{
 "as_of": "2026-11-11",
 "cmr": "be-cm-kg/XBRU/BE0003797140",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# GBL (Euronext Brussels: BE0003797140) — research page\n\nAs of 2026-11-11 · be-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is GBL, listed on Euronext Brussels under ticker BE0003797140, with ISIN BE0003797140 and LEI 549300KV0ZEHT2KVU152. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 73 filings in the twelve months to 2026-11-11, across 60 filing days. The median gap between filing days is 7 days. The latest filing is dated 2026-11-09, 2 days before the record date, and is of type Announcement of acquisition of own shares. For Euronext Brussels the record holds 115 issuers, a median of 13 filings, a median cadence gap of 19.0 days and a median latency of 21.5 days. Sector peer figures are not on the record for this market.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe record carries no listing, delisting, name change, domicile change or segment move lines, because the market has no lifecycle type map yet. The issuer is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/be/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe record holds five research houses named on the issuer's investor-relations page: AlphaValue, Berenberg, CIC, Citi and ING.\n\n## Open research\n\nNo openly published research notes were found for the issuer.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.be-cm-kg.ai/events/XBRU/BE0003797140 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current) (the halt flag)\n- https://be.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.gbl.com/en/analysts (coverage)\n- https://mcp.be-cm-kg.ai/record/XBRU/BE0003797140 (the record)\n",
 "market": "BE",
 "node": "be-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the BE vintage is not sealed; the record is the live record as of 2026-11-11",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "BE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "be-cm-kg/XBRU/BE0003797140",
  "coverage": {
   "count": 5,
   "houses": [
    {
     "analyst": "Alexandre Desprez",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.gbl.com/en/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Loco Douza",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.gbl.com/en/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Alexandre Gérard",
     "house": "CIC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.gbl.com/en/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Lowe",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.gbl.com/en/analysts",
     "state": "sourced"
    },
    {
     "analyst": "David Vagman",
     "house": "ING",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.gbl.com/en/analysts",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.gbl.com/en/analysts",
     "result": "read: 5 of 20 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 115,
     "median_cadence_gap_days": 19,
     "median_filings": 13,
     "median_latency_days": 21.5,
     "name": "Euronext Brussels"
    },
    "sector": {
     "market": "BE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "Announcement of acquisition of own shares": 46,
    "Announcement of change in denominator or in thresholds": 13,
    "Announcement of dividend or payment of interest": 1,
    "Announcement of notification of major shareholding": 1,
    "Announcement of notification of major shareholding (own shares)": 1,
    "Annual announcement": 1,
    "Annual financial report": 1,
    "Half-yearly financial report": 1,
    "Inside information": 2,
    "Minutes of ordinary general meeting": 1,
    "Notice of extraordinary general meeting": 1,
    "Notice of ordinary general meeting": 1,
    "Quarterly information": 2,
    "Report on payments to governments": 1
   },
   "cadence_median_gap_days": 7,
   "filing_days": 60,
   "filings": 73,
   "latency_days": 2,
   "latest": [
    {
     "category": "Announcement of acquisition of own shares",
     "date": "2026-11-09",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=6132e0a1-a558-49bf-bdc6-641dcc8e15a4",
     "title": "20261109 - Transactions on GBL shares.pdf",
     "type": "Announcement of acquisition of own shares"
    },
    {
     "category": "Quarterly information",
     "date": "2026-11-05",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=b6df9b6c-de3b-4673-b302-e5ff6f954994",
     "title": "results-sept-2026-en.pdf",
     "type": "Quarterly information"
    },
    {
     "category": "Announcement of acquisition of own shares",
     "date": "2026-11-02",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=c41e091b-06f4-48df-87cf-d90de574cfb8",
     "title": "20261102 - Transactions on GBL shares.pdf",
     "type": "Announcement of acquisition of own shares"
    },
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-11-02",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=8b39d7c0-21bb-4439-8c2e-43b5be545404",
     "title": "20261102 - Voting rights and denominator.pdf",
     "type": "Announcement of change in denominator or in thresholds"
    },
    {
     "category": "Announcement of acquisition of own shares",
     "date": "2026-10-26",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=64d3d2fc-031d-4acf-b052-5581eb92c9fe",
     "title": "20261026 - Transactions on GBL shares.pdf",
     "type": "Announcement of acquisition of own shares"
    }
   ],
   "latest_filing_date": "2026-11-09",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003797140",
   "window": {
    "from": "2025-11-11",
    "to": "2026-11-11"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "Euronext Brussels"
   },
   "isin": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003797140"
   },
   "jurisdiction": {
    "market": "BE",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-12",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN BE0003797140)",
    "state": "sourced",
    "value": "549300KV0ZEHT2KVU152"
   },
   "name": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "GBL"
   },
   "sector": {
    "market": "BE",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "BE",
    "state": "not_on_record"
   },
   "segment": {
    "market": "BE",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003797140"
   },
   "website": {
    "market": "BE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "BE",
  "node": "be-cm-kg",
  "numbers_hash": "sha256:f79cd0454592b55d29940d00e72f0679c199d69a4a8b8b6a97aa20badfb1167a",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://be.eu-cm-kg.ai/book/aio.json",
    "door": "https://be.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/be/mifid-ii-product-governance/r1",
   "section": "be.aio.v6"
  },
  "record": {
   "as_of": "2026-11-11",
   "url": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003797140",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-12",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:f79cd0454592b55d29940d00e72f0679c199d69a4a8b8b6a97aa20badfb1167a",
 "path": "/be/XBRU/BE0003797140",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is GBL, listed on Euronext Brussels under ticker BE0003797140, with ISIN BE0003797140 and LEI 549300KV0ZEHT2KVU152. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 73 filings in the twelve months to 2026-11-11, across 60 filing days. The median gap between filing days is 7 days. The latest filing is dated 2026-11-09, 2 days before the record date, and is of type Announcement of acquisition of own shares. For Euronext Brussels the record holds 115 issuers, a median of 13 filings, a median cadence gap of 19.0 days and a median latency of 21.5 days. Sector peer figures are not on the record for this market.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record carries no listing, delisting, name change, domicile change or segment move lines, because the market has no lifecycle type map yet. The issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/be/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record holds five research houses named on the issuer's investor-relations page: AlphaValue, Berenberg, CIC, Citi and ING.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found for the issuer.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003797140"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)"
  },
  {
   "for": "the orderability chapter",
   "source": "https://be.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.gbl.com/en/analysts"
  },
  {
   "for": "the record",
   "source": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003797140"
  }
 ],
 "title": "GBL (BE0003797140) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}