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 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLV Management from Tongeren-Borgloon, company number BE0781837222, closed financial year 2025 with a result of € 44,525 after tax. For that financial year GLV Management recorded a gross margin of € 91,234 and equity of € 5,000. Compared with financial year 2024, the result moved from € 14,724 to € 44,525. Profitable, and profit is growing. The buffer shrank hard: equity is 86 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 5,000
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,525
▲ 202% vs 2024
Profit after tax over the fiscal year.
€ 24,558
▲ 218% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 76,141 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,946
▼ 34% vs 2024
Of which on lease € 33,946.
Debts at end 2025
€ 193,889
▼ 11% vs 2024
€ 24,508 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1,048
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,654
▲ 129% 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 | € 17,983 | € 26,252 | € 65,711 | € 91,234 | ▲ 39% |
| Profit after taxes | € 13,139 | € 3,752 | € 14,724 | € 44,525 | ▲ 202% |
| Equity | € 18,139 | € 21,891 | € 36,616 | € 5,000 | ▼ 86% |
| Total debts | € 101,344 | € 66,070 | € 253,726 | € 280,634 | ▲ 11% |
| Cash | € 15,312 | € 9,450 | € 7,726 | € 24,558 | ▲ 218% |
| Land & buildings | - | - | € 200,077 | € 192,037 | ▼ 4% |
| Retained profit | € 13,139 | € 16,891 | € 31,616 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 76,141 | |
| Bank debt | € 72,918 | € 59,218 | € 217,465 | € 193,889 | ▼ 11% |
| Balance sheet total | € 119,483 | € 87,962 | € 290,341 | € 285,634 | ▼ 2% |
Key figures of GLV Management, 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 GLV Management?
What happened at GLV Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,525 (▲ 202% vs 2024). Source: NBB ↗
- New establishment in Tongeren. KBO
- Glenn Vanheusden became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,139 profit in 2022 to € 44,525 profit in 2025.
Paid € 21,475 in corporate taxes since 2022.
Best year ever: 2025, with € 44,525 profit.
Paid out € 76,141 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 GLV Management is Glenn Vanheusden.
Directors
According to the 2025 annual accounts
Glenn Vanheusden
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Waterstraat 37
3700 Tongeren-Borgloon
Overhaamlaan 30B
3700 Tongeren
Active since 10 February 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0781.837.222
- VAT number
- BE 0781.837.222
- Registered office
- Waterstraat 37, 3700 Tongeren-Borgloon
- Names & denominations
- GLV Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2022
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings