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GLUESTONE

Active Private limited companyfounded 2013active for 13 yearsBekestraat 12, 9750 KruisemKBO/BCE: BE 0534.701.612
GLUESTONE
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 28-08-2026, 28 days late
€292,128
▲ 15.6%
€234,622
▼ 0.5%
€166,895
▲ 8.7%
€333,296
▲ 0.2%
45.5%
▼ 11.0 percentage points
1.64
▼ 0.55

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €690,000. Estimated: probably between €410,000 and €1.2m.

Balance sheet

balance sheet total €1.1m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

45.5%

Higher than 58% of 529 companies in 2025.

1.64

Higher than 55% of 520 companies in 2025.

14.6%

Higher than 76% of 519 companies in 2025.

GLUESTONE Middle half of the sector 80% of the sector Abbreviated accounts in civil engineering (NACE 42)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 1.1m683,472492,580520,048347,842363,444171,692290,255187,566143,101117,30542,96563,621
21/28 292,78573,44484,99567,6872,5883,5874,97913,07117,05623,81926,8001,105-
21 160,438------------
22/27 131,99673,09484,64567,3372,2383,2374,62912,72116,70623,81926,8001,105-
23 12,55216,77122,59528,4195851,1711,7562,341-----
24 3,0712,2552,9161,2401,6532,0662,87310,38016,70623,81926,8001,105-
26 116,37454,06859,13437,679---------
28 350350350350350350350350350----
29/58 850,334610,028407,585452,361345,254359,857166,713277,184170,510119,28290,50541,86063,621
29 -035,49640,20044,789--------
291 -035,49640,20044,789--------
3 95,26443,44948,7172,48424,4004,8008,09418,6007,827530---
30/36 95,26443,44948,7172,48424,4004,8008,09418,6007,827530---
40/41 657,854483,543286,041292,350192,054243,205140,514219,753138,78764,37870,32017,87843,973
40 633,168468,437263,651272,291183,476204,079120,279207,535137,85761,49363,15516,08534,369
41 24,68615,10622,39020,0608,57839,12620,23512,2189302,8847,1661,7949,604
54/58 96,11881,79334,855115,77081,478108,95515,46738,16422,59650,51919,79519,90119,647
490/1 1,0981,2432,4771,5562,5332,8972,6396661,3013,8553904,081-
Balance sheet: equity and liabilities
10/49 1.1m683,472492,580520,048347,842363,444171,692290,255187,566143,101117,30542,96563,621
10/15 520,010386,411274,801268,411168,102148,86195,70872,50462,41242,70011,870-52121,744
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,6006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,600
101 -----------12,40012,400
13 334,514367,811256,201249,811149,502130,26177,10853,90443,81224,1001,0411,041777
130/1 ---01,8601,860-------
130 ------1,8601,8601,8601,8601,0411,041777
1311 ---01,8601,860-------
133 334,514367,811256,201249,811147,642128,40175,24852,04441,95222,240---
14 166,8950---------7,771-7,76214,767
17/49 623,109297,061217,779251,637179,740214,58375,984217,751125,154100,401105,43543,48641,877
17 102,00116,19032,918----------
170/4 102,00116,19032,918----------
42/48 517,038277,395184,861251,610179,740214,36575,467216,715124,76853,42276,63743,46641,877
42 49,45716,72815,805----------
43 65,000065,00050,000---75,000-----
430/8 --050,000---------
439 65,000065,000----75,000-----
44 239,795170,00191,540183,400119,946169,74259,994133,80285,64920,30749,94233,34833,784
440/4 239,795170,00191,540183,400119,946169,74259,994133,80285,64920,30749,94233,34833,784
45 127,31476,9402,8719,49748,75944,62315,4737,11332,41414,0802224,3028,093
450/3 127,31476,9402,8719,49748,75944,62315,4737,11332,41414,0802224,3028,093
47/48 35,47213,7269,6458,71311,035--8006,70519,03526,4745,816-
492/3 4,0693,476027-2195171,03738646,97928,79820-
Income statement
76A -010,860---5,179------
