Financials
Financial year 2025
GLAM from Tremelo, company number BE0536578363, closed financial year 2025 with a result of € 21,206 after tax. For that financial year GLAM recorded a gross margin of € 45,775 and equity of € 99,587. Compared with financial year 2024, the result moved from € 6,560 to € 21,206. 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 2, 2026.
€ 99,587
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,206
▲ 223% vs 2024
Profit after tax over the fiscal year.
€ 12,513
▼ 57% 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 € 93,387.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 7,171
▼ 82% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 2,888
▼ 65% vs 2024
Of which on lease € 99.
Debts at end 2025
€ 4,217
▼ 74% vs 2024
Loans from banks and other lenders, long and short.
€ 12,164
▲ € 10,486 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 960
▼ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 97,346 | € 29,735 | € 66,119 | € 45,775 | ▼ 31% |
| Profit after taxes | € 12,295 | € -46,109 | € 6,560 | € 21,206 | ▲ 223% |
| Equity | € 130,330 | € 84,221 | € 90,781 | € 99,587 | ▲ 10% |
| Total debts | € 81,575 | € 56,683 | € 32,898 | € 17,341 | ▼ 47% |
| Cash | € 63,322 | € 35,713 | € 29,240 | € 12,513 | ▼ 57% |
| Retained profit | € 111,730 | € 65,621 | € 72,181 | € 93,387 | ▲ 29% |
| Bank debt | € 25,827 | € 21,025 | € 16,129 | € 4,217 | ▼ 74% |
| Balance sheet total | € 211,905 | € 140,904 | € 123,678 | € 116,927 | ▼ 5% |
Key figures of GLAM, 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 GLAM?
What happened at GLAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,206 (▲ 223% vs 2024). Source: NBB ↗
- New establishment in Tremelo. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,295 profit in 2022 to € 21,206 profit in 2025.
Paid € 227 in corporate taxes since 2022.
Best year ever: 2025, with € 21,206 profit.
Management
Behind GLAM is Sarah Navez.
Directors
According to the 2025 annual accounts
Sarah Navez
Director
Establishments
Establishment units
Physical locations of this company
Veldonkstraat 38
3120 Tremelo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.578.363
- VAT number
- BE 0536.578.363
- Registered office
- Veldonkstraat 38, 3120 Tremelo
- Names & denominations
- GLAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2013
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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