Financials
Financial year 2025
FAMGLAS from Zele, company number BE0448090708, closed financial year 2025 with a result of € 137,684 after tax. For that financial year FAMGLAS recorded a gross margin of € 517,943 and equity of € 252,067. Compared with financial year 2024, the result moved from € 148,828 to € 137,684. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.
€ 252,067
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,684
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 209,201
▲ 287% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 135,000 paid out
98 % of the profit went to the shareholders, mostly to M&W Investment (90 % of the shares). That is where the money ends up.
People and assets in 2025
4
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 299,558
▲ 9% vs 2024
€ 74,900 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.
€ 80,163
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 75,556
▼ 8% vs 2024
€ 21,308 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 107,599
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,995
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 782,495 | € 593,642 | € 516,804 | € 517,943 | |
| Profit after taxes | € 362,011 | € 211,813 | € 148,828 | € 137,684 | ▼ 7% |
| Equity | € 186,741 | € 248,555 | € 249,383 | € 252,067 | ▲ 1% |
| Total debts | € 769,759 | € 601,114 | € 368,095 | € 422,678 | ▲ 15% |
| Cash | € 34,234 | € 107,205 | € 54,007 | € 209,201 | ▲ 287% |
| Retained profit | € 124,741 | € 186,555 | € 187,383 | € 190,067 | ▲ 1% |
| Dividend | € 400,000 | € 150,000 | € 148,000 | € 135,000 | ▼ 9% |
| Bank debt | € 115,822 | € 135,000 | € 82,238 | € 75,556 | ▼ 8% |
| Balance sheet total | € 956,501 | € 849,669 | € 617,478 | € 674,745 | ▲ 9% |
| Employees (FTE) | 4.7 | 4.1 | 3.9 | 4 | ▲ 0.1 |
Key figures of FAMGLAS, 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 FAMGLAS?
What happened at FAMGLAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Matthew Beddeleem stepped down as director. NBB
- Ward Van Gorp stepped down as director. NBB
- Sven Callaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 137,684 (▼ 7% vs 2024). Source: NBB ↗
- Matthew Beddeleem became a director. NBB
- Ward Van Gorp became a director. NBB
- Sven Callaert became a director. NBB
- New establishment in Zele. KBO
In short
From € 362,011 profit in 2022 to € 137,684 profit in 2025.
Paid € 291,784 in corporate taxes since 2022.
Best year ever: 2022, with € 362,011 profit.
On average € 129,500 of value added per employee in 2025.
Management
The stake of M&W Investment comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FAMGLASThe shares are held by M&W Investment (90%).
Directors
According to the 2025 annual accounts
Matthew Beddeleem
Bestuurder
Also active at: EBANISTA GEVELBEKLEDING, RENOVATIE EN ONDERHOUDSWERKEN, 909
since 2024 · until 2029
since 2024 · until 2029
Sven Callaert
Bestuurder
since 2024 · until 2029
Shareholders
90%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dommekensstraat 8
9240 Zele
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.090.708
- VAT number
- BE 0448.090.708
- Registered office
- Dommekensstraat 8, 9240 Zele
- Names & denominations
- FAMGLAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 1992
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
Glaszetten