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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GL FOOD from Montigny-le-Tilleul, company number BE0715801897, closed financial year 2025 with a result of € 1,638 after tax. For that financial year GL FOOD recorded a gross margin of € 8,908 and equity of € 6,840. Compared with financial year 2024, the result moved from € 17,288 to € 1,638. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 6,840
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,638
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 1,311
▼ 94% 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 € -5,560.
People and assets in 2025
€ 745
▲ € 563 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,212
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,975
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 36,158
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,042
▲ 2% 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 | |
|---|---|---|---|---|---|
| Revenue | € 5,500 | - | - | - | |
| Gross margin | € 1,968 | - | € 20,646 | € 8,908 | ▼ 57% |
| Profit after taxes | € -17 | € -1,611 | € 17,288 | € 1,638 | ▼ 91% |
| Equity | € -10,475 | € -12,086 | € 5,202 | € 6,840 | ▲ 31% |
| Total debts | € 23,546 | € 18,012 | € 103,657 | € 63,217 | ▼ 39% |
| Cash | - | - | € 21,630 | € 1,311 | ▼ 94% |
| Retained profit | € -22,875 | € -24,486 | € -7,198 | € -5,560 | ▲ € 1,638 |
| Bank debt | € 22,710 | € 17,664 | € 11,721 | € 6,975 | ▼ 40% |
| Balance sheet total | € 13,070 | € 5,926 | € 108,859 | € 70,057 | ▼ 36% |
Key figures of GL FOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to GL FOOD?
What happened at GL FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,638 (▼ 91% vs 2024). filed late Source: NBB ↗
- Loïc DENIS became a director. NBB
- Geoffrey WAUTHELET became a director. NBB
- New establishment in Montigny-le-Tilleul. KBO
- Start of the company according to the CBE. KBO
In short
From € 17 loss in 2022 to € 1,638 profit in 2025.
Best year ever: 2024, with € 17,288 profit.
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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 FOOD are Loïc DENIS and Geoffrey WAUTHELET . Geoffrey WAUTHELET is also behind NOVABELLE and C.A.G. CONCEPT.
Directors
According to the 2025 annual accounts
Loïc DENIS
Director
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Rue Désiré Quenne 4
6110 Montigny-le-Tilleul
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.801.897
- VAT number
- BE 0715.801.897
- Registered office
- Rue Désiré Quenne 4, 6110 Montigny-le-Tilleul
- Names & denominations
- GL FOOD · U.G.Ch.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2018
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Detailhandel in ICT-apparatuur
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Algemene elektrotechnische installatiewerken
Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels
Draadloze telecommunicatie
Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels
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