ACTIVE

GLORIEUS

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Financial year 2025 · closed on 30/09/2025

Net result

-2,6 k €

-408.3% YoY

Gross margin

315,3 k €

-2.2% YoY

Equity

36,5 k €

-6.6% YoY

Workforce

7,1 ETP

0.0% YoY

What does GLORIEUS do?

GLORIEUS is a Private limited company incorporated in 2004. Its main activity is: Retail sale of fruit and vegetables in specialised stores. Its registered office is in Horebeke. It employs on average 7,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0867.455.558

Incorporation

27/09/2004

Legal form

Private limited company

Registered office

Broekestraat 107
9667 Horebeke · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

7,1 ETP

Activities (NACE)

47210Retail sale of fruit and vegetables in specialised stores· main 47221Retail sale of meat and meat products in specialised stores 47221Retail sale of meat and meat products in specialised stores 47810Retail sale via stalls and markets of food, beverages and tobacco products 52220Service activities incidental to water transportation 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating+4

Joint committees (2)

Signals

Positive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	315,3 k €	-2.2%	322,5 k €	+15.6%	278,9 k €	+4.2%	267,6 k €	+8.4%	246,8 k €	-0.6%	248,4 k €	+10.2%	225,3 k €	+14.5%	196,8 k €	+6.8%	184,4 k €	-18.0%	224,8 k €	-2.3%	230,2 k €	-0.1%	230,3 k €	-22.1%	295,9 k €	+10.2%	268,5 k €	-6.1%	285,9 k €	+13.7%	251,5 k €	+114%	117,6 k €	-25.2%	157,2 k €	-1.6%	159,7 k €
EBITDA	64,1 k €	-23.4%	83,6 k €	+14.7%	72,9 k €	+28.6%	56,7 k €	-4.4%	59,3 k €	-2.6%	60,9 k €	-18.9%	75,1 k €	-4.1%	78,3 k €	+8.0%	72,5 k €	+15.6%	62,7 k €	+0.2%	62,6 k €	-25.8%	84,4 k €	-26.0%	114 k €	+31.0%	87 k €	-27.3%	119,7 k €	+42.7%	83,9 k €	+600%	-16,8 k €	-155%	30,7 k €	-3.8%	31,9 k €
Operating result	19,8 k €	-21.5%	25,2 k €	+92.0%	13,1 k €	+52.4%	8,6 k €	-35.3%	13,3 k €	-63.1%	36,1 k €	+260%	10 k €	-1.1%	10,1 k €	+44.9%	7 k €	+945%	-828,3 €	-135%	2,4 k €	-78.2%	10,9 k €	-71.2%	37,8 k €	+232%	11,4 k €	-74.6%	44,9 k €	+262%	12,4 k €	+118%	-69,5 k €	-1162%	6,5 k €	-30.7%	9,4 k €
Net result	-2,6 k €	-408%	842,9 €	+117%	-4,9 k €	-50.7%	-3,3 k €	-177%	4,2 k €	-78.7%	20 k €	+2584%	744 €	-79.8%	3,7 k €	+516%	596,8 €	-74.4%	2,3 k €	+141%	-5,8 k €	-306%	-1,4 k €	-107%	19,7 k €	+2194%	859,1 €	-97.0%	28,9 k €	+1252%	2,1 k €	+103%	-69 k €	-2797%	2,6 k €	-54.3%	5,6 k €
Balance sheet
Equity	36,5 k €	-6.6%	39,1 k €	+2.2%	38,3 k €	-11.4%	43,2 k €	-7.0%	46,5 k €	+10.1%	42,2 k €	+89.8%	22,2 k €	+3.5%	21,5 k €	+20.6%	17,8 k €	+3.5%	17,2 k €	+15.7%	14,9 k €	-27.9%	20,6 k €	-6.4%	22,1 k €	+49.6%	14,7 k €	+6.2%	13,9 k €	+192%	-15 k €	+12.5%	-17,2 k €	-164%	27,1 k €	+10.5%	24,5 k €
Total assets	820,9 k €	-7.2%	884,2 k €	-6.8%	948,8 k €	+37.0%	692,7 k €	+95.6%	354,2 k €	+65.7%	213,8 k €	+5.6%	202,4 k €	-14.9%	237,7 k €	-13.2%	273,7 k €	-24.0%	360,4 k €	+4.0%	346,5 k €	-16.0%	412,8 k €	-18.9%	509,2 k €	-21.5%	648,8 k €	+12.4%	577,4 k €	-3.9%	600,9 k €	-4.1%	626,5 k €	+292%	159,6 k €	+21.6%	131,3 k €
Cash	44,2 k €	-0.4%	44,3 k €	-43.9%	79 k €	+84.0%	42,9 k €	-49.8%	85,5 k €	+232%	25,8 k €	+45.9%	17,7 k €	-8.9%	19,4 k €	-38.0%	31,3 k €	-37.4%	50 k €	+225%	15,4 k €	-23.3%	20 k €	+365%	4,3 k €	-93.3%	64,1 k €	+271%	17,2 k €	-42.7%	30,1 k €	+24.0%	24,3 k €	-0.6%	24,5 k €	-11.4%	27,6 k €
Debts	780,9 k €	-7.2%	841,7 k €	-7.2%	907,1 k €	+40.1%	647,3 k €	+111%	306,9 k €	+78.9%	171,6 k €	-4.8%	180,2 k €	-16.7%	216,2 k €	-15.5%	255,9 k €	-25.4%	343,2 k €	+3.5%	331,7 k €	-15.4%	392,1 k €	-19.5%	487,1 k €	-19.3%	603,9 k €	+7.2%	563,5 k €	-8.4%	614,9 k €	-1.6%	625,1 k €	+371%	132,6 k €	+24.2%	106,8 k €
Other
Workforce	7,1 ETP	0.0%	7,1 ETP	+7.6%	6,6 ETP		–		–		–		–		–		–		4,4 ETP	-8.3%	4,8 ETP	-5.9%	5,1 ETP	-7.3%	5,5 ETP	-1.8%	5,6 ETP	+7.7%	5,2 ETP	-1.9%	5,3 ETP	+26.2%	4,2 ETP	+2.4%	4,1 ETP	0.0%	4,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 5 ended

