Glasservice
ActiveGlasservice has been active since 1959 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €347k and a net result of €4k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-8
Solvency100=
Growth64=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.5% 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 risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
99.5%
Return on assets
1.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
45 d early
2023
34 d early
2022
53 d early
2021
56 d early
2020
55 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€133k▲ 29.4%
2020 · €103k
2019: €131k
2020: €103k
2019 → 2021
EBIT margin
8.6%▲ 1.9pp
2020 · 6.7%
2019: 2.1%
2020: 6.7%
2019 → 2021
Net result
€4k▼ 53.8%
2024 · €9k
2019: €-5k
2020: €7k
2021: €13k
2022: €17k
2023: €12k
2024: €9k
2019 → 2025
Working capital
€339k▲ 1.9%
2024 · €332k
2019: €285k
2020: €303k
2021: €320k
2022: €330k
2023: €340k
2024: €332k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€133k-
Equity€325k-€341k▲ 5.1%€354k▲ 3.6%€343k▼ 3.1%€347k▲ 1.3%
Operating result€11k-€17k▲ 50.6%€14k▼ 16.2%€9k▼ 37.3%€1k▼ 85.2%
Net result€13k-€17k▲ 27.1%€12k▼ 26.7%€9k▼ 24.1%€4k▼ 53.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 85% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€8k▼ 21.2%
Current assets
€341k▲ 0.3%
Equity and liabilities €349k
Equity
€347k▲ 1.3%
Debt
€2k▼ 77.3%
The debt ratio falls from 2.0% to 0.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€5k▼
2024 · €13k
Cash flow
€8k▼
2024 · €13k
Solvency
99.5%▲
2024 · 98.0%
Debt / equity
0.00▼
2024 · 0.02
ROE
1.2%▼
2024 · 2.7%
ROA
1.2%▼
2024 · 2.7%
Interest coverage
231.50▼
2024 · 3189.64
Debt
€2k▼
2024 · €7k
Debt ≤ 1 year
€2k▼
2024 · €7k
Income taxes
€5k▼
2024 · €6k
A ratio outside any meaningful range has been withheld (balance sheet total €349k, equity €347k).
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€350k€349k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€10k€8k▼
Financial fixed assets28€397€397=
Current assets29/58€339k€341k▲
Stocks and contracts in progress3€7k€10k▲
Stocks30/36€7k€10k▲
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€2k€351▼
Other amounts receivable41€2k€5k▲
Current investments50/53€196k€214k▲
Cash at bank and in hand54/58€133k€112k▼
Equity and liabilities
Total equity and liabilities10/49€350k€349k▼
Equity10/15€343k€347k▲
Reserves13€343k€347k▲
Distributable reserves133€343k€347k▲
Amounts payable17/49€7k€2k▼
Amounts payable within one year42/48€7k€2k▼
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Other amounts payable47/48-€420
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€355-
Gross operating margin9900€13k€5k▼
Operating profit (loss)9901€9k€1k▼
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€4€23▲
Recurring financial charges65€4€23▲
Profit (loss) for the period before taxes9903€16k€9k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€9k€4k▼
Profit (loss) for the period to be appropriated9905€9k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€4k▼
Transfer to equity691/2€9k€4k▼
To other reserves6921€9k€4k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 213.02
Current ratio from 48.23 to 213.02; short-term debt falls from €7k to €2k.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €17k ▲27.1%
Operating result €17k, net result €17k, both a record.
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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 1959
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.
Schijnpoortweg 172060 AntwerpenGround area
400 m²
Building footprint
440 m²
Volume, LiDAR
4,224 m³
2 parcels, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Elisabethstraat 67, 2060 Antwerpen
since 19592.003.535.295
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0506/00N027 | Flanders | 306 m² | 1 · 306 m² | 14.5 m · 4 fl. |
| 11805E0384/00T008 | Flanders | 94 m² | 1 · 134 m² | 13.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Verf, Behang & Raamdecoratie
BE 0434.531.987
Erpe-Mere · Eq €344k
CANDELA VERLICHTING
BE 0438.829.582
Wetteren · Eq €351k
100% SISTERS
BE 0890.033.891
Lasne · Eq €352k
PAKJESHUIS PASSE - VITE
BE 0478.389.449
Lierde · Eq €338k
ASLEY BELGIQUE
BE 0457.692.619
Charleroi · Eq €356k
Of 762 companies in sector 47552 we hold annual accounts for 443. 354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-1959
Fiscal year end30-06
Activities, NACEBEL
47552Retail sale of lighting equipment
47592Retail trade
52442
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:glas-service.be
E-mail:glas-service@hotmail.be