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V3S Glass Systems

Active
Private limited companyfounded 2006active for 20 yearsGentsesteenweg 198a, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0880.814.636
Summary

V3S Glass Systems has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €39,093. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 81% of 330 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
V3S Glass SystemsActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of other non-metallic mineral products
NACE 23130Retail sale of hardware, building materials, paint and glass (general range) NACE 47521
1 site
Size
€1.5mtotal assets 2025
Staff
1.8 FTE
Equity
€1.1m
Profit
€39,093
Turnover not published (abbreviated or micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 20 days late1 of 2 deeds summarised
Why 95lowers riskEquity €1.1m (75.9% of total assets)Liquidity: current ratio 3.90, cash €164,193Figures for financial year 2025 (filed 20-08-2026)Founded in 2006Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 23, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+5
equity 75.9% of total assets
Liquidity 58-6
short-term debt 18.4% · cash 11.0%
Profitability 72-2
return on assets 2.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (857 companies, NACE 23, 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 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.2 percentage points 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 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 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: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.9, compared with 3.0 in 2024, above the usual 1.5; short-term debt: 18.4% and cash: 11% of total assets), and 24.1% 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 23, micro): better than 89% on solvency, 59% on liquidity, 52% on profitability and 51% on growth.

The bankruptcy probability was computed on 24-10-2026 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 risk
lowers risk · Equity €1.1m (75.9% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.90, cash €164,193
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 20-08-2026)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
20 days late
2024
13 days late
2023
9 days late
2022
4 days late
2021
85 days late
2020
61 days late
2019
17 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 25 days after the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% 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 13 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet €39,093 ▼43.3%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 19% on solvencysector median 44.0% · 330 companies 75.9% View
  • Positive: 8 profitable years in a rowprofit 2025: €39,093 8 years View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€1.5m
Profit
€39,093
Solvency
75.9%
Total assets▼ 4.9%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
  • Stalpaert Filip Johan KarelDirector
  • Verhaverbeke Yasmina SophieDirector
Go to Board & ownership

Timeline

Events
23
Since
2008
Next accounts
by 31-07-2027
  1. 09-08-2024Annual accounts filed
  2. 13-10-2023Appointments: Stalpaert Filip Johan Karel (director) and…
  3. 04-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of other non-metallic mineral productsNACE 23130
Founded
20-04-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Who signs
Each director alone
Annual meeting
Third Friday of June at 18:00
Purpose
“Productie,groot-en kleinhandel in glas,glasbeslag,deur-en meubelbeslag,metaalwaren en…” (deed in Dutch)
Go to Articles of association

Key facts about V3S Glass Systems

What is the company number of V3S Glass Systems?
0880.814.636. In Belgium the VAT number is the company number with BE in front: BE 0880.814.636.
Where is V3S Glass Systems based?
The registered office is at Gentsesteenweg 198a, 9420 Erpe-Mere.Company details
What does V3S Glass Systems do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23130).
What is the legal form of V3S Glass Systems?
Private limited company (BV).
When was V3S Glass Systems founded?
On 20-04-2006.
Is V3S Glass Systems still active?
Yes, V3S Glass Systems is an active enterprise in the KBO register.
How many employees does V3S Glass Systems have?
On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of V3S Glass Systems?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is V3S Glass Systems profitable?
In financial year 2025, V3S Glass Systems made a profit of €39,093.
Where can I find the annual accounts of V3S Glass Systems?
V3S Glass Systems filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of V3S Glass Systems due?
By 31-07-2027, for financial year 2026.Timeline

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