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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLAMAC from Lennik, company number BE0466648885, closed financial year 2025 with a result of € 3,327 after tax. For that financial year GLAMAC recorded a gross margin of € 34,295 and equity of € 219,294. Compared with financial year 2024, the result moved from € 2,118 to € 3,327. Profitable, and profit is growing. 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 30, 2026.
€ 219,294
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,327
▲ 57% vs 2024
Profit after tax over the fiscal year.
€ 1
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 131,663.
Debts at end 2025
€ 60,632
▼ 35% vs 2024
€ 43,635 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,155
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,127 | € 41,153 | € 43,364 | € 34,295 | ▼ 21% |
| Profit after taxes | € -5,395 | € 10,265 | € 2,118 | € 3,327 | ▲ 57% |
| Equity | € 203,584 | € 213,849 | € 215,967 | € 219,294 | ▲ 2% |
| Total debts | € 293,580 | € 264,483 | € 245,386 | € 223,474 | ▼ 9% |
| Cash | € 0 | € 26 | € 26 | € 1 | ▼ 98% |
| Land & buildings | € 548,295 | € 527,113 | € 505,929 | € 486,354 | ▼ 4% |
| Retained profit | € 116,822 | € 126,218 | € 128,335 | € 131,663 | ▲ 3% |
| Bank debt | € 160,206 | € 126,407 | € 93,673 | € 60,632 | ▼ 35% |
| Balance sheet total | € 548,295 | € 527,139 | € 507,835 | € 486,927 | ▼ 4% |
Key figures of GLAMAC, 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 GLAMAC?
What happened at GLAMAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,327 (▲ 57% vs 2024). Source: NBB ↗
- New establishment in Lennik. KBO
- Start of the company according to the CBE. KBO
- Guy Vetsuypens became a director. NBB
- Corinne Vanhassel became a director. NBB
In short
From € 5,395 loss in 2022 to € 3,327 profit in 2025.
Paid € 15,431 in corporate taxes since 2022.
Best year ever: 2023, with € 10,265 profit.
Management
Behind GLAMAC are Guy Vetsuypens and Corinne Vanhassel. Guy Vetsuypens is also behind Maatwerkbedrijf Pajottenland.
Directors
According to the 2025 annual accounts
since 1999
Corinne Vanhassel
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Kerkveldweg 10
1750 Lennik
Karel Keymolenstraat 59
1750 Lennik
Active since 8 May 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.648.885
- VAT number
- BE 0466.648.885
- Registered office
- Kerkveldweg 10, 1750 Lennik
- Names & denominations
- GLAMAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 1999
- Peppol
- Active · Active since 8 Jul 2025
- Activities · NACE
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