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 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Glo-Construct from Antwerpen, company number BE0775846679, closed financial year 2025 with a result of € 17,351 after tax. For that financial year Glo-Construct recorded a gross margin of € 53,444 and equity of € 94,862. Compared with financial year 2024, the result moved from € 23,917 to € 17,351. 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 June 17, 2026.
€ 94,862
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,351
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 5,504
▲ 38% 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 € 92,862.
People and assets in 2025
€ 2,715
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 744,356
▲ € 644,356 vs 2024
€ 5,056 is repaid this year. At this pace the long-term loan is gone in ≈ 127 years.
€ 426,331
▲ € 366,943 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,106 | € 100,885 | € 58,046 | € 53,444 | ▼ 8% |
| Profit after taxes | € 7,689 | € 43,905 | € 23,917 | € 17,351 | ▼ 27% |
| Equity | € 9,689 | € 53,594 | € 77,511 | € 94,862 | ▲ 22% |
| Total debts | € 277,341 | € 877,302 | € 314,680 | € 1,569,361 | ▲ € 1.3 million |
| Cash | € 10,117 | € 63,655 | € 4,002 | € 5,504 | ▲ 38% |
| Retained profit | € 7,689 | € 51,594 | € 75,511 | € 92,862 | ▲ 23% |
| Bank debt | € 105,000 | € 568,500 | € 100,000 | € 744,356 | ▲ € 644,356 |
| Balance sheet total | € 287,030 | € 930,897 | € 392,191 | € 1,664,224 | ▲ € 1.3 million |
Key figures of Glo-Construct, 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 Glo-Construct?
What happened at Glo-Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,351 (▼ 27% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,689 profit in 2022 to € 17,351 profit in 2025.
Paid € 26,590 in corporate taxes since 2022.
Best year ever: 2023, with € 43,905 profit.
Management
The stake of Driesen Management, GloReno comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Glo-ConstructBehind Glo-Construct are André Driesen, GloReno BV and Driesen Management BV. The shares are held by Driesen Management (50%) and GloReno (50%).
Directors
According to the 2025 annual accounts
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Stuivekenskerkestraat 12
2600 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
- 0775.846.679
- VAT number
- BE 0775.846.679
- Registered office
- Stuivekenskerkestraat 12, 2600 Antwerpen
- Names & denominations
- Glo-Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2021
- Peppol
- Active · Active since 14 Nov 2025
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