Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 31.9 to 27.6.
Financials
Financial year 2025
SAFETYGLASS from Fleurus, company number BE0465310285, closed financial year 2025 with a result of € -328,434 after tax. For that financial year SAFETYGLASS recorded revenue of € 8.5 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 318,327 to € -328,434. The company made a loss. 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 October 19, 2026.
€ 2.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -328,434
▼ still € 318,327 profit in 2024
Profit after tax over the fiscal year.
€ 151,574
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2025
27.6
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 3% vs 2024
€ 57,000 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.
€ 39,664
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 711,238
▲ € 577,024 vs 2024
€ 14,137 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.1 million
▲ 192% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 228,779
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 8,977,121 | € 9,129,796 | € 8,477,584 | ▼ 7% |
| Gross margin | € 2,637,031 | - | - | - | |
| Profit after taxes | € 683,387 | € 559,463 | € 318,327 | € -328,434 | ▼ € 646,761 |
| Equity | € 2,497,844 | € 2,986,499 | € 3,256,553 | € 2,928,120 | ▼ 10% |
| Total debts | € 1,488,800 | € 995,547 | € 819,700 | € 2,078,432 | ▲ 154% |
| Cash | € 503,727 | € 373,920 | € 189,414 | € 151,574 | ▼ 20% |
| Retained profit | € 2,358,136 | € 2,846,791 | € 3,116,845 | € 2,788,412 | ▼ 11% |
| Dividend | € 310,000 | € 70,808 | € 48,272 | € 0 | ▼ 100% |
| Bank debt | € 455,510 | € 148,441 | € 134,214 | € 711,238 | ▲ € 577,024 |
| Balance sheet total | € 3,986,643 | € 3,982,046 | € 4,076,254 | € 5,006,551 | ▲ 23% |
| Employees (FTE) | 34.1 | 31.9 | 30.1 | 27.6 | ▼ 2.5 |
Key figures of SAFETYGLASS, 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 SAFETYGLASS?
What happened at SAFETYGLASS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Resiglass NV stepped down as director. NBB
- Sanbo BV stepped down as director. NBB
- Christine Riou stepped down as director. NBB
- Jean-Marc Aubault stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 328,434 (▼ € 646,761 vs 2024). filed late Source: NBB ↗
- Jean-Marc Aubault became a director. NBB
- Resiglass NV became a director. NBB
- Sanbo BV became a director. NBB
In short
From € 683,387 profit in 2022 to € 328,434 loss in 2025.
Paid € 496,849 in corporate taxes since 2022.
Best year ever: 2022, with € 683,387 profit.
On average € 77,300 of value added per employee in 2022.
Management
The stake of GLASS INVEST, EUROGLAS - DE LANDTSHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SAFETYGLASSThe shares are held by GLASS INVEST (100%) and EUROGLAS - DE LANDTSHEER (0%). It owns 43% of Glass Transport itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2028
Managing director · represented by Geert De Landtsheer
Also active at: EUROGLAS - DE LANDTSHEER, JET - CAR, Flora World, ALSIC, IGP Immo, GLASS INVEST, GLASS TRANSPORT, Euroglas Immo +8 more
since 2022 · until 2028
since 2022 · until 2028
Managing director · represented by Frederik De Knijf
Also active at: EUROGLAS - DE LANDTSHEER, IGP Immo, Euroglas Immo, INDUSTRIAL GLASS PROCESSING, H² ESTATE, SAFETYGLASS IMMO, INTERNATIONAL GLASS FITTINGS EUROPE, Euroglas Villers
since 2022 · until 2028
Shareholders
Participations
43%
Establishments
Establishment units
Physical locations of this company
Avenue de Spirou(FL) 40
6220 Fleurus
Avenue de Spirou(FL) sn
6220 Fleurus
Active since 25 March 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0465.310.285
- VAT number
- BE 0465.310.285
- Registered office
- Avenue de Spirou(FL) 40, 6220 Fleurus
- Names & denominations
- SAFETYGLASS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1999
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
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