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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 357 days after the legal deadline.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
GLE HOLDING from Brugge, company number BE0890571252, closed financial year 2024 with a result of € -685 after tax. Compared with financial year 2023, the result moved from € -1,072 to € -685. 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 July 23, 2026.
€ -910,746
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -685
▲ 36 % less loss than in 2023
Profit after tax over the fiscal year.
€ 990
▲ 47% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
Debts at end 2024
€ 757,500
Loans from banks and other lenders, long and short.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,787 | - | - | - | |
| Profit after taxes | € 2,607 | € -1,355 | € -1,072 | € -685 | ▲ € 387 |
| Equity | € -907,634 | € -908,989 | € -910,061 | € -910,746 | |
| Total debts | € 910,736 | € 910,736 | € 910,736 | € 911,736 | |
| Cash | € 3,102 | € 1,747 | € 675 | € 990 | ▲ 47% |
| Retained profit | € -1,597,634 | € -1,598,989 | € -1,600,061 | € -1,600,746 | |
| Bank debt | € 757,500 | € 757,500 | € 757,500 | € 757,500 | |
| Balance sheet total | € 3,102 | € 1,747 | € 675 | € 990 | ▲ 47% |
Key figures of GLE HOLDING, fiscal years 2021 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 GLE HOLDING?
What happened at GLE HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 685. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- SME Partners became a director. NBB
In short
From € 2,607 profit in 2021 to € 685 loss in 2024.
Best year ever: 2021, with € 2,607 profit.
Management
The stake of Small & Medium Enterprises Partners comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GLE HOLDINGBehind GLE HOLDING is SME Partners. The shares are held by Small & Medium Enterprises Partners (50.7%).
Directors
According to the 2024 annual accounts
Director · represented by Coene Jan
since 2007
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lanceloot Blondeellaan 11
8380 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.571.252
- VAT number
- BE 0890.571.252
- Registered office
- Lanceloot Blondeellaan 11, 8380 Brugge
- Names & denominations
- GLE HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2007
- Peppol
- Not registered