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GLASWERKEN VANHEERTUM

Active
Private limited companyfounded 1999active for 27 yearsKoeybleuken 6, 2300 Turnhout, BelgiumKBO/BCE: BE 0466.684.222
Summary

GLASWERKEN VANHEERTUM has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €587,117 and a net result of -€146,785. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 31% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow ReportCompare
GLASWERKEN VANHEERTUMActiveChecked score 66/100
Risk analysis ReportCompare

Overview

Activity
Specialised construction activities
NACE 43343Wholesale of construction materials, general range NACE 46831
6th largest employer in Turnhout, Construction sector1 site
Size
€3.4mturnover 2025
Staff
19.8 FTE
Equity
€587,117
Loss
-€146,785
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
Versmissen · 99.98%
  • DECONSULTDirector · permanent representative Dennis Colart
2025 accounts 59 days early1 of 13 deeds summarised
Why 66raises riskLoss of €146,785 (financial year 2025)Sector: Specialised construction activities (NACE 43)Size: turnover €3.4m, 19.8 FTE, total assets €2.1mlowers riskFounded in 1999Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 25% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 54-10
equity 28.6% of total assets
Liquidity 36-14
short-term debt 45.7% · cash 7.0%
Profitability 32-35
return on assets -7.1%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.8%▲ +0.5 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.52 in 2024, below the usual 1.5; short-term debt: 45.7% and cash: 7% of total assets), and 71.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 35% on solvency, 34% on liquidity, 12% on profitability and 20% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €146,785 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: turnover €3.4m, 19.8 FTE, total assets €2.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-12-2025, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 days early
2024
57 days early
2023
55 days early
2022
56 days early
2021
55 days early
2020
54 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 56 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end31-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€146,785
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: From profit to loss in 2025after €55,093 in 2024 -€146,785 View
  • Caution: Among the weakest 7% on net resultsector median €42,866 · 2,442 companies -€146,785 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Versmissen 99.98% View

By topic

Financials

Financial year
2025
Turnover
€3.4m
Loss
-€146,785
Solvency
28.6%
Turnover▼ 8.8%
Net result
20192025
Go to Financials

Timeline

Events
29
Since
2001
Next accounts
by 31-01-2027
  1. 23-04-2024Appointment: BV Deconsult (director)
  2. 07-12-2023Annual accounts filed
  3. 30-06-2023Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Specialised construction activitiesNACE 43343
Founded
10-08-1999
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GLASWERKEN VANHEERTUM

What is the company number of GLASWERKEN VANHEERTUM?
0466.684.222. In Belgium the VAT number is the company number with BE in front: BE 0466.684.222.
Where is GLASWERKEN VANHEERTUM based?
The registered office is at Koeybleuken 6, 2300 Turnhout.Company details
What does GLASWERKEN VANHEERTUM do?
According to the KBO register, the main activity is specialised construction activities (NACE 43343).
What is the legal form of GLASWERKEN VANHEERTUM?
Private limited company (BV).
When was GLASWERKEN VANHEERTUM founded?
On 10-08-1999.
Is GLASWERKEN VANHEERTUM still active?
Yes, GLASWERKEN VANHEERTUM is an active enterprise in the KBO register.
How many employees does GLASWERKEN VANHEERTUM have?
On average 19.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GLASWERKEN VANHEERTUM?
€3.4m in financial year 2025, according to the filed annual accounts.
Is GLASWERKEN VANHEERTUM profitable?
In financial year 2025, GLASWERKEN VANHEERTUM made a loss of €146,785.
Where can I find the annual accounts of GLASWERKEN VANHEERTUM?
GLASWERKEN VANHEERTUM filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GLASWERKEN VANHEERTUM due?
By 31-01-2027, for financial year 2026.Timeline

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