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GLASHANDEL PEETERS

Active
Private limited companyfounded 198639 yrs activePrinsesstraat 15, 2000 Antwerpen, BelgiumKBO/BCE: BE 0429.875.690

GLASHANDEL PEETERS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €5k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
88 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+79
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 8.83 against 9.32 in 2024; short-term debt: 11.3% and cash: 25.4% of total assets), and 11.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.7%
Return on assets
8.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
38 d early
2023
43 d early
2022
31 d early
2021
17 d late
2020
20 d late
2019
28 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€58k▲ 10.1%
2024 · €52k
2018: €155k 2019: €121k 2020: €114k 2021: €123k 2022: €115k 2023: €75k 2024: €52k
2018 → 2025
Total assets
€65k▲ 12.2%
2024 · €58k
2018: €235k 2019: €167k 2020: €152k 2021: €135k 2022: €128k 2023: €83k 2024: €58k
2018 → 2025
Net result
€5k
2024 · €-22k
2018: €39k 2019: €-34k 2020: €-7k 2021: €9k 2022: €-8k 2023: €-40k 2024: €-22k
2018 → 2025
Working capital
€58k▲ 24.7%
2024 · €46k
2018: €67k 2019: €27k 2020: €52k 2021: €62k 2022: €63k 2023: €63k 2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€123k-€115k▼ 6.5%€75k▼ 35.2%€52k▼ 29.7%€58k▲ 10.1%
Operating result€8k-€-10k€-42k▼ 332%€-24k▲ 42.8%€4k
Net result€9k-€-8k€-40k▼ 406%€-22k▲ 45.3%€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2021: €8k€8kNet result 2021: €9k€9kOperating result 2022: €-10k€-10kNet result 2022: €-8k€-8kOperating result 2023: €-42k€-42kNet result 2023: €-40k€-40kOperating result 2024: €-24k€-24kNet result 2024: €-22k€-22kOperating result 2025: €4k€4kNet result 2025: €5k€5k20212022202320242025
The operating result returns to profit in 2025: €4k after a loss of €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €65k
Equity €58k▲ 10.1%
Debt €7k▲ 32.4%
The debt ratio rises from 9.6% to 11.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10k
2024 · €-18k
Cash flow
€11k
2024 · €-16k
Solvency
88.7%
2024 · 90.4%
Current ratio
8.83
2024 · 9.32
Quick ratio
8.65
2024 · 9.01
Debt / equity
0.13
2024 · 0.11
ROE
9.1%
2024 · -42.2%
ROA
8.1%
2024 · -38.1%
Interest coverage
207.81
2024 · -313.01
Debt
€7k
2024 · €6k
Debt ≤ 1 year
€7k
2024 · €6k
Income taxes
€842
Staff costs
€27k
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€58k€65k
Fixed assets21/28€6k-
Tangible fixed assets22/27€6k-
Plant, machinery and equipment23€3k-
Furniture and vehicles24€3k-
Current assets29/58€52k€65k
Stocks and contracts in progress3€2k€1k
Stocks30/36€2k€1k
Amounts receivable within one year40/41€37k€47k
Trade receivables40€6k€10k
Other amounts receivable41€31k€37k
Cash at bank and in hand54/58€13k€17k
Equity and liabilities
Total equity and liabilities10/49€58k€65k
Equity10/15€52k€58k
Contributions10/11€12k€12k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€14k€20k
Amounts payable17/49€6k€7k
Amounts payable within one year42/48€6k€7k
Trade debts44€2k€4k
Suppliers440/4€2k€4k
Taxes, remuneration and social security45€4k€4k
Taxes450/3€280€230
Remuneration and social security454/9€3k€3k
Income statement Code20242025
Non-recurring operating income76A€5k€21k
Remuneration, social security and pensions62€34k€27k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k
Other operating charges640/8€2k€991
Gross operating margin9900€18k€38k
Operating profit (loss)9901€-24k€4k
Financial income75/76B€2k€2k
Recurring financial income75€2k€2k
Financial charges65/66B€58€48
Recurring financial charges65€58€48
Profit (loss) for the period before taxes9903€-22k€6k
Income taxes67/77-€842
Profit (loss) for the period9904€-22k€5k
Profit (loss) for the period to be appropriated9905€-22k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€14k€20k
Profit (loss) brought forward from the previous period14P€36k€14k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €5k
Net result €5k after 3 loss-making years.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 6.13
Current ratio from 2.55 to 6.13; short-term debt falls from €33k to €12k.
20-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1987
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Prinsesstraat 152000 Antwerpen
Ground area
74 m²
Building footprint
53 m²
Volume, LiDAR
503 m³
Parcel 11802B1986/00F000, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BVBA GLASHANDEL PEETERS
Prinsesstraat 15, 2000 AntwerpenNACE 4544
since 19872.030.447.154
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11802B1986/00F000
ProtectedMonumentStadswoning met trapgevelSource ↗
Flanders 74 m² 1 · 53 m² 11.2 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 100 companies in sector 23150 we hold annual accounts for 40. 24 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-12-1986
Fiscal year end31-12
Activities, NACEBEL
23150Manufacture of other non-metallic mineral products
23190Manufacture of other non-metallic mineral products
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.