What does GLASHANDEL DE SMAELE do?

GLASHANDEL DE SMAELE is a specialised building contractor in Aalst. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of GLASHANDEL DE SMAELE?

The registered office of GLASHANDEL DE SMAELE is located at Dokter André Goffaertsstraat 5, 9300 Aalst.

Is GLASHANDEL DE SMAELE still active?

Yes. According to the CBE (30 October 2026) GLASHANDEL DE SMAELE is active, legal situation “Normale toestand”, started on 1 January 1968.

Is GLASHANDEL DE SMAELE registered on Peppol?

Yes, GLASHANDEL DE SMAELE is registered on the Peppol network with ID 0208:0400289108.

What is the enterprise number of GLASHANDEL DE SMAELE?

The enterprise number of GLASHANDEL DE SMAELE is BE0400289108.

When was GLASHANDEL DE SMAELE founded?

GLASHANDEL DE SMAELE was founded on 1 January 1968.

Who are the directors of GLASHANDEL DE SMAELE?

According to the 2025 annual accounts, the directors of GLASHANDEL DE SMAELE are: Stefan Verhaeghe, Nina Van De Vyver.

Is GLASHANDEL DE SMAELE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did GLASHANDEL DE SMAELE make in 2025?

GLASHANDEL DE SMAELE posted a profit after taxes of € 21,679 in financial year 2025.

What is the revenue of GLASHANDEL DE SMAELE?

As a small company, GLASHANDEL DE SMAELE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 887,395.

How much does an employee at GLASHANDEL DE SMAELE earn?

The average wage cost per full-time employee at GLASHANDEL DE SMAELE was € 47,300 in 2025: staff costs of € 700,095 for 14.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GLASHANDEL DE SMAELE have?

According to the 2025 annual accounts, GLASHANDEL DE SMAELE has 14.8 full-time equivalents (FTE).

GLASHANDEL DE SMAELE (Public Limited) - Aalst

Dossier GLASHANDEL DE SMAELE, printed on 30 October 2026 from databakkes.be/en/0400289108/glashandel-de-smaele. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 18.8 to 14.8.

Financials

Financial year 2025

GLASHANDEL DE SMAELE from Aalst, company number BE0400289108, closed financial year 2025 with a result of € 21,679 after tax. For that financial year GLASHANDEL DE SMAELE recorded a gross margin of € 887,395 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 93,194 to € 21,679. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.

What it is worth Healthy

€ 2.8 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 21,679

▼ 77% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 192,461

▼ 52% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 76,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

