Active · per the CBE, 16 September 2026

GLAM HOLDING

BE0877764777

Rechtspersoon Public limited company 1 establishment

Louizalaan 240 box 14, 1050 Elsene

Behind the company: RED 5 SRL.

Active for

20 year, 9 months

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 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2025 and 2026.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2026; threshold 65 %.

  • Busy address KBO

    88 other companies have their registered office at the same address; threshold 10.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2026

GLAM HOLDING from Elsene, company number BE0877764777, closed financial year 2026 with a result of € -335,281 after tax. For that financial year GLAM HOLDING recorded a gross margin of € -10,226 and equity of € -68.4 million. Compared with financial year 2025, the result moved from € -365,484 to € -335,281. 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 August 22, 2026.

What it is worth Caution

€ -68.4 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -335,281

▲ 8 % less loss than in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 2,003

▼ 58% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -110.4 million.

Debts at end 2026

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 10,463

▲ € 8,496 vs 2025

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Gross margin € -25,624 € -22,981 € -9,979 € -10,226 ▼ € 246
Profit after taxes € -8,253,332 € -306,565 € -365,484 € -335,281 ▲ € 30,203
Equity € -67,347,987 € -67,654,552 € -68,020,036 € -68,355,317
Total debts € 67,411,138 € 67,662,847 € 68,032,911 € 68,365,436
Cash € 56,411 € 1,555 € 4,799 € 2,003 ▼ 58%
Retained profit € -109,409,487 € -109,716,052 € -110,081,536 € -110,416,817
Balance sheet total € 63,151 € 8,295 € 12,874 € 10,119 ▼ 21%

Key figures of GLAM HOLDING, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.

What happened to GLAM HOLDING?

What happened at GLAM HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2026: loss of € 335,281. Source: NBB ↗
  • RED 5 SRL became a director. NBB
  • New establishment in Charleroi. KBO
  • Start of the company according to the CBE. KBO

In short

From € 8.3 million loss in 2023 to € 335,281 loss in 2026.

Management

RED 5 SRL 98.5%
GLAM HOLDING
STOCK J JENNYFER ISRAEL 25%

Behind GLAM HOLDING is RED 5 SRL. The shares are held by RED 5 SRL (98.5%). It owns 25% of STOCK J JENNYFER ISRAEL and 22.7% of NOUVEAU RETAIL SAS itself.

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Directors

According to the 2026 annual accounts

RED 5 SRL

Director · represented by Marc GROSMAN

since 2020

Shareholders

RED 5 SRL

98.5%

Participations

STOCK J JENNYFER ISRAEL

25%

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 240 box 14

1050 Elsene

2.152.447.024

Rue de Bordeaux 50 box 1

6040 Charleroi

Active since 23 March 2006

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0877.764.777
VAT number
BE 0877.764.777
Registered office
Louizalaan 240 bus 14, 1050 Elsene
Names & denominations
GLAM HOLDING
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
7 December 2005
Peppol
Not registered

Frequently asked questions

What is the address of GLAM HOLDING?
The registered office of GLAM HOLDING is located at Louizalaan 240 box 14, 1050 Elsene.
Is GLAM HOLDING still active?
Yes. According to the CBE (16 September 2026) GLAM HOLDING is active, legal situation “Normale toestand”, started on 7 December 2005.
Is GLAM HOLDING registered on Peppol?
No, GLAM HOLDING is currently not registered on the Peppol network.
What is the enterprise number of GLAM HOLDING?
The enterprise number of GLAM HOLDING is BE0877764777.
When was GLAM HOLDING founded?
GLAM HOLDING was founded on 7 December 2005.
Who owns GLAM HOLDING?
Behind GLAM HOLDING is RED 5 SRL. The shares are held by RED 5 SRL (98.5%). It owns 25% of STOCK J JENNYFER ISRAEL and 22.7% of NOUVEAU RETAIL SAS itself.