ACTIVE

GLM Trading

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Financial year 2025 · Closed on 31/12/2025

Net result403,1 k €+30,5 %over 1 year
Gross margin670,5 k €+375,7 %over 1 year
Equity801,5 k €+101,2 %over 1 year

Identity

Source · BCE/KBO

GLM Trading is a Private limited company incorporated in 2022. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0789.897.823
Incorporation
23/08/2022
Legal form
Private limited company
Registered office
Grote Markt 24
2000 Antwerpen · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin670,5 k €140,9 k €108,4 k €
EBITDA669,5 k €140,4 k €107,6 k €
Operating result592,5 k €138,6 k €106,1 k €
Net result403,1 k €308,9 k €84,5 k €
Balance sheet
Equity801,5 k €398,4 k €89,5 k €
Total assets2,4 M €1,6 M €1 M €
Cash12,5 k €237,8 k €329 €
Debts1,6 M €1,2 M €955,2 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mehdi KARIMI
Directorsince 23/08/2022

Other companies at this address

Grote Markt 24 2000 Antwerpen
CompanyCBE no.
CDN TRADING● Active
0782.732.194
Karo & Co Company● Active
1022.497.982

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202423/08/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months17 months
Filing date30/07/202604/07/202513/09/2024
General meeting05/06/202606/06/202530/08/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202630/07/2026DutchPDF
Abridged model31/12/202406/06/202504/07/2025DutchPDF
Abridged model31/12/202330/08/202413/09/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Mehdi KARIMI
Directorsince 23/08/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other25/08/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
Mehdi KARIMI
20222023202420252026
GLM Trading
Grote Markt 24, 2000 Antwerp
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Grote Markt 24, 2000 AntwerpCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00358088

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
GLM TradingCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00358088

Events

  1. 2025
    Annual accounts 2025403,1 k €↑
  2. 2024
    Annual accounts 2024308,9 k €↑
  3. 2023
    Annual accounts 202384,5 k €
  4. 23/08/2022
    IncorporationPrivate limited company