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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Late annual account NBB
Fiscal year 2024 was filed 305 days after the legal deadline.
Financials
Financial year 2024
GLF CONSTRUCT from Thuin, company number BE0788602872, closed financial year 2024 with a result of € 1,843 after tax. For that financial year GLF CONSTRUCT recorded revenue of € 295,078 and equity of € 129,649. Compared with financial year 2023, the result moved from € 24,584 to € 1,843. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 129,649
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,843
▼ 93% vs 2023
Profit after tax over the fiscal year.
€ 16,907
▼ 4% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 29,649.
People and assets in 2024
€ 5,839
▲ € 4,570 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,543
▼ 72% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 115,018
▲ 86% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 58,676
▲ € 52,566 vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 90,000 | € 319,754 | € 295,078 | ▼ 8% |
| Gross margin | € 3,242 | € 31,534 | € 21,818 | ▼ 31% |
| Profit after taxes | € 3,221 | € 24,584 | € 1,843 | ▼ 93% |
| Equity | € 103,221 | € 127,806 | € 129,649 | ▲ 1% |
| Total debts | € 207,541 | € 97,839 | € 173,694 | ▲ 78% |
| Cash | € 84,621 | € 17,569 | € 16,907 | ▼ 4% |
| Retained profit | € 3,221 | € 27,806 | € 29,649 | ▲ 7% |
| Balance sheet total | € 310,762 | € 225,645 | € 303,343 | ▲ 34% |
Key figures of GLF CONSTRUCT, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GLF CONSTRUCT?
What happened at GLF CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,843 (▼ 93% vs 2023). filed late Source: NBB ↗
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,221 profit in 2022 to € 1,843 profit in 2024.
Paid € 6,836 in corporate taxes since 2022.
Best year ever: 2023, with € 24,584 profit.
Establishments
Establishment units
Physical locations of this company
Avenue de Ragnies(THN) 86
6530 Thuin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.602.872
- VAT number
- BE 0788.602.872
- Registered office
- Avenue de Ragnies(THN) 86, 6530 Thuin
- Names & denominations
- GLF CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Algemene elektrotechnische installatiewerken
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Isolatiewerkzaamheden