Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GL DECO from Verviers, company number BE0779997388, closed financial year 2025 with a result of € -15,381 after tax. For that financial year GL DECO recorded a gross margin of € 10,611 and equity of € -5,951. Compared with financial year 2024, the result moved from € -14,324 to € -15,381. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ -5,951
▼ € 15,381 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,381
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,015
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,951.
People and assets in 2025
€ 50,288
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,722
▼ 22% vs 2024
€ 12,912 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 10,769
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,550
▼ 4% 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 | € 31,073 | € 18,568 | € 19,226 | € 10,611 | ▼ 45% |
| Profit after taxes | € 12,558 | € 796 | € -14,324 | € -15,381 | ▼ € 1,057 |
| Equity | € 22,958 | € 23,754 | € 9,430 | € -5,951 | ▼ € 15,381 |
| Total debts | € 65,023 | € 88,313 | € 102,068 | € 91,297 | ▼ 11% |
| Cash | € 23,362 | € 10,183 | € 23,045 | € 6,015 | ▼ 74% |
| Retained profit | € 10,958 | € 11,754 | € -2,570 | € -17,951 | ▼ € 15,381 |
| Dividend | € 1,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 13,140 | € 42,131 | € 63,474 | € 49,722 | ▼ 22% |
| Balance sheet total | € 87,981 | € 112,067 | € 111,498 | € 85,346 | ▼ 23% |
Key figures of GL DECO, 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 GL DECO?
What happened at GL DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,381. Source: NBB ↗
- New establishment in Verviers. KBO
- Grégory CREMER became a director. NBB
- Logan VAN HAUTEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,558 profit in 2022 to € 15,381 loss in 2025.
Paid € 4,025 in corporate taxes since 2022.
Best year ever: 2022, with € 12,558 profit.
Paid out € 1,600 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 GL DECO are Grégory CREMER and Logan VAN HAUTEN.
Directors
According to the 2025 annual accounts
Grégory CREMER
Director
since 2022
Logan VAN HAUTEN
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Les Cerisiers 118
4800 Verviers
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0779.997.388
- VAT number
- BE 0779.997.388
- Registered office
- Les Cerisiers 118, 4800 Verviers
- Names & denominations
- GL DECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2022
- Peppol
- Active · Active since 28 Aug 2025
- Contact
- [email protected] 0498727616
- Activities · NACE
Schilderen van gebouwen
Installatie van isolatie
Interieurontwerp
Detailhandel in tapijten en andere vloerbedekking en wandbekleding
Overige reiniging van gebouwen; industriële reiniging
Activiteiten van interieurdecorateurs
Isolatiewerkzaamheden
Groothandel in behang, verf en woningtextiel
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