14.8

▼ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 700,095

▼ 5% vs 2024

€ 47,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 62,528

▼ 37% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 148,208

▼ 38% vs 2024

€ 84,063 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 113,120

▼ 57% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 32,751

▼ 23% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 954,024 Gross margin 2022: € 954,024 First fiscal year in the series	€ 1,114,290 Gross margin 2023: € 1,114,290 ▲ 17% vs 2022 (€ 954,024) Favourable step	€ 1,025,413 Gross margin 2024: € 1,025,413 ▼ 8% vs 2023 (€ 1,114,290) Unfavourable step	€ 887,395 Gross margin 2025: € 887,395 ▼ 13% vs 2024 (€ 1,025,413) Unfavourable step	▼ 13%
Profit after taxes	€ 137,289 Profit after taxes 2022: € 137,289 First fiscal year in the series	€ 138,758 Profit after taxes 2023: € 138,758 ▲ 1% vs 2022 (€ 137,289) Favourable step	€ 93,194 Profit after taxes 2024: € 93,194 ▼ 33% vs 2023 (€ 138,758) Unfavourable step	€ 21,679 Profit after taxes 2025: € 21,679 ▼ 77% vs 2024 (€ 93,194) Unfavourable step	▼ 77%
Equity	€ 2,786,263 Equity 2022: € 2,786,263 First fiscal year in the series	€ 2,925,021 Equity 2023: € 2,925,021 ▲ 5% vs 2022 (€ 2,786,263) Favourable step	€ 2,881,288 Equity 2024: € 2,881,288 ▼ 1% vs 2023 (€ 2,925,021) Unfavourable step	€ 2,826,967 Equity 2025: € 2,826,967 ▼ 2% vs 2024 (€ 2,881,288) Unfavourable step	▼ 2%
Total debts	€ 851,351 Total debts 2022: € 851,351 First fiscal year in the series	€ 721,617 Total debts 2023: € 721,617 ▼ 15% vs 2022 (€ 851,351) Favourable step	€ 657,299 Total debts 2024: € 657,299 ▼ 9% vs 2023 (€ 721,617) Favourable step	€ 391,316 Total debts 2025: € 391,316 ▼ 40% vs 2024 (€ 657,299) Favourable step	▼ 40%
Cash	€ 255,255 Cash 2022: € 255,255 First fiscal year in the series	€ 420,959 Cash 2023: € 420,959 ▲ 65% vs 2022 (€ 255,255) Favourable step	€ 396,898 Cash 2024: € 396,898 ▼ 6% vs 2023 (€ 420,959) Unfavourable step	€ 192,461 Cash 2025: € 192,461 ▼ 52% vs 2024 (€ 396,898) Unfavourable step	▼ 52%
Land & buildings	€ 1,745,334 Land & buildings 2022: € 1,745,334 First fiscal year in the series	€ 1,726,216 Land & buildings 2023: € 1,726,216 ▼ 1% vs 2022 (€ 1,745,334) Unchanged	€ 1,697,838 Land & buildings 2024: € 1,697,838 ▼ 2% vs 2023 (€ 1,726,216) Unchanged	€ 1,665,179 Land & buildings 2025: € 1,665,179 ▼ 2% vs 2024 (€ 1,697,838) Unchanged	▼ 2%
Retained profit	€ 2,724,263 Retained profit 2022: € 2,724,263 First fiscal year in the series	€ 2,863,021 Retained profit 2023: € 2,863,021 ▲ 5% vs 2022 (€ 2,724,263) Favourable step	€ 2,819,288 Retained profit 2024: € 2,819,288 ▼ 2% vs 2023 (€ 2,863,021) Unfavourable step	€ 2,764,967 Retained profit 2025: € 2,764,967 ▼ 2% vs 2024 (€ 2,819,288) Unfavourable step	▼ 2%
Dividend	€ 80,000 Dividend 2022: € 80,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 80,000) Unchanged	€ 136,927 Dividend 2024: € 136,927 Unchanged (€ 0) Unchanged	€ 76,000 Dividend 2025: € 76,000 ▼ 44% vs 2024 (€ 136,927) Unchanged	▼ 44%
Bank debt	€ 376,473 Bank debt 2022: € 376,473 First fiscal year in the series	€ 289,294 Bank debt 2023: € 289,294 ▼ 23% vs 2022 (€ 376,473) Favourable step	€ 240,639 Bank debt 2024: € 240,639 ▼ 17% vs 2023 (€ 289,294) Favourable step	€ 148,208 Bank debt 2025: € 148,208 ▼ 38% vs 2024 (€ 240,639) Favourable step	▼ 38%
Balance sheet total	€ 3,637,614 Balance sheet total 2022: € 3,637,614 First fiscal year in the series	€ 3,646,638 Balance sheet total 2023: € 3,646,638 Unchanged (€ 3,637,614) Unchanged	€ 3,538,587 Balance sheet total 2024: € 3,538,587 ▼ 3% vs 2023 (€ 3,646,638) Unchanged	€ 3,218,284 Balance sheet total 2025: € 3,218,284 ▼ 9% vs 2024 (€ 3,538,587) Unchanged	▼ 9%
Employees (FTE)	19.2 Employees (FTE) 2022: 19.2 First fiscal year in the series	18.8 Employees (FTE) 2023: 18.8 ▼ 0.4 vs 2022 (19.2) Unchanged	15.3 Employees (FTE) 2024: 15.3 ▼ 3.5 vs 2023 (18.8) Unchanged	14.8 Employees (FTE) 2025: 14.8 ▼ 0.5 vs 2024 (15.3) Unchanged	▼ 0.5

Key figures of GLASHANDEL DE SMAELE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to GLASHANDEL DE SMAELE?

What happened at GLASHANDEL DE SMAELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Stefan Verhaeghe stepped down as director. NBB
2028 Nina Van De Vyver stepped down as director. NBB
Sep 24, 2026 New annual accounts for financial year 2025: profit of € 21,679 (▼ 77% vs 2024). filed late Source: NBB ↗
2022 Stefan Verhaeghe became a director. NBB
2022 Nina Van De Vyver became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO
May 1, 1948 New establishment in Aalst. KBO

In short

From € 137,289 profit in 2022 to € 21,679 profit in 2025.

Paid € 185,207 in corporate taxes since 2022.

Best year ever: 2023, with € 138,758 profit.

On average € 60,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Stefan Verhaeghe

Director

since 2022 · until 2028

Nina Van De Vyver

Director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Dokter André Goffaertsstraat 5

9300 Aalst

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0400.289.108

VAT number

BE 0400.289.108

Registered office

Dokter André Goffaertsstraat 5, 9300 Aalst

Names & denominations

GLASHANDEL DE SMAELE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Glaszetten

Vervaardiging van vlakglas

View on CBE Public ↗ Annual accounts (NBB) ↗