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 6.3 to 4.3.
Financials
Financial year 2025
GLENCO from Schoten, company number BE0471360810, closed financial year 2025 with a result of € 130,039 after tax. For that financial year GLENCO recorded a gross margin of € 559,414 and equity of € 577,827. Compared with financial year 2024, the result moved from € 80,643 to € 130,039. 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.
€ 577,827
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 130,039
▲ 61% vs 2024
Profit after tax over the fiscal year.
€ 105,551
▲ 127% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 105,536 paid out
81 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.3
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 246,322
▼ 23% vs 2024
€ 57,300 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.
€ 30,936
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 396,683
▼ 25% vs 2024
€ 80,814 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 36,275
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 73,036
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 620,153 | € 579,257 | € 606,605 | € 559,414 | ▼ 8% |
| Profit after taxes | € 119,857 | € 74,970 | € 80,643 | € 130,039 | ▲ 61% |
| Equity | € 969,003 | € 710,447 | € 553,324 | € 577,827 | ▲ 4% |
| Total debts | € 799,055 | € 969,738 | € 1,193,497 | € 963,413 | ▼ 19% |
| Cash | € 183,368 | € 158,959 | € 46,595 | € 105,551 | ▲ 127% |
| Land & buildings | € 836,079 | € 836,980 | € 830,222 | € 784,528 | ▼ 6% |
| Retained profit | € 616,142 | € 685,447 | € 528,324 | € 552,827 | ▲ 5% |
| Dividend | € 4,750 | € 5,666 | € 237,765 | € 105,536 | ▼ 56% |
| Bank debt | € 632,097 | € 540,270 | € 525,686 | € 396,683 | ▼ 25% |
| Balance sheet total | € 1,768,058 | € 1,680,185 | € 1,746,821 | € 1,541,240 | ▼ 12% |
| Employees (FTE) | 7 | 6.3 | 5.8 | 4.3 | ▼ 1.5 |
Key figures of GLENCO, 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 GLENCO?
What happened at GLENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 130,039 (▲ 61% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Schoten. KBO
- Start of the company according to the CBE. KBO
In short
From € 119,857 profit in 2022 to € 130,039 profit in 2025.
Paid € 127,755 in corporate taxes since 2022.
Best year ever: 2025, with € 130,039 profit.
On average € 130,100 of value added per employee in 2025.
A new publication or filing at GLENCO? We notify you, reason included.
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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 GLENCO are Christel FRANCKAERT, Glenn DE WEVER and Eric DE WEVER.
Directors
According to the 2025 annual accounts
Christel FRANCKAERT
Director
Glenn DE WEVER
Director
Eric DE WEVER
Director
Establishments
Establishment units
Physical locations of this company
Korte Kopstraat 24
2900 Schoten
Carrettestraat 30
2170 Antwerpen
Active since 11 November 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.360.810
- VAT number
- BE 0471.360.810
- Registered office
- Korte Kopstraat 24, 2900 Schoten
- Names & denominations
- GLENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2000
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Groothandel in metalen en metaalertsen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed