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 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GL Trading from Grobbendonk, company number BE0466314335, closed financial year 2025 with a result of € -42,911 after tax. For that financial year GL Trading recorded a gross margin of € 19,790 and equity of € 199,438. Compared with financial year 2024, the result moved from € 21,490 to € -42,911. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 199,438
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,911
▼ still € 21,490 profit in 2024
Profit after tax over the fiscal year.
€ 163,987
▲ € 154,223 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 133,438.
People and assets in 2025
€ 648
▲ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 173,347
▼ 15% vs 2024
€ 28,344 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 18,000
▲ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,625
▲ 113% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 19,519 | € 64,249 | € 19,790 | ▼ 69% |
| Profit after taxes | € -22,289 | € 21,490 | € -42,911 | ▼ € 64,401 |
| Equity | € 220,858 | € 242,348 | € 199,438 | ▼ 18% |
| Total debts | € 247,406 | € 295,109 | € 421,812 | ▲ 43% |
| Cash | € 99,495 | € 9,764 | € 163,987 | ▲ € 154,223 |
| Retained profit | € 154,858 | € 176,348 | € 133,438 | ▼ 24% |
| Bank debt | € 232,330 | € 203,143 | € 173,347 | ▼ 15% |
| Balance sheet total | € 693,078 | € 744,235 | € 830,070 | ▲ 12% |
Key figures of GL Trading, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GL Trading?
What happened at GL Trading in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 42,911 (▼ € 64,401 vs 2024). Source: NBB ↗
- New establishment in Grobbendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,289 loss in 2023 to € 42,911 loss in 2025.
Paid € 1,239 in corporate taxes since 2023.
Best year ever: 2024, with € 21,490 profit.
Management
Behind GL Trading are Guy Van Looy and Katelijne Michielsen. It owns 32.1% of G&R itself.
Establishments
Establishment units
Physical locations of this company
Kennedylaan 8
2288 Grobbendonk
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
- 0466.314.335
- VAT number
- BE 0466.314.335
- Registered office
- Kennedylaan 8, 2288 Grobbendonk
- Names & denominations
- GLT · GL Trading
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 1999
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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