Turnover
≈ €250,000 estimated
The accounts state no turnover.
Glaswerken Devos
Lifetime
6 annual accounts with figures on one time axispeak €45,805 (2023)
€42,894▲ 11.9%
lowest -€20,267 (2020)
€10,423▲ €11,802
peak €711 (2025)
€711▲ €10,423
€221,114▼ 10.2%
Board1 name since 2019
1 director
Documentsfilings and deeds
30-04-2026on the last day
2025abbreviated format
Back to profit: €10,423Equity from -€9,712 to €711Cash from €85 to €2,905
Key points
from the 2025 annual accountsDebts
€221,114 100% of the balance sheet
Financial debts 76%Suppliers 12%Taxes and wages 3%Other 9%
€140,166 of the debts are secured on the company's own assets.
Securities
€231,000
Mortgage mandates, new in 2025. 324.8 times equity · not in the 2024 accounts.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 0 to 37 days before the end of the period.
Starting capital
€5,000 100 shares
Position in the sector
€711
Less equity than 93% of companies in specialised construction. Sector median €340,327 · 9,285 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as Glaswerken Devos has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
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.
| 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 1,250 companies, not a prediction for Glaswerken Devos. 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.
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Signals
Board and ownership
Director, since 04-12-2019
- founderdeed of 06-12-2019
- founderdeed of 06-12-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738720128
Registered office moved from Tielt to Ruiselede
New registered office: Wingenesteenweg 35, 8755 Ruiselede · Previous registered office: Straatakker 5, 8700 Tielt · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: and · Appointment: (director) · published on 06-12-2019 · Gazette deed
First establishment
Straatakker 5, Tielt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Glaswerken Devos Wingene | €221,825 | €42,894 | 0.3% | - |
| GLASSWORK@HOME Haaltert | €186,317 | €32,493 | 38.1% | - |
| CoPa4Life Hamont-Achel | €207,437 | €51,800 | 31.6% | - |
| AYNOBA Veurne | €151,702 | €69,941 | 58.0% | - |
| VENTAMAX Pelt | €117,990 | €38,212 | 39.5% | - |
| LUDO VITRES Huy | €125,636 | €65,417 | 73.6% | - |
| Studio Artglas Hasselt | €165,999 | €96,801 | 16.8% | - |
These companies have the same main activity as Glaswerken Devos: specialised construction activities (NACE 43343). They are comparable in size and age: total assets between €118,000 and €207,000, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 04-12-2019Normal situation
- Activity
- Specialised construction activitiesNACE 43343and 7 others
- Establishment unit
- 2.296.481.2358700 Tielt, since 04-12-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 24-11-2025
Annual accounts to 30-09-2025
- €221,825▼ 6.2%
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on Glaswerken Devos
Glaswerken Devos files the abbreviated format. That format states no turnover. The gross margin rose from €6,683 in 2020 to €42,894 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 Glaswerken Devos
- What is the company number of Glaswerken Devos?
- The company number of Glaswerken Devos is 0738.720.128. The VAT number is the same number with BE in front: BE 0738.720.128.
- Where is Glaswerken Devos based?
- The registered office is at Ruiseledesteenweg 128, 8755 Wingene.Company details
- What does Glaswerken Devos do?
- According to the KBO register, the main activity is specialised construction activities (NACE 43343).
- What is the legal form of Glaswerken Devos?
- Glaswerken Devos is a private limited company (BV).
- When was Glaswerken Devos founded?
- Glaswerken Devos was founded on 04-12-2019.
- Is Glaswerken Devos still active?
- Yes, Glaswerken Devos is an active enterprise in the KBO register.
- What is the turnover of Glaswerken Devos?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €42,894 and 119 comparable companies (NACE 433). It probably lies between €170,000 and €400,000.Financials
- Is Glaswerken Devos profitable?
- In financial year 2025, Glaswerken Devos made a profit of €10,423.
- Where can I find the annual accounts of Glaswerken Devos?
- Glaswerken Devos filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Glaswerken Devos due?
- Glaswerken Devos must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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