GLASWERKEN BART PUT
ActiveGLASWERKEN BART PUT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €38k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 13.22 against 13.65 in 2024; short-term debt: 5.5% and cash: 16.6% of total assets), and 15% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
85%
Return on assets
10.1%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
6 d early
2023
1 d early
2022
17 d early
2021
25 d early
2020
4 d early
2019
9 d early
← 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€213k
EBIT margin
1.8%
Net result
€38k▲ 47.6%
2024 · €26k
2018: €-5k
2019: €34k
2020: €-4k
2021: €12k
2022: €21k
2023: €32k
2024: €26k
2018 → 2025
Working capital
€253k▼ 13.6%
2024 · €292k
2018: €251k
2019: €227k
2020: €230k
2021: €240k
2022: €256k
2023: €276k
2024: €292k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€266k-€287k▲ 7.9%€318k▲ 11.1%€344k▲ 8.1%€320k▼ 6.9%
Operating result€21k-€33k▲ 53.1%€50k▲ 54.2%€40k▼ 19.9%€53k▲ 30.9%
Net result€12k-€21k▲ 77.5%€32k▲ 51.8%€26k▼ 18.5%€38k▲ 47.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€104k▲ 3.7%
Current assets
€273k▼ 13.4%
Equity and liabilities €377k
Equity
€320k▼ 6.9%
Debt
€56k▼ 20.7%
The debt ratio falls from 17.1% to 15.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€63k▲
2024 · €48k
Cash flow
€48k▲
2024 · €33k
Solvency
85.0%▲
2024 · 82.9%
Current ratio
13.22▼
2024 · 13.65
Quick ratio
12.43▼
2024 · 13.01
Debt / equity
0.18▼
2024 · 0.21
ROE
11.9%▲
2024 · 7.5%
ROA
10.1%▲
2024 · 6.2%
Interest coverage
40.59▲
2024 · 17.57
Debt
€56k▼
2024 · €71k
Debt ≤ 1 year
€21k▼
2024 · €23k
Debt > 1 year
€36k▼
2024 · €48k
Income taxes
€20k▲
2024 · €14k
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€415k€377k▼
Fixed assets21/28€100k€104k▲
Tangible fixed assets22/27€100k€104k▲
Land and buildings22€91k€87k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€4k€13k▲
Current assets29/58€315k€273k▼
Stocks and contracts in progress3€15k€16k▲
Stocks30/36€15k€16k▲
Amounts receivable within one year40/41€65k€43k▼
Trade receivables40€43k€41k▼
Other amounts receivable41€22k€2k▼
Current investments50/53€100k€150k▲
Cash at bank and in hand54/58€134k€63k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€415k€377k▼
Equity10/15€344k€320k▼
Contributions10/11€25k€25k=
Reserves13€156k€132k▼
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€152k€128k▼
Profit (loss) carried forward14€163k€163k=
Amounts payable17/49€71k€56k▼
Amounts payable after more than one year17€48k€36k▼
Financial debts170/4€48k€36k▼
Amounts payable within one year42/48€23k€21k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€996-
Suppliers440/4€996-
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Other amounts payable47/48-€133
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€193
Other operating charges640/8€2k€2k▲
Gross operating margin9900€50k€65k▲
Operating profit (loss)9901€40k€53k▲
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€40k€58k▲
Income taxes67/77€14k€20k▲
Profit (loss) for the period9904€26k€38k▲
Profit (loss) for the period to be appropriated9905€26k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€189k€201k▲
Profit (loss) brought forward from the previous period14P€163k€163k=
Transfer from equity791/2-€62k
Transfer to equity691/2€26k€38k▲
To other reserves6921€26k€38k▲
Profit to be distributed694/7-€62k
Return on contributions (dividend)694-€62k
The notes to these accounts (6 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
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €38k ▲47.6%
Operating result €53k, net result €38k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 14 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, Genk · 1 establishment unit since 2007
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.
Groenven 163600 GenkGround area
1,765 m²
Building footprint
161 m²
Volume, LiDAR
891 m³
Parcel 71306G0221/00S105, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GLASWERKEN BART PUT
since 20072.162.252.833
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0221/00S105 | Flanders | 1,765 m² | 1 · 161 m² | 9.7 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryGLASWERKEN BART PUT BV33767
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SCHILDERWERKEN MAES
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ARTISANS VITRIERS LIEGEOIS
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Liège · Eq €325k
Of 489 companies in sector 43343 we hold annual accounts for 294. 241 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2007
Fiscal year end31-12
Abbreviation NL
BP GLASWERKEN
Activities, NACEBEL
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 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.