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
Glennovate from Pelt, company number BE1019153858, closed financial year 2025 with a result of € 11,421 after tax. For that financial year Glennovate recorded a gross margin of € 29,407 and equity of € 198,861. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 198,861
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,421
Profit after tax over the fiscal year.
€ 19,693
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11,421.
People and assets in 2025
€ 4,564
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 571,518
€ 38,085 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 1,779
Supplier invoices still open on the last day of the fiscal year.
€ 18,823
Taxes, VAT and social contributions still to pay.
What happened to Glennovate?
What happened at Glennovate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,421. Source: NBB ↗
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
- Glenn Sevens became a director. NBB
In short
Paid € 8,869 in corporate taxes since 2025.
Management
Behind Glennovate is Glenn Sevens. It owns 48% of Den Ottowasser itself.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Sleutelbloemstraat 1
3910 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1019.153.858
- VAT number
- BE 1019.153.858
- Registered office
- Sleutelbloemstraat 1, 3910 Pelt
- Names & denominations
- Glennovate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2025
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
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