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GLASSWORK@HOME

Active Private limited companyfounded 2019active for 7 yearsBakkerstraat 38, 9450 HaaltertKBO/BCE: BE 0737.441.114

Lifetime

6 annual accounts with figures on one time axis
peak €66,052 (2024)
€32,493▼ 50.8%
peak €35,690 (2022)
€8,947▼ 67.8%
peak €120,918 (2024)
€71,041▼ 41.2%
€115,275▲ 72.9%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
30-04-202692 days before the deadline
2025micro format
Gross margin from €66,052 to €32,493Result from €27,778 to €8,947Dividend €58,824Equity from €120,918 to €71,041Debts from €66,670 to €115,275

Key points

from the 2025 annual accounts

Equity

€71,041 ▼ 41.2%
120,9182024+8,947Profit-58,824Dividend71,0412025

GLASSWORK@HOME paid out €58,824 in dividends. That is 657% of the 2025 profit.

Liquidity

1.46 was 3.12 in 2024

Short-term debts rose from €42,659 to €101,313.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 39 to 142 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as GLASSWORK@HOME has now. Each dot stands for 13 companies, two years later.

93.9%
were still trading
3.9%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,053 companies, not a prediction for GLASSWORK@HOME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 2,500 sharesdeed of 08-11-2019
  • 2,500 sharesdeed of 08-11-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0737441114
Incorporation Founding capital of €5,000, 5,000 shares · Founders: (comparant) and (comparant) · Appointments: (director) and (director) · published on 08-11-2019 · Gazette deed
First establishment Bakkerstraat 38, Haaltert
All 12 events

Comparable companies

same main activity, similar in size and age
Company
GLASSWORK@HOME Haaltert €186,317 €32,493 38.1% -
Glaswerken Devos Wingene €221,825 €42,894 0.3% -
CoPa4Life Hamont-Achel €207,437 €51,800 31.6% -
VENTAMAX Pelt €117,990 €38,212 39.5% -
Jimmy Châssis Brussels €110,532 €31,673 75.3% -
DISTRI GLASS Zaventem €97,402 €28,088 53.9% -
LANDELIJK GLAS Maaseik €100,004 €27,905 9.3% -

These companies have the same main activity as GLASSWORK@HOME: specialised construction activities (NACE 43343). They are comparable in size and age: total assets between €97,400 and €222,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 06-11-2019Normal situation
Activity
Specialised construction activitiesNACE 43343and 2 others
Establishment unit
2.295.775.3139450 Haaltert, since 06-11-2019
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

≈ €190,000estimated
€186,317▼ 0.7%
Filing
Filed on 30-04-2026, 92 days before the end of the filing period
Financials

Insights on GLASSWORK@HOME

GLASSWORK@HOME files the micro format. That format states no turnover. The gross margin fell from €44,017 in 2020 to €32,493 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GLASSWORK@HOME

What is the company number of GLASSWORK@HOME?
The company number of GLASSWORK@HOME is 0737.441.114. The VAT number is the same number with BE in front: BE 0737.441.114.
Where is GLASSWORK@HOME based?
The registered office is at Bakkerstraat 38, 9450 Haaltert.Company details
What does GLASSWORK@HOME do?
According to the KBO register, the main activity is specialised construction activities (NACE 43343).
What is the legal form of GLASSWORK@HOME?
GLASSWORK@HOME is a private limited company (BV).
When was GLASSWORK@HOME founded?
GLASSWORK@HOME was founded on 06-11-2019.
Is GLASSWORK@HOME still active?
Yes, GLASSWORK@HOME is an active enterprise in the KBO register.
What is the turnover of GLASSWORK@HOME?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €32,493 and 98 comparable companies (NACE 433). It probably lies between €140,000 and €310,000.Financials
Is GLASSWORK@HOME profitable?
In financial year 2025, GLASSWORK@HOME made a profit of €8,947.
Where can I find the annual accounts of GLASSWORK@HOME?
GLASSWORK@HOME filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLASSWORK@HOME due?
GLASSWORK@HOME must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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