Skip to content

GLASWERKEN LEERS

Active
Private limited companyfounded 1987active for 38 yearsLostraat 47, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0432.686.613

From the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

GLASWERKEN LEERS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302,981 and a net result of €109,046. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 55% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 08-12-1987 Normal situation
Legal form
Private limited company
Registered office
Lostraat 47, 2220 Heist-op-den-Berg
Activity
Specialised construction activities NACE 43343
Establishment unit
2.032.465.645 2220 Heist-op-den-Berg, since 22-12-1987
Financial year end
31 December
Peppol
Reachable since 28-11-2024

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€533,754
▲ 35.4%
Turnover
≈ €1.6m
estimated
Profit
€109,046
▲ 120%
Equity
€302,981
▼ 20.8%
Total assets
€632,975
▼ 6.5%
Staff
6 FTE
▲ 11.1%
2025 accounts filed 57 days before the deadline
Filed on 04-06-2026PDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.40, cash €100,362Founded in 1987Equity €302,981 (47.9% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 73-9
equity 47.9% of total assets
Liquidity 51-20
short-term debt 39.5% · cash 15.9%
Profitability 90+12
return on assets 17.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 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 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 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%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (2.67 in 2024), below the usual 1.5. Short-term debt is 39.5% and cash 15.9% of total assets. 52.1% 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 52% of them on solvency, 46% on liquidity, 76% on profitability and 18% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 1.40, cash €100,362
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €302,981 (47.9% of total assets)
NBB · annual accounts
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
36 days early
2023
57 days early
2022
54 days early
2021
52 days early
2020
60 days early
2019
59 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 54 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 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Result rose in 2025from €49,623 to €109,046 ▲ 120% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €109,046 8 years View

Documents

Annual accounts at the NBB

All 38 annual accounts

Articles and registers

Key facts about GLASWERKEN LEERS

What is the company number of GLASWERKEN LEERS?
The company number of GLASWERKEN LEERS is 0432.686.613. The VAT number is the same number with BE in front: BE 0432.686.613.
Where is GLASWERKEN LEERS based?
The registered office is at Lostraat 47, 2220 Heist-op-den-Berg.Company details
What does GLASWERKEN LEERS do?
According to the KBO register, the main activity is specialised construction activities (NACE 43343).
What is the legal form of GLASWERKEN LEERS?
The legal form of GLASWERKEN LEERS is Private limited company (BV).
When was GLASWERKEN LEERS founded?
GLASWERKEN LEERS was founded on 08-12-1987.
Is GLASWERKEN LEERS still active?
Yes, GLASWERKEN LEERS is an active enterprise in the KBO register.
How many employees does GLASWERKEN LEERS have?
GLASWERKEN LEERS had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GLASWERKEN LEERS?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €533,754 and 40 comparable companies (NACE 433). It probably lies between €1.2m and €1.9m.
Is GLASWERKEN LEERS profitable?
In financial year 2025, GLASWERKEN LEERS made a profit of €109,046.
Where can I find the annual accounts of GLASWERKEN LEERS?
GLASWERKEN LEERS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of GLASWERKEN LEERS due?
GLASWERKEN LEERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as GLASWERKEN LEERS: specialised construction activities (NACE 43343). They are comparable in size and age: total assets between €449,000 and €741,000, founded between 1955 and 2001.

CompanyTotal assetsGross margin
GLASWERKEN LEERS Heist-op-den-Berg€632,975€533,754
Topglass Torhout€675,413€407,631
GLASWERKEN VIGOUREUX Wijnegem€449,193€471,397
VAN GEYSTELEN EUROTHERM Beveren-Kruibeke-Zwijndrecht€539,976€443,867
FAMGLAS Zele€674,745€517,943
Verhaert en Compagnie Ranst€557,414€365,045
SIROCO Marche-en-Famenne€741,426€428,704
Full comparison

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.