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 3 of the last 3 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 2 to 1.
Financials
Financial year 2025
GLAMAROME from Turnhout, company number BE0886713820, closed financial year 2025 with a result of € 216,009 after tax. For that financial year GLAMAROME recorded a gross margin of € 347,148 and equity of € -433,051. Compared with financial year 2023, the result moved from € 115,235 to € 216,009. Profitable, and profit is growing. 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 October 3, 2025.
€ -433,051
▲ € 609,002 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 216,009
▲ 87% vs 2023
Profit after tax over the fiscal year.
€ 190,205
▲ 133% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.1 million.
People and assets in 2025
1
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 88,623
▼ 28% vs 2023
€ 88,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,219
▲ 1% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 124,500
Loans from banks and other lenders, long and short.
€ 282,818
▼ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,200
▲ 94% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -13,317 | € 269,538 | € 347,148 | ▲ 29% |
| Profit after taxes | € -489,142 | € 115,235 | € 216,009 | ▲ 87% |
| Equity | € -1,157,288 | € -1,042,053 | € -433,051 | ▲ € 609,002 |
| Total debts | € 1,822,853 | € 1,700,797 | € 1,241,077 | ▼ 27% |
| Cash | € 71,026 | € 81,564 | € 190,205 | ▲ 133% |
| Retained profit | € -1,844,788 | € -1,729,553 | € -1,120,551 | ▲ € 609,002 |
| Bank debt | € 124,500 | € 124,500 | € 124,500 | |
| Balance sheet total | € 665,565 | € 658,743 | € 808,026 | ▲ 23% |
| Employees (FTE) | 2 | 1.5 | 1 | ▼ 0.5 |
Key figures of GLAMAROME, 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 October 2026.
What happened to GLAMAROME?
What happened at GLAMAROME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kuldeep Mathur stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 216,009 (▲ 87% vs 2023). Source: NBB ↗
- Kuldeep Mathur became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 489,142 loss in 2022 to € 216,009 profit in 2025.
Best year ever: 2025, with € 216,009 profit.
On average € 347,100 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Kuldeep Mathur
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Industriedijk 22
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0886.713.820
- VAT number
- BE 0886.713.820
- Registered office
- Industriedijk 22, 2300 Turnhout
- Names & denominations
- GLAMAROME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2007
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Groothandel in parfumerieën en cosmetica