Glenn Vreys
ActiveSummary
Glenn Vreys has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,428 and a net result of €17,946. Equity is growing by about 88% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.5% (low).
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €306 | €255 | €4,205 | ▲ 1,550% |
| Other operating charges640/8 | €109 | €118 | €1,238 | ▲ 949% |
| Gross operating margin9900 | €10,401 | €20,592 | €29,575 | ▲ 43.6% |
| Operating profit (loss)9901 | €9,986 | €20,220 | €24,132 | ▲ 19.4% |
| Financial income75/76B | €0 | €3 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €3 | €0 | ▼ 100% |
| Financial charges65/66B | €476 | €6,675 | €1,305 | ▼ 80.4% |
| Recurring financial charges65 | €476 | €6,675 | €1,305 | ▼ 80.4% |
| Profit (loss) for the period before taxes9903 | €9,510 | €13,547 | €22,827 | ▲ 68.5% |
| Income taxes67/77 | €4,713 | €5,864 | €4,881 | ▼ 16.8% |
| Profit (loss) for the period9904 | €4,798 | €7,684 | €17,946 | ▲ 134% |
| Profit (loss) for the period to be appropriated9905 | €4,798 | €7,684 | €17,946 | ▲ 134% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €85,934 | €97,828 | €105,811 | ▲ 8.2% |
| Formation expenses20 | €968 | €714 | €459 | ▼ 35.7% |
| Fixed assets21/28 | €70,000 | €70,000 | €85,800 | ▲ 22.6% |
| Tangible fixed assets22/27 | - | - | €15,800 | - |
| Furniture and vehicles24 | - | - | €15,800 | - |
| Financial fixed assets28 | €70,000 | €70,000 | €70,000 | = |
| Current assets29/58 | €14,966 | €27,115 | €19,553 | ▼ 27.9% |
| Amounts receivable within one year40/41 | €4,352 | €6,731 | €2,693 | ▼ 60.0% |
| Trade receivables40 | €4,116 | €6,731 | €2,693 | ▼ 60.0% |
| Other amounts receivable41 | €236 | €0 | - | - |
| Cash at bank and in hand54/58 | €3,577 | €7,680 | €16,860 | ▲ 120% |
| Deferred charges and accrued income490/1 | €7,037 | €12,704 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €85,934 | €97,828 | €105,811 | ▲ 8.2% |
| Equity10/15 | €6,798 | €14,481 | €32,428 | ▲ 124% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €4,798 | €12,481 | €12,481 | = |
| Distributable reserves133 | €4,798 | €12,481 | €12,481 | = |
| Profit (loss) carried forward14 | - | - | €17,946 | - |
| Amounts payable17/49 | €79,136 | €83,347 | €73,384 | ▼ 12.0% |
| Amounts payable after more than one year17 | €70,000 | €48,010 | €46,743 | ▼ 2.6% |
| Financial debts170/4 | €70,000 | €48,010 | €46,743 | ▼ 2.6% |
| Amounts payable within one year42/48 | €9,136 | €35,337 | €26,641 | ▼ 24.6% |
| Current portion of amounts payable after more than one year42 | - | €10,222 | €14,946 | ▲ 46.2% |
| Trade debts44 | €2,415 | €12,759 | €322 | ▼ 97.5% |
| Suppliers440/4 | €2,415 | €12,759 | €322 | ▼ 97.5% |
| Taxes, remuneration and social security45 | €6,721 | €6,954 | €5,971 | ▼ 14.1% |
| Taxes450/3 | €4,713 | €6,954 | €5,971 | ▼ 14.1% |
| Remuneration and social security454/9 | €2,008 | €0 | - | - |
| Other amounts payable47/48 | - | €5,402 | €5,402 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,798 | €7,684 | €17,946 | ▲ 134% |
| + Depreciation and write-downs630 | €306 | €255 | €4,205 | ▲ 1,550% |
| Operating cash flow (approximation) | €5,104 | €7,939 | €22,151 | ▲ 179% |
| Investment in fixed assets (approximation) | - | -€255 | -€20,005 | ▼ 7,749% |
| Change in cash | - | €4,104 | €9,179 | ▲ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00337891 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00513889 |
| 31-12-2023 | abbreviated format | 29-08-2024 | 2024-00392584 |
Subsidies and aid
Flemish government
2023 · 1 entry · €340 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.