What does GLUECOM do?

GLUECOM is registered with the CBE as active in: Vervaardiging van andere chemische producten, neg. Public Limited, started on 19 January 1979, 2 establishments.

What is the address of GLUECOM?

The registered office of GLUECOM is located at Waterstraat 6, 9160 Lokeren.

Is GLUECOM still active?

Yes. According to the CBE (29 October 2026) GLUECOM is active, legal situation “Normale toestand”, started on 19 January 1979.

Is GLUECOM registered on Peppol?

Yes, GLUECOM is registered on the Peppol network with ID 0208:0419107009.

What is the enterprise number of GLUECOM?

The enterprise number of GLUECOM is BE0419107009.

When was GLUECOM founded?

GLUECOM was founded on 19 January 1979.

Who are the directors of GLUECOM?

According to the 2025 annual accounts, the directors of GLUECOM are: DAM 122, PILOBE BV, Kathy DEMUYNCK.

Is GLUECOM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 January 1979; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did GLUECOM make in 2025?

GLUECOM posted a profit after taxes of € 1,577,914 in financial year 2025.

What is the revenue of GLUECOM?

In its most recent annual accounts (2025), GLUECOM reported revenue of € 18,535,501.

How much does an employee at GLUECOM earn?

The average wage cost per full-time employee at GLUECOM was € 66,500 in 2025: staff costs of € 1.9 million for 28.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GLUECOM have?

According to the 2025 annual accounts, GLUECOM has 28.3 full-time equivalents (FTE).

GLUECOM (Public Limited) - Lokeren - BE0419107009

Dossier GLUECOM, printed on 29 October 2026 from databakkes.be/en/0419107009/gluecom. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GLUECOM from Lokeren, company number BE0419107009, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year GLUECOM recorded revenue of € 18.5 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 1.2 million to € 1.6 million. Profitable, and profit is growing. 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 August 29, 2026.

What it is worth Healthy

€ 4 million

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

Profit Growing

€ 1.6 million

▲ 28% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 364,210

▼ 4% vs 2024

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

Where the profit goes Pays out

€ 1.6 million paid out

100 % of the profit went to the shareholders, mostly to DAM 122 NV (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

28.3

▼ 2.4 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.9 million

▼ 4% vs 2024

€ 66,500 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

€ 160,457

▼ 29% vs 2024

Of which on lease € 31,376.

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.

€ 1.7 million

▼ 38% vs 2024

€ 257,336 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.7 million

▼ 14% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.

