Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 64.1 to 57.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
GLAS - VERANDA'S VAN DER BAUWHEDE from Waregem, company number BE0462738203, closed financial year 2025 with a result of € 619,234 after tax. For that financial year GLAS - VERANDA'S VAN DER BAUWHEDE recorded revenue of € 12.9 million and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 1.4 million to € 619,234. 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 July 14, 2026.
€ 5.4 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 619,234
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 310,000 paid out
50 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
57
▼ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.5 million
▼ 4% vs 2024
€ 79,500 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.
€ 552,599
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 272,116
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 363,377
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,253,499 | € 13,878,111 | € 14,090,152 | € 12,857,078 | ▼ 9% |
| Profit after taxes | € 481,663 | € 1,018,173 | € 1,439,600 | € 619,234 | ▼ 57% |
| Equity | € 3,956,872 | € 4,375,046 | € 5,094,646 | € 5,403,880 | ▲ 6% |
| Total debts | € 2,602,056 | € 2,662,472 | € 2,736,513 | € 2,089,450 | ▼ 24% |
| Cash | € 969,316 | € 1,839,974 | € 2,159,397 | € 1,137,300 | ▼ 47% |
| Land & buildings | € 862,398 | € 858,364 | € 854,331 | € 1,485,460 | ▲ 74% |
| Retained profit | € 3,751,121 | € 4,169,294 | € 4,888,894 | € 5,198,128 | ▲ 6% |
| Dividend | € 1,220,000 | € 600,000 | € 720,000 | € 310,000 | ▼ 57% |
| Balance sheet total | € 6,978,080 | € 7,456,670 | € 8,250,311 | € 7,912,482 | ▼ 4% |
| Employees (FTE) | 64 | 64.1 | 60.7 | 57 | ▼ 3.7 |
Key figures of GLAS - VERANDA'S VAN DER BAUWHEDE, 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 GLAS - VERANDA'S VAN DER BAUWHEDE?
What happened at GLAS - VERANDA'S VAN DER BAUWHEDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 619,234 (▼ 57% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 481,663 profit in 2022 to € 619,234 profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 2.9 million in dividends to the owners in total.
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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 GLAS - VERANDA'S VAN DER BAUWHEDE are Christiana Van Der Bauwhede and Willy Nolf. It owns 100% of SOETAERT GEBROEDERS itself.
Directors
According to the 2025 annual accounts
Christiana Van Der Bauwhede
Director
Willy Nolf
Director
Establishments
Establishment units
Physical locations of this company
Roterijstraat 107
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0462.738.203
- VAT number
- BE 0462.738.203
- Registered office
- Roterijstraat 107, 8790 Waregem
- Names & denominations
- GLAS - VERANDA'S VAN DER BAUWHEDE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1998
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Schrijnwerk
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Groothandel in vlakglas
Glaszetten
Vervaardiging van metalen deuren en vensters
Metaalschrijnwerk