Summary
Conclusion
the dossier summarised in one paragraphGlorified Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €553k and a net result of €35k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 62% of 1409 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Signals
2 signals · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 09-09-2025 | 40 d late | 2025-00488254 |
| 31-12-2023 | 31-07-2024 | 09-07-2024 | 22 d early | 2024-00231765 |
| 31-12-2022 | 31-07-2023 | 17-07-2023 | 14 d early | 2023-00240628 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneThis is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Financials
Equity€553k+6.8%
Net result€35k+118.7%
Total assets€1.13M+22.5%
Solvency49.0%-7.2pp
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 09-09-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~5%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 49.0% | 37.3% | |
| Net result | €35k | €45k | |
| Equity | €553k | €362k | |
| Gross operating margin | €-269k | €65k | |
| Staff costs | €70k | €70k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P62
Stable position over 2022-2024
· n=841-1409
P46
Improving position over 2022-2024
· n=840-1408
P59
Stable position over 2022-2024
· n=841-1409
P5
Weakening position over 2022-2024
· n=836-1407
Describes the position versus peers, not a forecast.
€35k
+118.7%
22-24
€1.13M
+22.5%
22-24
€553k
+6.8%
22-24
1
-
22-24
€70k
-
22-24
€2k
-57.6%
22-24
€575k
+42.8%
22-24
€376k
+402.1%
22-24
Show 4 other metrics
€199k
-38.1%
22-24
49.0%
-12.8%
22-24
6.4%
+104.8%
22-24
3.1%
+78.5%
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €35k |
| Cash flow | n/a |
| Staff costs | €70k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €1.13M |
| Equity | €553k |
| Debt | €575k |
| of which ≤ 1y | €376k |
| of which > 1y | €199k |
| Working capital | n/a |
| Employees (FTE) | 0.7 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 49.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 3.1% |
| ROE | 6.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2024
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.13M |
| Fixed assets | 21/28 | €410k |
| Formation expenses | 20 | €1k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €407k |
| Current assets | 29/58 | €717k |
| Amounts receivable within one year | 40/41 | €497k |
| Cash & bank | 54/58 | €204k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.13M |
| Equity | 10/15 | €553k |
| Contributions / capital | 10/11 | €500k |
| Reserves | 13 | €18k |
| Accumulated profits (losses) | 14 | €35k |
| Amounts payable | 17/49 | €575k |
| Amounts payable after one year | 17 | €199k |
| Amounts payable within one year | 42/48 | €376k |
| Trade debts payable within one year | 44 | €308k |
| Income statement | ||
| Turnover | 70 | €52k |
| Gross operating margin | 9900 | €-269k |
| Operating result | 9901 | €-342k |
| Financial income | 75 | €10k |
| Financial charges | 65 | €77k |
| Result before taxes | 9903 | €38k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €35k |
| Result to be appropriated | 9905 | €35k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computedModel not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Directors
Directors & mandates
5 directors10 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
NexZt GroupLegal entityDirector· perm. rep.: Tony ZadnikarState Gazette act 25037465 (19-03-2025)Current19-03-2025 → present
-
NexZt Group BVLegal entityDirector· perm. rep.: Tony ZadnikarState Gazette act 24037777 (01-03-2024)Current20-10-2023 → present
Former directors (3)
-
CAStaar BVLegal entityDirector· perm. rep.: Kristof DelilleState Gazette act 24037777 (01-03-2024)Former20-10-2023 → 30-04-2025
2 events
- 30-04-2025 Resigned· Director
- 20-10-2023 Appointed· Director
-
Former- → 20-10-2023
-
Former- → 20-10-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BDO Bedrijfsrevisoren bvCurrent Statutory auditor · represented by Kristof Delille |
- | 04-09-2024 → present |
| CASTAARCurrent Statutory auditor · represented by Kristof Delille |
- | 19-03-2025 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 15-12-2021 |
| Status | Active |
| Postal code | 2040 |
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kauwenstein 52040 AntwerpenEstablishment units
1 locationSKWAT
since 20212.325.256.878
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,592 m²
Buildings1
Building footprint271 m²
Volume (LiDAR)2,659 m³
Tallest building14.4 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71325F0532/00M009 | Flanders | 1,592 m² | 1 · 271 m² | 14.3 m · 4 fl. |
Methodology
via establishment units: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
10 acts Address history · 2
04-12-2025
v3.2
04-04-2023
v3.2
All acts · 10
updated 8 months ago
2025
19-12-2025 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
Statutes change
04-12-2025 Registered office moved from Hasselt to Antwerpen
- Boerenkrijgsingel 44, 3500 Hasselt → Kauwenstein 5, 2040 Antwerpen
Summary:
v3.2
30-10-2025 Dissolution of the company
Summary:
v3.2
30-05-2025 Kristof Delille resigns as director
19-03-2025 1 director appointed, 1 reappointed
2024
04-09-2024 Kristof Delille appointed as statutory auditor
10-07-2024 Publication in the Belgian Official Gazette, Minor change
Summary:
v3.2
01-03-2024 2 directors appointed, 2 resigning
- Kristof Delille, Bestuurder
- Tony Zadnikar, Bestuurder
- Kristof Delille, Bestuurder
- Freek Rubens, Bestuurder
Summary:
v3.2
2023
04-04-2023 Registered office moved
Summary:
v3.2
2021
17-12-2021 Incorporation of a new BV
Summary:
oprichting
Analysis
Financial profile
4 of 5 axes measured77
/ 100
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
44
Solvency
92
Growth
78
Stability
94
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 5,579 of the 24,688 companies in this sector. 3,449 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
| Legal nameNL | Glorified Group |
Registered office
Kauwenstein 5
2040 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.