Active mandates

ANNELIES GLORIEUS

Director

Active

CHRISTINE DE KEGEL

Director

Active

ERIC GLORIEUS

Director

Active

Ended mandates

Christine De Kegel

Mandate

Ended

CHRISTINE DE KEGEL

Manager

Ended

CHRISTINGE DE KEGEL

Manager

Ended

Eric Glorieus

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/04/2026	31/03/2025	04/04/2024	03/04/2023	31/03/2022	12/04/2021
General meeting	27/03/2026	25/03/2025	26/03/2024	28/03/2023	29/03/2022	30/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	27/03/2026	27/04/2026	Dutch	PDF
Abridged model	30/09/2024	25/03/2025	31/03/2025	Dutch	PDF
Abridged model	30/09/2023	26/03/2024	04/04/2024	Dutch	PDF
Micro model	30/09/2022	28/03/2023	03/04/2023	Dutch	PDF
Micro model	30/09/2021	29/03/2022	31/03/2022	Dutch	PDF
Micro model	30/09/2020	30/03/2021	12/04/2021	Dutch	PDF
Micro model	30/09/2019	31/03/2020	09/04/2020	Dutch	PDF
Micro model	30/09/2018	26/03/2019	04/04/2019	Dutch	PDF
Micro model	30/09/2017	27/03/2018	05/04/2018	Dutch	PDF
Abridged model	30/09/2016	28/03/2017	30/03/2017	Dutch	PDF
Abridged model	30/09/2015	29/03/2016	05/04/2016	Dutch	PDF
Abridged model	30/09/2014	31/03/2015	02/04/2015	Dutch	PDF
Abridged model	30/09/2013	25/03/2014	03/04/2014	Dutch	PDF
Abridged model	30/09/2012	26/03/2013	30/05/2013	Dutch	PDF
Abridged model	30/09/2011	26/04/2012	30/04/2012	Dutch	PDF
Abridged model	30/09/2010	29/03/2011	11/04/2011	Dutch	PDF
Abridged model	30/09/2009	30/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	31/03/2009	20/05/2009	Dutch	PDF
Abridged model	30/09/2007	25/03/2008	17/04/2008	Dutch	PDF
Abridged model	30/09/2006	27/03/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 5 ended

Active mandates

ANNELIES GLORIEUS

Director

Active

CHRISTINE DE KEGEL

Director

Active

ERIC GLORIEUS

Director

Active

Ended mandates

Christine De Kegel

Mandate

Ended

CHRISTINE DE KEGEL

Manager

Ended

CHRISTINGE DE KEGEL

Manager

Ended

Eric Glorieus

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other05/04/2005
DIVERSEN
PDF
Other05/10/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-2,6 k €↓
2024
Annual accounts 2024842,9 €↑
2023
Annual accounts 2023-4,9 k €↓
2022
Annual accounts 2022-3,3 k €↓
2021
Annual accounts 20214,2 k €↓
2020
Annual accounts 202020 k €↑
2019
Annual accounts 2019744 €↓
2018
Annual accounts 20183,7 k €↑
2017
Annual accounts 2017596,8 €↓
2016
Annual accounts 20162,3 k €↑
2015
Annual accounts 2015-5,8 k €↓
2014
Annual accounts 2014-1,4 k €↓
2013
Annual accounts 201319,7 k €↑
2012
Annual accounts 2012859,1 €↓
2011
Annual accounts 201128,9 k €↑
2010
Annual accounts 20102,1 k €↑
2009
Annual accounts 2009-69 k €↓
2008
Annual accounts 20082,6 k €↓
2007
Annual accounts 20075,6 k €
27/09/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GLORIEUS

Overview

What does GLORIEUS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline