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 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2026; threshold 65 %.
-
Busy address KBO
22 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
Glowy from Leuven, company number BE1003862502, closed financial year 2026 with a result of € -3,576 after tax. For that financial year Glowy recorded a gross margin of € -2,674 and equity of € -2,279. Compared with financial year 2025, the result moved from € -8,702 to € -3,576. 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 October 2, 2026.
€ -2,279
▼ € 3,576 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,576
▲ 59 % less loss than in 2025
Profit after tax over the fiscal year.
€ 3,808
▼ 33% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,279.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 6,086
▲ 40% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|
| Gross margin | € -7,300 | € -2,674 | ▲ € 4,626 |
| Profit after taxes | € -8,702 | € -3,576 | ▲ € 5,126 |
| Equity | € 1,298 | € -2,279 | ▼ € 3,576 |
| Total debts | € 4,349 | € 6,086 | ▲ 40% |
| Cash | € 5,646 | € 3,808 | ▼ 33% |
| Retained profit | € -8,702 | € -12,279 | ▼ € 3,576 |
| Balance sheet total | € 5,646 | € 3,808 | ▼ 33% |
Key figures of Glowy, fiscal years 2025 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
Ask about Glowy the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to Glowy?
What happened at Glowy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 3,576. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Leuven. KBO
- Pieter Myny became a director. NBB
In short
From € 8,702 loss in 2025 to € 3,576 loss in 2026.
Management
The stake of CORE+ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GlowyBehind Glowy is Pieter Myny. The shares are held by CORE+ (100%).
Directors
According to the 2026 annual accounts
Pieter Myny
Director
Also active at: LA MIRAGE, GROUP GLOBISS, PROVALUE, KOMODO INVEST, WESP EUROPE, Bluma Invest, Morevalue, Hyper Invest +8 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Naamsestraat 9
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →LA MIRAGE same network
€ 187,911 gross margin · 2025
GROUP GLOBISS same network
€ 3.7 million gross margin · 2025
PROVALUE same network
€ 570,403 gross margin · 2025
KOMODO INVEST same network
€ -3,603 gross margin · 2025
WESP EUROPE same network
€ -30,199 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CORE+(oprichter) 100%
Details
- Company number
- 1003.862.502
- VAT number
- BE 1003.862.502
- Registered office
- Naamsestraat 9, 3000 Leuven
- Names & denominations
- Glowy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2023
- Peppol
- Not registered