Financials
Financial year 2025
EUROGLAS - DE LANDTSHEER from Bornem, company number BE0429500459, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year EUROGLAS - DE LANDTSHEER recorded revenue of € 23.9 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 20,901 to € -1.5 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.
€ 3.3 million
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ still € 20,901 profit in 2024
Profit after tax over the fiscal year.
€ 739,905
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3 million.
People and assets in 2025
60.1
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
▼ 3% vs 2024
€ 73,500 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.
€ 1.1 million
▲ 181% vs 2024
Of which on lease € 863,727.
Debts at end 2025
€ 3 million
▲ 38% vs 2024
€ 215,274 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2.3 million
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 531,744
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 28,235,787 | € 30,137,108 | € 25,510,738 | € 23,906,201 | ▼ 6% |
| Profit after taxes | € 1,452,451 | € 1,040,094 | € 20,901 | € -1,455,098 | ▼ € 1.5 million |
| Equity | € 3,806,190 | € 4,745,319 | € 4,766,220 | € 3,311,122 | ▼ 31% |
| Total debts | € 5,818,375 | € 5,278,737 | € 5,465,473 | € 6,179,245 | ▲ 13% |
| Cash | € 457,429 | € 452,017 | € 649,770 | € 739,905 | ▲ 14% |
| Retained profit | € 3,544,515 | € 4,483,644 | € 4,504,545 | € 3,049,447 | ▼ 32% |
| Dividend | € 1,320,000 | € 100,965 | € 0 | € 0 | |
| Bank debt | € 1,685,625 | € 265,627 | € 2,164,502 | € 2,992,464 | ▲ 38% |
| Balance sheet total | € 9,651,565 | € 10,024,056 | € 10,231,693 | € 9,490,367 | ▼ 7% |
| Employees (FTE) | 66.7 | 66 | 64.7 | 60.1 | ▼ 4.6 |
Key figures of EUROGLAS - DE LANDTSHEER, 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 EUROGLAS - DE LANDTSHEER?
What happened at EUROGLAS - DE LANDTSHEER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Resiglass NV stepped down as director. NBB
- Christine Riou stepped down as director. NBB
- Sanbo BV stepped down as director. NBB
- Jean-Marc Aubault stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.5 million (▼ € 1.5 million vs 2024). filed late Source: NBB ↗
- Jean-Marc Aubault became a director. NBB
- Resiglass NV became a director. NBB
- Christine Riou became a director. NBB
In short
From € 1.5 million profit in 2022 to € 1.5 million loss in 2025.
Paid € 622,509 in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
The stake of GLASS INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUROGLAS - DE LANDTSHEERThe shares are held by GLASS INVEST (100%). It owns 57% of Glass Transport, 0% of Safetyglass Immo and 0% of Safetyglass itself.
Directors
According to the 2025 annual accounts
Christine Riou
Director
Also active at: SAFETYGLASS, IGP Immo, GLASS INVEST, GLASS TRANSPORT, Euroglas Immo, INDUSTRIAL GLASS PROCESSING, SAFETYGLASS IMMO, Resiglass +1 more
since 2022 · until 2028
Managing director · represented by Geert De Landtsheer
Also active at: JET - CAR, Flora World, ALSIC, SAFETYGLASS, IGP Immo, GLASS INVEST, GLASS TRANSPORT, Euroglas Immo +8 more
since 2022 · until 2028
Jean-Marc Aubault
Director
Also active at: GLASS INVEST, GLASS TRANSPORT, Euroglas Immo, Resiglass, INTERNATIONAL GLASS FITTINGS EUROPE
since 2026 · until 2028
Director · represented by Frederik De Knijf
Also active at: SAFETYGLASS, IGP Immo, Euroglas Immo, INDUSTRIAL GLASS PROCESSING, H² ESTATE, SAFETYGLASS IMMO, INTERNATIONAL GLASS FITTINGS EUROPE, Euroglas Villers
since 2022 · until 2028
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Puursesteenweg(BOR) 377 box 1
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GLASS INVEST same network
€ 0 revenue · 2025
GLASS TRANSPORT same network
€ 447,304 revenue · 2025
Euroglas Immo same network
€ 601,404 revenue · 2025
EDL GROEP
Resiglass same network
€ 2.4 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.500.459
- VAT number
- BE 0429.500.459
- Registered office
- Puursesteenweg(BOR) 377 bus 1, 2880 Bornem
- Names & denominations
- EUROGLAS - DE LANDTSHEER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 1986
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Vormen en bewerken van vlakglas
Glaszetten
Schrijnwerk
Detailhandel in verlichtingsartikelen
Schrijnwerk van hout of van kunststof
Detailhandel in artikelen voor verlichting en woninginrichting
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels