Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GLOREN M from Gent, company number BE0556952323, closed financial year 2025 with a result of € 52,757 after tax. For that financial year GLOREN M recorded a gross margin of € 146,301 and equity of € 209,016. Compared with financial year 2024, the result moved from € 21,902 to € 52,757. Profitable, and profit is growing. 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 May 22, 2026.
€ 209,016
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,757
▲ 141% vs 2024
Profit after tax over the fiscal year.
€ 23,694
▲ € 19,240 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 190,000
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 3,615
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,777
▲ 115% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 226,992 | € 166,054 | € 124,057 | € 146,301 | ▲ 18% |
| Profit after taxes | € 90,348 | € 49,564 | € 21,902 | € 52,757 | ▲ 141% |
| Equity | € 209,393 | € 209,357 | € 231,258 | € 209,016 | ▼ 10% |
| Total debts | € 668,059 | € 559,128 | € 397,799 | € 306,700 | ▼ 23% |
| Cash | € 109,733 | € 82,074 | € 4,454 | € 23,694 | ▲ € 19,240 |
| Land & buildings | € 2,662 | € 2,384 | € 2,106 | € 1,829 | ▼ 13% |
| Retained profit | € 19,393 | € 19,357 | € 41,258 | € 19,016 | ▼ 54% |
| Dividend | € 91,500 | € 49,600 | € 0 | € 75,000 | |
| Bank debt | € 542,577 | € 455,689 | € 373,308 | € 190,000 | ▼ 49% |
| Balance sheet total | € 877,452 | € 768,485 | € 629,057 | € 515,716 | ▼ 18% |
Key figures of GLOREN M, 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 GLOREN M?
What happened at GLOREN M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,757 (▲ 141% vs 2024). Source: NBB ↗
- Ilse D'hont became a director. NBB
- Jan D'hont became a director. NBB
- Marc D'hont became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 90,348 profit in 2022 to € 52,757 profit in 2025.
Paid € 74,980 in corporate taxes since 2022.
Best year ever: 2022, with € 90,348 profit.
Paid out € 216,100 in dividends to the owners in total.
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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 GLOREN M are Ilse D'hont, Jan D'hont and Marc D'hont. Jan D'hont is also behind BOKSTEEN AQUACULTURE, JOHN DORY, OTTERBURCHT and Baobab Invest. Marc D'hont is also behind AAtechnics, WE-Tie Trade, BOKSTEEN AQUACULTURE, OTTERBURCHT and GLOREN I.
Directors
According to the 2025 annual accounts
Ilse D'hont
Managing director
since 2017
Jan D'hont
Managing director
Also active at: BOKSTEEN AQUACULTURE, JOHN DORY, OTTERBURCHT, Baobab Invest
since 2017
Marc D'hont
Director
Also active at: AAtechnics, WE-Tie Trade, BOKSTEEN AQUACULTURE, OTTERBURCHT, GLOREN I, Baobab Invest, HELIOSTREAM
since 2017
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 713
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →European Aquaculture Society
ZORGCONCEPT
€ 13,813 gross margin · 2025
Gent-Privilege
€ 362,213 gross margin · 2025
SOBRIMMO
€ -33,119 gross margin · 2025
AAtechnics same network
€ 2.6 million gross margin · 2025
+30 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0556.952.323
- VAT number
- BE 0556.952.323
- Registered office
- Ottergemsesteenweg-Zuid 713, 9000 Gent
- Names & denominations
- GLOREN M
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 30 July 2014
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen