GLASHANDEL DE SMAELE
ActiveFrom the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
GLASHANDEL DE SMAELE has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €21,679. Equity has been shrinking by about 3.9% per year since 2018. Its solvency ranks better than 94% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active Normal situation
- Activity
- Specialised construction activities NACE 43343and 1 other
- Establishment unit
- 2.006.420.749 9300 Aalst, since 01-05-1948
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Board and ownership
- Van De Vyver NinaDirector · since 27-01-2022
- Verhaeghe StefanDirector · since 27-01-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €887,395
- ▼ 13.5%
- Turnover
- ≈ €2.6m
- estimated
- Profit
- €21,679
- ▼ 76.7%
- Equity
- €2.8m
- ▼ 1.9%
- Total assets
- €3.2m
- ▼ 9.1%
- Staff
- 14.8 FTE
- ▼ 3.3%
Score breakdownraises riskLast filed accounts filed 55 days late; 3 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskEquity €2.8m (87.8% of total assets)Founded in 1968Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 95% of them on solvency, 72% on liquidity, 40% on profitability and 25% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 80 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as GLASHANDEL DE SMAELE: specialised construction activities (NACE 43343). They are comparable in size and age: total assets between €2.1m and €3.7m, founded between 1954 and 1983.
| Company | Total assets | Gross margin |
|---|---|---|
| GLASHANDEL DE SMAELE Aalst | €3.2m | €0.9m |
| ALU FOUBERT Beveren-Kruibeke-Zwijndrecht | €2.5m | €1.0m |
| ALFONS DRESSELAERS EN ZOON Sint-Niklaas | €3.2m | €1.2m |
| QUALIGLAS VAN DE VELDE Gent | €2.1m | €1.1m |
| DE GROM Aalst | €2.5m | €1.2m |
| MIROITERIE JEAN LEYS ET FILS Ganshoren | €2.3m | €1.3m |
| GLASCENTRA-BAVIKHOVE Harelbeke | €3.7m | €1.3m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 24-09-2026
- Annual accounts 2024filed on 01-10-2025
- Annual accounts 2023filed on 08-10-2024
- Annual accounts 2022filed on 19-10-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0400.289.108
Key facts about GLASHANDEL DE SMAELE
- What is the company number of GLASHANDEL DE SMAELE?
- The company number of GLASHANDEL DE SMAELE is 0400.289.108. The VAT number is the same number with BE in front: BE 0400.289.108.
- Where is GLASHANDEL DE SMAELE based?
- The registered office is at Dokter André Goffaertsstraat 5, 9300 Aalst.Company details
- What does GLASHANDEL DE SMAELE do?
- According to the KBO register, the main activity is specialised construction activities (NACE 43343).
- What is the legal form of GLASHANDEL DE SMAELE?
- The legal form of GLASHANDEL DE SMAELE is Public limited company (NV).
- When was GLASHANDEL DE SMAELE founded?
- GLASHANDEL DE SMAELE was founded on 01-01-1968.
- Is GLASHANDEL DE SMAELE still active?
- Yes, GLASHANDEL DE SMAELE is an active enterprise in the KBO register.
- How many employees does GLASHANDEL DE SMAELE have?
- GLASHANDEL DE SMAELE had an average of 14.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GLASHANDEL DE SMAELE?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €887,395 and 40 comparable companies (NACE 433). It probably lies between €1.9m and €3.2m.
- Is GLASHANDEL DE SMAELE profitable?
- In financial year 2025, GLASHANDEL DE SMAELE made a profit of €21,679.
- Where can I find the annual accounts of GLASHANDEL DE SMAELE?
- GLASHANDEL DE SMAELE filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of GLASHANDEL DE SMAELE due?
- GLASHANDEL DE SMAELE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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