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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Glorius from Houthulst, company number BE0795202535, closed financial year 2025 with a result of € -117,424 after tax. For that financial year Glorius recorded a gross margin of € -91,860 and equity of € 14,498. Compared with financial year 2024, the result moved from € 70,287 to € -117,424. The company made a loss. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 14,498
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -117,424
▼ still € 70,287 profit in 2024
Profit after tax over the fiscal year.
€ 72,261
▼ 70% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,498.
People and assets in 2025
€ 645
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,962
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 363,778
▼ 18% vs 2024
€ 129,668 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 478,790
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,547
▼ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 72,751 | € 102,775 | € -91,860 | ▼ € 194,635 |
| Profit after taxes | € 51,635 | € 70,287 | € -117,424 | ▼ € 187,711 |
| Equity | € 61,635 | € 131,922 | € 14,498 | ▼ 89% |
| Total debts | € 1,299,375 | € 1,141,523 | € 865,336 | ▼ 24% |
| Cash | € 139,753 | € 242,409 | € 72,261 | ▼ 70% |
| Retained profit | € 51,635 | € 121,922 | € 4,498 | ▼ 96% |
| Bank debt | € 564,300 | € 444,300 | € 363,778 | ▼ 18% |
| Balance sheet total | € 1,361,010 | € 1,273,445 | € 879,834 | ▼ 31% |
Key figures of Glorius, fiscal years 2023 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 Glorius?
What happened at Glorius in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 117,424 (▼ € 187,711 vs 2024). filed late Source: NBB ↗
- New establishment in Houthulst. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,635 profit in 2023 to € 117,424 loss in 2025.
Paid € 31,035 in corporate taxes since 2023.
Best year ever: 2024, with € 70,287 profit.
Establishments
Establishment units
Physical locations of this company
Melanedreef 24
8650 Houthulst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0795.202.535
- VAT number
- BE 0795.202.535
- Registered office
- Melanedreef 24, 8650 Houthulst
- Names & denominations
- Glorius
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2022
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
Fokvarkenshouderijen
Varkensvetmesterijen
Goederenvervoer over de weg
Ondersteunende activiteiten in verband met de veeteelt
Groothandel in levend vee
Handelsbemiddeling in de groothandel in landbouwgrondstoffen, levende dieren en textielgrondstoffen en halffabricaten