vs 2023
€ 203,707 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 68,800
▼ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 101,694
▲ 212% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,350,899 | € 1,402,281 | € 1,520,532 | € 875,329 | ▼ 42% |
| Profit after taxes | € 944,264 | € 381,059 | € 924,515 | € -226,929 | ▼ € 1.2 million |
| Equity | € 5,590,485 | € 5,489,144 | € 6,413,659 | € 4,514,844 | ▼ 30% |
| Total debts | € 3,706,776 | € 3,588,337 | € 4,134,406 | € 4,910,618 | ▲ 19% |
| Cash | € 1,214,614 | € 831,531 | € 184,988 | € 254,415 | ▲ 38% |
| Land & buildings | € 5,302,860 | € 5,500,543 | € 5,618,664 | € 3,765,822 | ▼ 33% |
| Retained profit | € 5,456,485 | € 5,355,144 | € 6,279,659 | € 4,417,628 | ▼ 30% |
| Dividend | € 482,400 | € 482,400 | € 0 | € 0 | |
| Bank debt | € 3,014,211 | € 2,475,638 | € 2,959,479 | € 4,707,200 | ▲ 59% |
| Balance sheet total | € 9,544,376 | € 9,301,099 | € 10,748,187 | € 9,472,900 | ▼ 12% |
| Employees (FTE) | 5 | 5 | 4.3 | 4 | ▼ 0.3 |
Key figures of GL - INVEST, 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 GL - INVEST?
What happened at GL - INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- Stef Van Erck became a director. NBB
- GL Properties stepped down as director. NBB
- GL Properties became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 944,264 profit in 2021 to € 226,929 loss in 2024.
Paid € 587,310 in corporate taxes since 2021.
Best year ever: 2021, with € 944,264 profit.
On average € 218,800 of value added per employee in 2024.
A new publication or filing at GL - INVEST? 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
Management
Behind GL - INVEST is Stef Van Erck. It owns 100% of Vrouwevliet Invest itself.
Directors
According to the 2024 annual accounts
Stef Van Erck
Enige statutaire bestuurder
Also active at: VROUWEVLIET INVEST, BEDRIJVENPARK NEKKERSPOEL
since 2024
Managing director · represented by John Lenaers
Also active at: VROUWEVLIET INVEST, SHOPPING CENTRUM OOST, IMMO ALDEN BIESEN, Lanklaar Industries, MOLENWEIDE VASTGOED, OUD GASTHUIS HASSELT
since 2020 · until 2024
Establishments
Establishment units
Physical locations of this company
Boekstraat 73
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0452.442.840
- VAT number
- BE 0452.442.840
- Registered office
- Boekstraat 73, 2610 Antwerpen
- Names & denominations
- GL - INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1994
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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