Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GLEMATH INVEST from Hulshout, company number BE0600836608, closed financial year 2025 with a result of € -32,669 after tax. For that financial year GLEMATH INVEST recorded a gross margin of € 25,462 and equity of € -21,676. Compared with financial year 2024, the result moved from € 25,512 to € -32,669. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 24, 2026.
€ -21,676
▼ € 34,676 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,669
▼ still € 25,512 profit in 2024
Profit after tax over the fiscal year.
€ 4,772
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -61,517.
People and assets in 2025
€ 45,313
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 251,107
▼ 13% vs 2024
€ 55,473 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 54,633
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,861
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,615 | € 45,756 | € 79,142 | € 25,462 | ▼ 68% |
| Profit after taxes | € -26,655 | € -16,004 | € 25,512 | € -32,669 | ▼ € 58,181 |
| Equity | € 7,506 | € -10,505 | € 13,000 | € -21,676 | ▼ € 34,676 |
| Total debts | € 744,079 | € 688,979 | € 643,821 | € 647,860 | ▲ 1% |
| Cash | - | € 1,647 | € 5,523 | € 4,772 | ▼ 14% |
| Land & buildings | € 466,012 | € 436,117 | € 406,223 | € 376,329 | ▼ 7% |
| Retained profit | € -38,357 | € -54,360 | € -28,848 | € -61,517 | ▼ € 32,669 |
| Bank debt | € 335,209 | € 293,885 | € 288,478 | € 251,107 | ▼ 13% |
| Balance sheet total | € 765,623 | € 691,479 | € 668,793 | € 637,121 | ▼ 5% |
Key figures of GLEMATH INVEST, 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 GLEMATH INVEST?
What happened at GLEMATH INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,669 (▼ € 58,181 vs 2024). Source: NBB ↗
- New establishment in Hulshout. KBO
- Olivier Monsaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,655 loss in 2022 to € 32,669 loss in 2025.
Best year ever: 2024, with € 25,512 profit.
A new publication or filing at GLEMATH INVEST? 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 GLEMATH INVEST is Olivier Monsaert. Olivier Monsaert is also behind FMS SERVICES and MONTEC.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Corbeillestraat 75
2235 Hulshout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0600.836.608
- VAT number
- BE 0600.836.608
- Registered office
- Corbeillestraat 75, 2235 Hulshout
- Names & denominations
- GLEMATH INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2015
- Peppol
- Active · Active since 5 Mar 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en lease van kantoormachines, inclusief computers
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Handel in eigen onroerend goed
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