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GLUON SOFTWARE

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KBO/BCE: BE 0635.802.435
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age10 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GLUON SOFTWARE is 0.2% (very low). The 2024 annual accounts show equity of €1.38M and a net result of €250k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 561 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 94% of 561 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently 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-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 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.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 9 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 30-07-2025 1 d early 2025-00343363
31-12-2023 31-07-2024 29-07-2024 2 d early 2024-00307107
31-12-2022 31-07-2023 26-06-2023 35 d early 2023-00165136
31-12-2021 31-07-2022 29-07-2022 2 d early 2022-20258652
31-12-2020 31-07-2021 29-07-2021 2 d early 2021-43100523
31-12-2019 31-07-2020 16-07-2020 15 d early 2020-31100036
31-12-2018 31-07-2019 26-07-2019 5 d early 2019-39400226
31-12-2017 31-07-2018 31-07-2018 on the day 2018-42700364
31-12-2016 31-07-2017 17-07-2017 14 d early 2017-31300360

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 signals
Established
Founded in 2015, 10 years in business.
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 administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.2% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€250k-69.6%
Working capital€1.02M+15.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · verkort
€-250k€0€250k€500k€750kOperating result 2020: €-81k€-81kNet result 2020: €4k€4kOperating result 2021: €38k€38kNet result 2021: €24k€24kOperating result 2022: €213k€213kNet result 2022: €191k€191kOperating result 2023: €262k€262kNet result 2023: €823k€823kOperating result 2024: €311k€311kNet result 2024: €250k€250k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~118% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€500k€1.00M€1.50M2018: €89k2019: €98k2020: €88k2021: €112k2022: €303k2023: €1.13M2024: €1.38M2018201920202021202220232024
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 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 91.8% 34.8%
better than 94% of 561 sector peers
Net result €250k €15k
better than 91% of 561 sector peers
Equity €1.38M €79k
better than 91% of 561 sector peers
Gross operating margin €402k €81k
better than 76% of 560 sector peers
Total assets €1.50M €314k
better than 83% of 561 sector peers
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).
Solvency P94
2020: P38 · n=1432021: P37 · n=2042022: P59 · n=3462023: P91 · n=4782024: P94 · n=5612020 2024
Improving position over 2020-2024 · n=143-561
Net result P91
2020: P12 · n=1432021: P56 · n=2042022: P88 · n=3462023: P95 · n=4792024: P91 · n=5612020 2024
Improving position over 2020-2024 · n=143-561
Equity P91
2020: P43 · n=1432021: P50 · n=2052022: P73 · n=3472023: P91 · n=4792024: P91 · n=5612020 2024
Improving position over 2020-2024 · n=143-561
Gross operating margin P76
2020: P5 · n=1432021: P45 · n=2042022: P69 · n=3452023: P74 · n=4782024: P76 · n=5602020 2024
Improving position over 2020-2024 · n=143-560
Describes the position versus peers, not a forecast.
EBITDA
€401k
+15.9% 18-24
Net profit
€250k
-69.6% 18-24
Cash flow
€340k
-62.5% 18-24
Total assets
€1.50M
+14.3% 18-24
Equity
€1.38M
+22.2% 18-24
Working capital
€1.02M
+15.5% 18-24
Income taxes
€80k
+26.3% 18-24
Debt
€123k
-33.6% 18-24
Debt ≤ 1y
€123k
+32.2% 18-24
Debt > 1y
€0
-100.0% 18-24
Current ratio
9.29
-11.5% 18-24
Quick ratio
9.29
-11.5% 18-24
Solvency
91.8%
+6.9% 18-24
Debt / equity
0.09
-45.7% 18-24
ROE
18.2%
-75.2% 18-24
ROA
16.7%
-73.4% 18-24
Interest coverage
34.37
+159.5% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€401k
Net profit€250k
Cash flow€340k
Staff costs-
Income taxes€80k
Dividends-
Total assets€1.50M
Equity€1.38M
Debt€123k
of which ≤ 1y€123k
of which > 1y€0
Working capital€1.02M
Employees (FTE)-
Ratios (computed)
2024
Current ratio9.29
Quick ratio9.29
Working capital ratio68.2%
Solvency91.8%
Debt / equity0.09
Long-term debt ratio0.00
Interest coverage34.37
Gross margin-
Net margin-
ROA16.7%
ROE18.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.50M
Fixed assets 21/28€354k
Intangible fixed assets 21€302k
Tangible fixed assets 22/27€2k
Financial fixed assets 28€50k
Current assets 29/58€1.15M
Amounts receivable within one year 40/41€95k
Investments 50/53€599k
Cash & bank 54/58€450k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.50M
Equity 10/15€1.38M
Contributions / capital 10/11€81k
Reserves 13€2k
Accumulated profits (losses) 14€1.29M
Amounts payable 17/49€123k
Amounts payable after one year 17€0
Amounts payable within one year 42/48€123k
Trade debts payable within one year 44€111k
Income statement
Gross operating margin 9900€402k
Operating result 9901€311k
Financial income 75€31k
Financial charges 65€12k
Result before taxes 9903€330k
Income taxes 67/77€80k
Net result for the period 9904€250k
Result to be appropriated 9905€250k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
19 companies at this address See who is registered here

Establishment units

1 location
GLUON SOFTWARE
Industrieweg 3, 3001 LeuvenOntwerpen en programmeren van computerprogramma's
since 20152.244.997.593
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,077 m²
Buildings1
Building footprint918 m²
Volume (LiDAR)4,783 m³
Tallest building6.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.
24514B0186/00S000 Flanders 3,077 m² 1 · 918 m² 6.5 m · 2 fl.
Methodology
via registered seat: 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

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability91Solvency100Growth78Stability100
92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 91
Solvency 100
Growth 78
Stability 100

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200
Primary activity highlighted.
Names & trade names
Legal nameNL GLUON SOFTWARE
Registered office
Industrieweg 3
3001 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.