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GLASWERKEN BART PUT

Active
Private limited companyfounded 2007active for 19 yearsGroenven 16, 3600 Genk, BelgiumKBO/BCE: BE 0887.718.561
Summary

GLASWERKEN BART PUT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,307 and a net result of €38,121. Equity has been growing by about 5.6% per year since 2018. Its solvency ranks better than 90% of 34,946 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 01-03-2007 Normal situation
Activity
Specialised construction activities NACE 43343
Establishment unit
2.162.252.833 3600 Genk, since 06-03-2007
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€64,813
▲ 30.8%
Turnover
≈ €240,000
estimated
Profit
€38,121
▲ 47.6%
Equity
€320,307
▼ 6.9%
Total assets
€376,736
▼ 9.3%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 13.22, cash €62,628, halvedEquity €320,307 (85.0% of total assets)Founded in 2007Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 85.0% of total assets
Liquidity 71-19
short-term debt 5.5% · cash 16.6%
Profitability 81+4
return on assets 10.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.22 (13.65 in 2024), above the usual 1.5. Short-term debt is 5.5% and cash 16.6% of total assets. 15% of the assets are financed with debt and provisions.
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 90% of them on solvency, 69% on liquidity, 62% on profitability and 27% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 13.22, cash €62,628, halved
NBB · annual accounts
lowers risk · Equity €320,307 (85.0% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
6 days early
2023
1 day early
2022
17 days early
2021
25 days early
2020
4 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days before 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 91% of companies in specialised constructionsector median €57,775 · 34,958 companies €320,307 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €38,121 5 years View

Recent changes

  1. · Gazette deed Resignation: PUT Bart Maurice Gerard (manager)Reappointment: PUT Bart Maurice Gerard (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as GLASWERKEN BART PUT: specialised construction activities (NACE 43343). They are comparable in size and age: total assets between €292,000 and €412,000, founded between 2004 and 2009.

CompanyTotal assetsGross margin
GLASWERKEN BART PUT Genk€376,736€64,813
GLASWERKEN LUC BLOCKX Arendonk€370,169€70,748
GLASDESIGN ROELAND DE SMET Temse€412,364€74,883
GLAS ATELJEE Waasmunster€292,136€60,930
GLAS MVH Antwerpen€336,621€46,791
ALL GLASS SOLUTIONS Braine-l'Alleud€361,054€97,045
MARKUS GLASS Braine-l'Alleud€343,312€44,000
Full comparison

Key facts about GLASWERKEN BART PUT

What is the company number of GLASWERKEN BART PUT?
The company number of GLASWERKEN BART PUT is 0887.718.561. The VAT number is the same number with BE in front: BE 0887.718.561.
Where is GLASWERKEN BART PUT based?
The registered office is at Groenven 16, 3600 Genk.Company details
What does GLASWERKEN BART PUT do?
According to the KBO register, the main activity is specialised construction activities (NACE 43343).
What is the legal form of GLASWERKEN BART PUT?
The legal form of GLASWERKEN BART PUT is Private limited company (BV).
When was GLASWERKEN BART PUT founded?
GLASWERKEN BART PUT was founded on 01-03-2007.
Is GLASWERKEN BART PUT still active?
Yes, GLASWERKEN BART PUT is an active enterprise in the KBO register.
What is the turnover of GLASWERKEN BART PUT?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €64,813 and 89 comparable companies (NACE 433). It probably lies between €170,000 and €410,000. In financial year 2018 turnover was €212,665.Financials
Is GLASWERKEN BART PUT profitable?
In financial year 2025, GLASWERKEN BART PUT made a profit of €38,121.
Where can I find the annual accounts of GLASWERKEN BART PUT?
GLASWERKEN BART PUT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLASWERKEN BART PUT due?
GLASWERKEN BART PUT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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