VAN dEN BOSSCHE GLASWERKEN

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VAN dEN BOSSCHE GLASWERKEN is 1.0% (low). The 2024 annual accounts show equity of €72k and a net result of €2k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 11123 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 30 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	29-08-2025	29 d late	2025-00430113
31-12-2023	31-07-2024	28-08-2024	28 d late	2024-00381871
31-12-2022	31-07-2023	29-08-2023	29 d late	2023-00365291
31-12-2021	31-07-2022	31-08-2022	31 d late	2022-20369783
31-12-2020	31-07-2021	27-08-2021	27 d late	2021-55400234
31-12-2019	31-07-2020	31-08-2020	31 d late	2020-49500450
31-12-2018	31-07-2019	27-08-2019	27 d late	2019-53800583
31-12-2017	31-07-2018	29-08-2018	29 d late	2018-55700601
31-12-2016	31-07-2017	30-08-2017	30 d late	2017-55800392
31-12-2015	31-07-2016	31-08-2016	31 d late	2016-55300407

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2010, 15 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.0% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€2k-84.3%

Working capital€35k+23.7%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Gross margin: growth of ~11.9%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	50.0%	40.9%	better than 61% of 11123 sector peers
Net result	€2k	€11k	better than 28% of 11107 sector peers
Equity	€72k	€34k	better than 75% of 11128 sector peers
Gross operating margin	€25k	€35k	better than 41% of 11096 sector peers
Total assets	€144k	€94k	better than 67% of 11123 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P61

Stable position over 2020-2024 · n=1741-11123

Net result P28

Stable position over 2020-2024 · n=1735-11107

Equity P75

Improving position over 2020-2024 · n=1744-11128

Gross operating margin P41

Stable position over 2020-2024 · n=1733-11096

Describes the position versus peers, not a forecast.

EBITDA

€23k

-39.8% 18-24

Net profit

€2k

-84.3% 18-24

Cash flow

€20k

-37.0% 18-24

Total assets

€144k

-25.4% 18-24

Equity

€72k

+3.1% 18-24

Working capital

€35k

+23.7% 18-24

Income taxes

€1k

-74.6% 18-24

Dividends

€800

- 18-24

Show 10 other metrics

Debt

€72k

-41.6% 18-24

Debt ≤ 1y

€61k

-40.8% 18-24

Debt > 1y

€11k

-45.7% 18-24

Current ratio

1.57

+23.2% 18-24

Quick ratio

1.29

+16.4% 18-24

Solvency

50.0%

+38.2% 18-24

Debt / equity

1.00

-43.3% 18-24

ROE

3.0%

-84.7% 18-24

ROA

1.5%

-78.9% 18-24

Interest coverage

9.59

-58.3% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€23k
Net profit	€2k
Cash flow	€20k
Staff costs	-
Income taxes	€1k
Dividends	-
Total assets	€144k
Equity	€72k
Debt	€72k
of which ≤ 1y	€61k
of which > 1y	€11k
Working capital	€35k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.57
Quick ratio	1.29
Working capital ratio	24.0%
Solvency	50.0%
Debt / equity	1.00
Long-term debt ratio	0.15
Interest coverage	9.59
Gross margin	-
Net margin	-
ROA	1.5%
ROE	3.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €48k · 33.5% Current assets €96k · 66.5%

Equity & liabilities

Equity €72k · 50.0% Debt €72k · 50.0%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€144k
Fixed assets	21/28	€48k
Tangible fixed assets	22/27	€48k
Current assets	29/58	€96k
Stocks & contracts in progress	3	€17k
Amounts receivable within one year	40/41	€77k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€144k
Equity	10/15	€72k
Contributions / capital	10/11	€6k
Reserves	13	€66k
Amounts payable	17/49	€72k
Amounts payable after one year	17	€11k
Amounts payable within one year	42/48	€61k
Trade debts payable within one year	44	€37k
Income statement
Gross operating margin	9900	€25k
Operating result	9901	€6k
Financial income	75	€396
Financial charges	65	€2k
Result before taxes	9903	€4k
Income taxes	67/77	€1k
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

86 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

IJshoutestraat 119520 Sint-Lievens-Houtem

Establishment units

1 location

VAN dEN BOSSCHE GLASWERKEN

IJshoutestraat 11, 9520 Sint-Lievens-HoutemSchrijnwerk

since 20112.194.979.742

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,582 m²

Buildings1

Building footprint197 m²

Volume (LiDAR)1,044 m³

Tallest building9.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)