Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
GLASS PARTNERS TRANSPORTS from Floreffe, company number BE0407801361, closed financial year 2024 with a result of € 120,019 after tax. For that financial year GLASS PARTNERS TRANSPORTS recorded a gross margin of € 2.4 million and equity of € 3.4 million. Compared with financial year 2023, the result moved from € -85,896 to € 120,019. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ 3.4 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,019
▲ still € 85,896 loss in 2023
Profit after tax over the fiscal year.
€ 124,059
▲ 25% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2 million.
People and assets in 2024
13.3
Average over the fiscal year, from the social balance sheet.
€ 622,714
▲ 19% vs 2023
€ 46,800 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.
€ 4.7 million
▲ 22% vs 2023
Of which on lease € 4.1 million.
Debts at end 2024
€ 4.4 million
▲ 15% vs 2023
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.8 million
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 127,597
▼ 16% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,189,768 | € 3,926,082 | € 2,106,995 | € 2,449,429 | ▲ 16% |
| Profit after taxes | € 819,041 | € 1,575,343 | € -85,896 | € 120,019 | ▲ € 205,916 |
| Equity | € 1,799,723 | € 3,342,163 | € 3,223,364 | € 3,358,676 | ▲ 4% |
| Total debts | € 4,160,837 | € 4,154,308 | € 5,376,307 | € 6,622,960 | ▲ 23% |
| Cash | € 86,157 | € 155,475 | € 99,604 | € 124,059 | ▲ 25% |
| Land & buildings | € 1,338,362 | € 1,285,396 | € 1,406,683 | € 1,376,480 | ▼ 2% |
| Retained profit | € 407,864 | € 1,983,207 | € 1,897,311 | € 2,017,330 | ▲ 6% |
| Bank debt | € 3,202,630 | € 3,214,357 | € 3,791,042 | € 4,362,672 | ▲ 15% |
| Balance sheet total | € 6,307,184 | € 8,193,032 | € 9,145,998 | € 10,367,686 | ▲ 13% |
| Employees (FTE) | 13.3 | 13.3 | 13.3 | 13.3 |
Key figures of GLASS PARTNERS TRANSPORTS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GLASS PARTNERS TRANSPORTS?
What happened at GLASS PARTNERS TRANSPORTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Freddy NICOLAS stepped down as director. NBB
- Bastien NICOLAS stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 120,019. Source: NBB ↗
- Bastien NICOLAS became a director. NBB
- Freddy NICOLAS became a director. NBB
- New establishment in Floreffe. KBO
- Start of the company according to the CBE. KBO
In short
From € 819,041 profit in 2021 to € 120,019 profit in 2024.
Paid € 74,913 in corporate taxes since 2021.
Best year ever: 2022, with € 1.6 million profit.
On average € 184,200 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GLASS PARTNERS TRANSPORTS is Véronique HANOT. The shares are held by FREDDY NICOLAS (100%). It owns 99% of Transports Nicolas-Jacquet itself.
Directors
According to the 2024 annual accounts
Bastien NICOLAS
Director
since 2021 · until 2027
since 2016 · until 2028
Shareholders
FREDDY NICOLAS · director
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Château-d'Eau, Franière 34
5150 Floreffe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.801.361
- VAT number
- BE 0407.801.361
- Registered office
- Rue du Château-d'Eau, Franière 34, 5150 Floreffe
- Names & denominations
- GLASS PARTNERS TRANSPORTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1969
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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