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CARGLASS

Active
Public limited companyfounded 1987active for 39 yearsKruisbosstraat 5, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0432.023.845
Summary

CARGLASS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €476.4m and a net result of €51.6m. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 90% of 479 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

History

CARGLASS was incorporated on 18 September 1987.1 Turnover grew from €243.3m in 2018 to €417.9m in 2025 and headcount from 687 to 775 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
11-06
NBB filing Annual accounts filed
financial year 2025 · full format
2025
22-07
Gazette deed Reappointments: Sarah Timmermans, Clare Pettitt and 4 others
Permanent representative: Maarten Poel8 facts ▸
  • General meeting, 06-06-2025
  • Director reappointment, Sarah Timmermans (director)
  • Director reappointment, Clare Pettitt (director)
  • Director reappointment, Gabriela Pueyo (director)
  • Director reappointment, Gerard Damski (director)
  • Director reappointment, Stefan Vuylsteke (director)
  • Auditor reappointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Maarten Poel
10-06
NBB filing Annual accounts filed
financial year 2024 · full format
22-04
Gazette deed Resignation: Marc De Souter (director)
Appointment: Gabriela Pueyo Roberts (director)3 facts ▸
  • General meeting, 21-01-2025
  • Director resignation, Marc De Souter (director)
  • Director appointment, Gabriela Pueyo Roberts (director)
02-01
Gazette deed Permanent representatives: Maarten Poel and Jos Briers
5 facts ▸
  • Board meeting, 12-11-2024
  • Other provision, “commissaris, commissaris” (deed in Dutch)
  • Permanent representative, Maarten Poel (vaste vertegenwoordiger van de commissaris)
  • Permanent representative, Jos Briers (vaste vertegenwoordiger van de commissaris)
  • Director in office, Sarah Timmermans (managing director)
2024
31-12
Financial Highest result from 2018 to 2025net €2.05bn ▲639%
Operating result €35.1m, net result €2.05bn, both a record.
20-06
Gazette deed Resignations: Guido De Paepe (director) and Harshitkumar Viryashchandra Shah (director)
Appointments: Sarah Timmermans (director) and Clare Pettitt (director) · Power of attorney8 facts ▸
  • Power of attorney, Sarah Timmermans (3 times)
  • General meeting, 24-04-2024
  • Director resignation, Guido De Paepe (director)
  • Director resignation, Harshitkumar Viryashchandra Shah (director)
  • Director appointment, Sarah Timmermans (director)
  • Director appointment, Clare Pettitt (director)
  • Board meeting, 02-05-2024
  • Power of attorney, Guido De Paepe
11-06
NBB filing Annual accounts filed
financial year 2023 · full format
14-05
Gazette deed Capital & shares · Restructuring
Merger · Accounting effect5 facts ▸
  • General meeting, 29-03-2024
  • Merger, “verrichting gelijkgesteld met fusie door overneming, artikel 12:50 Wetboek van vennootschappen en verenigingen” (deed in Dutch) (2 times)
  • Other provision, “EERSTE BESLISSING kennisname en bespreking fusievoorstellen, artikel 12:50 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
  • Accounting effect, 01-01-2024
  • Other provision, “kwijting,vrijwaring en bekrachtiging lasthebbers” (deed in Dutch)
2023
13-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Equity above €1bnequity €1.69bn ▲70.1%
2 profitable years in a row build equity to €1.69bn.
07-06
NBB filing Annual accounts filed
financial year 2021 · full format
Show earlier events
2021
31-12
Financial Back to profitnet €14.7m
Net result €14.7m after one loss-making year.
21-06
NBB filing Annual accounts filed
financial year 2020 · full format
2020
31-12
Financial Weakest financial yearnet -€19.0m
Net result drops to -€19.0m, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity more than 7 timescurrent ratio 10.52
Current ratio from 1.41 to 10.52.
31-12
Financial Equity above €500mequity €981.5m ▲298%
Equity rises from €246.7m to €981.5m.
11-06
NBB filing Annual accounts filed
financial year 2019 · full format
2019
10-07
NBB filing Annual accounts filed
financial year 2018 · full format
2018
09-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
25-06
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 38 annual accounts filed, the latest 10 are here; all 38 are under Financials.
5 of 36 deeds read
About the unread acts

Of the 36 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 31 have not been read yet: what they contain is neither established nor disproved here.

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