Taxes and wages

€ 529,970

▲ 45% 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
Revenue	€ 16,077,330 Revenue 2022: € 16,077,330 First fiscal year in the series	€ 16,565,901 Revenue 2023: € 16,565,901 ▲ 3% vs 2022 (€ 16,077,330) Favourable step	€ 19,029,044 Revenue 2024: € 19,029,044 ▲ 15% vs 2023 (€ 16,565,901) Favourable step	€ 18,535,501 Revenue 2025: € 18,535,501 ▼ 3% vs 2024 (€ 19,029,044) Unfavourable step	▼ 3%
Profit after taxes	€ 702,623 Profit after taxes 2022: € 702,623 First fiscal year in the series	€ 454,175 Profit after taxes 2023: € 454,175 ▼ 35% vs 2022 (€ 702,623) Unfavourable step	€ 1,228,961 Profit after taxes 2024: € 1,228,961 ▲ 171% vs 2023 (€ 454,175) Favourable step	€ 1,577,914 Profit after taxes 2025: € 1,577,914 ▲ 28% vs 2024 (€ 1,228,961) Favourable step	▲ 28%
Equity	€ 3,752,421 Equity 2022: € 3,752,421 First fiscal year in the series	€ 3,981,596 Equity 2023: € 3,981,596 ▲ 6% vs 2022 (€ 3,752,421) Favourable step	€ 4,000,000 Equity 2024: € 4,000,000 Unchanged (€ 3,981,596) Favourable step	€ 4,000,000 Equity 2025: € 4,000,000 Unchanged (€ 4,000,000) Unchanged
Total debts	€ 5,484,798 Total debts 2022: € 5,484,798 First fiscal year in the series	€ 6,466,032 Total debts 2023: € 6,466,032 ▲ 18% vs 2022 (€ 5,484,798) Unfavourable step	€ 5,763,353 Total debts 2024: € 5,763,353 ▼ 11% vs 2023 (€ 6,466,032) Favourable step	€ 5,867,659 Total debts 2025: € 5,867,659 ▲ 2% vs 2024 (€ 5,763,353) Unfavourable step	▲ 2%
Cash	€ 425,897 Cash 2022: € 425,897 First fiscal year in the series	€ 213,966 Cash 2023: € 213,966 ▼ 50% vs 2022 (€ 425,897) Unfavourable step	€ 380,878 Cash 2024: € 380,878 ▲ 78% vs 2023 (€ 213,966) Favourable step	€ 364,210 Cash 2025: € 364,210 ▼ 4% vs 2024 (€ 380,878) Unfavourable step	▼ 4%
Land & buildings	€ 1,374,526 Land & buildings 2022: € 1,374,526 First fiscal year in the series	€ 1,312,428 Land & buildings 2023: € 1,312,428 ▼ 5% vs 2022 (€ 1,374,526) Unchanged	€ 1,292,647 Land & buildings 2024: € 1,292,647 ▼ 2% vs 2023 (€ 1,312,428) Unchanged	€ 1,305,516 Land & buildings 2025: € 1,305,516 ▲ 1% vs 2024 (€ 1,292,647) Unchanged	▲ 1%
Retained profit	€ 1,844,557 Retained profit 2022: € 1,844,557 First fiscal year in the series	€ 2,119,725 Retained profit 2023: € 2,119,725 ▲ 15% vs 2022 (€ 1,844,557) Favourable step	€ 2,184,122 Retained profit 2024: € 2,184,122 ▲ 3% vs 2023 (€ 2,119,725) Favourable step	€ 2,230,116 Retained profit 2025: € 2,230,116 ▲ 2% vs 2024 (€ 2,184,122) Favourable step	▲ 2%
Dividend	€ 600,000 Dividend 2022: € 600,000 First fiscal year in the series	€ 225,000 Dividend 2023: € 225,000 ▼ 62% vs 2022 (€ 600,000) Unchanged	€ 1,210,557 Dividend 2024: € 1,210,557 ▲ € 985,557 vs 2023 (€ 225,000) Unchanged	€ 1,577,914 Dividend 2025: € 1,577,914 ▲ 30% vs 2024 (€ 1,210,557) Unchanged	▲ 30%
Bank debt	€ 2,500,292 Bank debt 2022: € 2,500,292 First fiscal year in the series	€ 2,906,419 Bank debt 2023: € 2,906,419 ▲ 16% vs 2022 (€ 2,500,292) Unfavourable step	€ 2,652,351 Bank debt 2024: € 2,652,351 ▼ 9% vs 2023 (€ 2,906,419) Favourable step	€ 1,657,173 Bank debt 2025: € 1,657,173 ▼ 38% vs 2024 (€ 2,652,351) Favourable step	▼ 38%
Balance sheet total	€ 9,490,969 Balance sheet total 2022: € 9,490,969 First fiscal year in the series	€ 10,701,378 Balance sheet total 2023: € 10,701,378 ▲ 13% vs 2022 (€ 9,490,969) Unchanged	€ 9,963,353 Balance sheet total 2024: € 9,963,353 ▼ 7% vs 2023 (€ 10,701,378) Unchanged	€ 10,107,659 Balance sheet total 2025: € 10,107,659 ▲ 1% vs 2024 (€ 9,963,353) Unchanged	▲ 1%
Employees (FTE)	24.2 Employees (FTE) 2022: 24.2 First fiscal year in the series	25.3 Employees (FTE) 2023: 25.3 ▲ 1.1 vs 2022 (24.2) Unchanged	30.7 Employees (FTE) 2024: 30.7 ▲ 5.4 vs 2023 (25.3) Unchanged	28.3 Employees (FTE) 2025: 28.3 ▼ 2.4 vs 2024 (30.7) Unchanged	▼ 2.4

Key figures of GLUECOM, 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 GLUECOM?

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

2029 DAM 122 stepped down as director. NBB
2029 PILOBE BV stepped down as director. NBB
2029 Kathy DEMUYNCK stepped down as director. NBB
Aug 29, 2026 New annual accounts for financial year 2025: profit of € 1.6 million (▲ 28% vs 2024). filed late Source: NBB ↗
2023 DAM 122 became a director. NBB
2023 PILOBE BV became a director. NBB
2023 Kathy DEMUYNCK became a director. NBB
Oct 18, 2002 New establishment in Brugge. KBO

In short

From € 702,623 profit in 2022 to € 1.6 million profit in 2025.

Paid € 1.5 million in corporate taxes since 2022.

Best year ever: 2025, with € 1.6 million profit.

Paid out € 3.6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DAM 122 NV 100%

GLUECOM

DEMCOPACK POLSKA SP. Z O.O. 0.1%

The shares are held by DAM 122 NV (100%). It owns 0.1% of DEMCOPACK POLSKA SP. Z O.O. itself.

Directors

According to the 2025 annual accounts

DAM 122

Managing director · represented by Xavier DESIMPEL

since 2023 · until 2029

PILOBE BV

Managing director · represented by Louis PIETTE

Also active at: Dam 122

since 2023 · until 2029

Kathy DEMUYNCK

Director

Also active at: Jozeph, IMMO NADELIN, INTER FINANCE, D - INTERIEUR, GOLFBUTLER, Dam 122

since 2023 · until 2029

Shareholders

DAM 122 NV

100%

Participations

DEMCOPACK POLSKA SP. Z O.O.

0.1%

Establishments

Establishment units

Physical locations of this company

Registered office

Waterstraat 6

9160 Lokeren

2.108.724.471

Pathoekeweg 122

8000 Brugge

Active since 18 October 2002

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

Details

Company number

0419.107.009

VAT number

BE 0419.107.009

Registered office

Waterstraat 6, 9160 Lokeren

Names & denominations

GLUECOM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 January 1979

Peppol

Active · Active since 5 Jan 2026

Activities · NACE

Vervaardiging van andere chemische producten, neg

Vervaardiging van lijm en gelatine

Vervaardiging van lijm

View on CBE Public ↗ Annual accounts (NBB) ↗

GLUECOM

Financials

What happened to GLUECOM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions