GLASWERKEN
ActiveSummary
GLASWERKEN has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,205 and a net result of €16,504. Equity has been growing by about 63% per year since 2019. Its solvency ranks better than 66% of 35,008 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-02-2018 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Establishment unit
- 2.276.011.067 1780 Wemmel, since 26-02-2018
- Financial year end
- 31 July
- Peppol
- Reachable since 17-01-2026
Board and ownership
- CRACEA IONUTDirector
- CRACEA lonut100 sharesdeed of 07-06-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €45,682
- ▲ 7.8%
- Turnover
- ≈ €390,000
- estimated
- Profit
- €16,504
- ▲ 4.1%
- Equity
- €81,205
- ▲ 25.5%
- Total assets
- €134,178
- ▼ 14.6%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.33, cash €78,336Equity €81,205 (60.5% of total assets)Size: total assets €134,178Show the evidence
Checked score
Fewer than 1 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, micro). It does better than 66% of them on solvency, 85% on liquidity, 67% on profitability and 72% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-07-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average on the deadline day. 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
- Positive: 7 profitable years in a rowprofit 2025: €16,504 7 years View
Recent changes
- · Gazette deed Registered office moved from Jette to WemmelCapital contribution of €10,000 · Contribution: CRACEA lonut · 100 new shares
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as GLASWERKEN: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €111,000 and €164,000, founded between 2017 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| GLASWERKEN Wemmel | €134,178 | €45,682 |
| LIGAS BATIMENT Roosdaal | €118,736 | €48,806 |
| EG TEC Dilbeek | €110,841 | €47,160 |
| A&I Grondwerken Sint-Pieters-Leeuw | €144,218 | €36,956 |
| Idproj Zaventem | €163,771 | €42,280 |
| LDX Kortenaken | €122,109 | €54,370 |
| STV Pool Projects Opwijk | €123,259 | €58,143 |
Key facts about GLASWERKEN
- What is the company number of GLASWERKEN?
- The company number of GLASWERKEN is 0690.965.939. The VAT number is the same number with BE in front: BE 0690.965.939.
- Where is GLASWERKEN based?
- The registered office is at L. Guyotstraat 80, 1780 Wemmel.Company details
- What does GLASWERKEN do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of GLASWERKEN?
- GLASWERKEN is a private limited company (BV).
- When was GLASWERKEN founded?
- GLASWERKEN was founded on 26-02-2018.
- Is GLASWERKEN still active?
- Yes, GLASWERKEN is an active enterprise in the KBO register.
- What is the turnover of GLASWERKEN?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €45,682 and 93 comparable companies (NACE 43990). It probably lies between €260,000 and €700,000. In financial year 2021 turnover was €185,112.Financials
- Is GLASWERKEN profitable?
- In financial year 2025, GLASWERKEN made a profit of €16,504.
- Where can I find the annual accounts of GLASWERKEN?
- GLASWERKEN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GLASWERKEN due?
- GLASWERKEN must file the annual accounts for financial year 2026 by 28-02-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.