9900 292,128252,60336,804151,06939,22376,98846,79726,37246,43965,575-13,717-2,62223,810
62 -------149623730784-
630 55,05513,16813,1122,0209991,3921,3928,0927,1137,1136,700553-
631/4 ------3,215--7,502-10,716-10,15010,150-
640/8 2,4512,4332,8472,6234,6982,1304,8603,3584,7322,3481,0001,467173
66A 01,089-----2,236--279--
9901 234,622235,91220,844146,42633,52776,68040,54520,17334,49745,161-11,573-14,87523,636
75/76B 1055,6421,3871,1721,7205,6121,67675258981800-
75 1055,6421,3871,1721,7205,6121,67675258981800-
65/66B 14,58713,92312,9717,5783,4884,8966,6003,0495291,28170668-
65 14,58713,92312,9717,5783,4884,8966,6003,0495291,28170668-
9903 220,140227,6319,260140,02031,75877,39635,62117,20033,99344,778-12,378-14,94223,636
67/77 53,24574,0702,87139,71112,51724,24312,4166,30814,28113,948132908,093
9904 166,895153,5626,390100,30919,24153,15323,20410,89219,71230,830-12,509-15,03315,544
9905 166,895153,5626,390100,30919,24153,15323,20410,89219,71230,830-12,509-15,03315,544
Appropriation of the result
9906 166,895153,5626,390100,30919,24153,15323,20410,89219,71223,059-20,271-7,76215,544
791/2 33,29641,952-----------
691/2 0153,5626,390100,30919,24153,15323,20410,09219,71223,059--777
6920 ---------819--777
6921 0153,5626,390100,30919,24153,15323,20410,09219,71222,240---
694/7 33,29641,952-----800-----
694 33,29641,952-----800-----
Social balance sheet
9087 00-----------
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The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00445300.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 28-08-2026 2026-00445300 PDF
31-12-2024 abbreviated format 29-08-2025 2025-00445707 PDF
31-12-2023 micro format 02-09-2024 2024-00429777 PDF
31-12-2022 micro format 31-08-2023 2023-00439409 PDF
31-12-2021 micro format 27-06-2022 2022-20102499 PDF
31-12-2020 micro format 30-08-2021 2021-59400276 PDF
31-12-2019 micro format 31-08-2020 2020-50200288 PDF
31-12-2018 micro format 30-08-2019 2019-62300567 PDF
31-12-2017 micro format 31-08-2018 2018-57500197 PDF
31-12-2016 micro format 31-08-2017 2017-54800535 PDF
31-12-2015 abbreviated format 31-08-2016 2016-53400105 PDF
31-12-2014 abbreviated format 28-08-2015 2015-51900413 PDF
31-12-2013 abbreviated format 22-08-2014 2014-45000230 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
289,677249,08133,957148,44634,52578,07241,93728,26641,61152,274-4,873-14,322-
221,950166,73019,502102,32920,24054,54524,59718,98426,82537,943-5,809-14,480-
321,5613,70730,42067,11800-6,70014,8633504,13233,5001,658-
14,32546,938-80,91534,292-27,47793,489-22,69815,569-27,92430,724-106254-
333,296332,633222,724200,751165,514145,49391,24660,46945,74265,86013,868-1,60621,744
45.5%56.5%55.8%51.6%48.3%41.0%55.7%25.0%33.3%29.8%10.1%-1.2%34.2%
1.642.202.201.801.921.682.211.281.372.231.180.961.52
1.462.041.941.791.791.662.101.191.302.221.180.961.52
1.200.770.790.941.071.440.793.002.012.358.88-1.93
32.1%39.7%2.3%37.4%11.4%35.7%24.2%15.0%31.6%72.2%-105.4%-71.5%
14.6%22.5%1.3%19.3%5.5%14.6%13.5%3.8%10.5%21.5%-10.7%-35.0%24.4%
19.8617.892.6219.599.90--------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€121,561€3,707€30,420€67,118-
Intangible fixed assets€200,000----
Financial fixed assets€0----
€55,055€13,168€13,112€2,020€999

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on GLUESTONE

The operating result for 2025 is 1% lower than in 2024.

Debt's share of the balance-sheet total rises from 43.5% to 54.5%. Equity and debt are higher.

Large changes and their cause
  • 2024 Net result +2,303% on 2023. The accounts now follow the abbreviated format, last year the micro format.

Next steps

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