Gloriaway, MB - financials and debts

Company age: 3 y. 8 mo.

Update

Gloriaway - Company finances

EUR
2023
From: 2023-01-06
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 2,878 3,201 5,602
Profit before tax -2,003 -1,848 -240
Net profit -2,003 -1,848 -240
Equity -2,001 -3,849 -4,089
Liabilities 14,404 15,201 15,866
Non-current assets 217 117 17
Current assets 12,186 11,235 11,760
Total assets 12,403 11,352 11,777
Taxes paid
STI taxes 436 255 429
Financial indicators
Revenue change y/y - +11.2% +75.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -16.1% -16.3% -2.0%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. - - -
Profit margin Net profit margin. Shows the overall profitability of the company. -69.6% -57.7% -4.3%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -69.6% -57.7% -4.3%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - -
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Gloriaway - Social security debts

From To Debt, €
2023-10-03 2023-10-31 58.63
2023-09-01 2023-09-30 58.63
2023-07-03 2023-07-31 58.63
2023-03-01 2023-03-31 58.63

Gloriaway - VMI tax arrears

From To Overdue, €
2026-04-30 2026-05-26 0.03
2025-12-01 2025-12-29 0.02
2025-11-28 2025-11-30 0.01
2025-10-30 2025-11-27 0.02
2025-08-28 2025-09-19 0.02
2025-07-28 2025-07-31 9.0

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Gloriaway, MB (code 306213225) is a Small partnership engaged in retail sale of footwear and leather goods. In the latest financial year, 2025, the company generated revenue of €5.6K, up from €3.2K in 2024 and €2.9K in 2023, showing steady growth over the period. Net profit remained negative, but the loss narrowed materially from €2.0K in 2023 to €1.8K in 2024 and to just €240 in 2025. This improved the profit margin from -69.6% to -57.7% and then to -4.3%, indicating that the business moved much closer to break-even. The 2025 balance sheet shows total assets of €11.8K, equity of -€4.1K and liabilities of €15.9K. Most assets were short-term, while long-term assets were minimal at €17. Asset turnover was 0.48x in 2025, reflecting a relatively modest use of assets to generate sales. Overall, the latest year shows stronger revenue momentum and sharply reduced losses, although the company still operated with negative equity and a leveraged balance sheet.