Financials
Financial year 2025
Glotnor from Wuustwezel, company number BE0478704601, closed financial year 2025 with a result of € 8,000 after tax. For that financial year Glotnor recorded a gross margin of € 26,578 and equity of € 189,115. Compared with financial year 2024, the result moved from € 44,999 to € 8,000. 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 March 9, 2026.
€ 189,115
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,000
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 85,603
▲ 296% 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 € 169,115.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 64,392
▲ 87% 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.
€ 59
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,063
▼ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,583 | € 89,175 | € 79,171 | € 26,578 | ▼ 66% |
| Profit after taxes | € 19,213 | € 52,260 | € 44,999 | € 8,000 | ▼ 82% |
| Equity | € 114,844 | € 167,104 | € 181,116 | € 189,115 | ▲ 4% |
| Total debts | € 3,618 | € 13,289 | € 52,584 | € 6,097 | ▼ 88% |
| Cash | € 27,302 | € 54,357 | € 21,638 | € 85,603 | ▲ 296% |
| Retained profit | € 94,844 | € 147,104 | € 161,116 | € 169,115 | ▲ 5% |
| Dividend | € 26,181 | € 0 | € 30,987 | € 0 | ▼ 100% |
| Balance sheet total | € 118,462 | € 180,392 | € 233,700 | € 195,212 | ▼ 16% |
Key figures of Glotnor, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Glotnor?
What happened at Glotnor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8,000 (▼ 82% vs 2024). Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,213 profit in 2022 to € 8,000 profit in 2025.
Paid € 58,405 in corporate taxes since 2022.
Best year ever: 2023, with € 52,260 profit.
Paid out € 57,167 in dividends to the owners in total.
Management
Behind Glotnor is Gregory Frijters. Gregory Frijters is also behind GARAGE FRIJTERS, FRIJTERS AUTOMOTIVE, Fri-S and Frijters Holding.
Directors
According to the 2025 annual accounts
Gregory Frijters
Director
Also active at: GARAGE FRIJTERS, FRIJTERS AUTOMOTIVE, Fri-S, Frijters Holding
Establishments
Establishment units
Physical locations of this company
Zavelstraat 5
2990 Wuustwezel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.704.601
- VAT number
- BE 0478.704.601
- Registered office
- Zavelstraat 5, 2990 Wuustwezel
- Names & denominations
- Glotnor
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2002
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen
Handelsbemiddeling in motorvoertuigen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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