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 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLODA from Veurne, company number BE0476837449, closed financial year 2025 with a result of € 637,354 after tax. For that financial year GLODA recorded a gross margin of € 960,777 and equity of € 739,591. Compared with financial year 2024, the result moved from € -25,467 to € 637,354. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 739,591
▲ € 637,354 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 637,354
▲ still € 25,467 loss in 2024
Profit after tax over the fiscal year.
€ 38,934
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 677,591.
Debts at end 2025
€ 724,474
▲ 32% vs 2024
€ 47,409 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 6,463
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,580
▲ € 66,566 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 111,598 | € 47,837 | € 35,333 | € 960,777 | ▲ € 925,443 |
| Profit after taxes | € 53,719 | € 193 | € -25,467 | € 637,354 | ▲ € 662,821 |
| Equity | € 127,510 | € 127,703 | € 102,237 | € 739,591 | ▲ € 637,354 |
| Total debts | € 579,347 | € 576,928 | € 889,768 | € 1,121,908 | ▲ 26% |
| Cash | € 7,364 | € 4,783 | € 28,927 | € 38,934 | ▲ 35% |
| Land & buildings | € 660,039 | € 660,326 | € 932,000 | € 859,927 | ▼ 8% |
| Retained profit | € 65,510 | € 65,703 | € 40,237 | € 677,591 | ▲ € 637,354 |
| Bank debt | € 321,486 | € 288,948 | € 550,744 | € 724,474 | ▲ 32% |
| Balance sheet total | € 706,857 | € 704,632 | € 992,005 | € 1,861,499 | ▲ 88% |
Key figures of GLODA, fiscal years 2022 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 GLODA?
What happened at GLODA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GEERT DAVID stepped down as director. NBB
- GLORIA GLORIE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 637,354. filed late Source: NBB ↗
- GEERT DAVID became a director. NBB
- GLORIA GLORIE became a director. NBB
- New establishment in Vleteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,719 profit in 2022 to € 637,354 profit in 2025.
Paid € 308,668 in corporate taxes since 2022.
Best year ever: 2025, with € 637,354 profit.
Management
Directors
According to the 2025 annual accounts
GEERT DAVID
Managing director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Albert I laan 19 box A
8630 Veurne
Beukmolenstraat(Woes) 6
8640 Vleteren
Active since 16 July 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.837.449
- VAT number
- BE 0476.837.449
- Registered office
- Albert I laan 19 bus A, 8630 Veurne
- Names & denominations
- GLODA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2002
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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