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 434.2 to 387.9.
Financials
Financial year 2025
3B-FIBREGLASS from Herve, company number BE0467608690, closed financial year 2025 with a result of € 769,093 after tax. For that financial year 3B-FIBREGLASS recorded revenue of € 182 million and equity of € 57.3 million. Compared with financial year 2024, the result moved from € 5.3 million to € 769,093. 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 June 29, 2026.
€ 57.3 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 769,093
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 63% 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 € 5 million.
People and assets in 2025
387.9
▼ 6.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 35.8 million
▼ 2% vs 2024
€ 92,300 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.
€ 1.3 million
▼ 13% vs 2024
Of which on lease € 1.1 million.
Debts at end 2025
€ 12.5 million
▲ € 10.5 million vs 2024
€ 10.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 36.5 million
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
€ 7 million
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 248,517,726 | € 227,035,466 | € 181,612,453 | € 181,993,629 | |
| Profit after taxes | € 26,185,592 | € -457,234 | € 5,296,713 | € 769,093 | ▼ 85% |
| Equity | € 51,973,903 | € 51,409,732 | € 56,610,346 | € 57,334,864 | ▲ 1% |
| Total debts | € 64,035,004 | € 53,296,832 | € 42,162,099 | € 56,275,743 | ▲ 33% |
| Cash | € 558,163 | € 412,689 | € 1,044,244 | € 1,703,447 | ▲ 63% |
| Land & buildings | € 5,328,890 | € 5,048,997 | € 5,140,786 | € 4,826,349 | ▼ 6% |
| Retained profit | € -608,514 | € -1,065,749 | € 4,230,964 | € 5,000,057 | ▲ 18% |
| Bank debt | € 6,620,927 | € 14,413,170 | € 2,035,108 | € 12,510,884 | ▲ € 10.5 million |
| Balance sheet total | € 119,011,302 | € 107,530,867 | € 101,613,788 | € 115,900,863 | ▲ 14% |
| Employees (FTE) | 468 | 434.2 | 394.2 | 387.9 | ▼ 6.3 |
Key figures of 3B-FIBREGLASS, 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 3B-FIBREGLASS?
What happened at 3B-FIBREGLASS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 769,093 (▼ 85% vs 2024). Source: NBB ↗
- Vishal Bhailal SHAH became a director. NBB
- Vishal Sushilkumar GOENKA became a director. NBB
- New establishment in Herve. KBO
- New establishment in Herve. KBO
- Start of the company according to the CBE. KBO
In short
From € 26.2 million profit in 2022 to € 769,093 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 26.2 million profit.
Pays suppliers within 91 days on average.
Management
Behind 3B-FIBREGLASS are Vishal Bhailal SHAH and Vishal Sushilkumar GOENKA.
Directors
According to the 2025 annual accounts
Vishal Bhailal SHAH
Director
since 2022
Vishal Sushilkumar GOENKA
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de Maestricht 67
4651 Herve
Rue de Charneux 59
4651 Herve
Active since 9 December 1999
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
- 0467.608.690
- VAT number
- BE 0467.608.690
- Registered office
- Rue de Maestricht 67, 4651 Herve
- Names & denominations
- 3B-FIBREGLASS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van glasvezels
Andere afvalverwijdering
Overige verwerking en verwijdering van ongevaarlijk afval